Douglas Emmett (NYSE:DEI) Price Target Cut to $11.00 by Analysts at Piper Sandler

Douglas Emmett (NYSE:DEI) had its price objective cut by stock analysts at Piper Sandler from $14.00 to $11.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Piper Sandler’s target price would indicate a potential upside of 8.64% from the company’s previous close.

A number of other brokerages have also recently issued reports on DEI. Evercore ISI set a $12.00 price objective on shares of Douglas Emmett in a research note on Wednesday, February 11th. Wells Fargo & Company reduced their target price on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Scotiabank cut their price target on shares of Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating on the stock in a research report on Monday, November 17th. UBS Group downgraded shares of Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. Finally, Weiss Ratings lowered shares of Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $14.25.

Douglas Emmett Stock Up 2.5%

NYSE:DEI opened at $10.13 on Tuesday. The stock’s fifty day moving average price is $10.95 and its two-hundred day moving average price is $13.05. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 112.51 and a beta of 1.14. Douglas Emmett has a 52-week low of $9.53 and a 52-week high of $17.47. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.03 and a current ratio of 3.33.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.The firm had revenue of $249.43 million during the quarter, compared to analyst estimates of $252.91 million. During the same period last year, the company earned $0.38 earnings per share. The company’s revenue was up 1.8% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, analysts anticipate that Douglas Emmett will post 1.45 EPS for the current year.

Institutional Investors Weigh In On Douglas Emmett

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position 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 worth $25,000 after acquiring an additional 1,166 shares during the last quarter. Westside Investment Management Inc. boosted its holdings in Douglas Emmett by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 920 shares during the last quarter. Advisory Services Network LLC acquired a new position in Douglas Emmett during the third quarter worth $32,000. Hantz Financial Services Inc. grew its position in Douglas Emmett by 448.3% in the third 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 in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in 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 valued at $54,000 after buying an additional 1,226 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.