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

Shares of Douglas Emmett, Inc. (NYSE:DEI) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $9.23 and last traded at $9.2450, with a volume of 135799 shares. The stock had previously closed at $9.45.

Analyst Ratings Changes

DEI has been the topic of several analyst reports. UBS Group downgraded Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. Scotiabank dropped their target price on shares of Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a report on Monday, March 2nd. Weiss Ratings downgraded Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. Piper Sandler reduced their target price 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. Finally, Citigroup reduced their target price on shares of Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $12.94.

Douglas Emmett Stock Performance

The company has a market cap of $1.55 billion, a price-to-earnings ratio of 102.40, a P/E/G ratio of 4.21 and a beta of 1.12. 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 stock’s 50 day moving average price is $10.19 and its 200 day moving average price is $12.03.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35. The firm had revenue of $249.43 million during the quarter, compared to analyst estimates of $252.91 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. Douglas Emmett’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, analysts expect that Douglas Emmett, Inc. will post 1.45 EPS for the current fiscal year.

Douglas Emmett Announces Dividend

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

Institutional Investors Weigh In On Douglas Emmett

Several institutional investors and hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its holdings 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 valued at $25,000 after buying an additional 1,166 shares during the period. Westside Investment Management Inc. raised its stake in Douglas Emmett by 100.0% during 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 buying an additional 920 shares in the last quarter. Advisory Services Network LLC bought a new position in Douglas Emmett during the third quarter worth $32,000. Hantz Financial Services Inc. lifted its position in shares of Douglas Emmett by 448.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 2,143 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in Douglas Emmett by 33.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 1,226 shares during the period. Hedge funds and other institutional investors own 97.37% of the company’s stock.

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.