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 year. 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 equities research analysts have issued 12-month price targets for Easterly Government Properties' stock. Their DEA share price forecasts range from $17.00 to $24.00. On average, they expect the company's stock price to reach $19.60 in the next twelve months. This suggests a possible upside of 23.7% 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 shares have decreased by 30.9% and is now trading at $15.84.
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Easterly Government Properties saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 7,710,000 shares, an increase of 8.1% from the October 15th total of 7,130,000 shares. Based on an average daily trading volume, of 768,000 shares, the short-interest ratio is currently 10.0 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) posted its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.26. The real estate investment trust earned $72.30 million during the quarter, compared to analyst estimates 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 company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.33 EPS.

Easterly Government Properties announced a quarterly dividend on Thursday, October 27th. Investors 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 dividend yield of 6.69%. The ex-dividend date of this dividend is Wednesday, November 9th.
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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 6.69%. 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 86.18% 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 updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of $1.26-$1.28 for the period, compared to the consensus earnings per share 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 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."

Easterly Government Properties' stock is owned by a number of institutional and retail investors. Top institutional shareholders 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 $15.84.

Easterly Government Properties (NYSE:DEA) has a market capitalization of $1.44 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.