Easterly Government Properties (NYSE:DEA) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Easterly Government Properties (NYSE:DEA) from a sell rating to a hold rating in a report published on Saturday.

Several other brokerages also recently commented on DEA. Truist Financial lowered their target price on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a report on Monday, November 24th. Compass Point set a $26.45 target price on shares of Easterly Government Properties and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Weiss Ratings raised Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, December 29th. Finally, New Street Research set a $20.00 price target on Easterly Government Properties in a research report on Monday, October 13th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $24.99.

Easterly Government Properties Stock Performance

Shares of Easterly Government Properties stock opened at $22.36 on Friday. The company has a market cap of $1.03 billion, a PE ratio of 73.30 and a beta of 0.96. Easterly Government Properties has a 52 week low of $19.33 and a 52 week high of $29.74. The business has a 50 day moving average price of $21.58 and a 200-day moving average price of $22.19. The company has a quick ratio of 3.47, a current ratio of 3.47 and a debt-to-equity ratio of 1.18.

Easterly Government Properties (NYSE:DEA) last announced its earnings results 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. The company had revenue of $86.15 million for the quarter, compared to analysts’ expectations of $84.82 million. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.Easterly Government Properties’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.30 earnings per share. 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. Equities analysts anticipate that Easterly Government Properties will post 1.17 earnings per share for the current fiscal year.

Easterly Government Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Investors 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 annualized dividend and a yield of 8.1%. Easterly Government Properties’s dividend payout ratio is presently 600.00%.

Institutional Trading of Easterly Government Properties

Several hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in shares of Easterly Government Properties by 197.5% during the 1st quarter. AQR Capital Management LLC now owns 95,596 shares of the real estate investment trust’s stock valued at $1,013,000 after buying an additional 63,463 shares during the last quarter. Millennium Management LLC lifted its holdings in Easterly Government Properties by 1,759.2% during the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock valued at $10,602,000 after purchasing an additional 946,381 shares during the last quarter. NewEdge Advisors LLC boosted its position in Easterly Government Properties by 12,846.9% during the first quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 10,406 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Easterly Government Properties by 1.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 714,042 shares of the real estate investment trust’s stock worth $7,569,000 after purchasing an additional 7,785 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of Easterly Government Properties by 271.5% in the first quarter. Jane Street Group LLC now owns 115,677 shares of the real estate investment trust’s stock worth $1,226,000 after purchasing an additional 84,536 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors.

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.