Douglas Emmett, Inc. (NYSE:DEI) Receives Consensus Rating of “Hold” from Brokerages

Shares of Douglas Emmett, Inc. (NYSE:DEI) have earned an average rating of “Hold” from the nine research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $13.57.

DEI has been the topic of a number of analyst reports. Cantor Fitzgerald increased their price objective on Douglas Emmett from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Scotiabank reduced their target price on Douglas Emmett from $13.00 to $12.00 and set a “sector perform” rating for the company in a report on Thursday, September 17th. Weiss Ratings upgraded Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. Evercore set a $14.00 target price on Douglas Emmett in a research report on Monday, June 8th. Finally, Wells Fargo & Company increased their price target on Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a report on Monday, June 1st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DEI. Transamerica Financial Advisors LLC acquired a new position in Douglas Emmett during the 2nd quarter worth $38,000. Nykredit A S acquired a new stake in shares of Douglas Emmett in the second quarter valued at about $42,000. Hantz Financial Services Inc. grew its position in shares of Douglas Emmett by 98.7% in the fourth quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 2,588 shares during the last quarter. Frazier Financial Advisors LLC increased its stake in shares of Douglas Emmett by 47.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,745 shares during the period. 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 currently owned by institutional investors and hedge funds.

Douglas Emmett Price Performance

NYSE DEI opened at $9.82 on Friday. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63. The stock has a market capitalization of $1.64 billion, a PE ratio of -65.47, a price-to-earnings-growth ratio of 3.79 and a beta of 1.15. The company has a 50 day moving average price of $11.41 and a two-hundred day moving average price of $11.20. Douglas Emmett has a 12-month low of $9.04 and a 12-month high of $15.83.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). The business had revenue of $256.55 million for the quarter, compared to analyst estimates of $253.35 million. Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. As a group, equities analysts predict that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Wednesday, September 30th. Douglas Emmett’s dividend payout ratio is currently -506.67%.

About Douglas Emmett

Douglas Emmett, Inc (NYSE:DEI) is a self-administered and self-managed real estate investment trust that owns, develops, acquires and operates office and multifamily properties. The company focuses primarily on high-quality, strategically located properties in supply-constrained markets.

Its office portfolio is concentrated in Los Angeles, including the Westside and neighboring submarkets, while its multifamily properties are located in Los Angeles and Honolulu. The company’s properties serve a range of businesses and residential tenants, with an emphasis on well-located Class A office buildings and apartment communities.

Douglas Emmett was founded in 1971 and became a publicly traded company in 2006.