Douglas Emmett (NYSE:DEI) Hits New 52-Week Low – Time to Sell?

Douglas Emmett, Inc. (NYSE:DEI)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $9.29 and last traded at $9.3450, with a volume of 1504743 shares traded. The stock had previously closed at $9.67.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on DEI. Scotiabank decreased their price target on Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a report on Monday, March 2nd. Piper Sandler dropped their price objective on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Evercore set a $12.00 target price on shares of Douglas Emmett in a research note on Wednesday, February 11th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $11.00 target price on shares of Douglas Emmett in a report on Monday, January 5th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Douglas Emmett has an average rating of “Hold” and an average price target of $12.94.

Douglas Emmett Stock Down 4.0%

The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 1.60. The firm has a market cap of $1.55 billion, a P/E ratio of 103.18, a price-to-earnings-growth ratio of 4.37 and a beta of 1.12. The stock’s fifty day moving average is $10.36 and its two-hundred day moving average is $12.27.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 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 business had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. During the same quarter in the previous year, the company earned $0.38 EPS. The business’s quarterly revenue was up 1.8% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. As a group, research analysts anticipate that Douglas Emmett, Inc. will post 1.45 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.19 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.76 annualized dividend and a dividend yield of 8.2%. Douglas Emmett’s payout ratio is currently 844.44%.

Hedge Funds Weigh In On Douglas Emmett

Several large investors have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA raised its holdings in Douglas Emmett by 18.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock worth $88,507,000 after acquiring an additional 899,233 shares during the last quarter. Geode Capital Management LLC boosted its position in Douglas Emmett by 1.1% in the second quarter. Geode Capital Management LLC now owns 4,362,611 shares of the real estate investment trust’s stock worth $65,620,000 after purchasing an additional 46,651 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Douglas Emmett by 8.6% in the third quarter. JPMorgan Chase & Co. now owns 1,718,393 shares of the real estate investment trust’s stock worth $26,755,000 after buying an additional 135,622 shares during the last quarter. Capital Fund Management S.A. bought a new stake in shares of Douglas Emmett during the 2nd quarter valued at $1,987,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Douglas Emmett by 93.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock valued at $34,772,000 after purchasing an additional 1,117,668 shares during the period. 97.37% of the stock is currently owned by hedge funds and other institutional investors.

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.