Easterly Government Properties (DEA) to Release Quarterly Earnings on Tuesday

Easterly Government Properties (NYSE:DEA) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.28 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Easterly Government Properties Price Performance

Shares of Easterly Government Properties stock opened at $11.69 on Friday. The business has a 50 day simple moving average of $11.53 and a two-hundred day simple moving average of $11.97. Easterly Government Properties has a 12 month low of $10.27 and a 12 month high of $15.21. The stock has a market capitalization of $1.20 billion, a P/E ratio of 61.53 and a beta of 0.67. The company has a debt-to-equity ratio of 0.92, a current ratio of 4.65 and a quick ratio of 4.65.

Easterly Government Properties Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Thursday, May 9th will be issued a dividend of $0.265 per share. The ex-dividend date of this dividend is Wednesday, May 8th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 9.07%. Easterly Government Properties’s payout ratio is currently 557.92%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered 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.