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

Easterly Government Properties (NYSE:DEA) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.170-1.210 for the period, compared to the consensus earnings per share estimate of 1.170. The company issued revenue guidance of -. Easterly Government Properties also updated its FY 2024 guidance to 1.150-1.170 EPS.

Easterly Government Properties Stock Performance

Easterly Government Properties stock traded down $0.26 during mid-day trading on Tuesday, reaching $13.22. 596,800 shares of the company traded hands, compared to its average volume of 867,873. Easterly Government Properties has a fifty-two week low of $10.62 and a fifty-two week high of $14.52. The firm’s fifty day moving average is $13.57 and its two-hundred day moving average is $12.92. The company has a debt-to-equity ratio of 1.02, a current ratio of 3.57 and a quick ratio of 3.57. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 70.79 and a beta of 0.72.

Easterly Government Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.265 per share. The ex-dividend date is Friday, November 15th. This represents a $1.06 annualized dividend and a yield of 8.02%. Easterly Government Properties’s payout ratio is presently 557.92%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DEA. Truist Financial lifted their target price on Easterly Government Properties from $13.00 to $14.00 and gave the stock a “hold” rating in a report on Thursday, August 29th. StockNews.com upgraded shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th. Finally, Jefferies Financial Group upgraded shares of Easterly Government Properties from a “hold” rating to a “buy” rating and increased their price objective for the stock from $13.00 to $15.00 in a research note on Monday, October 14th.

Easterly Government Properties Company Profile

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.