Here are the 10-Q quarterly reports from EastGroup Properties Inc. (EGP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow EGP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EGP filings page.
EastGroup Properties, Inc. (EGP) reported third-quarter 2026 income from real estate operations of $199.4 million, versus $182.1 million a year earlier, and net income attributable to common stockholders of $78.4 million, versus $66.9 million. Diluted FFO per share was $2.45, up 7.9%; for the nine months ended September 30, 2026, diluted FFO per share was $7.15, up 7.7%, and diluted EPS was $4.63 versus $3.60.
Same-property PNOI, excluding lease termination income, increased 6.3% for the nine-month period. New and renewal leases signed during that period had average rental rates 35.6% above former leases on the same spaces. As of September 30, 2026, the portfolio was 97.3% leased and 96.5% occupied, and its development and value-add program included 21 projects totaling 4,061,000 square feet.
EastGroup sold 365,620 shares through its ATM program for $69.3 million in net proceeds and entered forward sale agreements for 3,443,388 shares at a $201.88 weighted average forward price; it received no proceeds from forward-counterparty share sales at entry. Moody’s upgraded its issuer rating to Baa1, stable outlook, from Baa2, positive outlook, in February 2026. After quarter-end, EastGroup repaid a $100 million term loan due October 10, 2026, at an effectively fixed 1.98% rate.
EastGroup Properties, an industrial-focused REIT, reported higher results for the quarter and six months ended June 30, 2026. Net income attributable to common stockholders was $75,523,000 for the quarter and $170,147,000 year-to-date, with diluted EPS of $1.40 and $3.17, a 34.9% increase over the prior-year period. Funds from operations attributable to common stockholders were $126,771,000 for the quarter and $252,037,000 for six months, or $2.36 and $4.70 per diluted share.
Property Net Operating Income rose 10.8% year-to-date, and Same PNOI excluding lease terminations increased 6.8%. The operating portfolio was 96.8% leased and 95.6% occupied at June 30, 2026, with new and renewal leases on 4,887,000 square feet achieving 35.2% higher rental rates. As of that date the company owned 557 industrial properties totaling approximately 65,700,000 square feet and maintained a development and value-add pipeline of 17 projects comprising 3,175,000 square feet with a projected total investment of $486,800,000. Growth activities in the first half included acquiring a 177,000 square foot Jacksonville property for $38,130,000, selling 444,000 square feet of operating properties for $44,000,000 (generating gains of $30,074,000), issuing 365,620 shares through its ATM program for $69,300,000 of net proceeds, and entering into forward equity sale agreements covering 1,040,457 shares with expected gross proceeds of $209,603,000.
EastGroup Properties, Inc. reported higher quarterly results driven by strong property performance and asset recycling. Net income attributable to common stockholders rose to $94.6 million, or $1.77 per diluted share, compared with $59.4 million, or $1.14, a year earlier, helped by a $24.9 million gain on the sale of Shaw Commerce Center.
Funds from operations attributable to common stockholders increased to $125.3 million, or $2.34 per diluted share, up from $2.15. Same‑property net operating income excluding lease termination fees grew 7.5%, supported by same‑property average occupancy of 97.3% and higher average rents of $9.26 per square foot versus $8.62 a year ago.
The company remained active in capital recycling and development, acquiring a 177,000‑square‑foot Jacksonville logistics asset for $38.1 million and selling a 398,000‑square‑foot Fresno property for $36.3 million. It had $698.4 million invested in development and value‑add properties and issued 365,620 common shares for net proceeds of $69.3 million under its at‑the‑market program. Moody’s upgraded EastGroup’s issuer rating to Baa1, and unsecured debt outstanding totaled $1.615 billion with no balance on the main credit facility.
EastGroup Properties, Inc. (EGP) reported higher Q3 results. Total revenues were $182.1M and net income attributable to common stockholders was $66.9M ($1.26 diluted EPS), up from $55.2M ($1.13) a year ago. Year‑to‑date, revenues reached $533.9M with net income of $189.7M.
The balance sheet showed total assets of $5.35B, cash of $3.0M, and unsecured debt (net) of $1.48B. Operating cash flow for the nine months was $416.0M. The company acquired three operating properties totaling 638,000 square feet for $122.0M and purchased 171.8 acres of development land for $83.8M.
Financing activity included refinancing a $100M term loan to an effectively fixed rate of 4.97%, repayment of a $50M term loan in March and $20M notes in August, and subsequent repayment in October of $75M notes. Equity actions included issuing 33,120 shares via the ATM for net proceeds of $6.0M and settling forward equity agreements by issuing 1,449,078 shares for approximately $258.1M. Shares outstanding were 53,348,644 as of October 22, 2025. The Q3 common dividend declared was $1.55 per share.