(DEA) Eerly Govt Ppty - Overview

Sector: Real Estate | Industry: REIT - Office | Exchange: NYSE (USA) | Market Cap: 1.099m USD | Total Return: 16.9% in 12m

Commercial Real Estate, Government Leases, Office Buildings
Total Rating 38
Safety 21
Buy Signal -0.50
REIT - Office
Industry Rotation: +10.3
Market Cap: 1.10B
Avg Turnover: 8.79M
Risk 3d forecast
Volatility26.2%
VaR 5th Pctl4.47%
VaR vs Median3.60%
Reward TTM
Sharpe Ratio0.68
Rel. Str. IBD57.3
Rel. Str. Peer Group62
Character TTM
Beta0.672
Beta Downside0.927
Hurst Exponent0.487
Drawdowns 3y
Max DD42.24%
CAGR/Max DD-0.09
CAGR/Mean DD-0.19
EPS (Earnings per Share) EPS (Earnings per Share) of DEA over the last years for every Quarter: "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, "2025-12": 0.1, "2026-03": 0.0242,
EPS CAGR: -27.30%
EPS Trend: -3.1%
Qual. Beats: 0
Revenue Revenue of DEA over the last years for every Quarter: 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, 2025-12: 87.039, 2026-03: 91.545,
Rev. CAGR: 6.00%
Rev. Trend: 84.1%
Last SUE: 2.19
Qual. Beats: 2

Warnings

P/E ratio 103.8

High Debt/EBITDA (12.6) with thin interest coverage (0.6)

Interest Coverage Ratio 0.6 is critical

Altman Z'' -3.31 < 1.0 - financial distress zone

Choppy

Tailwinds

No distinct edge detected

Description: DEA Eerly Govt Ppty

Easterly Government Properties, Inc. (DEA) is a Washington, D.C.-based real estate investment trust specializing in Class A commercial properties leased to U.S. Government agencies. The company focuses on mission-critical facilities, managing assets leased either directly to agencies or through the U.S. General Services Administration (GSA).

The business model relies on the high credit quality of the federal government, which typically provides stable rental income and long-term lease structures. In the government-leased sector, specialized security requirements and agency-specific build-outs often lead to high tenant retention rates compared to traditional commercial real estate.

Investors can evaluate the long-term dividend sustainability of this REIT by reviewing the detailed financial metrics available on ValueRay. Since its incorporation in 2011, the firm has leveraged its management team’s expertise in federal procurement processes to navigate the complexities of government real estate cycles.

Headlines to Watch Out For
  • Rising interest rates increase cost of capital and pressure net asset values
  • Federal budget appropriations impact long-term lease renewals and rent growth potential
  • High concentration of GSA-backed leases ensures stable cash flows and credit quality
  • Strategic acquisitions of mission-critical facilities drive portfolio expansion and dividend coverage
  • Inflationary pressures on operating expenses impact margins for non-fully reimbursed property contracts
Piotroski VR‑10 (Strict) 4.0
Net Income: 11.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 2.62 > 1.0
NWC/Revenue: -379.4% < 20% (prev -25.24%; Δ -354.2% < -1%)
CFO/TA 0.08 > 3% & CFO 262.3m > Net Income 11.2m
Net Debt (2.63b) to EBITDA (208.3m): 12.65 < 3
Current Ratio: 0.05 > 1.5 & < 3
Outstanding Shares: last quarter (46.5m) vs 12m ago 7.11% < -2%
Gross Margin: 50.15% > 18% (prev 0.67%; Δ 4.95k% > 0.5%)
Asset Turnover: 10.50% > 50% (prev 9.55%; Δ 0.95% > 0%)
Interest Coverage Ratio: 0.58 > 6 (EBITDA TTM 208.3m / Interest Expense TTM 150.9m)
Altman Z'' -3.31
A: -0.39 (Total Current Assets 75.1m - Total Current Liabilities 1.40b) / Total Assets 3.42b
B: -0.19 (Retained Earnings -650.7m / Total Assets 3.42b)
C: 0.03 (EBIT TTM 87.9m / Avg Total Assets 3.32b)
D: -0.32 (Book Value of Equity -652.7m / Total Liabilities 2.06b)
Altman-Z'' Score: -3.31 = D
Beneish M -2.98
DSRI: 0.56 (Receivables 73.0m/114.3m, Revenue 349.0m/307.9m)
GMI: 1.33 (GM 50.15% / 66.87%)
AQI: 1.14 (AQ_t 0.18 / AQ_t-1 0.16)
SGI: 1.13 (Revenue 349.0m / 307.9m)
TATA: -0.07 (NI 11.2m - CFO 262.3m) / TA 3.42b)
Beneish M-Score: -2.98 (Cap -4..+1) = A
What is the price of DEA shares? As of May 19, 2026, the stock is trading at USD 23.67 with a total of 291,191 shares traded.
Over the past week, the price has changed by +3.59%, over one month by +3.10%, over three months by +4.39% and over the past year by +16.94%.
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.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 4
  • Sell: 2
  • StrongSell: 0
What are the forecasts/targets for the DEA price?
Analysts Target Price 24.1 1.7%
Eerly Govt Ppty (DEA) - Fundamental Data Overview as of 16 May 2026
P/E Trailing = 103.7955
P/E Forward = 136.9863
P/S = 3.091
P/B = 0.8287
Revenue TTM = 349.0m USD
EBIT TTM = 87.9m USD
EBITDA TTM = 208.3m USD
Long Term Debt = 1.47b USD (from longTermDebt, last quarter)
Short Term Debt = 1.17b USD (from shortTermDebt, last quarter)
Debt = 2.64b USD (corrected: LT Debt 1.47b + ST Debt 1.17b)
Net Debt = 2.63b USD (recalculated: Debt 2.64b - CCE 2.02m)
Enterprise Value = 3.73b USD (1.10b + Debt 2.64b - CCE 2.02m)
Interest Coverage Ratio = 0.58 (Ebit TTM 87.9m / Interest Expense TTM 150.9m)
EV/FCF = 14.23x (Enterprise Value 3.73b / FCF TTM 262.3m)
FCF Yield = 7.03% (FCF TTM 262.3m / Enterprise Value 3.73b)
FCF Margin = 75.18% (FCF TTM 262.3m / Revenue TTM 349.0m)
Net Margin = 3.22% (Net Income TTM 11.2m / Revenue TTM 349.0m)
Gross Margin = 50.15% ((Revenue TTM 349.0m - Cost of Revenue TTM 174.0m) / Revenue TTM)
Gross Margin QoQ = 68.25% (prev -0.72%)
Tobins Q-Ratio = 1.09 (Enterprise Value 3.73b / Total Assets 3.42b)
Interest Expense / Debt = 0.77% (Interest Expense 20.2m / Debt 2.64b)
Taxrate = 21.0% (US default 21%)
NOPAT = 69.5m (EBIT 87.9m * (1 - 21.00%))
Current Ratio = 0.05 (Total Current Assets 75.1m / Total Current Liabilities 1.40b)
Debt / Equity = 2.01 (Debt 2.64b / totalStockholderEquity, last quarter 1.31b)
Debt / EBITDA = 12.65 (Net Debt 2.63b / EBITDA 208.3m)
Debt / FCF = 10.04 (Net Debt 2.63b / FCF TTM 262.3m)
Total Stockholder Equity = 1.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.34% (Net Income 11.2m / Total Assets 3.42b)
RoE = 0.85% (Net Income TTM 11.2m / Total Stockholder Equity 1.32b)
RoCE = 3.15% (EBIT 87.9m / Capital Employed (Equity 1.32b + L.T.Debt 1.47b))
RoIC = 2.31% (NOPAT 69.5m / Invested Capital 3.01b)
WACC = 2.88% (E(1.10b)/V(3.73b) * Re(8.35%) + D(2.64b)/V(3.73b) * Rd(0.77%) * (1-Tc(0.21)))
Discount Rate = 8.35% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 7.65%
[DCF] Terminal Value 87.40% ; FCFF base≈222.6m ; Y1≈249.7m ; Y5≈333.2m
[DCF] Fair Price = 153.9 (EV 9.78b - Net Debt 2.63b = Equity 7.15b / Shares 46.4m; r=6.0% [WACC]; 5y FCF grow 14.09% → 3.0% )
EPS Correlation: -3.07 | EPS CAGR: -27.30% | SUE: N/A | # QB: 0
Revenue Correlation: 84.09 | Revenue CAGR: 6.00% | SUE: 2.19 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.06 | Chg30d=N/A | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.04 | Chg30d=N/A | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=0.18 | Chg30d=-58.14% | Revisions=N/A | GrowthEPS=-33.3% | GrowthRev=+7.7%
EPS next Year (2027-12-31): EPS=0.28 | Chg30d=-49.09% | Revisions=-20% | GrowthEPS=+55.6% | GrowthRev=+2.7%
[Analyst] Revisions Ratio: -20%