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Recent Updates — DEA

August 5, 2026View Source ↗

Easterly Government Properties, Inc. filed a prospectus supplement to its existing $300 million 'at the market' (ATM) equity offering program dated August 4, 2026. The filing permits the Company to enter into contingent and non-contingent forward transactions with various financial institutions as sales agents. As of the filing date, $85,017,692 had been sold under the program, leaving up to $214,982,308 available for future issuance. The amendment updates the equity distribution agreements and allows for the receipt of contingency premiums from forward purchasers. Easterly Government Properties operates in the real estate industry, specifically owning and managing government-served properties.

August 3, 2026View Source ↗

Easterly Government Properties reported second quarter 2026 net income of $3.2 million ($0.07 per diluted share) and Core FFO of $37.4 million ($0.78 per diluted share). The company raised its full-year 2026 Core FFO guidance to a range of $3.07–$3.13 per share. Capital markets activity included closing a new five-year, $200 million senior unsecured term loan facility maturing in June 2031 with an accordion feature for up to $50 million additional capacity, and issuing approximately 796,943 shares via its ATM program for net proceeds of $18.8 million at a weighted average price of $23.86. The Board approved a quarterly cash dividend of $0.45 per share, payable August 20, 2026 to shareholders of record on August 10, 2026. Total indebtedness stood at approximately $1.7 billion with a weighted average interest rate of 4.6%. Easterly Government Properties is a real estate investment trust focused on the acquisition, development and management of Class A commercial properties leased to the U.S. Government.

June 30, 2026View Source ↗

Easterly Government Properties, Inc. entered into a $200.0 million senior unsecured term loan agreement with PNC Bank as administrative agent and several other banks, which includes an accordion feature for up to $50.0 million in additional capacity, totaling $250.0 million. The facility matures in June 2031. Additionally, the company entered into an eleventh amendment to its 2016 term loan agreement to align SOFR-based borrowing costs with the 2026 term loan. Easterly Government Properties, Inc. is a real estate investment trust that focuses on on-government lease properties.</div>