Easterly Government Properties Completes Reverse Stock Split

Easterly Government Properties, Inc. (DEA)
Last easterly government properties, inc. earnings: 2/25 06:30 am
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US:NYSE Investor Relations:
ir.easterlyreit.com
Company Research
Source: Business Wire
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company’s common stock (the “Common Stock”) at a ratio of 1-for-2.5 (the “Reverse Stock Split”).At market open on April 28, 2025, the Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange (the "NYSE"). The Common Stock will continue to trade on the NYSE under the symbol "DEA" but will trade under a new CUSIP number of 27616P 301.As a result of the Reverse Stock Split, the number of outstanding shares of Common Stock was reduced from approximately 112.3 million shares to approximately 44.9 million shares. The Reverse Stock Split did not affect the number of the Company’s aut
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DEA
News
- Easterly Government Properties, Inc. (NYSE: DEA) had its price target lowered by analysts at Royal Bank of Canada from $27.50 to $22.00. They now have an "underperform" rating on the stock.MarketBeat
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- Easterly Government Properties to Participate in Wells Fargo 28th Annual Real Estate Securities ConferenceBusiness Wire
- Easterly Government Properties, Inc. (NYSE: DEA) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
DEA
Earnings
- 4/29/25 - Miss
DEA
Sec Filings
- 5/23/25 - Form 8-K
- 5/20/25 - Form 8-K/A
- 5/19/25 - Form 8-K
- DEA's page on the SEC website