Douglas Emmett (NYSE:DEI) Reaches New 52-Week Low – Here’s What Happened

Douglas Emmett, Inc. (NYSE:DEI) hit a new 52-week low on Thursday . The company traded as low as $9.98 and last traded at $9.9350, with a volume of 471696 shares trading hands. The stock had previously closed at $10.27.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DEI shares. Evercore ISI set a $12.00 target price on Douglas Emmett in a report on Wednesday. Scotiabank reduced their price target on shares of Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating on the stock in a research report on Monday, November 17th. Jefferies Financial Group restated a “hold” rating on shares of Douglas Emmett in a report on Tuesday, November 11th. Weiss Ratings downgraded shares of Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company reduced their target price on shares of Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Douglas Emmett presently has a consensus rating of “Hold” and an average target price of $14.63.

Douglas Emmett Stock Performance

The stock has a 50-day moving average price of $10.98 and a 200 day moving average price of $13.12. The company has a quick ratio of 3.03, a current ratio of 3.33 and a debt-to-equity ratio of 1.60. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 112.51 and a beta of 1.14.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.35. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The company had revenue of $249.43 million during the quarter, compared to the consensus estimate of $252.91 million. During the same quarter in the previous year, the firm earned $0.38 earnings per share. The firm’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, analysts forecast that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.19 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.5%. Douglas Emmett’s payout ratio is presently 844.44%.

Institutional Trading of Douglas Emmett

Hedge funds and other institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its position in shares of Douglas Emmett by 220.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,166 shares in the last quarter. Westside Investment Management Inc. boosted its holdings in Douglas Emmett by 100.0% in the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 920 shares in the last quarter. Advisory Services Network LLC acquired a new position in Douglas Emmett in the third quarter valued at approximately $32,000. Hantz Financial Services Inc. increased its stake in Douglas Emmett by 448.3% in the third quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 2,143 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Douglas Emmett by 33.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 1,226 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Douglas Emmett Company Profile

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.