Douglas Emmett (NYSE:DEI) Hits New 1-Year Low – Should You Sell?

Douglas Emmett, Inc. (NYSE:DEI)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $9.29 and last traded at $9.3450, with a volume of 1504743 shares. The stock had previously closed at $9.67.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DEI. Wells Fargo & Company reduced their price objective on shares of Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $11.00 target price on shares of Douglas Emmett in a report on Monday, January 5th. Citigroup cut their price target on Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Piper Sandler decreased their price target on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. Finally, Scotiabank lowered their price objective on Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $12.94.

Douglas Emmett Trading Down 4.0%

The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 1.60. The stock’s 50 day moving average is $10.36 and its 200-day moving average is $12.27. The company has a market cap of $1.55 billion, a PE ratio of 103.18, a P/E/G ratio of 4.37 and a beta of 1.12.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share for the quarter, meeting the consensus estimate 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 for the quarter, compared to the consensus estimate of $252.91 million. During the same quarter in the previous year, the company posted $0.38 EPS. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. As a group, sell-side analysts anticipate that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.19 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.2%. Douglas Emmett’s payout ratio is presently 844.44%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Millennium Management LLC lifted its position in shares of Douglas Emmett by 650.5% during the fourth quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock valued at $61,630,000 after buying an additional 4,860,682 shares during the last quarter. Alyeska Investment Group L.P. grew its stake in Douglas Emmett by 142.7% during the 3rd 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. Arrowstreet Capital Limited Partnership boosted its position in Douglas Emmett by 93.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock valued at $34,772,000 after buying an additional 1,117,668 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of 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 purchasing an additional 899,233 shares during the last quarter. Finally, Centersquare Investment Management LLC lifted its holdings in shares of Douglas Emmett by 54.7% in the 4th quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock valued at $27,909,000 after buying an additional 897,630 shares during the period. 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.