Eastgroup Properties (EGP) received a Hold rating from Evercore ISI and Morgan Stanley, while Truist Financial maintained a Buy rating. The company reported strong quarterly earnings, with revenue of $174.45 million and net profit of $59.42 million for the quarter ending March 31.

John Kim of BMO Capital maintains a Buy rating on EastGroup Properties with a $195.00 price target, citing strong financial performance, rising occupancy rates, and improved cash flow metrics. The company raised full-year guidance and strengthened its balance sheet, while analysts note its focus on small-bay properties in the Sunbelt region.

The 2025 BOMA International TOBY Awards honored 17 commercial real estate properties across various categories, including Corporate Facility, Earth, and Mixed-Use, with The Home Depot as the sponsor.

The article discusses the benefits of REITs (Real Estate Investment Trusts) for retirement portfolios, highlighting EastGroup and Realty Income as top picks for their strong financials, dividend history, and growth potential. It emphasizes their role in providing stable income and long-term returns for individual investors.

Analysts have set a target price of $188.00 for EastGroup Properties, Inc. (NYSE:EGP), with a 'Moderate Buy' consensus rating. The company reported strong quarterly earnings, beating estimates, and announced a dividend. Institutional investors have increased their holdings, while analysts adjusted price targets and ratings.