Easterly Government Properties (NYSE:DEA) Raised to “Hold” at Wall Street Zen

Easterly Government Properties (NYSE:DEA) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other equities research analysts have also recently commented on the company. Truist Financial cut their price target on Easterly Government Properties from $25.00 to $24.00 and set a “hold” rating for the company in a research note on Monday, November 24th. New Street Research set a $20.00 price objective on shares of Easterly Government Properties in a research note on Monday, October 13th. Compass Point set a $26.45 target price on shares of Easterly Government Properties and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, Weiss Ratings raised shares of Easterly Government Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $24.99.

Easterly Government Properties Price Performance

Shares of DEA opened at $22.36 on Friday. Easterly Government Properties has a fifty-two week low of $19.33 and a fifty-two week high of $29.74. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 73.30 and a beta of 0.96. The firm has a 50-day simple moving average of $21.58 and a 200-day simple moving average of $22.20. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.47 and a current ratio of 3.47.

Easterly Government Properties (NYSE:DEA) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $0.76 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.76. The firm had revenue of $86.15 million for the quarter, compared to analysts’ expectations of $84.82 million. Easterly Government Properties had a return on equity of 1.00% and a net margin of 4.24%.The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 EPS. Easterly Government Properties has set its FY 2026 guidance at 3.050-3.120 EPS and its FY 2025 guidance at 2.980-3.020 EPS. On average, equities research analysts anticipate that Easterly Government Properties will post 1.17 earnings per share for the current year.

Hedge Funds Weigh In On Easterly Government Properties

Several hedge funds have recently bought and sold shares of DEA. Arizona State Retirement System raised its holdings in Easterly Government Properties by 5.4% during the third quarter. Arizona State Retirement System now owns 12,623 shares of the real estate investment trust’s stock worth $289,000 after purchasing an additional 651 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Easterly Government Properties by 215.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,130 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 772 shares in the last quarter. Abundance Wealth Counselors raised its stake in shares of Easterly Government Properties by 2.3% during the 3rd quarter. Abundance Wealth Counselors now owns 35,030 shares of the real estate investment trust’s stock worth $803,000 after buying an additional 791 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Easterly Government Properties by 0.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 104,660 shares of the real estate investment trust’s stock worth $2,400,000 after buying an additional 836 shares in the last quarter. Finally, Allworth Financial LP grew its stake in Easterly Government Properties by 47.5% in the 3rd quarter. Allworth Financial LP now owns 2,622 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 844 shares during the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

Easterly Government Properties Company Profile

Easterly Government Properties, Inc is a real estate investment trust that specializes in the acquisition, development and management of commercial properties leased to U.S. government agencies. Structured as a triple-net lease REIT, the company focuses on single-tenant assets with long-term, credit-backed leases that transfer most property-level responsibilities—including taxes, insurance and maintenance—to its government tenants.

The firm’s portfolio encompasses a variety of facility types, including office buildings, training centers, laboratories and mission-critical installations used by federal agencies.