Easterly Government Properties Inc (DEA) Stock AnalysisDEAEasterly Government Properties Inc

Easterly Government Properties, Inc. is an internally managed real estate investment trust (REIT). It is focused primarily on the acquisition, development and management of Class A commercial properties that are leased to United States government agencies that serve essential functions. It leases its properties to such agencies either directly or through the United States General Services Administration (GSA). The operations of the Company are carried out primarily through Easterly Government Properties, LP (the Operating Partnership) and the wholly owned subsidiaries of the Operating Partnership. The Company owns, directly or through the joint venture, 103 properties totaling 10.3 million square feet. Its properties include VA - Loma Linda, JSC - Suffolk, Various GSA - Chicago, IRS - Fresno, FBI - Salt Lake, VA - San Jose, EPA - Lenexa, FBI - Tampa, FBI - San Antonio, FDA - Alameda, PTO - Arlington, FBI - Omaha, TREAS - Parkersburg, FDA - Lenexa, VA - South Bend, and DHS - Burlington. It operates in the Real Estate sector (REAL ESTATE INVESTMENT TRUSTS industry).

Easterly Government Properties Inc is currently not a strong buy due to its low RSI of 17.286, indicating oversold conditions, and a high forward P/E of 72.9927, suggesting overvaluation. However, the company has raised its full-year guidance for Core FFO per share to a range of $3.07 to $3.13, reflecting confidence in future performance. The main risk is the current price of $21.82 being below the analyst price targets, with the lowest target at $24, indicating limited upside potential.

5 analysts cover DEA: 2 rate it Buy, 3 Hold and 0 Sell. The average price target is 23.00.