Douglas Emmett, Inc. (NYSE:DEI – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.83 and traded as high as $11.87. Douglas Emmett shares last traded at $11.7250, with a volume of 1,471,396 shares trading hands.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on DEI shares. Weiss Ratings lowered Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Evercore set a $14.00 price objective on shares of Douglas Emmett in a research report on Monday, June 8th. Citigroup lifted their price objective on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Cantor Fitzgerald boosted their target price on shares of Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company upped their target price on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $13.50.
View Our Latest Stock Analysis on Douglas Emmett
Douglas Emmett Trading Up 0.1%
Douglas Emmett (NYSE:DEI – Get Free Report) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $250.96 million for the quarter, compared to analyst estimates of $251.11 million. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.Douglas Emmett’s quarterly revenue was down .4% on a year-over-year basis. During the same period in the prior year, the company posted $0.40 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities analysts anticipate that Douglas Emmett, Inc. will post 1.41 EPS for the current year.
Douglas Emmett Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Tuesday, June 30th. Douglas Emmett’s payout ratio is -447.06%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in DEI. EverSource Wealth Advisors LLC raised its stake in Douglas Emmett by 220.8% during the second 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 in the last quarter. Advisory Services Network LLC acquired a new position in shares of Douglas Emmett in the 3rd quarter worth approximately $32,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Douglas Emmett by 33.4% in the 4th 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 during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Douglas Emmett by 98.7% in the 4th quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 2,588 shares during the last quarter. Finally, Frazier Financial Advisors LLC raised its position in shares of Douglas Emmett by 47.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 1,745 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors.
About Douglas Emmett
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.
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