(DEA) Eerly Govt Ppty - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US27616P3010

Office, Leasing, Acquisition, Management, Development

Stock: Diversified REITs
Age 11y
MCap 1,191m
Avg Vol 459K (9.87M USD)
Beta 0.619
Volatility 25.87%

EPS (Earnings per Share)

EPS (Earnings per Share) of DEA over the last years for every Quarter: "2020-12": 0.03, "2021-03": 0.08, "2021-06": 0.1, "2021-09": 0.09, "2021-12": 0.08, "2022-03": 0.08, "2022-06": 0.08, "2022-09": 0.01, "2022-12": 0.18, "2023-03": 0.04, "2023-06": 0.05, "2023-09": 0.06, "2023-12": 0.04, "2024-03": 0.05, "2024-06": 0.04, "2024-09": 0.05, "2024-12": 0.05, "2025-03": 0.07, "2025-06": 0.09, "2025-09": 0.02,
EPS CAGR: -30.90%
EPS Trend: -16.8%
Last SUE: -1.41
Qual. Beats: 0

Revenue

Revenue of DEA over the last years for every Quarter: 2020-12: 65.203, 2021-03: 65.001, 2021-06: 68.614, 2021-09: 69.608, 2021-12: 71.908, 2022-03: 72.302, 2022-06: 73.582, 2022-09: 75.871, 2022-12: 74.594, 2023-03: 72.622, 2023-06: 72.791, 2023-09: 73.36, 2023-12: 73.952, 2024-03: 72.8, 2024-06: 76.221, 2024-09: 74.781, 2024-12: 78.25, 2025-03: 78.675, 2025-06: 84.234, 2025-09: 86.151,
Rev. CAGR: 4.94%
Rev. Trend: 78.3%
Last SUE: 0.78
Qual. Beats: 0

Dividends

Dividend Yield 7.41%
Yield on Cost 5y 3.32%
Yield CAGR 5y 6.39%
Payout Consistency 95.2%
Payout Ratio 7.6%
Risk via 5d forecast
Volatility 25.9%
Value at Risk 5%th 40.0%
Relative Tail Risk -6.10%
Reward TTM
Sharpe Ratio -0.53
Alpha -25.59
CAGR/Max DD -0.22
Character TTM
Hurst Exponent 0.376
Beta 0.619
Beta Downside 0.951
Drawdowns 3y
Max DD 42.28%
Mean DD 21.08%
Median DD 20.32%

Description: DEA Eerly Govt Ppty January 19, 2026

Easterly Government Properties, Inc. (NYSE: DEA) is a Washington, D.C.–based REIT that acquires, develops, and manages Class A office assets leased almost exclusively to U.S. federal agencies, either directly or through the General Services Administration (GSA). Its business model hinges on long-term, credit-worthy government leases that typically include built-in rent escalations and renewal options.

Key performance indicators (KPIs) that investors watch include: 

  • Occupancy ≈ 96% (2023 year-end), reflecting the high demand for secure government space.
  • Funds from Operations (FFO) growth of ~4% YoY in 2023, driven by rent escalations and modest portfolio expansion.
  • Debt-to-Equity ratio of ~1.2×, indicating a leveraged but manageable capital structure given the low-risk tenant base.

Sector drivers that materially affect DEA’s outlook are: 

  • Federal discretionary spending trends, especially in defense and homeland security, which set the ceiling for agency-level space demand.
  • GSA lease-rate adjustments tied to the Consumer Price Index, influencing rent growth across the portfolio.
  • Macro-interest-rate environment; lower rates reduce borrowing costs and support REIT valuations, while rate hikes can pressure acquisition financing.

For a data-rich, side-by-side comparison of DEA’s valuation metrics and scenario analysis, consult ValueRay’s dedicated DEA dashboard.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (13.9m TTM) > 0 and > 6% of Revenue (6% = 19.6m TTM)
FCFTA 0.07 (>2.0%) and ΔFCFTA 3.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -403.7% (prev -64.94%; Δ -338.8pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.07 (>3.0%) and CFO 241.8m > Net Income 13.9m (YES >=105%, WARN >=100%)
Net Debt (1.17b) to EBITDA (197.0m) ratio: 5.92 <= 3.0 (WARN <= 3.5)
Current Ratio 0.05 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (44.7m) change vs 12m ago 7.43% (target <= -2.0% for YES)
Gross Margin 66.83% (prev 66.02%; Δ 0.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 10.10% (prev 9.60%; Δ 0.50pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 0.59 (EBITDA TTM 197.0m / Interest Expense TTM 148.3m) >= 6 (WARN >= 3)

Altman Z'' -2.17

(A) -0.39 = (Total Current Assets 70.1m - Total Current Liabilities 1.39b) / Total Assets 3.38b
(B) 0.04 = Retained Earnings (Balance) 140.3m / Total Assets 3.38b
(C) 0.03 = EBIT TTM 88.1m / Avg Total Assets 3.24b
(D) 0.07 = Book Value of Equity 136.1m / Total Liabilities 2.00b
Total Rating: -2.17 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.10

1. Piotroski 4.0pt
2. FCF Yield 10.26%
3. FCF Margin 73.88%
4. Debt/Equity 0.88
5. Debt/Ebitda 5.92
6. ROIC - WACC (= -4.92)%
7. RoE 1.04%
8. Rev. Trend 78.29%
9. EPS Trend -16.80%

What is the price of DEA shares?

As of January 21, 2026, the stock is trading at USD 22.91 with a total of 412,883 shares traded.
Over the past week, the price has changed by +2.32%, over one month by +8.02%, over three months by +5.51% and over the past year by -15.32%.

Is DEA a buy, sell or hold?

Eerly Govt Ppty has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold DEA.
  • Strong Buy: 1
  • Buy: 0
  • Hold: 4
  • Sell: 2
  • Strong Sell: 0

What are the forecasts/targets for the DEA price?

Issuer Target Up/Down from current
Wallstreet Target Price 23.8 3.7%
Analysts Target Price 23.8 3.7%
ValueRay Target Price 23.7 3.5%

DEA Fundamental Data Overview January 20, 2026

P/E Trailing = 77.0
P/E Forward = 64.1026
P/S = 3.5626
P/B = 0.7987
Revenue TTM = 327.3m USD
EBIT TTM = 88.1m USD
EBITDA TTM = 197.0m USD
Long Term Debt = 1.64b USD (from longTermDebt, last quarter)
Short Term Debt = 1.17b USD (from shortTermDebt, last quarter)
Debt = 1.17b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.17b USD (from netDebt column, last quarter)
Enterprise Value = 2.36b USD (1.19b + Debt 1.17b - CCE 4.36m)
Interest Coverage Ratio = 0.59 (Ebit TTM 88.1m / Interest Expense TTM 148.3m)
EV/FCF = 9.75x (Enterprise Value 2.36b / FCF TTM 241.8m)
FCF Yield = 10.26% (FCF TTM 241.8m / Enterprise Value 2.36b)
FCF Margin = 73.88% (FCF TTM 241.8m / Revenue TTM 327.3m)
Net Margin = 4.24% (Net Income TTM 13.9m / Revenue TTM 327.3m)
Gross Margin = 66.83% ((Revenue TTM 327.3m - Cost of Revenue TTM 108.6m) / Revenue TTM)
Gross Margin QoQ = 65.72% (prev 67.12%)
Tobins Q-Ratio = 0.70 (Enterprise Value 2.36b / Total Assets 3.38b)
Interest Expense / Debt = 8.00% (Interest Expense 93.7m / Debt 1.17b)
Taxrate = 21.0% (US default 21%)
NOPAT = 69.6m (EBIT 88.1m * (1 - 21.00%))
Current Ratio = 0.05 (Total Current Assets 70.1m / Total Current Liabilities 1.39b)
Debt / Equity = 0.88 (Debt 1.17b / totalStockholderEquity, last quarter 1.33b)
Debt / EBITDA = 5.92 (Net Debt 1.17b / EBITDA 197.0m)
Debt / FCF = 4.82 (Net Debt 1.17b / FCF TTM 241.8m)
Total Stockholder Equity = 1.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.43% (Net Income 13.9m / Total Assets 3.38b)
RoE = 1.04% (Net Income TTM 13.9m / Total Stockholder Equity 1.33b)
RoCE = 2.97% (EBIT 88.1m / Capital Employed (Equity 1.33b + L.T.Debt 1.64b))
RoIC = 2.34% (NOPAT 69.6m / Invested Capital 2.97b)
WACC = 7.26% (E(1.19b)/V(2.36b) * Re(8.19%) + D(1.17b)/V(2.36b) * Rd(8.00%) * (1-Tc(0.21)))
Discount Rate = 8.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 6.51%
[DCF Debug] Terminal Value 81.70% ; FCFF base≈196.4m ; Y1≈209.4m ; Y5≈252.1m
Fair Price DCF = 85.85 (EV 5.12b - Net Debt 1.17b = Equity 3.96b / Shares 46.1m; r=7.26% [WACC]; 5y FCF grow 7.40% → 2.90% )
EPS Correlation: -16.80 | EPS CAGR: -30.90% | SUE: -1.41 | # QB: 0
Revenue Correlation: 78.29 | Revenue CAGR: 4.94% | SUE: 0.78 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.09 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=0.46 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+58.6% | Growth Revenue=+7.1%

Additional Sources for DEA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle