Brokerages Set Douglas Emmett, Inc. (NYSE:DEI) Price Target at $13.28

Douglas Emmett, Inc. (NYSE:DEI) has been given a consensus rating of “Hold” by the ten brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $13.2778.

A number of analysts have commented on DEI shares. Jefferies Financial Group reiterated a “hold” rating on shares of Douglas Emmett in a research report on Tuesday, November 11th. Scotiabank cut their target price on Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. Citigroup reduced their target price on Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Cantor Fitzgerald reiterated a “neutral” rating and set a $11.00 price target on shares of Douglas Emmett in a research note on Monday, January 5th. Finally, UBS Group lowered shares of Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its holdings in Douglas Emmett by 220.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,166 shares in the last quarter. Westside Investment Management Inc. raised its holdings in shares of Douglas Emmett by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 920 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Douglas Emmett during the 3rd quarter worth approximately $32,000. Hantz Financial Services Inc. boosted its stake in Douglas Emmett by 448.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 2,143 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Douglas Emmett by 33.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 1,226 shares in the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.

Douglas Emmett Stock Up 0.1%

Shares of DEI opened at $10.10 on Tuesday. The company has a 50-day simple moving average of $10.58 and a 200-day simple moving average of $12.56. The firm has a market capitalization of $1.69 billion, a P/E ratio of 112.25, a P/E/G ratio of 4.53 and a beta of 1.12. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.33 and a current ratio of 3.33. Douglas Emmett has a 52 week low of $9.29 and a 52 week high of $17.36.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.35. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.The business had revenue of $249.43 million for the quarter, compared to the consensus estimate of $252.91 million. During the same period last year, the business earned $0.38 earnings per share. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, equities research analysts expect that Douglas Emmett will post 1.45 earnings per share for the current year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 7.5%. Douglas Emmett’s payout ratio is presently 844.44%.

About Douglas Emmett

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high‐quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long‐term cash flows.

The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.