Douglas Emmett (DEI) Set to Announce Quarterly Earnings on Tuesday
Douglas Emmett (NYSE:DEI) is scheduled to announce its Q313 earnings results on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $149.02 million for the quarter.
Douglas Emmett (NYSE:DEI) opened at 25.26 on Monday. Douglas Emmett has a 52 week low of $21.55 and a 52 week high of $28.59. The stock’s 50-day moving average is $24.24 and its 200-day moving average is $24.93. The company has a market cap of $3.602 billion and a P/E ratio of 99.84.
On a related note, analysts at Cowen and Company cut their price target on shares of Douglas Emmett from $24.00 to $22.00 in a research note to investors on Thursday, September 12th. They now have a “market perform” rating on the stock. One analyst has rated the stock with a sell rating and eight have given a hold rating to the company. Douglas Emmett has a consensus rating of “Hold” and an average target price of $24.75.
Douglas Emmett, Inc is a self-administered and self-managed Real Estate Investment Trust (NYSE:DEI).
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