Easterly Government Properties, Inc. (DEA)

NYSE: DEA · Real-Time Price · USD
13.90
-0.17 (-1.21%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-1.21%
Market Cap 1.43B
Revenue (ttm) 299.13M
Net Income (ttm) 18.46M
Shares Out 102.99M
EPS (ttm) 0.19
PE Ratio 74.81
Forward PE 64.65
Dividend $1.06 (7.63%)
Ex-Dividend Date Aug 1, 2024
Volume 716,842
Open 14.00
Previous Close 14.07
Day's Range 13.87 - 14.06
52-Week Range 10.27 - 14.53
Beta 0.70
Analysts Buy
Price Target 14.50 (+4.32%)
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]

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 $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 Statements

Analyst 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 4.32% from the latest price.

Price Target
$14.5
(4.32% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Yields Up To 9%: 3 REITs To Buy For 2025

Interest rates are now headed to lower levels. But REITs still offer up to 9% dividend yields. I highlight three of my favorite high yielding REITs for 2025.

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5 days ago - Seeking Alpha

Final Trades: Transdigm, Easterly Government, Booz Allen and ONEOK

The Investment Committee share their top stocks to watch for the second half.

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6 days ago - CNBC Television

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...

6 days ago - Business Wire

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...

Other symbols: NOC
7 days ago - Business Wire

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.

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8 days ago - Benzinga

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?

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23 days ago - Forbes

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.

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4 weeks ago - GlobeNewsWire

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...

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5 weeks ago - Benzinga

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...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

Other symbols: NOC
6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

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7 weeks ago - Benzinga

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...

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2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

Other symbols: MPWSVC
2 months ago - Benzinga

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...

2 months ago - Seeking Alpha

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...

3 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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its second quarter 2024 financial results on July 31, 2024. A conference cal...

3 months ago - Business Wire

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...

5 months 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...

5 months ago - Business Wire

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

5 months ago - Seeking Alpha