Douglas Emmett, Inc. (NYSE:DEI) Given Average Rating of “Hold” by Analysts

Douglas Emmett, Inc. (NYSE:DEI) has been assigned a consensus rating of “Hold” from the nine brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $15.00.

A number of research analysts have weighed in on the stock. Jefferies Financial Group reiterated a “hold” rating on shares of Douglas Emmett in a research note on Tuesday, November 11th. JPMorgan Chase & Co. dropped their price objective on Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 25th. Piper Sandler downgraded Douglas Emmett from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $19.00 to $14.00 in a research report on Thursday, November 6th. Wells Fargo & Company lowered their target price on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 25th. Finally, UBS Group cut Douglas Emmett to a “sector perform” rating in a research report on Wednesday.

Douglas Emmett Stock Up 1.4%

DEI stock opened at $11.12 on Monday. The stock has a market cap of $1.86 billion, a P/E ratio of 92.71 and a beta of 1.14. The company has a current ratio of 3.03, a quick ratio of 3.03 and a debt-to-equity ratio of 1.58. The stock’s fifty day simple moving average is $11.54 and its two-hundred day simple moving average is $13.83. Douglas Emmett has a 1-year low of $10.78 and a 1-year high of $18.60.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, November 4th. The real estate investment trust reported $0.34 EPS for the quarter, hitting analysts’ consensus estimates of $0.34. The company had revenue of $250.58 million for the quarter, compared to analysts’ expectations of $252.73 million. Douglas Emmett had a return on equity of 0.62% and a net margin of 2.22%.The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 EPS. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. Analysts expect that Douglas Emmett will post 1.45 EPS for the current year.

Douglas Emmett Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a $0.19 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.76 annualized dividend and a dividend yield of 6.8%. Douglas Emmett’s dividend payout ratio (DPR) is presently 633.33%.

Institutional Trading of Douglas Emmett

A number of institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its stake in Douglas Emmett by 220.8% in 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 in the last quarter. Westside Investment Management Inc. boosted its holdings in shares of Douglas Emmett by 100.0% in the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 920 shares during the period. Advisory Services Network LLC purchased a new position in shares of Douglas Emmett in the third quarter valued at $32,000. Hantz Financial Services Inc. raised its stake in shares of 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 valued at $41,000 after purchasing an additional 2,143 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in Douglas Emmett by 24.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 5,320 shares of the real estate investment trust’s stock worth $83,000 after purchasing an additional 1,056 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.