Easterly Government Properties, Inc. (DEA)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...