Easterly Government Properties, Inc. (NYSE:DEA) Receives $23.49 Consensus Target Price from Analysts

Easterly Government Properties, Inc. (NYSE:DEA) has earned an average rating of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $23.49.

A number of equities analysts have weighed in on DEA shares. Wall Street Zen upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Weiss Ratings raised shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 6th. Truist Financial dropped their price target on shares of Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Finally, Royal Bank Of Canada raised their price objective on shares of Easterly Government Properties from $21.00 to $22.00 and gave the stock an “underperform” rating in a report on Monday, March 2nd.

Hedge Funds Weigh In On Easterly Government Properties

Hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its holdings in Easterly Government Properties by 215.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 772 shares in the last quarter. Parallel Advisors LLC boosted its stake in Easterly Government Properties by 318.2% in the 3rd quarter. Parallel Advisors LLC now owns 1,334 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 1,015 shares during the period. Colonial Trust Co SC purchased a new position in Easterly Government Properties during the 4th quarter valued at about $34,000. Allworth Financial LP grew its holdings in Easterly Government Properties by 223.9% during the 2nd quarter. Allworth Financial LP now owns 1,778 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,229 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Easterly Government Properties by 237.9% during the third quarter. US Bancorp DE now owns 1,757 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 1,237 shares during the period. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Easterly Government Properties Stock Performance

Shares of DEA opened at $21.41 on Monday. The firm has a market cap of $992.40 million, a PE ratio of 76.47 and a beta of 0.96. The stock’s fifty day moving average price is $23.06 and its two-hundred day moving average price is $22.36. The company has a debt-to-equity ratio of 1.22, a current ratio of 3.87 and a quick ratio of 3.87. Easterly Government Properties has a 1 year low of $19.33 and a 1 year high of $26.72.

Easterly Government Properties (NYSE:DEA) last posted its quarterly earnings results on Monday, February 23rd. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.67). Easterly Government Properties had a return on equity of 0.94% and a net margin of 3.87%.The firm had revenue of $87.04 million for the quarter, compared to the consensus estimate of $87.73 million. During the same quarter in the previous year, the company posted $0.29 EPS. The firm’s revenue was up 11.1% compared to the same quarter last year. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS. On average, equities research analysts forecast that Easterly Government Properties will post 1.17 EPS for the current year.

Easterly Government Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th were given a dividend of $0.45 per share. The ex-dividend date was Thursday, March 5th. This represents a $1.80 annualized dividend and a dividend yield of 8.4%. Easterly Government Properties’s dividend payout ratio is currently 642.86%.

About Easterly Government Properties

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.