Douglas Emmett (DEI) – Research Analysts’ Recent Ratings Updates

Douglas Emmett (NYSE: DEI) recently received a number of ratings updates from brokerages and research firms:

• 1/15/2025 – Douglas Emmett had its “neutral” rating reaffirmed by analysts at Janney Montgomery Scott.
• 1/13/2025 – Douglas Emmett was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $20.00 price target on the stock.
• 1/2/2025 – Douglas Emmett was upgraded by analysts at Wedbush from a “neutral” rating to an “outperform” rating. They now have a $21.00 price target on the stock, up previously from $19.00.
• 1/2/2025 – Douglas Emmett had its price target raised by analysts at Jefferies Financial Group Inc. from $17.00 to $18.00. They now have a “hold” rating on the stock.

Douglas Emmett Trading Up 3.1 %

NYSE DEI opened at $17.20 on Wednesday. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 1.51. The business has a fifty day simple moving average of $18.75 and a 200 day simple moving average of $17.09. Douglas Emmett, Inc. has a 12 month low of $12.35 and a 12 month high of $20.50. The firm has a market capitalization of $2.88 billion, a P/E ratio of -172.00 and a beta of 1.11.

Douglas Emmett (NYSE:DEI) last announced its earnings results on Monday, November 4th. The real estate investment trust reported $0.03 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.38). Douglas Emmett had a negative net margin of 1.68% and a negative return on equity of 0.43%. The firm had revenue of $250.75 million during the quarter, compared to analysts’ expectations of $242.75 million. During the same quarter in the prior year, the company earned $0.45 EPS. The business’s revenue for the quarter was down 1.8% on a year-over-year basis. On average, analysts predict that Douglas Emmett, Inc. will post 1.7 EPS for the current fiscal year.

Douglas Emmett Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.76 annualized dividend and a dividend yield of 4.42%. Douglas Emmett’s dividend payout ratio is currently -760.00%.

Hedge Funds Weigh In On Douglas Emmett

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Nordea Investment Management AB increased its position in shares of Douglas Emmett by 4.0% during the fourth quarter. Nordea Investment Management AB now owns 663,262 shares of the real estate investment trust’s stock valued at $12,317,000 after acquiring an additional 25,737 shares during the last quarter. GAMMA Investing LLC grew its stake in Douglas Emmett by 19.7% in the 4th quarter. GAMMA Investing LLC now owns 4,561 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 750 shares during the period. Franklin Resources Inc. grew its stake in Douglas Emmett by 6.1% in the 3rd quarter. Franklin Resources Inc. now owns 103,493 shares of the real estate investment trust’s stock valued at $1,866,000 after purchasing an additional 5,965 shares during the period. Geode Capital Management LLC increased its position in shares of Douglas Emmett by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 4,171,839 shares of the real estate investment trust’s stock valued at $73,312,000 after purchasing an additional 26,961 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Douglas Emmett by 3.8% during the 3rd quarter. Barclays PLC now owns 293,446 shares of the real estate investment trust’s stock worth $5,155,000 after purchasing an additional 10,653 shares during the period. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.