Douglas Emmett (NYSE:DEI) Hits New 1-Year Low After Analyst Downgrade

Douglas Emmett, Inc. (NYSE:DEI) hit a new 52-week low on Tuesday after Scotiabank lowered their price target on the stock from $12.50 to $11.50. Scotiabank currently has a sector perform rating on the stock. Douglas Emmett traded as low as $9.40 and last traded at $9.3850, with a volume of 146254 shares. The stock had previously closed at $9.72.

Several other equities research analysts have also recently weighed in on the company. UBS Group cut Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. Cantor Fitzgerald restated a “neutral” rating and set a $11.00 price objective on shares of Douglas Emmett in a research report on Monday, January 5th. Piper Sandler dropped their target price on shares of Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Jefferies Financial Group reissued a “hold” rating on shares of Douglas Emmett in a research report on Tuesday, November 11th. Finally, Evercore set a $12.00 price objective on Douglas Emmett in a report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Douglas Emmett has a consensus rating of “Hold” and a consensus price target of $13.28.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its stake in Douglas Emmett by 220.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 1,166 shares during the last quarter. Westside Investment Management Inc. boosted its position in shares of Douglas Emmett by 100.0% in the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 920 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Douglas Emmett in the third quarter worth approximately $32,000. Hantz Financial Services Inc. grew its holdings in Douglas Emmett by 448.3% in the third quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 2,143 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Douglas Emmett by 33.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 1,226 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Douglas Emmett Stock Up 3.4%

The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.33. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 115.12, a price-to-earnings-growth ratio of 4.50 and a beta of 1.12. The firm’s 50-day moving average is $10.64 and its 200 day moving average is $12.68.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.35. The company had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The business’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. Sell-side analysts anticipate that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Tuesday, March 31st. Douglas Emmett’s dividend payout ratio (DPR) is 844.44%.

Douglas Emmett Company Profile

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.

The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.