Douglas Emmett, Inc. (NYSE:DEI) Receives Average Recommendation of “Hold” from Analysts

Shares of Douglas Emmett, Inc. (NYSE:DEI) have received a consensus recommendation of “Hold” from the ten research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $13.50.

A number of research analysts have recently commented on DEI shares. Cantor Fitzgerald upped 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. Evercore set a $14.00 price target on shares of Douglas Emmett in a report on Monday. Wells Fargo & Company increased their target price on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. 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 report on Tuesday, February 17th. Finally, Citigroup increased their target price on shares of Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DEI. EverSource Wealth Advisors LLC grew its holdings in Douglas Emmett by 220.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,166 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Douglas Emmett in the 3rd quarter valued at about $32,000. Hantz Financial Services Inc. boosted its holdings in shares of Douglas Emmett by 448.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 2,143 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted 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 buying an additional 1,226 shares in the last quarter. Finally, Frazier Financial Advisors LLC boosted its holdings in shares of Douglas Emmett by 47.0% in 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 buying an additional 1,745 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Trading Down 1.5%

NYSE DEI opened at $12.45 on Thursday. The company’s 50-day moving average price is $11.02 and its 200-day moving average price is $10.84. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 1.62. The stock has a market cap of $2.08 billion, a PE ratio of -73.21, a PEG ratio of 6.59 and a beta of 1.16. Douglas Emmett has a 12 month low of $9.04 and a 12 month high of $16.99.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $250.96 million for the quarter, compared to analysts’ expectations of $251.11 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The business’s revenue for the quarter was down .4% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Equities research analysts forecast that Douglas Emmett will post 1.41 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.1%. The ex-dividend date is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is presently -447.06%.

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.