Easterly Government Properties, Inc. (DEA)
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
$24.310.00%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
QuarterlyIQ Insights · DEA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -32.1% |
| Our one-year growth estimate | diamond | 3.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and real (inflation-adjusted) rates.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 35.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name is on a run of consecutive earnings misses and operates in a high-miss-rate industry. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 16 industry peers
DEA — earnings miss
Dated 2026-08-03
as well as the attached Exhibits 99.1 and 99.2 are being furnished and shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing. We will h…
Why it matters: New acquisitions or developments would show management's commitment to growth. This is key for long-term performance.
Supportive ifNew acquisitions are announced. They total over $50 million.
Worry ifNo new deals or news are announced in Q2 2026.
Why it matters: Going above this level shows strong performance. It can help improve market feelings.
Supportive ifQ3 net income reported above $3 million.
Worry ifQ3 net income reported below $2 million.
Why it matters: Earnings results give clues about the company's financial health. They show how well the company is doing.
Watch forEarnings are over 5% higher than what analysts expected.
Also watch forEarnings fall short of analyst expectations by more than 5%.
Why it matters: New purchases or projects show growth in the property portfolio. This can lead to more earnings.
Supportive ifThere is an announcement of at least one new property purchase or project.
Worry ifNo new purchases or projects announced in the next quarter.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$73 on $10,000 · ±0.7% | How much price usually moves either way. |
| Bad day | $220 loss on $10,000 · 2.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,123 loss on $10,000 · 11.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Completion of projects can lead to new revenue streams. It indicates successful execution of the company's growth plans.
Supportive ifCompletion of the FDA - Atlanta project and commencement of revenue by Q3 2026.
Worry ifDelays in finishing projects past the expected dates.
Why it matters: Finishing these projects on time can increase revenue. It also supports management's growth plan.
Supportive ifCompletion of the Fort Myers laboratory project by the end of 2026.
Worry ifProject delays will push completion dates past 2026.
Why it matters: New acquisitions can enhance revenue and support growth in Core FFO.
Supportive ifThe company has new acquisitions. These are worth more than $50 million.
Worry ifNo new acquisitions announced in the next quarter.
Why it matters: Finishing the project will bring in money and prove the company’s plan works.
Supportive ifThe company announces the FDA - Atlanta project is done and making money.
Worry ifDelays in project completion or failure to secure revenue from the GSA.
Why it matters: Changes in interest rates can change the company's costs. This affects its financial health.
Watch forThe company issues new debt at an interest rate lower than 4.6%.
Also watch forThe company issues new debt at an interest rate higher than 4.6%.
Why it matters: Finishing these projects will grow the portfolio. It will also increase money from government leases.
Supportive ifThe Fort Myers and Medford projects are completed and leased to government agencies.
Worry ifDelays in project completion or failure to secure leases.
Why it matters: Changes in credit terms can affect cash flow. This may hurt the company's growth.
Watch forThe company shares good news about its credit agreement. The new terms are better.
Also watch forThe company reveals bad news about its credit terms. Borrowing costs are going up.
Why it matters: New acquisitions could signal growth and expansion. This may enhance the company's portfolio and earnings potential.
Supportive ifNew property purchases are announced for more than $50 million.
Worry ifNo new acquisitions announced in the next quarter.
Why it matters: Another increase in Core FFO guidance would show strong earnings growth and confidence in operations.
Supportive ifManagement raises Core FFO guidance for 2026 above $3.13 per share.
Worry ifManagement maintains or lowers Core FFO guidance for 2026 below $3.07 per share.
Why it matters: Finishing this project would expand the portfolio and enhance revenue from new leases.
Supportive ifThe Fort Myers project is done. A lease with the Florida Department of Law Enforcement starts now.
Worry ifThe project faces delays or is not completed by the expected timeline.
Why it matters: More cash from operations shows better money management. It also shows growth potential.
Supportive ifCash from operating activities grows by over 10% each year.
Worry ifCash from operating activities goes down or stays the same.
Why it matters: Cash from operations is key for funding dividends and growth. A decline signals potential issues.
Worry ifCash from operating activities goes up from $27.3 million in Q1 2026.
Less concerning ifCash from operating activities goes down from $27.3 million in Q1 2026.
Why it matters: Updates on projects show how the property portfolio is growing. This can impact future earnings.
Watch forFinishing any project leads to new long-term leases.
Also watch forDelays or cancellations of any project can happen.
Why it matters: Finishing these projects will grow the property portfolio. It will also boost revenue.
Supportive ifThe company announces completion of the Fort Myers and Flagstaff projects.
Worry ifDelays are reported in the completion of either project.
Why it matters: The new loan affects cash flow and funding for growth. This can change how the company operates.
Watch forThe company will use the loan money for new purchases or projects.
Also watch forThe company struggles to use the loan properly. This leads to problems in operations.
Why it matters: Keeping the dividend shows good financial health. It also shows care for shareholders.
Supportive ifThe company announces a dividend per share that meets or exceeds the current level.
Worry ifThe company cuts the dividend per share.
Why it matters: Meeting or exceeding this number would confirm management's confidence in earnings growth. It would also align with the raised guidance for 2026.
Supportive ifQ3 Core FFO per share reported at or above $0.78.
Worry ifQ3 Core FFO per share reported below $0.78.
Why it matters: Keeping this dividend shows steady cash flow. It also shows management cares about spending money wisely.
Supportive ifThe company pays a quarterly dividend of $0.45.
Worry ifThe company cuts the quarterly dividend to less than $0.45.
Why it matters: Reaching this goal would show management's plan to grow the property portfolio. It shows they want to grow and stay stable.
Supportive ifAnnouncement of new property deals or projects worth at least $50 million.
Worry ifNo new deals or projects announced in the next quarter.
Why it matters: This report will give details on financial performance and management's plans. It will help assess future guidance.
Watch forEarnings report shows improved metrics, such as Core FFO and net income.
Also watch forEarnings report shows drops in important financial numbers.