Eastgroup Properties Stock News

Eastgroup Properties, Inc. (EGP) shares closed today at 1.7% below its 52 week high of $220.42, giving the company a market cap of $8B. The stock is currently up 59.4% year-to-date, up 58.8% over the past 12 months, and up 237.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 24.8% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 156.8% The company's stock price performance over the past 12 months beats the peer average by 140.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 76.3% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

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M&T Bank Corp raised its position in shares of EastGroup Properties, Inc. (NYSE:EGP) by 4.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 8,235 shares of the real estate investment trusts stock after acquiring an additional 359 shares during the period. M&T Bank Corps holdings in EastGroup Properties were worth $1,372,000 as of []

Shares of EastGroup Properties, Inc. (NYSE:EGP) have been given an average recommendation of Hold by the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among []

This is the 2nd day in a row egp has seen its price head up. The post Eastgroup Properties Inc (EGP): Price Now Near $217.4; Daily Chart Shows An Uptrend on 50 Day Basis appeared first on ETF Daily News .

Stephens Inc. AR lowered its position in EastGroup Properties, Inc. (NYSE:EGP) by 9.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,311 shares of the real estate investment trusts stock after selling 766 shares during the quarter. Stephens []

Zacks Investment Research upgraded shares of EastGroup Properties from a hold rating to a buy rating in a research report sent to investors on Tuesday morning, Zacks.com

Equities research analysts forecast that EastGroup Properties, Inc. (NYSE:EGP) will post sales of $106.44 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for EastGroup Properties’ earnings. The lowest sales estimate is $105.70 million and the highest is $107.40 million. EastGroup Properties reported sales of $92.67 million during […]

New York State Teachers Retirement System increased its position in EastGroup Properties, Inc. (NYSE:EGP) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 54,315 shares of the real estate investment trusts stock after acquiring an additional 1,116 shares during the quarter. New York []

Shares of EastGroup Properties, Inc. (NYSE:EGP) have been assigned an average recommendation of “Hold” from the eleven research firms that are currently covering the company, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages […]

DekaBank Deutsche Girozentrale grew its position in shares of EastGroup Properties, Inc. (NYSE:EGP) by 28.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,463 shares of the real estate investment trusts stock after buying an additional 5,643 shares during the []

Zacks Investment Research cut shares of EastGroup Properties (NYSE:EGP) from a buy rating to a hold rating in a research note released on Friday morning, Zacks.com reports. According to Zacks, “EastGroup Properties is a self-administered real estate investment trust focused on ownership, acquisition and selective development of industrial properties. The company pursues a three-pronged investment […]

EastGroup Properties, Inc. (NYSE:EGP) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $216.21 and last traded at $215.62, with a volume of 2194 shares traded. The stock had previously closed at $214.04. Several brokerages recently weighed in on EGP. Morgan Stanley raised their price objective on []

Arkadios Wealth Advisors boosted its stake in EastGroup Properties, Inc. (NYSE:EGP) by 21.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 438 shares of the real estate investment trusts stock after purchasing an additional 78 shares during the quarter. Arkadios []

EastGroup Properties (NYSE:EGP) was upgraded by Zacks Investment Research from a hold rating to a buy rating in a research report issued to clients and investors on Tuesday, Zacks.com reports. The brokerage presently has a $236.00 price objective on the real estate investment trusts stock. Zacks Investment Researchs price objective suggests a potential upside of []