Easterly Government Properties Inc (DEA)

In the past six months, Easterly Government Properties' stock experienced an 11% gain after its Q3 2025 earnings report, but a 1-year total shareholder return showed a 10.9% decline. A quarterly dividend cut from $0.66 to $0.45 occurred, contributing to negative market sentiment despite improved financials. Q3 2025 revenues were $86.1 million, exceeding consensus by $1.2 million, and FFO was $0.76 per share, slightly above estimates. Analysts have a "Neutral" consensus rating for DEA. The 52-week high was $29.49, and the 52-week low was $19.33.

Due to Easterly Government Properties' business model of leasing to U.S. Government agencies under long-term leases, the demand for its products and services exhibits low seasonality. The company's portfolio remains highly occupied with long-term government leases, which supports stable cash flows. The federal government's ongoing modernization and renewal of real estate procurement further contributes to consistent demand and revenue.

Easterly Government Properties, Inc. (DEA) is a fully integrated real estate investment trust (REIT) focused on acquiring, developing, and managing Class A commercial properties leased to U.S. Government agencies. The company aims to generate risk-adjusted returns through dividends and capital appreciation, operating within the Real Estate sector, specifically in the Office REIT industry.

Easterly Government Properties has a geographically diversified portfolio across the United States, with over 100 properties acquired and developed, encompassing millions of square feet of government-affiliated real estate. The portfolio maintains a high occupancy rate of 97%.

Easterly Government Properties' brand reputation is tied to its stable business model of leasing to U.S. Government agencies, providing predictable cash flows due to long-term leases and high occupancy rates. Its specialization in mission-critical non-defense federal tenants is a competitive advantage. However, the dividend cut contributed to some negative sentiment, and analyst ratings are generally "Hold."

Easterly Government Properties, Inc. has 464 institutional owners and shareholders holding a total of 39,333,652 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and State Street Corp. As of December 31, 2025, Vanguard Group Inc. held 4,831,169 shares, and as of September 30, 2025, Blackrock, Inc. held 7,447,806 shares. Individual investors and insiders hold approximately 0.49% of the total shares.