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 its standardized methodology for calculating key non-GAAP property metrics to improve comparability across the sector. Building on the 2018 harmonization i ...

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 results, current operations, and earnings outlook for 2025.  EastGroup plans to release financial results for the quarter after the market closes on ...

I rate EastGroup Properties, Inc. (NYSE: EGP ) a Hold, for long-term investors interested in real estate investment trusts ((REITs)). Since the last time I covered the REIT , it has increased +15.3%, suggesting it is priced at the premiumDavid A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternative investment funds such as hedge ...

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 181st 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 ...

FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ Maryland 13-2711135 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 400 W Parkway Place Suite 100 Ridgeland, Mississippi 39157 (Address of principal executive offices) (Zip code) Registrant's telephone number: (601) 354-3555 For the transition period from ___ to ___ COMMISSION FILE NUMBER 1-07094 EASTGROUP PROPERTIES, INC. (Exact Name of Registrant ...

EastGroup Properties, Inc. (NYSE:EGP) Q4 2024 Earnings Conference Call February 7, 2025 11:00 AM ET Company Participants Marshall Loeb - President and Chief Executive Officer Keena Frazier - Director of Leasing Statistics Brent Wood - Chief Financial Officer Conference Call Participants Andrew Berger - Bank of America Merrill Lynch Alexander Goldfarb - Piper Sandler & Co. Craig Mailman - Citigroup Inc. AJ Peak - KeyBanc Capital Markets, Inc. Richard Anderson - Wedbush Securities Nicholas Thillman - Robert W ...

The real estate investment trust's fourth-quarter report was generally in line with Wall Street's estimates.EastGroup Properties (EGP 0.45%), a real estate investment trust (REIT) focused on industrial properties primarily in the Sunbelt, reported its fourth-quarter results on Feb. 6. Earnings per share (EPS) of $1.16 slightly beat expectations of $1.15, while revenue of $164 million came in slightly below the expected $166 million. MetricQ4 2024Q4 2024 Analysts' EstimateQ4 2023% ChangeFFO per diluted share ...

EastGroup Properties (EGP) reported $164.04 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 10%. EPS of $2.15 for the same period compares to $1.35 a year ago.The reported revenue represents a surprise of -1.49% over the Zacks Consensus Estimate of $166.53 million. With the consensus EPS estimate being $2.16, the EPS surprise was -0.46%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

EastGroup Properties (EGP) came out with quarterly funds from operations (FFO) of $2.15 per share, missing the Zacks Consensus Estimate of $2.16 per share. This compares to FFO of $2.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.46%. A quarter ago, it was expected that this real estate investment trust would post FFO of $2.10 per share when it actually produced FFO of $2.13, delivering a surprise of 1.43%.Over the last four ...

Exhibit 99.1 EastGroup Properties Announces Fourth Quarter and Full Year 2024 Results Fourth Quarter 2024 Highlights Full Year 2024 Highlights 400 W. Parkway Place, Suite 100, Ridgeland, MS 39157 | TEL: 601-354-3555 | www.eastroup.net Page 1 • 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 202 ...