Easterly Government Properties stock hits 52-week low at $10.53

Easterly Government Properties , Inc. (NYSE:DEA) stock has reached a new 52-week low, touching down at $10.53. This latest price movement reflects a notable decline in the company’s stock value over the past year, with a 1-year change showing a decrease of -8.99%. Despite the decline, the company maintains a substantial 9.97% dividend yield, though InvestingPro analysis indicates short-term liquidity concerns. Investors are closely monitoring the stock as it hits this low point, considering the broader implications for the real estate investment trust specializing in properties leased to U.S. Government agencies. The company’s performance is being scrutinized amidst a challenging economic environment, with analyst targets suggesting potential upside of 13%. For deeper insights, InvestingPro subscribers can access comprehensive analysis including 6 additional ProTips and a detailed Pro Research Report, part of their coverage of 1,400+ US stocks.

In other recent news, Truist Securities has revised its outlook on Easterly Government Properties, a real estate investment trust that specializes in properties leased to U.S. government agencies. The firm’s analyst has lowered the price target for the company’s shares to $13.00, a decrease from the previous $14.00, but continues to maintain a Hold rating. This adjustment comes as the analyst makes minor modifications to their financial model for Easterly Government Properties. Despite the decrease in the price target, the new figure suggests a potential total return of 18%, incorporating an 8.9% dividend yield. This yield is projected to closely align with the company’s cash flow for 2025. The analyst’s decision to keep the Hold rating signifies a careful approach, with an emphasis on waiting for additional information. The impact of the new Department of Government Efficiency (DOGE) on Easterly Government Properties is a crucial piece of information that the firm is closely monitoring. The effect of DOGE’s policies on the company’s operations could be significant, leading the analyst to adopt a vigilant stance until more clarity is provided.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.