Douglas Emmett, Inc. (NYSE:DEI) Stock Has Average Price Target of $13.14 According to Analysts

Douglas Emmett, Inc. (NYSE:DEI) has earned an average recommendation of “Hold” from the nine ratings firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $13.14.

DEI has been the topic of a number of recent research reports. Weiss Ratings downgraded Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. Wall Street Zen raised Douglas Emmett from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Scotiabank cut their price target on Douglas Emmett from $13.00 to $12.00 and set a “sector perform” rating for the company in a research note on Thursday, September 17th. JPMorgan Chase & Co. raised their price target on Douglas Emmett from $15.00 to $16.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 9th. Finally, Cantor Fitzgerald increased their price objective on Douglas Emmett from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, August 7th.

Douglas Emmett Stock Up 1.3%

DEI stock opened at $9.59 on Wednesday. The company has a 50 day moving average of $10.64 and a two-hundred day moving average of $11.22. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -63.90 and a beta of 1.18. Douglas Emmett has a 12-month low of $9.04 and a 12-month high of $13.67. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.63.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The company’s revenue was up 2.0% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, equities analysts anticipate that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend was Wednesday, September 30th. Douglas Emmett’s payout ratio is currently -506.67%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its stake in shares of Douglas Emmett by 164.8% in the third quarter. Farther Finance Advisors LLC now owns 4,256 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 2,649 shares during the last quarter. Tidal Investments LLC boosted its holdings in shares of Douglas Emmett by 35.5% during the 2nd quarter. Tidal Investments LLC now owns 134,676 shares of the real estate investment trust’s stock worth $1,589,000 after buying an additional 35,316 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Douglas Emmett in the 2nd quarter valued at $73,000. Allworth Financial LP grew its stake in Douglas Emmett by 320.1% in the 2nd quarter. Allworth Financial LP now owns 5,772 shares of the real estate investment trust’s stock valued at $68,000 after buying an additional 4,398 shares during the last quarter. Finally, Nykredit A S acquired a new position in Douglas Emmett in the 2nd quarter valued at $42,000. Institutional investors own 97.37% of the company’s stock.

Douglas Emmett Company Profile

Douglas Emmett, Inc (NYSE: DEI) is a self-administered and self-managed real estate investment trust (REIT) that owns, acquires, develops, redevelops and manages office and multifamily apartment properties. The company focuses on high-quality assets in supply-constrained markets with strong employment and housing demand.

Douglas Emmett’s portfolio is concentrated in Southern California and Honolulu. Its office properties are primarily located in prominent Los Angeles submarkets, including Century City, Brentwood, Westwood, Santa Monica, Warner Center and the Wilshire Corridor.