Easterly Government Properties (NYSE:DEA) Releases FY 2025 Earnings Guidance

Easterly Government Properties (NYSE:DEA - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.180-1.210 for the period, compared to the consensus EPS estimate of 1.200. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Royal Bank of Canada cut their target price on shares of Easterly Government Properties from $12.00 to $11.00 and set an "underperform" rating on the stock in a research report on Monday, March 10th. Compass Point reaffirmed a "neutral" rating and set a $9.50 price target (down previously from $15.00) on shares of Easterly Government Properties in a research report on Thursday, April 10th. Jefferies Financial Group started coverage on Easterly Government Properties in a report on Monday, March 17th. They set a "buy" rating and a $13.00 target price for the company. Finally, StockNews.com raised shares of Easterly Government Properties from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $11.63.

Easterly Government Properties Stock Performance

Shares of DEA traded down $0.20 during trading hours on Monday, hitting $7.96. The company had a trading volume of 580,983 shares, compared to its average volume of 1,161,549. The business has a fifty day moving average of $10.24 and a 200-day moving average of $11.52. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 1.07. The firm has a market cap of $859.45 million, a price-to-earnings ratio of 44.22 and a beta of 0.87. Easterly Government Properties has a 12 month low of $7.79 and a 12 month high of $14.53.

Easterly Government Properties's stock is going to reverse split 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 (NYSE:DEA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.22. The firm had revenue of $78.25 million for the quarter, compared to analyst estimates of $79.49 million. Easterly Government Properties had a return on equity of 1.34% and a net margin of 6.25%. The company's revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the company earned $0.28 EPS. Equities analysts anticipate that Easterly Government Properties will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Wednesday, March 5th were issued a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 13.32%. The ex-dividend date was Wednesday, March 5th. Easterly Government Properties's dividend payout ratio is presently 378.95%.

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.