Easterly Government Properties (NYSE:DEA – Get Free Report) issued an update on its FY 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.140-1.160 for the period, compared to the consensus earnings per share estimate of 1.150. The company issued revenue guidance of -. Easterly Government Properties also updated its FY24 guidance to $1.14-1.16 EPS.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Easterly Government Properties from a hold rating to a sell rating in a report on Wednesday, April 3rd.
Check Out Our Latest Stock Analysis on Easterly Government Properties
Easterly Government Properties Price Performance
Easterly Government Properties Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, May 9th will be given a dividend of $0.265 per share. The ex-dividend date is Wednesday, May 8th. This represents a $1.06 dividend on an annualized basis and a yield of 9.14%. Easterly Government Properties’s dividend payout ratio is currently 557.92%.
About Easterly Government Properties
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.
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