Easterly Government Properties, Inc. (NYSE:DEA) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analysts maintain a “Hold” consensus on Easterly Government Properties, with four hold, two buy and one sell rating. The average 12-month price target is approximately $24.49, near the stock’s reported $24.40 opening price.
• The REIT matched quarterly EPS expectations at $0.06 and exceeded revenue estimates with $92.42 million, up 9.8% year over year. Management provided fiscal 2026 EPS guidance of $3.07–$3.13.
• Easterly declared a quarterly dividend of $0.45 per share, equating to $1.80 annually and a 7.4% yield; however, its reported dividend payout ratio is extremely high at 857.14%.

Easterly Government Properties, Inc. (NYSE:DEA - Get Free Report) has received a consensus rating of "Hold" from the seven ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $24.4929.

DEA has been the subject of a number of research analyst reports. Raymond James Financial reaffirmed an "outperform" rating and set a $27.00 price objective on shares of Easterly Government Properties in a research report on Thursday, August 13th. BMO Capital Markets reissued a "market perform" rating and set a $27.00 target price (up from $25.00) on shares of Easterly Government Properties in a report on Monday, August 3rd. Citigroup reaffirmed 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, August 7th. Weiss Ratings upgraded Easterly Government Properties from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, May 27th. Finally, Wall Street Zen raised shares of Easterly Government Properties from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th.

Easterly Government Properties Stock Performance

Shares of NYSE DEA opened at $24.40 on Thursday. The stock has a market capitalization of $1.15 billion, a PE ratio of 116.21 and a beta of 0.96. Easterly Government Properties has a 52 week low of $20.56 and a 52 week high of $25.96. The stock has a 50 day moving average price of $24.68 and a 200 day moving average price of $23.67. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.88 and a current ratio of 3.88.

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

Easterly Government Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Monday, August 10th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend 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%.

Institutional Trading of Easterly Government Properties

Hedge funds have recently bought and sold shares of the business. Millennium Management LLC boosted its holdings in Easterly Government Properties by 1,759.2% during the 1st quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust's stock worth $10,602,000 after acquiring an additional 946,381 shares during the last quarter. Pacer Advisors Inc. purchased a new position in shares of Easterly Government Properties during the 4th quarter valued at $8,409,000. Bank of New York Mellon Corp bought a new stake in shares of Easterly Government Properties in the second quarter valued at approximately $7,237,000. JPMorgan Chase & Co. raised its stake in shares of Easterly Government Properties by 92.4% during the 4th quarter. JPMorgan Chase & Co. now owns 488,303 shares of the real estate investment trust's stock valued at $10,347,000 after purchasing an additional 234,517 shares during the period. Finally, Vanguard Group Inc. grew its stake in Easterly Government Properties by 3.6% during the fourth quarter. Vanguard Group Inc. now owns 4,831,169 shares of the real estate investment trust's stock valued at $102,372,000 after acquiring an additional 167,092 shares in the last quarter. Institutional investors and hedge funds own 86.51% of the company's stock.

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.

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