Downgrade Alert for EastGroup Properties (EGP)
Comtex SmarTrend(R) - Fri Dec 19, 7:01AM CST
EastGroup Properties (NYSE:EGP) was downgraded from Buy to Neutral at Goldman Sachs today. The stock closed yesterday at $63.73 on volume of 173,000 shares, below average daily volume of 175,000. Potential upside of 2.4% exists for EastGroup Properties, based on a current level of $63.73 and analysts' average consensus price target of $65.25. The stock should run into initial resistance at its 200-day moving average (MA) of $63.91 and subsequent resistance at its 50-day MA of $65.91.
EGP: 64.03 (+0.03)
Eastgroup Properties boosted by upgrade
Seeking Alpha - at Seeking Alpha - Mon Dec 08, 9:10AM CST
EGP: 64.03 (+0.03)
Upgrade Alert for EastGroup Properties (EGP)
Comtex SmarTrend(R) - Mon Dec 08, 7:02AM CST
EastGroup Properties (NYSE:EGP) was upgraded from Underperform to Neutral at Credit Suisse today. The stock closed yesterday at $64.45 on volume of 221,000 shares, above average daily volume of 177,000. There is potential upside of 3.0% for shares of EastGroup Properties based on a current price of $64.45 and an average consensus analyst price target of $66.36. EastGroup Properties shares should encounter resistance at the 50-day moving average (MA) of $65.40 and support at its 200-day MA of $63.83.
EGP: 64.03 (+0.03)
EastGroup Properties declares 140th consecutive dividend of USD0.57 per share for quarter
M2 - Mon Dec 08, 4:27AM CST
The board of directors of EastGroup Properties (NYSE:EGP), a real estate investment trust, approved a common stock cash dividend of USD.57 per share for the quarter, the company disclosed on Friday.
EGP: 64.03 (+0.03)
Eastgroup Properties declares $0.57 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 05, 12:21PM CST
EGP: 64.03 (+0.03)
EastGroup Properties Announces 140th Consecutive Quarterly Cash Dividend
PR Newswire - Fri Dec 05, 12:16PM CST
EastGroup Properties (NYSE: EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.57 per share payable on December 31, 2014 to shareholders of record of Common Stock on December 19, 2014. This dividend is the 140th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $2.28 per share. EastGroup has increased or maintained its dividend for 22 consecutive years and increased it 19 years over that period.
EGP: 64.03 (+0.03)
Stifel rotates out of some REIT recommendations
Seeking Alpha - at Seeking Alpha - Wed Dec 03, 6:36AM CST
FR: 20.98 (-0.05), EGP: 64.03 (+0.03), CUZ: 11.55 (-0.03), PKY: 18.59 (-0.09)
Cousins Vends 5 Properties, Fully Sheds Retail Ownership - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 20, 9:40AM CST
Cousins Properties Incorporated (CUZ) sold five shopping centers, spanning about 486,000 square feet, for $79.5 million to a single buyer.
DRE: 20.46 (unch), ARE: 89.23 (-0.23), EGP: 64.03 (+0.03), CUZ: 11.55 (-0.03)
Prologis Inks Build-to-Suit Deal with Swedish Logistics Firm - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 13, 4:50PM CST
Prologis, Inc. (PLD) revealed a build-to-suit deal with Sweden's logistics company for a space of 280,000 square feet.
DCT: 35.96 (+0.21), DRE: 20.46 (unch), EGP: 64.03 (+0.03), PLD: 43.11 (-0.37)
10.1% Return Seen to Date on SmarTrend EastGroup Properties Call (EGP)
Comtex SmarTrend(R) - Tue Nov 04, 9:39AM CST
SmarTrend identified an Uptrend for EastGroup Properties (NYSE:EGP) on October 9th, 2014 at $62.55. In approximately 4 weeks, EastGroup Properties has returned 10.14% as of today's recent price of $68.89.
EGP: 64.03 (+0.03)
EastGroup Properties' (EGP) CEO David Hoster on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Fri Oct 17, 3:34PM CDT
EGP: 64.03 (+0.03)
JLL's LaSalle Investment Management Wins $575M Mandate - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 17, 12:11PM CDT
A large U.S. public pension fund has awarded JLL's independent subsidiary -- LaSalle Investment Management -- a mandate for making investments worth $575 million for industrial development in the U.S.
DCT: 35.96 (+0.21), JLL: 151.52 (-0.03), EGP: 64.03 (+0.03), PLD: 43.11 (-0.37)
More on EGP Q3 results
Seeking Alpha - at Seeking Alpha - Thu Oct 16, 3:58PM CDT
EGP: 64.03 (+0.03)
Eastgroup Properties beats by $0.01, beats on revenue
Seeking Alpha - at Seeking Alpha - Thu Oct 16, 3:20PM CDT
EGP: 64.03 (+0.03)
EastGroup Properties Announces Record Setting Third Quarter 2014 Results
PR Newswire - Thu Oct 16, 3:01PM CDT
-- Funds from Operations of $28.1 Million ($.89 Per Share) for the Quarter Compared to $25.3 Million ($.83 Per Share) for the Same Quarter Last Year, an Increase of 7.2% Per Share
EGP: 64.03 (+0.03)
Zacks Rank #1 Additions for Thursday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Oct 16, 8:30AM CDT
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Thursday
ANH: 5.31 (-0.05), EGP: 64.03 (+0.03), CBL: 19.72 (-0.19), ENH: 59.60 (-0.55), XRAY: 53.76 (-0.24)
Why Did DCT Industrial Lose on Class A Asset Buyout? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 13, 6:10PM CDT
DCT Industrial (DCT) has recently bought a bulk distribution property in the Northern California region.
DCT: 35.96 (+0.21), DRE: 20.46 (unch), EGP: 64.03 (+0.03), CUZ: 11.55 (-0.03)
EastGroup Properties Announces Presentation at the International Strategy and Investment 2014 Real Estate Conference
PR Newswire - Mon Sep 29, 3:00PM CDT
EastGroup Properties, Inc. (NYSE: EGP) announced today that it is scheduled to present at the International Strategy and Investment 2014 Real Estate Conference. David H. Hoster II, President and CEO, will participate in a panel discussion on Thursday, October 2, 2014, at 1:50 p.m., EDT. The presentation will be broadcast live and is accessible through the following link: http://www.veracast.com/webcasts/isi/realesta...103366.cfm. The webcast will be archived for 30 days, through November 2, 2014.
EGP: 64.03 (+0.03)