EASTGROUP PROPERTIES INC
Close on Oct 19, 2026
- Market cap
- $10.58B
- P/E (TTM)
- 34.5
- Dividend yield
- 3.00%
About Eastgroup Properties
Real Estate Investment Trusts, SIC 6798
EastGroup Properties, Inc. is an internally-managed real estate investment trust focused on developing, acquiring, and operating industrial distribution facilities. The company primarily targets functional and flexible business distribution properties situated in supply-constrained submarkets near major transportation infrastructure. Its portfolio is categorized into business distribution, bulk distribution, and business service properties. EastGroup leases these facilities to location-sensitive commercial tenants typically seeking spaces ranging from 20,000 to 100,000 square feet across various industries.
As of December 31, 2025, the company owned 550 industrial properties totaling approximately 65 million square feet across 12 U.S. states, with major concentrations in Texas, Florida, California, Arizona, and North Carolina. Its largest regional markets include Houston and Dallas. EastGroup maintains its corporate headquarters and principal executive office in Ridgeland, Mississippi, supported by regional and asset management offices across several southern and western states.
Summary of the business section of Eastgroup Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- EASTGROUP PROPERTIES INC
- Founded
- 1969
- Headquarters
- Ridgeland, MS
- Address
- 400 W. Parkway Place, Suite 100 39157
- Phone
- (601) 354-3555
- Website
- eastgroup.net
- Employees
- 103, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Chicago, IL
Stock & identifiers
- Ticker
- EGP
- Exchange
- NYSE
- Shares outstanding
- 54M, Jul 21, 2026
- Public float
- $8.72B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Apr 8, 1997
- SEC CIK
- 49600
- CUSIP
- 277276101
- ISIN
- US2772761019
- LEI
- 31TIGQQZC4P6JMHKSW85
- EIN
- 13-2711135
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Marshall A. Loeb | Chief Executive Officer, Director | 168,212 |
| Todd A. Johnson | Executive Vice President | 2,997 |
| James J. Traynor | EXECUTIVE VICE PRESIDENT | 1,612 |
| John F. Coleman | Executive Vice President | 101,489 |
| Brent Wood | Executive Vice President & COO | 121,342 |
| Richard Reid Dunbar | President | 26,038 |
| Staci H. Tyler | Executive Vice President, CFO | 15,309 |
| Michelle Rayner | Senior Vice President, CAO | 5,180 |
| Ryan M. Collins | Executive Vice President | 22,305 |
| David Michael Fields | Director | 3,531 |
| Donald F. Colleran | Director | 7,963 |
| Mary E. McCormick | Director | 24,841 |
| Pamela Shelley-Kessler | Director | 929 |
| D. Pike Aloian | Director | 36,216 |
| H. Eric Bolton Jr | Director | 16,316 |
| Katherine M. Sandstrom | Director | 4,611 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Marshall A. Loeb, serving as Chief Executive Officer, President, and Director | $9.44M | $12.19M | $2.58M | $149 | $138 |
| FY2024 Marshall A. Loeb, serving as Chief Executive Officer, President, and Director | $7.12M | $3.20M | $2.19M | $138 | $123 |
| FY2023 Marshall A. Loeb, serving as Chief Executive Officer, President, and Director | $6.89M | $11.32M | $2.28M | $154 | $113 |
| FY2022 Marshall A. Loeb, serving as Chief Executive Officer, President, and Director | $5.47M | -$36.47K | $1.88M | $120 | $100 |
| FY2021 Marshall A. Loeb, serving as Chief Executive Officer, President, and Director | $5.40M | $14.23M | $1.68M | $180 | $132 |
| FY2020 Marshall A. Loeb, Chief Executive Officer, President and Director | $4.67M | $5.69M | $1.62M | $107 | $92 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“• Workforce Diversity: As of December 31, 2025, we employed 103 full-time team members and one temporary employee, across 16 locations in Texas, Florida, California, Arizona, North Carolina, Nevada, Georgia, Mississippi and South Carolina.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 11, 2008 | Delisting | Notice of delisting from exchange (Form 25) |
| Jul 3, 2003 | Delisting | Notice of delisting from exchange (Form 25) |
| Jun 6, 2003 | Listing | Registration of securities on an exchange (Form 8-A) |
| Dec 9, 1998 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 15, 1998 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 24, 1997 | Name change | Name changed from EASTGROUP PROPERTIES II INC to EASTGROUP PROPERTIES INC |
| Apr 4, 1997 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Feb 5, 1997 | Name change | Name changed from EASTGROUP PROPERTIES to EASTGROUP PROPERTIES II INC |
| Mar 20, 1996 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 22, 1995 | Merger | Registration of securities for a merger or exchange offer (S-4) |