Easterly Government Properties, the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst John Kim from BMO Capital maintained a Hold rating on the stock and has a $25.00 price target.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
John Kim has given his Hold rating due to a combination of factors influencing Easterly Government Properties. The company reported a strong second quarter in 2025, surpassing expectations with its Core Funds from Operations per share, yet it maintained its full-year guidance, which aligns with market consensus. The firm’s investment strategy is expanding to include high-credit state and local tenants, which now account for a growing portion of its revenue, indicating a diversification effort.
Despite these positive developments, there are concerns that justify a Hold rating. The company’s net debt to EBITDA ratio remains high and is expected to increase further due to ongoing investment activities. Additionally, the exposure to floating interest rates has risen, which could pose financial risks. These factors suggest a balanced outlook, warranting a Hold recommendation from John Kim.
In another report released on July 23, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $25.00 price target.