From Yahoo Finance: 2025-04-29 15:48:00

Easterly Government Properties (NYSE: DEA) met expectations with quarterly results, but focus remains on recent corporate actions. Shares dropped 3% on Tuesday. The real estate investment trust is affected by government efforts to cut spending, including reducing its dividend by 32% and implementing a stock split.

First-quarter funds from operations were $0.73 per share on revenue of $78.7 million. Results met expectations, but revenue missed by $1.3 million. CEO Darrell Crate remains optimistic about the company’s potential to benefit from government cost-saving efforts. Investors are cautious after a tumultuous April for Easterly.

Consider before investing in Easterly Government Properties: The Motley Fool Stock Advisor recommended 10 stocks to buy, excluding Easterly. Historical returns from past recommendations have been significant. Stock Advisor has outperformed the S&P 500 with a total average return of 872%.

Analyst Lou Whiteman has positions in Easterly Government Properties. The Motley Fool recommends the company. Easterly’s stock is down today, reflecting investor caution following recent corporate actions and quarterly results.

Read more: Why Easterly Government Properties Stock Is Down Today