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

Shares of Easterly Government Properties, Inc. (NYSE:DEA) have received a consensus rating of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has 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 $23.49.

A number of analysts have issued reports on DEA shares. Truist Financial decreased their price target on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Royal Bank Of Canada lifted their price target on Easterly Government Properties from $21.00 to $22.00 and gave the stock an “underperform” rating in a report on Monday, March 2nd. Weiss Ratings upgraded Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 6th. Finally, Wall Street Zen raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DEA. Franklin Resources Inc. lifted its stake in Easterly Government Properties by 1.2% in the 4th 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 in the last quarter. Arizona State Retirement System lifted its stake 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 buying an additional 651 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Easterly Government Properties by 215.6% in 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 buying an additional 772 shares in the last quarter. Abundance Wealth Counselors lifted its stake in shares of Easterly Government Properties by 2.3% during 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 period. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Easterly Government Properties by 5.3% during the 4th quarter. Daiwa Securities Group Inc. now owns 16,427 shares of the real estate investment trust’s stock worth $348,000 after purchasing an additional 822 shares during the period. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Stock Down 0.3%

Shares of NYSE DEA opened at $23.35 on Friday. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 83.39 and a beta of 0.98. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.87 and a quick ratio of 3.87. The business has a 50-day moving average of $22.72 and a two-hundred day moving average of $22.29. Easterly Government Properties has a 1 year low of $19.33 and a 1 year high of $24.94.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.67). The business had revenue of $87.04 million for the quarter, compared to analysts’ expectations of $87.73 million. Easterly Government Properties had a return on equity of 0.94% and a net margin of 3.87%.The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $0.29 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. On average, analysts forecast that Easterly Government Properties will post 3.1 earnings per share for the current fiscal year.

Easterly Government Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $1.80 annualized dividend and a yield of 7.7%. Easterly Government Properties’s payout ratio is 642.86%.

About Easterly Government Properties

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.