Douglas Emmett (NYSE:DEI) Issues Quarterly Earnings Results, Meets Estimates

Douglas Emmett (NYSE:DEI) released its earnings results on Tuesday. The real estate investment trust reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35, Briefing.com reports. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.45%. The business had revenue of $249.43 million during the quarter, compared to the consensus estimate of $252.91 million. During the same quarter last year, the firm earned $0.38 earnings per share. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. Douglas Emmett updated its FY 2026 guidance to 1.390-1.450 EPS.

Douglas Emmett Stock Performance

Shares of Douglas Emmett stock opened at $10.37 on Thursday. The company has a 50 day moving average of $11.06 and a 200-day moving average of $13.18. The company has a market cap of $1.74 billion, a PE ratio of 115.24 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. Douglas Emmett has a 1-year low of $10.21 and a 1-year high of $17.47.

Douglas Emmett Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.19 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.76 annualized dividend and a dividend yield of 7.3%. Douglas Emmett’s payout ratio is presently 633.33%.

Hedge Funds Weigh In On Douglas Emmett

A number of hedge funds and other institutional investors have recently made changes to their positions in DEI. EverSource Wealth Advisors LLC boosted its stake in shares of 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 purchasing an additional 1,166 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Douglas Emmett during the 3rd quarter worth approximately $32,000. Osaic Holdings Inc. increased its stake in shares of Douglas Emmett by 48.6% in the 2nd quarter. Osaic Holdings Inc. now owns 9,896 shares of the real estate investment trust’s stock valued at $149,000 after acquiring an additional 3,237 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of Douglas Emmett during the 4th quarter valued at $153,000. Finally, Corient Private Wealth LLC acquired a new stake in Douglas Emmett in the second quarter worth $157,000. 97.37% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DEI has been the subject of several analyst reports. Scotiabank decreased their price objective on Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating for the company in a report on Monday, November 17th. Piper Sandler cut Douglas Emmett from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $19.00 to $14.00 in a research report on Thursday, November 6th. Jefferies Financial Group restated a “hold” rating on shares of Douglas Emmett in a research note on Tuesday, November 11th. Evercore ISI set a $12.00 price objective on Douglas Emmett in a research note on Wednesday. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $11.00 target price on shares of Douglas Emmett in a research note on Monday, January 5th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Douglas Emmett has an average rating of “Hold” and a consensus price target of $14.63.

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.