STOCK TITAN
  1. Home
  2. News
  3. DEA

Easterly Government Properties Inc - DEA STOCK NEWS

Welcome to our dedicated news page for Easterly Government Properties (Ticker: DEA), a resource for investors and traders seeking the latest updates and insights on Easterly Government Properties.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Easterly Government Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Easterly Government Properties's position in the market.

News
Easterly Government Properties Acquires 135,200 SF U.S. Immigration and Customs Enforcement Information Technology Facility Near Dallas, Texas
Rhea-AI Summary
Easterly Government Properties (DEA) acquires a 135,200 SF U.S. Immigration and Customs Enforcement Information Technology Facility near Dallas, Texas, with a 20-year lease term. The facility is primarily leased to ICE and features additional private tenants with long-term leases, enhancing cashflows and growth potential for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
acquisition
-
News
Easterly Government Properties Schedules First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) will release its first quarter 2024 financial results on April 30, 2024. A conference call will be held to review performance, recent events, and conduct a Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
Tags
earnings
-
News
Easterly Government Properties Awarded Lease to Develop 50,777 RSF Federal Courthouse in Flagstaff, Arizona
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) secures a 20-year lease for a 50,777 RSF federal courthouse in Flagstaff, Arizona, marking its first net zero development project. The state-of-the-art courthouse will be built to Level III security standards and LEED Silver certification, showcasing Easterly's commitment to ESG principles. The project is set to commence in late 2024 or early 2025, with an expected completion in the first half of 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
News
Easterly Government Properties to Participate in the Citi 2024 Global Property CEO Conference
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) will present at the Citi 2024 Global Property CEO Conference in Florida. Investors can listen to the live audio-webcast on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
conferences
-
News
Easterly Government Properties Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) reported net income of $4.8 million and Core FFO of $30.1 million for the quarter ended December 31, 2023. The company acquired three properties and released its second annual ESG report. Darrell W. Crate was appointed as CEO. The Company also entered into forward sales transactions and completed acquisitions totaling $80.4 million for the year ended December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.43%
Tags
earnings
-
News
Easterly Government Properties Announces Quarterly Dividend
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) declares a quarterly cash dividend of $0.265 per common share, offering investors a 9% anticipated annual dividend yield. With over 97% of lease income backed by the US Government, the company shows dividend resiliency and a stable investment opportunity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
dividends
News
Easterly Government Properties Schedules Fourth Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) will release its Q4 2023 financial results on February 27, 2024. A conference call will be held to review performance, discuss recent events, and conduct a Q&A session. Research analysts covering the Company can register to join the call and access the live webcast on the Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
earnings
-
News
Easterly Government Properties Extends $100 Million Unsecured Term Loan Facility
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) has extended a $100 million unsecured term loan with market-leading terms, underscoring the company's strong balance sheet and capital partner relationships. The loan now matures on January 30, 2025, and will bear interest at a rate of SOFR plus a spread of 1.20% to 1.70%, depending on the Company's leverage ratio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
none
-
News
Easterly Government Properties Announces Tax Characteristics of Its 2023 Distributions
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) announced the tax characteristics of the 2023 distributions on its common stock. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of these distributions. The distributions on Easterly Common Shares for 2023 total $1.0600, with $0.4272 being ordinary taxable dividends and $0.6328 being a return of capital. The company's distributions are as follows: 3/9/2023 - $0.2650 per share, 5/11/2023 - $0.2650 per share, 8/17/2023 - $0.2650 per share, 11/9/2023 - $0.2650 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
none
News
Easterly Government Properties Receives Investment Grade Credit Rating
Rhea-AI Summary
Easterly Government Properties, Inc. (NYSE: DEA) achieves inaugural BBB rating with stable outlook from Kroll Bond Rating Agency, LLC. The company's strong underlying credit quality of cashflows and secure balance sheet are reflected in the rating. Approximately 99% of annualized lease income comes from AAA rated U.S. Government credit. The company intends to utilize its attractive cost of capital to drive shareholder value and expand its capital base.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
none
Stock DEA logo
Easterly Government Properties Inc

NYSE:DEA

DEA Rankings

#2273 Ranked by Market Cap
#4315 Ranked by Stock Gains
#246 Ranked by Dividends

DEA Stock Data

1.17B
95.94M
6.64%
83.03%
3.41%
Other Financial Vehicles
Finance and Insurance
Link
US
Washington

About DEA

we focus primarily on the acquisition, development and management of class a commercial properties that are leased to u.s. government agencies that serve essential u.s. government functions. we generate substantially all of our revenue by leasing our properties to such agencies through the gsa. our multidisciplinary team possesses complementary skills and experience that we expect will drive our business and growth strategies. we plan to grow our business primarily through the pursuit of attractive acquisition opportunities, the development of built-to-suit u.s. government properties and the renewal of existing leases at positive spreads. we maintain a proprietary database that tracks approximately 8,500 leases totaling approximately 200 million rentable square feet and includes substantially every major u.s. government-leased property that meets our investment criteria as well as information about the ownership of such properties.