Easterly Government Properties (DEA) Expected to Announce Quarterly Earnings on Tuesday

Easterly Government Properties (NYSE:DEA - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $80.67 million for the quarter. Easterly Government Properties has set its FY 2025 guidance at 1.180-1.210 EPS and its FY25 guidance at $1.18 to $1.21 EPS.

Easterly Government Properties (NYSE:DEA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.54. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The business had revenue of $78.25 million for the quarter, compared to analysts' expectations of $79.49 million. During the same period last year, the business earned $0.70 earnings per share. The business's quarterly revenue was up 7.8% on a year-over-year basis. On average, analysts expect Easterly Government Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Easterly Government Properties Price Performance

NYSE DEA traded down $0.03 on Friday, reaching $8.16. 1,349,782 shares of the company's stock traded hands, compared to its average volume of 1,182,873. Easterly Government Properties has a 12 month low of $7.79 and a 12 month high of $14.53. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.01 and a quick ratio of 4.01. The stock has a 50-day simple moving average of $24.96 and a 200 day simple moving average of $28.36. The stock has a market cap of $881.04 million, a PE ratio of 45.33 and a beta of 0.87.

Easterly Government Properties shares are set to reverse split before the market opens on Monday, April 28th. The 2-5 reverse split was announced on Wednesday, April 9th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, April 25th.

Easterly Government Properties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th were issued a $0.6625 dividend. This is a boost from Easterly Government Properties's previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, March 5th. This represents a $2.65 annualized dividend and a dividend yield of 32.48%. Easterly Government Properties's dividend payout ratio (DPR) is currently 378.95%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on DEA shares. Jefferies Financial Group started coverage on shares of Easterly Government Properties in a report on Monday, March 17th. They issued a "buy" rating and a $32.50 target price on the stock. StockNews.com upgraded shares of Easterly Government Properties from a "sell" rating to a "hold" rating in a report on Tuesday, March 4th. Compass Point restated a "neutral" rating and issued a $23.75 target price (down previously from $37.50) on shares of Easterly Government Properties in a report on Thursday, April 10th. Finally, Royal Bank of Canada cut their target price on shares of Easterly Government Properties from $30.00 to $27.50 and set an "underperform" rating on the stock in a report on Monday, March 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $29.06.

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.