Douglas Emmett, Inc. (NYSE:DEI) Receives $13.31 Consensus Price Target from Analysts

Douglas Emmett, Inc. (NYSE:DEI) has been assigned an average rating of “Hold” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $13.3750.

A number of analysts have recently commented on the stock. Cantor Fitzgerald boosted their target price on shares of Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Evercore set a $12.00 price objective on shares of Douglas Emmett in a report on Wednesday, February 11th. Citigroup boosted their target price on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Piper Sandler cut their target price on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Finally, Weiss Ratings lowered Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, May 4th.

Douglas Emmett Trading Down 0.6%

Shares of Douglas Emmett stock opened at $11.47 on Friday. The firm has a 50-day simple moving average of $10.38 and a two-hundred day simple moving average of $10.85. The company has a market cap of $1.92 billion, a P/E ratio of -67.45, a price-to-earnings-growth ratio of 6.02 and a beta of 1.14. Douglas Emmett has a fifty-two week low of $9.04 and a fifty-two week high of $16.99. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.63 and a current ratio of 2.63.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $250.96 million during the quarter, compared to the consensus estimate of $251.11 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The company’s revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.40 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend was Tuesday, March 31st. Douglas Emmett’s dividend payout ratio is -447.06%.

Hedge Funds Weigh In On Douglas Emmett

Large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its stake in 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. lifted its holdings in Douglas Emmett by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 920 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Douglas Emmett during the 3rd quarter worth approximately $32,000. Hantz Financial Services Inc. lifted its holdings in Douglas Emmett by 448.3% during 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 in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings 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 worth $54,000 after buying 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.