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 year. There are currently 1 sell rating and 5 hold ratings 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.
View DEA analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued twelve-month target prices for Easterly Government Properties' shares. Their DEA share price forecasts range from $14.00 to $20.00. On average, they predict the company's stock price to reach $17.25 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price.
View analysts price targets for DEA or view top-rated stocks among Wall Street analysts.

Easterly Government Properties' stock was trading at $14.27 at the beginning of the year. Since then, DEA stock has increased by 13.8% and is now trading at $16.24.
View the best growth stocks for 2023 here.

Easterly Government Properties saw a increase in short interest in December. As of December 15th, there was short interest totaling 7,400,000 shares, an increase of 5.4% from the November 30th total of 7,020,000 shares. Based on an average daily trading volume, of 972,300 shares, the days-to-cover ratio is presently 7.6 days.
View Easterly Government Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our DEA earnings forecast.

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 for the quarter, missing analysts' consensus estimates of $0.34 by $0.26. The real estate investment trust had revenue of $72.30 million for the quarter, compared to analyst estimates of $74.73 million. Easterly Government Properties had a net margin of 7.56% and a trailing twelve-month return on equity of 1.54%. Easterly Government Properties's revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 earnings per share.

Easterly Government Properties announced a quarterly dividend on Thursday, October 27th. Shareholders of record on Friday, November 11th will be paid a dividend of $0.265 per share on Wednesday, November 23rd. This represents a $1.06 dividend on an annualized basis and a dividend yield of 6.53%. 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 6.65%. DEA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 424.00%. 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 89.83% 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 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 (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 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 variety of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.93%), New York State Common Retirement Fund (0.47%), Barry Investment Advisors LLC (0.41%), Presima Securities ULC (0.13%), Sargent Investment Group LLC (0.12%) and State of Alaska Department of Revenue (0.12%). Insiders that own company stock include Alison M Bernard, Darrell W Crate, Darrell W Crate, James E Mead and William C Trimble.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of DEA stock can currently be purchased for approximately $16.24.

Easterly Government Properties (NYSE:DEA) has a market capitalization of $1.47 billion and generates $291.74 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.