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EGPNYSE
EASTGROUP PROPERTIES INC
Real Estate Investment Trusts · MD · CIK 49600
Develops, acquires, and operates industrial distribution properties in high-growth US markets
$11.04B
Market cap
$207.00
Last close
-0.1%
1D
+1.9%
5D
315K
Volume
Price · last 39 sessions+4.4%
May 4L $194.83 · H $207.29Jun 29
269
Total filings
May 26, 2026
Last filing
12/31
Fiscal year end
Insider Activity
In the 90 days to Nov 5, 2025: 1 sold $350K.
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| Nov 5, 2025 | Dunbar Richard ReidExecutive Vice President | Sell | 2,000 | $175.00 | $350K |
Open-market buys & sells (Form 4, transaction codes P/S). Source: SEC structured insider data.
What Changed
Risk factors · Feb 12, 2025 → Feb 11, 20265 added · 82 removed between the two most recent 10-Ks. The risks a company starts — or stops — disclosing are often the story.
Newly disclosed
- Women constitute 29% of our Board of Directors, and one of the seven directors self-identified as a member of a racial or ethnic minority group. • Employee Tenure: We believe our culture supports our employees and creates a positive, professional environment that encourages longevity for our team members.
- Of the employees hired during the year ended December 31, 2025, 78% were women and 22% self-identified as members of a racial or ethnic minority group.
- Unless otherwise noted, the human capital metrics and initiatives described below reflect our full-time employee base as of December 31, 2025.
- Our employee base is comprised of 73% women and 27% men, and 13% of our employees self-identified as members of a racial or ethnic minority group.
- We conduct biennial employee engagement surveys and use the results as part of our efforts to enhance workplace culture, performance and employee experience.
No longer disclosed
- Federal Income Tax Considerations The following discussion supplements and updates the disclosures under “Certain United States Federal Income Tax Considerations” in the prospectus dated December 16, 2022, contained in our Registration Statement on Form S-3 filed with the 8 SEC on December 16, 2022.
- In the near term, the Company funds its development and acquisition programs through its $675,000,000 unsecured bank credit facilities, as discussed under the heading Liquidity and Capital Resources in Part II, Item 7 of this Annual Report on Form 10-K.
- (ii) The withholding rules under FIRPTA will apply to a distribution paid by us in excess of a non-U.S. stockholder’s adjusted basis in our stock, unless the interest in our stock is not a U.S. real property interest (for example, because we are a domestically controlled qualified investment entity) or the distribution is paid to a “withholding qualified holder.” A “withholding qualified holder” means a qualified holder (as defined below) and a foreign partnership all of the interests of which are held by qualified holders, including through one or more partnerships.
- During 2024, EastGroup increased its holdings in real estate properties through its acquisition and development programs.
- The Company posts to its website all of the reports it files or furnishes with the Securities and Exchange Commission (the “SEC”) pursuant to the Exchange Act, including its annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and the exhibits and amendments to those reports, as soon as reasonably practicable after it electronically files or furnishes such materials to the SEC.
- The Company intends to disclose on its website any amendment to, or waiver of, any provision of this code of business conduct and ethics applicable to the Company’s directors and executive officers that would otherwise be required to be disclosed under the rules of the SEC or the New York Stock Exchange.
- We are providing our website address solely for the information of investors, and the information on our website is not a part of or incorporated by reference into this annual report on Form 10-K or our other filings with the SEC.
- EastGroup is focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States, primarily in the states of Texas, Florida, California, Arizona and North Carolina.
- As of December 31, 2024 , EastGroup’s operating portfolio was 97.1% leased to tenants in approximately 1,600 leases, with no single tenant accounting for more than approximately 1.6% of the Company’s annualized based rent (as defined in Item 2. 5 Properties ) for the year ended December 31, 2024 .
- Also during 2024, the Company began construction of 10 development projects containing 1,585,000 square feet and transferred seven projects, which contain 1,519,000 square feet and had costs of $199,971,000 at the date of transfer, from its development and value-add program to real estate properties.
- within this Annual Report on Form 10-K for the year ended December 31, 2024.
- During 2024, EastGroup sold a group of operating properties in the Jackson, Mississippi market, containing 159,000 square feet and disposed of 5.4 acres of land in two markets, generating gross sales proceeds of $18,311,000.
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