Douglas Emmett (NYSE:DEI) Sets New 12-Month Low – Should You Sell?

Shares of Douglas Emmett, Inc. (NYSE:DEI) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $9.29 and last traded at $9.3450, with a volume of 1504743 shares traded. The stock had previously closed at $9.67.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on DEI. Scotiabank decreased their target price on shares of 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. Evercore set a $12.00 price target on Douglas Emmett in a research note on Wednesday, February 11th. UBS Group lowered Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th. Piper Sandler reduced their price objective on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. Finally, Wells Fargo & Company lowered their target price on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $12.94.

Douglas Emmett Trading Down 4.0%

The firm has a market capitalization of $1.55 billion, a PE ratio of 103.18, a PEG ratio of 4.17 and a beta of 1.12. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 1.60. The stock’s fifty day simple moving average is $10.32 and its 200 day simple moving average is $12.20.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. 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 firm earned $0.38 earnings per share. The company’s quarterly revenue was up 1.8% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, sell-side analysts predict that Douglas Emmett, Inc. will post 1.45 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Douglas Emmett’s dividend payout ratio (DPR) is currently 844.44%.

Institutional Trading of Douglas Emmett

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its position in Douglas Emmett by 220.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 1,166 shares in the last quarter. Westside Investment Management Inc. lifted its position in shares of Douglas Emmett by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 920 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Douglas Emmett during the 3rd quarter valued at about $32,000. Hantz Financial Services Inc. grew its stake in shares of Douglas Emmett by 448.3% during 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 acquiring an additional 2,143 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings 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 worth $54,000 after acquiring an additional 1,226 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.

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.