Douglas Emmett (NYSE:DEI – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.430-1.470 for the period, compared to the consensus estimate of 0.630. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several research firms have commented on DEI. Piper Sandler increased their target price on Douglas Emmett from $18.00 to $19.00 and gave the company an “overweight” rating in a research report on Thursday, September 18th. Wells Fargo & Company increased their target price on Douglas Emmett from $16.00 to $20.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. Jefferies Financial Group upgraded Douglas Emmett to a “hold” rating in a research report on Monday, October 13th. Weiss Ratings upgraded Douglas Emmett from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 24th. Finally, BMO Capital Markets set a $17.00 price objective on Douglas Emmett and gave the stock a “market perform” rating in a research report on Wednesday, July 16th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $18.25.
View Our Latest Stock Analysis on Douglas Emmett
Douglas Emmett Stock Down 0.4%
Douglas Emmett (NYSE:DEI – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The real estate investment trust reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. Douglas Emmett had a return on equity of 1.04% and a net margin of 3.77%. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. On average, sell-side analysts forecast that Douglas Emmett will post 1.45 EPS for the current fiscal year.
Douglas Emmett Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date was Tuesday, September 30th. Douglas Emmett’s dividend payout ratio (DPR) is 345.45%.
Institutional Trading of Douglas Emmett
Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its stake in shares of Douglas Emmett by 43.4% in the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock valued at $476,000 after buying an additional 9,007 shares during the period. Empowered Funds LLC raised its stake in shares of 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 period. Creative Planning raised its stake in shares of 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 period. BNP Paribas Financial Markets raised its stake in shares of Douglas Emmett by 48.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 19,197 shares of the real estate investment trust’s stock valued at $289,000 after purchasing an additional 6,292 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of Douglas Emmett by 12.5% during the 2nd quarter. Cerity Partners LLC now owns 16,267 shares of the real estate investment trust’s stock valued at $245,000 after purchasing an additional 1,812 shares during the period. 97.37% of the stock is currently owned by institutional investors.
Douglas Emmett Company Profile
Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
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