Easterly Government Properties (NYSE:DEA) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Easterly Government Properties (NYSE:DEA) from a sell rating to a hold rating in a research note issued to investors on Saturday morning.

Other equities research analysts have also recently issued research reports about the company. BMO Capital Markets restated a “market perform” rating and set a $27.00 target price (up from $25.00) on shares of Easterly Government Properties in a research note on Monday, August 3rd. Citigroup reiterated a “neutral” rating and issued a $25.00 price target (up from $23.00) on shares of Easterly Government Properties in a research note on Friday. Finally, Weiss Ratings raised shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $24.07.

Easterly Government Properties Stock Down 4.1%

Easterly Government Properties stock opened at $23.94 on Friday. Easterly Government Properties has a 1-year low of $20.56 and a 1-year high of $25.96. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.88 and a quick ratio of 3.88. The stock has a market cap of $1.13 billion, a PE ratio of 114.01 and a beta of 0.96. The stock’s fifty day moving average is $24.59 and its two-hundred day moving average is $23.61.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06. Easterly Government Properties had a return on equity of 0.75% and a net margin of 2.86%.The company had revenue of $92.42 million during the quarter, compared to the consensus estimate of $90.94 million. During the same period in the previous year, the business earned $0.74 EPS. Easterly Government Properties’s revenue for the quarter was up 9.8% on a year-over-year basis. Easterly Government Properties has set its FY 2026 guidance at 3.070-3.130 EPS. On average, sell-side analysts expect that Easterly Government Properties will post 3.1 EPS for the current fiscal year.

Easterly Government Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Monday, August 10th will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.5%. Easterly Government Properties’s dividend payout ratio is 857.14%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DEA. AQR Capital Management LLC boosted its holdings in shares of Easterly Government Properties by 197.5% in the first quarter. AQR Capital Management LLC now owns 95,596 shares of the real estate investment trust’s stock valued at $1,013,000 after acquiring an additional 63,463 shares during the period. Millennium Management LLC grew its position in shares of Easterly Government Properties by 1,759.2% during the first quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock worth $10,602,000 after acquiring an additional 946,381 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Easterly Government Properties by 12,846.9% in the 1st quarter. NewEdge Advisors LLC now owns 10,487 shares of the real estate investment trust’s stock valued at $111,000 after acquiring an additional 10,406 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Easterly Government Properties by 1.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 714,042 shares of the real estate investment trust’s stock valued at $7,569,000 after acquiring an additional 7,785 shares during the period. Finally, Jane Street Group LLC raised its position in Easterly Government Properties by 271.5% in the 1st quarter. Jane Street Group LLC now owns 115,677 shares of the real estate investment trust’s stock valued at $1,226,000 after purchasing an additional 84,536 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.