EASTERLY GOVERNMENT PROPERTIES Forecasts $1.27 Earnings Per Share for Fiscal Year 2022
January 6, 2023
Trending News ☀️
Easterly Government Properties ($NYSE:DEA), Inc. (DEA) is a real estate investment trust that specializes in the acquisition, ownership, and management of modern office buildings leased to government tenants. Easterly Government Properties has recently forecasted their earnings per share for the fiscal year 2022. The company’s stock has been performing well on the market, and the earnings guidance has been met with positive investor response. This is due to the strong performance of Easterly Government Properties’ portfolio, which has seen increased occupancy and increased rental rates across its properties. Easterly Government Properties has also seen increased demand for properties due to the increased need for government offices.
Easterly Government Properties’ portfolio is diversified across many different types of tenants and locations, which helps to mitigate risk and provide stability to the company’s earnings. The company’s focus on government tenants provides it with a more stable tenant base than other REITs, which often have more tenant turnover. The company’s strong financial position, combined with its robust earnings guidance, has made it an attractive investment option for many investors. Easterly Government Properties is well-positioned to continue its growth and generate strong returns for its shareholders in the coming years.
Share Price
This news has been widely covered in the media, and the reports have been largely positive. On Wednesday, the stock opened at $14.5 and closed at $14.8, a 2.4% increase from the previous closing price of $14.5. This jump in the stock price is an encouraging sign for investors, indicating that the market anticipates a strong year for the company. Easterly Government Properties specializes in acquiring, developing, owning and managing government-leased properties. The company has a vast portfolio of properties across the country, with a focus on defense, intelligence, and other government services. Their unique portfolio of high-quality properties affords them a steady stream of income that is largely unaffected by economic cycles and market forces.
They anticipate strong revenue growth and improved profitability, which will be driven by their expanding portfolio of properties and their focus on cost containment and efficiency initiatives. They also plan to continue to explore strategic acquisitions and partnerships in order to further expand their reach. Overall, Easterly Government Properties appears to be in a strong position heading into the fiscal year 2022. Their positive forecasts, combined with their impressive portfolio of properties, make them an attractive option for investors looking for an opportunity with strong potential for growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for DEA. More…
| Total Revenues | Net Income | Net Margin |
| 291.74 | 21.54 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for DEA. More…
| Operations | Investing | Financing |
| 127.67 | -424.9 | 294.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for DEA. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.96k | 1.54k | 13.8 |
Key Ratios Snapshot
Some of the financial key ratios for DEA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 25.7% |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis
Investors looking for a company with strong fundamentals and long-term potential should consider EASTERLY GOVERNMENT PROPERTIES. According to VI Star Chart, the company has an intermediate health score of 6/10 with regard to its cashflows and debt, indicating it may be able to safely ride out any crisis without the risk of bankruptcy. Further, EASTERLY GOVERNMENT PROPERTIES is strong in asset, dividend, growth and medium in profitability, making it an attractive option for investors. EASTERLY GOVERNMENT PROPERTIES is classified as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. Such companies are attractive to value investors as well as income investors who are looking for steady returns. Growth investors may find the company appealing due to its ability to generate consistent earnings and its focus on long-term growth. Furthermore, its strong balance sheet and cash flows suggest that it is capable of weathering any economic downturns. In short, EASTERLY GOVERNMENT PROPERTIES is an attractive option for investors looking for a company with strong fundamentals and long-term potential. Its strong balance sheet and cash flows make it an ideal choice for value and income investors, while its focus on growth makes it attractive to growth investors as well. More…
VI Peers
Government Properties Income Trust is a real estate investment trust that owns and operates U.S. federal, state, and local government facilities. The company was founded in 2009 and is headquartered in Boston, Massachusetts. As of December 31, 2016, the company owned 148 properties in 33 states and Washington, D.C.
– Seritage Growth Properties ($NYSE:SRG)
Heritage Growth Properties is a publicly traded real estate investment trust that owns, operates, and develops high-quality, well-occupied office properties in the United States. The company’s portfolio consists of 79 office properties located in 27 states.
– Medalist Diversified REIT Inc ($NASDAQ:MDRR)
Diversified REIT Inc is a real estate investment trust that owns, operates, and develops a portfolio of properties in the United States. The company’s portfolio includes office, retail, industrial, and multifamily properties. As of December 31, 2020, it owned and operated 703 properties with a total of 102.4 million square feet of space.
– Deutsche Konsum REIT-AG ($LTS:0RDE)
Deutsche Konsum REIT-AG is a Germany-based company that focuses on the retail sector. The company invests in shopping centers and retail parks. As of December 31, 2020, the company’s portfolio consisted of 97 properties with a total value of approximately EUR 3.6 billion.
Summary
EASTERLY GOVERNMENT PROPERTIES has seen positive news coverage regarding its fiscal year 2022 earnings, forecasting $1.27 earnings per share. This suggests that investing in the company is likely to be a sound decision. Analysts believe that the company’s strong financial performance and portfolio of properties will continue to provide a steady return in the future.
Furthermore, the company’s track record of successful acquisitions and divestments indicates that its stock should remain attractive to investors looking for long-term growth. With its solid financial position, the company is well-positioned to take advantage of any opportunities that arise in the industry.
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