Douglas Emmett (NYSE:DEI) Rating Lowered to “Sell” at Wall Street Zen

Douglas Emmett (NYSE:DEI) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

DEI has been the subject of several other reports. Weiss Ratings upgraded shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday. Cantor Fitzgerald increased their price target on shares of Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Scotiabank raised their price objective on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a “sector perform” rating in a research report on Tuesday. Piper Sandler lifted their price objective on shares of Douglas Emmett from $11.00 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Citigroup upped their target price on shares of Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.57.

Douglas Emmett Stock Performance

NYSE:DEI opened at $12.28 on Friday. The stock has a market cap of $2.06 billion, a P/E ratio of -72.21, a PEG ratio of 6.31 and a beta of 1.15. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. The business’s 50-day moving average price is $11.98 and its two-hundred day moving average price is $10.95. Douglas Emmett has a twelve month low of $9.04 and a twelve month high of $16.99.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.The company had revenue of $250.96 million during the quarter, compared to analyst estimates of $251.11 million. During the same quarter in the previous year, the firm earned $0.40 earnings per share. Douglas Emmett’s revenue was down .4% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities analysts predict that Douglas Emmett will post 1.41 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Handelsbanken Fonder AB lifted its holdings in shares of Douglas Emmett by 42.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 72,260 shares of the real estate investment trust’s stock worth $853,000 after acquiring an additional 21,600 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Douglas Emmett by 19.5% during the 2nd quarter. GAMMA Investing LLC now owns 11,735 shares of the real estate investment trust’s stock valued at $138,000 after purchasing an additional 1,912 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Douglas Emmett by 34.6% during the 1st quarter. Bank of America Corp DE now owns 918,712 shares of the real estate investment trust’s stock valued at $8,654,000 after purchasing an additional 236,105 shares during the last quarter. Amundi raised its position in Douglas Emmett by 2.4% in the 1st quarter. Amundi now owns 117,918 shares of the real estate investment trust’s stock worth $1,111,000 after purchasing an additional 2,754 shares during the period. Finally, California State Teachers Retirement System raised its position in Douglas Emmett by 29.1% in the 1st quarter. California State Teachers Retirement System now owns 206,486 shares of the real estate investment trust’s stock worth $1,945,000 after purchasing an additional 46,596 shares during the period. 97.37% of the stock is currently owned by institutional investors.

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.