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.

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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.

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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) today announced that the Company will release its first quarter 2024 financial results on April 30, 2024. A conference call will be held Tuesday, April 30, 2024, at 11:00am Eastern time. The management team will review first 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 numbers.

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

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.

Easterly Government: Dividend May Be Too Aggressive

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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 (DEA) Secures Lease to Develop Courthouse in Flagstaff

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“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, announced today that it has been awarded a 20-year non-cancelable lease for a 50,777 rentable square foot Federal courthouse in Flagstaff, Arizona (“JUD - Flagstaff”). JUD - Flagstaff is expected to be a state-of-the-art, three-st.

Easterly Government Properties Awarded Lease to Develop 50,777 RSF Federal Courthouse in Flagstaff, Arizona

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 present at the Citi 2024 Global Property CEO Conference (the “Conference”) in Hollywood, Florida on Monday, March 4, 2024, at 8:10 AM Eastern Time. For investors inter.

Easterly Government Properties to Participate in the Citi 2024 Global Property CEO Conference

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) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

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.

Easterly Government Properties (DEA) Misses Q4 FFO and Revenue 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 and full year ended December 31, 2023. Highlights for the Quarter Ended December 31, 2023: Net income of $4.8 million, or $0.04 per share on a ful.

Easterly Government Properties Reports Fourth Quarter and Full Year 2023 Results

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WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its fourth quarter 2023 financial results on February 27, 2024. A conference call will be held Tuesday, February 27, 2024 at 11:00am Eastern time. The management team will review fourth quarter performance, discuss recent events and conduct a question-and-answer session. Any research analysts currently covering the Company that would like to join the call and ask a questio.

Easterly Government Properties Schedules Fourth Quarter 2023 Earnings Release and Conference Call

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WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust that acquires, develops, and manages Class A commercial properties leased to mission-critical U.S. Government agencies, today announced it has extended a $100 million unsecured term loan executed in 2016 (the “Extended Term Loan”). Easterly secured market leading terms for the facility and extended the weighted average life of maturities at.

Easterly Government Properties Extends $100 Million Unsecured Term Loan Facility

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One REIT To Buy For The Office Property Recovery And One I Would Avoid

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“Easterly” or the “Company”), 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 the tax characteristics of the 2023 distributions on its common stock. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to th.

Easterly Government Properties Announces Tax Characteristics of Its 2023 Distributions

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WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the company received an investment grade issuer credit rating from Kroll Bond Rating Agency, LLC (“KBRA”) of BBB with Stable Outlook. “Receiving this investment grade rating from KBRA is reflective of the strong underlying credit quality of our cashflows and the secure balance sheet we have built at Easterly Government Properties,” stated Allison Marino, Easterly's Chief Financial Officer and Chie.

Easterly Government Properties Receives Investment Grade Credit Rating

Easterly Government's 7.9% dividend yield is one of the most secure high yields in the REIT sector. The company's unique positioning with the U.S. government as its sole tenant provides stability and insulates it from common challenges faced by traditional office REITs. Easterly Government's long-term leases, inflation protection, and resilient performance make it an attractive choice for investors seeking income and potential appreciation.

Easterly Government: One Of The Safest ~8% Yields Amongst REITs

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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 that Darrell Crate, the Co-Founder and current Chairman of the Board, has been appointed as Chief Executive Officer (CEO), effective January 1, 2024. In connection with Mr. Crate's appoint.

Easterly Government Properties Appoints Co-Founder Darrell Crate as CEO to Advance Mission-Critical Real Estate Strategy

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News for Easterly Government Properties Stock (DEA)