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

Douglas Emmett, Inc. (NYSE:DEI) has been given a consensus rating of “Hold” by the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $13.50.

Several research analysts recently weighed in on DEI shares. Evercore set a $14.00 price objective on shares of Douglas Emmett in a research report on Monday, June 8th. Wall Street Zen upgraded Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Weiss Ratings cut Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Citigroup boosted their target price on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Cantor Fitzgerald upped their price target on Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Bayhunt Capital LLC acquired a new stake in shares of Douglas Emmett during the 4th quarter worth approximately $4,012,000. JPMorgan Chase & Co. raised its stake in shares of Douglas Emmett by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 1,718,393 shares of the real estate investment trust’s stock worth $26,755,000 after buying an additional 135,622 shares during the last quarter. Centersquare Investment Management LLC lifted its holdings in Douglas Emmett by 54.7% in the fourth quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock valued at $27,909,000 after buying an additional 897,630 shares during the period. Legal & General Group Plc lifted its holdings in Douglas Emmett by 18.9% in the fourth quarter. Legal & General Group Plc now owns 2,494,659 shares of the real estate investment trust’s stock valued at $27,416,000 after buying an additional 396,487 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in Douglas Emmett by 19.5% in the third quarter. Victory Capital Management Inc. now owns 2,295,210 shares of the real estate investment trust’s stock valued at $35,736,000 after acquiring an additional 374,928 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Douglas Emmett Trading Down 0.2%

DEI opened at $12.48 on Monday. 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 capitalization of $2.09 billion, a PE ratio of -73.44, a PEG ratio of 6.51 and a beta of 1.15. Douglas Emmett has a 1-year low of $9.04 and a 1-year high of $16.99. The firm has a 50-day moving average price of $11.74 and a two-hundred day moving average price of $10.84.

Douglas Emmett (NYSE:DEI) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The company had revenue of $250.96 million during the quarter, compared to the consensus estimate of $251.11 million. During the same period in the previous year, the firm posted $0.40 earnings per share. The company’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 anticipate that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Dividend Announcement

The company also recently disclosed 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 of this dividend is Tuesday, June 30th. Douglas Emmett’s payout ratio is currently -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.