Easterly Government Price, Forecast, Insider, Ratings, Fundamentals & Signals

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 is acquiring a combined 77,260 square foot portfolio of two assets leased to the u.s. department of homeland security (dhs) and both located in orlando, florida. “.

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, today announced its results of operations for the quarter ended march 31, 2024. highlights for the quarter ended march 31, 2024: net income of $4.9 million, or $0.05 per share on a fully diluted basis cor.

Washington--(business wire)--easterly government properties, inc. (nyse: dea), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of class a commercial properties leased to u.s. government agencies, announced today that its board of directors has approved a quarterly cash dividend of $0.265 per common share. the dividend will be payable on may 21, 2024 to shareholders of record on may 9, 2024. about easterly government properties, in.

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, today announced the release of its 2023 environmental, social, and governance report (the “esg report”), showcasing the company's progress in achieving its environmental and social-focuse.

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 135,200 square foot facility primarily leased to the office of the chief information officer (“ocio”) and office of human capital of the u.s. immigr.

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While the top- and bottom-line numbers for Easterly Government Properties (DEA) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Easterly Government Properties (DEA) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to FFO of $0.29 per share a year ago.

Investors in the sector were spooked about the latest readout on inflation. The Consumer Price Index ticked up higher than expected in March and topped the February figure.

Easterly Government Properties is a REIT focused on acquiring and developing properties leased to the U.S. government. The company has seen strong asset growth since its IPO in 2015, quadrupling leased square footage. DEA appears attractively valued with a 10.0x Fwd P/FFO and a 9.3% dividend yield.

Most REITs are growing their dividends. But there are exceptions that are at risk of cutting it. I discuss three REITs that are likely to cut their dividend.

The 20-year non-cancelable lease, slated to commence upon project completion, underscores Easterly's (DEA) recognized expertise in the specialized market of government property development.

Easterly Government Properties, Inc. (DEA) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Easterly Government Properties (DEA) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Easterly Government Properties (DEA) came out with quarterly funds from operations (FFO) of $0.28 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to FFO of $0.29 per share a year ago.