Earnings summaries and quarterly performance for EASTGROUP PROPERTIES.
Executive leadership at EASTGROUP PROPERTIES.
Marshall Loeb
Detailed
Chief Executive Officer and President
CEO
Brent Wood
Detailed
Executive Vice President, Chief Financial Officer and Treasurer
John Coleman
Detailed
Executive Vice President
Reid Dunbar
Detailed
Executive Vice President
Ryan Collins
Detailed
Executive Vice President
Staci Tyler
Detailed
Executive Vice President, Chief Accounting Officer and Chief Administrative Officer
Board of directors at EASTGROUP PROPERTIES.
Research analysts who have asked questions during EASTGROUP PROPERTIES earnings calls.
Blaine Heck
Wells Fargo Securities
7 questions for EGP
Also covers: BXP, CDP, COLD +13 more
Craig Mailman
Citigroup
7 questions for EGP
Also covers: AKR, BRX, COLD +15 more
Michael Carroll
RBC Capital Markets
7 questions for EGP
Also covers: AHR, ARE, COLD +16 more
Nicholas Thillman
Robert W. Baird & Co.
7 questions for EGP
Also covers: COLD, CUZ, FR +7 more
Brendan Lynch
Barclays
6 questions for EGP
Also covers: BXP, CCI, CUBE +16 more
John Kim
BMO Capital Markets
6 questions for EGP
Also covers: AIV, ALX, ARDX +32 more
Omotayo Okusanya
Deutsche Bank AG
6 questions for EGP
Also covers: AMH, ARE, BDN +40 more
Ronald Kamdem
Morgan Stanley
6 questions for EGP
Also covers: AAT, ADC, AHR +36 more
Samir Khanal
Bank of America
6 questions for EGP
Also covers: BRX, COLD, CUBE +16 more
Alexander Goldfarb
Piper Sandler
5 questions for EGP
Also covers: ALEX, ALX, AVB +25 more
Michael Griffin
Citigroup Inc.
5 questions for EGP
Also covers: AHR, ALX, ARE +32 more
Richard Anderson
Wedbush Securities
5 questions for EGP
Also covers: AIV, ARE, AVB +25 more
Michael Mueller
JPMorgan Chase & Co.
4 questions for EGP
Also covers: AKR, BRX, CBL +26 more
Todd Thomas
KeyBanc Capital Markets
4 questions for EGP
Also covers: AAT, AKR, BRX +20 more
Vince Tibone
Green Street
4 questions for EGP
Also covers: CBL, COLD, FR +7 more
Jessica Zheng
Green Street Advisors, LLC
3 questions for EGP
Also covers: FR, STAG
Vikram Malhotra
Mizuho Financial Group, Inc.
3 questions for EGP
Also covers: ALX, ARE, BXP +17 more
Andrew Berger
Bank of America
2 questions for EGP
Also covers: AHH, BXP, DAL +1 more
Connor Mitchell
Piper Sandler & Co.
2 questions for EGP
Also covers: BRX, CHCT, CPT +8 more
Jon Petersen
Jefferies
2 questions for EGP
Also covers: CORZ, CUBE, DLR +11 more
Ki Bin Kim
Truist Securities
2 questions for EGP
Also covers: ADC, AKR, BNL +20 more
Mike Miller
JPMorgan
2 questions for EGP
A.J. Peak
KeyBanc Capital Markets
1 question for EGP
Eric Borden
BMO Capital Markets
1 question for EGP
Also covers: ADC, BNL, EPRT +5 more
Nikita Bely
J.P. Morgan
1 question for EGP
Also covers: HR, PLYM
Steve Sakwa
Evercore ISI
1 question for EGP
Also covers: ALX, AMH, AVB +31 more
Recent press releases and 8-K filings for EGP.
EastGroup Properties Announces Recent Business Activity and Debt Issuance
EGP
Debt Issuance
New Projects/Investments
- As of November 30, 2025, EastGroup's portfolio was 97.0% leased and 96.2% occupied. During the fourth quarter of 2025 to date, new and renewal leases for 1,057,000 square feet were signed, achieving rental rate increases averaging 31.1% on a straight-line basis and 17.1% on a cash basis.
- In November 2025, the company closed on $250,000,000 in senior unsecured term loans with a weighted average effectively fixed interest rate of 4.13%.
- EastGroup began construction on a 113,000 square foot, 100% pre-leased development project in Orlando with projected costs of $16,000,000. The company also acquired 128 acres of development land in Dallas and San Antonio for approximately $34,000,000 during October and November 2025, expected to accommodate over 1.4 million square feet of future development.
1 day ago
EastGroup Properties Inc. Announces $1 Billion At-The-Market Common Stock Offering
EGP
New Projects/Investments
- EastGroup Properties Inc. (EGP) filed a prospectus supplement on December 5, 2025, for an at-the-market common stock offering of up to $1,000,000,000.
- The offering will be conducted through a new sales agency financing agreement with multiple sales agents and forward sellers, with sales agents receiving a commission not exceeding 1.5% of the gross sales price.
- This new program replaces a prior at-the-market program, which was terminated with approximately $520.1 million in common stock remaining unsold.
- The net proceeds from the offering are intended for general corporate purposes, including working capital, debt repayment, and funding for industrial property acquisitions or development.
4 days ago
EastGroup Properties Enters New Term Loan Agreement and Amends Existing Credit Facilities
EGP
Debt Issuance
New Projects/Investments
- EastGroup Properties, Inc. and its subsidiary entered into a Term Loan Agreement on November 19, 2025, for a total of $250.0 million in unsecured term loans.
- This new debt includes a $100.0 million Tranche A maturing April 30, 2030, and a $150.0 million Tranche B maturing March 14, 2031.
- The company achieved a weighted average effectively fixed interest rate of 4.15% per annum on the new term loans through interest rate swaps.
- The proceeds from these loans will be used for general business purposes, including acquisitions and development of real property.
- On the same date, the company also amended its $625.0 million Sixth Amended and Restated Credit Agreement and several other unsecured term loans to remove the upward 0.10% interest rate adjustment for SOFR loans.
Nov 25, 2025, 9:17 PM
EastGroup Properties Reports Q3 2025 Results and Updates 2025 Guidance
EGP
Earnings
Guidance Update
Demand Weakening
- EastGroup Properties reported Q3 2025 FFO per share of $2.27, a 6.6% increase over the prior year, with quarter-end leasing at 96.7% and occupancy at 95.9%.
- The company issued full-year 2025 FFO guidance of $8.94 to $8.98 per share, representing a 7.3% increase compared to the prior year, and projects Q4 FFO between $2.30 and $2.34 per share.
- Quarterly releasing spreads were 36% GAAP and 22% cash, while cash same-store NOI rose 6.9% for the quarter and 6.2% year-to-date.
- Development start projections for 2025 were reforecast to $200 million due to slower development leasing, despite an increase in prospect activity, and the company maintains a strong balance sheet with a debt-to-EBITDA ratio of 2.9 times.
Oct 24, 2025, 3:00 PM
EastGroup Properties Reports Strong Q3 2025 FFO and Updates Full-Year Guidance
EGP
Earnings
Guidance Update
New Projects/Investments
- EastGroup Properties (EGP) reported Q3 2025 Funds From Operations (FFO) of $2.27 per share, marking a 6.6% increase over the prior year, with quarter-end leasing at 96.7% and occupancy at 95.9%.
- The company achieved strong operational metrics, including cash releasing spreads of 22% and GAAP releasing spreads of 36% for leases signed in Q3, along with cash same-store growth of 6.9% for the quarter.
- EGP updated its full-year 2025 FFO guidance to $8.94 to $8.98 per share and provided Q4 2025 FFO guidance in the range of $2.30 to $2.34 per share.
- Development start projections for 2025 were reforecasted to $200 million due to a slower pace of development leasing, though the company noted increased prospect activity.
- The balance sheet remains strong, with debt to total market capitalization at 14.1% and an unadjusted debt to EBITDA ratio of 2.9 times.
Oct 24, 2025, 3:00 PM
EastGroup Properties Reports Strong Q3 2025 Results and Updates Full-Year Guidance
EGP
Earnings
Guidance Update
Demand Weakening
- EastGroup Properties reported Q3 2025 Funds From Operations (FFO) of $2.27 per share, an increase of 6.6% over the prior year, exceeding the midpoint of their guidance.
- The company projects Q4 2025 FFO guidance to be in the range of $2.30-$2.34 per share, and FY 2025 FFO guidance in the range of $8.94-$8.98 per share, representing increases of 7.9% and 7.3% respectively compared to the prior year.
- Quarter-end leasing was 96.7%, with cash releasing spreads at 22% for Q3 2025 and 27% year-to-date. Cash same-store rose 6.9% for the quarter and 6.2% year-to-date.
- Development start projections for 2025 were reforecast to $200 million, a reduction of $15 million due to a slower pace of development leasing.
- The company maintains a strong balance sheet with a debt-to-total market capitalization of 14.1% and an unadjusted debt-to-EBITDA ratio of 2.9x.
Oct 24, 2025, 3:00 PM
EGP Reports Strong Q3 2025 FFO and Raises Full-Year Guidance
EGP
Earnings
Guidance Update
Debt Issuance
- EGP reported Q3 2025 Funds From Operations (FFO) of $2.27 per share, an increase of 6.6% over the prior year, and updated its full-year 2025 FFO guidance to a range of $8.94 to $8.98 per share, representing a 7.3% increase over the prior year.
- The company's operating portfolio ended Q3 2025 96.7% leased with an average quarterly occupancy of 95.7%. Cash same-store NOI rose 6.9% for the quarter, and the midpoint of its cash same-store NOI growth guidance was increased to 6.7%.
- Quarterly releasing spreads were 36% GAAP and 22% cash for leases signed during the quarter. EGP reforecasted 2025 development starts to $200 million due to a slower leasing pace for larger spaces, although prospect activity has improved.
- EGP maintains a strong balance sheet with a debt-to-total market capitalization of 14.1% and an unadjusted debt-to-EBITDA ratio of 2.9 times. The company settled $118 million in forward equity agreements and plans to issue $200 million of debt in Q4 2025.
Oct 24, 2025, 3:00 PM
Quarterly earnings call transcripts for EASTGROUP PROPERTIES.
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