Easterly Government Properties (NYSE:DEA) Releases FY 2025 Earnings Guidance

Easterly Government Properties (NYSE:DEA) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.180-1.210 for the period, compared to the consensus EPS estimate of 1.200. The company issued revenue guidance of -. Easterly Government Properties also updated its FY25 guidance to $1.18 to $1.21 EPS.

Analyst Upgrades and Downgrades

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

Easterly Government Properties Stock Performance

Shares of DEA stock traded up $0.61 during trading hours on Tuesday, reaching $11.41. 859,319 shares of the company’s stock were exchanged, compared to its average volume of 1,222,596. Easterly Government Properties has a fifty-two week low of $10.45 and a fifty-two week high of $14.52. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $1.21 billion, a P/E ratio of 63.31 and a beta of 0.70. The business has a fifty day moving average price of $11.17 and a 200-day moving average price of $12.46.

Easterly Government Properties (NYSE:DEA) last announced its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.22. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. The business had revenue of $78.25 million for the quarter, compared to analyst estimates of $79.49 million. During the same quarter in the previous year, the firm posted $0.28 earnings per share. Easterly Government Properties’s revenue was up 7.8% compared to the same quarter last year. Analysts predict that Easterly Government Properties will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Wednesday, March 5th will be paid a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 9.29%. The ex-dividend date of this dividend is Wednesday, March 5th. Easterly Government Properties’s payout ratio is presently 588.89%.

Insider Activity at Easterly Government Properties

In other Easterly Government Properties news, CEO Darrell W. Crate acquired 10,000 shares of Easterly Government Properties stock in a transaction dated Monday, December 23rd. The stock was bought at an average cost of $10.91 per share, with a total value of $109,100.00. Following the acquisition, the chief executive officer now owns 171,479 shares of the company’s stock, valued at approximately $1,870,835.89. The trade was a 6.19 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 8.10% of the company’s stock.

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.