Easterly Government Properties (NYSE:DEA) updated its FY 2019 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.18-1.20 for the period. Easterly Government Properties also updated its FY19 guidance to $1.18-1.20 EPS.
Separately, Zacks Investment Research lowered Easterly Government Properties from a hold rating to a sell rating in a report on Monday, July 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $21.00.
Easterly Government Properties stock traded up $0.03 during mid-day trading on Friday, reaching $19.22. 675,444 shares of the company’s stock were exchanged, compared to its average volume of 667,551. The business has a fifty day simple moving average of $18.50. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 6.72 and a beta of 0.64. Easterly Government Properties has a one year low of $15.16 and a one year high of $20.56. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.26 and a quick ratio of 1.32.
In other Easterly Government Properties news, Chairman Darrell W. Crate sold 8,125 shares of the business’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $18.62, for a total value of $151,287.50. Following the sale, the chairman now directly owns 64,154 shares in the company, valued at $1,194,547.48. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Ronald E. Kendall sold 4,500 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $18.63, for a total value of $83,835.00. Following the completion of the sale, the executive vice president now owns 11,568 shares in the company, valued at $215,511.84. The disclosure for this sale can be found here. Insiders have sold 46,875 shares of company stock worth $860,930 over the last quarter. 12.10% of the stock is currently owned by corporate insiders.
Easterly Government Properties Company Profile
Easterly Government Properties, Inc (NYSE:DEA) is based in Washington, DC, 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.
See Also: Why Dividend Stocks May Be Right for You
Receive News & Ratings for Easterly Government Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Easterly Government Properties and related companies with MarketBeat.com's FREE daily email newsletter.