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 earnings per share guidance of 1.180-1.210 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

DEA has been the subject of several research analyst reports. Jefferies Financial Group dropped their price objective 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. StockNews.com lowered shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research note on Monday. Finally, Truist Financial lowered their price target 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.

Easterly Government Properties Trading Up 5.6 %

NYSE DEA traded up $0.61 on Tuesday, reaching $11.41. The company had a trading volume of 859,319 shares, compared to its average volume of 1,222,596. Easterly Government Properties has a 52 week low of $10.45 and a 52 week high of $14.52. The stock’s 50 day moving average is $11.17 and its 200-day 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 $1.21 billion, a price-to-earnings ratio of 63.31 and a beta of 0.70.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating 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 the consensus estimate of $79.49 million. During the same period last year, the company posted $0.28 EPS. Easterly Government Properties’s revenue for the quarter was up 7.8% on a year-over-year basis. Equities analysts predict that Easterly Government Properties will post 1.17 earnings per share for the current year.

Easterly Government Properties Announces Dividend

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

Insider Buying and Selling at Easterly Government Properties

In other news, CEO Darrell W. Crate purchased 10,000 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were purchased at an average cost of $10.91 per share, with a total value of $109,100.00. Following the completion of the transaction, the chief executive officer now owns 171,479 shares of the company’s stock, valued at $1,870,835.89. The trade was a 6.19 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company 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.