Easterly Government Properties (NYSE:DEA) Releases FY25 Earnings Guidance

Easterly Government Properties (NYSE:DEA) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.18 to $1.21 for the period, compared to the consensus EPS estimate of $1.19. Easterly Government Properties also updated its FY 2025 guidance to 1.180-1.210 EPS.

Easterly Government Properties Trading Up 0.2 %

NYSE DEA opened at $10.82 on Tuesday. The stock has a market capitalization of $1.14 billion, a P/E ratio of 60.08 and a beta of 0.70. Easterly Government Properties has a one year low of $10.45 and a one year high of $14.52. The company has a debt-to-equity ratio of 1.07, a current ratio of 4.01 and a quick ratio of 4.01. The business has a 50 day simple moving average of $11.17 and a 200 day simple moving average of $12.46.

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

Easterly Government Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Wednesday, March 5th will be issued a $0.265 dividend. The ex-dividend date 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%.

Analyst Ratings Changes

Several equities analysts have weighed in on DEA shares. Jefferies Financial Group dropped their price objective on Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, January 2nd. StockNews.com lowered shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a research report on Monday. Finally, Truist Financial decreased 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 report on Friday, December 6th.

Insider Buying and Selling at Easterly Government Properties

In other news, CEO Darrell W. Crate acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average price 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 in the company, valued at $1,870,835.89. The trade was a 6.19 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate 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.