NYSE:DEIDouglas Emmett Stock Price, Forecast & News

Douglas Emmett's stock was trading at $34.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DEI shares have decreased by 11.8% and is now trading at $30.04. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Douglas Emmett in the last year. There are currently 4 hold ratings and 3 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) announced its quarterly earnings results on Tuesday, February, 11th. The real estate investment trust reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $1.04. The real estate investment trust earned $243.89 million during the quarter, compared to analyst estimates of $239.60 million. Douglas Emmett had a return on equity of 8.98% and a net margin of 38.83%. 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 paid 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 3.73%. The ex-dividend date of this dividend is Monday, March 30th. View Douglas Emmett's dividend history.

Douglas Emmett updated 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 EPS estimate of $2.27.

7 analysts have issued 12-month target prices for Douglas Emmett's shares. Their forecasts range from $30.00 to $50.00. On average, they anticipate Douglas Emmett's stock price to reach $40.29 in the next twelve months. This suggests a possible upside of 34.1% from the stock's current price. View analysts' price targets for Douglas Emmett.

News coverage about DEI stock has been trending very negative this week, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 -3.3 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutDouglas Emmett.

Douglas Emmett saw a increase in short interest during the month of 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 trading volume of 1,200,000 shares, the short-interest ratio is currently 2.5 days. Currently, 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."

Douglas Emmett's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.04%), Pensionfund DSM Netherlands (0.01%) and Pensionfund Sabic (0.01%). 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 bought by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Pensionfund Sabic, and State of Alaska Department of Revenue. 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 $30.04.

Douglas Emmett has a market capitalization of $5.27 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]