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NYSE:DEA

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

Easterly Government Properties logo
$13.35
-0.21 (-1.55%)
(As of 11/1/2024 ET)

About Easterly Government Properties Stock (NYSE:DEA)

Key Stats

Today's Range
$13.33
$13.75
50-Day Range
$13.12
$14.48
52-Week Range
$10.62
$14.52
Volume
897,093 shs
Average Volume
869,046 shs
Market Capitalization
$1.38 billion
P/E Ratio
70.27
Dividend Yield
7.94%
Price Target
$14.50
Consensus Rating
Moderate Buy

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).

Easterly Government Properties Stock Analysis - MarketRank™

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35th Percentile Overall Score

DEA MarketRank™: 

Easterly Government Properties scored higher than 35% of companies evaluated by MarketBeat, and ranked 795th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Easterly Government Properties' stock forecast and price target.
  • Earnings Growth

    Earnings for Easterly Government Properties are expected to grow by 1.74% in the coming year, from $1.15 to $1.17 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Easterly Government Properties is 70.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.07.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Easterly Government Properties is 70.27, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 43.73.

  • Price to Book Value per Share Ratio

    Easterly Government Properties has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Easterly Government Properties' valuation and earnings.
  • Percentage of Shares Shorted

    2.40% 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 32.80%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Easterly Government Properties is a leading dividend payer. It pays a dividend yield of 7.70%, 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 557.92%. 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 90.60% in the coming year. This indicates that Easterly Government Properties may not be able to sustain their current dividend.

  • Read more about Easterly Government Properties' dividend.
  • Percentage of Shares Shorted

    2.40% 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 32.80%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Easterly Government Properties has a news sentiment score of -0.50. 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 0.52 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Easterly Government Properties this week, compared to 2 articles on an average week.
  • Search Interest

    Only 8 people have searched for DEA on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Easterly Government Properties to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.
  • 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.

  • Read more about Easterly Government Properties' insider trading history.
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DEA Stock News Headlines

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DEA Stock Analysis - Frequently Asked Questions

Easterly Government Properties' stock was trading at $13.44 at the start of the year. Since then, DEA shares have decreased by 0.7% and is now trading at $13.35.
View the best growth stocks for 2024 here
.

Easterly Government Properties, Inc. (NYSE:DEA) posted its quarterly earnings results on Tuesday, August, 8th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. The firm's revenue for the quarter was down 1.9% on a year-over-year basis.

Easterly Government Properties (DEA) raised $180 million in an initial public offering 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 served as the underwriters for the IPO and Piper Jaffray, PNC Capital Markets and SunTrust Robinson Humphrey were co-managers.

Easterly Government Properties' top institutional investors include Foresight Group Ltd Liability Partnership (1.10%), Gilman Hill Asset Management LLC (0.77%), Principal Financial Group Inc. (0.44%) and Xcel Wealth Management LLC (0.38%). Insiders that own company stock include Darrell W Crate and William C Trimble.
View institutional ownership trends
.

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.

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
8/08/2023
Ex-Dividend for 8/13 Dividend
8/01/2024
Dividend Payable
8/13/2024
Today
11/01/2024
Next Earnings (Confirmed)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
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
+8.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$18.80 million
Pretax Margin
7.02%

Debt

Sales & Book Value

Annual Sales
$287.23 million
Cash Flow
$1.05 per share
Book Value
$14.81 per share

Miscellaneous

Free Float
94,689,000
Market Cap
$1.38 billion
Optionable
Optionable
Beta
0.72
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This page (NYSE:DEA) was last updated on 11/2/2024 by MarketBeat.com Staff
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