Eastgroup Properties, Inc (NYSE: EGP) Recovers 24.19% From 52-Week Low, Is EGP Still A High-Risk, High-Reward Play?

Eastgroup Properties, Inc (NYSE:EGP) currently has a daily average trading volume of 439.74K but it saw 237839 shares traded in last market. With a market cap of 8.98B USD, the company’s current market price of $170.97 came rising about 0.24 while comparing to the previous closing price of $170.56. 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 $170.02 while lowest mark touched by it was $172.01.

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 -0.65% down while it is -1.00% when we observe its performance for the past one month. Year-to-date it is 6.53% up and over the past year, the stock is showing an upside performance of 3.08%.

Currently, Eastgroup Properties, Inc’s total number of outstanding shares is 52.27M. Company’s return on investment (ROI) stands at 4.80% and return on equity (ROE) at 7.61%. It has a price to earnings ratio (P/E ratio) of 37.36 while having a 32.49 of forward P/E ratio. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 2.67 while price to sale or P/S ratio amounts to 13.56. Its return on asset (ROA) is 4.72% on average.

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