DEA
Easterly Government PropertiesDEA
DEA
About: Easterly Government Properties Inc is a real estate investment trust. It is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. The company generates all its revenue by leasing its properties to such agencies.
Employees: 56
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,032% more call options, than puts
Call options by funds: $4.62M | Put options by funds: $408K
83% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 23
7% more capital invested
Capital invested by funds: $987M [Q2] → $1.06B (+$73.8M) [Q3]
6% more funds holding
Funds holding: 259 [Q2] → 275 (+16) [Q3]
0.68% less ownership
Funds ownership: 77.71% [Q2] → 77.03% (-0.68%) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 101
100% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12
5%
upside
Avg. target
$12.50
10%
upside
High target
$13
14%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Jefferies Peter Abramowitz 23% 1-year accuracy 3 / 13 met price target | 5%upside $12 | Buy Maintained | 2 Jan 2025 |
Truist Securities Michael Lewis 58% 1-year accuracy 22 / 38 met price target | 14%upside $13 | Hold Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 3 articles about DEA published over the past 30 days
Negative
Seeking Alpha
4 days ago
2 REITs That May Perform Poorly Under Trump
I'm optimistic about the economy under a second Donald Trump administration, citing reduced corporate taxes, tariffs, and deregulation as catalysts for boosting REIT shares. The new Department of Government Efficiency, or DOGE, aims to cut federal expenses, potentially impacting agencies like USPS, IRS, and FBI, and their real estate needs. Due to DOGE's potential restructuring, I'm putting Postal Realty and Easterly Government on hold, citing risks from their outsized exposure to government tenants.
Positive
Seeking Alpha
3 weeks ago
Easterly Government Properties Stock Price Got Far Too Cheap
Easterly Government Properties, Inc.'s 9% dividend yield appears sustainable, with a clear path to full CAD coverage within 24 months through rent escalators and strategic acquisitions. The stock's decline is due to misclassification with troubled office REITs and overblown fears of government spending cuts. DEA's long-term government leases and decentralized property locations mitigate risks, suggesting a potential 50% upside as market fears subside.
Positive
Seeking Alpha
4 weeks ago
3 Big Dividends Backed By High-Quality Assets
Avoid private equity and REITs offering unsustainable high yields; they often rely on risky investments or leverage, leading to potential capital destruction. We prefer to look at the cashflows first to ensure companies have enough to sustain the dividend while retaining some for growth. This article explores the various pitfalls of traditional high-yield investing and proposes 3 high-yield stocks that offer a better total return potential.
Negative
Seeking Alpha
1 month ago
Earnings Metrics Of Several U.S. Office REITs Drop In Q3
Most US office REITs ended Q3 with weaker operating metrics compared with the previous 3-month period, as demand for offices continued to drop amid higher rent. In terms of recurring EBITDA, 13 office REITs reported quarter-over-quarter declines during the third quarter, while eight recorded gains. US office REIT stocks outperformed the Dow Jones Equity All REIT Index during the third quarter as well as the S&P 500.
Neutral
Business Wire
1 month ago
Easterly Government Properties to Participate in Jefferies Real Estate Conference 2024
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today that management will participate in investor meetings at the Jefferies Real Estate Conference 2024 in Miami, Florida on December 11, 2024. Electronic copies of th.
Negative
Zacks Investment Research
1 month ago
Easterly Government Properties (DEA) Loses -13.74% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Easterly Government Properties (DEA) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Neutral
Seeking Alpha
1 month ago
Easterly Government Properties: Fears Are Overblown, I'm A Buyer Of This 9% Yielder
Easterly Government Properties is a REIT focused on Class A properties leased to U.S. government agencies, offering stable cash flows and rent growth. DEA's Q3'24 results reaffirm my confidence with strong cash flow, disciplined FFO growth, and strategic acquisitions in government-adjacent sectors, despite a 12% share price dip. DEA's resilient lease portfolio, high-credit tenants, and focus on mission-critical assets provide stability, making it a compelling value with an 8.9% dividend yield.
Neutral
Business Wire
1 month ago
Easterly Government Properties Acquires Three Building Campus Leased to AAA Rated Wake County in Cary, North Carolina
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today that it has acquired a 97% leased, combined 295,253 square foot campus across three assets leased primarily to the Wake County Public School System (WCPSS). The three prop.
Neutral
Seeking Alpha
1 month ago
2 Fat Yields You May Love
I discuss two high-yield stocks: TriplePoint Venture Growth (17.4%) and Easterly Government Properties (8.4%), suitable for risk-tolerant income investors. TriplePoint Venture Growth has shown portfolio improvements and reduced debt, despite recent dividend cuts and declining investment income. Easterly Government Properties has maintained its dividend, achieved FFO and revenue growth, and has a solid acquisition pipeline despite a high leverage ratio.
Positive
Zacks Investment Research
1 month ago
Easterly Government Boosts Portfolio With IRS Facility Buyout
DEA's buyout of the Internal Revenue Service industrial facility in Ogden is likely to ensure a steady stream of rental revenues for a long period.
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