Eastgroup Properties, Inc (NYSE:EGP) currently has a daily average trading volume of 512.68K but it saw 332273 shares traded in last market. With a market cap of 8.36B USD, the company’s current market price of $159.90 came rising about 1.16 while comparing to the previous closing price of $158.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $192.61 and as low as $137.67. In the recent trading on the day, stock has struck highest price mark of $159.23 while lowest mark touched by it was $161.725.
Taking a look at 20-day trading activity of Eastgroup Properties, Inc (EGP) gives us an average price of $165.13, while its current price level is -16.98% below from 52-week high level whereas it is 16.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $174.26 while that of 200 days or SMA-200 reads an average of $176.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.03% during that period while stretching the period over a month that increases to 3.74%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.55 which implies that the stock is in neutral territory.
Piper Sandler downgraded its recommendation for the stock as a “Neutral” from “Overweight” on April 07, 2025 while assigning a price target of $175. Evercore ISI issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $181 and $185.
Over the week, EGP’s stock price is moving 5.07% up while it is -10.80% when we observe its performance for the past one month. Year-to-date it is -0.37% down and over the past year, the stock is showing a downside performance of -3.87%.
Currently, Eastgroup Properties, Inc’s total number of outstanding shares is 51.83M. Company’s return on investment (ROI) stands at 4.83% and return on equity (ROE) at 7.72%. It has a price to earnings ratio (P/E ratio) of 34.33 while having a 29.83 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 2.52 while price to sale or P/S ratio amounts to 13.00. Its return on asset (ROA) is 4.75% on average.
