Easterly Government Properties, Inc. (NYSE:DEA) Receives $24.99 Average PT from Brokerages

Easterly Government Properties, Inc. (NYSE:DEA) has received an average recommendation of “Hold” from the six analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $24.9917.

A number of equities analysts have commented on the company. Truist Financial decreased their target price on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a research note on Monday, November 24th. New Street Research set a $20.00 price objective on Easterly Government Properties in a research report on Monday, October 13th. Compass Point set a $26.45 price objective on Easterly Government Properties and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Weiss Ratings upgraded Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Saturday.

Hedge Funds Weigh In On Easterly Government Properties

Hedge funds and other institutional investors have recently made changes to their positions in the business. Nissay Asset Management Corp Japan ADV boosted its stake in Easterly Government Properties by 3.2% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 15,197 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 465 shares in the last quarter. Arizona State Retirement System lifted its holdings in Easterly Government Properties by 5.4% in the 3rd quarter. Arizona State Retirement System now owns 12,623 shares of the real estate investment trust’s stock valued at $289,000 after acquiring 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 2nd quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 772 shares in the last quarter. Abundance Wealth Counselors grew its stake in shares of Easterly Government Properties by 2.3% in the 3rd quarter. Abundance Wealth Counselors now owns 35,030 shares of the real estate investment trust’s stock worth $803,000 after purchasing an additional 791 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Easterly Government Properties by 0.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 104,660 shares of the real estate investment trust’s stock worth $2,400,000 after purchasing an additional 836 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Easterly Government Properties Stock Performance

Easterly Government Properties stock opened at $22.40 on Wednesday. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.47 and a quick ratio of 3.47. Easterly Government Properties has a 12 month low of $19.33 and a 12 month high of $29.74. The company has a fifty day moving average price of $21.62 and a two-hundred day moving average price of $22.20. The company has a market cap of $1.03 billion, a PE ratio of 73.44 and a beta of 0.96.

Easterly Government Properties (NYSE:DEA) last issued its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. Easterly Government Properties had a net margin of 4.24% and a return on equity of 1.00%. The company had revenue of $86.15 million for the quarter, compared to analysts’ expectations of $84.82 million. During the same period in the prior year, the company earned $0.30 earnings per share. The firm’s revenue 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. 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 announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Friday, November 7th were given a $0.45 dividend. The ex-dividend date was Friday, November 7th. This represents a $1.80 annualized dividend and a yield of 8.0%. Easterly Government Properties’s dividend payout ratio is 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.