Reported Earnings • Apr 28
First quarter 2026 earnings released: FFO per share: US$0.8 (vs US$0.77 in 1Q 2025) First quarter 2026 results: FFO per share: US$0.8 (up from US$0.77 in 1Q 2025). Revenue: US$93.2m (up 16% from 1Q 2025). Funds from operations (FFO): US$36.7m (up 14% from 1Q 2025). FFO margin: 39% (in line with 1Q 2025). Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Apr 27
New major risk - Revenue and earnings growth Earnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.6% net profit margin). Declared Dividend • Apr 26
Fourth quarter dividend of US$0.45 announced Dividend of US$0.45 is the same as last year. Ex-date: 7th May 2026 Payment date: 21st May 2026 Dividend yield will be 7.7%, which is higher than the industry average of 5.5%. Ankündigung • Apr 23
Easterly Government Properties, Inc. Announces Quarterly Cash Dividend, Payable on May 21, 2026 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.45 per common share. The dividend will be payable on May 21, 2026 to shareholders of record on May 7, 2026. Ankündigung • Apr 09
Easterly Government Properties, Inc. to Report Q1, 2026 Results on Apr 27, 2026 Easterly Government Properties, Inc. announced that they will report Q1, 2026 results on Apr 27, 2026 Ankündigung • Mar 24
Easterly Government Properties, Inc., Annual General Meeting, Apr 22, 2026 Easterly Government Properties, Inc., Annual General Meeting, Apr 22, 2026. Location: four seasons hotel atlanta, located at 75 14th street ne, georgia 30309, atlanta United States Ankündigung • Feb 24
Easterly Government Properties, Inc. Maintains Earnings Guidance for the Full Year Ending December 31, 2026 Easterly Government Properties, Inc. maintained earnings guidance for the full year ending December 31, 2026. For the year, the company expects Net income (loss) per share – fully diluted basis to be from $0.35 to $0.42. Reported Earnings • Feb 23
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$0.29 (down from US$0.46 in FY 2024). Revenue: US$336.1m (up 9.1% from FY 2024). Net income: US$13.0m (down 32% from FY 2024). Profit margin: 3.9% (down from 6.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.9%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 22
Third quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 5th March 2026 Payment date: 19th March 2026 Dividend yield will be 7.5%, which is higher than the industry average of 5.5%. Ankündigung • Feb 19
Easterly Government Properties Announces Quarterly Cash Dividend, Payable on March 19, 2026 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.45 per common share. The dividend will be payable on March 19, 2026 to shareholders of record on March 5, 2026. Ankündigung • Feb 03
Easterly Government Properties, Inc. to Report Q4, 2025 Results on Feb 23, 2026 Easterly Government Properties, Inc. announced that they will report Q4, 2025 results on Feb 23, 2026 Major Estimate Revision • Nov 07
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$0.33 to US$0.29 per share. Revenue forecast steady at US$336.6m. Net income forecast to grow 34% next year vs 3.0% growth forecast for Office REITs industry in the US. Consensus price target of US$23.58 unchanged from last update. Share price was steady at US$21.37 over the past week. Reported Earnings • Oct 28
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: FFO per share: US$0.8 (up from US$0.75 in 3Q 2024). Revenue: US$87.7m (up 15% from 3Q 2024). Funds from operations (FFO): US$34.8m (up 14% from 3Q 2024). FFO margin: 40% (in line with 3Q 2024). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 70%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 27
Easterly Government Properties, Inc. Adjusts Earnings Guidance for the Year Ending December 31, 2025 and Provides Earnings Guidance for the Year Ending December 31, 2026 Easterly Government Properties, Inc. adjusted earnings guidance for the year ending December 31, 2025 and provided earnings guidance for the year ending December 31, 2026. For the year 2025, the company expects net income per share – fully diluted basis to be between $0.32 to $0.36.
For the year 2026, the company expects net income per share – fully diluted basis to be between $0.35 to $0.42. Declared Dividend • Oct 27
Second quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 7th November 2025 Payment date: 20th November 2025 Dividend yield will be 8.9%, which is higher than the industry average of 5.5%. Ankündigung • Oct 24
Easterly Government Properties Announces Quarterly Dividend, Payable on November 20, 2025 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.45 per common share. The dividend will be payable on November 20, 2025 to shareholders of record on November 7, 2025. Ankündigung • Oct 08
Easterly Government Properties, Inc. to Report Q3, 2025 Results on Oct 27, 2025 Easterly Government Properties, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 27, 2025 Major Estimate Revision • Aug 17
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from US$0.485 to US$0.425 per share. Revenue forecast steady at US$337.4m. Net income forecast to grow 30% next year vs 11% growth forecast for Office REITs industry in the US. Consensus price target up from US$23.24 to US$23.75. Share price was steady at US$21.94 over the past week. Reported Earnings • Aug 05
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.09 (down from US$0.11 in 2Q 2024). Revenue: US$84.2m (up 8.6% from 2Q 2024). Net income: US$4.07m (down 9.0% from 2Q 2024). Profit margin: 4.8% (down from 5.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 36%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 22% per year. Ankündigung • Aug 05
Easterly Government Properties, Inc. Maintains Earnings Guidance for the Twelve Months Ending December 31, 2025 Easterly Government Properties, Inc. maintained earnings guidance for the twelve months ending December 31, 2025. For the year, the company expects Net income per share – fully diluted basis $0.48 - $0.53. Declared Dividend • Aug 03
First quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 13th August 2025 Payment date: 25th August 2025 Dividend yield will be 10%, which is higher than the industry average of 5.5%. Ankündigung • Jul 31
Easterly Government Properties, Inc. Approves Quarterly Cash Dividend, Payable on August 25, 2025 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.45 per common share. The dividend will be payable on August 25, 2025 to shareholders of record on August 13, 2025. Ankündigung • Jul 14
Easterly Government Properties, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Easterly Government Properties, Inc. announced that they will report Q2, 2025 results on Aug 05, 2025 Price Target Changed • May 09
Price target increased by 25% to US$25.75 Up from US$20.54, the current price target is an average from 6 analysts. New target price is 27% above last closing price of US$20.26. Stock is down 32% over the past year. The company is forecast to post earnings per share of US$0.51 for next year compared to US$0.46 last year. Major Estimate Revision • May 06
Consensus EPS estimates fall by 15%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$326.0m to US$333.6m. EPS estimate fell from US$0.60 to US$0.51 per share. Net income forecast to grow 22% next year vs 6.6% growth forecast for Office REITs industry in the US. Consensus price target down from US$26.88 to US$23.00. Share price was steady at US$20.30 over the past week. New Risk • May 01
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 8.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Ankündigung • Apr 30
Easterly Government Properties, Inc. Raises Earnings Guidance for the Twelve Months Ending December 31, 2025 Easterly Government Properties, Inc. raised Earnings Guidance for the twelve months ending December 31, 2025. For the year, the company expected Net income(loss) per share – fully diluted basis to be in the range of $0.48 to $0.53. Reported Earnings • Apr 29
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: US$0.072 (down from US$0.11 in 1Q 2024). Revenue: US$78.7m (up 6.0% from 1Q 2024). Net income: US$3.13m (down 30% from 1Q 2024). Profit margin: 4.0% (down from 6.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 44%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year and the company’s share price has also fallen by 25% per year. Upcoming Dividend • Apr 28
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 05 May 2025. Payment date: 17 May 2025. Trailing yield: 13%. Within top quartile of American dividend payers (4.9%). Higher than average of industry peers (5.3%). Ankündigung • Apr 21
Easterly Government Properties, Inc., Annual General Meeting, May 22, 2025 Easterly Government Properties, Inc., Annual General Meeting, May 22, 2025. Location: at 2001kstreet, nw, suite 775north, d.c. 20006, washington United States Declared Dividend • Apr 13
Fourth quarter dividend reduced to US$0.18 Dividend of US$0.18 is 32% lower than last year. Ex-date: 5th May 2025 Payment date: 17th May 2025 Dividend yield will be 12%, which is higher than the industry average of 5.5%. Ankündigung • Apr 11
Easterly Government Properties, Inc. to Report Q1, 2025 Results on Apr 29, 2025 Easterly Government Properties, Inc. announced that they will report Q1, 2025 results on Apr 29, 2025 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$8.23, the stock trades at a forward P/E ratio of 32x. Average trailing P/E is 65x in the Office REITs industry in the US. Total loss to shareholders of 48% over the past three years. Ankündigung • Apr 10
Easterly Government Properties, Inc. Announces Quarterly Dividend, Payable on May 17, 2025 Easterly Government Properties, Inc. announced that its Board of Directors has approved a reduction of $0.085, or approximately 32.0%, from the Company’s prior quarter dividend of $0.265 per share. The dividend will be payable on May 17, 2025 to shareholders of record on May 5, 2025. Ankündigung • Feb 26
Easterly Government Properties, Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2025 Easterly Government Properties, Inc. provided earnings guidance for the full-year ending December 31, 2025. For the year, the company expected Net income per share – fully diluted basis to be in the range of $0.20 to $0.23. Reported Earnings • Feb 26
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$0.19. Revenue: US$302.1m (up 3.2% from FY 2023). Net income: US$19.6m (up 7.4% from FY 2023). Profit margin: 6.5% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.3%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Office REITs industry in the US. Declared Dividend • Feb 23
Third quarter dividend of US$0.27 announced Dividend of US$0.27 is the same as last year. Ex-date: 5th March 2025 Payment date: 17th March 2025 Dividend yield will be 9.8%, which is higher than the industry average of 5.5%. Major Estimate Revision • Feb 22
Consensus EPS estimates fall by 14% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.22 to US$0.19. Revenue forecast unchanged from US$300.8m at last update. Net income forecast to grow 38% next year vs 24% growth forecast for Office REITs industry in the US. Consensus price target of US$12.60 unchanged from last update. Share price was steady at US$10.79 over the past week. Ankündigung • Feb 04
Easterly Government Properties, Inc. to Report Q4, 2024 Results on Feb 25, 2025 Easterly Government Properties, Inc. announced that they will report Q4, 2024 results on Feb 25, 2025 Price Target Changed • Jan 03
Price target decreased by 7.3% to US$12.67 Down from US$13.67, the current price target is an average from 6 analysts. New target price is 10.0% above last closing price of US$11.52. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$0.20 for next year compared to US$0.19 last year. New Risk • Dec 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (5.9% net profit margin). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). New Risk • Nov 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (5.9% net profit margin). Shareholders have been diluted in the past year (9.7% increase in shares outstanding). Reported Earnings • Nov 07
Third quarter 2024 earnings: EPS in line with expectations, revenues disappoint Third quarter 2024 results: FFO per share: US$0.3. Revenue: US$76.4m (up 4.1% from 3Q 2023). Funds from operations (FFO): US$30.6m (up 2.2% from 3Q 2023). FFO margin: 40% (in line with 3Q 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, while revenues in the Office REITs industry in the US are expected to remain flat. Declared Dividend • Nov 06
Second quarter dividend of US$0.27 announced Dividend of US$0.27 is the same as last year. Ex-date: 15th November 2024 Payment date: 27th November 2024 Dividend yield will be 7.8%, which is higher than the industry average of 5.5%. Ankündigung • Nov 05
Easterly Government Properties, Inc. Provides Earnings Guidance for the Full-Year Ending December 31, 2025 Easterly Government Properties, Inc. provided earnings guidance for the full-year ending December 31, 2025. For the period, the company expects net income per share – fully diluted basis between $0.24 per share to $0.28 per share. Ankündigung • Nov 01
Easterly Government Properties, Inc. Approves Quarterly Cash Dividend, Payable on November 27, 2024 Easterly Government Properties, Inc. announced that its board of directors has approved a quarterly cash dividend of $0.265 per common share. The dividend will be payable on November 27, 2024 to shareholders of record on November 15, 2024. New Risk • Oct 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Ankündigung • Oct 16
Easterly Government Properties, Inc. to Report Q3, 2024 Results on Nov 05, 2024 Easterly Government Properties, Inc. announced that they will report Q3, 2024 results at 9:30 AM, US Eastern Standard Time on Nov 05, 2024 New Risk • Sep 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). New Risk • Sep 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). New Risk • Aug 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Ankündigung • Aug 24
Easterly Government Properties, Inc. Announces Resignation of Meghan G. Baivier as President and Chief Operating Officer, Effective September 13, 202 On August 15, 2024, Meghan G. Baivier, President and Chief Operating Officer of Easterly Government Properties, Inc. resigned from her positions with the Company, effective September 13, 2024. Ms. Baivier resigned to pursue another opportunity, and there were no disagreements between the Company and Ms. Baivier on any matter regarding its operations, policies or practices. The Company is grateful for Ms. Baivier’s many contributions and wishes her well in her next endeavor. Reported Earnings • Aug 01
Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations Second quarter 2024 results: EPS: US$0.045 (down from US$0.053 in 2Q 2023). Revenue: US$76.2m (up 4.7% from 2Q 2023). Net income: US$4.61m (down 6.9% from 2Q 2023). Profit margin: 6.0% (down from 6.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year. Major Estimate Revision • Jul 26
Consensus EPS estimates fall by 30% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.27 to US$0.19. Revenue forecast unchanged from US$301.3m at last update. Net income forecast to shrink 1.6% next year vs 28% growth forecast for Office REITs industry in the US . Consensus price target of US$12.60 unchanged from last update. Share price rose 3.9% to US$13.95 over the past week. Upcoming Dividend • Jul 25
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 01 August 2024. Payment date: 13 August 2024. Trailing yield: 7.8%. Within top quartile of American dividend payers (4.4%). Higher than average of industry peers (5.1%). Ankündigung • Jul 18
Easterly Government Properties, Inc. Announces Quarterly Cash Dividend, Payable on August 13, 2024 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share. The dividend will be payable on August 13, 2024 to shareholders of record on August 1, 2024. Ankündigung • Jul 11
Easterly Government Properties, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Easterly Government Properties, Inc. announced that they will report Q2, 2024 results on Jul 31, 2024 New Risk • Jun 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Dividend is not well covered by cash flows (105% cash payout ratio). Profit margins are more than 30% lower than last year (6.4% net profit margin). Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Major Estimate Revision • Jun 02
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$306.4m to US$303.2m. EPS estimate also fell from US$0.27 per share to US$0.235 per share. Net income forecast to grow 13% next year vs 24% growth forecast for Office REITs industry in the US. Consensus price target of US$12.33 unchanged from last update. Share price was steady at US$11.84 over the past week. Reported Earnings • May 01
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: US$0.045 (up from US$0.041 in 1Q 2023). Revenue: US$72.8m (flat on 1Q 2023). Net income: US$4.63m (up 24% from 1Q 2023). Profit margin: 6.4% (up from 5.2% in 1Q 2023). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Ankündigung • May 01
Easterly Government Properties, Inc. Provides Earnings Guidance for the Full-Year 2024 Easterly Government Properties, Inc. provided earnings guidance for the full-year 2024. For the period, the company expects net income (loss) per share – fully diluted basis between $0.22 per share to $0.24 per share. Major Estimate Revision • Apr 29
Consensus EPS estimates fall by 19% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from US$0.31 to US$0.25 per share. Revenue forecast steady at US$300.9m. Net income forecast to grow 14% next year vs 3.4% growth forecast for Office REITs industry in the US. Consensus price target of US$12.67 unchanged from last update. Share price was steady at US$11.68 over the past week. Declared Dividend • Apr 29
Fourth quarter dividend of US$0.27 announced Dividend of US$0.27 is the same as last year. Ex-date: 8th May 2024 Payment date: 21st May 2024 Dividend yield will be 9.1%, which is higher than the industry average of 5.5%. Ankündigung • Apr 27
Easterly Government Properties, Inc. Announces Quarterly Dividend, Payable on May 21, 2024 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share. The dividend will be payable on May 21, 2024 to shareholders of record on May 9, 2024. Ankündigung • Apr 10
Easterly Government Properties, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Easterly Government Properties, Inc. announced that they will report Q1, 2024 results on Apr 30, 2024 Ankündigung • Apr 06
Easterly Government Properties, Inc., Annual General Meeting, May 17, 2024 Easterly Government Properties, Inc., Annual General Meeting, May 17, 2024, at 13:00 US Eastern Standard Time. Location: at 2001 K Street, NW, Suite 775 North Washington, D.C. United States Agenda: To consider and elect the seven directors to serve on Board of Directors until next annual meeting of stockholders and until their successors are duly elected and qualified; to consider the compensation of named executive officers; to consider the frequency of stockholder advisory votes on the compensation of named executive officers; to consider and approve the Easterly Government Properties, Inc. 2024 Equity Incentive Plan; and to ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024. Major Estimate Revision • Mar 20
Consensus EPS estimates fall by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$305.2m to US$297.9m. EPS estimate also fell from US$0.28 per share to US$0.22 per share. Net income forecast to grow 6.0% next year vs 6.0% growth forecast for Office REITs industry in the US. Consensus price target down from US$13.33 to US$12.67. Share price fell 2.6% to US$11.34 over the past week. New Risk • Mar 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Dividend is not well covered by cash flows (106% cash payout ratio). Profit margins are more than 30% lower than last year (6.2% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding). Ankündigung • Feb 29
Easterly Government Properties, Inc. Provides Earnings Guidance for the Full-Year Ending December 31, 2024 Easterly Government Properties, Inc. provided earnings guidance for the full-year ending December 31, 2024. For the year, the company expects net income per share – fully diluted basis to be between $0.22 to $0.24. New Risk • Feb 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.5% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.5% net profit margin). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$0.20 (vs US$0.34 in FY 2022) Full year 2023 results: EPS: US$0.20 (down from US$0.34 in FY 2022). Revenue: US$287.2m (down 3.3% from FY 2022). Net income: US$18.8m (down 39% from FY 2022). Profit margin: 6.5% (down from 10% in FY 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Upcoming Dividend • Feb 27
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 05 March 2024. Payment date: 18 March 2024. Trailing yield: 9.3%. Within top quartile of American dividend payers (4.8%). Higher than average of industry peers (5.4%). Declared Dividend • Feb 25
Third quarter dividend of US$0.27 announced Dividend of US$0.27 is the same as last year. Ex-date: 5th March 2024 Payment date: 18th March 2024 Dividend yield will be 9.1%, which is higher than the industry average of 5.5%. Ankündigung • Feb 22
Easterly Government Properties, Inc. Announces Quarterly Dividend, Payable on March 18, 2024 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share. The dividend will be payable on March 18, 2024 to shareholders of record on March 6, 2024. Ankündigung • Feb 07
Easterly Government Properties, Inc. to Report Q4, 2023 Results on Feb 27, 2024 Easterly Government Properties, Inc. announced that they will report Q4, 2023 results at 9:30 AM, US Eastern Standard Time on Feb 27, 2024 New Risk • Jan 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). New Risk • Dec 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Ankündigung • Nov 01
Easterly Government Properties, Inc. Provides Earnings Guidance for the Year Ending December 31, 2023 Easterly Government Properties, Inc. provided earnings guidance for the year ending December 31, 2023. for the year, the company expects Net income (loss) per share – fully diluted basis of $0.20 to $0.22. Upcoming Dividend • Nov 01
Upcoming dividend of US$0.27 per share at 9.9% yield Eligible shareholders must have bought the stock before 08 November 2023. Payment date: 21 November 2023. Trailing yield: 9.9%. Within top quartile of American dividend payers (5.3%). Higher than average of industry peers (7.2%). Reported Earnings • Oct 31
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: EPS: US$0.057 (up from US$0.006 in 3Q 2022). Revenue: US$72.0m (down 5.1% from 3Q 2022). Net income: US$5.37m (up US$4.87m from 3Q 2022). Profit margin: 7.5% (up from 0.7% in 3Q 2022). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Office REITs industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Ankündigung • Oct 27
Easterly Government Properties, Inc. Announces Quarterly Dividend, Payable on November 21, 2023 Easterly Government Properties, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.265 per common share. Thedividend will be payable on November 21, 2023 to shareholders of record on November 9, 2023. Ankündigung • Oct 24
Easterly Government Properties, Inc. (NYSE:DEA) acquired 35,005 leased square foot United States District Courthouse in Newport News, Virginia. Easterly Government Properties, Inc. (NYSE:DEA) acquired 35,005 leased square foot United States District Courthouse in Newport News, Virginia on October 23, 2023.
Easterly Government Properties, Inc. (NYSE:DEA) completed the acquisition of 35,005 leased square foot United States District Courthouse in Newport News, Virginia on October 23, 2023.