Douglas Emmett (NYSE:DEI) Shares Gap Up – Should You Buy?

Douglas Emmett, Inc. (NYSE:DEI) shares gapped up prior to trading on Thursday . The stock had previously closed at $9.83, but opened at $10.27. Douglas Emmett shares last traded at $9.9750, with a volume of 368,504 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on DEI shares. UBS Group lowered shares of Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th. Evercore set a $12.00 target price on shares of Douglas Emmett in a research report on Wednesday, February 11th. Cantor Fitzgerald restated a “neutral” rating and set a $11.00 price target on shares of Douglas Emmett in a research report on Monday, January 5th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Douglas Emmett in a research note on Tuesday, November 11th. Finally, Piper Sandler reduced their price objective on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $13.78.

Douglas Emmett Stock Up 3.1%

The stock has a market capitalization of $1.76 billion, a P/E ratio of 116.51, a PEG ratio of 4.55 and a beta of 1.14. The stock has a 50 day moving average price of $10.82 and a 200-day moving average price of $12.94. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.03.

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

Douglas Emmett Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend was Wednesday, December 31st. Douglas Emmett’s payout ratio is presently 844.44%.

Institutional Investors Weigh In On Douglas Emmett

Several institutional investors have recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA boosted its holdings in shares of Douglas Emmett by 18.8% during the third 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 purchasing an additional 899,233 shares during the period. Geode Capital Management LLC raised its position in Douglas Emmett by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 4,362,611 shares of the real estate investment trust’s stock valued at $65,620,000 after purchasing an additional 46,651 shares during the last quarter. Capital Fund Management S.A. purchased a new stake in Douglas Emmett in the 2nd quarter worth approximately $1,987,000. Arrowstreet Capital Limited Partnership lifted its holdings in Douglas Emmett by 93.6% in 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 period. Finally, Bank of New York Mellon Corp grew its position in shares of Douglas Emmett by 10.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,866,279 shares of the real estate investment trust’s stock worth $28,069,000 after buying an additional 181,418 shares during the last quarter. Hedge funds and other 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.