EastGroup Properties (NYSE:EGP) Receives "Overweight" Rating from Barclays

Core Viewpoint - EastGroup Properties (EGP) is a real estate investment trust (REIT) focusing on industrial properties in major Sunbelt markets, known for strategic investments in high-demand areas contributing to growth and stability [1] Group 1: Company Overview - EGP specializes in the development, acquisition, and operation of industrial properties [1] - The company operates in a competitive landscape with Cousins Properties (CUZ) as a notable competitor, focusing on office properties [1] Group 2: Stock Performance and Ratings - Barclays upgraded EGP to an "Overweight" rating on December 4, 2025, indicating a positive outlook despite a current Zacks Rank of 4 (Sell) [2] - EGP's stock price at the time of the upgrade was $179.24, suggesting potential for outperformance in the market [2] - EGP's current stock price reflects a slight decrease of 0.12% or $0.21, with a trading range today between $177.35 and $179.715 [4] Group 3: Market Comparison - Investors should consider the Zacks Rank when comparing EGP with Cousins Properties, as CUZ holds a Zacks Rank of 2 (Buy), indicating a more favorable earnings outlook [3] - EGP has a market capitalization of approximately $9.56 billion and a trading volume of 365,686 shares on the NYSE [4]