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

Easterly Government Properties, Inc. (NYSE:DEA) has earned a consensus recommendation of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $23.49.

Several research firms recently weighed in on DEA. Weiss Ratings raised Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, March 6th. Truist Financial cut their price target on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Royal Bank Of Canada upped their price objective on Easterly Government Properties from $21.00 to $22.00 and gave the company an “underperform” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th.

Institutional Investors Weigh In On Easterly Government Properties

A number of institutional investors have recently made changes to their positions in DEA. EverSource Wealth Advisors LLC raised its position 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 acquiring an additional 772 shares during the last quarter. Parallel Advisors LLC increased its position in Easterly Government Properties by 318.2% during the 3rd 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 period. Colonial Trust Co SC bought a new position in Easterly Government Properties during the 4th quarter worth approximately $34,000. US Bancorp DE lifted its position 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 worth $40,000 after purchasing an additional 1,237 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of Easterly Government Properties by 223.9% in the 2nd 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 during the last quarter. Institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Down 1.8%

DEA stock opened at $21.78 on Monday. The firm has a 50-day moving average price of $23.16 and a 200-day moving average price of $22.41. Easterly Government Properties has a 12 month low of $19.33 and a 12 month high of $26.72. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $1.01 billion, a P/E ratio of 77.77 and a beta of 0.96.

Easterly Government Properties (NYSE:DEA) last released its quarterly earnings data on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $87.04 million for the quarter, compared to analyst estimates of $87.73 million. During the same quarter in the prior year, the company earned $0.29 earnings per share. Easterly Government Properties’s revenue for the quarter 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. As a group, equities 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 disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date was Thursday, March 5th. Easterly Government Properties’s dividend payout ratio is presently 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.