As of close of business last night, Easterly Government Properties Inc’s stock clocked out at $11.60, down -0.34% from its previous closing price of $11.64. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 823723 shares were traded.
Ratios:
To gain a deeper understanding of DEA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.36. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.87.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on August 16, 2023, Downgraded its rating to Underperform and sets its target price to $13 from $15 previously.
On March 28, 2023, Compass Point Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $17.
BMO Capital Markets Downgraded its Market Perform to Underperform on December 16, 2022, whereas the target price for the stock was revised from $18 to $14.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 13 ’23 when Crate Darrell W bought 8,000 shares for $13.14 per share. The transaction valued at 105,120 led to the insider holds 92,174 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DEA now has a Market Capitalization of 1.19B and an Enterprise Value of 2.47B. As of this moment, Easterly’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.20, and their Forward P/E ratio for the next fiscal year is 37.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.13 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 8.61 whereas that against EBITDA is 15.31.
Stock Price History:
Over the past 52 weeks, DEA has reached a high of $15.40, while it has fallen to a 52-week low of $10.27. The 50-Day Moving Average of the stock is 12.51, while the 200-Day Moving Average is calculated to be 12.89.
Shares Statistics:
It appears that DEA traded 1.07M shares on average per day over the past three months and 1.31M shares per day over the past ten days. A total of 100.97M shares are outstanding, with a floating share count of 94.86M. Insiders hold about 7.32% of the company’s shares, while institutions hold 81.26% stake in the company. Shares short for DEA as of Feb 15, 2024 were 3.72M with a Short Ratio of 3.47, compared to 3.66M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.69% and a Short% of Float of 5.12%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.06, DEA has a forward annual dividend rate of 1.32. Against a Trailing Annual Dividend Yield of 9.11%, it implies a Forward Annual Dividend Yield of 9.14%. The stock’s 5-year Average Dividend Yield is 5.76.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.07, while EPS last year was $0.04. The consensus estimate for the next quarter is $0.08, with high estimates of $0.08 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.33 and $0.25 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.31, with 1 analysts recommending between $0.31 and $0.31.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $75.23M. It ranges from a high estimate of $76.19M to a low estimate of $73.81M. As of the current estimate, Easterly Government Properties Inc’s year-ago sales were $71.22M, an estimated increase of 5.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $76.66M, an increase of 7.40% over than the figure of $5.60% in the same quarter last year. There is a high estimate of $77.58M for the next quarter, whereas the lowest estimate is $75.54M.
A total of 5 analysts have provided revenue estimates for DEA’s current fiscal year. The highest revenue estimate was $312.3M, while the lowest revenue estimate was $290.3M, resulting in an average revenue estimate of $304.3M. In the same quarter a year ago, actual revenue was $287.23M, up 5.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $331.13M in the next fiscal year. The high estimate is $340M and the low estimate is $325.74M. The average revenue growth estimate for next year is up 8.80% from the average revenue estimate for this year.
