Easterly Government Properties (NYSE:DEA) Issues FY 2025 Earnings Guidance

Easterly Government Properties (NYSE:DEA) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.180-1.210 for the period, compared to the consensus EPS estimate of 1.200. The company issued revenue guidance of -. Easterly Government Properties also updated its FY25 guidance to $1.18 to $1.21 EPS.

Easterly Government Properties Stock Performance

NYSE:DEA opened at $11.39 on Wednesday. The stock has a market cap of $1.20 billion, a P/E ratio of 63.01 and a beta of 0.70. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 1.07. The business’s 50-day moving average price is $11.17 and its two-hundred day moving average price is $12.45. Easterly Government Properties has a twelve month low of $10.45 and a twelve month high of $14.52.

Easterly Government Properties (NYSE:DEA) last announced its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.22. The business had revenue of $78.25 million for the quarter, compared to the consensus estimate of $79.49 million. Easterly Government Properties had a net margin of 6.25% and a return on equity of 1.34%. Easterly Government Properties’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $0.28 earnings per share. As a group, equities analysts predict that Easterly Government Properties will post 1.17 EPS for the current fiscal year.

Easterly Government Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.265 per share. The ex-dividend date is Wednesday, March 5th. This represents a $1.06 annualized dividend and a yield of 9.31%. Easterly Government Properties’s payout ratio is 588.89%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DEA shares. Jefferies Financial Group lowered 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. Truist Financial decreased their target price on shares of Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, December 6th. Finally, StockNews.com downgraded Easterly Government Properties from a “hold” rating to a “sell” rating in a report on Monday.

Insider Activity at Easterly Government Properties

In related news, CEO Darrell W. Crate purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average cost of $10.91 per share, with a total value of $109,100.00. Following the completion of the purchase, the chief executive officer now directly owns 171,479 shares in the company, valued at approximately $1,870,835.89. This represents a 6.19 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 8.10% of the stock is currently owned by company insiders.

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.