Easterly Government Properties (DEA) Set to Announce Earnings on Tuesday

Easterly Government Properties (NYSE:DEA) is set to release its earnings data before the market opens on Tuesday, April 30th. Analysts expect Easterly Government Properties to post earnings of $0.28 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Easterly Government Properties Price Performance

NYSE DEA opened at $11.69 on Monday. Easterly Government Properties has a 52 week low of $10.27 and a 52 week high of $15.21. The company has a current ratio of 4.65, a quick ratio of 4.65 and a debt-to-equity ratio of 0.92. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 61.53 and a beta of 0.67. The company has a 50-day moving average price of $11.53 and a two-hundred day moving average price of $11.97.

Easterly Government Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Thursday, May 9th will be issued a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 9.07%. The ex-dividend date of this dividend is Wednesday, May 8th. Easterly Government Properties’s dividend payout ratio (DPR) is presently 557.92%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Easterly Government Properties from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd.

About Easterly Government Properties

Easterly Government Properties, Inc (NYSE: DEA) is based in Washington, DC, 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.