Douglas Emmett, Inc. (NYSE:DEI) Receives $13.71 Average Target Price from Brokerages

Douglas Emmett, Inc. (NYSE:DEI) has received a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $13.7143.

DEI has been the subject of several recent analyst reports. Wells Fargo & Company boosted their price objective on Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Scotiabank raised their target price 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. Citigroup lifted their target price on shares of Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Evercore set a $14.00 price target on shares of Douglas Emmett in a research note on Monday, June 8th. Finally, Cantor Fitzgerald increased their price target on shares of Douglas Emmett from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, August 7th.

Douglas Emmett Price Performance

NYSE:DEI opened at $11.90 on Tuesday. The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of -79.36, a P/E/G ratio of 5.36 and a beta of 1.15. Douglas Emmett has a 52-week low of $9.04 and a 52-week high of $16.99. The stock has a fifty day moving average of $11.97 and a 200 day moving average of $11.12. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.60 and a current ratio of 2.60.

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 the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative return on equity of 0.66% and a negative net margin of 2.27%.The business had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. During the same quarter in the previous year, the firm earned $0.37 earnings per share. Douglas Emmett’s quarterly revenue was up 2.0% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, research analysts expect that Douglas Emmett will post 1.41 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC increased its stake in Douglas Emmett by 220.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,166 shares during the last quarter. Advisory Services Network LLC bought a new stake in Douglas Emmett during the third quarter worth about $32,000. Transamerica Financial Advisors LLC bought a new stake in Douglas Emmett during the second quarter worth about $38,000. Nykredit A S purchased a new position in shares of Douglas Emmett in the 2nd quarter worth about $42,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Douglas Emmett by 33.4% in 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 purchasing an additional 1,226 shares in the last quarter. 97.37% of the stock is currently owned by hedge funds and other institutional investors.

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.