Easterly Government Properties (NYSE:DEA) Issues FY25 Earnings Guidance

Easterly Government Properties (NYSE:DEA) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.18 to $1.21 for the period, compared to the consensus estimate of $1.19. Easterly Government Properties also updated its FY 2025 guidance to 1.180-1.210 EPS.

Analyst Ratings Changes

DEA has been the topic of a number of recent analyst reports. Jefferies Financial Group decreased their target price on Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, January 2nd. StockNews.com downgraded shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a report on Monday. Finally, Truist Financial cut their target price on shares of Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, December 6th.

Easterly Government Properties Stock Performance

Shares of NYSE DEA opened at $10.82 on Tuesday. Easterly Government Properties has a one year low of $10.45 and a one year high of $14.52. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 60.08 and a beta of 0.70. The stock’s fifty day moving average price is $11.17 and its two-hundred day moving average price is $12.46. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.01 and a quick ratio of 4.01.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.22. The firm had revenue of $78.25 million for the quarter, compared to analyst estimates of $79.49 million. Easterly Government Properties had a return on equity of 1.34% and a net margin of 6.25%. The company’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the company earned $0.28 EPS. On average, equities analysts forecast that Easterly Government Properties will post 1.17 EPS for the current year.

Easterly Government Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.265 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $1.06 annualized dividend and a yield of 9.80%. Easterly Government Properties’s dividend payout ratio is currently 588.89%.

Insider Buying and Selling

In related news, CEO Darrell W. Crate bought 10,000 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were purchased at an average price of $10.91 per share, for a total transaction of $109,100.00. Following the completion of the transaction, the chief executive officer now directly owns 171,479 shares of the company’s stock, valued at approximately $1,870,835.89. This represents a 6.19 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 8.10% of the stock is owned by corporate insiders.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, 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.