Easterly Government Properties Stock Forecast, Price & News

Easterly Government Properties' stock was trading at $22.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DEA shares have decreased by 4.1% and is now trading at $21.90.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Easterly Government Properties in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Easterly Government Properties is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
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Easterly Government Properties, Inc. (NYSE:DEA) announced its earnings results on Saturday, November, 7th. The real estate investment trust reported $0.05 earnings per share for the quarter, meeting analysts' consensus estimates of $0.05. The real estate investment trust earned $61.10 million during the quarter, compared to the consensus estimate of $62.16 million. Easterly Government Properties had a net margin of 4.60% and a return on equity of 0.89%. The business's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.29 earnings per share.
View Easterly Government Properties' earnings history.

Easterly Government Properties announced a quarterly dividend on Wednesday, October 28th. Shareholders of record on Wednesday, November 11th will be paid a dividend of $0.26 per share on Friday, December 11th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Monday, November 9th.
View Easterly Government Properties' dividend history.

Easterly Government Properties updated its FY21 earnings guidance on Monday, November, 2nd. The company provided earnings per share (EPS) guidance of $1.28-$1.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.26.

5 Wall Street analysts have issued 12-month price targets for Easterly Government Properties' shares. Their forecasts range from $24.00 to $28.00. On average, they anticipate Easterly Government Properties' stock price to reach $25.20 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for Easterly Government Properties.

Some companies that are related to Easterly Government Properties include Klépierre (KLPEF), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Americold Realty Trust (COLD), Kimco Realty (KIM), CubeSmart (CUBE), Rexford Industrial Realty (REXR), Douglas Emmett (DEI), Healthcare Trust of America (HTA), American Campus Communities (ACC), First Industrial Realty Trust (FR), EastGroup Properties (EGP), Starwood Property Trust (STWD), CoreSite Realty (COR) and Life Storage (LSI).
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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 $14.00-$16.00 per share. Citigroup, Raymond James and RBC Capital Markets acted 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."

Easterly Government Properties' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.86%), State Street Corp (5.01%), Federated Hermes Inc. (2.65%), GW&K Investment Management LLC (2.22%), Robeco Institutional Asset Management B.V. (1.78%) and Westwood Holdings Group Inc. (1.59%). Company insiders that own Easterly Government Properties stock include Alison M Bernard, Darrell W Crate, James E Mead, Ronald E Kendall and William C Trimble.
View institutional ownership trends for Easterly Government Properties.

DEA stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, JPMorgan Chase & Co., Great West Life Assurance Co. Can, State Street Corp, Penn Capital Management Co. Inc., SG Americas Securities LLC, Cubist Systematic Strategies LLC, and Robeco Institutional Asset Management B.V.. Company insiders that have sold Easterly Government Properties company stock in the last year include Alison M Bernard, Darrell W Crate, James E Mead, and William C Trimble.
View insider buying and selling activity for Easterly Government Properties.

DEA stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Sei Investments Co., Ranger Global Real Estate Advisors LLC, Westwood Holdings Group Inc., AXA S.A., UBS Asset Management Americas Inc., Vestcor Inc, and GW&K Investment Management LLC.
View insider buying and selling activity for Easterly Government Properties.

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

One share of DEA stock can currently be purchased for approximately $21.90.

Easterly Government Properties has a market capitalization of $1.78 billion and generates $221.72 million in revenue each year. The real estate investment trust earns $7.21 million in net income (profit) each year or $1.20 on an earnings per share basis. Easterly Government Properties employs 37 workers across the globe.

The official website for Easterly Government Properties is www.easterlyreit.com.

Easterly Government Properties' mailing address is 2101 L STREET NW SUITE 650, WASHINGTON DC, 20037. The real estate investment trust can be reached via phone at 202-595-9500 or via email at [email protected]