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NYSE:DEA

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

$11.89
-0.20 (-1.65%)
(As of 05/22/2024 ET)
Today's Range
$11.85
$12.14
50-Day Range
$11.06
$12.18
52-Week Range
$10.27
$15.21
Volume
723,163 shs
Average Volume
936,557 shs
Market Capitalization
$1.22 billion
P/E Ratio
59.45
Dividend Yield
8.92%
Price Target
$13.50

Easterly Government Properties MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
13.5% Upside
$13.50 Price Target
Short Interest
Healthy
3.04% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.04mentions of Easterly Government Properties in the last 14 days
Based on 4 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.

1.70 out of 5 stars

Finance Sector

678th out of 821 stocks

Real Estate Investment Trusts Industry

137th out of 175 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

Easterly Government Q1 Earnings Preview
DEA Apr 2024 10.000 put
DEA Apr 2024 12.500 put
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
Ex-Dividend for 5/21 Dividend
5/08/2024
Dividend Payable
5/21/2024
Today
5/23/2024
Next Earnings (Estimated)
8/13/2024
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
+13.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$18.80 million
Pretax Margin
7.45%

Debt

Sales & Book Value

Annual Sales
$287.23 million
Cash Flow
$1.07 per share
Book Value
$13.47 per share

Miscellaneous

Free Float
94,656,000
Market Cap
$1.22 billion
Optionable
Optionable
Beta
0.65
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Key Executives

  • Mr. Darrell William Crate (Age 57)
    CEO & Director
    Comp: $1.41M
  • Mr. Michael P. Ibe (Age 77)
    Vice Chairman of the Board and Executive VP of Development & Acquisitions
    Comp: $1.42M
  • Ms. Meghan G. Baivier (Age 44)
    Executive VP, President & COO
    Comp: $1.5M
  • Ms. Allison E. Marino (Age 40)
    Executive VP, CFO & Chief Accounting Officer
    Comp: $526.24k
  • 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 12-month target prices for Easterly Government Properties' stock. Their DEA share price targets range from $13.00 to $14.00. On average, they anticipate the company's share price to reach $13.50 in the next year. This suggests a possible upside of 13.5% 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 start of the year. Since then, DEA stock has decreased by 11.5% and is now trading at $11.89.
View the best growth stocks for 2024 here
.

Are investors shorting Easterly Government Properties?

Easterly Government Properties saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,130,000 shares, an increase of 6.1% from the April 15th total of 2,950,000 shares. Based on an average daily volume of 974,900 shares, the short-interest ratio is currently 3.2 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, August 13th 2024.
View our DEA earnings forecast
.

How were Easterly Government Properties' earnings last quarter?

Easterly Government Properties, Inc. (NYSE:DEA) issued its quarterly 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 the consensus estimate of $74.73 million. Easterly Government Properties had a trailing twelve-month return on equity of 1.38% and a net margin of 6.77%. Easterly Government Properties's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the firm earned $0.33 earnings per share.

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. Stockholders 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 annualized dividend and a yield of 8.92%. The ex-dividend date 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 8.78%. DEA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 530.00%. 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 updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of 1.140-1.160 for the period, compared to the consensus EPS estimate of 1.150. The company issued revenue guidance of -.

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 initial public offering on Friday, February 6th 2015. The company issued 12,000,000 shares at $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 shareholders include Vanguard Group Inc. (10.69%), Mirae Asset Global Investments Co. Ltd. (1.48%), Russell Investments Group Ltd. (0.90%), Gilman Hill Asset Management LLC (0.75%), Principal Financial Group Inc. (0.48%) and Vident Advisory LLC (0.29%). 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 5/23/2024 by MarketBeat.com Staff

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