Bullish Case: Easterly's recent acquisition of a large ICE facility and increased holdings by major asset managers suggest confidence in sustained revenue from government leases, potentially enhancing stock stability and growth.


Bearish Case: With DEA's price struggling with a multi-year decline, high dividend payout ratio, and negative market sentiment, there's a significant risk of further price depreciation and dividend sustainability issues.


Potential Outcomes:

1. Positive return to investors through high-yield dividends, revitalizing investor confidence: 25%.

2. Market sentiment declines further impacting DEA negatively: 45%.

3. Bullish market correction if positive government contract news emerges: 30%.


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April 25, 2024


Easterly Government Properties Forecast

DEA        Easterly Government Properties
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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