Douglas Emmett (NYSE:DEI) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised Douglas Emmett’s price target to $16 from $15 while maintaining a neutral rating, implying approximately 49% upside from the stock’s $10.73 price.
• Analyst sentiment remains cautious: seven analysts rate the REIT Hold, compared with one Buy and one Sell, producing a consensus rating of Hold and an average price target of $13.71.
• Douglas Emmett missed quarterly earnings expectations, reporting a loss of $0.02 per share versus the $0.36 consensus estimate, although revenue rose 2% year over year to $256.55 million.

Douglas Emmett (NYSE:DEI - Get Free Report) had its price target boosted by JPMorgan Chase & Co. from $15.00 to $16.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a "neutral" rating on the real estate investment trust's stock. JPMorgan Chase & Co.'s price target points to a potential upside of 49.05% from the company's current price.

Other equities analysts have also recently issued reports about the company. Cantor Fitzgerald increased their price target on Douglas Emmett from $12.00 to $13.00 and gave the company a "neutral" rating in a report on Friday, August 7th. Wells Fargo & Company lifted their price objective on Douglas Emmett from $13.00 to $14.00 and gave the stock an "overweight" rating in a report on Monday, June 1st. Wall Street Zen upgraded Douglas Emmett from a "sell" rating to a "hold" rating in a research report on Saturday, August 15th. Evercore set a $14.00 target price on Douglas Emmett in a report on Monday, June 8th. Finally, Piper Sandler raised their target price on Douglas Emmett from $11.00 to $14.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $13.71.

Douglas Emmett Stock Performance

Shares of DEI stock traded down $0.47 during trading hours on Wednesday, reaching $10.73. The company had a trading volume of 912,110 shares, compared to its average volume of 2,385,893. The business has a fifty day moving average price of $11.92 and a 200-day moving average price of $11.19. Douglas Emmett has a one year low of $9.04 and a one year high of $16.99. The firm has a market cap of $1.80 billion, a PE ratio of -71.50, a price-to-earnings-growth ratio of 5.13 and a beta of 1.15. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.60 and a current ratio of 2.60.

Douglas Emmett (NYSE:DEI - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million for the quarter, compared to the consensus estimate of $253.35 million. During the same quarter last year, the company earned $0.37 EPS. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. Sell-side analysts predict that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Douglas Emmett

Several institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio purchased a new position in Douglas Emmett during the second quarter worth $2,254,000. Quantinno Capital Management LP raised its stake in shares of Douglas Emmett by 52.4% in the first quarter. Quantinno Capital Management LP now owns 377,327 shares of the real estate investment trust's stock valued at $3,554,000 after acquiring an additional 129,785 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Douglas Emmett in the 2nd quarter worth about $1,650,000. BlackRock Inc. bought a new stake in shares of Douglas Emmett in the 2nd quarter worth about $287,803,000. Finally, Centersquare Investment Management LLC boosted its stake in shares of Douglas Emmett by 54.7% during the 4th quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust's stock worth $27,909,000 after purchasing an additional 897,630 shares during the period. 97.37% of the stock is owned by hedge funds and other 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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