Easterly Government Properties (DEA) to Release Earnings on Tuesday

Easterly Government Properties (NYSE:DEA) is expected to issue its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $79.49 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Easterly Government Properties Trading Up 1.0 %

Shares of DEA stock opened at $10.80 on Friday. The firm has a market capitalization of $1.14 billion, a P/E ratio of 59.97 and a beta of 0.70. Easterly Government Properties has a twelve month low of $10.45 and a twelve month high of $14.52. 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 stock’s fifty day simple moving average is $11.19 and its 200 day simple moving average is $12.49.

Easterly Government Properties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 9.82%. The ex-dividend date is Wednesday, March 5th. Easterly Government Properties’s payout ratio is presently 588.89%.

Analysts Set New Price Targets

DEA has been the topic of several recent research reports. Jefferies Financial Group cut their target price on Easterly Government Properties from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Thursday, January 2nd. StockNews.com upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Monday, January 27th. Finally, Truist Financial decreased their price target on Easterly Government Properties from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, December 6th.

Insider Transactions at Easterly Government Properties

In other Easterly Government Properties news, CEO Darrell W. Crate acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average price of $10.91 per share, with a total value of $109,100.00. Following the completion of the purchase, the chief executive officer now owns 171,479 shares of the company’s stock, 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 legal filing with the SEC, which is available through this link. Corporate insiders own 8.10% of the company’s stock.

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.