Easterly Government Properties Inc (NYSE: DEA) is -15.25% lower on its value in year-to-date trading and has touched a low of $10.27 and a high of $15.21 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 $11.19 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $11.39, the stock is -1.38% and -4.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing 1.79% at the moment leaves the stock -10.45% off its SMA200. DEA registered -10.03% loss for a year compared to 6-month gain of -1.98%. The firm has a 50-day simple moving average (SMA 50) of $8.53 and a 200-day simple moving average (SMA200) of $15.18.
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The stock witnessed a -3.06% loss in the last 1 month and extending the period to 3 months gives it a -16.56%, and is 0.44% up 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 1.80% over the week and 2.10% over the month.
Easterly Government Properties Inc (DEA) has around 56 employees, a market worth around $1.17B and $287.23M in sales. Current P/E ratio is 59.11 and Fwd P/E is 45.56. Profit margin for the company is 6.34%. Distance from 52-week low is 10.91% and -25.12% from its 52-week high. The company has generated returns on investments over the last 12 months (0.74%).
Easterly Government Properties Inc quarterly earnings per share for the current quarter are estimated at $0.06 with sales reaching $74.18M over the same period.The EPS is expected to grow by 44.74% this year, but quarterly earnings will post 4.50% year-over-year. Quarterly sales are estimated to grow 4.20% in year-over-year returns.
387 institutions hold shares in Easterly Government Properties Inc (DEA), with institutional investors hold 88.60% of the company’s shares. The shares outstanding are 100.97M, and float is at 95.38M with Short Float at 3.35%. Institutions hold 83.14% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 17.48 million shares valued at $253.5 million. The investor’s holdings represent 18.72% of the DEA Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 10.71 million shares valued at $155.34 million to account for 11.47% of the shares outstanding. The other top investors are State Street Corporation which holds 5.94 million shares representing 6.36% and valued at over $86.18 million, while Westwood Holdings Group Inc. holds 2.33% of the shares totaling 2.18 million with a market value of $31.58 million.
Easterly Government Properties Inc (DEA) Insider Activity
The most recent transaction is an insider purchase by Crate Darrell W, the company’s Chairman. SEC filings show that Crate Darrell W bought 8,000 shares of the company’s common stock on Dec 13 ’23 at a price of $13.14 per share for a total of $0.11 million. Following the purchase, the insider now owns 92174.0 shares.
