Brokerages Set Easterly Government Properties, Inc. (NYSE:DEA) PT at $25.06

Shares of Easterly Government Properties, Inc. (NYSE:DEA) have received an average rating of “Hold” from the seven ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $25.0643.

DEA has been the topic of a number of analyst reports. Wall Street Zen upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Easterly Government Properties in a research report on Monday, August 24th. Raymond James Financial reiterated an “outperform” rating and issued a $27.00 target price on shares of Easterly Government Properties in a research note on Thursday, August 13th. Royal Bank Of Canada restated an “underperform” rating and issued a $24.00 price target (up from $22.00) on shares of Easterly Government Properties in a report on Monday, August 24th. Finally, Truist Financial boosted their price objective on shares of Easterly Government Properties from $24.00 to $26.00 and gave the stock a “hold” rating in a research note on Thursday, August 27th.

Institutional Investors Weigh In On Easterly Government Properties

A number of large investors have recently modified their holdings of DEA. Dimensional Fund Advisors LP grew its position in Easterly Government Properties by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 601,221 shares of the real estate investment trust’s stock worth $12,885,000 after purchasing an additional 4,832 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in shares of Easterly Government Properties during the fourth quarter valued at $8,409,000. Bank of New York Mellon Corp acquired a new position in shares of Easterly Government Properties in the 2nd quarter valued at $7,237,000. Kestra Advisory Services LLC raised its stake in Easterly Government Properties by 6.4% in the 1st quarter. Kestra Advisory Services LLC now owns 247,106 shares of the real estate investment trust’s stock worth $5,295,000 after acquiring an additional 14,756 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in Easterly Government Properties by 25.0% in the 1st quarter. First Trust Advisors LP now owns 172,030 shares of the real estate investment trust’s stock worth $3,687,000 after acquiring an additional 34,430 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Easterly Government Properties Price Performance

Easterly Government Properties stock opened at $23.34 on Monday. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 111.14 and a beta of 0.98. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.88 and a quick ratio of 3.88. Easterly Government Properties has a 1 year low of $20.56 and a 1 year high of $25.96. The firm has a 50-day moving average of $24.61 and a two-hundred day moving average of $23.74.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. The firm had revenue of $92.42 million during the quarter, compared to analyst estimates of $90.94 million. Easterly Government Properties had a return on equity of 0.75% and a net margin of 2.86%.Easterly Government Properties’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.74 earnings per share. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. On average, research analysts forecast that Easterly Government Properties will post 3.09 earnings per share for the current year.

Easterly Government Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Monday, August 10th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend was Monday, August 10th. Easterly Government Properties’s payout ratio is currently 857.14%.

About Easterly Government Properties

Easterly Government Properties, Inc (NYSE:DEA) is a real estate investment trust focused on acquiring, developing, owning and managing office properties leased primarily to the U.S. government and its agencies. The company targets properties that support essential government functions and typically seeks locations with strong tenant demand, long-term leases and specialized infrastructure.

Its portfolio includes office and other facilities occupied by federal agencies, including healthcare-related and mission-critical government users.