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

Easterly Government Properties, Inc. (NYSE:DEA) has received a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $24.9917.

Several research firms recently issued reports on DEA. Compass Point set a $26.45 price target on shares of Easterly Government Properties and gave the company a “buy” rating in a report on Wednesday, October 15th. New Street Research set a $20.00 target price on shares of Easterly Government Properties in a research report on Monday, October 13th. Truist Financial reduced their price target on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a research report on Monday, November 24th. Finally, Weiss Ratings downgraded Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday.

Easterly Government Properties Stock Up 0.0%

Shares of NYSE DEA opened at $21.91 on Friday. The stock has a fifty day moving average price of $21.68 and a 200 day moving average price of $22.31. The company has a current ratio of 3.47, a quick ratio of 3.47 and a debt-to-equity ratio of 1.18. Easterly Government Properties has a 12-month low of $19.33 and a 12-month high of $29.88. The company has a market cap of $1.01 billion, a P/E ratio of 71.84 and a beta of 0.96.

Easterly Government Properties (NYSE:DEA) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. The business had revenue of $86.15 million for the quarter, compared to the consensus estimate of $84.82 million. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The company’s revenue was up 15.2% on a year-over-year basis. During the same period last year, the business posted $0.30 EPS. 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. Research analysts anticipate that Easterly Government Properties will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Friday, November 7th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 annualized dividend and a dividend yield of 8.2%. Easterly Government Properties’s dividend payout ratio (DPR) is 600.00%.

Institutional Investors Weigh In On Easterly Government Properties

Several large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its position in Easterly Government Properties by 215.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 772 shares during the period. Parallel Advisors LLC raised its stake in shares of Easterly Government Properties by 318.2% during the third quarter. Parallel Advisors LLC now owns 1,334 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 1,015 shares in the last quarter. Allworth Financial LP raised its stake in shares of 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 purchasing an additional 1,229 shares in the last quarter. US Bancorp DE lifted its holdings in Easterly Government Properties by 237.9% in the third quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 1,237 shares during the period. Finally, Advisory Services Network LLC bought a new position in Easterly Government Properties in the 3rd quarter valued at about $69,000. 86.51% of the stock is owned by institutional investors and hedge funds.

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.