Equities analysts expect Easterly Government Properties, Inc. (NYSE:DEA) to announce earnings per share (EPS) of $0.31 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Easterly Government Properties’ earnings. The lowest EPS estimate is $0.30 and the highest is $0.31. Easterly Government Properties reported earnings per share of $0.30 in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.3%. The company is expected to announce its next earnings report before the market opens on Tuesday, August 8th.

According to Zacks, analysts expect that Easterly Government Properties will report full-year earnings of $1.26 per share for the current year, with EPS estimates ranging from $1.25 to $1.27. For the next fiscal year, analysts expect that the company will post earnings of $1.37 per share, with EPS estimates ranging from $1.35 to $1.38. Zacks’ earnings per share averages are an average based on a survey of analysts that cover Easterly Government Properties.

Easterly Government Properties (NYSE:DEA) last released its quarterly earnings data on Tuesday, May 9th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by $0.28. The company had revenue of $29.89 million for the quarter, compared to analysts’ expectations of $28.14 million. Easterly Government Properties had a net margin of 3.46% and a return on equity of 0.56%. The business’s quarterly revenue was up 24.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.30 EPS.

Several brokerages have weighed in on DEA. Zacks Investment Research raised shares of Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. BidaskClub lowered shares of Easterly Government Properties from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $24.00 price objective on shares of Easterly Government Properties in a report on Monday, May 22nd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $22.13.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tributary Capital Management LLC raised its position in Easterly Government Properties by 11.9% in the second quarter. Tributary Capital Management LLC now owns 784,929 shares of the real estate investment trust’s stock valued at $16,444,000 after buying an additional 83,160 shares during the period. Dubuque Bank & Trust Co. raised its position in Easterly Government Properties by 8.7% in the second quarter. Dubuque Bank & Trust Co. now owns 11,697 shares of the real estate investment trust’s stock worth $245,000 after buying an additional 940 shares during the last quarter. First National Bank of Omaha raised its position in Easterly Government Properties by 0.9% in the second quarter. First National Bank of Omaha now owns 66,638 shares of the real estate investment trust’s stock worth $1,396,000 after buying an additional 575 shares during the last quarter. GW&K Investment Management LLC raised its position in Easterly Government Properties by 25.0% in the second quarter. GW&K Investment Management LLC now owns 867,441 shares of the real estate investment trust’s stock worth $18,173,000 after buying an additional 173,392 shares during the last quarter. Finally, Bank of Montreal Can raised its position in Easterly Government Properties by 146.8% in the second quarter. Bank of Montreal Can now owns 19,500 shares of the real estate investment trust’s stock worth $409,000 after buying an additional 11,600 shares during the last quarter. 91.56% of the stock is owned by institutional investors and hedge funds.

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Easterly Government Properties (DEA) traded down 0.05% during midday trading on Wednesday, hitting $20.07. The stock had a trading volume of 202,971 shares. The stock has a 50 day moving average of $20.74 and a 200 day moving average of $20.21. The stock has a market cap of $744.42 million, a price-to-earnings ratio of 182.45 and a beta of 0.60. Easterly Government Properties has a 12 month low of $17.94 and a 12 month high of $21.81.

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 29th. Stockholders of record on Wednesday, June 14th were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, June 12th. This is a positive change from Easterly Government Properties’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a dividend yield of 4.98%. Easterly Government Properties’s payout ratio is 1,000.10%.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc is an internally managed real estate investment trust (REIT). The Company focuses on the acquisition, development and management of Class A commercial properties that are leased to the United States Government agencies. The Company leases its properties to such agencies through the United States General Services Administration (GSA).

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Earnings History and Estimates for Easterly Government Properties (NYSE:DEA)

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