Douglas Emmett (NYSE:DEI) Releases Quarterly Earnings Results, Misses Expectations By $0.38 EPS

Douglas Emmett (NYSE:DEI) announced its quarterly earnings results on Tuesday. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.38), FiscalAI reports. The company had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. Douglas Emmett’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS. Douglas Emmett updated its FY 2026 guidance to 1.390-1.430 EPS.

Douglas Emmett Price Performance

Shares of DEI stock traded down $0.68 on Wednesday, hitting $11.29. 831,269 shares of the stock traded hands, compared to its average volume of 2,523,542. Douglas Emmett has a 52 week low of $9.04 and a 52 week high of $16.99. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.63 and a quick ratio of 2.63. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of -66.62, a PEG ratio of 6.19 and a beta of 1.15. The firm has a 50 day simple moving average of $12.05 and a two-hundred day simple moving average of $10.99.

Douglas Emmett Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is currently -447.06%.

Institutional Investors Weigh In On Douglas Emmett

Several institutional investors have recently modified their holdings of DEI. EverSource Wealth Advisors LLC boosted its holdings 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 valued at $25,000 after acquiring an additional 1,166 shares during the period. Advisory Services Network LLC acquired a new stake in Douglas Emmett in the 3rd quarter worth approximately $32,000. Cibc World Markets Corp purchased a new position in shares of Douglas Emmett in the fourth quarter worth about $118,000. Royal Bank of Canada boosted its holdings in shares of Douglas Emmett by 93.2% in the 4th quarter. Royal Bank of Canada now owns 12,827 shares of the real estate investment trust’s stock valued at $142,000 after acquiring an additional 6,187 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec grew its position in Douglas Emmett by 27.4% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 12,945 shares of the real estate investment trust’s stock worth $142,000 after purchasing an additional 2,783 shares during the period. 97.37% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on DEI. Cantor Fitzgerald raised their target price on Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Wells Fargo & Company raised their price objective on Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Piper Sandler boosted their target price on shares of Douglas Emmett from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Wall Street Zen cut shares of Douglas Emmett from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Finally, Weiss Ratings upgraded shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.57.

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.