Eastgroup Pptys Inc Stock Price, News & Analysis

EastGroup Properties (NYSE: EGP) declared a quarterly cash dividend of $1.55 per share payable on January 15, 2026 to shareholders of record on December 31, 2025. The dividend annualizes to $6.20 per share.

This payment is the 184th consecutive quarterly distribution and continues a record of increasing or maintaining the dividend for 33 consecutive years, with increases in 30 of those years, including increases in each of the last 14 years. EastGroup’s portfolio, including developments and value-add projects, totals approximately 64.5 million square feet.

EastGroup Properties (NYSE: EGP) reported portfolio and transaction updates as of Nov 30, 2025 and announced participation at Nareit REITworld Dec 9-10, 2025.

Key operational metrics: 97.0% leased, 96.2% occupied. Q4-to-date leasing signed: 1,057,000 sq ft with rental rate increases averaging 31.1% straight-line and 17.1% cash. Development leases signed: ~454,000 sq ft (vs 115,000 sq ft in Q3).

Financing and acquisitions: closed $250M senior unsecured term loans (effectively fixed 4.13%); recent land purchases total $34M plus a $9M San Antonio site; two 100% leased properties (~278,000 sq ft) scheduled to close mid-December.

Land & Buildings says First Industrial (NYSE: FR) is materially upgraded and trades at a large discount to value. The presentation estimates 30% upside to NAV, cites a nearly 7% implied cap rate on FR (based on NOI to market rents) versus peers in the low–mid 5% range, and highlights that FR has newly developed ~40% of its portfolio and disposed >40% of legacy assets over the past decade.

Land & Buildings urges FR to pursue asset dispositions, land sales, capital returns, and improved investor communication, and to evaluate strategic alternatives if the discount persists; buyers named include Prologis and Blackstone.

EastGroup Properties (NYSE: EGP) reported third quarter 2025 results: EPS $1.26 (Q3 2024: $1.13) and FFO $2.27 per diluted share (Q3 2024: $2.13; +6.6%). PNOI was $134.4M for Q3 and rose 12.9% year-over-year; nine-month FFO was $6.64 per share (+7.3%). The operating portfolio was 96.7% leased and 95.9% occupied as of Sept 30, 2025; average occupancy for Q3 was 95.7%. Rental rates on new and renewal leases increased an average of 35.9% in Q3 and 42.1% year-to-date on a straight-line basis.

Activity included acquisitions of three operating properties (638,000 sq ft) for ~$122M, multiple land purchases for future development, start of a 161,000 sq ft Dallas development (~$27M projected cost), transfer of 864,000 sq ft to operations, and declaration of the 183rd consecutive quarterly dividend, raised 10.7% to $1.55 per share (annualized $6.20; yield 3.4%). Balance sheet: debt-to-market cap 14.1%, interest coverage ~16.8x for the quarter.

EastGroup Properties (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, has scheduled its Third Quarter 2025 Earnings Conference Call and Webcast for October 24, 2025, at 11:00 a.m. Eastern Time. The company will release its financial results after market close on October 23, 2025.

EastGroup is a self-administered equity REIT specializing in industrial properties across high-growth U.S. markets, particularly in Texas, Florida, California, Arizona and North Carolina. The company's portfolio encompasses approximately 64.4 million square feet, including development projects and value-add acquisitions in lease-up and under construction.

EastGroup Properties (NYSE:EGP), an industrial real estate company, announced its participation in three upcoming investor conferences in September 2025. The company reports strong operational metrics with its portfolio being 96.9% leased and 95.9% occupied.

CEO Marshall Loeb noted increased activity for vacant spaces and expressed optimism about market opportunities arising from declining industrial construction pipeline and improving tenant demand. Management will present at the Evercore ISI Real Estate Conference (Sept 3-4), Barclays Global Financial Services Conference (Sept 8), and Bank of America Securities Global Real Estate Conference (Sept 9).

EastGroup Properties (NYSE: EGP) announced a significant 10.7% increase in its quarterly dividend to $1.55 per share from $1.40 per share. The dividend will be paid on October 15, 2025, to shareholders of record as of September 30, 2025.

This marks EastGroup's 183rd consecutive quarterly cash distribution and represents an annualized dividend rate of $6.20 per share. The company has maintained or increased its dividend for 33 consecutive years, with increases in 30 of those years, including the last 14 years consecutively.

EastGroup is a self-administered REIT focusing on industrial properties across high-growth U.S. markets, particularly in Texas, Florida, California, Arizona, and North Carolina. The company's portfolio currently includes approximately 63.9 million square feet of space.

EastGroup Properties (NYSE:EGP) reported strong Q2 2025 results with net income of $1.20 per diluted share, up from $1.14 in Q2 2024. The company achieved FFO of $2.21 per share, representing a 7.8% increase year-over-year. Same Property NOI grew by 6.6% on a straight-line basis.

Key operational highlights include rental rate increases of 44.4% on new and renewal leases, with the operating portfolio 97.1% leased and 96.0% occupied. The company initiated two development projects in Nashville and Atlanta totaling 469,000 square feet with projected costs of $70 million.

Post quarter-end, EastGroup acquired two Raleigh properties for $61 million and continued its expansion with strategic land acquisitions. The company maintained its strong financial position with a debt-to-market capitalization of 14.2% and declared a quarterly dividend of $1.40 per share.

EastGroup Properties (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, has scheduled its Second Quarter 2025 Earnings Conference Call and Webcast for July 24, 2025, at 11:00 a.m. Eastern Time. CEO Marshall Loeb and CFO Brent Wood will discuss Q2 results and 2025 outlook.

The company will release its financial results on July 23, 2025 after market close. EastGroup is a self-administered REIT specializing in industrial properties across high-growth U.S. markets, with emphasis in Texas, Florida, California, Arizona and North Carolina. The company's portfolio encompasses approximately 63.6 million square feet, including development projects and value-add acquisitions.