Key Insights:
- Easterly Government Properties (DEA, Financial) completes a strategic reverse stock split at a 1-for-2.5 ratio.
- Analysts forecast a potential upside of 31.42% from the current stock price.
- GuruFocus estimates a potential 71.49% increase based on GF Value calculations.
Easterly Government Properties (DEA) has successfully finalized a reverse stock split, restructuring its common stock at a strategic 1-for-2.5 ratio. This move effectively reduces the total share count from approximately 112.3 million shares to around 44.9 million shares, impacting both investment dynamics and market positioning.
Wall Street Analysts Forecast
The consensus among six analysts provides a one-year price target for Easterly Government Properties Inc (DEA, Financial) averaging at $26.88, with predictions ranging from a high of $30.00 to a low of $23.75. This average target suggests a potential upside of 31.42% from the current trading price of $20.45. For a deeper dive into these projections, refer to the Easterly Government Properties Inc (DEA) Forecast page.
The consensus recommendation from seven brokerage firms places Easterly Government Properties Inc's (DEA, Financial) average rating at 3.0, indicating a "Hold" status. The rating scale utilised ranges from 1 (Strong Buy) to 5 (Sell), reflecting a cautious yet stable outlook on the stock's performance.
GF Value Analysis
According to GuruFocus estimates, the projected GF Value for Easterly Government Properties Inc (DEA, Financial) in one year stands at $35.07. This estimate implies a substantial upside of 71.49% from the current price of $20.45. The GF Value is calculated by considering the historical trading multiples, past business growth, and future performance estimates, offering a comprehensive perspective on the stock's fair trading value. To explore more detailed insights, visit the Easterly Government Properties Inc (DEA) Summary page.
