Easterly Government Properties, Inc. (NYSE:DEA) Receives Average Rating of “Hold” from Analysts

Easterly Government Properties, Inc. (NYSE:DEA) has earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $24.9917.

A number of brokerages have issued reports on DEA. Weiss Ratings lowered shares of Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Royal Bank Of Canada lifted their price objective on shares of Easterly Government Properties from $21.00 to $22.00 and gave the company an “underperform” rating in a report on Monday. Truist Financial cut their target price on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. Finally, Wall Street Zen upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Saturday, January 10th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its stake in shares of Easterly Government Properties by 215.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 772 shares in the last quarter. Parallel Advisors LLC raised its holdings in Easterly Government Properties by 318.2% in the third quarter. Parallel Advisors LLC now owns 1,334 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,015 shares during the period. Colonial Trust Co SC purchased a new position in Easterly Government Properties in the fourth quarter valued at approximately $34,000. Allworth Financial LP lifted its position in Easterly Government Properties by 223.9% during the second quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,229 shares in the last quarter. Finally, US Bancorp DE grew its stake in Easterly Government Properties by 237.9% during the third quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 1,237 shares during the period. 86.51% of the stock is owned by institutional investors and hedge funds.

Easterly Government Properties Stock Up 1.2%

Easterly Government Properties stock opened at $23.56 on Thursday. The company has a market capitalization of $1.09 billion, a PE ratio of 84.14 and a beta of 0.96. The company has a debt-to-equity ratio of 1.22, a quick ratio of 3.87 and a current ratio of 3.87. Easterly Government Properties has a fifty-two week low of $19.33 and a fifty-two week high of $28.74. The firm has a 50 day moving average price of $22.91 and a 200 day moving average price of $22.42.

Easterly Government Properties (NYSE:DEA) last released its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.67). Easterly Government Properties had a return on equity of 0.94% and a net margin of 3.87%.The firm had revenue of $87.04 million for the quarter, compared to analysts’ expectations of $87.73 million. During the same quarter in the prior year, the business earned $0.29 earnings per share. The company’s quarterly revenue was up 11.1% on a year-over-year basis. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. Research analysts expect that Easterly Government Properties will post 1.17 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Thursday, March 5th. Easterly Government Properties’s dividend payout ratio (DPR) is presently 642.86%.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.