EastGroup Properties, Inc. Stock News

Tech stocks have been very rewarding in the last few years. REITs, on the other hand, have been very poor investments. But things are changing, and REITs are now beating Tech. Here's why.

We are in an extremely uncertain environment. REITs stand out as a safe haven in today's market. I present two of my favorite REITs to buy today.

I'm always on the lookout for high-quality REITs on sale, focusing on blue-chip companies with proven management, strong balance sheets, and conservative dividend policies. Realty Income, Public Storage, and EastGroup are top blue-chip REITs, trading below normal valuation levels, offering attractive dividend yields, and expected to deliver strong returns. Realty Income boasts a diversified por...

The US economy shows mixed signals, with weakening labor markets and housing starts, but resilient retail sales and industrial production driven by tariff front-running. Dividends and dividend growth stocks are outperforming Big Tech in 2025, with ETFs like HDV and CDL showing strong returns due to defensive sector exposure. My buy list focuses on "steady compounders" like Bar Harbor Bank, Heal...

US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimming its drawdown to around 10% from its mid-February highs, the S&P 500 rallied 4.6% this week - erasing an early-week dip with four-straight days of gains. After posting significant outperformance l...

Tariffs, especially on China, remain a significant risk, causing market uncertainty, potential shortages, inflation, and economic strain, despite the potential for reductions. Recession odds for 2025 have dipped but remain elevated due to lingering trade policy uncertainty and reduced business investment. I remain fully invested and am currently buying REITs, a blue-chip asset manager, market-l...

EastGroup Properties, Inc. (NYSE:EGP ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Marshall Loeb - President and CEO Brent Wood - CFO Conference Call Participants Blaine Heck - Wells Fargo Samir Khanal - Bank of America Craig Mailman - Citi Alexander Goldfarb - Piper Sandler John Kim - BMO Capital Markets Vikram Malhotra - Mizuho Securities Ronald Kamdem - M...

Quarter Highlights Net Income Attributable to Common Stockholders of $1.14 Per Diluted Share for First Quarter 2025 Compared to $1.22 Per Diluted Share for First Quarter 2024 (Gains on Sales of Real Estate Investments Were $9 Million, or $0.18 Per Diluted Share, in First Quarter 2024; There Were No Sales in First Quarter 2025) Funds from Operations ("FFO") Excluding Gain on Involuntary Conversi...