AI Spotlight on DEA
Company Description
Easterly Government Properties, Inc.(NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government.Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).
Market Data
Last Price | 11.36 |
Change Percentage | 0.24% |
Open | 11.3 |
Previous Close | 11.33 |
Market Cap ( Millions) | 1200 |
Volume | 656966 |
Year High | 14.53 |
Year Low | 10.76 |
M A 50 | 11.66 |
M A 200 | 12.59 |
Financial Ratios
FCF Yield | 10.68% |
Dividend Yield | 9.33% |
ROE | 1.40% |
Debt / Equity | 112.12% |
Net Debt / EBIDTA | 774.55% |
Price To Book | 0.89 |
Price Earnings Ratio | 63.93 |
Price To FCF | 9.36 |
Price To sales | 4.07 |
EV / EBITDA | 14.19 |
News
- Jan -30 - Red Light Holland, in Partnership with FDA-Compliant and DEA-Registered Irvine Labs, Updates R&D Plan Focused On Commercialization
- Jan -29 - 1 Ultra-High-Yield Dividend Stock I'm Watching Closely Right Now
- Jan -25 - Easterly Government: Severe Mispricing Begets Opportunity And 9% Yield
- Jan -23 - Easterly Government Properties Announces Tax Characteristics of Its 2024 Distributions
- Jan -17 - 2 Ultra-High-Yield Dividend Stocks Worth Buying Right Now
- Jan -10 - 2 REITs That May Perform Poorly Under Trump
- Dec -30 - V2X Awarded $170 Million Contract to Support DEA's Mission in Combating Drug Trafficking and Enhancing National Security
- Dec -18 - Easterly Government Properties Stock Price Got Far Too Cheap
- Dec -16 - 3 Big Dividends Backed By High-Quality Assets
- Dec -09 - Easterly Government Properties (DEA) Loses -13.74% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- Dec -07 - Easterly Government Properties: Fears Are Overblown, I'm A Buyer Of This 9% Yielder
- Nov -28 - 2 Fat Yields You May Love
- Nov -25 - Easterly Government Boosts Portfolio With IRS Facility Buyout
- Nov -24 - Home For The Holidays
- Nov -10 - Easterly Government Properties: The Trump Factor
- Nov -05 - Easterly Government Properties, Inc. (DEA) Q3 2024 Earnings Call Transcript
- Nov -05 - Here's What Key Metrics Tell Us About Easterly Government Properties (DEA) Q3 Earnings
- Nov -05 - Easterly Government Properties (DEA) Q3 FFO Surpass Estimates
- Oct -17 - Yields Up To 9%: 3 REITs To Buy For 2025
- Oct -14 - Why Easterly Government Properties Stock Topped the Market Today
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Rental
Expected Growth : 5.5 %
What the company do ?
Rental from Easterly Government Properties, Inc. refers to the leasing of properties to government agencies, providing a stable source of income.
Why we expect these perspectives ?
Easterly Government Properties, Inc.'s 5.5% rental growth is driven by increasing demand for government-leased properties, expansion of existing leases, and strategic acquisitions. Additionally, the company's focus on high-quality, mission-critical properties and long-term contracts with the US government provides a stable source of revenue, contributing to its growth.
Segment nΒ°2 -> Tenant Reimbursements
Expected Growth : 5.8 %
What the company do ?
Tenant Reimbursements from Easterly Government Properties, Inc. refers to the reimbursements made by tenants for operating expenses, taxes, and insurance, which are then used to offset the company's expenses.
Why we expect these perspectives ?
Easterly Government Properties' 5.8% growth in Tenant Reimbursements is driven by increasing demand for government-leased properties, expansion of existing leases, and rising reimbursement rates. Additionally, the company's strategic acquisitions and strong relationships with government agencies contribute to the growth.
Segment nΒ°3 -> Other
Expected Growth : 5.2 %
What the company do ?
Other from Easterly Government Properties, Inc. refers to non-core assets, such as vacant land, and other non-operating income or expenses.
Why we expect these perspectives ?
Easterly Government Properties, Inc.'s 5.2% growth is driven by increasing demand for government-leased properties, strategic acquisitions, and a strong balance sheet. Additionally, the company's focus on high-quality, mission-critical properties and its ability to maintain a high occupancy rate also contribute to its growth.
Segment nΒ°4 -> Asset Management
Expected Growth : 5.9 %
What the company do ?
Easterly Government Properties, Inc.'s Asset Management involves acquiring, owning, and managing a diversified portfolio of commercial properties leased to U.S. Government agencies.
Why we expect these perspectives ?
Easterly Government Properties' 5.9% asset management growth is driven by increasing demand for government-leased properties, strategic acquisitions, and a strong pipeline of new investments. Additionally, the company's focus on high-quality, mission-critical assets and its ability to provide value-added services to its government tenants contribute to its growth momentum.
Easterly Government Properties, Inc. Products
Product Range | What is it ? |
---|---|
Class A Office Properties | High-quality office buildings that serve as headquarters or regional offices for government agencies, such as the FBI, DEA, and ICE. |
Courthouse Properties | Federal and state courthouses that serve as venues for judicial proceedings and other government activities. |
Customs and Border Protection Properties | Facilities that serve as ports of entry, border patrol stations, and other critical infrastructure for customs and border protection activities. |
Defense/Intelligence Properties | High-security facilities that support the operations of defense and intelligence agencies, such as the NSA and CIA. |
Federal Agency Properties | Office buildings and other facilities that serve as headquarters or regional offices for various federal agencies, such as the IRS and SSA. |
Health and Human Services Properties | Facilities that support the operations of health and human services agencies, such as the CDC and NIH. |
Homeland Security Properties | Facilities that support the operations of the Department of Homeland Security, including the TSA and FEMA. |
Justice Properties | Facilities that support the operations of the Department of Justice, including the FBI and DEA. |
Easterly Government Properties, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Easterly Government Properties, Inc. is medium due to the availability of alternative investment options in the real estate industry.
Bargaining Power Of Customers
The bargaining power of customers for Easterly Government Properties, Inc. is low due to the company's strong brand reputation and limited alternatives for government-leased properties.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Easterly Government Properties, Inc. is medium due to the company's dependence on a few large contractors and suppliers for property maintenance and development.
Threat Of New Entrants
The threat of new entrants for Easterly Government Properties, Inc. is low due to the high barriers to entry in the government-leased properties market, including regulatory hurdles and high capital requirements.
Intensity Of Rivalry
The intensity of rivalry for Easterly Government Properties, Inc. is high due to the competitive nature of the real estate investment trust (REIT) industry, with many established players vying for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 49.48% |
Debt Cost | 4.86% |
Equity Weight | 50.52% |
Equity Cost | 7.08% |
WACC | 5.98% |
Leverage | 97.93% |
Easterly Government Properties, Inc. : Quality Control
Easterly Government Properties, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
ONL | Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio β¦ |
JBGS | JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus β¦ |
FSP | Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select β¦ |
CIO | City Office REIT, Inc. (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, β¦ |
HPP | Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West β¦ |