Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).
IPO Year: 2015
Exchange: NYSE
Website: easterlyreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/10/2025 | $9.50 | Buy → Neutral | Compass Point |
| 3/17/2025 | $13.00 | Buy | Jefferies |
| 10/14/2024 | $13.00 → $15.00 | Hold → Buy | Jefferies |
| 8/16/2023 | $15.00 → $13.00 | Sector Perform → Underperform | RBC Capital Mkts |
| 3/28/2023 | $17.00 | Neutral → Buy | Compass Point |
| 12/16/2022 | $18.00 → $14.00 | Market Perform → Underperform | BMO Capital Markets |
| 12/14/2022 | $18.00 → $15.50 | Buy → Neutral | Citigroup |
| 11/3/2022 | $17.00 | Buy → Neutral | Compass Point |
| 1/10/2022 | Outperform → Market Perform | Raymond James | |
| 1/10/2022 | $25.00 | Buy → Hold | Jefferies |
Law enforcement operations run from this facility 24 hours a day, seven days a week, 365 days a year across three separate shifts 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 74,549 square foot facility primarily leased to the U.S. Department of Homeland Security (DHS) located near Burlington, Vermont ("DHS - Burlington"). DHS - Burlington is a 100% leased build-to-suit facility, designed to the exact specifications
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 28th Annual Real Estate Securities Conference in Charleston, South Carolina on May 7, 2025. Electronic copies of the written materials to be provided to investors in connection with the meetings can be found in the Presentation section of the Company's Investor Relations website at ir.easterlyreit.com. About Easterly Government Properties, Inc
Awarded New Federal Courthouse Development Project with 20-Year Non-Cancelable Lease Term Announces Accretive DC Government Acquisition with Nearly 12-year WALT Raises Lower End of 2025 Guidance 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, today announced its results of operations for the quarter ended March 31, 2025. Highlights for the Quarter Ended March 31, 2025: Net income of $3.3 million, or $0.07 per share on a fully diluted basis Core
20-year firm term lease with U.S. Government 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 and its adjacent partners, announced today that it has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon ("JUD - Medford"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429587434/en/Easterly Government Properties has been awarded a 20-year non-canc
Highly accretive acquisition with long-term Government tenancy and annual escalations 98% leased with the District of Columbia Government as the primary tenant Weighted average remaining lease term of 11.6 years (firm) 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 289,873 square foot facility 98% leased primarily to the District of Columbia Government (DC) (S&P: AA+) ("Local Gov - DC"). The LEED Silver and Energy
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 U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company's common stock (the "Common Stock") at a ratio of 1-for-2.5 (the "Reverse Stock Split"). At market open on April 28, 2025, the Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange (the "NYSE"). The Common Stock will continue to trade on the NYSE under the symbol "DEA" but will trade under a new CUSIP nu
Easterly Government Properties, Inc. (NYSE:DEA) today announced that the Company will release its first quarter 2025 financial results on April 29, 2025. A conference call will be held Tuesday, April 29, 2025 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 and unique PIN to access the call. There will also be a live audio, listen-only webcast of the call on the Investor Relations section of Easterly's Investor Relations website at ir.easterlyreit.com. Shortly after the call, a re
REIT's Actions Aim to Right-size Payout Ratio and to Provide Capital for Robust Opportunity Set 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 U.S. Government agencies, today announced that its Board of Directors has approved a reduction of $0.085, or approximately 32.0%, from the Company's prior quarter dividend of $0.265 per share. The Company is changing its dividend philosophy and aligning itself with the best practices of other net lease REITs. The Company is targeting a Core Funds from Operation (C
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 U.S. Government agencies and its adjacent partners, announced today that it has entered into a master notes purchase agreement to issue $125 million of five and seven-year senior unsecured notes ("Senior Notes") issued and sold by Easterly Government Properties LP, the Company's operating partnership (the "Partnership") on March 20, 2025, consisting of: $25 million of 6.13% Series A Senior Notes with a maturity date of March 20, 2030; and $100 million of 6
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 present at the Citi 2025 Global Property CEO Conference (the "Conference") in Hollywood, Florida on Monday, March 3, 2025, at 8:10 AM Eastern Time. For investors interested in listening to the presentation, a live audio-webcast in listen-only mode will be provided in the Presentation section of the Company's Investor Relations website at ir.easterlyreit.com. A replay
DALLAS, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable, and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale and enterprise customers, today announced the appointment of Meghan Baivier as Chief Financial Officer (CFO). In addition, the company announced the transition of former CFO, Anubhav Raj, to Aligned's new Chief Investment Officer (CIO). Meghan Baivier Joins as Chief Financial Officer Ms. Baivier brings over 23 years of experience in finance and leadership to Aligned's senior leadership team. She will oversee the company's financial strategy and operations. Ms. Bai
William H. Binnie will assume Crate's current role as Chairman of the Board. The Board of Directors also appointed Meghan Baivier as President & COO, and Allison Marino as CFO & CAO 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 appointment, William C. Trimble, III will retire
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 U.S. Government agencies, today announced that Allison Marino has been appointed Senior Vice President and Chief Accounting Officer of the Company, effective August 9, 2021. "Allison's appointment as Senior Vice President and Chief Accounting Officer comes at an exciting time in Easterly's growth trajectory," commented Meghan G. Baivier, Easterly's Chief Financial and Operating Officer. "Allison's breadth of experience will be instrumental in guiding
Compass Point downgraded Easterly Government Properties from Buy to Neutral and set a new price target of $9.50
Jefferies initiated coverage of Easterly Government Properties with a rating of Buy and set a new price target of $13.00
Jefferies upgraded Easterly Government Properties from Hold to Buy and set a new price target of $15.00 from $13.00 previously
RBC Capital Mkts downgraded Easterly Government Properties from Sector Perform to Underperform and set a new price target of $13.00 from $15.00 previously
Compass Point upgraded Easterly Government Properties from Neutral to Buy and set a new price target of $17.00
BMO Capital Markets downgraded Easterly Government Properties from Market Perform to Underperform and set a new price target of $14.00 from $18.00 previously
Citigroup downgraded Easterly Government Properties from Buy to Neutral and set a new price target of $15.50 from $18.00 previously
Compass Point downgraded Easterly Government Properties from Buy to Neutral and set a new price target of $17.00
Raymond James downgraded Easterly Government Props from Outperform to Market Perform
Jefferies downgraded Easterly Government Props from Buy to Hold and set a new price target of $25.00
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4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
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8-K - Easterly Government Properties, Inc. (0001622194) (Filer)
DEF 14A - Easterly Government Properties, Inc. (0001622194) (Filer)
8-K - Easterly Government Properties, Inc. (0001622194) (Filer)
10-K - Easterly Government Properties, Inc. (0001622194) (Filer)
8-K - Easterly Government Properties, Inc. (0001622194) (Filer)
8-K - Easterly Government Properties, Inc. (0001622194) (Filer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4/A - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
4 - Easterly Government Properties, Inc. (0001622194) (Issuer)
SC 13G/A - Easterly Government Properties, Inc. (0001622194) (Subject)
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SC 13G/A - Easterly Government Properties, Inc. (0001622194) (Subject)
SC 13G/A - Easterly Government Properties, Inc. (0001622194) (Subject)
SC 13G/A - Easterly Government Properties, Inc. (0001622194) (Subject)
SC 13G/A - Easterly Government Properties, Inc. (0001622194) (Subject)
SC 13G/A - Easterly Government Properties, Inc. (0001622194) (Subject)
SC 13G/A - Easterly Government Properties, Inc. (0001622194) (Subject)
Law enforcement operations run from this facility 24 hours a day, seven days a week, 365 days a year across three separate shifts 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 74,549 square foot facility primarily leased to the U.S. Department of Homeland Security (DHS) located near Burlington, Vermont ("DHS - Burlington"). DHS - Burlington is a 100% leased build-to-suit facility, designed to the exact specifications
Awarded New Federal Courthouse Development Project with 20-Year Non-Cancelable Lease Term Announces Accretive DC Government Acquisition with Nearly 12-year WALT Raises Lower End of 2025 Guidance 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, today announced its results of operations for the quarter ended March 31, 2025. Highlights for the Quarter Ended March 31, 2025: Net income of $3.3 million, or $0.07 per share on a fully diluted basis Core
Highly accretive acquisition with long-term Government tenancy and annual escalations 98% leased with the District of Columbia Government as the primary tenant Weighted average remaining lease term of 11.6 years (firm) 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 289,873 square foot facility 98% leased primarily to the District of Columbia Government (DC) (S&P: AA+) ("Local Gov - DC"). The LEED Silver and Energy
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 U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company's common stock (the "Common Stock") at a ratio of 1-for-2.5 (the "Reverse Stock Split"). At market open on April 28, 2025, the Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange (the "NYSE"). The Common Stock will continue to trade on the NYSE under the symbol "DEA" but will trade under a new CUSIP nu
Easterly Government Properties, Inc. (NYSE:DEA) today announced that the Company will release its first quarter 2025 financial results on April 29, 2025. A conference call will be held Tuesday, April 29, 2025 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 and unique PIN to access the call. There will also be a live audio, listen-only webcast of the call on the Investor Relations section of Easterly's Investor Relations website at ir.easterlyreit.com. Shortly after the call, a re
REIT's Actions Aim to Right-size Payout Ratio and to Provide Capital for Robust Opportunity Set 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 U.S. Government agencies, today announced that its Board of Directors has approved a reduction of $0.085, or approximately 32.0%, from the Company's prior quarter dividend of $0.265 per share. The Company is changing its dividend philosophy and aligning itself with the best practices of other net lease REITs. The Company is targeting a Core Funds from Operation (C
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, today announced its results of operations for the quarter and full year ended December 31, 2024. Highlights for the Quarter Ended December 31, 2024: Net income of $5.7 million, or $0.05 per share on a fully diluted basis Core FFO of $32.6 million, or $0.29 per share on a fully diluted basis Acquired a 104,136 square foot facility 100% leased to Northrop Grumman Systems Corporation (NYSE:NOC, S&
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 March 17, 2025 to shareholders of record on March 5, 2025. About Easterly Government Properties, Inc. Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. E
Easterly Government Properties, Inc. (NYSE:DEA) today announced that the Company will release its fourth quarter 2024 financial results on February 25, 2025. A conference call will be held Tuesday, February 25, 2025 at 11:00am Eastern time. The management team will review fourth 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 and unique PIN to access the call. There will also be a live audio, listen-only webcast of the call on the Investor Relations section of Easterly's Investor Relations website at ir.easterlyreit.com. Shortly after the
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 2024 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 the specific tax treatment of these distributions. The characteristics of the Company's distributions are as follows: Distributions on Easterly Common Shares: Record Date Payment Date Dividend