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

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

A number of equities research analysts have commented on DEA shares. Weiss Ratings raised Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 6th. Wall Street Zen raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Truist Financial reduced their price objective on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. Finally, Royal Bank Of Canada raised 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.

Easterly Government Properties Trading Down 0.7%

NYSE DEA opened at $23.08 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.87 and a quick ratio of 3.87. Easterly Government Properties has a one year low of $19.33 and a one year high of $24.94. The business has a 50 day simple moving average of $22.77 and a 200 day simple moving average of $22.28. The stock has a market capitalization of $1.07 billion, a P/E ratio of 82.43 and a beta of 0.98.

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

Easterly Government Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend was Thursday, March 5th. Easterly Government Properties’s dividend payout ratio (DPR) is 642.86%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. boosted its position in shares of Easterly Government Properties by 1.2% during the fourth quarter. Franklin Resources Inc. now owns 39,660 shares of the real estate investment trust’s stock valued at $840,000 after buying an additional 471 shares during the last quarter. Arizona State Retirement System boosted its position in shares of Easterly Government Properties by 5.4% during the third quarter. Arizona State Retirement System now owns 12,623 shares of the real estate investment trust’s stock valued at $289,000 after buying an additional 651 shares during the last quarter. EverSource Wealth Advisors LLC boosted 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 valued at $25,000 after buying an additional 772 shares during the last quarter. Abundance Wealth Counselors boosted its position in shares of Easterly Government Properties by 2.3% during the third quarter. Abundance Wealth Counselors now owns 35,030 shares of the real estate investment trust’s stock valued at $803,000 after buying an additional 791 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its position in shares of Easterly Government Properties by 32.0% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,391 shares of the real estate investment trust’s stock valued at $72,000 after buying an additional 822 shares during the last quarter. Hedge funds and other 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.