NYSE:DEIDouglas Emmett Stock Price, Forecast & News

Douglas Emmett's stock was trading at $34.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DEI shares have decreased by 9.2% and is now trading at $30.91. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Douglas Emmett in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Douglas Emmett.

Douglas Emmett is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Douglas Emmett.

Douglas Emmett, Inc. (NYSE:DEI) posted its quarterly earnings data on Thursday, May, 7th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.55 by $0.40. The real estate investment trust earned $251.40 million during the quarter, compared to the consensus estimate of $236.99 million. Douglas Emmett had a return on equity of 8.75% and a net margin of 37.55%. The company's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.52 EPS. View Douglas Emmett's earnings history.

Douglas Emmett announced a quarterly dividend on Wednesday, June 17th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.28 per share on Wednesday, July 15th. This represents a $1.12 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Monday, June 29th. View Douglas Emmett's dividend history.

10 brokers have issued 12-month price objectives for Douglas Emmett's stock. Their forecasts range from $31.00 to $50.00. On average, they expect Douglas Emmett's share price to reach $38.10 in the next twelve months. This suggests a possible upside of 23.3% from the stock's current price. View analysts' price targets for Douglas Emmett.

Press coverage about DEI stock has been trending negative on Friday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Douglas Emmett earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Douglas Emmett.

Douglas Emmett saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,010,000 shares, an increase of 21.5% from the May 31st total of 3,300,000 shares. Based on an average daily trading volume, of 1,580,000 shares, the short-interest ratio is currently 2.5 days. Currently, 2.4% of the shares of the stock are short sold. View Douglas Emmett's Current Options Chain.

Some companies that are related to Douglas Emmett include DIGITAL RLTY TR/SH (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), CoreSite Realty (COR), Equity Commonwealth (EQC), Hudson Pacific Properties (HPP), Highwoods Properties (HIW), SL Green Realty (SLG), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Douglas Emmett investors own include Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), Apollo Global Management (APO), Associated British Foods (ABF), Ciena (CIEN), AMC Entertainment (AMC), Chaarat Gold (CGH), China Unicom (Hong Kong) (CHU) and Johnson & Johnson (JNJ).

Douglas Emmett trades on the New York Stock Exchange (NYSE) under the ticker symbol "DEI."

Shares of DEI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DEI stock can currently be purchased for approximately $30.91.

Douglas Emmett has a market capitalization of $5.42 billion and generates $936.68 million in revenue each year. The real estate investment trust earns $363.71 million in net income (profit) each year or $2.10 on an earnings per share basis. Douglas Emmett employs 670 workers across the globe.

The official website for Douglas Emmett is www.douglasemmett.com.

Douglas Emmett's mailing address is 1299 Ocean Avenue Suite 1000, Santa Monica CA, 90401. The real estate investment trust can be reached via phone at 310-255-7700 or via email at [email protected]