Analysts expect Douglas Emmett, Inc. (NYSE:DEI) to report earnings per share of $0.52 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Douglas Emmett’s earnings, with estimates ranging from $0.51 to $0.52. Douglas Emmett reported earnings per share of $0.49 during the same quarter last year, which would suggest a positive year over year growth rate of 6.1%. The company is expected to report its next earnings results on Tuesday, February 12th.

On average, analysts expect that Douglas Emmett will report full-year earnings of $2.02 per share for the current financial year, with EPS estimates ranging from $2.01 to $2.02. For the next year, analysts expect that the company will post earnings of $2.10 per share, with EPS estimates ranging from $2.08 to $2.12. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Douglas Emmett.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings results on Thursday, November 1st. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.33). The firm had revenue of $223.30 million for the quarter, compared to analysts’ expectations of $222.50 million. Douglas Emmett had a net margin of 14.32% and a return on equity of 3.06%. Douglas Emmett’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm posted $0.48 EPS.

A number of research analysts have commented on the company. TheStreet cut Douglas Emmett from a “b-” rating to a “c+” rating in a research note on Monday. Citigroup boosted their price objective on Douglas Emmett from $38.00 to $39.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 8th. Zacks Investment Research upgraded Douglas Emmett from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research note on Wednesday, October 3rd. Bank of America boosted their price objective on Douglas Emmett from $42.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, August 13th. Finally, Sandler O’Neill upgraded Douglas Emmett from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research note on Thursday, November 15th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $41.45.

Shares of DEI traded up $0.36 during midday trading on Thursday, reaching $36.68. 50,129 shares of the company were exchanged, compared to its average volume of 784,875. The stock has a market cap of $6.17 billion, a PE ratio of 19.18, a P/E/G ratio of 2.71 and a beta of 0.62. Douglas Emmett has a 1-year low of $34.72 and a 1-year high of $41.59. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.96 and a quick ratio of 1.96.

Several large investors have recently added to or reduced their stakes in the stock. Eii Capital Management Inc. lifted its stake in shares of Douglas Emmett by 9.0% in the third quarter. Eii Capital Management Inc. now owns 19,427 shares of the real estate investment trust’s stock worth $704,000 after acquiring an additional 1,612 shares in the last quarter. Retirement Systems of Alabama increased its holdings in Douglas Emmett by 0.9% in the third quarter. Retirement Systems of Alabama now owns 208,607 shares of the real estate investment trust’s stock valued at $7,869,000 after buying an additional 1,783 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Douglas Emmett by 3.0% in the second quarter. Oregon Public Employees Retirement Fund now owns 62,426 shares of the real estate investment trust’s stock valued at $2,508,000 after buying an additional 1,795 shares during the last quarter. Riverhead Capital Management LLC increased its holdings in Douglas Emmett by 23.2% in the second quarter. Riverhead Capital Management LLC now owns 10,075 shares of the real estate investment trust’s stock valued at $405,000 after buying an additional 1,900 shares during the last quarter. Finally, Vident Investment Advisory LLC increased its holdings in Douglas Emmett by 21.1% in the second quarter. Vident Investment Advisory LLC now owns 12,662 shares of the real estate investment trust’s stock valued at $509,000 after buying an additional 2,205 shares during the last quarter. Institutional investors and hedge funds own 92.38% of the company’s stock.

Douglas Emmett Company Profile

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.

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Earnings History and Estimates for Douglas Emmett (NYSE:DEI)

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