Easterly Government Properties Core FFO, Revenue Rise
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2024
0mins
Should l Buy DEA?
Source: Business Insider
Financial Performance: Easterly Government Properties reported a third-quarter FFO of $30.63 million, slightly up from the previous year, while net income decreased to $4.86 million. Revenue increased to $74.78 million compared to $72.01 million last year.
Future Projections: For fiscal years 2024 and 2025, the company forecasts EPS and FFO per share growth, with expected EPS ranging from $0.22-$0.28 and FFO per share between $1.14-$1.20.
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Analyst Views on DEA
Wall Street analysts forecast DEA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DEA is 24.13 USD with a low forecast of 21.00 USD and a high forecast of 26.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
1 Buy
2 Hold
1 Sell
Hold
Current: 23.330
Low
21.00
Averages
24.13
High
26.50
Current: 23.330
Low
21.00
Averages
24.13
High
26.50
About DEA
Easterly Government Properties, Inc. is an internally managed real estate investment trust (REIT). It is focused primarily on the acquisition, development and management of Class A commercial properties that are leased to United States government agencies that serve essential functions. It leases its properties to such agencies either directly or through the United States General Services Administration (GSA). The operations of the Company are carried out primarily through Easterly Government Properties, LP (the Operating Partnership) and the wholly owned subsidiaries of the Operating Partnership. The Company owns, directly or through the joint venture, 103 properties totaling 10.3 million square feet. Its properties include VA - Loma Linda, JSC - Suffolk, Various GSA - Chicago, IRS - Fresno, FBI - Salt Lake, VA - San Jose, EPA - Lenexa, FBI - Tampa, FBI - San Antonio, FDA - Alameda, PTO - Arlington, FBI - Omaha, TREAS - Parkersburg, FDA - Lenexa, VA - South Bend, and DHS - Burlington.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Easterly Government Properties Schedules Q4 2025 Earnings Release
- Earnings Release Announcement: Easterly Government Properties, Inc. has announced that it will release its fourth quarter 2025 financial results on February 23, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Timing: The management team will hold a conference call at 11:00 AM Eastern Time on the same day to review fourth quarter performance and discuss recent events, aiming to enhance investor understanding of the company's operations.
- Participation Details: Attendees can register to receive dial-in numbers and a unique PIN to ask questions, reflecting the company's emphasis on investor engagement.
- Webcast and Replay Availability: The call will feature a live audio webcast and will be available for replay on the company's website for up to twelve months, ensuring that investors who cannot attend in real-time can still access critical information.
See More
Easterly Government Properties Schedules Q4 2025 Earnings Release
- Earnings Release Announcement: Easterly Government Properties, Inc. has announced that it will release its fourth quarter 2025 financial results on February 23, 2026, reflecting the company's commitment to transparency in the government property sector.
- Conference Call Details: The management team will hold a conference call at 11:00 AM Eastern Time on the same day to review fourth quarter performance and discuss recent events, enhancing interaction and communication with investors.
- Participation Registration: Attendees wishing to join the call can register to receive dial-in numbers and a unique PIN, ensuring that investors can smoothly participate in the Q&A session and improve information accessibility.
- Live Webcast and Replay: The call will be available via live audio webcast on Easterly's Investor Relations website, and a replay will be accessible on the company's website for up to twelve months, ensuring investors can access key information at their convenience.
See More
Real Estate Stocks Flash Overbought Warning
- Alexandria Real Estate: JP Morgan analyst maintains a Neutral rating on Alexandria Real Estate and lowers the price target from $65 to $63, despite the stock gaining 23% over the past month, with an RSI of 78.6 indicating overbought risk that may impact short-term performance.
- Easterly Government Properties: Easterly reported strong quarterly results on October 27, with the CEO highlighting consistent compounding growth; however, with an 11% stock gain over the past month and an RSI of 75, the overbought signal may affect investor confidence.
- Alpine Income Property Trust: On January 20, Alpine acquired a property in Aspen, Colorado for $10 million, and while the stock rose 11% in the past month, the RSI of 74.1 indicates an overbought condition that could lead to price volatility in the short term.
- Market Overview: Despite strong performances from these real estate stocks in the past month, high RSI values suggest potential adjustment risks in the market, prompting investors to carefully evaluate short-term investment decisions.
See More
Easterly Government Properties Announces 2025 Distribution Tax Characteristics
- Distribution Disclosure: Easterly Government Properties has announced the tax characteristics of its 2025 common stock distributions, with a total expected dividend of $2.0125 per share, of which 52.15% is ordinary taxable dividends, indicating stable cash flow and commitment to shareholder returns.
- Payment Schedule: The record and payment dates for the 2025 distributions are set for March 5 and 17, May 5 and 17, August 13 and 25, and November 7 and 20, ensuring timely returns for shareholders.
- Tax Reporting Format: The company will report taxes using Form 1099-DIV and encourages shareholders to consult their personal tax advisors for specific tax treatment, reflecting the company's commitment to compliance.
- Reverse Stock Split Impact: Per share data has been adjusted to reflect a 1-for-2.5 reverse stock split effective April 28, 2025, demonstrating strategic adjustments in capital structure aimed at enhancing shareholder value.
See More
Easterly Government Properties (DEA) Announces 2025 Distribution Tax Characteristics
- Dividend Overview: Easterly Government Properties announced a total distribution of $2.0125 per share for 2025, with ordinary taxable dividends comprising 52.15%, indicating the company's robust cash flow and shareholder return capacity.
- Payment Schedule: The 2025 distributions will be paid in four installments, with the first payment date on March 17 and the final on November 20, ensuring shareholders receive a steady income stream throughout the year.
- Tax Treatment Advisory: The company advises shareholders to consult their personal tax advisors regarding the specific tax treatment of the distributions, emphasizing the importance of tax compliance, which may influence shareholder investment decisions.
- Reverse Stock Split Impact: The 1-for-2.5 reverse stock split effective April 28, 2025, has adjusted per-share data, reflecting the company's strategic adjustments in capital structure aimed at enhancing shareholder value.
See More
Top Wall Street Analysts Share Insights on 3 High-Dividend Yield Real Estate Stocks
Investor Interest in Dividend Stocks: In uncertain market conditions, investors are increasingly drawn to dividend-yielding stocks, which typically feature high free cash flows and substantial payouts to shareholders.
RLJ Lodging Trust Updates: RLJ Lodging Trust has a dividend yield of 8.25%. Analysts have mixed ratings, with Truist maintaining a Hold rating and increasing the price target, while Keybanc has downgraded its target.
Easterly Government Properties Performance: Easterly Government Properties Inc offers a dividend yield of 8.23%. Analysts have issued a Hold rating, with one downgrading the stock and lowering the price target after positive quarterly results.
Highwoods Properties Acquisition: Highwoods Properties Inc, with a dividend yield of 7.53%, has agreed to acquire a property for $223 million, while analysts have mixed ratings and price target adjustments following recent performance updates.
See More
Easterly Government Properties Schedules Q4 2025 Earnings Release
- Earnings Release Announcement: Easterly Government Properties, Inc. has announced that it will release its fourth quarter 2025 financial results on February 23, 2026, demonstrating the company's commitment to transparency and investor communication.
- Conference Call Timing: The management team will hold a conference call at 11:00 AM Eastern Time on the same day to review fourth quarter performance and discuss recent events, aiming to enhance investor understanding of the company's operations.
- Participation Details: Attendees can register to receive dial-in numbers and a unique PIN to ask questions, reflecting the company's emphasis on investor engagement.
- Webcast and Replay Availability: The call will feature a live audio webcast and will be available for replay on the company's website for up to twelve months, ensuring that investors who cannot attend in real-time can still access critical information.
See More
Easterly Government Properties Schedules Q4 2025 Earnings Release
- Earnings Release Announcement: Easterly Government Properties, Inc. has announced that it will release its fourth quarter 2025 financial results on February 23, 2026, reflecting the company's commitment to transparency in the government property sector.
- Conference Call Details: The management team will hold a conference call at 11:00 AM Eastern Time on the same day to review fourth quarter performance and discuss recent events, enhancing interaction and communication with investors.
- Participation Registration: Attendees wishing to join the call can register to receive dial-in numbers and a unique PIN, ensuring that investors can smoothly participate in the Q&A session and improve information accessibility.
- Live Webcast and Replay: The call will be available via live audio webcast on Easterly's Investor Relations website, and a replay will be accessible on the company's website for up to twelve months, ensuring investors can access key information at their convenience.
See More
Real Estate Stocks Flash Overbought Warning
- Alexandria Real Estate: JP Morgan analyst maintains a Neutral rating on Alexandria Real Estate and lowers the price target from $65 to $63, despite the stock gaining 23% over the past month, with an RSI of 78.6 indicating overbought risk that may impact short-term performance.
- Easterly Government Properties: Easterly reported strong quarterly results on October 27, with the CEO highlighting consistent compounding growth; however, with an 11% stock gain over the past month and an RSI of 75, the overbought signal may affect investor confidence.
- Alpine Income Property Trust: On January 20, Alpine acquired a property in Aspen, Colorado for $10 million, and while the stock rose 11% in the past month, the RSI of 74.1 indicates an overbought condition that could lead to price volatility in the short term.
- Market Overview: Despite strong performances from these real estate stocks in the past month, high RSI values suggest potential adjustment risks in the market, prompting investors to carefully evaluate short-term investment decisions.
See More
Easterly Government Properties Announces 2025 Distribution Tax Characteristics
- Distribution Disclosure: Easterly Government Properties has announced the tax characteristics of its 2025 common stock distributions, with a total expected dividend of $2.0125 per share, of which 52.15% is ordinary taxable dividends, indicating stable cash flow and commitment to shareholder returns.
- Payment Schedule: The record and payment dates for the 2025 distributions are set for March 5 and 17, May 5 and 17, August 13 and 25, and November 7 and 20, ensuring timely returns for shareholders.
- Tax Reporting Format: The company will report taxes using Form 1099-DIV and encourages shareholders to consult their personal tax advisors for specific tax treatment, reflecting the company's commitment to compliance.
- Reverse Stock Split Impact: Per share data has been adjusted to reflect a 1-for-2.5 reverse stock split effective April 28, 2025, demonstrating strategic adjustments in capital structure aimed at enhancing shareholder value.
See More
Easterly Government Properties (DEA) Announces 2025 Distribution Tax Characteristics
- Dividend Overview: Easterly Government Properties announced a total distribution of $2.0125 per share for 2025, with ordinary taxable dividends comprising 52.15%, indicating the company's robust cash flow and shareholder return capacity.
- Payment Schedule: The 2025 distributions will be paid in four installments, with the first payment date on March 17 and the final on November 20, ensuring shareholders receive a steady income stream throughout the year.
- Tax Treatment Advisory: The company advises shareholders to consult their personal tax advisors regarding the specific tax treatment of the distributions, emphasizing the importance of tax compliance, which may influence shareholder investment decisions.
- Reverse Stock Split Impact: The 1-for-2.5 reverse stock split effective April 28, 2025, has adjusted per-share data, reflecting the company's strategic adjustments in capital structure aimed at enhancing shareholder value.
See More
Top Wall Street Analysts Share Insights on 3 High-Dividend Yield Real Estate Stocks
Investor Interest in Dividend Stocks: In uncertain market conditions, investors are increasingly drawn to dividend-yielding stocks, which typically feature high free cash flows and substantial payouts to shareholders.
RLJ Lodging Trust Updates: RLJ Lodging Trust has a dividend yield of 8.25%. Analysts have mixed ratings, with Truist maintaining a Hold rating and increasing the price target, while Keybanc has downgraded its target.
Easterly Government Properties Performance: Easterly Government Properties Inc offers a dividend yield of 8.23%. Analysts have issued a Hold rating, with one downgrading the stock and lowering the price target after positive quarterly results.
Highwoods Properties Acquisition: Highwoods Properties Inc, with a dividend yield of 7.53%, has agreed to acquire a property for $223 million, while analysts have mixed ratings and price target adjustments following recent performance updates.
See More
