NYSE:DEI - Douglas Emmett Stock Price, Forecast & News

Douglas Emmett's stock was trading at $34.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DEI shares have decreased by 18.4% and is now trading at $27.80. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Douglas Emmett in the last year. There are currently 3 hold ratings and 2 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 Thursday, May 7th 2020. View our earnings forecast for Douglas Emmett.

Douglas Emmett, Inc. (NYSE:DEI) issued its quarterly earnings results on Tuesday, February, 11th. The real estate investment trust reported $1.58 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.54 by $1.04. The real estate investment trust had revenue of $243.89 million for the quarter, compared to analysts' expectations of $239.60 million. Douglas Emmett had a net margin of 38.83% and a return on equity of 8.98%. View Douglas Emmett's earnings history.

Douglas Emmett declared a quarterly dividend on Monday, March 9th. Investors of record on Tuesday, March 31st will be given a dividend of $0.28 per share on Wednesday, April 15th. This represents a $1.12 annualized dividend and a yield of 4.03%. The ex-dividend date of this dividend is Monday, March 30th. View Douglas Emmett's dividend history.

Douglas Emmett issued an update on its FY20 earnings guidance on Tuesday, February, 11th. The company provided EPS guidance of $2.23-2.29 for the period, compared to the Thomson Reuters consensus estimate of $2.27.

5 brokerages have issued twelve-month price targets for Douglas Emmett's stock. Their forecasts range from $35.00 to $50.00. On average, they expect Douglas Emmett's share price to reach $43.00 in the next twelve months. This suggests a possible upside of 54.7% from the stock's current price. View analysts' price targets for Douglas Emmett.

Media stories about DEI stock have trended very negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Douglas Emmett earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutDouglas Emmett.

Douglas Emmett saw a increase in short interest in March. As of March 13th, there was short interest totaling 3,022,100 shares, an increase of 23.4% from the February 27th total of 2,450,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 1.8% of the company's stock are sold short. 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Douglas Emmett investors own include Bank of America (BAC), Intelsat (I), Apollo Global Management (APO), Fossil Group (FOSL), Ciena (CIEN), Johnson & Johnson (JNJ), Procter & Gamble (PG), Associated British Foods (ABF), Xilinx (XLNX) and Prologis (PLD).

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 $27.80.

Douglas Emmett has a market capitalization of $4.88 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. View additional information about Douglas Emmett.

The official website for Douglas Emmett is http://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]