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

Key Points

• Easterly Government Properties (DEA) is set to announce its Q2 2025 earnings on August 5th, with analysts projecting earnings of $0.73 per share and revenue of $81.73 million.
• The company recently cut its dividend to $0.45 per share, which reflects an 8.92% yield but also indicates a high dividend payout ratio of 171.43%.
• Easterly Government Properties' stock has faced a downturn, currently priced at $22.49, with a consensus rating of "Hold" and analysts suggesting a price target of $27.15.

Easterly Government Properties (NYSE:DEA - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $81.73 million for the quarter.

Easterly Government Properties (NYSE:DEA - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.73 EPS for the quarter, meeting the consensus estimate of $0.73. The business had revenue of $78.68 million during the quarter, compared to analyst estimates of $80.67 million. Easterly Government Properties had a net margin of 5.86% and a return on equity of 1.30%. The company's quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.29 earnings per share. 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 Stock Down 0.9%

Shares of DEA stock traded down $0.19 during mid-day trading on Friday, hitting $21.81. 178,310 shares of the stock traded hands, compared to its average volume of 591,625. The stock has a market cap of $979.38 million, a P/E ratio of 51.91 and a beta of 0.94. The stock's fifty day moving average is $22.54 and its two-hundred day moving average is $24.10. Easterly Government Properties has a 52-week low of $19.33 and a 52-week high of $36.31. The company has a debt-to-equity ratio of 1.14, a current ratio of 4.90 and a quick ratio of 4.90.

Easterly Government Properties Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Wednesday, August 13th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Wednesday, August 13th. Easterly Government Properties's dividend payout ratio (DPR) is presently 171.43%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DEA. Compass Point reaffirmed a "neutral" rating and issued a $23.75 price objective (down from $37.50) on shares of Easterly Government Properties in a research report on Thursday, April 10th. BMO Capital Markets raised shares of Easterly Government Properties from a "strong sell" rating to a "hold" rating and set a $25.00 price objective for the company in a research report on Wednesday, July 16th. Wall Street Zen lowered shares of Easterly Government Properties from a "hold" rating to a "sell" rating in a research report on Friday, June 6th. Finally, Royal Bank Of Canada decreased their price objective on shares of Easterly Government Properties from $27.50 to $22.00 and set an "underperform" rating for the company in a research report on Monday, June 2nd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $27.15.

Hedge Funds Weigh In On Easterly Government Properties

A number of institutional investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Easterly Government Properties by 1.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 714,042 shares of the real estate investment trust's stock worth $7,569,000 after buying an additional 7,785 shares during the last quarter. NewEdge Advisors LLC raised its position in Easterly Government Properties by 12,846.9% during the 1st quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust's stock worth $111,000 after buying an additional 10,406 shares during the last quarter. Intech Investment Management LLC raised its position in Easterly Government Properties by 87.6% during the 1st quarter. Intech Investment Management LLC now owns 111,019 shares of the real estate investment trust's stock worth $1,177,000 after buying an additional 51,832 shares during the last quarter. AQR Capital Management LLC raised its position in Easterly Government Properties by 197.5% during the 1st quarter. AQR Capital Management LLC now owns 95,596 shares of the real estate investment trust's stock worth $1,013,000 after buying an additional 63,463 shares during the last quarter. Finally, Jane Street Group LLC raised its position in Easterly Government Properties by 271.5% during the 1st quarter. Jane Street Group LLC now owns 115,677 shares of the real estate investment trust's stock worth $1,226,000 after buying an additional 84,536 shares during the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

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.