Stocks · Real Estate · REIT - Office
Easterly Government Properties, Inc. DEA
$23.40 +0.73% Close, Oct 2, 2026 · NYSE · Market cap $1.09B
Next earnings report: Oct 26, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 112.7× trailing earnings, higher than 95% of the company's own readings over the past five years.
- Diluted EPS over the last four quarters was $0.21, down 47.7% year over year.
- Net debt is 8.1× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 30%
- EPS growth (TTM, YoY)Bottom 25%
- FCF growth (TTM, YoY)Top 11%
- Revenue growth, 3-year CAGRBottom 46%
- Revenue growth accelerationBottom 38%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 3%
- Gross marginTop 44%
- Operating marginBottom 48%
- Cash conversion (OCF / net income)Top 13%
- Accruals (lower is better)Top 11%
- Net debt / EBITDA (lower is better)Bottom 32%
- Interest coverBottom 25%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 37%
- Free-cash-flow yieldTop 8%
- EBITDA / enterprise valueTop 31%
- Sales / enterprise valueTop 38%
- P/E vs own 5-year history (lower is better)Bottom 1%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 33%
- 6-month returnTop 24%
- 1-year return vs S&P 500Top 31%
- Distance from 52-week highTop 10%
- Trend checklist (0–4)Top 41%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 20%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyBottom 3%
- Upside to consensus price targetBottom 13%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 25%
- Maximum drawdown, 3 yearsBottom 37%
- Beta vs S&P 500 (lower is better)Top 29%
- Net debt / EBITDA (lower is better)Bottom 32%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 13.3% | 13.0% | ↓ |
| EPS growth (YoY) | -43.1% | -47.7% | ↓ |
| Gross margin | 67.2% | 53.4% | ↓ |
| Operating margin | 26.5% | 23.9% | ↓ |
| FCF margin | 45.6% | 75.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 13.0% | 13.3% | ↓ | Top 30% |
| EPS growth (TTM, YoY) | -47.7% | -43.1% | ↓ | Bottom 25% |
| Gross margin | 53.4% | 67.2% | ↓ | Top 44% |
| Operating margin | 23.9% | 26.5% | ↓ | Bottom 48% |
| Net margin | 2.9% | 5.5% | ↓ | — |
| Free-cash-flow margin | 75.3% | 45.6% | ↑ | — |
| Return on invested capital | 155.5% | — | Top 3% | |
| Revenue growth, 3-year CAGR | 4.6% | — | Bottom 46% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.1%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -47.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 8.11×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.97%
- Net buyback yield (TTM)
- -3.49%
- Shareholder yield
- 2.47%
- Share count change, 1 year
- +5.6%
- Share count change, 3-year CAGR
- +8.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -42.4%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $26.00
- Target vs current price
- +11.1%
- Analysts with a rating
- 8
- Share rating Buy or Strong Buy
- 13%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 3, 2026 | +9.1% | +3.8% | +2.5% | +1.1% | — |
| Apr 27, 2026 | -77.8% | -0.7% | +0.2% | +1.0% | +6.8% |
| Feb 23, 2026 | -4.8% | -2.7% | -3.5% | -9.6% | -1.9% |
| Oct 27, 2025 | -96.1% | -4.0% | -3.9% | -5.3% | +3.8% |
| Aug 5, 2025 | -87.8% | -0.6% | -1.6% | +2.7% | -2.2% |
| Apr 29, 2025 | -90.4% | -4.2% | -2.8% | +4.7% | +9.1% |
| Feb 25, 2025 | +85.7% | +6.0% | +4.7% | -1.9% | -19.3% |
| Nov 5, 2024 | -12.0% | -0.7% | -0.1% | -10.9% | -18.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 3, 2026 | $0.06 | $0.06 | +9.1% | $89.7M |
| Apr 27, 2026 | $0.02 | $0.09 | -77.8% | $88.6M |
| Feb 23, 2026 | $0.10 | $0.11 | -4.8% | $83.5M |
| Oct 27, 2025 | $0.03 | $0.76 | -96.1% | $82.2M |
| Aug 5, 2025 | $0.09 | $0.74 | -87.8% | $80.4M |
| Apr 29, 2025 | $0.07 | $0.73 | -90.4% | $75.5M |
| Feb 25, 2025 | $0.13 | $0.07 | +85.7% | $74.1M |
| Nov 5, 2024 | $0.11 | $0.13 | -12.0% | $72.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 112.7× | 69.4× | 95th | Bottom 37% |
| P/E (forward) | 101.7× | — | — | — |
| EV / EBITDA | 13.2× | — | — | Top 31% |
| EV / Sales | 7.86× | — | — | Top 38% |
| Free-cash-flow yield | 24.73% | — | — | Top 8% |
| Earnings yield | 0.89% | — | — | Bottom 37% |
P/E over the past five years
Range 35.4× – 121.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +3.1%
- Earnings per share growth (TTM)
- -47.7%
- Change in P/E multiple
- +118.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.6%
- 200-day average slope (20 days)
- +0.8%
- Distance from 50-day average
- -3.4%
- Distance from 200-day average
- -0.4%
- RSI (14)
- 45.0
- Relative volume
- 1.03×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 19.2%
- Volatility vs own 5-year history
- 15th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.38
- Correlation with S&P 500
- 0.21
- Current drawdown from 1-year high
- -8.7%
- Maximum drawdown, 3 years
- -44.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 26, 2021 | Apr 21, 2025 | -66.1% | 1063 days | Not yet recovered |
| Sep 28, 2020 | Oct 29, 2020 | -10.6% | 23 days | 58 days (Jan 25, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.09B
- P/E (TTM)
- 112.7
- EPS, diluted (TTM)
- $0.21
- Revenue (TTM)
- $357.2M
- Dividend yield
- 7.69%
- 52-week range
- $20.56 – $25.96
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $274.9M | $293.6M | $287.2M | $302.1M | $336.1M |
| Gross profit | $187.7M | $195.9M | $184.8M | $201.0M | -$3.1M |
| Operating income | $73.0M | $72.9M | $66.4M | $78.7M | $83.8M |
| Net income | $30.1M | $31.5M | $18.8M | $19.6M | $13.0M |
| EPS (diluted) | $0.87 | $0.85 | $0.48 | $0.46 | $0.29 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $74.8M | $78.3M | $78.7M | $84.2M | $86.2M | $87.0M | $91.5M | $92.4M |
| Net income | $4.9M | $5.5M | $3.1M | $4.1M | $1.2M | $4.6M | $1.4M | $3.0M |
| EPS (diluted) | $0.11 | $0.13 | $0.07 | $0.09 | $0.02 | $0.10 | $0.02 | $0.06 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $118.3M | $125.9M | $114.5M | $162.6M | $259.2M |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | $118.3M | $125.9M | $114.5M | $162.6M | $259.2M |
| Dividends paid | -$88.2M | -$109.2M | -$112.4M | -$115.9M | -$94.6M |
| Net share buybacks | $0 | $9.5M | $86.5M | $71.8M | $63.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $3.3M
- Total assets
- $3.42B
- Total liabilities
- $2.06B
- Total debt
- $1.72B
- Net debt
- $1.72B
- Shareholders’ equity
- $1.32B
As of Jun 30, 2026 (filed Aug 3, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 10, 2026 | $0.45 | Aug 20, 2026 |
| May 7, 2026 | $0.45 | May 21, 2026 |
| Mar 5, 2026 | $0.45 | Mar 19, 2026 |
| Nov 7, 2025 | $0.45 | Nov 20, 2025 |
| Aug 13, 2025 | $0.45 | Aug 25, 2025 |
| May 5, 2025 | $0.45 | May 17, 2025 |
| Mar 5, 2025 | $0.27 | Mar 17, 2025 |
| Nov 15, 2024 | $0.27 | Nov 27, 2024 |
Short interest
- Shares sold short
- 2,061,964
- Days to cover
- 6.73
- Change vs previous report
- +4.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 28, 2025
- 2-for-5