Easterly Government Properties, Inc. (DEA)

NYSE: DEA · IEX Real-Time Price · USD
11.42
+0.21 (1.87%)
Apr 18, 2024, 4:00 PM EDT - Market closed
1.87%
Market Cap 1.17B
Revenue (ttm) 287.23M
Net Income (ttm) 18.80M
Shares Out 102.36M
EPS (ttm) 0.19
PE Ratio 60.11
Forward PE 41.12
Dividend $1.06 (9.28%)
Ex-Dividend Date Mar 5, 2024
Volume 919,691
Open 11.28
Previous Close 11.21
Day's Range 11.22 - 11.43
52-Week Range 10.27 - 15.21
Beta 0.64
Analysts Sell
Price Target 13.00 (+13.84%)
Earnings Date Apr 30, 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 13.84% from the latest price.

Price Target
$13.0
(13.84% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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 days 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...

9 days 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...

6 weeks 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...

7 weeks 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...

7 weeks 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 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...

2 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 ...

3 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...

3 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...

3 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...

4 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...

4 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...

5 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...

5 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...

6 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...

6 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...

6 months ago - Business Wire

Easterly Government Properties to Participate in Investor Meetings and Provide Updated Investor Presentation

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 Acquires 95,273 SF Specialized Facility in Anaheim, California

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 months ago - Business Wire

Easterly Government Properties Completes Acquisition of VA - Corpus Christi, the Ninth of 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 months ago - Business Wire

Easterly Government Properties Reports Second 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...

9 months ago - Business Wire

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

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its second quarter 2023 financial results on August 8, 2023. A conference ca...

9 months ago - Business Wire

Easterly Government Properties to Participate at Nareit's REITweek 2023 Investor 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...

11 months ago - Business Wire

Debt default would hurt REITs with government exposure, says Morgan Stanley's Ron Kamdem

Ron Kamdem, head of US REITs and commercial real estate at Morgan Stanley, joins 'The Exchange' to discuss how the debt ceiling could impact REITs numbers, consumer spending moving down if the governm...

Other symbols: AREELMEVNOWELL
1 year ago - CNBC Television

Easterly Government Properties Reports First 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...

1 year ago - Business Wire