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 focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 176,550 leased square foot portfolio of three U.S. Government-leased properties. The three-building portfolio is comprised of: Federal Bureau of Investigation (FBI) field off

Easterly Government Properties Acquires 176,550 SF Mission Critical LEED Certified 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 present virtually at the Citi 2021 Global Property CEO Conference on Tuesday, March 9, 2021, at 4:15 PM Eastern Time. For investors interested in listening to the pres

Easterly Government Properties to Participate in the Citi 2021 Virtual Global Property CEO Conference

Easterly Government Properties (DEA) delivered FFO and revenue surprises of 3.23% and 2.12%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Easterly Government Properties (DEA) Tops 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, 2020. Highlights for the Quarter Ended December 31, 2020: Net income of $2.6 million, or $0.03 per share on a ful

Easterly Government Properties Reports Fourth Quarter and Full Year 2020 Results

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its fourth quarter 2020 financial results on February 24, 2021. A conference call will be held Wednesday, February 24, 2021 at 10:00am Eastern Standard time. The management team will review fourth quarter performance, discuss recent events and conduct a question-and-answer session. Webcast: The conference call will be available in the Investor Relations section of the Comp

Easterly Government Properties Schedules Fourth Quarter 2020 Earnings Release and Conference Call

Healthpeak Properties Inc

Most mainstream investors are far too focused on the obvious side of making money. There are many factors that can and do make a major difference in how much you keep.

A Millionaire State Of Mind

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 2020 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 2020 Distributions

Easterly Government Properties has proven itself to be a solid operator with an attractive history of growth behind it. Shares are trading at a rather high price though, so investors need to be careful there.

Easterly Government Properties: A Pricey But Solid Prospect

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 Capital One Securities Inaugural REIT Conference being held virtually on January 11, 2021. Electronic copies of the wri

Easterly Government Properties to Participate in the Capital One Securities REIT Conference

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 acquired a 73,397-square foot United States District Courthouse in Jackson, TN (“JUD - Jackson"). JUD - Jackson serves as one of two court divisions within the Western District of Tennessee. JUD - Jackson and the We

Easterly Government Properties Acquires a 73,397 SF U.S. District Courthouse in Jackson, Tennessee

City Office REIT

Clipper Realty

I'm not recommending market timing, which is downright dangerous, especially since there are many risk factors weighing on REITs these days.

3 'Must-Have' Small-Cap REITs To Own In 2021

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 acquired a 149,110-square foot U.S. Department of the Interior (DOI) regional office and warehouse facility in Billings, Montana (“DOI - Billings”). DOI - Billings is a 100% leased regional facility that houses seve

Easterly Government Properties Acquires 149,110 SF U.S. Department of the Interior Regional Office and Warehouse Facility in Billings, Montana

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 Jefferies 2020 Virtual Office & Industrial REIT Summit on December 8, 2020. Electronic copies of the written materia

Easterly Government Properties to Participate in Jefferies 2020 Virtual Office & Industrial REIT Summit

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 acquired a 27,569-square foot Heath Resources & Services Administration (HRSA) Clinical Center in Baton Rouge, Louisiana (“HRSA - Baton Rouge”). HRSA - Baton Rouge is a 100% occupied single tenant medical buildi

Easterly Government Properties Acquires 27,569 SF Health Resources and Services Administration Facility in Baton Rouge, Louisiana

Corporate Office Properties Trust

There are a number of REITs that benefit no matter which day these online sales take place. And they're the ones I want to write about today, with one caution.

2 Cyber Monday REIT Deals

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 Nareit's REITworld 2020 Investor Conference, taking place virtually from November 17 – 19, 2020. In addition, members of its managem

Easterly Government Properties to Participate at Nareit's Virtual REITworld 2020 Investor Conference

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 acquired a 97,718-square foot Department of Veterans Affairs (VA) Consolidated Mail Outpatient Pharmacy (CMOP) in North Charleston, South Carolina (“VA - Charleston"). VA - Charleston, a recently delivered single st

Easterly Government Properties Acquires 97,718 SF Department of Veterans Affairs Consolidated Mail Outpatient Pharmacy in North Charleston, South Carolina

Easterly Government's Q3 was business as usual, with no disruptions caused by the ongoing pandemic. Occupancy remains at 100%. At a 52-weak high yield of ~5%, income-oriented investors are likely to find DEA a highly-attractive income option due to its incredibly secure rental collections and mission-critical tenants.

At 100% Occupancy, Easterly Government's 5% Yield Is Optimal For Conservative, Income-Oriented Investors

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, 2020. Highlights for the Quarter Ended September 30, 2020: Net income of $4.8 million, or $0.05 per share on a fully diluted b

Easterly Government Properties Reports Third Quarter 2020 Results

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 the lease has commenced at the newly re-developed 59,690-square foot U.S. Food and Drug Administration (FDA) laboratory located in Lenexa, Kansas (“FDA - Lenexa"). As previously announced, Easterly was awarded

Easterly Government Properties Announces Lease Commencement for 59,690 SF FDA Laboratory Re-Development in Lenexa, KS

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its third quarter 2020 financial results on November 2, 2020. A conference call will be held Monday, November 2, 2020 at 10:00am Eastern time. The management team will review third quarter performance, discuss recent events and conduct a question-and-answer session. Webcast: The conference call will be available in the Investor Relations section of the Company’s website at

Easterly Government Properties Schedules Third Quarter 2020 Earnings Release and Conference Call

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 it has acquired a 76,112-square foot Federal Bureau of Investigation (FBI) field office in Mobile, Alabama (“FBI - Mobile”). FBI - Mobile is a three-story office building and single-story vehicle maintenance facility

Easterly Government Properties Acquires 76,112 SF FBI Field Office in Mobile, Alabama

American Assets

Armada Hoffler Properties

Equity Commonwealth

Empire State Realty Trust

Franklin Street Properties Corp.

Kilroy Realty

Vanguard Real Estate ETF

Did coronavirus kill the office? Despite reporting near-perfect rent collection throughout the pandemic, office REITs continue to be under pressure as the “Work From Home” paradigm threatens the long-term outlook.

Office REITs: Work-From-Home Reckoning

Easterly Government Properties enjoys some of the safest cash flow in the REIT sector, with virtually all of its properties leased to the U.S.'s governmental agencies.

Easterly Government Properties: One Of The Safest 4%+ Yields - Valuation Risks Remain

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.

News for Easterly Government Properties Stock (DEA)