Douglas Emmett (NYSE:DEI) Issues FY 2025 Earnings Guidance

Douglas Emmett (NYSE:DEI) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.430-1.470 for the period, compared to the consensus estimate of 0.630. The company issued revenue guidance of -.

Douglas Emmett Stock Performance

Shares of NYSE DEI traded down $0.27 during midday trading on Thursday, hitting $11.97. 2,541,430 shares of the company’s stock traded hands, compared to its average volume of 1,892,021. The firm has a fifty day moving average of $14.94 and a 200 day moving average of $14.90. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 54.43 and a beta of 1.28. The company has a debt-to-equity ratio of 1.55, a quick ratio of 3.49 and a current ratio of 3.49. Douglas Emmett has a 1 year low of $11.86 and a 1 year high of $20.50.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings results on Tuesday, November 4th. The real estate investment trust reported $0.34 earnings per share for the quarter, hitting the consensus estimate of $0.34. Douglas Emmett had a return on equity of 1.04% and a net margin of 3.77%.The business had revenue of $250.58 million during the quarter, compared to the consensus estimate of $252.73 million. During the same period in the prior year, the company posted $0.43 EPS. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. On average, analysts forecast that Douglas Emmett will post 1.45 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.19 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.4%. Douglas Emmett’s payout ratio is presently 633.33%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DEI. Wall Street Zen cut Douglas Emmett from a “hold” rating to a “sell” rating in a research report on Saturday, August 30th. Wells Fargo & Company upped their target price on Douglas Emmett from $16.00 to $20.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. Weiss Ratings upgraded Douglas Emmett from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 24th. Piper Sandler lowered Douglas Emmett from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $19.00 to $14.00 in a research note on Thursday. Finally, BMO Capital Markets set a $17.00 price target on Douglas Emmett and gave the company a “market perform” rating in a research report on Wednesday, July 16th. Three research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $17.25.

Institutional Investors Weigh In On Douglas Emmett

A number of institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its stake in Douglas Emmett by 220.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 1,166 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Douglas Emmett by 48.6% during the 2nd quarter. Osaic Holdings Inc. now owns 9,896 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 3,237 shares during the last quarter. Corient Private Wealth LLC acquired a new position in shares of Douglas Emmett during the 2nd quarter worth about $157,000. Quantbot Technologies LP acquired a new position in shares of Douglas Emmett during the 2nd quarter worth about $171,000. Finally, Caxton Associates LLP acquired a new position in shares of Douglas Emmett during the 2nd quarter worth about $172,000. 97.37% of the stock is owned by institutional investors and hedge funds.

Douglas Emmett Company Profile

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett 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.