Easterly Government Properties Inc (NYSE:DEA) – Research analysts at Jefferies Group decreased their FY2018 earnings per share estimates for shares of Easterly Government Properties in a research report issued on Tuesday. Jefferies Group analyst J. Petersen now expects that the real estate investment trust will earn $1.34 per share for the year, down from their previous estimate of $1.35. Jefferies Group has a “Buy” rating and a $24.00 price objective on the stock. Jefferies Group also issued estimates for Easterly Government Properties’ FY2019 earnings at $1.44 EPS.

Easterly Government Properties (NYSE:DEA) last announced its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.30). Easterly Government Properties had a net margin of 3.12% and a return on equity of 0.54%.

Several other research analysts have also commented on DEA. Zacks Investment Research upgraded Easterly Government Properties from a “sell” rating to a “hold” rating in a report on Friday, November 17th. SunTrust Banks set a $24.00 price target on Easterly Government Properties and gave the stock a “buy” rating in a report on Sunday, December 17th.

Shares of Easterly Government Properties (NYSE DEA) traded up $0.19 during mid-day trading on Thursday, reaching $20.50. The company’s stock had a trading volume of 669,708 shares, compared to its average volume of 416,539. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.70. The stock has a market cap of $909.50, a price-to-earnings ratio of 205.00 and a beta of 0.57. Easterly Government Properties has a 12 month low of $19.08 and a 12 month high of $22.32.

Institutional investors and hedge funds have recently modified their holdings of the stock. GSA Capital Partners LLP raised its holdings in Easterly Government Properties by 83.1% in the 2nd quarter. GSA Capital Partners LLP now owns 19,691 shares of the real estate investment trust’s stock valued at $413,000 after buying an additional 8,937 shares during the period. New York State Common Retirement Fund raised its holdings in Easterly Government Properties by 17.7% in the 2nd quarter. New York State Common Retirement Fund now owns 39,800 shares of the real estate investment trust’s stock valued at $834,000 after buying an additional 5,999 shares during the period. Bank of New York Mellon Corp raised its holdings in Easterly Government Properties by 9.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 319,170 shares of the real estate investment trust’s stock valued at $6,598,000 after buying an additional 28,305 shares during the period. Asset Management One Co. Ltd. raised its holdings in Easterly Government Properties by 36.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 121,045 shares of the real estate investment trust’s stock valued at $2,501,000 after buying an additional 32,164 shares during the period. Finally, Oppenheimer & Co. Inc. purchased a new stake in Easterly Government Properties in the 3rd quarter valued at about $355,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 5.07%. The ex-dividend date was Tuesday, December 5th. This is a positive change from Easterly Government Properties’s previous quarterly dividend of $0.25. Easterly Government Properties’s payout ratio is currently 1,040.00%.

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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).

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

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