Easterly Government Properties (NYSE:DEA) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Easterly Government Properties, Inc. (NYSE:DEA)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.60 and traded as high as $23.59. Easterly Government Properties shares last traded at $22.84, with a volume of 510,102 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DEA. Weiss Ratings upgraded shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 6th. Wall Street Zen lowered shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Royal Bank Of Canada increased their price target on shares of Easterly Government Properties from $21.00 to $22.00 and gave the stock an “underperform” rating in a research note on Monday, March 2nd. Finally, Truist Financial dropped their price target on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Easterly Government Properties presently has an average rating of “Hold” and a consensus price target of $23.49.

Easterly Government Properties Stock Down 2.2%

The company has a debt-to-equity ratio of 1.26, a quick ratio of 4.01 and a current ratio of 4.01. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 95.17 and a beta of 0.98. The firm’s 50-day simple moving average is $22.60 and its 200-day simple moving average is $22.41.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.67). The company had revenue of $87.04 million during the quarter, compared to analyst estimates of $87.73 million. Easterly Government Properties had a return on equity of 0.82% and a net margin of 3.22%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.29 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. Sell-side analysts forecast that Easterly Government Properties, Inc. will post 3.1 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Thursday, May 7th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 7.9%. The ex-dividend date is Thursday, May 7th. Easterly Government Properties’s dividend payout ratio (DPR) is currently 750.00%.

Institutional Trading of Easterly Government Properties

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC lifted its holdings in shares of Easterly Government Properties by 197.5% during the 1st quarter. AQR Capital Management LLC now owns 95,596 shares of the real estate investment trust’s stock worth $1,013,000 after acquiring an additional 63,463 shares during the period. Millennium Management LLC lifted its holdings in shares of Easterly Government Properties by 1,759.2% during the 1st quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock worth $10,602,000 after acquiring an additional 946,381 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Easterly Government Properties by 12,846.9% during the 1st quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust’s stock worth $111,000 after acquiring an additional 10,406 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Easterly Government Properties by 1.1% during the 1st 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 worth $7,569,000 after acquiring an additional 7,785 shares during the period. Finally, Jane Street Group LLC lifted its holdings in shares of Easterly Government Properties by 271.5% during the 1st quarter. Jane Street Group LLC now owns 115,677 shares of the real estate investment trust’s stock worth $1,226,000 after acquiring an additional 84,536 shares during the period. 86.51% of the stock is currently owned by institutional investors and hedge funds.

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.