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

Key Points

• Analysts maintain a “Hold” consensus on Douglas Emmett, with seven hold, one sell and one buy rating among nine analysts. The average 12-month price target is $13.71, compared with the stock’s opening price of $11.96.
• Douglas Emmett reported quarterly EPS of -$0.02, missing the $0.36 consensus estimate, although revenue rose 2% year over year to $256.55 million. Analysts expect full-year EPS of approximately $1.41, in line with the company’s guidance range.
• The REIT pays a quarterly dividend of $0.19 per share, equivalent to an annualized $0.76 dividend and a 6.4% yield. Institutional investors own 97.37% of the company’s stock, with BlackRock recently establishing a sizable position.

Shares of Douglas Emmett, Inc. (NYSE:DEI - Get Free Report) have earned an average recommendation of "Hold" from the nine research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $13.7143.

DEI has been the topic of a number of analyst reports. Citigroup raised their price objective on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a "neutral" rating in a report on Monday, May 11th. Piper Sandler boosted their target price on shares of Douglas Emmett from $11.00 to $14.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 21st. Wall Street Zen raised Douglas Emmett from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Evercore set a $14.00 price target on Douglas Emmett in a research note on Monday, June 8th. Finally, Weiss Ratings raised Douglas Emmett from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday, July 23rd.

Douglas Emmett Trading Up 1.5%

DEI opened at $11.96 on Tuesday. The business has a fifty day moving average price of $11.96 and a 200 day moving average price of $11.09. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.60 and a quick ratio of 2.60. Douglas Emmett has a 12 month low of $9.04 and a 12 month high of $16.99. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of -79.76, a PEG ratio of 5.28 and a beta of 1.15.

Douglas Emmett (NYSE:DEI - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $253.35 million. During the same period in the prior year, the business earned $0.37 EPS. Douglas Emmett'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 expect that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Douglas Emmett's dividend payout ratio (DPR) is -506.67%.

Institutional Investors Weigh In On Douglas Emmett

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in Douglas Emmett in the second quarter valued at approximately $287,803,000. State Street Corp raised its holdings in Douglas Emmett by 1.0% during the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust's stock worth $148,593,000 after purchasing an additional 100,396 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Douglas Emmett by 2.5% during the 4th quarter. Wellington Management Group LLP now owns 7,142,978 shares of the real estate investment trust's stock worth $78,501,000 after buying an additional 171,208 shares during the last quarter. Millennium Management LLC lifted its position in shares of Douglas Emmett by 650.5% during the 4th quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust's stock worth $61,630,000 after buying an additional 4,860,682 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Douglas Emmett by 10.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust's stock valued at $58,367,000 after buying an additional 506,108 shares in the last quarter. Hedge funds and other institutional investors own 97.37% of the company's stock.

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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