EGP - EastGroup Properties, Inc.
In theory, REITs should deliver abnormal returns when inflation runs hot. In practice, REITs have barely registered positive returns. While I am not overly bullish on REITs (to say the least), I still see some exceptions that might be worth scooping up.
EastGroup Properties, Inc. (EGP) Q2 2026 Earnings Call Transcript
EastGroup Properties NYSE: EGP reported a stronger-than-expected second quarter, with executives pointing to record leasing activity, resilient occupancy and rising development demand across its industrial portfolio.
EastGroup Properties (EGP) came out with quarterly funds from operations (FFO) of $2.36 per share, missing the Zacks Consensus Estimate of $2.37 per share. This compares to FFO of $2.21 per share a year ago.
Quarter Highlights Net Income Attributable to Common Stockholders of $1.40 Per Diluted Share for Second Quarter 2026 Compared to $1.20 Per Diluted Share for Second Quarter 2025 (Gains on Sales of Real Estate Investments were $5 Million, or $0.10 Per Diluted Share, in Second Quarter 2026; There Were No Sales in Second Quarter 2025) Funds from Operations ("FFO"), Excluding Gain on Involuntary Conversion and Business Interruption Claims, of $2.36 Per Diluted Share for Second Quarter 2026 Compared to $2.21 Per Diluted Share for Second Quarter 2025, an Increase of 6.8% Same Property Net Operating Income for the Same Property Pool, Excluding Income From Lease Terminations, Increased 6.2% on a Straight-Line Basis and 8.3% on a Cash Basis for Second Quarter 2026 Compared to the Same Period in 2025 Operating Portfolio was 96.8% Leased and 95.6% Occupied as of June 30, 2026; Average Month-End Occupancy of Operating Portfolio was 95.6% for Second Quarter 2026 as Compared to 95.9% for Second Quarter 2025 Rental Rates on New and Renewal Leases Increased an Average of 34.1% on a Straight-Line Basis Raised Approximately $160 Million Pursuant to the Company's Continuous Common Equity Offering Program at a Weighted Average Price of $203.15 Transferred Four Development Projects Containing 669,000 Square Feet which are 100% Leased to the Operating Portfolio Started Construction of Two Development Projects Located in Charlotte and Houston Totaling 347,000 Square Feet with Projected Total Costs of Approximately $39 Million Signed 16 Leases on Active Development and First Generation Development Properties From April 1, 2026 through July 21, 2026, Totaling Approximately 1,101,000 Square Feet Subsequent to Quarter-End, Acquired an Operating Property in Phoenix Containing 143,000 Square Feet for Approximately $28 Million and Under Contract to Acquire an Operating Property in Austin Containing Five Multi-Tenant Buildings Totaling 388,000 Square Feet for Approximately $83 Million JACKSON, Miss., July 22, 2026 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today the results of its operations for the three and six months ended June 30, 2026.
Real estate investing success hinges on wide-moat assets, conservative balance sheets, and experienced management, as demonstrated by EGP, EQIX, AMH, and HHH. EastGroup delivered a 40%+ return since the prior recommendation; now fully valued at 30.7x, I would hold rather than add. Equinix benefits from scarcity-driven pricing power and AI demand, with a strong balance sheet and a 10-year dividend growth streak.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Cousins Properties (CUZ) and EastGroup Properties (EGP). But which of these two stocks is more attractive to value investors?
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Cousins Properties (CUZ) and EastGroup Properties (EGP). But which of these two stocks presents investors with the better value opportunity right now?
JACKSON, Miss., June 11, 2026 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that it will hold its Second Quarter 2026 Earnings Conference Call and Webcast on Thursday, July 23, 2026, at 10:00 a.m.
EastGroup Properties and Realty Income faced similar cost of capital challenges post-2022 but adopted sharply contrasting strategies. O maintained aggressive acquisition targets, pivoting to private funds and new asset classes to sustain volume despite diminished spreads and flat FFO/share growth. EGP exercised discipline, pausing acquisitions when spreads disappeared, focusing on development and organic growth to drive superior FFO/share performance.
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Hudson Pacific Properties (HPP) or EastGroup Properties (EGP). But which of these two stocks offers value investors a better bang for their buck right now?
EastGroup Properties, Inc. (EGP) Presents at Nareit REITweek: 2026 Investor Conference Transcript
On June 01, 2026, EastGroup Properties Inc (EGP) shares fell 3.5% to $194.83, continuing a downward trend observed over the past week and month. The stock has f
�JACKSON, Miss., May 28, 2026 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "our", "us" or "EastGroup") announced today its recent business activity.
JACKSON, Miss., May 21, 2026 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today that its Board of Directors declared a quarterly cash dividend of $1.55 per share payable on July 15, 2026, to shareholders of record of Common Stock on June 30, 2026.
Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Hudson Pacific Properties (HPP) and EastGroup Properties (EGP). But which of these two companies is the best option for those looking for undervalued stocks?
EastGroup Properties is rated a strong buy, driven by robust portfolio growth, high occupancy, and sector-leading fundamentals. EGP's 5-year FFO CAGR of 10.7% outpaces peers, with upgraded FY26 FFO guidance and resilient EBITDA margin trends supporting future cash flow growth. Balance sheet strength is underscored by a 0.46 D/E ratio, investment-grade Moody's rating, and low tenant/geographic concentration risk.
EastGroup Properties (EGP) is well positioned to outperform the market, as it exhibits above-average growth in financials.
EastGroup Properties (EGP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Hudson Pacific Properties (HPP) and EastGroup Properties (EGP). But which of these two stocks offers value investors a better bang for their buck right now?