Douglas Emmett (NYSE:DEI) Issues Quarterly Earnings Results

Key Points

• Q1 EPS beat: Douglas Emmett reported EPS of ($0.02), beating the ($0.05) consensus by $0.03 while revenue was $250.96M (just below the $251.11M estimate), and the company updated FY 2026 guidance to 1.390–1.45 EPS.
• High-yield dividend with sustainability risk: The firm paid a $0.19 quarterly dividend (annualized $0.76) for a 6.7% yield
• Market view and valuation: DEI traded at $11.32 with a $1.90B market cap and a high P/E of 125.79; analysts have a consensus "Hold" rating and a $12.94 average price target.

Douglas Emmett (NYSE:DEI - Get Free Report) posted its quarterly earnings results on Tuesday. The real estate investment trust reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.03, FiscalAI reports. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The company had revenue of $250.96 million during the quarter, compared to analysts' expectations of $251.11 million. Douglas Emmett updated its FY 2026 guidance to 1.390-1.45 EPS.

Douglas Emmett Stock Performance

DEI stock traded up $0.23 on Tuesday, hitting $11.32. The company's stock had a trading volume of 2,871,649 shares, compared to its average volume of 2,622,709. The firm has a 50 day moving average of $9.96 and a two-hundred day moving average of $10.99. Douglas Emmett has a 1 year low of $9.04 and a 1 year high of $16.99. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 125.79, a price-to-earnings-growth ratio of 4.91 and a beta of 1.14. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 1.60.

Douglas Emmett Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a $0.19 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.76 annualized dividend and a yield of 6.7%. Douglas Emmett's dividend payout ratio is 844.44%.

Hedge Funds Weigh In On Douglas Emmett

Large investors have recently bought and sold shares of the company. Caxton Associates LLP purchased a new position in Douglas Emmett during the 2nd quarter worth $172,000. Quantbot Technologies LP purchased a new position in Douglas Emmett during the 2nd quarter worth $171,000. Franklin Resources Inc. raised its position in Douglas Emmett by 22.2% during the 4th quarter. Franklin Resources Inc. now owns 15,213 shares of the real estate investment trust's stock worth $167,000 after buying an additional 2,760 shares during the last quarter. Corient Private Wealth LLC purchased a new position in Douglas Emmett during the 2nd quarter worth $157,000. Finally, WINTON GROUP Ltd purchased a new position in Douglas Emmett during the 4th quarter worth $153,000. Hedge funds and other institutional investors own 97.37% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on DEI shares. UBS Group cut shares of Douglas Emmett to a "sector perform" rating in a report on Wednesday, January 14th. Evercore set a $12.00 target price on shares of Douglas Emmett in a report on Wednesday, February 11th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $11.00 price target on shares of Douglas Emmett in a research report on Monday, January 5th. Piper Sandler reduced their price target on shares of Douglas Emmett from $14.00 to $11.00 and set a "neutral" rating for the company in a research report on Tuesday, February 17th. Finally, Scotiabank reduced their price target on shares of Douglas Emmett from $12.50 to $11.50 and set a "sector perform" rating for the company in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Douglas Emmett presently has a consensus rating of "Hold" and a consensus price target of $12.94.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.