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

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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.

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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.

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.

Easterly Government Properties: I'm Buying The Drop On This 8% Yield

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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 Give Their Take On 3 Real Estate Stocks With Over 7% Dividend Yields

Easterly Government Properties, Inc. (NYSE:DEA ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - SVP, IR & Operations Darrell Crate - CEO & Director Meghan Baivier - President & COO Allison Marino - CFO, EVP & Chief Accounting Officer Conference Call Participants Michael Griffin - Citi Michael Carroll - RBC Operator Welcome to the Easterly Government Properties Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen only mode.

Easterly Government Properties, Inc. (DEA) Q2 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 June 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) Reports Q2 Earnings: What Key Metrics Have to Say

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

Easterly Government Properties (DEA) Q2 FFO Match 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 June 30, 2024. Highlights for the Quarter Ended June 30, 2024: Net income of $4.9 million, or $0.04 per share on a fully diluted basis Core.

Easterly Government Properties Reports Second Quarter 2024 Results

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that it has adjusted the time for its second quarter 2024 earnings conference call to 11:00am Eastern time on Wednesday, July 31, 2024. This time is one hour later than previously announced. The Company will still release its second quarter 2024 financial results for the period ended June 30, 2024 on July 31, 2024. The management team will review second quarter performance, discuss recent events and co.

Easterly Government Properties Announces Time Change for Second Quarter 2024 Conference Call

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WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its second quarter 2024 financial results on July 31, 2024. A conference call will be held Wednesday, July 31, 2024, at 10:00am Eastern time. The management team will review second 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 numbe.

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

After reaching an important support level, Easterly Government Properties, Inc. (DEA) could be a good stock pick from a technical perspective. DEA recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

Easterly Government Properties (DEA) Just Flashed Golden Cross Signal: Do You Buy?

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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, today announced it has executed a new $400 million revolving credit facility (the “Revolver”). The Revolver includes an accordion feature that allows the Company to request additional lender commitments of up to $.

Easterly Government Properties Announces New $400 Million Senior Unsecured Credit Facility

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 management will present at Nareit's REITweek 2024 Investor Conference (the “Conference”) in New York, New York on June 4, 2024 from 3 – 3:30 PM Eastern Time. The Comp.

Easterly Government Properties to Participate at Nareit's REITweek 2024 Investor Conference

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U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.

Eyes On The ECB

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 entered into a master note purchase agreement to issue $200 million of 6.56% (ICUR9 + 210 basis point spread) 9-year fixed rate, senior unsecured notes (“Senio.

Easterly Government Properties to Issue $200 Million in Senior Unsecured Notes

Easterly Government Properties expects to achieve 2% FFO growth for 2024 and beyond, despite challenges in the economic environment. DEA is a REIT focused on acquiring and developing properties for the U.S. government, with a portfolio of 93 properties across 26 states. The company has potential for future growth through property acquisitions and has a solid balance sheet with manageable debt maturities.

Easterly Government Properties: Will Lower Interest Rates And A New CEO Help This REIT Get Back To Growth?

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 the closing of the previously announced 49,420 square foot facility 100% leased to the U.S. Immigration and Customs Enforcement (ICE) and located in Orlando, Florida (“ICE.

Easterly Government Properties Announces Close of 49,420 SF Facility in Orlando, Florida to Expand Mission-Critical Portfolio

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 investor meetings at Wells Fargo's 27th Annual Real Estate Securities Conference in Amelia Island, Florida on May 9, 2024. Electronic copies of the writ.

Easterly Government Properties to Participate in Wells Fargo 27th Annual Real Estate Securities Conference

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. “.

Easterly Government Properties Acquiring Two Mission Critical Government Facilities and Increases Full Year 2024 Guidance

Easterly Government Properties, Inc. (NYSE:DEA ) Q1 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Lindsay Winterhalter - Head of Investor Relations Darrell Crate - CEO Meghan Baivier - President and COO Allison Marino - CFO and CAO Conference Call Participants John Kim - BMO Capital Markets Michael Griffin - Citi Peter Abramowitz - Jefferies Aditi Balachandran - RBC Harvey Poppel - Poptech LP Michael Lewis - Truist Securities Bill Crow - Raymond James Merrill Ross - Compass Point Research & Trading Operator Greetings. Welcome to the Easterly Government Properties First Quarter 2024 Earnings Conference Call.

Easterly Government Properties, Inc. (DEA) Q1 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 March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Easterly Government Properties (DEA) Q1 Earnings: A Look at Key Metrics

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.

Easterly Government Properties (DEA) Beats Q1 FFO 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 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.

Easterly Government Properties Reports First Quarter 2024 Results

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.

Easterly Government Properties Releases Annual Environmental, Social, and Governance (ESG) Report and Announces 4% Decrease in Total Portfolio Energy Consumption

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.

Easterly Government Properties Acquires 135,200 SF U.S. Immigration and Customs Enforcement Information Technology Facility Near Dallas, Texas

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