RBC Capital analyst Michael Carroll maintained a Buy rating on Easterly Government Properties (NYSE:DEA) on Friday, setting a price target of $26, which is approximately 5.69% above the present share price of $24.6.
Carroll expects Easterly Government Properties to post earnings per share (EPS) of $0.02 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Easterly Government Properties, with an average price target of $26.
The analysts price targets range from a high of $28 to a low of $24.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $58.22 million and a net profit of $11.36 million. The company's market cap is $1.96 billion.
According to TipRanks.com, RBC Capital analyst Michael Carroll is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 70.55% success rate.
Easterly Government Properties, Inc. operates as a real estate investment trust, which engages in the acquisition, development, and management of commercial properties that are leased to U.S. Government agencies. The company was founded on October 10, 2014 and is headquartered in Washington, DC.