Easterly Government Properties, Inc. (DEA)
| Market Cap | 1.32B |
| Revenue (ttm) | 302.12M |
| Net Income (ttm) | 17.96M |
| Shares Out | 117.92M |
| EPS (ttm) | 0.17 |
| PE Ratio | 65.49 |
| Forward PE | 44.68 |
| Dividend | $1.06 (9.49%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 2,831,025 |
| Open | 10.87 |
| Previous Close | 10.93 |
| Day's Range | 10.86 - 11.21 |
| 52-Week Range | 10.86 - 14.53 |
| Beta | 0.66 |
| Analysts | Buy |
| Price Target | 14.00 (+25.34%) |
| Earnings Date | Nov 5, 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]
Financial Performance
In 2023, DEA's revenue was $292.73 million, a decrease of -1.43% compared to the previous year's $296.98 million. Earnings were $18.21 million, a decrease of -41.14%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for DEA stock is "Buy." The 12-month stock price forecast is $14.0, which is an increase of 25.34% from the latest price.
News
Easterly Government Properties Stock Price Got Far Too Cheap
Easterly Government Properties, Inc.'s 9% dividend yield appears sustainable, with a clear path to full CAD coverage within 24 months through rent escalators and strategic acquisitions. The stock's de...
3 Big Dividends Backed By High-Quality Assets
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Easterly Government And The DOGE: The Elon Musk Effect
Easterly Government Properties stock has dropped following news of the DOGE's cost-cutting plans. DOGE's $2 trillion budget cut plan targets redundant regulations and underutilized federal properties,...
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office...
Easterly Government Properties to Participate in Jefferies Real Estate Conference 2024
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...
Easterly Government Properties: Fears Are Overblown, I'm A Buyer Of This 9% Yielder
Easterly Government Properties is a REIT focused on Class A properties leased to U.S. government agencies, offering stable cash flows and rent growth. DEA's Q3'24 results reaffirm my confidence with s...
Easterly Government Properties Acquires Three Building Campus Leased to AAA Rated Wake County in Cary, North Carolina
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 Fat Yields You May Love
I discuss two high-yield stocks: TriplePoint Venture Growth (17.4%) and Easterly Government Properties (8.4%), suitable for risk-tolerant income investors. TriplePoint Venture Growth has shown portfol...
Easterly Government Properties Acquires 100,000 Leased Square Foot Internal Revenue Service Industrial Facility in Ogden, Utah
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...
Easterly Government Properties to Participate in Nareit's REITworld 2024 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...
Easterly Government Properties: The Trump Factor
Easterly Government Properties is poised to benefit from President-elect Trump's second term due to potential increased government and defense spending. Despite elevated payout ratios and economic unc...
Easterly Government Properties, Inc. (DEA) Q3 2024 Earnings Call Transcript
Easterly Government Properties, Inc. (NYSE:DEA) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - SVP, IR Darrell Crate - President & CEO Allis...
Easterly Government Properties Reports Third 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...
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...
Final Trades: Transdigm, Easterly Government, Booz Allen and ONEOK
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Easterly Government Properties Schedules Third Quarter 2024 Earnings Release and Conference Call
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its third quarter 2024 financial results on November 5, 2024. A conference c...
Easterly Government Properties Acquires 104,136 SF Facility Adjacent to Buckley Space Force Base and Occupied by Northrop Grumman Systems Corporation
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...
This Elastic Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday
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Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks With Over 7% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Easterly Government Properties: 8% Dividend Yield And Increased Investment Activity; Potential Attractive Opportunity
Easterly Government Properties benefits from anticipated lower interest rates, enhancing their growth potential and investment activity, despite an elevated payout ratio above 100%. With increased inv...
Easterly Government Properties: Become The Landlord Of The US Government With An 8% Dividend Yield
Easterly Government Properties focuses on high-quality, government-leased Class A properties, ensuring stable cash flows and high occupancy rates. DEA's recent acquisitions and quarterly performance i...