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

Easterly Government Properties (NYSE:DEA) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DEA shares. Jefferies Financial Group initiated coverage on Easterly Government Properties in a report on Monday, March 17th. They issued a “buy” rating and a $13.00 price objective on the stock. Compass Point restated a “neutral” rating and issued a $9.50 price objective (down previously from $15.00) on shares of Easterly Government Properties in a report on Thursday, April 10th. Royal Bank of Canada dropped their target price on shares of Easterly Government Properties from $12.00 to $11.00 and set an “underperform” rating for the company in a report on Monday, March 10th. Finally, StockNews.com upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $11.63.

Easterly Government Properties Price Performance

Easterly Government Properties stock opened at $8.30 on Wednesday. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 1.07. The stock has a market cap of $895.62 million, a P/E ratio of 46.08 and a beta of 0.87. The company has a 50-day moving average price of $10.40 and a 200 day moving average price of $11.64. Easterly Government Properties has a 12-month low of $7.79 and a 12-month high of $14.53.

Easterly Government Properties’s stock is set to reverse split before the market opens on Monday, April 28th. The 2-5 reverse split was announced on Wednesday, April 9th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, April 25th.

Easterly Government Properties (NYSE:DEA) last issued its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $78.25 million for the quarter, compared to analyst estimates of $79.49 million. During the same period in the previous year, the firm earned $0.28 EPS. Easterly Government Properties’s revenue was up 7.8% on a year-over-year basis. Sell-side analysts anticipate that Easterly Government Properties will post 1.17 earnings per share for the current year.

Easterly Government Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th were given a dividend of $0.265 per share. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $1.06 annualized dividend and a dividend yield of 12.78%. Easterly Government Properties’s dividend payout ratio is currently 378.95%.

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.