Easterly reports $38 million Q3 Core FFO

• Easterly Government Properties reported third-quarter 2026 net income of $5.7 million, or $0.12 per diluted share, and Core Funds From Operations (FFO) of $38.0 million, or $0.78 per diluted share.
• The company's 106-property operating portfolio remained 98% leased, encompassing approximately 10.7 million square feet, while total indebtedness stood at approximately $1.7 billion.
• Easterly declared a quarterly dividend of $0.45 per share, payable November 20, 2026, to shareholders of record on November 5, and reported full repayment of its $35.6 million Bedford construction loan.

Easterly Government Properties (NYSE:DEA) reported third-quarter 2026 net income of $5.7 million, or $0.12 per diluted share, alongside Core Funds From Operations of $38 million, or $0.78 per diluted share.

For the nine months ended September 30, net income totaled $10.3 million, or $0.21 per diluted share, while Core FFO reached $112.5 million, or $2.33 per diluted share.

The company's operating portfolio comprised 106 properties totaling approximately 10.7 million leased square feet, with 98% occupancy and a weighted average remaining lease term of 9.2 years.

Easterly's board approved a quarterly cash dividend of $0.45 per share, payable November 20 to shareholders of record on November 5, 2026.

During the quarter, Easterly received full repayment of its $35.6 million Bedford construction loan, retired a $6.4 million mortgage obligation and reported approximately $1.7 billion in total indebtedness at a weighted average interest rate of 4.6%.

Easterly also renewed its USCIS property in Lincoln under a new 15-year lease, extended its FAA lease in Chicago and continued development of federal government facilities in Arizona and Oregon.

5. What is the debt position of Easterly Government Properties (NYSE:DEA)?

Easterly Government Properties (NYSE:DEA) reported approximately $1.7 billion in total indebtedness at September 30, 2026, with a weighted average interest rate of 4.6%, net debt to annualized quarterly EBITDA of 7.1 times and adjusted net debt to annualized quarterly EBITDA of 6.8 times.