Analysts expect that Douglas Emmett, Inc. (NYSE:DEI) will post earnings of $0.49 per share for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Douglas Emmett’s earnings, with the lowest EPS estimate coming in at $0.48 and the highest estimate coming in at $0.50. Douglas Emmett reported earnings of $0.47 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 4.3%. The firm is scheduled to issue its next quarterly earnings report after the market closes on Tuesday, February 13th.

On average, analysts expect that Douglas Emmett will report full-year earnings of $1.90 per share for the current financial year, with EPS estimates ranging from $1.89 to $1.91. For the next fiscal year, analysts expect that the company will post earnings of $2.00 per share, with EPS estimates ranging from $1.98 to $2.04. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Douglas Emmett.

Douglas Emmett (NYSE:DEI) last announced its earnings results on Tuesday, November 7th. The real estate investment trust reported $0.48 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.48. Douglas Emmett had a net margin of 11.29% and a return on equity of 2.58%. The company had revenue of $208.75 million for the quarter, compared to analysts’ expectations of $203.99 million. During the same period last year, the firm earned $0.47 earnings per share. The business’s revenue for the quarter was up 8.7% on a year-over-year basis.

DEI has been the topic of several recent research reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $42.00 target price on shares of Douglas Emmett in a report on Thursday, September 21st. KeyCorp reaffirmed a “hold” rating on shares of Douglas Emmett in a report on Sunday, September 24th. Zacks Investment Research cut shares of Douglas Emmett from a “hold” rating to a “sell” rating in a report on Monday, October 16th. Mizuho reaffirmed a “hold” rating and set a $41.00 target price on shares of Douglas Emmett in a report on Friday, October 27th. Finally, Robert W. Baird raised their target price on shares of Douglas Emmett from $45.00 to $47.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. Douglas Emmett currently has a consensus rating of “Hold” and a consensus price target of $41.13.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisor Group Inc. boosted its position in shares of Douglas Emmett by 451.6% during the 3rd quarter. Advisor Group Inc. now owns 4,065 shares of the real estate investment trust’s stock worth $160,000 after acquiring an additional 3,328 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Douglas Emmett by 14.4% in the second quarter. PNC Financial Services Group Inc. now owns 4,120 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 520 shares in the last quarter. CIBC Asset Management Inc acquired a new stake in Douglas Emmett in the third quarter valued at approximately $206,000. Timber Hill LLC acquired a new stake in Douglas Emmett in the third quarter valued at approximately $206,000. Finally, Virtu KCG Holdings LLC acquired a new stake in Douglas Emmett in the second quarter valued at approximately $206,000. Institutional investors and hedge funds own 96.50% of the company’s stock.

Shares of Douglas Emmett (NYSE:DEI) traded up $0.30 on Thursday, hitting $38.86. 816,900 shares of the stock traded hands, compared to its average volume of 904,682. Douglas Emmett has a 12 month low of $36.60 and a 12 month high of $41.59. The company has a market capitalization of $6,540.00, a PE ratio of 74.73, a PEG ratio of 3.01 and a beta of 0.71.

The company also recently declared a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were given a dividend of $0.25 per share. This is a positive change from Douglas Emmett’s previous quarterly dividend of $0.23. The ex-dividend date was Thursday, December 28th. This represents a $1.00 annualized dividend and a dividend yield of 2.57%. Douglas Emmett’s dividend payout ratio (DPR) is currently 192.31%.

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Douglas Emmett Company Profile

Douglas Emmett, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment).

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Earnings History and Estimates for Douglas Emmett (NYSE:DEI)

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