Easterly Government Properties, Inc. (NYSE:DEA) Receives $24.99 Average Target Price from Analysts

Shares of Easterly Government Properties, Inc. (NYSE:DEA) have been given an average rating of “Hold” by the six brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $24.9917.

A number of brokerages have recently weighed in on DEA. Compass Point set a $26.45 price target on Easterly Government Properties and gave the company a “buy” rating in a report on Wednesday, October 15th. New Street Research set a $20.00 price objective on Easterly Government Properties in a research note on Monday, October 13th. Truist Financial lowered their target price on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a research note on Monday, November 24th. Wall Street Zen raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings raised shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, December 29th.

Hedge Funds Weigh In On Easterly Government Properties

Several institutional investors have recently made changes to their positions in the stock. Foresight Group Ltd Liability Partnership boosted its position in Easterly Government Properties by 0.9% during the 1st quarter. Foresight Group Ltd Liability Partnership now owns 1,012,520 shares of the real estate investment trust’s stock valued at $10,705,000 after purchasing an additional 8,900 shares during the period. Millennium Management LLC increased its position in Easterly Government Properties by 1,759.2% in the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock worth $10,602,000 after buying an additional 946,381 shares during the period. Invesco Ltd. lifted its stake in Easterly Government Properties by 7.0% in the third quarter. Invesco Ltd. now owns 814,762 shares of the real estate investment trust’s stock valued at $18,682,000 after buying an additional 53,449 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Easterly Government Properties by 4.7% in the third quarter. Victory Capital Management Inc. now owns 742,173 shares of the real estate investment trust’s stock valued at $17,018,000 after buying an additional 33,336 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Easterly Government Properties by 1.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 714,042 shares of the real estate investment trust’s stock valued at $7,569,000 after acquiring an additional 7,785 shares during the period. 86.51% of the stock is owned by institutional investors.

Easterly Government Properties Stock Performance

Shares of Easterly Government Properties stock opened at $22.36 on Wednesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.47 and a current ratio of 3.47. Easterly Government Properties has a 1 year low of $19.33 and a 1 year high of $29.74. The firm’s 50-day simple moving average is $21.58 and its 200-day simple moving average is $22.20. The firm has a market cap of $1.03 billion, a PE ratio of 73.30 and a beta of 0.96.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The firm had revenue of $86.15 million during the quarter, compared to analyst estimates of $84.82 million. During the same period in the previous year, the company earned $0.30 earnings per share. Easterly Government Properties’s quarterly revenue was up 15.2% on a year-over-year basis. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS and its FY 2025 guidance at 2.980-3.020 EPS. Equities analysts forecast that Easterly Government Properties will post 1.17 earnings per share for the current fiscal year.

Easterly Government Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Friday, November 7th were issued a $0.45 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $1.80 dividend on an annualized basis and a yield of 8.1%. Easterly Government Properties’s dividend payout ratio (DPR) is currently 600.00%.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.