Easterly Government Properties Q2 net income reaches $3.2 million
- Easterly Government Properties reported second-quarter 2026 net income of $3.2 million, translating to $0.07 per share on a fully diluted basis.
- The company closed a new five-year $200 million senior unsecured term loan facility and issued 796,943 shares of common stock to raise approximately $18.8 million in net proceeds.
- Management highlighted strong execution across the business and the durability of its portfolio, prompting the organization to raise its full-year 2026 guidance.
Easterly Government Properties (NYSE:DEA) announced its financial results for the second quarter of 2026, reporting a net income of $3.2 million.
This translates to $0.07 per share on a fully diluted basis for the three-month period.
The real estate investment trust also generated a Core FFO of $37.4 million, or $0.78 per share on a fully diluted basis.
The company stated its operating portfolio was 98% leased, encompassing approximately 10.7 million leased square feet across 106 operating properties.
Following the announcement, Easterly Government Properties' share price was trading around $24.51.
The organization ended the quarter with total indebtedness of approximately $1.7 billion, with a weighted average maturity of 4 years and an interest rate of 4.6%.
Management also approved a cash dividend of $0.45 per common share for the second quarter, payable on August 20, 2026.
