Easterly Government Properties Stock Price Got Far Too Cheap

Easterly Government Properties, Inc. (NYSE:DEA) is contractually owed $3.389 billion of rent from the U.S. Government. It can be bought today at an enterprise value of $2.825 billion. That is a proposition that got us interested in the government lease REIT after a remarkable fall in its market price. SA We believe that at today's valuation, the risk/reward outlook is quite favorable. This article will explore: Why DEA is trading so cheaply Sustainability of DEA's 9% dividend yield Growth outlook Departmen ...