NYSE:DEA

Easterly Government Properties (DEA) Stock Price, News & Analysis

$11.69
-0.03 (-0.26%)
(As of 04/26/2024 08:52 PM ET)
Today's Range
$11.59
$11.90
50-Day Range
$11.06
$11.94
52-Week Range
$10.27
$15.21
Volume
1.17 million shs
Average Volume
971,289 shs
Market Capitalization
$1.20 billion
P/E Ratio
61.53
Dividend Yield
9.07%
Price Target
$13.50

Easterly Government Properties MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
15.5% Upside
$13.50 Price Target
Short Interest
Healthy
2.88% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Easterly Government Properties in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.88%
From $1.14 to $1.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.12 out of 5 stars

Finance Sector

622nd out of 834 stocks

Real Estate Investment Trusts Industry

127th out of 174 stocks

DEA stock logo

About Easterly Government Properties Stock (NYSE:DEA)

Easterly Government Properties, Inc. (NYSE: DEA) is based in Washington, D.C., 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. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).

DEA Stock Price History

DEA Stock News Headlines

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DEA Apr 2024 10.000 put
DEA Apr 2024 12.500 put
Q4 2023 Easterly Government Properties Inc Earnings Call
Easterly Government Properties, Inc. (DEA)
See More Headlines
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Company Calendar

Last Earnings
5/03/2022
Ex-Dividend for 3/18 Dividend
3/05/2024
Dividend Payable
3/18/2024
Today
4/28/2024
Next Earnings (Confirmed)
4/30/2024
Ex-Dividend for 5/21 Dividend
5/08/2024
Dividend Payable
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
56
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.50
High Stock Price Target
$14.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+15.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$18.80 million
Pretax Margin
7.33%

Debt

Sales & Book Value

Annual Sales
$287.23 million
Cash Flow
$1.08 per share
Book Value
$14.81 per share

Miscellaneous

Free Float
94,064,000
Market Cap
$1.20 billion
Optionable
Optionable
Beta
0.67
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Key Executives

  • Mr. Darrell William Crate (Age 57)
    Chief Executive Officer & Director
    Comp: $1.36M
  • Mr. Michael P. Ibe (Age 77)
    Vice Chairman of the Board and Executive VP of Development & Acquisitions
    Comp: $1.37M
  • Ms. Meghan G. Baivier (Age 44)
    Executive VP, President & COO
    Comp: $1.45M
  • Ms. Allison E. Marino (Age 39)
    Executive VP, CFO & Chief Accounting Officer
    Comp: $460.3k
  • Mr. Daniel Powers
    Vice President of Corporate Finance
  • Ms. Lindsay Winterhalter
    Senior Vice President of Investor Relations & Operations
  • Mr. Franklin V. Logan (Age 54)
    Executive VP, General Counsel & Secretary
  • Mr. Andrew G. Pulliam CPA (Age 53)
    Executive Vice President of Acquisitions & Portfolio Management
  • Mr. Mark W. Bauer
    Executive Vice President of Development
  • Mr. Nick A. Nimerala
    Senior VP & Chief Asset Officer

DEA Stock Analysis - Frequently Asked Questions

Should I buy or sell Easterly Government Properties stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Easterly Government Properties in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" DEA shares.
View DEA analyst ratings
or view top-rated stocks.

What is Easterly Government Properties' stock price target for 2024?

2 brokers have issued 1-year price targets for Easterly Government Properties' shares. Their DEA share price targets range from $13.00 to $14.00. On average, they predict the company's stock price to reach $13.50 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
View analysts price targets for DEA
or view top-rated stocks among Wall Street analysts.

How have DEA shares performed in 2024?

Easterly Government Properties' stock was trading at $13.44 at the beginning of the year. Since then, DEA stock has decreased by 13.0% and is now trading at $11.69.
View the best growth stocks for 2024 here
.

Are investors shorting Easterly Government Properties?

Easterly Government Properties saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 2,950,000 shares, a decrease of 15.5% from the March 31st total of 3,490,000 shares. Based on an average daily trading volume, of 982,700 shares, the days-to-cover ratio is currently 3.0 days.
View Easterly Government Properties' Short Interest
.

When is Easterly Government Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our DEA earnings forecast
.

How can I listen to Easterly Government Properties' earnings call?

Easterly Government Properties will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Easterly Government Properties' earnings last quarter?

Easterly Government Properties, Inc. (NYSE:DEA) posted its earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.34 by $0.26. The real estate investment trust earned $72.30 million during the quarter, compared to analysts' expectations of $74.73 million. Easterly Government Properties had a net margin of 6.55% and a trailing twelve-month return on equity of 1.32%. The business's revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.33 EPS.

How often does Easterly Government Properties pay dividends? What is the dividend yield for Easterly Government Properties?

Easterly Government Properties announced a quarterly dividend on Friday, April 26th. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.265 per share on Tuesday, May 21st. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.07%. The ex-dividend date of this dividend is Wednesday, May 8th.
Read our dividend analysis for DEA
.

Is Easterly Government Properties a good dividend stock?

Easterly Government Properties (NYSE:DEA) pays an annual dividend of $1.06 per share and currently has a dividend yield of 9.07%. DEA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 557.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DEA will have a dividend payout ratio of 93.81% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DEA.

What guidance has Easterly Government Properties issued on next quarter's earnings?

Easterly Government Properties issued an update on its FY24 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of $1.14-$1.16 for the period, compared to the consensus EPS estimate of $1.11.

What other stocks do shareholders of Easterly Government Properties own?
When did Easterly Government Properties IPO?

Easterly Government Properties (DEA) raised $180 million in an IPO on Friday, February 6th 2015. The company issued 12,000,000 shares at a price of $14.00-$16.00 per share. Citigroup, Raymond James and RBC Capital Markets served as the underwriters for the IPO and Piper Jaffray, PNC Capital Markets and SunTrust Robinson Humphrey were co-managers.

Who are Easterly Government Properties' major shareholders?

Easterly Government Properties' stock is owned by many different retail and institutional investors. Top institutional investors include Gilman Hill Asset Management LLC (0.75%), Aurora Investment Managers LLC. (0.20%), Sumitomo Mitsui Trust Holdings Inc. (0.10%), PFG Investments LLC (0.06%), Yousif Capital Management LLC (0.04%) and Barry Investment Advisors LLC (0.03%). Insiders that own company stock include Darrell W Crate, Darrell W Crate and William C Trimble.
View institutional ownership trends
.

How do I buy shares of Easterly Government Properties?

Shares of DEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DEA) was last updated on 4/29/2024 by MarketBeat.com Staff

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