Douglas Emmett (NYSE:DEI) Hits New 52-Week Low – What’s Next?

Shares of Douglas Emmett, Inc. (NYSE:DEI) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.05 and last traded at $11.1150, with a volume of 1072951 shares trading hands. The stock had previously closed at $11.08.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DEI. Cantor Fitzgerald decreased their price objective on Douglas Emmett from $16.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Scotiabank reduced their price target on Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating for the company in a research report on Monday, November 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Douglas Emmett in a research note on Monday, December 15th. Wells Fargo & Company cut their price objective on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Finally, Wall Street Zen cut shares of Douglas Emmett from a “hold” rating to a “sell” rating in a research note on Saturday, August 30th. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $16.00.

Douglas Emmett Stock Performance

The stock has a market capitalization of $1.85 billion, a P/E ratio of 92.29 and a beta of 1.12. The company has a debt-to-equity ratio of 1.58, a quick ratio of 3.03 and a current ratio of 3.03. The company’s fifty day simple moving average is $12.33 and its two-hundred day simple moving average is $14.35.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data on Tuesday, November 4th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.34. Douglas Emmett had a return on equity of 0.62% and a net margin of 2.22%.The company had revenue of $250.58 million during the quarter, compared to analysts’ expectations of $252.73 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The business’s revenue was up .0% on a year-over-year basis. Douglas Emmett has set its FY 2025 guidance at 1.430-1.470 EPS. As a group, equities analysts forecast that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Wednesday, December 31st. Douglas Emmett’s payout ratio is presently 633.33%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in Douglas Emmett by 220.8% during the second 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 in the last quarter. Westside Investment Management Inc. grew its holdings in shares of Douglas Emmett by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 920 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Douglas Emmett in the first quarter worth $30,000. Advisory Services Network LLC acquired a new position in Douglas Emmett in the third quarter valued at about $32,000. Finally, Hantz Financial Services Inc. lifted its position in Douglas Emmett by 448.3% during the third quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 2,143 shares during the period. Institutional investors and hedge funds own 97.37% of the company’s stock.

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.