Easterly Government Properties, Inc. (NYSE:DEA) Receives Average Recommendation of “Hold” from Brokerages

Shares of Easterly Government Properties, Inc. (NYSE:DEA) have received a consensus recommendation of “Hold” from the seven analysts that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $24.4929.

Several analysts have weighed in on the company. Weiss Ratings raised Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. BMO Capital Markets restated a “market perform” rating and issued a $27.00 target price (up from $25.00) on shares of Easterly Government Properties in a research note on Monday, August 3rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $27.00 price target on shares of Easterly Government Properties in a research note on Thursday, August 13th. Finally, Citigroup reiterated a “neutral” rating and issued a $25.00 price objective (up from $23.00) on shares of Easterly Government Properties in a report on Friday, August 7th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its stake in shares of 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 worth $25,000 after purchasing an additional 772 shares during the period. Parallel Advisors LLC boosted its stake in shares of Easterly Government Properties by 318.2% during the 3rd quarter. Parallel Advisors LLC now owns 1,334 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,015 shares during the last quarter. Colonial Trust Co SC bought a new stake in shares of Easterly Government Properties during the 4th quarter valued at $34,000. US Bancorp DE grew its position in shares of Easterly Government Properties by 237.9% during the 3rd quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 1,237 shares during the period. Finally, Danske Bank A S purchased a new stake in shares of Easterly Government Properties in the 4th quarter worth $44,000. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Trading Down 0.4%

NYSE DEA opened at $24.40 on Thursday. The stock’s 50-day simple moving average is $24.68 and its two-hundred day simple moving average is $23.67. Easterly Government Properties has a twelve month low of $20.56 and a twelve month high of $25.96. The company has a quick ratio of 3.88, a current ratio of 3.88 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 116.21 and a beta of 0.96.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. The business had revenue of $92.42 million during the quarter, compared to the consensus estimate of $90.94 million. Easterly Government Properties had a net margin of 2.86% and a return on equity of 0.75%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.74 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. Research analysts forecast that Easterly Government Properties will post 3.1 EPS for the current fiscal year.

Easterly Government Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Monday, August 10th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Monday, August 10th. Easterly Government Properties’s dividend payout ratio is 857.14%.

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.