Douglas Emmett, Inc. (NYSE:DEI) Stock Has Average Price Target of $13.14

Shares of Douglas Emmett, Inc. (NYSE:DEI) have been given an average rating of “Hold” by the nine brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $13.14.

DEI has been the topic of a number of research analyst reports. Wall Street Zen upgraded Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Piper Sandler dropped their price target on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, October 12th. Weiss Ratings downgraded Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. lifted their price objective on Douglas Emmett from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, September 9th. Finally, Scotiabank reduced their price objective on Douglas Emmett from $13.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Thursday, September 17th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in DEI. Transamerica Financial Advisors LLC acquired a new position in Douglas Emmett during the 2nd quarter worth about $38,000. Farther Finance Advisors LLC increased its position in Douglas Emmett by 164.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,256 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 2,649 shares in the last quarter. Nykredit A S acquired a new stake in Douglas Emmett in the 2nd quarter valued at about $42,000. Frazier Financial Advisors LLC bought a new position in shares of Douglas Emmett in the second quarter worth about $64,000. Finally, Allworth Financial LP bought a new position in shares of Douglas Emmett in the second quarter worth about $68,000. 97.37% of the stock is owned by institutional investors.

Douglas Emmett Trading Up 1.8%

Shares of DEI stock opened at $9.78 on Wednesday. The firm has a fifty day moving average of $10.72 and a 200-day moving average of $11.21. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 6.71 and a beta of 1.18. Douglas Emmett has a 52-week low of $9.04 and a 52-week high of $13.67. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.60 and a current ratio of 2.60.

Douglas Emmett (NYSE:DEI) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.38). The business had revenue of $256.55 million during the quarter, compared to the consensus estimate of $253.35 million. Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, equities research analysts forecast that Douglas Emmett will post 1.40 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $0.19 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.8%. Douglas Emmett’s dividend payout ratio (DPR) is -506.67%.

About Douglas Emmett

Douglas Emmett, Inc is a real estate investment trust (REIT) that owns, operates and develops office and multifamily properties. The company focuses on high-quality assets in supply-constrained markets and generates revenue primarily through leasing commercial office space and residential apartment homes.

Its portfolio is concentrated in Los Angeles County, including submarkets such as West Los Angeles, Brentwood, Century City, Santa Monica and Beverly Hills, as well as in Honolulu, Hawaii.