Douglas Emmett (NYSE:DEI – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.
Other equities research analysts have also recently issued reports about the company. Weiss Ratings cut Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th. Citigroup increased their target price on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Wells Fargo & Company lifted their price target on Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Scotiabank boosted their price target on Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. Finally, Cantor Fitzgerald increased their price objective on Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $13.50.
Check Out Our Latest Report on Douglas Emmett
Douglas Emmett Stock Performance
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 the consensus estimate of $0.36 by $0.01. The business had revenue of $250.96 million for the quarter, compared to analyst estimates of $251.11 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, research analysts forecast that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of DEI. EverSource Wealth Advisors LLC grew its position in shares of Douglas Emmett by 220.8% in 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 purchasing an additional 1,166 shares in the last quarter. Advisory Services Network LLC purchased a new position in Douglas Emmett during the third quarter worth approximately $32,000. Mirae Asset Global Investments Co. Ltd. boosted its stake 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 buying an additional 1,226 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in Douglas Emmett by 98.7% during the fourth quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 2,588 shares during the last quarter. Finally, Frazier Financial Advisors LLC grew its holdings in 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 owned by hedge funds and other 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.
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