Easterly Government Properties (NYSE:DEA) Updates 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 -.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DEA. StockNews.com downgraded shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Monday. Truist Financial cut their price objective on shares of Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, December 6th. Finally, Jefferies Financial Group dropped 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 report on Thursday, January 2nd.

Easterly Government Properties Stock Up 0.2 %

Shares of DEA stock opened at $10.82 on Tuesday. The company’s fifty day simple moving average is $11.17 and its two-hundred day simple moving average is $12.46. 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 cap of $1.14 billion, a P/E ratio of 60.08 and a beta of 0.70. Easterly Government Properties has a 52 week low of $10.45 and a 52 week high of $14.52.

Easterly Government Properties Announces Dividend

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

Insider Activity

In other Easterly Government Properties news, CEO Darrell W. Crate acquired 10,000 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were purchased at an average cost of $10.91 per share, for a total transaction of $109,100.00. Following the completion of the purchase, the chief executive officer now owns 171,479 shares in the company, valued at approximately $1,870,835.89. This trade represents a 6.19 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 8.10% of the company’s stock.

About Easterly Government Properties

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.