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

Easterly Government Properties, Inc. (NYSE:DEA) has received a consensus recommendation of “Hold” from the six research firms that are presently covering the company, MarketBeat.com reports. Two equities research 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 12-month price objective among analysts that have issued ratings on the stock in the last year is $24.9917.

DEA has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of Easterly Government Properties in a research report on Monday. Compass Point set a $26.45 price target on shares of Easterly Government Properties and gave the stock a “buy” rating in a research note on Wednesday, October 15th. New Street Research set a $20.00 price target on shares of Easterly Government Properties in a report on Monday, October 13th. Finally, Truist Financial reduced their price objective 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.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Millennium Management LLC raised its position in shares of Easterly Government Properties by 1,759.2% during the 1st quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock worth $10,602,000 after acquiring an additional 946,381 shares in the last quarter. Nuveen LLC purchased a new position in Easterly Government Properties in the first quarter valued at approximately $7,487,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Easterly Government Properties by 25.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,339,515 shares of the real estate investment trust’s stock worth $24,799,000 after purchasing an additional 478,037 shares in the last quarter. Cubist Systematic Strategies LLC raised its holdings in Easterly Government Properties by 61.0% during the first quarter. Cubist Systematic Strategies LLC now owns 728,311 shares of the real estate investment trust’s stock worth $7,720,000 after purchasing an additional 275,824 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. purchased a new stake in shares of Easterly Government Properties during the 2nd quarter worth approximately $5,179,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Stock Performance

NYSE:DEA opened at $21.46 on Friday. Easterly Government Properties has a 52 week low of $19.33 and a 52 week high of $29.74. The company has a fifty day simple moving average of $21.71 and a two-hundred day simple moving average of $22.32. The company has a quick ratio of 3.47, a current ratio of 3.47 and a debt-to-equity ratio of 1.18. The company has a market cap of $989.52 million, a price-to-earnings ratio of 70.36 and a beta of 0.96.

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

Easterly Government Properties Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Friday, November 7th were paid a $0.45 dividend. The ex-dividend date was Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a yield of 8.4%. Easterly Government Properties’s dividend payout ratio (DPR) is currently 600.00%.

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.