---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-21-000115"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2021-10-26T23:59:59+00:00"
generated_at: "2026-06-28T18:11:48.229664+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EastGroup Q3 FFO $1.55/share (+14% YoY); dividend raised 13.9% to $0.90

## Summary
- Net income $0.76 diluted EPS vs $0.62 a year ago; FFO $1.55 per share, up 14.0% YoY.
- Same property NOI (ex-lease terminations) up 5.2% cash, 6.9% straight-line; portfolio 98.8% leased.
- Rental rates on new/renewal leases increased 37.4% straight-line; acquired 661K sq ft for $95M.
- Dividend raised 13.9% to $0.90/share (167th consecutive); refinanced $100M term loan at 2.10%.
- Started 9 developments (1.31M sq ft, $153M total); issued 279K shares via ATM for $49M net.

## SEC filing metadata
- accession: 0000049600-21-000115
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2021-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960021000115/0000049600-21-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960021000115/egp-20211026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-21-000115
- JSON: https://secwatch.observer/filing/0000049600-21-000115.json
- Plain text: https://secwatch.observer/filing/0000049600-21-000115.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.