Easterly Government Properties Stock Forecast, Price & News

Easterly Government Properties' stock was trading at $22.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DEA shares have decreased by 0.2% and is now trading at $22.79.
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8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Easterly Government Properties in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Easterly Government Properties stock.
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Easterly Government Properties is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Easterly Government Properties.

Easterly Government Properties, Inc. (NYSE:DEA) posted its earnings results on Saturday, November, 7th. The real estate investment trust reported $0.05 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.05. The real estate investment trust earned $61.10 million during the quarter, compared to analysts' expectations of $62.16 million. Easterly Government Properties had a net margin of 4.60% and a trailing twelve-month return on equity of 0.89%. Easterly Government Properties's revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.29 earnings per share.
View Easterly Government Properties' earnings history.

Easterly Government Properties declared a quarterly dividend on Wednesday, October 28th. Investors 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 yield of 4.56%. The ex-dividend date is Monday, November 9th.
View Easterly Government Properties' dividend history.

Easterly Government Properties pays an annual dividend of $1.04 per share and currently has a dividend yield of 4.42%. DEA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Easterly Government Properties is 86.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Easterly Government Properties will have a dividend payout ratio of 81.25% in the coming year. This indicates that Easterly Government Properties may not be able to sustain their current dividend.
View Easterly Government Properties' dividend history.

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

8 brokers have issued twelve-month target prices for Easterly Government Properties' stock. Their forecasts range from $24.00 to $28.00. On average, they anticipate Easterly Government Properties' share price to reach $25.43 in the next year. This suggests a possible upside of 11.6% from the stock's current price.
View analysts' price targets for Easterly Government Properties or view Wall Street analyst' top-rated stocks.

Easterly Government Properties saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,730,000 shares, a decrease of 18.0% from the December 15th total of 4,550,000 shares. Based on an average trading volume of 517,800 shares, the short-interest ratio is currently 7.2 days.
View Easterly Government Properties' Short Interest.

Some companies that are related to Easterly Government Properties include Americold Realty Trust (COLD), CubeSmart (CUBE), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kilroy Realty (KRC), Rexford Industrial Realty (REXR), Life Storage (LSI), Healthcare Trust of America (HTA), CoreSite Realty (COR), American Campus Communities (ACC), EastGroup Properties (EGP), Starwood Property Trust (STWD), First Industrial Realty Trust (FR), Brixmor Property Group (BRX) and Douglas Emmett (DEI).
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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 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 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 institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.09%), State of Alaska Department of Revenue (0.11%), Nisa Investment Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.05%), Avantax Advisory Services Inc. (0.03%) and Janney Montgomery Scott LLC (0.02%). 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, State of Alaska Department of Revenue, Avantax Advisory Services Inc., Optimum Investment Advisors, and Janney Montgomery Scott LLC. 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.
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DEA stock was acquired by a variety of institutional investors in the last quarter, including Boenning & Scattergood Inc., Exane Derivatives, Nisa Investment Advisors LLC, Park Avenue Securities LLC, Louisiana State Employees Retirement System, and Private Capital Group LLC.
View insider buying and selling activity for Easterly Government Properties or or view top insider-buying stocks.

Shares of DEA 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.

One share of DEA stock can currently be purchased for approximately $22.79.

Easterly Government Properties has a market capitalization of $1.85 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]