Easterly Government Properties (DEA) to Release Quarterly Earnings on Tuesday

Easterly Government Properties (NYSE:DEA) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Easterly Government Properties to post earnings of $0.07 per share and revenue of $79.49 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Easterly Government Properties Trading Down 0.8 %

NYSE:DEA opened at $10.63 on Tuesday. Easterly Government Properties has a 52 week low of $10.56 and a 52 week high of $14.52. The company has a debt-to-equity ratio of 1.07, a quick ratio of 4.01 and a current ratio of 4.01. The firm’s fifty day moving average is $11.28 and its 200-day moving average is $12.56. The firm has a market cap of $1.12 billion, a P/E ratio of 59.03 and a beta of 0.70.

Insider Activity

In other news, CEO Darrell W. Crate bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average cost of $10.91 per share, with a total value of $109,100.00. Following the transaction, the chief executive officer now directly owns 171,479 shares of the company’s stock, valued at approximately $1,870,835.89. This represents a 6.19 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 8.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DEA. StockNews.com upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Monday, January 27th. Jefferies Financial Group decreased their target price on Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, January 2nd. Finally, Truist Financial lowered their target price on Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, December 6th.

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.