Douglas Emmett, Inc. (DEI) To Go Ex-Dividend on June 30th

Douglas Emmett, Inc. (NYSE:DEI) announced a quarterly dividend on Thursday, May 28th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.19 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Tuesday, June 30th.

Douglas Emmett has decreased its dividend by an average of 0.1%per year over the last three years. Douglas Emmett has a payout ratio of -400.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Douglas Emmett to earn $1.44 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 52.8%.

Douglas Emmett Stock Performance

DEI stock opened at $11.66 on Friday. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of -68.56, a P/E/G ratio of 6.02 and a beta of 1.14. Douglas Emmett has a 12 month low of $9.04 and a 12 month high of $16.99. The firm has a 50 day moving average of $10.59 and a two-hundred day moving average of $10.83.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share 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 business had revenue of $250.96 million during the quarter, compared to analysts’ expectations of $251.11 million. During the same period in the previous year, the company earned $0.40 earnings per share. Douglas Emmett’s revenue for the quarter was down .4% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities analysts anticipate that Douglas Emmett will post 1.41 EPS for the current fiscal year.

Hedge Funds Weigh In On Douglas Emmett

Several large investors have recently bought and sold shares of DEI. Royal Bank of Canada raised its stake in Douglas Emmett by 43.4% during the 1st quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock valued at $476,000 after purchasing an additional 9,007 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Douglas Emmett by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock valued at $1,538,000 after purchasing an additional 4,186 shares during the last quarter. Empowered Funds LLC raised its stake in Douglas Emmett by 8.4% during the 1st quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock valued at $385,000 after purchasing an additional 1,864 shares during the last quarter. Intech Investment Management LLC raised its stake in Douglas Emmett by 33.4% during the 1st quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock valued at $1,344,000 after purchasing an additional 21,035 shares during the last quarter. Finally, Creative Planning raised its stake in Douglas Emmett by 6.7% during the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock valued at $316,000 after purchasing an additional 1,317 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

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.