Welcome to our dedicated page for Easterly Govt Pptys news (Ticker: DEA), a resource for investors and traders seeking the latest updates and insights on Easterly Govt Pptys stock.
Easterly Government Properties, Inc. (NYSE: DEA) is a Washington, D.C.-based real estate investment trust that focuses primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners. The DEA news page on Stock Titan aggregates company announcements, earnings releases, transaction updates, and other disclosures that reflect how this government‑oriented REIT manages its portfolio and capital structure.
Investors following DEA news can review quarterly and annual financial results, including updates on Funds From Operations (FFO), Core Funds From Operations (Core FFO), Cash Available for Distribution (CAD), and other non‑GAAP metrics that Easterly uses to describe operating performance and dividend‑funding capacity. Earnings releases also detail portfolio statistics, such as the number of operating properties, leased square footage, tenant mix across federal, state, local government and private tenants, and weighted average lease terms.
Company news frequently covers acquisitions of new properties leased primarily to U.S. Government tenant agencies, state or local government entities, and select private tenants, as well as land purchases and long‑term leases for build‑to‑suit developments like federal courthouses and crime laboratories. Filings and press releases also describe capital markets activity, including amendments to senior unsecured term loans, changes to revolving credit facilities, and the use of at‑the‑market equity programs.
DEA news items may include credit rating actions, such as affirmations of investment grade ratings with supporting commentary on tenant credit quality and lease duration, as well as announcements of quarterly dividends and participation in real estate and REIT investor conferences. For investors and analysts tracking government‑leased real estate, this news feed provides a centralized view of Easterly’s operating performance, portfolio evolution, and financing decisions over time.
Easterly Government Properties (NYSE: DEA) has acquired a portfolio of three U.S. Government-leased properties totaling 176,550 square feet. The properties include the FBI field office in Knoxville, USAO facility in Louisville, and ICE office in Louisville. This strategic acquisition enhances Easterly's portfolio to 82 properties with 7.5 million leased square feet. The acquisition emphasizes mission-critical facilities with secure infrastructure, and FBI - Knoxville and USAO - Louisville have potential expansion space. The acquisition supports Easterly's growth and commitment to government leasing.
Easterly Government Properties, Inc. (NYSE: DEA) announced its participation in the Citi 2021 Global Property CEO Conference on March 9, 2021, at 4:15 PM ET. The event will be conducted virtually, and interested investors can access a live audio webcast on the Company's Investor Relations website. A replay will be available until June 5, 2021. Easterly focuses on acquiring and managing Class A commercial properties leased to U.S. Government agencies, leveraging its management team's specialized insights into the needs of these agencies.
Easterly Government Properties (NYSE: DEA) reported Q4 2020 results with a net income of $2.6 million ($0.03 per share) and FFO of $29.7 million ($0.32 per share). For the full year, net income rose 50% YoY to $13.5 million ($0.15 per share) with FFO at $111.3 million ($1.26 per share). Key acquisitions included a $251.4 million portfolio expansion and successful renewals of 220,842 square feet of leases. The company raised $18.6 million through its ATM program. An upcoming dividend of $0.26 per share was declared, payable March 17, 2021. 2021 guidance for FFO per share is set between $1.28 - $1.30.
Easterly Government Properties, Inc. (NYSE: DEA) has announced a quarterly cash dividend of $0.26 per common share, approved by the Board of Directors. This dividend will be payable on March 17, 2021 to shareholders of record as of March 5, 2021. Operating primarily in the acquisition, development, and management of Class A commercial properties leased to U.S. Government agencies, Easterly is based in Washington, D.C., and benefits from a specialized management team experienced in government property needs.
Easterly Government Properties, Inc. (NYSE: DEA) is set to announce its fourth quarter 2020 financial results on February 24, 2021. A conference call will follow at 10:00 AM EST, where management will discuss performance, recent developments, and engage in a Q&A session. Interested participants can access the call via the Investor Relations section of the company’s website. A replay will be available for ten business days. Easterly specializes in acquiring, developing, and managing Class A commercial properties leased to the U.S. Government.
Easterly Government Properties, Inc. (NYSE: DEA) announced the tax characteristics of its 2020 distributions on common stock. The reporting will be conducted via Form 1099-DIV, and shareholders are advised to consult tax advisors for specific treatment. Key details include:
- Total dividend per share: $1.0400
- Ordinary taxable dividend: $0.5576
- Return of capital: $0.4824
- Section 199A dividend: $0.5576
This information is crucial for investors to understand the tax implications of their investments.
Easterly Government Properties, Inc. (NYSE: DEA) announced its participation in virtual investor meetings at the Capital One Securities Inaugural REIT Conference on January 11, 2021. The Company specializes in acquiring, developing, and managing Class A commercial properties leased to the U.S. Government. Investors can access written materials related to the meetings on the Company’s Investor Relations website.
Easterly is based in Washington, D.C. and offers specialized insight into the needs of U.S. Government agencies, partnering with the U.S. General Services Administration.
Easterly Government Properties, Inc. (NYSE: DEA) has acquired a 73,397-square foot U.S. District Courthouse in Jackson, TN, enhancing its portfolio of Class A commercial properties leased to the U.S. Government. The courthouse, which includes four courtrooms and is fully leased to the General Services Administration (GSA), plays a crucial role in the Western District of Tennessee's judicial system. The acquisition adds value as the facility is equipped with advanced security features and is strategically located, serving federal cases across 22 counties.
Easterly Government Properties (NYSE: DEA) has acquired a 149,110-square foot U.S. Department of the Interior (DOI) facility in Billings, Montana. This 100% leased property houses key DOI bureaus and features a 20-year non-cancelable lease expiring in April 2033. Built in 2013, it boasts LEED Gold certification and an ENERGY STAR score of 91. CEO William C. Trimble, III, expressed satisfaction in exceeding 2020 acquisition guidance and is optimistic about achieving the 2021 target.
Easterly Government Properties, Inc. (NYSE:DEA) announced its participation in the Jefferies 2020 Virtual Office & Industrial REIT Summit on December 8, 2020. This fully integrated real estate investment trust focuses on acquiring, developing, and managing Class A commercial properties leased to the U.S. Government. Investors can access the related written materials on the company’s Investor Relations website. Easterly’s management team specializes in understanding the property needs of mission-critical U.S. Government agencies.