Douglas Emmett (NYSE:DEI) Releases 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) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.430-1.470 for the period, compared to the consensus EPS estimate of 1.454. The company issued revenue guidance of -.

Douglas Emmett Price Performance

NYSE:DEI traded down $0.18 during midday trading on Thursday, hitting $14.50. The company had a trading volume of 1,000,080 shares, compared to its average volume of 1,945,102. The stock's fifty day moving average price is $15.19 and its 200-day moving average price is $15.49. The company has a quick ratio of 3.89, a current ratio of 3.89 and a debt-to-equity ratio of 1.54. Douglas Emmett has a 52-week low of $12.39 and a 52-week high of $20.50. The company has a market capitalization of $2.43 billion, a PE ratio of 66.13 and a beta of 1.26.

Douglas Emmett (NYSE:DEI - Get Free Report) last posted its earnings results on Tuesday, August 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, meeting analysts' consensus estimates of $0.37. Douglas Emmett had a return on equity of 1.03% and a net margin of 3.77%. The company had revenue of $252.43 million for the quarter, compared to the consensus estimate of $250.98 million. During the same quarter in the prior year, the company earned $0.46 earnings per share. Douglas Emmett's revenue was up 2.4% on a year-over-year basis. As a group, research analysts expect that Douglas Emmett will post 1.45 earnings per share for the current year.

Douglas Emmett Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a dividend of $0.19 per share. The ex-dividend date was Monday, June 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.2%. Douglas Emmett's dividend payout ratio (DPR) is presently 237.50%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on DEI shares. Wells Fargo & Company decreased their price objective on Douglas Emmett from $20.00 to $16.00 and set an "overweight" rating on the stock in a report on Monday, May 19th. Piper Sandler reduced their price target on shares of Douglas Emmett from $20.00 to $18.00 and set an "overweight" rating on the stock in a research note on Friday, May 23rd. Wall Street Zen upgraded shares of Douglas Emmett from a "sell" rating to a "hold" rating in a research note on Monday, May 12th. BMO Capital Markets set a $17.00 price objective on Douglas Emmett and gave the company a "market perform" rating in a research note on Wednesday, July 16th. Finally, Scotiabank dropped their price target on shares of Douglas Emmett from $21.00 to $19.00 and set a "sector outperform" rating on the stock in a research note on Monday, July 14th. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Douglas Emmett has a consensus rating of "Hold" and an average target price of $17.78.

Institutional Investors Weigh In On Douglas Emmett

Several hedge funds have recently made changes to their positions in the company. Empowered Funds LLC boosted its position in 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 last quarter. Royal Bank of Canada grew its holdings in shares of Douglas Emmett by 43.4% during the 1st quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust's stock worth $476,000 after purchasing an additional 9,007 shares during the period. Intech Investment Management LLC raised its holdings in Douglas Emmett by 33.4% in the first quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust's stock valued at $1,344,000 after acquiring an additional 21,035 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Douglas Emmett by 4.6% in the 1st 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 buying an additional 4,186 shares during the last quarter. 97.37% of the stock is currently 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.