$173.37
0.81% yesterday
NYSE, Nov 25, 10:10 pm CET
ISIN
US2772761019
Symbol
EGP

EastGroup Properties, Inc. Target price 2024 - Analyst rating & recommendation

EastGroup Properties, Inc. Classifications & Recommendation:

Buy
60%
Hold
40%

EastGroup Properties, Inc. Price Target

Target Price $198.72
Price $173.37
Potential
Number of Estimates 18
18 Analysts have issued a price target EastGroup Properties, Inc. 2025 . The average EastGroup Properties, Inc. target price is $198.72. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 20 analysts: 12 Analysts recommend EastGroup Properties, Inc. to buy, 8 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the EastGroup Properties, Inc. stock has an average upside potential 2025 of . Most analysts recommend the EastGroup Properties, Inc. stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 572.11 642.19
17.44% 12.25%
EBITDA Margin 69.78% 69.36%
1.11% 0.60%
Net Margin 38.02% 35.64%
13.68% 6.26%

10 Analysts have issued a sales forecast EastGroup Properties, Inc. 2024 . The average EastGroup Properties, Inc. sales estimate is

$642m
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. This is
2.23% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$645m 2.68%
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, the lowest is
$639m 1.72%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $572m 17.44%
2024
$642m 12.25%
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2025
$716m 11.52%
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2026
$791m 10.46%
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2027
$978m 23.64%
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2028
$1.1b 11.41%
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11 Analysts have issued an EastGroup Properties, Inc. EBITDA forecast 2024. The average EastGroup Properties, Inc. EBITDA estimate is

$445m
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. This is
2.65% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$450m 3.59%
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, the lowest is
$440m 1.48%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $399m 18.74%
2024
$445m 11.58%
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2025
$503m 12.91%
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2026
$560m 11.36%
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2027
$615m 9.74%
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EBITDA Margin

2023 69.78% 1.11%
2024
69.36% 0.60%
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2025
70.23% 1.25%
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2026
70.80% 0.81%
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2027
62.85% 11.23%
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2 EastGroup Properties, Inc. Analysts have issued a net profit forecast 2024. The average EastGroup Properties, Inc. net profit estimate is

$229m
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. This is
3.89% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$229m 3.87%
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, the lowest is
$229m 3.92%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $218m 1.38%
2024
$229m 5.24%
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2025
$239m 4.49%
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2026
$266m 11.08%
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Net Margin

2023 38.02% 13.68%
2024
35.64% 6.26%
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2025
33.40% 6.29%
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2026
33.59% 0.57%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.42 4.65
1.38% 5.20%
P/E 37.27
EV/Sales 15.91

2 Analysts have issued a EastGroup Properties, Inc. forecast for earnings per share. The average EastGroup Properties, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$4.65
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. This is
3.93% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$4.65 3.93%
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, the lowest is
$4.65 3.93%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $4.42 1.38%
2024
$4.65 5.20%
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2025
$4.86 4.52%
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2026
$5.40 11.11%
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P/E ratio

Current 35.80 18.10%
2024
37.27 4.11%
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2025
35.67 4.29%
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2026
32.11 9.98%
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Based on analysts' sales estimates for 2024, the EastGroup Properties, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

15.91
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
13.36
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 16.26 7.24%
2024
15.91 2.16%
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2025
14.27 10.33%
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2026
12.92 9.47%
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2027
10.45 19.12%
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2028
9.38 10.24%
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P/S ratio

Current 13.66 5.49%
2024
13.36 2.18%
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2025
11.98 10.33%
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2026
10.85 9.47%
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2027
8.78 19.12%
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2028
7.88 10.24%
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