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

Shares of Easterly Government Properties, Inc. (NYSE:DEA) have been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $26.4083.

Several analysts have recently weighed in on DEA shares. BMO Capital Markets raised Easterly Government Properties from a “strong sell” rating to a “hold” rating and set a $25.00 target price for the company in a report on Wednesday, July 16th. Compass Point set a $26.45 target price on Easterly Government Properties and gave the company a “buy” rating in a report on Wednesday, October 15th. Weiss Ratings reissued a “hold (c-)” rating on shares of Easterly Government Properties in a report on Wednesday, October 8th. Finally, New Street Research set a $20.00 target price on Easterly Government Properties in a report on Monday, October 13th.

Institutional Investors Weigh In On Easterly Government Properties

Institutional investors and hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings in shares of Easterly Government Properties by 215.6% in 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. Allworth Financial LP raised its holdings in shares of Easterly Government Properties by 223.9% in the second quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,229 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of Easterly Government Properties by 208.5% in the third quarter. Versant Capital Management Inc now owns 3,310 shares of the real estate investment trust’s stock valued at $76,000 after buying an additional 2,237 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Easterly Government Properties by 212.5% in the second quarter. Tower Research Capital LLC TRC now owns 9,131 shares of the real estate investment trust’s stock valued at $203,000 after buying an additional 6,209 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of Easterly Government Properties by 139.3% in the second quarter. CWM LLC now owns 9,968 shares of the real estate investment trust’s stock valued at $221,000 after buying an additional 5,802 shares during the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Stock Performance

Shares of DEA stock opened at $21.77 on Friday. The stock’s 50-day moving average is $22.58 and its two-hundred day moving average is $22.12. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.75 and a current ratio of 3.47. Easterly Government Properties has a 1 year low of $19.33 and a 1 year high of $34.90. The firm has a market cap of $987.13 million, a price-to-earnings ratio of 71.37 and a beta of 0.95.

Easterly Government Properties (NYSE:DEA) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share 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 $82.21 million during the quarter, compared to the consensus estimate of $84.82 million. During the same period in the previous year, the business earned $0.30 EPS. The business’s quarterly revenue was up 15.2% on a year-over-year basis. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. FY 2025 guidance at 2.980-3.020 EPS. Analysts predict that Easterly Government Properties will post 1.17 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Stockholders of record on Friday, November 7th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, November 7th. Easterly Government Properties’s dividend payout ratio is presently 439.02%.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S.