Brokerages Set Douglas Emmett, Inc. (NYSE:DEI) Price Target at $13.50

Shares of Douglas Emmett, Inc. (NYSE:DEI) have been assigned an average rating of “Hold” from the ten brokerages that are currently covering the company, Marketbeat reports. One 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 twelve-month price objective among brokerages that have issued a report on the stock in the last year is $13.50.

Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. Scotiabank boosted their price target on shares of Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 21st. Cantor Fitzgerald increased their price objective on shares of Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Wells Fargo & Company raised their price objective on Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Citigroup lifted their target price on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers grew its holdings in shares of Douglas Emmett by 6.7% in the second quarter. Cetera Investment Advisers now owns 12,220 shares of the real estate investment trust’s stock valued at $184,000 after purchasing an additional 766 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of Douglas Emmett by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 154,385 shares of the real estate investment trust’s stock worth $2,322,000 after buying an additional 819 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Douglas Emmett by 220.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 1,166 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Douglas Emmett by 33.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 1,226 shares during the last quarter. Finally, Creative Planning raised its position in shares of Douglas Emmett by 6.7% during the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock valued at $316,000 after buying an additional 1,317 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Price Performance

DEI stock traded up $0.14 during midday trading on Monday, hitting $12.02. The company’s stock had a trading volume of 2,543,859 shares, compared to its average volume of 1,910,844. Douglas Emmett has a 12 month low of $9.04 and a 12 month high of $16.99. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of -70.72, a price-to-earnings-growth ratio of 6.18 and a beta of 1.15. The company has a 50 day moving average of $11.87 and a two-hundred day moving average of $10.87.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $250.96 million during the quarter, compared to analyst estimates of $251.11 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The company’s revenue was down .4% on a year-over-year basis. During the same period last year, the firm posted $0.40 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. On average, analysts expect that Douglas Emmett will post 1.41 EPS for the current year.

Douglas Emmett Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 6.3%. The ex-dividend date is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio (DPR) is currently -447.06%.

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.