Easterly Government Properties, Inc. (DEA)
| Market Cap | 1.44B |
| Revenue (ttm) | 302.12M |
| Net Income (ttm) | 17.96M |
| Shares Out | 117.92M |
| EPS (ttm) | 0.17 |
| PE Ratio | 71.41 |
| Forward PE | 48.72 |
| Dividend | $1.06 (8.70%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 1,470,471 |
| Open | 12.06 |
| Previous Close | 12.06 |
| Day's Range | 11.93 - 12.18 |
| 52-Week Range | 10.94 - 14.53 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 14.50 (+19.05%) |
| 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 $14.5, which is an increase of 19.05% from the latest price.
News
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
The Investment Committee share their top stocks to watch for the second half.
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
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Fed Rate Cuts Breathe New Life Into These High-Yield Stocks
Real estate is great, except for the heavy time commitment, which makes it a non-starter for me. “Brett, can you come over and change my lightbulb?
Aligned Data Centers Appoints Meghan Baivier as Chief Financial Officer
Aligned announces the appointment of Meghan Baivier as CFO. In addition, the company announces the transition of Anubhav Raj to Chief Investment Officer.
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...
Easterly Government Properties Acquires 99,246 SF Facility Adjacent to Wright-Patterson Air 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...
Easterly Government Properties Completes Acquisition of VA - Jacksonville, the Final Acquisition of the 10 Properties in the VA Portfolio
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...
Wall Street's Most Accurate Analysts Weigh In 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...
Jerome Powell Just Launched REIT Season, Here Are 3 Top Buys
Mr. Powell and I rarely see eye to eye. I've usually been right. REITs are set for a bullish trend with the Fed expected to cut rates, offering attractive valuations and growth potential. Here are 3 t...
Easterly Government Properties to Participate in NYSE Real Estate Investor Access Day
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: I'm Buying The Drop On This 8% Yield
Treasury Bonds have seen increased interest due to rising yields backed by the U.S. government's credit. With potential rate cuts looming, bond yields have fallen, posing reinvestment risks for invest...
Wall Street's Most Accurate Analysts Give Their Take 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, Inc. (DEA) Q2 2024 Earnings Call Transcript
Easterly Government Properties, Inc. (NYSE:DEA) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - SVP, IR & Operations Darrell Crate - CEO & Direc...
Easterly Government Properties Reports Second 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 Time Change for Second Quarter 2024 Conference Call
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that it has adjusted the time for its second quarter 2024 earnings conference call to 11:00am Eastern time...