Douglas Emmett (NYSE:DEI) Issues FY 2025 Earnings Guidance

Key Points

• Douglas Emmett (NYSE:DEI) has issued FY 2025 earnings guidance, projecting earnings per share (EPS) in the range of 1.430-1.470, slightly above the consensus estimate of 1.454.
• Equities analysts have adjusted their ratings for the company, with BMO Capital Markets setting a $17.00 price target and several firms lowering their price targets for the stock.
• The company recently announced a $0.19 per share dividend, representing a 5.0% dividend yield, despite a high dividend payout ratio of 237.50%.

Douglas Emmett (NYSE:DEI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.430-1.470 for the period, compared to the consensus estimate of 1.454. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets set a $17.00 price objective on shares of Douglas Emmett and gave the stock a "market perform" rating in a research report on Wednesday, July 16th. Wall Street Zen cut shares of Douglas Emmett from a "hold" rating to a "sell" rating in a research report on Saturday. Scotiabank reduced their price target on shares of Douglas Emmett from $21.00 to $19.00 and set a "sector outperform" rating for the company in a research report on Monday, July 14th. Piper Sandler reduced their price target on shares of Douglas Emmett from $20.00 to $18.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. Finally, Wells Fargo & Company reduced their price target on shares of Douglas Emmett from $20.00 to $16.00 and set an "overweight" rating for the company in a research report on Monday, May 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $17.78.

Douglas Emmett Stock Performance

Shares of NYSE:DEI traded down $0.13 on Friday, reaching $14.40. The company's stock had a trading volume of 1,624,498 shares, compared to its average volume of 1,561,917. The stock's 50-day moving average is $15.19 and its two-hundred day moving average is $15.43. Douglas Emmett has a 52-week low of $12.39 and a 52-week high of $20.50. The company has a debt-to-equity ratio of 1.55, a current ratio of 3.49 and a quick ratio of 3.89. The stock has a market capitalization of $2.41 billion, a P/E ratio of 65.43 and a beta of 1.26.

Douglas Emmett (NYSE:DEI - Get Free Report) last announced its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.37 EPS for the quarter, meeting analysts' consensus estimates of $0.37. Douglas Emmett had a net margin of 3.77% and a return on equity of 1.04%. The business had revenue of $252.43 million during the quarter, compared to analysts' expectations of $250.98 million. During the same period in the prior year, the company earned $0.46 earnings per share. The business's revenue was up 2.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Douglas Emmett will post 1.45 EPS for the current year.

Douglas Emmett Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, June 30th. Douglas Emmett's dividend payout ratio is presently 345.45%.

Institutional Investors Weigh In On Douglas Emmett

A number of institutional investors and hedge funds have recently made changes to their positions in DEI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Douglas Emmett by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust's stock worth $1,538,000 after acquiring an additional 4,186 shares during the period. Intech Investment Management LLC increased its stake in shares of Douglas Emmett by 33.4% during the first quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust's stock worth $1,344,000 after acquiring an additional 21,035 shares during the period. Royal Bank of Canada increased its stake in shares of Douglas Emmett by 43.4% during the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust's stock worth $476,000 after acquiring an additional 9,007 shares during the period. Empowered Funds LLC increased its stake in shares of Douglas Emmett by 8.4% during the first quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust's stock worth $385,000 after acquiring an additional 1,864 shares during the period. Finally, Creative Planning increased its stake in shares of Douglas Emmett by 6.7% during the second quarter. Creative Planning now owns 21,024 shares of the real estate investment trust's stock worth $316,000 after acquiring an additional 1,317 shares during the period. 97.37% of the stock is owned by hedge funds and other institutional investors.

About Douglas Emmett

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.