EASTGROUP PROPERTIES INC (EGP) 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. Its central aim is to enhance shareholder value by serving as a leading provider of adaptable, efficient, and high-quality business distribution facilities for location-sensitive clients, generally seeking spaces between 15,000 and 70,000 square feet. EastGroup's growth strategy prioritizes ownership of prime distribution centers, strategically positioned close to key transportation networks in submarkets where supply is limited. The firm's current portfolio encompasses approximately 45.8 million square feet, including properties under development, value-add acquisitions in lease-up, and those currently under construction.
Sector: Real Estate Investment Trusts
Industry: REIT - Industrial
EastGroup Properties, Inc. NYSE:EGP Real Estate · REIT - Industrial
Mkt Cap $10.7B
Div Yield 3.22%
AH Close $199.02 +0.00% vs close
AH Close $199.02 +0.00% vs close
Mkt Cap $10.7B
Div Yield 3.22%
All Press Release SEC Filings News
Press Release ● Major ⚠ 2
EastGroup Properties Announces Third Quarter 2026 Results
EastGroup Properties reported Q3 2026 diluted EPS of $1.46 (vs $1.26 a year ago) and FFO of $2.45 per share, up 7.9% year-over-year.
Same-property NOI excluding lease terminations rose 5.3% straight-line and 7.1% on a cash basis, with the operating portfolio 97.3% leased and rental rate spreads on new and renewal leases up 36.3% straight-line.
Management raised 2026 FFO guidance to $9.62-$9.68 per share (from $9.52-$9.66), boosted development starts guidance to $390 million and acquisitions guidance to $360 million, and increased the quarterly dividend 12.9% to $1.75 per share -- its 187th consecutive quarterly payout.
The company also entered ~$486 million of forward equity sale agreements at an initial weighted average price of $202.06 per share to pre-fund growth, and maintains low leverage at 3.2x debt-to-EBITDAre.
• 4d ago AI analysis › SEC Filing
EGP: 8-K/A · leadership change
EastGroup Properties filed an 8-K/A on October 13, 2026 amending its October 1, 2026 Form 8-K to disclose that new directors Bethany Logan Ropa and Robyn R. Werner were appointed to the Board's Audit Committee on October 8, 2026.
The underlying 8-K reported the Board's expansion from seven to nine directors, with Ropa and Werner joining as independent directors effective October 1, 2026; committee assignments had not been determined at that time.
The amendment contains no financial, strategic, or operational changes beyond the committee assignments, making it a routine governance disclosure for the industrial REIT.
SEC 8-K/A • 12d ago Press Release
EastGroup Properties Announces New Directors
EastGroup Properties appointed Bethany Logan Ropa and Robyn R. Werner to its board of directors effective October 1, 2026, expanding the Board to nine directors, eight of whom are independent.
Ropa is CFO of JE Dunn Construction and formerly Head of Americas for UBS's Real Estate, Lodging and Leisure investment banking group; Werner is a retired EY Assurance Partner who led real estate audits for numerous public REITs.
The additions deepen the Board's real estate, audit and finance expertise but represent routine governance housekeeping with no near-term operational or financial impact.
• 24d ago AI analysis › Press Release
EastGroup Properties Announces Third Quarter 2026 Earnings Conference Call and Webcast
EastGroup Properties will release Q3 2026 results after the market close on October 21, 2026, and host its earnings conference call at 10:00 a.m. ET on October 22.
The release contains no financial figures or guidance; it is a scheduling notice with dial-in and webcast details.
EastGroup is an S&P MidCap 400 industrial REIT with approximately 66.8 million square feet across Texas, Florida, California, Arizona and North Carolina.
• 0mo ago AI analysis › Press Release ⚠ 2
EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conferences
EastGroup's portfolio was 97.1% leased and 96.1% occupied as of August 31, 2026, with 1,944,000 square feet of new and renewal leases signed in July and August at straight-line rent increases averaging 38.9% and cash increases of 23.1%. CEO Marshall Loeb said the portfolio is outperforming expectations quarter to date and that early-year leasing velocity is continuing.
Capital deployment stayed active: the company began 772,000 square feet of development and redevelopment with projected costs of about $119 million, closed the ~$83 million Harris Ridge Business Center acquisition in Austin, and bought development land for roughly $38 million in Northeast Dallas and $12 million in East Tampa.
Funding is partly locked in via forward equity: new Q3 forward sale agreements cover 532,460 shares at an initial weighted average price of $203.96 (~$108.6 million gross), and 1,572,917 shares remain available for settlement through February 2028 for about $318.2 million gross.
Management is scheduled to present at the Evercore, Bank of America Securities, and Mizuho real estate conferences during September.
• 1mo ago AI analysis › Press Release
EastGroup Properties Announces Dividend Increase
EastGroup Properties raised its quarterly dividend by 12.9% to $1.75 per share, up from $1.55, representing an annualized rate of $7.00.
The dividend is payable on October 15, 2026, to shareholders of record on September 30, marking the 187th consecutive quarterly cash distribution.
This increase extends the company's streak to 15 consecutive years of dividend hikes, reflecting its position as a developer and operator of industrial properties.
• 1mo ago AI analysis › Press Release ● Major
EastGroup Properties Announces Second Quarter 2026 Results
EastGroup Properties reported Q2 diluted EPS of $1.40 and FFO of $2.36, driven by a 10.6% increase in property net operating income compared to the prior year.
Operational metrics remained strong with same-property cash basis NOI growing 8.3% and rental rates on new and renewal leases increasing 34.1%, while portfolio occupancy stayed high at 95.6%.
Management raised 2026 development guidance to $325 million following record leasing activity and announced a $28 million acquisition in Phoenix, highlighting continued demand for industrial space.
• 3mo ago AI analysis › Press Release
EastGroup Properties Announces Second Quarter 2026 Earnings Conference Call and Webcast
EastGroup Properties scheduled its second quarter 2026 earnings conference call for Thursday, July 23, 2026, at 10:00 a.m. Eastern Time.
The company plans to release its second quarter financial results after the market closes on Wednesday, July 22, 2026.
Senior management will discuss quarterly results, current operations, and the earnings outlook for 2026 on the call.
• 4mo ago AI analysis › Press Release
EastGroup Properties Announces Recent Business Activity and Presentation at Nareit's REITweek
EastGroup Properties reported strong Q2 leasing activity, with 1.36 million square feet of new and renewal leases signed, driving straight-line rental rate increases of 33.6%.
The portfolio remains 96.5% leased and 95.7% occupied, with development leasing continuing at a normalized pace across key markets like Houston and Charlotte.
The company entered into forward equity sale agreements for 706,038 shares at an average price of $202.82, generating approximate gross proceeds of $143.2 million without immediate dilution.
• 4mo ago AI analysis › SEC Filing
EGP: 8-K · proxy statement
EastGroup Properties, Inc. (EGP) reported the results of its annual meeting of shareholders held on May 21, 2026. Shareholders elected all seven director nominees, including D. Pike Aloian, H. Eric Bolton, Jr., Donald F. Colleran, David M. Fields, Pamela J. Kessler, Marshall A. Loeb, and Mary E. McCormick, with each receiving over 97% of the votes cast in favor.
The shareholders also ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with approximately 96% of votes cast in favor. Additionally, the non-binding advisory vote on executive compensation (say-on-pay) passed with roughly 97% support, indicating strong alignment between shareholders and management on compensation practices.
SEC 8-K • 4mo ago Press Release
EastGroup Properties Announces 186th Consecutive Quarterly Cash Dividend
EastGroup Properties declared a quarterly cash dividend of $1.55 per share, payable July 15, 2026, to shareholders of record on June 30, 2026.
This marks the 186th consecutive quarterly distribution, maintaining the annualized rate of $6.20 per share.
The company has increased or maintained its dividend for 33 consecutive years, with increases in each of the last 14 years.
• 5mo ago AI analysis › Press Release ● Major ⚠ 2
EastGroup Properties Announces First Quarter 2026 Results
EastGroup Properties reported Q1 FFO of $2.34 per diluted share, an 8.8% increase over the prior year, driven by a 36.8% surge in rental rates on new and renewal leases.
The company raised its full-year 2026 FFO guidance to a range of $9.46 to $9.66 per share, up from the previous $9.40 to $9.60 range, citing strength in its high-growth markets.
Operating metrics remained robust with the portfolio 96.5% leased and 95.9% occupied, while the firm continued to recycle capital through $38 million in acquisitions and $37 million in dispositions.
• 6mo ago AI analysis › Recent SEC filings with analysis 
