About Douglas Emmett (NYSE:DEI)
Douglas Emmett, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment). The services for its Office segment include primarily rental of office space and other tenant services, including parking and storage space rental. The services for its Multifamily segment include primarily rental of apartments and other tenant services, including parking and storage space rental. It focuses on owning, acquiring developing and managing a substantial share of office properties and multifamily communities in neighborhoods.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial REITs
- Sub-Industry: Office REITs
- Symbol: NYSE:DEI
- CUSIP: 25960P10
- Web: www.douglasemmett.com
- Market Cap: $6.48406 billion
- Outstanding Shares: 162,875,000
- 50 Day Moving Avg: $39.56
- 200 Day Moving Avg: $38.64
- 52 Week Range: $33.78 - $41.12
Sales & Book Value:
- Trailing P/E Ratio: 68.09
- Foreward P/E Ratio: 19.62
- P/E Growth: 9.05
- Annual Revenue: $788.75 million
- Price / Sales: 8.22
- Book Value: $13.23 per share
- Price / Book: 3.01
- Annual Dividend: $0.92
- Dividend Yield: 2.3%
- EBITDA: $481.47 million
- Net Margins: 12.00%
- Return on Equity: 2.95%
- Return on Assets: 1.18%
- Current Ratio: 0.06%
- Quick Ratio: 0.06%
- Average Volume: 865,708 shs.
- Beta: 0.7
- Short Ratio: 3.09
Frequently Asked Questions for Douglas Emmett (NYSE:DEI)
What is Douglas Emmett's stock symbol?
Douglas Emmett trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEI."
How often does Douglas Emmett pay dividends? What is the dividend yield for Douglas Emmett?
Douglas Emmett announced a quarterly dividend on Friday, September 8th. Investors of record on Friday, September 29th will be paid a dividend of $0.23 per share on Friday, October 13th. This represents a $0.92 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Thursday, September 28th. View Douglas Emmett's Dividend History.
How were Douglas Emmett's earnings last quarter?
Douglas Emmett, Inc. (NYSE:DEI) issued its earnings results on Tuesday, August, 1st. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.01. The company earned $199.60 million during the quarter, compared to the consensus estimate of $198.60 million. Douglas Emmett had a net margin of 12.00% and a return on equity of 2.95%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. View Douglas Emmett's Earnings History.
When will Douglas Emmett make its next earnings announcement?
What guidance has Douglas Emmett issued on next quarter's earnings?
Douglas Emmett issued an update on its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $1.89-1.93 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.92.
Where is Douglas Emmett's stock going? Where will Douglas Emmett's stock price be in 2017?
10 brokers have issued 1 year target prices for Douglas Emmett's shares. Their predictions range from $35.00 to $43.00. On average, they anticipate Douglas Emmett's stock price to reach $39.71 in the next year. View Analyst Ratings for Douglas Emmett.
What are analysts saying about Douglas Emmett stock?
Here are some recent quotes from research analysts about Douglas Emmett stock:
- 1. According to Zacks Investment Research, "DOUGLAS EMMETT INC is a fully integrated, self-administered and self-managed real estate investment trust and one of the largest owners and operators of high-quality office and multifamily properties located in premier submarkets in California and Hawaii. The Company's properties are concentrated in ten submarkets Brentwood, Olympic Corridor, Century City, Santa Monica, Beverly Hills, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills, Burbank and Honolulu. The Company 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. " (10/16/2017)
- 2. Stifel Nicolaus analysts commented, "We are upgrading Douglas Emmett to Hold from Sell as, despite buying the Blackstone portfolio at a sub 4% in-place cap rate and using mostly leverage in doing so, the sheer growth in rental rates (27.5% GAAP, 11.0% cash in 2016) and Net Asset Value creation occurring outweighs these issues."He added, "During 2016, we were cautious on DEI's leverage strategy and the strength of its operating markets to our detriment. We believe a similar outlook of strong rental rate growth in 2017 is warranted and are therefore more bullish on DEI's prospects in spite of its current valuation." (2/8/2017)
Who are some of Douglas Emmett's key competitors?
Some companies that are related to Douglas Emmett include Alexandria Real Estate Equities (ARE), Federal Realty Investment Trust (FRT), VEREIT (VER), Land Securities Group plc (LAND), Kilroy Realty Corporation (KRC), British Land Company PLC (BLND), Liberty Property Trust (LPT), EPR Properties (EPR), DuPont Fabros Technology (DFT), SEGRO plc (SGRO), Biomed Realty Trust (BMR), STORE Capital Corporation (STOR), Hammerson plc (HMSO), Cousins Properties Incorporated (CUZ), PS Business Parks (PSB), Empire State Realty Trust (ESRT), Derwent London Plc (DLN) and Intu Properties PLC (INTU).
Who are Douglas Emmett's key executives?
Douglas Emmett's management team includes the folowing people:
- Dan A. Emmett, Chairman of the Board
- Jordan L. Kaplan, President, Chief Executive Officer, Director
- Mona M. Gisler, Chief Financial Officer
- Kenneth M. Panzer, Chief Operating Officer, Director
- Kevin Crummy, Chief Investment Officer
- Christopher H. Anderson, Independent Director
- Leslie E. Bider, Independent Director
- David T. Feinberg M.D., Independent Director
- Virginia A. McFerran, Independent Director
- Thomas E. O'Hern, Independent Director
Who owns Douglas Emmett stock?
Douglas Emmett's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Nationwide Fund Advisors (0.30%), Strs Ohio (0.11%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%) and Oakbrook Investments LLC (0.00%). View Institutional Ownership Trends for Douglas Emmett.
Who sold Douglas Emmett stock? Who is selling Douglas Emmett stock?
Who bought Douglas Emmett stock? Who is buying Douglas Emmett stock?
Douglas Emmett's stock was purchased by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Mutual of America Capital Management LLC and Oakbrook Investments LLC. View Insider Buying and Selling for Douglas Emmett.
How do I buy Douglas Emmett stock?
Shares of Douglas Emmett can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Douglas Emmett's stock price today?
MarketBeat Community Rating for Douglas Emmett (NYSE DEI)MarketBeat's community ratings are surveys of what our community members think about Douglas Emmett and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Douglas Emmett stock can currently be purchased for approximately $39.83.
Consensus Ratings for Douglas Emmett (NYSE:DEI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Sell Ratings, 7 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 1.90)|
|Consensus Price Target: ||$39.71 (0.29% downside)|Consensus Price Target History for Douglas Emmett (NYSE:DEI)
Analysts' Ratings History for Douglas Emmett (NYSE:DEI)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/21/2017||Stifel Nicolaus||Reiterated Rating||Buy||$42.00||Low|
|9/8/2017||Janney Montgomery Scott||Initiated Coverage||Neutral -> Neutral||Low|
|7/18/2017||Barclays PLC||Lower Price Target||Underweight||$36.00 -> $35.00||Low|
|7/4/2017||BMO Capital Markets||Reiterated Rating||Hold||$39.00||Low|
|5/18/2017||DA Davidson||Downgrade||Buy -> Neutral||$45.00 -> $43.00||Low|
|4/3/2017||J P Morgan Chase & Co||Boost Price Target||Neutral||$38.00 -> $40.00||Low|
|3/3/2017||Evercore ISI||Downgrade||Hold -> Underperform||N/A|
|2/10/2017||Mizuho||Boost Price Target||Neutral||$37.00 -> $39.00||N/A|
|12/13/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|8/25/2016||BTIG Research||Initiated Coverage||Neutral||N/A|
|7/7/2016||Citigroup Inc.||Boost Price Target||Neutral||$30.50 -> $35.50||N/A|
|6/30/2016||Robert W. Baird||Initiated Coverage||Outperform||$39.00||N/A|
|5/5/2016||Credit Suisse Group||Reiterated Rating||Sell||$29.00||N/A|
|12/17/2015||Raymond James Financial, Inc.||Boost Price Target||Outperform||$31.00 -> $33.00||N/A|
Earnings History for Douglas Emmett (NYSE:DEI)Earnings History by Quarter for Douglas Emmett (NYSE DEI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.48||$0.47||$198.60 million||$199.60 million||View||Listen|
|5/2/2017||Q1 2017||$0.47||$0.47||$191.93 million||$170.35 million||View||Listen|
|2/7/2017||Q416||$0.45||$0.47||$192.10 million||$194.64 million||View||Listen|
|11/1/2016||Q316||$0.45||$0.47||$104.86 million||$192.12 million||View||N/A|
|8/2/2016||Q216||$0.45||$0.46||$177.61 million||$187.22 million||View||N/A|
|5/3/2016||Q116||$0.42||$0.43||$160.24 million||$168.60 million||View||N/A|
|2/9/2016||Q415||$0.41||$0.41||$161.34 million||$160.43 million||View||N/A|
|11/3/2015||Q315||$0.40||$0.40||$160.45 million||$160.10 million||View||N/A|
|8/4/2015||Q215||$0.40||$0.40||$156.78 million||$160.50 million||View||N/A|
|5/5/2015||Q115||$0.42||$0.43||$154.07 million||$154.80 million||View||N/A|
|2/10/2015||Q414||$0.39||$0.39||$153.94 million||$151.09 million||View||N/A|
|11/10/2014||Q314||$0.39||$0.36||$152.50 million||$148.15 million||View||N/A|
|7/31/2014||Q214||$0.39||$0.40||$151.57 million||$148.90 million||View||N/A|
|5/6/2014||Q114||$0.39||$0.40||$149.61 million||$148.90 million||View||N/A|
|2/11/2014||Q413||$0.37||$0.37||$151.09 million||$147.70 million||View||N/A|
|11/5/2013||Q313||$0.37||$0.37||$149.02 million||$149.69 million||View||N/A|
|8/6/2013||Q213||$0.37||$0.39||$146.70 million||$148.70 million||View||N/A|
|5/7/2013||Q113||$0.35||$0.37||$142.91 million||$145.50 million||View||N/A|
|2/12/2013||Q412||$0.34||$0.33||$145.99 million||$143.20 million||View||N/A|
|11/6/2012||Q312||$0.33||$0.33||$145.14 million||$145.99 million||View||N/A|
Earnings Estimates for Douglas Emmett (NYSE:DEI)
2017 EPS Consensus Estimate: $1.90
2018 EPS Consensus Estimate: $2.00
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Douglas Emmett (NYSE:DEI)
|Most Recent Dividend:||10/13/2017|
|Dividend Growth:||6.90% (3 Year Average)|
|Payout Ratio:||155.93% (Trailing 12 Months of Earnings) |
48.42% (Based on This Year's Estimates)
45.32% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Douglas Emmett (NYSE DEI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Douglas Emmett (NYSE:DEI)
Insider Ownership Percentage: 17.80%Insider Trades by Quarter for Douglas Emmett (NYSE:DEI)
Institutional Ownership Percentage: 96.04%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/22/2017||Dan A Emmett||Chairman||Sell||100,000||$38.99||$3,899,000.00|| |
|8/17/2017||Dan A Emmett||Chairman||Sell||100,000||$37.96||$3,796,000.00|| |
|7/24/2017||Dan A Emmett||Chairman||Sell||100,000||$37.97||$3,797,000.00|| |
|6/16/2017||Dan A Emmett||Chairman||Sell||100,000||$38.97||$3,897,000.00|| |
|5/19/2017||Dan A Emmett||Chairman||Sell||100,000||$37.93||$3,793,000.00|| |
|4/21/2017||Dan A Emmett||Chairman||Sell||100,000||$39.19||$3,919,000.00|| |
|3/17/2017||Dan A Emmett||Chairman||Sell||100,000||$38.34||$3,834,000.00|| |
|2/17/2017||Dan A Emmett||Chairman||Sell||29,595||$38.87||$1,150,357.65|| |
|2/16/2017||Dan A Emmett||Chairman||Sell||145,456||$39.15||$5,694,602.40|| |
|1/19/2017||Dan A Emmett||Chairman||Sell||100,000||$37.16||$3,716,000.00|| |
|12/16/2016||Dan A Emmett||Chairman||Sell||117,288||$36.90||$4,327,927.20|| |
|11/17/2016||Dan A Emmett||Chairman||Sell||140,000||$35.59||$4,982,600.00|| |
|10/24/2016||Dan A Emmett||Chairman||Sell||140,000||$36.48||$5,107,200.00|| |
|9/16/2016||Dan A Emmett||Chairman||Sell||140,000||$35.75||$5,005,000.00|| |
|8/22/2016||Dan A Emmett||Chairman||Sell||140,000||$36.99||$5,178,600.00|| |
|7/25/2016||Dan A Emmett||Chairman||Sell||140,000||$36.72||$5,140,800.00|| |
|6/17/2016||Dan A Emmett||Chairman||Sell||140,000||$33.85||$4,739,000.00|| |
|5/20/2016||Dan A Emmett||Chairman||Sell||140,000||$32.10||$4,494,000.00|| |
|4/22/2016||Dan A Emmett||Chairman||Sell||140,000||$31.52||$4,412,800.00|| |
|3/18/2016||Dan A Emmett||Chairman||Sell||140,000||$29.91||$4,187,400.00|| |
|2/19/2016||Dan A Emmett||Chairman||Sell||140,000||$25.45||$3,563,000.00|| |
|1/22/2016||Dan A Emmett||Chairman||Sell||140,000||$27.93||$3,910,200.00|| |
|12/18/2015||Dan A Emmett||Chairman||Sell||61,121||$30.08||$1,838,519.68|| |
|12/17/2015||Dan A Emmett||Chairman||Sell||78,879||$30.40||$2,397,921.60|| |
|11/20/2015||Dan A Emmett||Chairman||Sell||140,000||$30.70||$4,298,000.00|| |
|10/16/2015||Dan A Emmett||Chairman||Sell||140,000||$30.39||$4,254,600.00|| |
|9/18/2015||Dan A Emmett||Chairman||Sell||140,000||$29.75||$4,165,000.00|| |
|8/21/2015||Dan A Emmett||Chairman||Sell||140,028||$30.27||$4,238,647.56|| |
|7/20/2015||Dan A Emmett||Chairman||Sell||38,000||$28.93||$1,099,340.00|| |
|7/17/2015||Dan A Emmett||Chairman||Sell||102,000||$29.03||$2,961,060.00|| |
|6/19/2015||Dan A Emmett||Chairman||Sell||140,000||$29.12||$4,076,800.00|| |
|5/22/2015||Dan A Emmett||Chairman||Sell||140,000||$29.56||$4,138,400.00|| |
|4/17/2015||Dan A Emmett||Chairman||Sell||140,000||$29.16||$4,082,400.00|| |
|3/20/2015||Dan A Emmett||Chairman||Sell||140,000||$29.29||$4,100,600.00|| |
|1/16/2015||Dan A Emmett||Chairman||Sell||140,000||$29.22||$4,090,800.00|| |
|12/19/2014||Dan A Emmett||Chairman||Sell||140,000||$28.01||$3,921,400.00|| |
|11/21/2014||Dan A Emmett||Chairman||Sell||140,000||$26.87||$3,761,800.00|| |
|9/19/2014||Dan A Emmett||Chairman||Sell||140,000||$26.50||$3,710,000.00|| |
|8/27/2014||Dan A Emmett||Chairman||Sell||75,999||$28.31||$2,151,531.69|| |
|8/26/2014||Dan A Emmett||Chairman||Sell||34,100||$28.32||$965,712.00|| |
|8/25/2014||Dan A Emmett||Chairman||Sell||28,799||$28.27||$814,147.73|| |
|8/22/2014||Dan A Emmett||Chairman||Sell||64,000||$28.67||$1,834,880.00|| |
|7/21/2014||Dan A Emmett||Major Shareholder||Sell||140,000||$29.11||$4,075,400.00|| |
|6/23/2014||Dan A Emmett||Chairman||Sell||140,000||$28.52||$3,992,800.00|| |
|5/19/2014||Dan Emmett||Chairman||Sell||140,000||$27.81||$3,893,400.00|| |
|4/22/2014||Dan Emmett||Chairman||Sell||24,900||$27.20||$677,280.00|| |
|4/21/2014||Dan Emmett||Chairman||Sell||115,100||$27.27||$3,138,777.00|| |
|3/24/2014||Dan Emmett||Chairman||Sell||140,000||$26.94||$3,771,600.00|| |
|2/21/2014||Dan Emmett||Chairman||Sell||140,000||$26.29||$3,680,600.00|| |
|1/17/2014||Dan Emmett||Chairman||Sell||140,000||$24.60||$3,444,000.00|| |
|12/24/2013||Dan Emmett||Chairman||Sell||13,000||$23.87||$310,310.00|| |
|12/20/2013||Dan Emmett||Chairman||Sell||140,000||$23.19||$3,246,600.00|| |
|10/17/2013||Dan A Emmett||Chairman||Sell||140,000||$25.21||$3,529,400.00|| |
|9/20/2013||Dan Emmett||Chairman||Sell||140,000||$23.96||$3,354,400.00|| |
|8/16/2013||Dan Emmett||Chairman||Sell||140,000||$23.16||$3,242,400.00|| |
|7/22/2013||Dan A Emmett||Chairman||Sell||140,000||$26.42||$3,698,800.00|| |
|6/21/2013||Dan A Emmett||Chairman||Sell||140,000||$23.88||$3,343,200.00|| |
|5/17/2013||Dan A Emmett||Chairman||Sell||140,000||$27.37||$3,831,800.00|| |
|3/25/2013||Dan A Emmett||Major Shareholder||Sell||140,000||$25.10||$3,514,000.00|| |
|9/13/2012||William E Simon Jr||Director||Buy||3,100||$23.95||$74,245.00|| |
|8/21/2012||Christopher H Anderson||Director||Sell||100,000||$23.47||$2,347,000.00|| |
Headline Trends for Douglas Emmett (NYSE:DEI)
Latest Headlines for Douglas Emmett (NYSE:DEI)
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Douglas Emmett (DEI) Chart for Tuesday, October, 24, 2017