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

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

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

Easterly Government Properties Stock Performance

NYSE:DEA opened at $22.36 on Friday. The stock has a fifty day moving average price of $21.58 and a 200-day moving average price of $22.20. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 73.30 and a beta of 0.96. 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 has a fifty-two week low of $19.33 and a fifty-two week high of $29.74.

Easterly Government Properties (NYSE:DEA) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $0.76 EPS for the quarter, hitting analysts’ consensus estimates of $0.76. The company 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%.Easterly Government Properties’s revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the business earned $0.30 earnings per share. 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. As a group, equities analysts anticipate that Easterly Government Properties will post 1.17 EPS for the current fiscal year.

Institutional Trading of Easterly Government Properties

Hedge funds and other institutional investors have recently modified their holdings of the stock. Millennium Management LLC boosted its holdings in shares of Easterly Government Properties by 1,759.2% during the 1st quarter. Millennium Management LLC now owns 1,000,176 shares of the real estate investment trust’s stock valued at $10,602,000 after acquiring an additional 946,381 shares in the last quarter. Invesco Ltd. increased its holdings in Easterly Government Properties by 7.0% in the 3rd quarter. Invesco Ltd. now owns 814,762 shares of the real estate investment trust’s stock worth $18,682,000 after purchasing an additional 53,449 shares in the last quarter. Victory Capital Management Inc. raised its position in Easterly Government Properties by 4.7% in the third quarter. Victory Capital Management Inc. now owns 742,173 shares of the real estate investment trust’s stock valued at $17,018,000 after purchasing an additional 33,336 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Easterly Government Properties by 1.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 714,042 shares of the real estate investment trust’s stock valued at $7,569,000 after purchasing an additional 7,785 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Easterly Government Properties by 0.8% during the third quarter. Dimensional Fund Advisors LP now owns 565,526 shares of the real estate investment trust’s stock valued at $12,967,000 after purchasing an additional 4,287 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

About Easterly Government Properties

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.