EastGroup Properties Announces Leadership Promotions to Drive Long-Term Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
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Source: PRnewswire
- Leadership Changes: EastGroup announces promotions for Reid, Staci, Brent, and Michelle effective January 1, 2026, collectively bringing nearly 70 years of experience, reflecting the company's confidence in their leadership to drive shareholder value growth.
- Strategic Execution Enhancement: Newly appointed President Dunbar will work directly with CEO Loeb to oversee capital allocation decisions, further advancing the company's strategic execution in rapidly growing markets and enhancing overall operational efficiency.
- Financial Management Optimization: New CFO Tyler will lead all aspects of the company's financial strategy, ensuring financial transparency and accountability while enhancing investor relations to support ongoing growth in high-growth markets.
- Regional Leadership Transition: With Eastern Region EVP Coleman retiring in June 2026, Todd Johnson will succeed him, leveraging Johnson's strong leasing and development results in the Eastern markets to lay a solid foundation for the company's future growth.
Analyst Views on EGP
Wall Street analysts forecast EGP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EGP is 194.06 USD with a low forecast of 172.00 USD and a high forecast of 220.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
10 Buy
6 Hold
0 Sell
Moderate Buy
Current: 179.950
Low
172.00
Averages
194.06
High
220.00
Current: 179.950
Low
172.00
Averages
194.06
High
220.00
About EGP
EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in high-growth markets throughout the United States with an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's strategy for growth is based on ownership of distribution facilities generally clustered near major transportation features in supply-constrained submarkets. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, includes approximately 63.9 million square feet. The Company's properties are primarily in the 20,000 to 100,000 square foot range. The majority of the Company’s leases are triple net leases, in which the tenant is responsible for their pro rata share of operating expenses during the lease term, including real estate taxes, insurance and common area maintenance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
