Easterly Government Properties (DEA) Set to Announce Earnings on Tuesday

Easterly Government Properties (NYSE:DEA) will post its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect Easterly Government Properties to post earnings of $0.28 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Easterly Government Properties Stock Performance

Shares of Easterly Government Properties stock opened at $11.69 on Monday. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 61.53 and a beta of 0.67. The stock’s 50-day moving average is $11.53 and its 200-day moving average is $11.97. Easterly Government Properties has a one year low of $10.27 and a one year high of $15.21. The company has a debt-to-equity ratio of 0.92, a current ratio of 4.65 and a quick ratio of 4.65.

Easterly Government Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Thursday, May 9th will be issued a $0.265 dividend. The ex-dividend date of this dividend is Wednesday, May 8th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.07%. Easterly Government Properties’s dividend payout ratio (DPR) is 557.92%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, April 3rd.

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.