Douglas Emmett (NYSE:DEI) Price Target Raised to $12.00

Douglas Emmett (NYSE:DEI) had its target price raised by Cantor Fitzgerald from $11.00 to $12.00 in a research report released on Monday,Benzinga reports. They currently have a neutral rating on the real estate investment trust’s stock.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings lowered shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 4th. Scotiabank cut their target price on shares of Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating on the stock in a research note on Monday, March 2nd. Evercore set a $12.00 target price on shares of Douglas Emmett in a research note on Wednesday, February 11th. Piper Sandler dropped their price objective on shares of Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Finally, UBS Group lowered shares of Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $13.31.

Douglas Emmett Stock Performance

Shares of DEI stock opened at $11.75 on Monday. Douglas Emmett has a 12 month low of $9.04 and a 12 month high of $16.99. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.63 and a quick ratio of 3.33. The firm has a market capitalization of $1.97 billion, a P/E ratio of -69.09, a P/E/G ratio of 6.24 and a beta of 1.14. The company’s fifty day moving average price is $10.21 and its two-hundred day moving average price is $10.92.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The firm had revenue of $250.96 million for the quarter, compared to analyst estimates of $251.11 million. During the same quarter in the previous year, the business posted $0.40 EPS. The firm’s revenue was down .4% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. On average, research analysts anticipate that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a $0.19 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.76 annualized dividend and a dividend yield of 6.5%. Douglas Emmett’s dividend payout ratio (DPR) is presently -447.06%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. First Trust Advisors LP boosted its holdings in shares of Douglas Emmett by 161.3% in the first quarter. First Trust Advisors LP now owns 333,361 shares of the real estate investment trust’s stock valued at $3,140,000 after acquiring an additional 205,778 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Douglas Emmett by 34.4% in the first quarter. PNC Financial Services Group Inc. now owns 11,666 shares of the real estate investment trust’s stock valued at $110,000 after acquiring an additional 2,988 shares in the last quarter. Simon Quick Advisors LLC boosted its holdings in shares of Douglas Emmett by 6.8% in the first quarter. Simon Quick Advisors LLC now owns 51,697 shares of the real estate investment trust’s stock valued at $487,000 after acquiring an additional 3,276 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Douglas Emmett by 38.1% in the first quarter. Bessemer Group Inc. now owns 589,506 shares of the real estate investment trust’s stock valued at $5,553,000 after acquiring an additional 162,537 shares in the last quarter. Finally, Calamos Wealth Management LLC bought a new position in shares of Douglas Emmett in the first quarter valued at approximately $289,000. 97.37% of the stock is currently owned by institutional investors.

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.