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Easterly Government Properties Inc. (DEA) Analysis & Forecast for 2022

Easterly Government Properties Inc. (NYSE: DEA) is -16.67% lower on its value in year-to-date trading and has touched a low of $18.01 and a high of $23.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DEA stock was last observed hovering at around $18.97 in the last trading session, with the day’s gains setting it 0.13% off its average median price target of $21.50 for the next 12 months. It is also 29.26% off the consensus price target high of $27.00 offered by 7 analysts, but current levels are 4.5% higher than the price target low of $20.00 for the same period.

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Currently trading at $19.10, the stock is 0.16% and -0.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing 0.69% at the moment leaves the stock -7.83% off its SMA200. DEA registered -11.86% loss for a year compared to 6-month loss of -15.41%. The firm has a 50-day simple moving average (SMA 50) of $19.14 and a 200-day simple moving average (SMA200) of $20.71.

The stock witnessed a 1.06% gain in the last 1 month and extending the period to 3 months gives it a -5.59%, and is -0.83% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.63% over the week and 2.08% over the month.

Easterly Government Properties Inc. (DEA) has around 53 employees, a market worth around $1.75B and $282.20M in sales. Current P/E ratio is 55.20 and Fwd P/E is 44.94. Profit margin for the company is 10.60%. Distance from 52-week low is 6.05% and -19.24% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).

Easterly Government Properties Inc. (DEA) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Easterly Government Properties Inc. (DEA) is a “Overweight”. 7 analysts offering their recommendations for the stock have an average rating of 2.40, where 5 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Easterly Government Properties Inc. is expected to release its quarterly report on 11/01/2022.The EPS is expected to grow by 136.00% this year.

Easterly Government Properties Inc. (DEA) Top Institutional Holders

The shares outstanding are 90.15M, and float is at 89.74M with Short Float at 7.23%.

Easterly Government Properties Inc. (DEA) Insider Activity

A total of 12 insider transactions have happened at Easterly Government Properties Inc. (DEA) in the last six months, with sales accounting for 4 and purchases happening 8 times. The most recent transaction is an insider sale by Trimble William C. ,the company’sPresident & CEO. SEC filings show that Trimble William C. sold 7,000 shares of the company’s common stock on Mar 29 at a price of $21.40 per share for a total of $0.15 million. Following the sale, the insider now owns 91279.0 shares.

Easterly Government Properties Inc. disclosed in a document filed with the SEC on Mar 15 that Crate Darrell W (Chairman) sold a total of 10,406 shares of the company’s common stock. The trade occurred on Mar 15 and was made at $20.94 per share for $0.22 million. Following the transaction, the insider now directly holds 773.0 shares of the DEA stock.

Still, SEC filings show that on Mar 14, Crate Darrell W (Chairman) disposed off 10,000 shares at an average price of $20.81 for $0.21 million. The insider now directly holds 7,428 shares of Easterly Government Properties Inc. (DEA).

Easterly Government Properties Inc. (DEA): Who are the competitors?

The company’s main competitors (and peers) include Urban Edge Properties (UE) that is trading -24.38% down over the past 12 months and Digital Realty Trust Inc. (DLR) that is -23.09% lower over the same period. Short interest in the company’s stock has risen 6.16% from the last report on Apr 28, 2022 to stand at a total of 6.09 million short shares sold with a short interest ratio of 9.51.

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