Douglas Emmett, Inc. (NYSE:DEI) Receives Average Rating of "Hold" from Brokerages

Key Points

• Douglas Emmett has a consensus “Hold” rating among nine brokerages: seven recommend holding, one recommends selling and one recommends buying. The average 12-month price target is $13.57, above the reported $10.26 share price.
• The REIT’s latest quarterly results missed earnings expectations, reporting a $0.02 loss per share versus the $0.36 consensus estimate, although revenue of $256.55 million exceeded forecasts and increased 2% year over year.
• Douglas Emmett declared a quarterly dividend of $0.19 per share, equating to an annualized $0.76 payout and a 7.4% yield. Institutional investors own approximately 97.37% of the company’s stock.

Douglas Emmett, Inc. (NYSE:DEI - Get Free Report) has been assigned a consensus rating of "Hold" from the nine brokerages that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $13.5714.

Several research analysts have weighed in on DEI shares. Weiss Ratings raised shares of Douglas Emmett from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. boosted their target price on shares of Douglas Emmett from $15.00 to $16.00 and gave the stock a "neutral" rating in a report on Wednesday, September 9th. Cantor Fitzgerald upped their target price on shares of Douglas Emmett from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Scotiabank dropped their target price on shares of Douglas Emmett from $13.00 to $12.00 and set a "sector perform" rating for the company in a research report on Thursday. Finally, Wells Fargo & Company raised their target price on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an "overweight" rating in a research note on Monday, June 1st.

Douglas Emmett Price Performance

NYSE:DEI opened at $10.26 on Friday. The business's 50-day simple moving average is $11.66 and its two-hundred day simple moving average is $11.20. Douglas Emmett has a 52 week low of $9.04 and a 52 week high of $16.47. The stock has a market cap of $1.72 billion, a PE ratio of -68.36, a P/E/G ratio of 4.03 and a beta of 1.15. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63.

Douglas Emmett (NYSE:DEI - Get Free Report) last released 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). The business had revenue of $256.55 million during the quarter, compared to the consensus estimate of $253.35 million. Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The business's revenue was up 2.0% on a year-over-year basis. During the same period last year, the company earned $0.37 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. As a group, analysts forecast that Douglas Emmett will post 1.41 EPS for the current fiscal year.

Douglas Emmett Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, September 30th. Douglas Emmett's dividend payout ratio is -506.67%.

Institutional Investors Weigh In On Douglas Emmett

Several large investors have recently made changes to their positions in the company. Tidal Investments LLC grew its holdings in Douglas Emmett by 35.5% during the 2nd quarter. Tidal Investments LLC now owns 134,676 shares of the real estate investment trust's stock valued at $1,589,000 after buying an additional 35,316 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Douglas Emmett during the 2nd quarter valued at approximately $73,000. Allworth Financial LP boosted its position in shares of Douglas Emmett by 320.1% during the 2nd quarter. Allworth Financial LP now owns 5,772 shares of the real estate investment trust's stock valued at $68,000 after acquiring an additional 4,398 shares during the last quarter. Nykredit A S purchased a new position in shares of Douglas Emmett in the second quarter valued at $42,000. Finally, Corient Private Wealth LP grew its holdings in shares of Douglas Emmett by 12.5% in the second quarter. Corient Private Wealth LP now owns 26,453 shares of the real estate investment trust's stock valued at $312,000 after purchasing an additional 2,943 shares in the last quarter. 97.37% of the stock is owned by institutional investors.

Douglas Emmett Company Profile

Douglas Emmett, Inc NYSE: DEI is a self-administered and self-managed real estate investment trust that owns, develops, acquires and operates office and multifamily properties. The company focuses primarily on high-quality, strategically located properties in supply-constrained markets.

Its office portfolio is concentrated in Los Angeles, including the Westside and neighboring submarkets, while its multifamily properties are located in Los Angeles and Honolulu. The company's properties serve a range of businesses and residential tenants, with an emphasis on well-located Class A office buildings and apartment communities.

Douglas Emmett was founded in 1971 and became a publicly traded company in 2006.

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