Easterly Government Properties - DEA Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Easterly Government Properties in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DEA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DEA, but not buy additional shares or sell existing shares.
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6 analysts have issued 1 year target prices for Easterly Government Properties' stock. Their DEA share price forecasts range from $20.00 to $25.00. On average, they anticipate the company's stock price to reach $21.80 in the next twelve months. This suggests a possible upside of 38.2% from the stock's current price.
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Easterly Government Properties' stock was trading at $22.92 at the start of the year. Since then, DEA shares have decreased by 31.2% and is now trading at $15.77.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
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Easterly Government Properties, Inc. (NYSE:DEA) issued its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.26. The real estate investment trust had revenue of $72.30 million for the quarter, compared to analysts' expectations of $74.73 million. Easterly Government Properties had a trailing twelve-month return on equity of 2.07% and a net margin of 10.27%. The business's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.33 earnings per share.

Easterly Government Properties declared a quarterly dividend on Thursday, July 28th. Stockholders of record on Thursday, August 11th will be given a dividend of $0.265 per share on Tuesday, August 23rd. This represents a $1.06 annualized dividend and a yield of 6.72%. The ex-dividend date is Wednesday, August 10th.
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Easterly Government Properties (NYSE:DEA) pays an annual dividend of $1.06 per share and currently has a dividend yield of 6.85%. 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 321.22%. 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 76.81% in the coming year. This indicates that the company may not be able to sustain their current dividend.
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Easterly Government Properties issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $1.34-$1.36 for the period. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Easterly Government Properties investors own include Innovative Industrial Properties (IIPR), New Residential Investment (NRZ), AT&T (T), Omega Healthcare Investors (OHI), Enterprise Products Partners (EPD), Iron Mountain (IRM), Medical Properties Trust (MPW), Starwood Property Trust (STWD), Pfizer (PFE) and Verizon Communications (VZ).

(DEA) raised $180 million in an initial public offering (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.

Easterly Government Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEA."

Shares of DEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DEA stock can currently be purchased for approximately $15.77.

Easterly Government Properties (NYSE:DEA) has a market capitalization of $1.43 billion and generates $274.86 million in revenue each year. The real estate investment trust earns $30.06 million in net income (profit) each year or $0.33 on an earnings per share basis.

Easterly Government Properties' mailing address is 2101 L STREET NW SUITE 650, WASHINGTON DC, 20037. The official website for the company is www.easterlyreit.com. The real estate investment trust can be reached via phone at (202) 595-9500 or via email at ir@easterlyreit.com.