Monthly Drifts in Easterly Government Properties Inc (DEA) Stock: A Closer Look

Easterly Government Properties Inc [DEA] stock is trading at $11.90, up 3.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DEA shares have gain 6.06% over the last week, with a monthly amount glided 0.85%, and seem to be holding up well over a long-time horizon.

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On 9, April 2024, Easterly Government Properties Schedules First Quarter 2024 Earnings Release and Conference Call. In a post published today on Yahoo Finance, Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its first quarter 2024 financial results on April 30, 2024.

From an analyst’s perspective:

Easterly Government Properties Inc [NYSE: DEA] stock has seen the most recent analyst activity on August 16, 2023, when RBC Capital Mkts downgraded its rating to a Underperform and also revised its price target to $13 from $15. Previously, Compass Point upgraded its rating to Buy on March 28, 2023, and kept the price target unchanged to $17. On December 16, 2022, downgrade downgraded it’s rating to Underperform and revised its price target to $14 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $15.50 on December 14, 2022. Compass Point downgraded its rating to a Neutral but $17 remained the price target by the analyst firm on November 03, 2022. Raymond James downgraded its rating to Mkt Perform for this stock on January 10, 2022. In a note dated January 07, 2022, BMO Capital Markets downgraded an Market Perform rating on this stock but restated the target price of $24.

Easterly Government Properties Inc [DEA] stock has fluctuated between $10.27 and $15.21 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Easterly Government Properties Inc [NYSE: DEA] shares were valued at $11.90 at the most recent close of the market. An investor can expect a potential drop of -7.56% based on the average DEA price forecast.

Analyzing the DEA fundamentals

Easterly Government Properties Inc [NYSE:DEA] reported sales of 287.23M for the trailing twelve months, which represents a drop of -1.21%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.98.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.65 points at the first support level, and at 11.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.02, and for the 2nd resistance point, it is at 12.15.

Easterly Government Properties Inc [DEA] reported earnings per share of $0.04 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.06/share, meaning a difference of -$0.02 and a surprise factor of -33.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.06 per share as compared to estimates of $0.06 per share, a difference of $0 representing a surprise of 0.00%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 4.24, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 61.75.

Transactions by insiders

Recent insider trading involved Crate Darrell W, Chairman, that happened on Dec 13 ’23 when 8000.0 shares were purchased.

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