NYSE:DEAEasterly Government Properties Stock Price, Forecast & News

$25.20

-0.02 (-0.08 %)

(As of 05/27/2020 04:00 PM ET)

Add

Compare

Today's Range

$24.65

Now: $25.20▼

$25.95

50-Day Range

$23.26

MA: $26.28▼

$29.32

52-Week Range

$17.72

Now: $25.20▼

$29.69

Volume1.31 million shs

Average Volume783,950 shs

Market Capitalization$1.89 billion

P/E Ratio193.86

Dividend Yield4.12%

Beta0.46

Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Easterly Government Properties has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $26.50, Easterly Government Properties has a potential upside of 5.2% from its current price of $25.20.
Amount of Analyst Coverage
Easterly Government Properties has only been the subject of 4 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Easterly Government Properties has received 262 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Easterly Government Properties has received 267 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Easterly Government Properties has received 50.47% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Easterly Government Properties and other stocks. Vote “Outperform” if you believe DEA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DEA will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Easterly Government Properties is a leading dividend payer. It pays a dividend yield of 4.12%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Easterly Government Properties has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Easterly Government Properties is 86.67 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Easterly Government Properties will have a dividend payout ratio of 83.20 % in the coming year. This indicates that Easterly Government Properties may not be able to sustain their current dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Easterly Government Properties insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,077,142.00 in company stock.
Percentage Held by Insiders
Only 9.90% of the stock of Easterly Government Properties is held by insiders.
Percentage Held by Institutions
95.44% of the stock of Easterly Government Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Easterly Government Properties are expected to grow by 1.63% in the coming year, from $1.23 to $1.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Easterly Government Properties is 193.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of Easterly Government Properties is 193.86, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.61.
Price to Book Value per Share Ratio
Easterly Government Properties has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Real estate investment trusts

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:DEA

Previous Symbol

CUSIPN/A

CIK1622194

Webwww.easterlyreit.com

Phone202-595-9500

Debt

Debt-to-Equity Ratio0.78

Current Ratio1.16

Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio193.86

Forward P/E Ratio20.49

P/E GrowthN/A

Sales & Book Value

Annual Sales$221.72 million

Price / Sales8.54

Cash Flow$1.29 per share

Price / Cash Flow19.60

Book Value$15.94 per share

Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)$1.20

Net Income$7.21 million

Net Margins4.06%

Return on Equity0.79%

Return on Assets0.42%

Miscellaneous

Employees32

Outstanding Shares75,117,000

Market Cap$1.89 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

Receive DEA News and Ratings via Email

Sign-up to receive the latest news and ratings for DEA and its competitors with MarketBeat's FREE daily newsletter.

Easterly Government Properties (NYSE:DEA) Frequently Asked Questions

How has Easterly Government Properties' stock been impacted by COVID-19 (Coronavirus)?

Easterly Government Properties' stock was trading at $22.83 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DEA shares have increased by 10.4% and is now trading at $25.20. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Easterly Government Properties?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Easterly Government Properties in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Easterly Government Properties.

When is Easterly Government Properties' next earnings date?

Easterly Government Properties is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Easterly Government Properties.

How were Easterly Government Properties' earnings last quarter?

Easterly Government Properties Inc (NYSE:DEA) posted its earnings results on Tuesday, May, 5th. The real estate investment trust reported $0.02 EPS for the quarter, missing the Zacks' consensus estimate of $0.30 by $0.28. The real estate investment trust earned $58.22 million during the quarter, compared to analyst estimates of $59.84 million. Easterly Government Properties had a return on equity of 0.79% and a net margin of 4.06%. The business's revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.29 EPS. View Easterly Government Properties' earnings history.

How often does Easterly Government Properties pay dividends? What is the dividend yield for Easterly Government Properties?

Easterly Government Properties announced a quarterly dividend on Friday, May 1st. Investors of record on Thursday, May 14th will be paid a dividend of $0.26 per share on Thursday, June 25th. This represents a $1.04 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend is Wednesday, May 13th. View Easterly Government Properties' dividend history.

What guidance has Easterly Government Properties issued on next quarter's earnings?

Easterly Government Properties issued an update on its FY20 earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of $1.22 to $1.24 for the period, compared to the Thomson Reuters consensus estimate of $1.23.

What price target have analysts set for DEA?

6 analysts have issued 12-month price objectives for Easterly Government Properties' stock. Their forecasts range from $24.00 to $31.00. On average, they anticipate Easterly Government Properties' share price to reach $26.50 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View analysts' price targets for Easterly Government Properties.

Has Easterly Government Properties been receiving favorable news coverage?

News articles about DEA stock have trended very negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Easterly Government Properties earned a coverage optimism score of -3.4 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutEasterly Government Properties.

Who are some of Easterly Government Properties' key competitors?

Some companies that are related to Easterly Government Properties include Vornado Realty Trust (VNO), AGNC Investment (AGNC), American Homes 4 Rent (AMH), Iron Mountain (IRM), Regency Centers (REG), AmeriCold Realty Trust (COLD), Lamar Advertising (LAMR), Omega Healthcare Investors (OHI), Federal Realty Investment Trust (FRT), Kilroy Realty (KRC), Vereit (VER), National Retail Properties (NNN), Klepierre (KLPEF), Healthcare Trust Of America (HTA) and Apartment Investment and Management (AIV). View all competitors.

What other stocks do shareholders of Easterly Government Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Easterly Government Properties investors own include Innovative Industrial Properties (IIPR), AT&T (T), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Verizon Communications (VZ), Medical Properties Trust (MPW), Exxon Mobil (XOM), Cisco Systems (CSCO) and Physicians Realty Trust (DOC).

Who are Easterly Government Properties' key executives?

Easterly Government Properties' management team includes the following people:

Mr. William C. Trimble III, Pres, CEO & Director (Age 57)
Mr. Michael P. Ibe, Vice Chairman and Exec. VP of Devel. & Acquisitions (Age 72)
Ms. Meghan G. Baivier, Exec. VP, CFO & COO (Age 39)
Ms. Alison M. Bernard, Chief Accounting Officer & Exec. VP (Age 33)
Ms. Lindsay Winterhalter, VP, Investor Relations & Operations

When did Easterly Government Properties IPO?

(DEA) raised $180 million in an IPO 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.

What is Easterly Government Properties' stock symbol?

Easterly Government Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEA."

Who are Easterly Government Properties' major shareholders?

Easterly Government Properties' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.24%), Alliancebernstein L.P. (5.87%), State Street Corp (5.42%), V3 Capital Management L.P. (3.72%), Federated Hermes Inc. (2.78%) and GW&K Investment Management LLC (2.48%). 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.

Which institutional investors are selling Easterly Government Properties stock?

DEA stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, JPMorgan Chase & Co., Deprince Race & Zollo Inc., BlackRock Inc., Penn Capital Management Co. Inc., Two Sigma Advisers LP, Morgan Stanley, and Morgan Stanley. Company insiders that have sold Easterly Government Properties company stock in the last year include Alison M Bernard, Darrell W Crate, James E Mead, Ronald E Kendall, and William C Trimble. View insider buying and selling activity for Easterly Government Properties.

Which institutional investors are buying Easterly Government Properties stock?

DEA stock was purchased by a variety of institutional investors in the last quarter, including V3 Capital Management L.P., Robeco Institutional Asset Management B.V., Federated Hermes Inc., AXA, NWQ Investment Management Company LLC, State Street Corp, Silvercrest Asset Management Group LLC, and Balyasny Asset Management LLC. View insider buying and selling activity for Easterly Government Properties.

How do I buy shares of 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.

What is Easterly Government Properties' stock price today?

One share of DEA stock can currently be purchased for approximately $25.20.

How big of a company is Easterly Government Properties?

Easterly Government Properties has a market capitalization of $1.89 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 32 workers across the globe.

What is Easterly Government Properties' official website?

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

How can I contact Easterly Government Properties?

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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff