Douglas Emmett (NYSE:DEI) Hits New 12-Month Low – Should You Sell?

Shares of Douglas Emmett, Inc. (NYSE:DEIGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as $9.04 and last traded at $9.1240, with a volume of 148251 shares traded. The stock had previously closed at $9.23.

Analyst Ratings Changes

DEI has been the topic of several recent analyst reports. Evercore set a $12.00 price target on shares of Douglas Emmett in a research note on Wednesday, February 11th. 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. UBS Group downgraded shares of Douglas Emmett to a “sector perform” rating in a research report on Wednesday, January 14th. Piper Sandler cut 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 note on Tuesday, February 17th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $11.00 price target on shares of Douglas Emmett in a research report on Monday, January 5th. One analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Douglas Emmett presently has a consensus rating of “Hold” and an average target price of $12.94.

Read Our Latest Report on Douglas Emmett

Douglas Emmett Stock Performance

The stock has a market cap of $1.54 billion, a PE ratio of 102.49, a P/E/G ratio of 4.23 and a beta of 1.11. The firm’s 50-day moving average is $10.06 and its 200 day moving average is $11.80. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.33 and a current ratio of 3.33.

Douglas Emmett (NYSE:DEIGet Free Report) 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, hitting the consensus estimate of $0.35. The company had revenue of $249.43 million for the quarter, compared to the consensus estimate of $252.91 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. Douglas Emmett’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the firm posted $0.38 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. As a group, research analysts anticipate that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Announces Dividend

The business 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 dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.2%. Douglas Emmett’s dividend payout ratio (DPR) is currently 844.44%.

Institutional Trading of Douglas Emmett

Several institutional investors and hedge funds have recently added to or reduced their stakes in DEI. Millennium Management LLC lifted its position in Douglas Emmett by 650.5% during the 4th quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock worth $61,630,000 after acquiring an additional 4,860,682 shares during the period. Alyeska Investment Group L.P. grew its stake in shares of Douglas Emmett by 142.7% in 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 increased its holdings in shares of 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 purchasing an additional 1,117,668 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of Douglas Emmett by 18.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock valued at $88,507,000 after purchasing an additional 899,233 shares during the period. Finally, Centersquare Investment Management LLC raised its stake in shares of Douglas Emmett by 54.7% during the fourth quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock worth $27,909,000 after purchasing an additional 897,630 shares during the last quarter. 97.37% of the stock is owned by hedge funds and other institutional investors.

Douglas Emmett Company Profile

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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.

Further Reading

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