East Properties(EGP)
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EastGroup Properties Announces Fourth Quarter 2024 Earnings Conference Call and Webcast
Prnewswire· 2025-01-07 22:07
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, current operations, and earnings outlook for 2025. EastGroup plans to release financial results for the quarter after the market closes on Febru ...
EastGroup Properties Announces Recent Business Activity
Prnewswire· 2024-12-30 21:05
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 tenants, are located adjacent to the Company's DFW Global Logistics Centre 1-4 buildings near the Dallas-Fort Worth Ai ...
EastGroup Properties Announces 180th Consecutive Quarterly Cash Dividend
Prnewswire· 2024-12-02 18:25
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 180th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $5.60 per share. EastGroup has increased or maintained its dividend for 32 con ...
3 Great Dividend Stocks to Buy for Those With $175 or Less to Invest
The Motley Fool· 2024-11-25 11:08
One of the many great things about investing in dividend stocks is that they don't typically cost a lot of money, making it easy for beginners to get started. Meanwhile, you can routinely buy more shares as you have additional cash to invest, enabling you to steadily grow your dividend income. Several great dividend stocks currently cost less than $175 per share, including EastGroup Properties (EGP 1.59%), Mid-America Apartment Communities (MAA 1.52%), and Extra Space Storage (EXR 0.76%). Buying any one of ...
EastGroup Acquires Atlanta Property, Sees Healthy Leasing Activity
ZACKS· 2024-11-15 16:15
EastGroup Properties (EGP) recently announced that it acquired Riverpoint Industrial Park in Atlanta for around $88 million in November. With this, the REIT’s ownership in Atlanta reached around 2,246,000 square feet, with 98.1% being leased. Developed in 2020, this property, which comprised three industrial buildings totaling 779,000 square feet, is fully leased to six tenants. EGP’s expansion efforts in the resilient Sunbelt, shallow bay industrial market seem a strategic fit.In November, EGP is also slat ...
EastGroup Properties: The Surprising Growth Catalyst in Sun Belt Real Estate
The Motley Fool· 2024-11-14 12:30
EastGroup's strengths, management, and financials-all in 12 minutes or less!Explore the exciting world of EastGroup Properties (EGP 0.53%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of Oct. 16, 2024. The video was published on Nov. 14, 2024. ...
EastGroup Properties: Double-Digit Dividend Growth, Industrial Powerhouse You Should Consider
Seeking Alpha· 2024-11-01 13:00
Over the past year, the industrial REIT sector has faced its fair share of headwinds from easing industrial demand, ultimately driving their occupancy ratings lower. However, many have continued to grow their AFFO, FFO, and revenue, a testament to their strong fundamentals.Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational ...
East Properties(EGP) - 2024 Q3 - Quarterly Report
2024-10-24 20:48
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ Title of each classTrading symbol(s) Name of each exchange on which registered Common stock, $0.0001 par value per share EGP New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the t ...
East Properties(EGP) - 2024 Q3 - Earnings Call Transcript
2024-10-24 17:14
EastGroup Properties, Inc. (NYSE:EGP) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Marshall Loeb - President & Chief Executive Officer Keena Frazier - Director-Leasing Statistics Brent Wood - Chief Financial Officer Conference Call Participants Craig Mailman - Citigroup Rich Anderson - Wedbush Andrew Berger - Bank of America Samir Khanal - Evercore ISI Todd Thomas - KeyBanc Capital Markets Blaine Heck - Wells Fargo Michael Carroll - RBC Capital Markets Alexander Goldfar ...
East Properties(EGP) - 2024 Q3 - Earnings Call Presentation
2024-10-24 16:13
EAST GROUP R O P E R T I E b S October 2024 Riverside 1 & 2 Atlanta, Georgia Forward-Looking Statements The statements and certain other information contained herein, which can be identified by the use of forward-looking terminology such as "may," "will," "seek," "expects," "anticipates," "believes," "targets," "intends," "should," "estimates," "could," "continue," "assume," "projects," "goals," or "plans" and variations of such words or similar expressions or the negative of such words, constitute "forward ...