Easterly Government Properties (NYSE:DEA) Stock Crosses Below Fifty Day Moving Average - Time to Sell?

Key Points

• Easterly Government Properties shares fell below their 50-day moving average, trading as low as $22.58 versus the $24.35 average, and last changed hands at about $22.77.
• Analyst sentiment remains cautious, with a consensus “Hold” rating from seven analysts and an average price target of $25.06; ratings include two Buys, four Holds, and one Sell.
• The REIT reported quarterly revenue of $92.42 million, up 9.8% year over year, while meeting its $0.06 EPS estimate. It also pays a quarterly dividend of $0.45 per share, equivalent to a 7.9% annualized yield.

Easterly Government Properties, Inc. (NYSE:DEA - Get Free Report) shares crossed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $24.35 and traded as low as $22.58. Easterly Government Properties shares last traded at $22.7670, with a volume of 360,682 shares trading hands.

Analyst Ratings Changes

Several research firms have issued reports on DEA. Royal Bank Of Canada restated an "underperform" rating and set a $24.00 price objective (up from $22.00) on shares of Easterly Government Properties in a report on Monday, August 24th. Citigroup reiterated a "neutral" rating and set a $25.00 target price (up from $23.00) on shares of Easterly Government Properties in a research note on Friday, August 7th. BMO Capital Markets reissued a "market perform" rating and set a $27.00 price target (up from $25.00) on shares of Easterly Government Properties in a research report on Monday, August 3rd. Wall Street Zen upgraded shares of Easterly Government Properties from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Easterly Government Properties in a report on Monday, August 24th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $25.06.

Easterly Government Properties Stock Down 0.6%

The company has a quick ratio of 3.88, a current ratio of 3.88 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 108.42 and a beta of 0.98. The stock has a 50 day moving average of $24.35 and a 200 day moving average of $23.75.

Easterly Government Properties (NYSE:DEA - Get Free Report) last announced its quarterly earnings data 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 return on equity of 0.75% and a net margin of 2.86%.The firm had revenue of $92.42 million for the quarter, compared to analysts' expectations of $90.94 million. During the same period last year, the business posted $0.74 earnings per share. The firm's revenue for the quarter was up 9.8% on a year-over-year basis. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. As a group, analysts expect that Easterly Government Properties, Inc. will post 3.09 earnings per share for the current fiscal year.

Easterly Government Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Monday, August 10th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date was Monday, August 10th. Easterly Government Properties's dividend payout ratio is presently 857.14%.

Institutional Investors Weigh In On Easterly Government Properties

Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC acquired a new position in shares of Easterly Government Properties during the second quarter valued at $43,000. IFM Investors Pty Ltd bought a new stake in Easterly Government Properties in the 1st quarter valued at about $148,000. Parvin Asset Management LLC lifted its position in Easterly Government Properties by 117.8% in the 1st quarter. Parvin Asset Management LLC now owns 7,950 shares of the real estate investment trust's stock valued at $170,000 after purchasing an additional 4,300 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Easterly Government Properties during the 2nd quarter valued at about $243,000. Finally, Sage Investment Counsel LLC acquired a new position in Easterly Government Properties during the 1st quarter valued at about $214,000. 86.51% of the stock is owned by institutional investors and hedge funds.

About Easterly Government Properties

Easterly Government Properties, Inc NYSE: DEA is a real estate investment trust focused on acquiring, developing, owning and managing office properties leased primarily to the U.S. government and its agencies. The company targets properties that support essential government functions and typically seeks locations with strong tenant demand, long-term leases and specialized infrastructure.

Its portfolio includes office and other facilities occupied by federal agencies, including healthcare-related and mission-critical government users.

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