Easterly Government Properties (DEA) Stock Price, News & Analysis

Company Overview

Easterly Government Properties, Inc. (NYSE: DEA) is based in Washington, D.C., 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. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).

Key Stats

• Today's Range: $11.93 to $12.18
• 50-Day Range: $11.99 to $14.48
• 52-Week Range: $10.94 to $14.52
• Volume: 1.47 million shs
• Average Volume: 1.31 million shs
• Market Capitalization: $1.29 billion
• P/E Ratio: 67.67
• Dividend Yield: 8.70%
• Price Target: $14.50
• Consensus Rating: Moderate Buy

Easterly Government Properties Stock Analysis - MarketRank™

Easterly Government Properties scored higher than 55% of companies evaluated by MarketBeat, and ranked 577th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Easterly Government Properties has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Easterly Government Properties has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.48%

Earnings Growth

Earnings for Easterly Government Properties are expected to grow by 3.48% in the coming year, from $1.15 to $1.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Easterly Government Properties is 67.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Easterly Government Properties is 67.64, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 49.60.

Price to Book Value per Share Ratio

Easterly Government Properties has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.38% of the outstanding shares of Easterly Government Properties have been sold short.

Short Interest Ratio / Days to Cover

Easterly Government Properties has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Easterly Government Properties has recently increased by 1.62%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Easterly Government Properties is a leading dividend payer. It pays a dividend yield of 8.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Easterly Government Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Easterly Government Properties is 588.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Easterly Government Properties will have a dividend payout ratio of 89.08% in the coming year. This indicates that Easterly Government Properties may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.38% of the outstanding shares of Easterly Government Properties have been sold short.

Short Interest Ratio / Days to Cover

Easterly Government Properties has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Easterly Government Properties has recently increased by 1.62%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.64

News Sentiment

Easterly Government Properties has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Easterly Government Properties this week, compared to 3 articles on an average week.

Search Interest

Only 7 people have searched for DEA on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Easterly Government Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Easterly Government Properties insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.10% of the stock of Easterly Government Properties is held by insiders.

Percentage Held by Institutions

86.51% of the stock of Easterly Government Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DEA Stock Analysis - Frequently Asked Questions

How have DEA shares performed this year?

Easterly Government Properties' stock was trading at $13.44 on January 1st, 2024. Since then, DEA shares have decreased by 9.4% and is now trading at $12.1750.
View the best growth stocks for 2024 here.

How were Easterly Government Properties' earnings last quarter?

Easterly Government Properties, Inc. (NYSE:DEA) posted its quarterly earnings data on Tuesday, November, 5th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.24. The company's revenue was up 3.8% on a year-over-year basis.

When did Easterly Government Properties IPO?

Easterly Government Properties (DEA) raised $180 million in an initial public offering (IPO) on Friday, February 6th 2015. The company issued 12,000,000 shares at $14.00-$16.00 per share. Citigroup, Raymond James and RBC Capital Markets acted as the underwriters for the IPO and Piper Jaffray, PNC Capital Markets and SunTrust Robinson Humphrey were co-managers.

Who are Easterly Government Properties' major shareholders?

Top institutional shareholders of Easterly Government Properties include State Street Corp (5.53%), Geode Capital Management LLC (2.42%), Victory Capital Management Inc. (1.88%) and Charles Schwab Investment Management Inc. (1.81%). Insiders that own company stock include Darrell W Crate and William C Trimble.
View institutional ownership trends.

How do I buy shares of Easterly Government Properties?

Shares of DEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Easterly Government Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Easterly Government Properties investors own include American Water Works (AWK), DiamondRock Hospitality (DRH), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/05/2024
• Ex-Dividend for 11/27 Dividend: 11/15/2024
• Today: 11/21/2024
• Dividend Payable: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: N/A
• Current Symbol: NYSE:DEA
• CUSIP: N/A
• CIK: 1622194
• Web: www.easterlyreit.com
• Phone: (202) 595-9500
• Fax: N/A
• Employees: 56
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.50
• High Stock Price Target: $15.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +19.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.18
• Trailing P/E Ratio: 67.64
• Forward P/E Ratio: 10.59
• P/E Growth: N/A
• Net Income: $18.80 million
• Net Margins: 6.25%
• Pretax Margin: 6.62%
• Return on Equity: 1.34%
• Return on Assets: 0.62%

Debt

• Debt-to-Equity Ratio: 1.07
• Current Ratio: 4.01
• Quick Ratio: 4.01

Sales & Book Value

• Annual Sales: $287.23 million
• Price / Sales: 4.48
• Cash Flow: $1.09 per share
• Price / Cash Flow: 11.14
• Book Value: $13.07 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 105,670,000
• Free Float: 97,110,000
• Market Cap: $1.29 billion
• Optionable: Optionable
• Beta: 0.72