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Eastgroup Pptys (EGP) Stock News

EGP NYSE

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. reports developments as 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. Its updates center on business distribution space for location-sensitive customers, development projects, value-add acquisitions, leasing activity, occupancy trends and properties clustered near major transportation features in supply-constrained submarkets.

Recurring news also covers quarterly operating results and REIT measures such as FFO, property net operating income and same-property performance. EastGroup announcements frequently include dividend declarations, distribution tax treatment, debt financing, earnings calls and management commentary on demand, supply and leasing conditions across its industrial portfolio.

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EastGroup Properties (NYSE:EGP) declared a quarterly cash dividend of $1.55 per share, payable July 15, 2026, to shareholders of record on June 30, 2026.

This is the 186th consecutive quarterly dividend, implying an annualized rate of $6.20 per share and continuing a 33-year streak of increased or maintained dividends.

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EastGroup Properties (NYSE: EGP) reported Q1 2026 results: EPS $1.77 and FFO $2.34 per diluted share (FFO excluding certain gains $2.30). Same-property NOI rose 7.5% (straight-line) and 9.2% (cash). Operating portfolio was 96.5% leased as of March 31, 2026. Company started four developments ($84.1M) and acquired a 177,000 sq ft Jacksonville property for ~$38.1M. Dividend $1.55 paid; annualized yield 3.1% based on $201.79 close on April 21, 2026.

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EastGroup Properties (NYSE: EGP) will host its First Quarter 2026 earnings conference call on Thursday, April 23, 2026 at 10:00 a.m. ET. The Company will release Q1 results after market close on Wednesday, April 22, 2026.

Management will discuss first quarter results, current operations, and 2026 earnings outlook. Live dial-in, webcast, and replays will be available via the company's website. EastGroup's portfolio totals approximately 65.1 million square feet, with concentration in Texas, Florida, California, Arizona and North Carolina.

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EastGroup Properties (NYSE: EGP) declared a quarterly cash dividend of $1.55 per share, payable April 15, 2026, to shareholders of record on March 31, 2026. This dividend is the 185th consecutive quarterly distribution and represents an annualized rate of $6.20 per share. EastGroup has increased or maintained its dividend for 33 consecutive years, with 30 increases during that span and increases in each of the last 14 years. The company portfolio includes approximately 65.1 million square feet of industrial properties and focuses on development and acquisitions in high-growth U.S. markets.

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EastGroup Properties (NYSE: EGP) reported continued leasing strength and recent transaction activity as of Feb 25, 2026. Portfolio occupancy was 96.6% leased and 96.0% occupied, with new/renewal rental increases averaging 41.9% straight-line and 27.9% cash year-to-date.

The company executed development leases totaling ~166,000 sq ft, began construction on a 156,000 sq ft Tampa project (projected costs ~$26.9M), plans a 100,000 sq ft expansion (projected costs ~$10.6M), raised ~$70M via equity sales, completed a $38.2M acquisition, sold a Fresno portfolio for ~$37M (gain ~$25M), and received a Moody's upgrade to Baa1.

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EastGroup Properties (NYSE: EGP) reported strong fourth-quarter and full-year 2025 results with FFO (excluding involuntary conversion/business interruption) of $2.34 per share for Q4 (up 8.8% YoY) and $8.95 per share for 2025 (up 7.7% YoY). Same-property NOI rose 8.5% (Q4) and 7.0% (FY) on a straight-line basis. Rental rates on new and renewal leases increased 34.6% in Q4 and 40.1% for FY. The company raised its quarterly dividend 10.7% to $1.55 and closed $250 million of term loans at an effective 4.13%.

Activity included acquisitions (~$262M operating properties and 300 acres of land in 2025), 1.44M sq ft of development starts, and transfers of 2.11M sq ft to operations.

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EastGroup Properties (NYSE: EGP) announced the income tax treatment of its 2025 distributions. Total distributions for 2025 equal $5.91119 per share, all reported as ordinary dividends and as Section 199A qualified REIT dividends; $0.00 was reported as capital gain distributions, unrecaptured Sec. 1250 gain, or nondividend return of capital. Cash distributions paid on January 15, 2026 (record date December 31, 2025) are treated as received on December 31, 2025 pursuant to IRC Section 857(b)(9). The company reported no foreign taxes in 2025 and stated that none of the distributions are considered qualified dividends eligible for reduced capital gains rates.

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EastGroup Properties (NYSE: EGP) moved its Fourth Quarter 2025 earnings conference call and webcast to 10:00 a.m. Eastern Time on Thursday, February 5, 2026, one hour earlier due to a scheduling conflict. The company will release fourth quarter financial results after market close on Wednesday, February 4, 2026, with an earnings release and supplemental information posted at www.eastgroup.net.

A live dial-in (1-800-836-8184, conference ID EastGroup) and webcast will be available, with telephone replay (1-888-660-6345, access code 26761#) and webcast replay accessible through Thursday, February 12, 2026. EastGroup manages approximately 65 million square feet of industrial properties focused in Texas, Florida, California, Arizona and North Carolina.

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FAQ

What is the current stock price of Eastgroup Pptys (EGP)?

The current stock price of Eastgroup Pptys (EGP) is $205.405 as of May 25, 2026.

What is the market cap of Eastgroup Pptys (EGP)?

The market cap of Eastgroup Pptys (EGP) is approximately 11.0B.