Douglas Emmett, Inc. (NYSE:DEI) Receives $13.28 Consensus Price Target from Analysts

Douglas Emmett, Inc. (NYSE:DEI) has received a consensus rating of “Hold” from the ten research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $13.2778.

Several brokerages have weighed in on DEI. Wells Fargo & Company reduced their price target on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Cantor Fitzgerald restated a “neutral” rating and set a $11.00 target price on shares of Douglas Emmett in a research note on Monday, January 5th. Piper Sandler decreased their price target on shares of Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Weiss Ratings downgraded shares of Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 12th. Finally, Citigroup reduced their price objective on shares of Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DEI. Millennium Management LLC lifted its stake in 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 worth $61,630,000 after purchasing an additional 4,860,682 shares during the last quarter. Alyeska Investment Group L.P. raised its holdings in Douglas Emmett by 142.7% during the third quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock worth $39,619,000 after purchasing an additional 1,496,132 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Douglas Emmett by 93.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock worth $34,772,000 after buying an additional 1,117,668 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Douglas Emmett by 18.8% during the 3rd 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. Finally, Centersquare Investment Management LLC boosted 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 in the last quarter. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Douglas Emmett Price Performance

Douglas Emmett stock opened at $10.27 on Tuesday. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 1.60. Douglas Emmett has a 52-week low of $9.29 and a 52-week high of $17.42. The firm has a market cap of $1.72 billion, a PE ratio of 114.12, a price-to-earnings-growth ratio of 4.65 and a beta of 1.12. The company’s 50 day moving average is $10.62 and its two-hundred day moving average is $12.66.

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

Douglas Emmett Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.19 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 7.4%. Douglas Emmett’s dividend payout ratio (DPR) is currently 844.44%.

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.