Easterly Government Properties, Inc. (NYSE:DEA) Given Average Recommendation of “Hold” by Brokerages

Easterly Government Properties, Inc. (NYSE:DEA) has received an average recommendation of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $24.9917.

DEA has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Easterly Government Properties in a report on Monday. Truist Financial dropped 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. New Street Research set a $20.00 target price on shares of Easterly Government Properties in a research report on Monday, October 13th. Finally, Compass Point set a $26.45 price target on Easterly Government Properties and gave the company a “buy” rating in a report on Wednesday, October 15th.

Easterly Government Properties Trading Down 0.5%

DEA opened at $22.15 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.47 and a current ratio of 3.47. The stock’s 50 day moving average price is $21.70 and its 200-day moving average price is $22.32. Easterly Government Properties has a one year low of $19.33 and a one year high of $29.74. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 72.62 and a beta of 0.96.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The company had revenue of $86.15 million during the quarter, compared to analysts’ expectations of $84.82 million. During the same quarter in the previous year, the business earned $0.30 EPS. Easterly Government Properties’s revenue was up 15.2% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS and its FY 2025 guidance at 2.980-3.020 EPS. On average, equities analysts forecast that Easterly Government Properties will post 1.17 EPS for the current year.

Easterly Government Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Friday, November 7th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.1%. Easterly Government Properties’s dividend payout ratio is presently 600.00%.

Institutional Trading of Easterly Government Properties

A number of hedge funds have recently added to or reduced their stakes in DEA. Vanguard Group Inc. grew its holdings in Easterly Government Properties by 0.6% in the first quarter. Vanguard Group Inc. now owns 11,221,717 shares of the real estate investment trust’s stock worth $118,950,000 after purchasing an additional 62,164 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Easterly Government Properties by 1.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,001,924 shares of the real estate investment trust’s stock worth $21,220,000 after buying an additional 26,596 shares during the last quarter. Swiss National Bank increased its position in Easterly Government Properties by 1.6% during the 1st quarter. Swiss National Bank now owns 194,410 shares of the real estate investment trust’s stock valued at $2,061,000 after buying an additional 3,100 shares in the last quarter. Invesco Ltd. increased its position in Easterly Government Properties by 2.9% during the 1st quarter. Invesco Ltd. now owns 2,116,599 shares of the real estate investment trust’s stock valued at $22,436,000 after buying an additional 60,351 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in Easterly Government Properties in the first quarter valued at about $7,487,000. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S.