EastGroup Q3 FFO $2.45/share up 7.9%; raises 2026 development starts to $390M and dividend 12.9%

EASTGROUP PROPERTIES INC

2026-Q3 EPS reported $4.63 revenue$583,024,000

Q3 EPS $1.46 vs $1.26; FFO per diluted share $2.45 vs $2.27, up 7.9%, excluding involuntary conversion and business interruption gains.
Same Property NOI excluding lease terminations rose 5.3% straight-line and 7.1% cash; new/renewal rental rates increased 36.3% on average.
Operating portfolio was 97.3% leased and 96.5% occupied at Sept. 30; Q3 property NOI rose 10.1% to $147.9M.
Declared 187th consecutive quarterly dividend, up $0.20 (12.9%) to $1.75/share; entered ~$486M forward equity sales at initial weighted average $202.06/share.
Raised 2026 development starts to $390M and acquisition guidance to $360M; Q3 bought 531,000 sq ft +107 acres for ~$164M, post-quarter 1,031,000 sq ft for ~$262M.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.