Easterly Government Properties (DEA) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Easterly Government Properties in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" DEA shares.
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2 Wall Street analysts have issued 1 year price objectives for Easterly Government Properties' shares. Their DEA share price targets range from $13.00 to $14.00. On average, they predict the company's stock price to reach $13.50 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
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Easterly Government Properties' stock was trading at $13.44 at the start of the year. Since then, DEA stock has decreased by 15.7% and is now trading at $11.33.
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Easterly Government Properties saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,490,000 shares, an increase of 9.4% from the March 15th total of 3,190,000 shares. Based on an average daily volume of 985,000 shares, the short-interest ratio is presently 3.5 days.
View Easterly Government Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our DEA earnings forecast.

Easterly Government Properties will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Easterly Government Properties, Inc. (NYSE:DEA) posted its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.34 by $0.26. The real estate investment trust had revenue of $72.30 million for the quarter, compared to analyst estimates of $74.73 million. Easterly Government Properties had a net margin of 6.55% and a trailing twelve-month return on equity of 1.32%. Easterly Government Properties's quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.33 earnings per share.

Easterly Government Properties declared a quarterly dividend on Thursday, February 22nd. Investors of record on Wednesday, March 6th will be paid a dividend of $0.265 per share on Monday, March 18th. This represents a $1.06 annualized dividend and a yield of 9.36%. The ex-dividend date is Tuesday, March 5th.
Read our dividend analysis for DEA.

Easterly Government Properties (NYSE:DEA) pays an annual dividend of $1.06 per share and currently has a dividend yield of 9.51%. DEA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 557.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DEA will have a dividend payout ratio of 93.81% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DEA.

ETFs with the largest weight of Easterly Government Properties (NYSE:DEA) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY), Global X SuperDividend REIT ETF (SRET), U.S. Diversified Real Estate ETF (PPTY), GraniteShares HIPS US High Income ETF (HIPS), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), ALPS REIT Dividend Dogs ETF (RDOG), Global SuperDividend US ETF (DIV) and Hoya Capital High Dividend Yield ETF (RIET).

Easterly Government Properties updated its FY24 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of $1.14-$1.16 for the period, compared to the consensus earnings per share estimate of $1.11.

Based on aggregate information from My MarketBeat watchlists, some companies that other Easterly Government Properties investors own include Innovative Industrial Properties (IIPR), New Residential Investment (NRZ), AT&T (T), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), Iron Mountain (IRM), Medical Properties Trust (MPW), Starwood Property Trust (STWD), Pfizer (PFE) and Verizon Communications (VZ).

Easterly Government Properties (DEA) raised $180 million in an initial public offering (IPO) on Friday, February 6th 2015. The company issued 12,000,000 shares at $14.00-$16.00 per share. Citigroup, Raymond James and RBC Capital Markets acted as the underwriters for the IPO and Piper Jaffray, PNC Capital Markets and SunTrust Robinson Humphrey were co-managers.

Easterly Government Properties' stock is owned by a number of institutional and retail investors. Top institutional investors include Gilman Hill Asset Management LLC (0.75%), Aurora Investment Managers LLC. (0.20%), Barry Investment Advisors LLC (0.03%), BTC Capital Management Inc. (0.02%) and Sunbelt Securities Inc. (0.01%). Insiders that own company stock include Darrell W Crate, Darrell W Crate and William C Trimble.
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Shares of DEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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