Easterly Government Properties (NYSE:DEA) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Easterly Government Properties (NYSE:DEA) had its target price upped by Royal Bank Of Canada from $21.00 to $22.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an “underperform” rating on the real estate investment trust’s stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 5.54% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Truist Financial decreased 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 report on Monday, November 24th. Weiss Ratings lowered shares of Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Finally, Wall Street Zen raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Easterly Government Properties has an average rating of “Hold” and an average price target of $24.99.

Easterly Government Properties Trading Down 1.2%

Shares of DEA opened at $23.29 on Monday. 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 52-week low of $19.33 and a 52-week high of $28.74. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 83.18 and a beta of 0.96. The business’s fifty day moving average is $22.96 and its 200-day moving average is $22.43.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share 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 business had revenue of $87.04 million for the quarter, compared to the consensus estimate of $87.73 million. During the same quarter in the prior year, the company earned $0.29 earnings per share. Easterly Government Properties’s quarterly revenue was up 11.1% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. Equities analysts anticipate that Easterly Government Properties will post 1.17 EPS for the current fiscal year.

Institutional Trading of Easterly Government Properties

Several institutional investors have recently modified their holdings of DEA. EverSource Wealth Advisors LLC raised 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 purchasing an additional 772 shares during the last quarter. Parallel Advisors LLC increased its stake in shares of 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 bought a new position in shares of Easterly Government Properties during the fourth quarter worth about $34,000. Allworth Financial LP raised its position 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 worth $39,000 after acquiring an additional 1,229 shares during the last quarter. Finally, US Bancorp DE lifted its stake in shares of 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 acquiring an additional 1,237 shares during the period. Institutional investors own 86.51% of the company’s stock.

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.