Douglas Emmett, Inc. (NYSE:DEI – Get Free Report)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $9.23 and last traded at $9.2450, with a volume of 135799 shares trading hands. The stock had previously closed at $9.45.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the company. Cantor Fitzgerald reiterated a “neutral” rating and set a $11.00 price objective on shares of Douglas Emmett in a research report on Monday, January 5th. Citigroup reduced their price objective on shares of Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Scotiabank decreased their target price on shares of Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Piper Sandler dropped their price target on shares of Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Finally, UBS Group lowered shares of Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Douglas Emmett presently has an average rating of “Hold” and an average price target of $12.94.
Get Our Latest Stock Analysis on Douglas Emmett
Douglas Emmett Trading Down 2.3%
Douglas Emmett (NYSE:DEI – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The company had revenue of $249.43 million during the quarter, compared to the consensus estimate of $252.91 million. During the same period in the prior year, the company earned $0.38 EPS. Douglas Emmett’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, equities analysts anticipate that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.
Douglas Emmett Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Tuesday, March 31st. Douglas Emmett’s dividend payout ratio (DPR) is presently 844.44%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of DEI. Hsbc Holdings PLC grew its holdings in shares of Douglas Emmett by 27.3% in the 4th quarter. Hsbc Holdings PLC now owns 1,784,496 shares of the real estate investment trust’s stock worth $19,642,000 after acquiring an additional 382,249 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Douglas Emmett by 47.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 216,118 shares of the real estate investment trust’s stock valued at $2,375,000 after purchasing an additional 69,525 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Douglas Emmett during the fourth quarter valued at $144,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Douglas Emmett by 470.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 7,502 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 6,186 shares during the period. Finally, Alpine Global Management LLC acquired a new position in shares of Douglas Emmett in the 4th quarter valued at $177,000. Institutional investors 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.
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