Easterly Government Properties, Inc. (DEA)

NYSE: DEA · IEX Real-Time Price · USD
12.31
+0.10 (0.82%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.82%
Market Cap 1.27B
Revenue (ttm) 288.81M
Net Income (ttm) 19.54M
Shares Out 103.00M
EPS (ttm) 0.19
PE Ratio 64.79
Forward PE 62.50
Dividend $1.06 (8.61%)
Ex-Dividend Date May 8, 2024
Volume 333,720
Open 12.22
Previous Close 12.21
Day's Range 12.21 - 12.34
52-Week Range 10.27 - 15.21
Beta 0.66
Analysts Sell
Price Target 13.00 (+5.61%)
Earnings Date Aug 6, 2024

About DEA

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). [Read more]

Industry REIT - Office
Sector Real Estate
IPO Date Feb 6, 2015
Employees 56
Stock Exchange NYSE
Ticker Symbol DEA
Full Company Profile

Financial Performance

In 2023, DEA's revenue was $287.23 million, a decrease of -2.17% compared to the previous year's $293.61 million. Earnings were $18.80 million, a decrease of -40.26%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for DEA stock is "Sell." The 12-month stock price forecast is $13.0, which is an increase of 5.61% from the latest price.

Price Target
$13.0
(5.61% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Easterly Government Properties Announces New $400 Million Senior Unsecured Credit Facility

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

4 weeks ago - Business Wire

Easterly Government Properties to Participate at Nareit's REITweek 2024 Investor Conference

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

4 weeks ago - Business Wire

Easterly Government Properties to Issue $200 Million in Senior Unsecured Notes

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

4 weeks ago - Business Wire

Easterly Government Properties Announces Close of 49,420 SF Facility in Orlando, Florida to Expand Mission-Critical Portfolio

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

6 weeks ago - Business Wire

Easterly Government Properties to Participate in Wells Fargo 27th Annual Real Estate Securities Conference

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisiti...

7 weeks ago - Business Wire

Easterly Government Properties Acquiring Two Mission Critical Government Facilities and Increases Full Year 2024 Guidance

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

7 weeks ago - Business Wire

Easterly Government Properties Reports First Quarter 2024 Results

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisiti...

2 months ago - Business Wire

Easterly Government Properties Announces Quarterly Dividend

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class...

2 months ago - Business Wire

Easterly Government Properties Releases Annual Environmental, Social, and Governance (ESG) Report and Announces 4% Decrease in Total Portfolio Energy Consumption

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

2 months ago - Business Wire

Easterly Government Properties Acquires 135,200 SF U.S. Immigration and Customs Enforcement Information Technology Facility Near Dallas, Texas

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

2 months ago - Business Wire

Easterly Government Properties Schedules First Quarter 2024 Earnings Release and Conference Call

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its first quarter 2024 financial results on April 30, 2024. A conference cal...

3 months ago - Business Wire

Easterly Government Properties Awarded Lease to Develop 50,777 RSF Federal Courthouse in Flagstaff, Arizona

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and manage...

4 months ago - Business Wire

Easterly Government Properties to Participate in the Citi 2024 Global Property CEO Conference

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisiti...

4 months ago - Business Wire

Easterly Government Properties Reports Fourth Quarter and Full Year 2023 Results

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisiti...

4 months ago - Business Wire

Easterly Government Properties Schedules Fourth Quarter 2023 Earnings Release and Conference Call

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its fourth quarter 2023 financial results on February 27, 2024. A conference...

5 months ago - Business Wire

Easterly Government Properties Extends $100 Million Unsecured Term Loan Facility

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust that acquires, develops, and manages Class ...

5 months ago - Business Wire

Easterly Government Properties Announces Tax Characteristics of Its 2023 Distributions

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly” or the “Company”), a fully integrated real estate investment trust focused primarily on the acquisition, devel...

5 months ago - Business Wire

Easterly Government Properties Receives Investment Grade Credit Rating

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the company received an investment grade issuer credit rating from Kroll Bond Rating Agency, LLC (“KB...

6 months ago - Business Wire

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

7 months ago - GlobeNewsWire

Easterly Government Properties Appoints Co-Founder Darrell Crate as CEO to Advance Mission-Critical Real Estate Strategy

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisiti...

7 months ago - Business Wire

Easterly Government Properties to Participate in Nareit's REITworld 2023 Annual Conference

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisiti...

8 months ago - Business Wire

Easterly Government Properties Releases Annual Environmental, Social, and Governance (ESG) Report

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company”), a fully integrated real estate investment trust focused primarily on the acquisition, development and man...

8 months ago - Business Wire

Easterly Government Properties Reports Third Quarter 2023 Results

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisiti...

8 months ago - Business Wire

Easterly Government Properties Acquires a 35,005 SF U.S. District Courthouse in Newport News, Virginia

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class...

9 months ago - Business Wire

Easterly Government Properties Schedules Third Quarter 2023 Earnings Release and Conference Call

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its third quarter 2023 financial results on October 31, 2023. A conference c...

9 months ago - Business Wire