Easterly Government Properties - DEA Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Easterly Government Properties in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street equities research 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 brokers have issued 1 year price targets for Easterly Government Properties' shares. Their DEA share price forecasts range from $17.00 to $24.00. On average, they expect the company's share price to reach $19.60 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
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Easterly Government Properties' stock was trading at $22.92 on January 1st, 2022. Since then, DEA stock has decreased by 33.5% and is now trading at $15.24.
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Easterly Government Properties saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 6,810,000 shares, a drop of 11.7% from the October 31st total of 7,710,000 shares. Based on an average trading volume of 810,000 shares, the short-interest ratio is presently 8.4 days.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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Easterly Government Properties, Inc. (NYSE:DEA) issued its quarterly earnings data on Tuesday, May, 3rd. The real estate investment trust reported $0.08 earnings per share 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 1.54% and a net margin of 7.56%. The firm's quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 EPS.

Easterly Government Properties declared a quarterly dividend on Thursday, October 27th. Stockholders of record on Friday, November 11th will be given a dividend of $0.265 per share on Wednesday, November 23rd. This represents a $1.06 annualized dividend and a yield of 6.96%. The ex-dividend date of this dividend is Wednesday, November 9th.
Read our dividend analysis for DEA.

Easterly Government Properties (NYSE:DEA) pays an annual dividend of $1.06 per share and currently has a dividend yield of 6.88%. 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 424.02%. 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 89.08% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DEA.

Easterly Government Properties issued an update on its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share (EPS) guidance of $1.26-$1.28 for the period, compared to the consensus EPS estimate of $1.31. 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 $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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (18.11%), Vanguard Group Inc. (11.72%), State Street Corp (6.28%), Federated Hermes Inc. (3.05%), Bank of New York Mellon Corp (1.57%) and Dimensional Fund Advisors LP (1.56%). Insiders that own company stock include Alison M Bernard, Darrell W Crate, Darrell W Crate, James E Mead and William C Trimble.
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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 $15.24.

Easterly Government Properties (NYSE:DEA) has a market capitalization of $1.38 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 $0.25 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.