EGP · Eastgroup Properties Inc
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Debt non-GAAP | $1.3B | Quarter Ended June 30, 2026 | — |
| ADJUSTED DEBT-TO-PRO FORMA EBITDAre RATIO non-GAAP | 2.4 | Quarter Ended June 30, 2026 | — |
| Adjusted PNOI (Cash Basis) non-GAAP | $150.64M | Three Months Ended June 30, 2026 | — |
| Annualized dividend rate | $6.2 | Q2 2026 | — |
| Annualized PNOI (Cash Basis) non-GAAP | $602.58M | Three Months Ended June 30, 2026 | — |
| Average Month-End Occupancy of Operating Portfolio | 95.6% | Q2 2026 | — |
| AVERAGE OCCUPANCY | 97.1% | Six Months Ended June 30, 2026 | — |
| Cash dividend per share | $1.55 | Q2 2026 | — |
| Consecutive years dividend increased or maintained | 33 | Q2 2026 | — |
| Debt-to-EBITDAre ratio non-GAAP | 3 | Six Months Ended June 30, 2026 | — |
| Debt-to-Total Market Capitalization | 12.9% | as of June 30, 2026 | — |
| Development and value-add program leased percentage | 22% | Q2 2026 | — |
| Development and value-add program markets | 12 | Q2 2026 | — |
| Development and Value-Add Program Percent Leased | 22% | as of July 21, 2026 | — |
| Development and Value-Add Program Projects | 17 | as of June 30, 2026 | — |
| Dividend Yield | 2.8% | as of July 21, 2026 | — |
| EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) non-GAAP | 300.18M | Six Months Ended June 30, 2026 | — |
| EBITDAre non-GAAP | $270.11M | Six Months Ended June 30, 2026 | — |
| FFO attributable to common stockholders, excluding gain on involuntary conversion and business i non-GAAP | $250.09M | Six Months Ended June 30, 2026 | — |
| FFO, Excluding Gain on Involuntary Conversion and Business Interruption Claims, per Diluted Shar non-GAAP | $4.66 | Six Months Ended June 30, 2026 | — |
| Forward equity sale agreements shares | 788,321 | Q2 2026 | — |
| Forward equity sale agreements weighted average forward price | $203.15 | Q2 2026 | — |
| FUNDS FROM OPERATIONS (FFO) ATTRIBUTABLE TO COMMON STOCKHOLDERS non-GAAP | 252.04M | Six Months Ended June 30, 2026 | — |
| Funds from Operations (FFO) per Diluted Share non-GAAP | $4.7 | Six Months Ended June 30, 2026 | — |
| Funds from Operations (“FFO”), Excluding Gain on Involuntary Conversion and Business Interruptio non-GAAP | $2.36 | Q2 2026 | — |
| Interest and fixed charge coverage ratio non-GAAP | 14.9 | Six Months Ended June 30, 2026 | — |
| OCCUPANCY AS OF PERIOD END | 96.9% | Six Months Ended June 30, 2026 | — |
| Operating Portfolio Leased | 96.8% | as of June 30, 2026 | — |
| Operating Portfolio Occupied | 95.6% | as of June 30, 2026 | — |
| Percentage Leased | 96.8% | Q2 2026 | — |
| Percentage Occupied | 95.6% | Q2 2026 | — |
| PNOI, EXCLUDING INCOME FROM LEASE TERMINATIONS (CASH BASIS) non-GAAP | 261.14M | Six Months Ended June 30, 2026 | — |
| PNOI, EXCLUDING INCOME FROM LEASE TERMINATIONS (STRAIGHT-LINE BASIS) non-GAAP | 266.65M | Six Months Ended June 30, 2026 | — |
| Portfolio square feet | 65.8M | Q2 2026 | — |
| Pro Forma EBITDAre non-GAAP | $135.1M | Quarter Ended June 30, 2026 | — |
| Projected stabilized yield | 9.4% | six months ended June 30, 2026 | — |
| Projected stabilized yield, excluding redevelopment project | 7.6% | six months ended June 30, 2026 | — |
| Projects transferred to operating portfolio leased percentage | 100% | Q2 2026 | — |
| Projects transferred to operating portfolio square feet | 669,000 | Q2 2026 | — |
| Property Net Operating Income (PNOI) non-GAAP | $282.94M | Six Months Ended June 30, 2026 | — |
| Rental Rate Change (Cash Basis) - Total Leases Signed | 19.3% | Six Months Ended June 30, 2026 | — |
| Rental Rates on New and Renewal Leases (Straight-Line Basis) | 35.2% | Six Months Ended June 30, 2026 | — |
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| Same PNOI (Straight-Line Basis) non-GAAP | $266.74M | Six Months Ended June 30, 2026 | — |
| Same PNOI, Excluding Income from Lease Terminations (Cash Basis) non-GAAP | 8.8% | Six Months Ended June 30, 2026 | — |
| Same PNOI, Excluding Income from Lease Terminations (Straight-Line Basis) non-GAAP | 6.8% | Six Months Ended June 30, 2026 | — |
| Same Property Pool Square Feet | 58,269,000 | as of June 30, 2026 | — |
| Shares available for settlement | 1,040,457 | Q2 2026 | — |
| SQUARE FEET AS OF PERIOD END | 58.27M | Six Months Ended June 30, 2026 | — |
| Total Projects Transferred cumulative cost | $128.83M | six months ended June 30, 2026 | — |
| Total Projects Transferred leased percentage | 95% | six months ended June 30, 2026 | — |
| Total Projects Transferred square feet | 1,231,000 | six months ended June 30, 2026 | — |
| Weighted Average Retention | 78.5% | Six Months Ended June 30, 2026 | — |
| Average Occupancy of Operating Portfolio | 96.1% | Q1 2026 | — |
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| Rental Rates on New and Renewal Leases (straight-line) | 36.8% | Q1 2026 | — |
| Same Property Net Operating Income, Excluding Income From Lease Terminations (cash basis) non-GAAP | 9.2% | Q1 2026 | — |
| Same Property Net Operating Income, Excluding Income From Lease Terminations (straight-line) non-GAAP | 7.5% | Q1 2026 | — |
| Same Property Net Operating Income for the Same Property Pool, Excluding Income From Lease Termi non-GAAP | 6.7% | Twelve Months Ended December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Industrial — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
EGP
this stock
Eastgroup Properties Inc
|
$10.85B | +13.6% | +12.7% | 35.4 | 4.4% |
|
PLD
Prologis, Inc.
|
$131.04B | +10.7% | +7.2% | 35.4 | 1.9% |
|
PSA
Public Storage
|
$57.21B | +25.3% | +2.7% | 31.1 | 3.2% |
|
EXR
Extra Space Storage Inc.
|
$31.34B | +13.6% | +3.7% | 32.8 | 2.2% |
|
LINE
Lineage, Inc.
|
$9.51B | +19.3% | +0.3% | — | 2.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| EGP | -0.6% | -6.5% | +3.8% | -3.2% | +13.6% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -0.1% | -9.4% | -7.8% | -6.2% | +0.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.