News & Videos - EASTGROUP PROPERTIES INC.

EastGroup Properties Announces First Quarter 2025 Results PR Newswire JACKSON, Miss., April 23, 2025 Quarter Highlights Net Income Attributable to Common Stockholders of $1.14 Per Diluted Share for First Quarter 2025 Compared to $1.22 Per Diluted Share for First Quarter 2024 (Gains on Sales of Real Estate Investments Were $9 Million , or $0.18 Per Diluted Share, in First Quarter 2024; There Were No Sales in First Quarter 2025) Funds from Operations ("FFO") Excluding Gain on Involuntary...

EastGroup Properties Announces Standardization of Key Property Metrics among Industrial REITs PR Newswire JACKSON, Miss., April 1, 2025 JACKSON, Miss. , April 1, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today a coalition of industrial real estate investment trusts – EastGroup, First Industrial Realty Trust, Inc., Prologis, Inc., and STAG Industrial, Inc. (collectively, the "Industrial REIT Group") – has updated...

EastGroup Properties Announces First Quarter 2025 Earnings Conference Call and Webcast PR Newswire JACKSON, Miss., March 25, 2025 JACKSON, Miss. , March 25, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its First Quarter 2025 Earnings Conference Call and Webcast on Thursday, April 24, 2025 , at 11:00 a.m. Eastern Time . On the call, Marshall Loeb , CEO, and Brent Wood , CFO, will discuss the Company's first quarter...

EastGroup Properties Announces 181st Consecutive Quarterly Cash Dividend PR Newswire JACKSON, Miss., March 7, 2025 JACKSON, Miss. , March 7, 2025 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per share payable on April 15, 2025 , to shareholders of record of Common Stock on March 31 , 2025. This dividend is the 181 st consecutive quarterly distribution to EastGroup's...

EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conference PR Newswire JACKSON, Miss., Feb. 28, 2025 JACKSON, Miss. , Feb. 28, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today its recent business activity. As of February 27 , 2025, EastGroup's portfolio was 97.1% leased and 95.8% occupied. During the first quarter of 2025 to date, 1,438,000 square feet of new and renewal leases were...

EastGroup Properties Announces Fourth Quarter and Full Year 2024 Results PR Newswire JACKSON, Miss., Feb. 6, 2025 Fourth Quarter 2024 Highlights Net Income Attributable to Common Stockholders of $1.16 Per Diluted Share for Fourth Quarter 2024 Compared to $1.35 Per Diluted Share for Fourth Quarter 2023 (Gains on Sales of Real Estate Investments Were $13 Million , or $0.28 Per Diluted Share, in Fourth Quarter 2023; There Were No Sales in Fourth Quarter 2024) Funds from Operations ("FFO") Excluding...

EastGroup Properties Announces the Income Tax Treatment of its 2024 Distributions PR Newswire JACKSON, Miss., Jan. 27, 2025 JACKSON, Miss. , Jan. 27, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today the income tax treatment of its 2024 distributions as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of EastGroup distributions. Common Stock: Ticker Symbol EGP,...

EastGroup Properties Announces Fourth Quarter 2024 Earnings Conference Call and Webcast PR Newswire JACKSON, Miss., Jan. 7, 2025 JACKSON, Miss. , Jan. 7, 2025 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Fourth Quarter Earnings Conference Call and Webcast on Friday, February 7, 2025 , at 11:00 a.m. Eastern Time . On the call, Marshall Loeb , CEO, and Brent Wood , CFO, will discuss the Company's fourth quarter results,...

EastGroup Properties Announces Recent Business Activity PR Newswire JACKSON, Miss., Dec. 30, 2024 JACKSON, Miss. , Dec. 30, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity. In November, EastGroup acquired DFW Global Logistics Centre 5-8, four multi-tenant business distribution buildings totaling 492,000 square feet, for approximately $76,000,000 . These buildings, which are 100% leased to 13...

EastGroup Properties Announces 180th Consecutive Quarterly Cash Dividend PR Newswire JACKSON, Miss., Dec. 2, 2024 JACKSON, Miss. , Dec. 2, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.40 per share payable on January 15, 2025 , to shareholders of record of Common Stock on December 31, 2024 . This dividend is the 180 th consecutive quarterly distribution to EastGroup's...

EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conferences PR Newswire JACKSON, Miss., Nov. 14, 2024 JACKSON, Miss. , Nov. 14, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity. In November, EastGroup acquired Riverpoint Industrial Park, which contains three industrial buildings totaling 779,000 square feet in Atlanta , for approximately $88,000,000 . This...

EastGroup Properties Announces Third Quarter 2024 Results PR Newswire JACKSON, Miss., Oct. 23, 2024 Third Quarter 2024 Highlights Net Income Attributable to Common Stockholders of $1.13 Per Diluted Share for Third Quarter 2024 Compared to $1.07 Per Diluted Share for Third Quarter 2023 Funds from Operations ("FFO") Excluding Gain on Involuntary Conversion and Business Interruption Claims of $2.13 Per Share for Third Quarter 2024 Compared to $1.95 Per Share for Third Quarter 2023, an Increase of...

EastGroup Properties Announces Third Quarter 2024 Earnings Conference Call and Webcast PR Newswire JACKSON, Miss., Oct. 1, 2024 JACKSON, Miss. , Oct. 1, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Third Quarter Earnings Conference Call and Webcast on Thursday, October 24, 2024 , at 11:00 a.m. Eastern Time . On the call, Marshall Loeb , CEO, and Brent Wood , CFO, will discuss the Company's third quarter results,...

EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conferences PR Newswire JACKSON, Miss., Sept. 5, 2024 JACKSON, Miss. , Sept. 5, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity. Commenting on the Company's activity, Marshall Loeb , CEO, stated, "We continue to be pleased by the resiliency of the Sunbelt, shallow bay industrial market. Our year to date results...

EastGroup Properties Announces Dividend Increase PR Newswire JACKSON, Miss., Aug. 23, 2024 JACKSON, Miss. , Aug. 23, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors approved a 10.2% increase in its quarterly dividend, raising it to $1.40 per share from $1.27 per share. The dividend is payable on October 15, 2024 , to shareholders of record of Common Stock on September 30 , 2024. This dividend is the 179 th consecutive...

EastGroup Properties Announces Second Quarter 2024 Results PR Newswire JACKSON, Miss., July 23, 2024 Second Quarter 2024 Highlights Net Income Attributable to Common Stockholders of $1.14 Per Diluted Share for Second Quarter 2024 Compared to $0.97 Per Diluted Share for Second Quarter 2023 Funds from Operations ("FFO") Excluding Gain on Involuntary Conversion and Business Interruption Claims of $2.05 Per Share for Second Quarter 2024 Compared to $1.89 Per Share for Second Quarter 2023, an...

EastGroup Properties Announces Second Quarter 2024 Earnings Conference Call and Webcast PR Newswire JACKSON, Miss., July 1, 2024 JACKSON, Miss. , July 1, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Second Quarter Earnings Conference Call and Webcast on Wednesday, July 24, 2024 , at 11:00 a.m. Eastern Time . On the call, Marshall Loeb , CEO, and Brent Wood , CFO, will discuss the Company's second quarter results,...

EastGroup Properties Announces Recent Business Activity and Presentation at Nareit's REITweek PR Newswire JACKSON, Miss., May 30, 2024 JACKSON, Miss. , May 30, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity. Commenting on the Company's activity, Marshall Loeb , CEO, stated, "We continue to be pleased by the resiliency of the Sunbelt, shallow bay industrial market. The trends we saw during the...

EastGroup Properties Announces 178th Consecutive Quarterly Cash Dividend PR Newswire JACKSON, Miss., May 23, 2024 JACKSON, Miss. , May 23, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.27 per share payable on July 15, 2024 , to shareholders of record of Common Stock on June 28, 2024 . This dividend is the 178 th consecutive quarterly distribution to EastGroup's shareholders...

EastGroup Properties Announces First Quarter 2024 Results PR Newswire JACKSON, Miss., April 23, 2024 First Quarter 2024 Highlights Net Income Attributable to Common Stockholders of $1.22 Per Diluted Share for First Quarter 2024 Compared to $1.02 Per Diluted Share for First Quarter 2023 Funds from Operations ("FFO") Excluding Gain on Involuntary Conversion and Business Interruption Claims of $1.98 Per Share for First Quarter 2024 Compared to $1.82 Per Share for First Quarter 2023, an Increase of...