Douglas Emmett (NYSE:DEI) Reaches New 1-Year Low – Here’s What Happened

Douglas Emmett, Inc. (NYSE:DEI)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $9.98 and last traded at $9.9350, with a volume of 471696 shares traded. The stock had previously closed at $10.27.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DEI. JPMorgan Chase & Co. lowered their price target on shares of Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Tuesday, November 25th. Wells Fargo & Company lowered their target price on shares of Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Cantor Fitzgerald reiterated a “neutral” rating and set a $11.00 target price on shares of Douglas Emmett in a research report on Monday, January 5th. Weiss Ratings lowered Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Douglas Emmett in a report on Tuesday, November 11th. Two investment 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 data from MarketBeat.com, Douglas Emmett has an average rating of “Hold” and a consensus target price of $14.63.

Douglas Emmett Trading Down 4.4%

The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 109.51 and a beta of 1.14. The company has a debt-to-equity ratio of 1.58, a current ratio of 3.03 and a quick ratio of 3.03. The business has a 50 day simple moving average of $11.06 and a 200-day simple moving average of $13.18.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.35. Douglas Emmett had a return on equity of 0.45% and a net margin of 1.62%.The business had revenue of $249.43 million during the quarter, compared to analyst estimates of $252.91 million. During the same period in the previous year, the firm earned $0.38 EPS. Douglas Emmett’s quarterly revenue 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, equities analysts expect that Douglas Emmett, Inc. will post 1.45 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend was Wednesday, December 31st. Douglas Emmett’s dividend payout ratio is currently 633.33%.

Institutional Trading of Douglas Emmett

Hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp grew its position in Douglas Emmett by 1.0% in the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock valued at $148,593,000 after purchasing an additional 100,396 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Douglas Emmett by 3.8% in the 3rd quarter. Wellington Management Group LLP now owns 6,971,770 shares of the real estate investment trust’s stock valued at $108,550,000 after buying an additional 256,191 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in 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 buying an additional 899,233 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Douglas Emmett by 10.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust’s stock worth $58,367,000 after acquiring an additional 506,108 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Douglas Emmett by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 4,362,611 shares of the real estate investment trust’s stock valued at $65,620,000 after acquiring an additional 46,651 shares during the period. 97.37% of the stock is currently owned by institutional investors and hedge funds.

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.