NYSE:DEIDouglas 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. Since then, DEI stock has decreased by 11.3% and is now trading at $30.20. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Douglas Emmett in the last year. There are currently 5 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) issued its quarterly earnings results 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%. Douglas Emmett's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.52 earnings per share. View Douglas Emmett's earnings history.

Douglas Emmett announced a quarterly dividend on Monday, March 9th. Stockholders 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 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Monday, March 30th. View Douglas Emmett's dividend history.

9 Wall Street analysts have issued twelve-month target prices for Douglas Emmett's stock. Their forecasts range from $31.00 to $50.00. On average, they expect Douglas Emmett's stock price to reach $37.89 in the next year. This suggests a possible upside of 25.5% from the stock's current price. View analysts' price targets for Douglas Emmett.

News coverage about DEI stock has trended very negative on Friday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Douglas Emmett earned a media sentiment score of -3.4 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutDouglas Emmett.

Douglas Emmett saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,510,000 shares, an increase of 14.1% from the April 30th total of 2,200,000 shares. Based on an average daily trading volume, of 1,420,000 shares, the short-interest ratio is presently 1.8 days. Currently, 1.5% of the shares of the 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), Highwoods Properties (HIW), Hudson Pacific Properties (HPP), 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."

Douglas Emmett's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.12%), State Street Corp (4.66%), Zimmer Partners LP (3.59%), Wellington Management Group LLP (3.57%), JPMorgan Chase & Co. (1.99%) and Geode Capital Management LLC (1.81%). Company insiders that own Douglas Emmett stock include Dan A Emmett and William E Simon Jr. View institutional ownership trends for Douglas Emmett.

DEI stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Cohen & Steers Inc., Russell Investments Group Ltd., Wellington Management Group LLP, Nuveen Asset Management LLC, BlackRock Inc., Aew Capital Management L P, and Thrivent Financial for Lutherans. View insider buying and selling activity for Douglas Emmett.

DEI stock was purchased by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Diamond Hill Capital Management Inc., Geode Capital Management LLC, JPMorgan Chase & Co., William Blair Investment Management LLC, Aviva PLC, State Street Corp, and Legal & General Group Plc. View insider buying and selling activity for Douglas Emmett.

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 $30.20.

Douglas Emmett has a market capitalization of $5.30 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]