Douglas Emmett, Inc. (NYSE:DEI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Douglas Emmett, Inc. (NYSE:DEI) have received an average recommendation of “Hold” from the ten brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $12.9375.

DEI has been the subject of a number of research reports. UBS Group cut shares of Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th. Evercore set a $12.00 price target on Douglas Emmett in a report on Wednesday, February 11th. Weiss Ratings cut Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $11.00 price objective on shares of Douglas Emmett in a research note on Monday, January 5th. Finally, Scotiabank decreased their price objective on Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a research report on Monday, March 2nd.

Hedge Funds Weigh In On Douglas Emmett

Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased 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 valued at $25,000 after buying an additional 1,166 shares during the period. Westside Investment Management Inc. lifted its stake in shares of Douglas Emmett by 100.0% in the 3rd 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 period. Advisory Services Network LLC acquired a new stake in shares of Douglas Emmett in the 3rd quarter worth $32,000. Hantz Financial Services Inc. boosted its holdings in shares of 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 acquiring an additional 2,143 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Douglas Emmett by 33.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 1,226 shares in the last quarter. 97.37% of the stock is currently owned by hedge funds and other institutional investors.

Douglas Emmett Stock Performance

Shares of Douglas Emmett stock opened at $9.19 on Friday. The firm’s fifty day simple moving average is $10.15 and its 200-day simple moving average is $11.98. Douglas Emmett has a 12 month low of $9.12 and a 12 month high of $16.99. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 102.07, a PEG ratio of 4.24 and a beta of 1.12. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.33.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.35. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The firm had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. During the same quarter in the prior year, the business earned $0.38 EPS. Douglas Emmett’s quarterly revenue was up 1.8% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. As a group, equities analysts forecast that Douglas Emmett will post 1.45 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Tuesday, March 31st. Douglas Emmett’s dividend payout ratio 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.