Easterly Government Properties

Easterly Government Properties, Inc. operates as a real estate investment trust. engages in the acquisition, development, and management of commercial properties that are leased to U.S. Government agencies. The company was founded on October 10, 2014 and is headquartered in Washington, DC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Easterly Government Properties (DEA) excels in Q4 2022 earnings call

Easterly Government Properties (DEA) delivered a solid performance in Q4 2022, leveraging its unique focus on government facilities to drive growth. With a strong balance sheet, cautious growth approach, and strategic acquisitions, DEA is well-positioned for future success amidst market challenges and opportunities.

Easterly Government Properties reports strong Q1 performance and growth outlook

Easterly Government Properties (DEA) delivered a solid performance in Q1 2023, showcasing its strategic focus on mission critical agencies and growth opportunities. While challenges like government shutdowns and transaction activity exist, the company's strengths in balance sheet management and readiness for accretive deals position it well for future growth.

Easterly Government Properties (DEA) excels in Q2, eyes 2024 growth

Easterly Government Properties (DEA) reports strong Q2 performance, emphasizing growth opportunities in adjacent property segments and a focus on U.S. government credit. The company's strategic approach to acquisitions and high-credit investments positions it for potential growth in 2024.

Easterly Government Properties (DEA) reports robust Q3 performance and outlines growth strategies

Easterly Government Properties (DEA) showcased a strong Q3 performance with a focus on stability, credit quality, and strategic acquisitions. Management's insights on acquisitions, dividends, and development projects provide a clear roadmap for future success amidst market challenges.

Easterly Government Properties posts strong earnings, eyes growth opportunities

Easterly Government Properties (DEA) delivers solid financial performance with a focus on sustainable growth and investor returns. The company's emphasis on government leases, strategic acquisitions, and development projects positions it well for future opportunities. Challenges include lease renewals, dividend sustainability, and market-related uncertainties.

Easterly Government Properties reports stable earnings and eyes growth opportunities

Easterly Government Properties showcased solid financial performance, emphasizing stability, growth, and commitment to shareholders.
While facing challenges in balancing dividends and acquisitions, the company is optimistic about growth opportunities in government real estate.
By maintaining dividends, managing expenses, and pursuing strategic acquisitions, Easterly aims to deliver sustained value and unlock growth potential.

Easterly Government Properties (DEA) excels in Q2 2024 earnings call, highlighting growth opportunities and strategic focus

Easterly Government Properties (DEA) demonstrates robust financial performance, strategic focus on mission-critical properties, and growth potential through acquisitions and leasing activities. While facing challenges in market competition and operational aspects, the company remains optimistic about its future earnings and expansion.

Easterly Government Properties meets Q3 targets, sets positive 2025 guidance

Easterly Government Properties showed strong performance in Q3 2024, meeting financial targets and setting positive guidance for 2025.
The company's focus on mission-critical assets and cost management strengths position it well for future growth.
Challenges lie in maintaining growth momentum and adapting to market dynamics, but opportunities for expansion and efficiency improvements are present.
Investors can be optimistic about Easterly's strategic direction and financial health, supported by prudent planning and operational effectiveness.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Easterly Government Properties, Inc. engages in the acquisition, development, and management of Class A commercial properties that are leased to U.S. Government agencies. Its objective is to generate risk-adjusted returns for stockholders over the long term through dividends and capital appreciation. The company was founded in 2011 and is headquartered in Washington, DC.

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 Nareit's REITworld 2024 Annual Conference in Las Vegas, Nevada on November 19 - 20, 2024. Electronic copi.

Easterly Government Properties to Participate in Nareit's REITworld 2024 Annual Conference

Easterly Government Properties is poised to benefit from President-elect Trump's second term due to potential increased government and defense spending. Despite elevated payout ratios and economic uncertainties, DEA has shown solid growth in core FFO, revenue, and acquisitions in 2024. DEA's valuation is attractive at a forward multiple of 11.65x, with potential upside if they deliver on growth expectations and interest rates decline.

Easterly Government Properties: The Trump Factor

Easterly Government Properties, Inc. (NYSE:DEA ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - SVP, IR Darrell Crate - President & CEO Allison Marino - CFO Conference Call Participants Michael Griffin - Citi Peter Abramowitz - Jefferies Aditi Balachandran - RBC Capital Markets Michael Lewis - Truist Securities Operator Greetings. Welcome to the Easterly Government Properties Third Quarter 2024 Earnings Conference Call.

Easterly Government Properties, Inc. (DEA) Q3 2024 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 September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Easterly Government Properties (DEA) Q3 Earnings

Easterly Government Properties (DEA) came out with quarterly funds from operations (FFO) of $0.30 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to FFO of $0.29 per share a year ago.

Easterly Government Properties (DEA) Q3 FFO Surpass Estimates

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 September 30, 2024. Highlights for the Quarter Ended September 30, 2024: Net income of $5.1 million, or $0.05 per share on a fully diluted b.

Easterly Government Properties Reports Third Quarter 2024 Results

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 November 27, 2024 to shareholders of record on November 15, 2024. About Easterly Government Pro.

Easterly Government Properties Announces Quarterly Dividend

Agree Realty

Essential Properties Realty Trust Inc

Innovative Industrial Properties

Modiv

NewLake Capital Partners, Inc.

National Retail Properties

Realty Income Corp

Vici Properties

Vanguard Real Estate ETF

W. P. Carey

Interest rates are now headed to lower levels. But REITs still offer up to 9% dividend yields. I highlight three of my favorite high yielding REITs for 2025.

Yields Up To 9%: 3 REITs To Buy For 2025

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its third quarter 2024 financial results on November 5, 2024. A conference call will be held Tuesday, November 5, 2024 at 11:00am Eastern time. The management team will review third quarter performance, discuss recent events and conduct a question-and-answer session. Attendees that would like to join the call and ask a question may register here to receive the dial-in numb.

Easterly Government Properties Schedules Third Quarter 2024 Earnings Release and Conference Call

Northrop Grumman

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 104,136 square foot facility 100% leased to Northrop Grumman Systems Corporation (NYSE: NOC, S&P: BBB+), a multinational aerospace and defense c.

Easterly Government Properties Acquires 104,136 SF Facility Adjacent to Buckley Space Force Base and Occupied by Northrop Grumman Systems Corporation

The company has now entered undervalued territory, according to one pundit tracking its fortunes.

Why Easterly Government Properties Stock Topped the Market Today

Aptargroup

BorgWarner

Elastic N.V

SentinelOne

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Elastic Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Armada Hoffler Properties

Alexander's

Global Net Lease

Service Properties Trust

Real estate is great, except for the heavy time commitment, which makes it a non-starter for me. “Brett, can you come over and change my lightbulb?

Fed Rate Cuts Breathe New Life Into These High-Yield Stocks

Sun Communities

Aligned announces the appointment of Meghan Baivier as CFO. In addition, the company announces the transition of Anubhav Raj to Chief Investment Officer.

Aligned Data Centers Appoints Meghan Baivier as Chief Financial Officer

Clipper Realty

Park Hotels & Resorts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks With Over 7% Dividend Yields

Easterly Government Properties benefits from anticipated lower interest rates, enhancing their growth potential and investment activity, despite an elevated payout ratio above 100%. With increased investment activity, the REIT may be able to cover its dividend in the near to medium term. Recent acquisitions, including major government-adjacent acquisitions to investment-rated companies like Northrop Grumman, and a solid balance sheet position DEA for potential upside, along with a strong pipeline of future deals.

Easterly Government Properties: 8% Dividend Yield And Increased Investment Activity; Potential Attractive Opportunity

Easterly Government's buyout of a facility adjacent to the Wright-Patterson Air Force Base is likely to ensure a steady stream of rental revenues for a long period.

Easterly Government Expands Portfolio With Strategic Acquisitions

Easterly Government Properties focuses on high-quality, government-leased Class A properties, ensuring stable cash flows and high occupancy rates. DEA's recent acquisitions and quarterly performance indicate decent FFO growth potential, with a steady 8% dividend yield that appears safe. Despite balance sheet risks, DEA's valuation is compelling trading below REIT peers, and so it offers a significant buying opportunity.

Easterly Government Properties: Become The Landlord Of The US Government With An 8% Dividend Yield

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 99,246 square foot facility 100% leased to Northrop Grumman Systems Corporation (NYSE: NOC, S&P: BBB+), a multinational aerospace and defense co.

Easterly Government Properties Acquires 99,246 SF Facility Adjacent to Wright-Patterson Air Force Base and Occupied by Northrop Grumman Systems Corporation

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 the U.S. Government, announced today that it has, through its joint venture (“JV”), completed the acquisition of the previously announced 193,100 leased square foot outpatient facility leased to the Department of Veterans Affairs (VA) located in Jacksonville, Flor.

Easterly Government Properties Completes Acquisition of VA - Jacksonville, the Final Acquisition of the 10 Properties in the VA Portfolio

Uniti Group

Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 7% Dividend Yields

American Homes 4 Rent

CubeSmart

Real Estate Select Sector SPDR Fund

Mr. Powell and I rarely see eye to eye. I've usually been right. REITs are set for a bullish trend with the Fed expected to cut rates, offering attractive valuations and growth potential. Here are 3 top picks ranging from low to high yield.

Jerome Powell Just Launched REIT Season, Here Are 3 Top Buys

Nvidia and other megacap tech stocks have performed tremendously well. However, the expected falling-rate environment could be a big catalyst for real estate investment trusts, or REITs.

Prediction: These 2 Boring Stocks Will Outperform Nvidia Through 2025

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, announced today that management will participate in virtual investor meetings at the NYSE Real Estate Investor Access Day (the “NYSE Event”) on August 8th. Darrell Crate, the Company's Chief Executive Off.

Easterly Government Properties to Participate in NYSE Real Estate Investor Access Day

Treasury Bonds have seen increased interest due to rising yields backed by the U.S. government's credit. With potential rate cuts looming, bond yields have fallen, posing reinvestment risks for investors with maturing bonds. Easterly Government Properties leases to the U.S. government. It carries a far higher yield than Treasury Bonds and has strong fundamentals.

News for Easterly Government Properties Stock (DEA)