Douglas Emmett (NYSE:DEI) Reaches New 12-Month Low – Time to Sell?

Douglas Emmett, Inc. (NYSE:DEI)’s stock price reached a new 52-week low on Monday . The stock traded as low as $10.63 and last traded at $10.6050, with a volume of 251225 shares trading hands. The stock had previously closed at $10.80.

Analysts Set New Price Targets

Several analysts have commented on DEI shares. UBS Group downgraded shares of Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Douglas Emmett in a research report on Tuesday, November 11th. Wells Fargo & Company lowered their target price on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Weiss Ratings lowered Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. decreased their price objective on Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, November 25th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $15.00.

Douglas Emmett Price Performance

The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 87.88 and a beta of 1.14. The company has a debt-to-equity ratio of 1.58, a quick ratio of 3.03 and a current ratio of 3.03. The company has a 50-day simple moving average of $11.43 and a two-hundred day simple moving average of $13.64.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, November 4th. The real estate investment trust reported $0.34 earnings per share for the quarter, meeting the consensus estimate of $0.34. The business had revenue of $250.58 million during the quarter, compared to analysts’ expectations of $252.73 million. Douglas Emmett had a net margin of 2.22% and a return on equity of 0.62%. The firm’s revenue was up .0% on a year-over-year basis. During the same period last year, the business earned $0.43 earnings per share. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. As a group, equities research analysts forecast that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend was Wednesday, December 31st. Douglas Emmett’s dividend payout ratio is presently 633.33%.

Institutional Investors Weigh In On Douglas Emmett

Hedge funds have recently added to or reduced their stakes in the business. State Street Corp raised its position in shares of Douglas Emmett by 1.0% in the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock valued at $148,593,000 after purchasing an additional 100,396 shares during the period. Wellington Management Group LLP raised its holdings in Douglas Emmett by 3.8% in the 3rd quarter. Wellington Management Group LLP now owns 6,971,770 shares of the real estate investment trust’s stock valued at $108,550,000 after acquiring an additional 256,191 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Douglas Emmett by 18.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock worth $88,507,000 after acquiring an additional 899,233 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Douglas Emmett by 1.1% during the second quarter. Geode Capital Management LLC now owns 4,362,611 shares of the real estate investment trust’s stock worth $65,620,000 after acquiring an additional 46,651 shares during the period. Finally, Alyeska Investment Group L.P. grew its position in shares of Douglas Emmett by 142.7% in the third quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock valued at $39,619,000 after purchasing an additional 1,496,132 shares during the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.

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.