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New York Stock Exchange · Real Estate

Invest in EastGroup Properties stock from India

Indian and foreign residents can buy EastGroup Properties (EGP) shares directly through Paasa.

By Paasa · Updated

EastGroup Properties at a glance

Price
$201.81-$0.69 (0.34%)
Market cap
$10.85B
Day range
$201.40 – $202.81
P/E
35.34
Dividend yield
3.07%
Volume
215.90K
1 month
-0.55%
6 months
+9.84%
YTD
+13.21%
1 year
+21.79%
5 years
+20.46%

Live chart and statistics

EastGroup Properties statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$721.3M$638.5M$566.4M$487.0M$409.5M
Gross profit$312.4M$464.3M$412.4M$353.1M$294.4M
Operating income$287.6M$442.9M$395.0M$336.2M$278.0M
Net income$257.4M$227.8M$200.5M$186.2M$157.6M
Earnings per share$4.88$4.67$4.43$4.37$3.91
EBITDA$495.4M$414.5M$370.4M$314.7M$260.7M
Total assets$5.4B$5.1B$4.5B$4.0B$3.2B
Total debt$1.8B$1.5B$1.7B$1.9B$1.5B
Cash and short-term investments$1.0M$17.5M$40.3M$56.0K$4.4M
Shareholders' equity$3.5B$3.3B$2.6B$2.0B$1.6B
Operating cash flow$480.7M$416.6M$338.2M$316.5M$256.5M
Free cash flow$404.9M$357.3M$287.1M$275.6M$219.8M
Capital expenditure−$75.8M−$59.3M−$51.1M−$40.9M−$36.7M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
AGNC InvestmentAGNC$9.60$11.02B
Federal Realty Investment TrustFRT$110.48$9.54B
Alexandria Real Estate EquitiesARE$50.32$8.77B
CubeSmartCUBE$37.93$8.59B
Rexford Industrial RealtyREXR$37.54$8.58B
LineageLINE$35.96$8.19B
First Industrial Realty TrustFR$61.15$8.11B
STAG IndustrialSTAG$36.91$7.12B

Peers as grouped by the data provider. This is not an investment recommendation.

Analyst price targets

Low
$200.00
High
$268.00
Median
$230.50
Consensus
$230.08

Ratings: 17 buy · 16 hold · 0 sell. Consensus: Buy.

Published sell-side 12-month targets in USD, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in EastGroup Properties from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search EGP and buy

    Find EastGroup Properties by name or by its ticker, EGP, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in EastGroup Properties from India

What EastGroup Properties does

EastGroup Properties, Inc. (NYSE: EGP), a self-administered equity real estate investment trust and an S&P MidCap 400 company, specializes in the development, acquisition, and management of industrial properties. The company concentrates its efforts within major Sunbelt markets across the United States, with a particular focus on Florida, Texas, Arizona, California, and North Carolina. EastGroup Properties operates in the REIT - Industrial industry within the Real Estate sector.

Hold a dollar asset

EastGroup Properties shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one EastGroup Properties share. There is no minimum trade size.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Planning to hold more than $60,000 in US stocks? Here's what US estate tax means for you.

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

There are two ways to plan for it: keep the right estate documentation in place, or get your real estate exposure through a UCITS ETF instead, which sits outside US estate tax.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy EastGroup Properties stock from India?

Yes. Indian residents and NRIs can buy EastGroup Properties (EGP) shares directly through Paasa. EastGroup Properties is listed on the New York Stock Exchange, in the REIT - Industrial industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full EastGroup Properties share?

No. You can buy part of one EastGroup Properties share and add to your position over time. A whole share is $201.81, but there is no minimum trade size, so you choose the amount.

How are EastGroup Properties dividends taxed for Indian investors?

The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. EastGroup Properties’ current yield is 3.07%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell EastGroup Properties shares?

The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my EastGroup Properties shares if I pass away?

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. There are two ways to plan for it: keep the right estate documentation in place, or get your real estate exposure through a UCITS ETF instead, which sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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