Easterly Government Properties (NYSE:DEA) Updates FY 2026 Earnings Guidance

Easterly Government Properties (NYSE:DEA) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 3.070-3.130 for the period, compared to the consensus earnings per share estimate of 3.100. The company issued revenue guidance of -.

Easterly Government Properties Trading Up 3.8%

DEA opened at $25.28 on Tuesday. The company has a debt-to-equity ratio of 1.26, a current ratio of 4.01 and a quick ratio of 4.01. Easterly Government Properties has a fifty-two week low of $20.56 and a fifty-two week high of $25.96. The firm has a 50 day simple moving average of $24.50 and a 200 day simple moving average of $23.54. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 105.34 and a beta of 0.96.

Easterly Government Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Monday, August 10th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Monday, August 10th. Easterly Government Properties’s dividend payout ratio (DPR) is currently 750.00%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DEA. Wall Street Zen cut shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. BMO Capital Markets reiterated a “market perform” rating and issued a $27.00 price target (up from $25.00) on shares of Easterly Government Properties in a research report on Monday. Finally, Weiss Ratings raised shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Easterly Government Properties has an average rating of “Hold” and a consensus price target of $23.89.

Key Stories Impacting Easterly Government Properties

Here are the key news stories impacting Easterly Government Properties this week:

• Positive Sentiment: Second-quarter results exceeded expectations. Easterly reported revenue of $92.42 million, above the $90.94 million consensus estimate, while revenue increased 9.8% year over year. Earnings coverage also characterized the quarter as ahead of forecasts, although reported EPS figures vary by source and may reflect different accounting or adjusted measures. Easterly Government Properties Reports Second Quarter 2026 Results
• Positive Sentiment: Full-year core FFO guidance was raised. Management now expects 2026 core FFO of $3.07 to $3.13 per share, compared with the $3.10 analyst consensus. The updated range signals continued confidence in cash-flow generation and is a key positive for a REIT valued primarily on funds from operations and dividend sustainability. Easterly Government Properties raises 2026 core FFO guidance
• Positive Sentiment: A $1.5 billion investment pipeline provides a potential growth catalyst. The company is emphasizing acquisitions and development focused on properties leased to the U.S. government and related agencies, which could expand the portfolio and support future FFO growth if transactions are executed attractively.
• Neutral Sentiment: Investor reaction is tempered by valuation and execution concerns. Analysis described the quarter as somewhat disappointing despite arguing that DEA remains too inexpensive to downgrade. With a high reported P/E ratio and shares close to their 12-month high, additional gains may depend on successful deployment of the pipeline and continued improvement in operating performance. Easterly Government Properties analysis
• Negative Sentiment: REIT-specific risks remain. Easterly’s debt-to-equity ratio of 1.26 leaves the company exposed to interest rates and refinancing costs, while its low net margin and reliance on government-related tenants could limit upside if financing conditions deteriorate or acquisition activity slows.

Hedge Funds Weigh In On Easterly Government Properties

Institutional investors have recently made changes to their positions in the stock. Millennium Management LLC grew its holdings in shares of Easterly Government Properties by 1,759.2% in the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock valued at $10,602,000 after acquiring an additional 946,381 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Easterly Government Properties by 92.4% during the fourth quarter. JPMorgan Chase & Co. now owns 488,303 shares of the real estate investment trust’s stock valued at $10,347,000 after purchasing an additional 234,517 shares during the period. Kestra Advisory Services LLC increased its position in Easterly Government Properties by 92.2% in the fourth quarter. Kestra Advisory Services LLC now owns 232,350 shares of the real estate investment trust’s stock worth $4,923,000 after buying an additional 111,447 shares during the last quarter. AXA S.A. purchased a new position in shares of Easterly Government Properties during the 2nd quarter valued at $2,084,000. Finally, Jane Street Group LLC grew its stake in Easterly Government Properties by 271.5% in the 1st quarter. Jane Street Group LLC now owns 115,677 shares of the real estate investment trust’s stock valued at $1,226,000 after buying an additional 84,536 shares in the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.