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

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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.

Easterly Government Properties is a small REIT that leases properties exclusively to US government agencies. The risk lies in the expiration of leases, as the government may choose not to renew and consolidate its buildings to cut costs. DEA's dividend is at risk of being cut, as it is already barely covered by quarterly core FFO and the payout ratio is above 100%.

Easterly Government Properties: At Risk Of A Dividend Cut

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its second quarter 2023 financial results on August 8, 2023. A conference call will be held Tuesday, August 8, 2023 at 11:00am Eastern time. The management team will review second 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 question may.

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

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Realty Income, Public Storage, and Easterly Government Properties all have businesses that work well in any economic climate. While their stock prices will certainly move up and down over time, these should provide excellent income.

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Easterly Government Properties is an office real estate investment trust. The REIT's portfolio is almost entirely leased out to the U.S. government or government-related entities.

Here's How Easterly Government Properties Can Afford Its 7.3% Dividend Yield

Easterly Government Properties owns and operates properties leased primarily to agencies in the United States Government. Shares in the stock provide investors with a dividend yield of about 7.3%. Though attractive, I view the sustainability of the payout with skepticism. The risk of cut is viewed to be already priced into the stock, given 1-YR share price declines of over 20%.

Easterly Government Properties: Not Enough Catalysts For Outperformance

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 Nareit's REITweek 2023 Investor Conference (“Conference”) in New York, New York on June 7, 2023 at 10:15 AM Eastern Time. The Company will also participate.

Easterly Government Properties to Participate at Nareit's REITweek 2023 Investor Conference

Easterly Government Properties is an office REIT that leases primarily to US government agencies, offering high occupancy levels and long lease terms. The stock has been underperforming, and guidance suggests a decrease in FFO, making it a less attractive investment opportunity. The company's high dividend yield of 7.6% is appealing, but the balance sheet and potential future performance raise concerns, leading to a Hold rating.

Easterly Government Properties: 7.6% Yield Not Worth It

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Most of Easterly Government Properties' lease income is backed by Uncle Sam. Enterprise Products Partners is close to becoming dividend royalty.

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Easterly Government Properties, Inc. (NYSE:DEA ) Q1 2023 Earnings Conference Call May 2, 2023 11:00 AM ET Company Participants Lindsay Winterhalter - Head, IR Darrell Crate - Chairman Bill Trimble - CEO Meghan Baivier - CFO & COO Conference Call Participants Michael Griffin - Citi Michael Carroll - RBC Operator Greetings. Welcome to the Easterly Government Properties First Quarter 2023 Earnings Conference Call.

Easterly Government Properties, Inc. (DEA) Q1 2023 Earnings Call Transcript

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 $0.33 per share a year ago.

Easterly Government Properties (DEA) Meets 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, 2023. Highlights for the Quarter Ended March 31, 2023: Net income of $4.4 million, or $0.04 per share on a fully diluted basis Cor.

Easterly Government Properties Reports First Quarter 2023 Results

Easterly Government Properties' dividend yield is near historic highs at around 7.5%. The REIT owns a portfolio of properties largely leased to the U.S. government and government agencies.

Why Is Easterly Government Properties' Dividend Yield So High?

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Almost $1.5 trillion of U.S. commercial real estate debt comes due for repayment before the end of 2025. Most REITs are in good shape in terms of their balance sheets, but we are beginning to see more cracks in the foundation.

Dividend Cuts A-Plenty

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, is pleased to announce it has earned two important accolades in recognition of the Company's recent environmental sustainability and social responsibility achievements.

Easterly Government Properties Announces Recent Environmental Sustainability and Social Responsibility Achievements

Easterly Government Properties stock price has fallen significantly as interest rates have increased. The REIT's dividend yield of over 7.6% is near its highest level ever as a result.

1 Unstoppable Stock Down 33% You'll Regret Not Buying on the Dip

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its first quarter 2023 financial results on May 2, 2023. A conference call will be held Tuesday, May 2, 2023 at 11:00am Eastern time. The management team will review first quarter performance, discuss recent events and conduct a question-and-answer session.

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

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Easterly Government Properties touts itself as a unique Office REIT, unlike other office REITs that have been hit hard because it has tenants that are unlikely to default on rent payments. However, there are other risks to having a single customer (i.e. US government) that are unrelated to rental default, risks that other types of REITs do not experience.

Easterly Government Properties: Is The 7.71% Dividend Yield Safe?

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 2023 Global Property CEO Conference (the “Conference”) in Hollywood, Florida on Monday, March 6, 2023, at 7:15 AM Eastern Time.

Easterly Government Properties to Participate in the Citi 2023 Global Property CEO Conference

Easterly Government Properties has an interest in a portfolio of properties, leased primarily to the United States Government. Their properties are distinguished by full occupancy levels and long-duration leases to agencies serving essential functions.

Easterly Government Properties: Disappointing Guidance Outweighs The Attractive Dividend

Easterly Government Properties, Inc. (NYSE:DEA ) Q4 2022 Earnings Conference Call February 28, 2023 10:00 AM ET Company Participants Lindsay Winterhalter - Vice President, Investor Relations Darrell Crate - Chairman Bill Trimble - Chief Executive Officer Meghan Baivier - Chief Financial Officer & Chief Operating Officer Conference Call Participants Michael Griffin - Citi Peter Abramowitz - Jefferies Operator Greetings. Welcome to the Easterly Government Properties Fourth Quarter 2022 Earnings Conference Call.

Easterly Government Properties, Inc. (DEA) Q4 2022 Earnings Call Transcript

The following slide deck was published by Easterly Government Properties, Inc. in conjunction with their 2022 Q4 earnings call.

News for Easterly Government Properties Stock (DEA)