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

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

Several equities analysts recently issued reports on the company. Truist Financial cut their target price on 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. Wall Street Zen upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, Weiss Ratings lowered Easterly Government Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 20th.

Institutional Trading of Easterly Government Properties

Large investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings in shares of Easterly Government Properties by 215.6% during the second 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 boosted 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 purchasing an additional 1,015 shares during the last quarter. Colonial Trust Co SC acquired a new stake in Easterly Government Properties during the 4th quarter worth about $34,000. Allworth Financial LP raised its stake in shares of Easterly Government Properties by 223.9% during the 2nd 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 during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Easterly Government Properties by 237.9% in the 3rd quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 1,237 shares during the period. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Trading Down 0.1%

Easterly Government Properties stock opened at $23.37 on Thursday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 3.47 and a current ratio of 3.87. The stock has a market cap of $1.08 billion, a PE ratio of 83.48 and a beta of 0.96. The stock has a 50-day moving average of $22.80 and a two-hundred day moving average of $22.39. Easterly Government Properties has a one year low of $19.33 and a one year high of $28.74.

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

Easterly Government Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, March 5th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 7.7%. The ex-dividend date is Thursday, March 5th. Easterly Government Properties’s dividend payout ratio is 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.