I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Seeking Review specializing in quicker moving active shares with a short term view on investment opportunities and trends.
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Latest posts by Jonathon Freitas (see all)
- Hot Stock of the Day: Easterly Government Properties Inc (NYSE: DEA) - August 18, 2019
- Stock under Consideration: CoreCivic Inc (NYSE: CXW) - August 18, 2019
- Active Stock’s Momentum: Cushman & Wakefield plc (NYSE: CWK) - August 18, 2019
WASHINGTON, August 18, 2019 – Shares of Easterly Government Properties Inc (NYSE: DEA) gained 0.83% to $20.71. The stock grabbed the investor’s attention and traded 3.751M shares as compared to its average daily volume of 690.06K shares. The stock’s institutional ownership stands at 83.50%.
Easterly Government Properties, Inc. (DEA) reported that it had funds from operations of $22.01M, or 31 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 31 cents per share. Funds from operations are a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had a loss of $416.0K, or 1 cent per share. The property management company posted revenue of $50.60M in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $49.30M. Easterly Government Properties anticipates full-year funds from operations to be $1.16 to $1.20 per share.
DEA has a market value of $1.62B while its EPS was booked as $0.11 in the last 12 months. The stock has 78.41M shares outstanding. In the profitability analysis, the company has gross profit margin of 69.10% while net profit margin was 3.80%. Beta value of the company was 0.61; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.00.