Wall Street Zen Upgrades Easterly Government Properties (NYSE:DEA) to “Hold”

Easterly Government Properties (NYSE:DEA) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets reaffirmed a “market perform” rating and set a $27.00 price target (up from $25.00) on shares of Easterly Government Properties in a research note on Monday, August 3rd. Citigroup reissued a “neutral” rating and issued a $25.00 price objective (up from $23.00) on shares of Easterly Government Properties in a research note on Friday. Finally, Weiss Ratings raised Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $24.07.

Easterly Government Properties Stock Performance

NYSE:DEA opened at $24.93 on Friday. The stock has a market cap of $1.18 billion, a P/E ratio of 118.74 and a beta of 0.96. The company has a current ratio of 3.88, a quick ratio of 3.88 and a debt-to-equity ratio of 1.26. The stock’s 50-day moving average is $24.58 and its 200-day moving average is $23.60. Easterly Government Properties has a 1-year low of $20.56 and a 1-year high of $25.96.

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

Institutional Trading of Easterly Government Properties

Several institutional investors and hedge funds have recently modified their holdings of DEA. EverSource Wealth Advisors LLC boosted its holdings in Easterly Government Properties by 215.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 772 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Easterly Government Properties by 318.2% in the third quarter. Parallel Advisors LLC now owns 1,334 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 1,015 shares during the last quarter. Colonial Trust Co SC purchased a new stake in shares of Easterly Government Properties in the fourth quarter valued at about $34,000. US Bancorp DE lifted its position in shares of Easterly Government Properties by 237.9% during the third quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 1,237 shares in the last quarter. Finally, Danske Bank A S purchased a new position in Easterly Government Properties during the fourth quarter worth about $44,000. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Company Profile

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.