Easterly Government Properties (DEA) Expected to Announce Quarterly Earnings on Tuesday

Easterly Government Properties (NYSE:DEA) is expected to announce its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect Easterly Government Properties to post earnings of $0.29 per share and revenue of $80.67 million for the quarter. Easterly Government Properties has set its FY 2025 guidance at 1.180-1.210 EPS and its FY25 guidance at $1.18 to $1.21 EPS.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.07 by $0.22. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The firm had revenue of $78.25 million for the quarter, compared to the consensus estimate of $79.49 million. During the same period last year, the firm posted $0.28 earnings per share. The business’s revenue was up 7.8% compared to the same quarter last year. On average, analysts expect Easterly Government Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Easterly Government Properties Price Performance

DEA stock opened at $8.01 on Tuesday. The firm has a market cap of $864.85 million, a P/E ratio of 44.50 and a beta of 0.87. The firm’s fifty day moving average is $10.18 and its 200 day moving average is $11.48. Easterly Government Properties has a 52 week low of $7.79 and a 52 week high of $14.53. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.01 and a current ratio of 4.01.

Easterly Government Properties’s stock is scheduled to reverse split on the morning of Monday, April 28th. The 2-5 reverse split was announced on Wednesday, April 9th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, April 25th.

Easterly Government Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th were issued a $0.265 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.06 annualized dividend and a dividend yield of 13.23%. Easterly Government Properties’s dividend payout ratio is currently 378.95%.

Wall Street Analysts Forecast Growth

DEA has been the topic of a number of analyst reports. StockNews.com raised Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Compass Point reaffirmed a “neutral” rating and issued a $9.50 target price (down from $15.00) on shares of Easterly Government Properties in a research note on Thursday, April 10th. Royal Bank of Canada dropped their price target on shares of Easterly Government Properties from $12.00 to $11.00 and set an “underperform” rating for the company in a research report on Monday, March 10th. Finally, Jefferies Financial Group assumed coverage on shares of Easterly Government Properties in a research note on Monday, March 17th. They set a “buy” rating and a $13.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.63.

About Easterly Government Properties

Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, 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.