Douglas Emmett (NYSE:DEI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Douglas Emmett (NYSE:DEI) from a sell rating to a hold rating in a research note issued to investors on Saturday.

Several other brokerages also recently weighed in on DEI. Weiss Ratings raised Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. Scotiabank lifted their price target on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 21st. Evercore set a $14.00 price target on shares of Douglas Emmett in a report on Monday, June 8th. Wells Fargo & Company upped their price objective on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Cantor Fitzgerald boosted their target price on shares of Douglas Emmett from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Douglas Emmett presently has a consensus rating of “Hold” and a consensus target price of $13.71.

Douglas Emmett Price Performance

NYSE:DEI opened at $11.59 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.60 and a quick ratio of 2.60. The company has a 50 day moving average price of $12.02 and a 200-day moving average price of $11.05. Douglas Emmett has a 1-year low of $9.04 and a 1-year high of $16.99. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of -77.26, a price-to-earnings-growth ratio of 5.23 and a beta of 1.15.

Douglas Emmett (NYSE:DEI) last posted its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 2.27% and a negative return on equity of 0.66%. Douglas Emmett’s revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. Equities research analysts forecast that Douglas Emmett will post 1.41 EPS for the current year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Douglas Emmett’s payout ratio is -506.67%.

Institutional Investors Weigh In On Douglas Emmett

A number of hedge funds have recently modified their holdings of the business. Royal Bank of Canada boosted its position in Douglas Emmett by 43.4% during the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock worth $476,000 after acquiring an additional 9,007 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Douglas Emmett by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock valued at $1,538,000 after acquiring an additional 4,186 shares during the last quarter. Empowered Funds LLC raised its holdings in Douglas Emmett by 8.4% in the 1st quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock valued at $385,000 after acquiring an additional 1,864 shares during the last quarter. Intech Investment Management LLC lifted its stake in Douglas Emmett by 33.4% in the 1st quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock worth $1,344,000 after purchasing an additional 21,035 shares in the last quarter. Finally, Creative Planning lifted its stake in Douglas Emmett by 6.7% in the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock worth $316,000 after purchasing an additional 1,317 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.