Easterly Government Properties (NYSE:DEA - Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.140-1.160 for the period, compared to the consensus estimate of 1.150. The company issued revenue guidance of -. Easterly Government Properties also updated its FY24 guidance to $1.14-1.16 EPS.
Easterly Government Properties Price Performance
Easterly Government Properties stock remained flat at $11.68 during trading hours on Tuesday. The company's stock had a trading volume of 1,455,526 shares, compared to its average volume of 978,823. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 61.53 and a beta of 0.67. The company has a debt-to-equity ratio of 0.92, a current ratio of 4.65 and a quick ratio of 4.65. The stock's fifty day moving average price is $11.53 and its 200 day moving average price is $11.98. Easterly Government Properties has a 52-week low of $10.27 and a 52-week high of $15.21.
Easterly Government Properties Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, May 9th will be paid a $0.265 dividend. This represents a $1.06 annualized dividend and a yield of 9.08%. The ex-dividend date of this dividend is Wednesday, May 8th. Easterly Government Properties's dividend payout ratio (DPR) is presently 557.92%.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Easterly Government Properties from a hold rating to a sell rating in a research report on Wednesday, April 3rd.
Read Our Latest Research Report on Easterly Government Properties
About Easterly Government Properties
(
Get Free Report)
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.
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