EastGroup Properties, Inc. (EGP) SEC Filings & Earnings Calls

Interest rate exposure

“If the weighted average interest rate on the variable rate unsecured bank credit facilities, as shown above, changes by 10% or approximately 46 basis points, interest expense and cash flows would increase or decrease by approximately $912,000 annually.” · word for word

Economic uncertainty

“During the nine months ended September 30, 2026, economic uncertainty and stock market volatility continued due to a number of factors, including persistent inflation, interest rate uncertainty, concerns about tariffs, supply chain or trade disruptions and geopolitical conflict.” · word for word

Interest expense increased 25.1% YoY in Q3 2026, reflecting higher debt levels or rates.

“Interest expense was $9,617,000 for Q3 2026 vs $7,685,000 for Q3 2025, an increase of $1,932,000.”

Forward equity sale agreements of ~$486M could dilute existing shareholders if settled.

“Entered into Forward Equity Sale Agreements for Approximately $486 Million at an Initial Weighted Average Forward Price of $202.06 Per Share.” · word for word

Interest Rate Risk

“Interest expense recognized was $18,069,000 ($0.34 per diluted share) and $15,715,000 ($0.30 per diluted share) during the six months ended June 30, 2026 and 2025, respectively.” · word for word

Occupancy Decline

“EastGroup’s operating portfolio was 96.8% leased and 95.6% occupied as of June 30, 2026, compared to 97.1% and 96.0%, respectively, at June 30, 2025.” · word for word

Interest expense increase

“Interest expense was $8,990,000 ... an increase of $0.02 per diluted share”

Economic uncertainty and tariff risk

“During the three months ended March 31, 2026, economic uncertainty and stock market volatility continued due to a number of factors, including persistent inflation, interest rate uncertainty, concerns about tariffs, supply chain or trade disruptions and geopolitical conflict.” · word for word

Interest rate sensitivity

“higher interest rates increase the Company’s cost of doing business, such increased costs would not be passed through to tenants and could adversely affect the Company’s results of operations.” · word for word

Interest rate sensitivity

“The Company believes that its leadership structure allows the Board to provide effective oversight of the Company’s risk management function by receiving and discussing regular reports prepared by the Company’s senior management on areas of material risk to the Company, including market conditions; tenant concentrations and credit worthiness; leasing activit” · word for word

Inflation and tariff impact on construction costs

“Tariffs on construction materials, equipment or component parts, or supply-chain disruptions associated with trade policy changes, could further increase development and redevelopment costs or delay project timelines.” · word for word

Interest rate sensitivity

“Rising interest rates would result in increased expense, thereby adversely affecting cash flow and our ability to service our indebtedness and pay dividends.” · word for word

Tenant concentration risk

“no single 5 tenant accounting for more than approximately 1.5% of the Company’s annualized base rent” · word for word

Exposure to interest rate changes and development execution risk.

“Closed $250 Million Senior Unsecured Term Loans With a Weighted Average Effectively Fixed Interest Rate of 4.13%” · word for word

Key person transition risk as CFO Brent Wood moves to COO and new CFO Staci Tyler takes over; however, internal promotions mitigate disruption.

“CFO Brent Wood, with nearly 30-year tenure, transitions to COO; Staci Tyler, 18-year veteran, becomes CFO.”

Potential dilution from future ATM issuances; no immediate capital raise.

“ATM agreement filed; no shares sold yet.”

Increased leverage from new $250M term loan; interest rate risk mitigated by swaps.

“New $250M unsecured term loans with fixed rate 4.15% via interest rate swaps.”