Brokerages Set Easterly Government Properties, Inc. (NYSE:DEA) Price Target at $26.41

Easterly Government Properties, Inc. (NYSE:DEA) has received an average rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $24.9917.

A number of equities research analysts recently issued reports on DEA shares. New Street Research set a $20.00 target price on Easterly Government Properties in a research report on Monday, October 13th. Compass Point set a $26.45 price target on shares of Easterly Government Properties and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Truist Financial lowered their price objective on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a report on Monday. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Easterly Government Properties in a report on Wednesday, November 19th.

Institutional Trading of Easterly Government Properties

Several institutional investors and hedge funds have recently added to or reduced their stakes in DEA. Nissay Asset Management Corp Japan ADV increased its stake in shares of 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 worth $161,000 after purchasing an additional 465 shares during the period. Arizona State Retirement System increased its position in Easterly Government Properties by 5.4% during the 3rd quarter. Arizona State Retirement System now owns 12,623 shares of the real estate investment trust’s stock worth $289,000 after buying an additional 651 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Easterly Government Properties by 215.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock worth $25,000 after buying 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 third quarter. Abundance Wealth Counselors now owns 35,030 shares of the real estate investment trust’s stock valued at $803,000 after acquiring an additional 791 shares in the last quarter. Finally, MetLife Investment Management LLC increased its position in Easterly Government Properties by 1.4% during the first quarter. MetLife Investment Management LLC now owns 60,740 shares of the real estate investment trust’s stock worth $644,000 after acquiring an additional 812 shares during the period. 86.51% of the stock is owned by institutional investors.

Easterly Government Properties Trading Up 2.1%

Shares of NYSE:DEA opened at $21.74 on Tuesday. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 71.28 and a beta of 0.94. Easterly Government Properties has a 12 month low of $19.33 and a 12 month high of $31.77. The company’s fifty day simple moving average is $22.01 and its 200 day simple moving average is $22.26. 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 released its earnings results on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.76. The firm had revenue of $86.15 million during 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%.The company’s revenue was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 EPS. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. FY 2025 guidance at 2.980-3.020 EPS. As a group, research analysts forecast that Easterly Government Properties will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Investors of record on Friday, November 7th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 annualized dividend and a yield of 8.3%. Easterly Government Properties’s dividend payout ratio is 600.00%.

About Easterly Government Properties

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.