Douglas Emmett, Inc. (NYSE:DEI) Receives $13.57 Average Target Price from Brokerages

Douglas Emmett, Inc. (NYSE:DEI) has been assigned a consensus rating of “Hold” from the nine brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $13.5714.

DEI has been the topic of a number of recent analyst reports. Wall Street Zen cut shares of Douglas Emmett from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Weiss Ratings upgraded Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 23rd. 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. Wells Fargo & Company boosted their price target on Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Finally, Piper Sandler upped their price target on Douglas Emmett from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st.

Douglas Emmett Stock Performance

Shares of Douglas Emmett stock opened at $11.81 on Friday. Douglas Emmett has a 1 year low of $9.04 and a 1 year high of $16.99. The firm’s 50-day moving average is $12.03 and its 200 day moving average is $10.98. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of -69.45, a PEG ratio of 6.15 and a beta of 1.15. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.63 and a quick ratio of 2.63.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.37 earnings per share 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%. Douglas Emmett’s revenue was down .4% compared to the same quarter last year. During the same period last year, the business earned $0.40 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Sell-side analysts anticipate that Douglas Emmett will post 1.41 EPS for the current fiscal year.

Douglas Emmett Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.76 dividend on an annualized basis and a yield of 6.4%. Douglas Emmett’s payout ratio is -447.06%.

Hedge Funds Weigh In On Douglas Emmett

Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its stake in shares of Douglas Emmett by 220.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 1,166 shares during the period. Advisory Services Network LLC bought a new position in Douglas Emmett during the third quarter valued at approximately $32,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Douglas Emmett by 33.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 1,226 shares during the period. Hantz Financial Services Inc. boosted its holdings in Douglas Emmett by 98.7% in the fourth quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 2,588 shares during the last quarter. Finally, Frazier Financial Advisors LLC boosted its holdings in Douglas Emmett by 47.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,745 shares during the last quarter. Institutional investors own 97.37% of the company’s stock.

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.