Douglas Emmett (NYSE:DEI) Updates FY 2026 Earnings Guidance

Key Points

• Douglas Emmett updated its FY 2026 EPS guidance to $1.390–$1.45, which is roughly in line with the analyst consensus estimate of $1.41.
• The company declared a quarterly dividend of $0.19 (annualized $0.76) implying a 6.7% yield, but the dividend payout ratio is an extremely high 844.44%, signaling potential unsustainability.
• Wall Street sentiment has weakened with multiple price-target cuts and downgrades; the stock carries a consensus rating of "Hold" and a consensus target price of $12.94.

Douglas Emmett (NYSE:DEI - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.390-1.45 for the period, compared to the consensus earnings per share estimate of 1.410. The company issued revenue guidance of -.

Douglas Emmett Stock Up 2.1%

DEI traded up $0.23 during trading hours on Tuesday, reaching $11.32. 2,871,633 shares of the stock traded hands, compared to its average volume of 2,614,320. The firm's fifty day simple moving average is $9.96 and its two-hundred day simple moving average is $10.99. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 125.79, a PEG ratio of 4.91 and a beta of 1.14. Douglas Emmett has a fifty-two week low of $9.04 and a fifty-two week high of $16.99. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.33.

Douglas Emmett (NYSE:DEI - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. The business had revenue of $250.96 million during the quarter, compared to analyst estimates of $251.11 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, analysts forecast that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend was Tuesday, March 31st. Douglas Emmett's dividend payout ratio (DPR) is presently 844.44%.

Wall Street Analyst Weigh In

DEI has been the subject of a number of recent analyst reports. Piper Sandler lowered their price target on shares of Douglas Emmett from $14.00 to $11.00 and set a "neutral" rating for the company in a report on Tuesday, February 17th. Cantor Fitzgerald reiterated a "neutral" rating and set a $11.00 price objective on shares of Douglas Emmett in a research note on Monday, January 5th. Weiss Ratings downgraded shares of Douglas Emmett from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday, January 12th. Citigroup reduced their price objective on shares of Douglas Emmett from $12.00 to $10.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 18th. Finally, Scotiabank reduced their price objective on shares of Douglas Emmett from $12.50 to $11.50 and set a "sector perform" rating on the stock in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $12.94.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DEI. Millennium Management LLC lifted its position in shares of Douglas Emmett by 650.5% in 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. Alyeska Investment Group L.P. lifted its position in shares of Douglas Emmett by 142.7% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust's stock worth $39,619,000 after buying an additional 1,496,132 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Douglas Emmett by 1,195.2% in the 4th quarter. Marshall Wace LLP now owns 933,067 shares of the real estate investment trust's stock worth $10,254,000 after buying an additional 861,024 shares during the last quarter. Hotchkis & Wiley Capital Management LLC bought a new position in shares of Douglas Emmett in the 3rd quarter worth about $11,399,000. Finally, Invesco Ltd. lifted its position in shares of Douglas Emmett by 128.5% in the 4th quarter. Invesco Ltd. now owns 1,071,728 shares of the real estate investment trust's stock worth $11,778,000 after buying an additional 602,687 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Company Profile

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.