Welcome to our dedicated page for Eastgroup Pptys news (Ticker: EGP), a resource for investors and traders seeking the latest updates and insights on Eastgroup Pptys stock.
EastGroup Properties, Inc. (NYSE: EGP) is a self-administered equity REIT focused on industrial properties in high-growth U.S. markets, with an emphasis on Texas, Florida, California, Arizona and North Carolina. This news page aggregates company announcements, earnings updates and other disclosures that reflect EastGroup’s ongoing activities as an industrial-focused real estate investment trust.
Readers can find earnings-related news, including quarterly results, funds from operations, same property net operating income trends and commentary from management on portfolio performance and market conditions. EastGroup regularly announces the timing of its earnings conference calls and webcasts, where senior management discusses operating results, current operations and earnings outlook.
The news flow also covers capital allocation and financing actions, such as new unsecured term loans, amendments to credit facilities and at-the-market equity offering programs, as disclosed in press releases and Form 8-K filings. Updates on development and acquisition activity are frequent, detailing new projects started, properties transferred to the operating portfolio, acquisitions of operating assets and purchases of development land in markets like Dallas, Orlando, San Antonio, Miami, Atlanta and Raleigh-Durham.
Investors following EGP news will also see dividend declarations and increases, which highlight the company’s long record of consecutive quarterly cash distributions, as well as leadership and governance updates such as executive promotions and planned retirements. For those tracking the industrial REIT sector, EastGroup’s news provides insight into leasing activity, rental rate trends and the company’s positioning in supply-constrained, transportation-oriented industrial submarkets. Bookmark this page to review EastGroup’s official announcements and related regulatory news in one place.
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.
EastGroup Properties (NYSE: EGP) has announced significant business developments in May 2025. The company acquired a 66-acre office complex in Tampa's I-75 East submarket for $32 million, with plans to develop five industrial buildings totaling 553,000 square feet. The company's portfolio maintains strong performance with 96.8% leased and 95.7% occupied properties.
Rental rates have shown remarkable growth, with new and renewal leases averaging 41.7% increases on a straight-line basis and 28.6% on a cash basis. The company has executed four development property leases totaling 144,000 square feet. Additionally, EastGroup settled forward equity agreements by issuing 416,067 shares for net proceeds of $74.1 million, with 627,804 shares still available for settlement. Moody's has affirmed EastGroup's Baa2 rating and upgraded its outlook from stable to positive.
EastGroup Properties (NYSE: EGP) has declared a quarterly cash dividend of $1.40 per share, payable on July 15, 2025, to shareholders of record as of June 30, 2025. This marks the company's 182nd consecutive quarterly distribution, representing an annualized dividend rate of $5.60 per share. The REIT has maintained or increased its dividend for 32 consecutive years, with increases in 29 of those years, including the last 13 years consecutively.
EastGroup Properties is a self-administered equity REIT focused on industrial properties development, acquisition, and operation across high-growth U.S. markets, particularly in Texas, Florida, California, Arizona, and North Carolina. The company's portfolio currently encompasses approximately 63.1 million square feet, targeting business distribution spaces ranging from 20,000 to 100,000 square feet.
EastGroup Properties (NYSE: EGP) reported Q1 2025 results with net income of $1.14 per diluted share, down from $1.22 in Q1 2024. Funds from Operations (FFO) reached $2.12 per share, a 7.1% increase year-over-year.
Key operational highlights include:
- Operating portfolio was 97.3% leased and 96.5% occupied as of March 31, 2025
- Rental rates on new and renewal leases increased 46.9% on a straight-line basis
- Same Property Net Operating Income grew 5.3% on a straight-line basis
- Two development projects totaling 375,000 square feet were transferred to operating portfolio
- Signed 10 development project leases totaling 414,000 square feet
The company maintained strong financial metrics with a debt-to-market capitalization of 13.7% and declared a quarterly dividend of $1.40 per share. For 2025, EastGroup projects FFO per share to be between $8.84 and $9.04.