EastGroup Properties Inc (EGP)
EastGroup Properties, Inc. (NYSE: EGP) is a leading self-managed real estate investment trust (REIT) primarily engaged in the development, acquisition, and management of industrial properties across key Sunbelt markets in the United States. With a strategic focus on high-growth states such as Florida, Texas, Arizona, California, and North Carolina, EastGroup seeks to capitalize on the increasing demand for logistics and distribution facilities. The company's diversified portfolio and commitment to operational excellence position it as an attractive investment option for institutional investors looking to leverage the robust dynamics of the industrial real estate sector.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 24.47% per annum.
- EGP price at the close of October 24, 2025 was $177.20 and was higher than the top border of the primary price channel by $42.72 (31.77%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 4.44% per annum.
- EGP price at the close of October 24, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of EGP price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 10, 2024
End date: January 17, 2025
a = 6.2527
b = -0.0008
s = 0.0256
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -24.47%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0256) – 1
= 10.79%
July 10, 2024 calculations
Top border of price channel:
Exp(Y930)
= Exp(a + b × X930 + 2 × s)
= Exp(a + b × 1,353 + 2 × s)
= Exp(6.2527 + -0.0008 × 1,353 + 2 × 0.0256)
= Exp(5.2636)
= $193.17
Bottom border of price channel:
Exp(Y930)
= Exp(a + b × X930 – 2 × s)
= Exp(a + b × 1,353 – 2 × s)
= Exp(6.2527 + -0.0008 × 1,353 – 2 × 0.0256)
= Exp(5.1611)
= $174.35
January 17, 2025 calculations
Top border of price channel:
Exp(Y1,062)
= Exp(a + b × X1,062 + 2 × s)
= Exp(a + b × 1,544 + 2 × s)
= Exp(6.2527 + -0.0008 × 1,544 + 2 × 0.0256)
= Exp(5.1167)
= $166.78
Bottom border of price channel:
Exp(Y1,062)
= Exp(a + b × X1,062 – 2 × s)
= Exp(a + b × 1,544 – 2 × s)
= Exp(6.2527 + -0.0008 × 1,544 – 2 × 0.0256)
= Exp(5.0142)
= $150.54
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 24.47% per annum.
- EGP price at the close of October 24, 2025 was $177.20 and was higher than the top border of the primary price channel by $42.72 (31.77%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: July 10, 2024
End date: October 24, 2025
a = 5.3248
b = -0.0001
s = 0.0417
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -4.44%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0417) – 1
= 18.17%
July 10, 2024 calculations
Top border of price channel:
Exp(Y930)
= Exp(a + b × X930 + 2 × s)
= Exp(a + b × 1,353 + 2 × s)
= Exp(5.3248 + -0.0001 × 1,353 + 2 × 0.0417)
= Exp(5.2399)
= $188.65
Bottom border of price channel:
Exp(Y930)
= Exp(a + b × X930 – 2 × s)
= Exp(a + b × 1,353 – 2 × s)
= Exp(5.3248 + -0.0001 × 1,353 – 2 × 0.0417)
= Exp(5.0729)
= $159.64
October 24, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.3248 + -0.0001 × 1,824 + 2 × 0.0417)
= Exp(5.1813)
= $177.91
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.3248 + -0.0001 × 1,824 – 2 × 0.0417)
= Exp(5.0143)
= $150.55
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 4.44% per annum.
- EGP price at the close of October 24, 2025 was inside the secondary price channel.