Douglas Emmett (NYSE:DEI) Issues Earnings Results

Douglas Emmett (NYSE:DEI) released its quarterly earnings results on Tuesday. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.35, Zacks reports. Douglas Emmett had a net margin of 2.22% and a return on equity of 0.62%. The firm had revenue of $249.43 million during the quarter, compared to analyst estimates of $252.91 million. During the same quarter last year, the business earned $0.38 EPS. The company’s revenue was up 1.8% compared to the same quarter last year. Douglas Emmett updated its FY 2026 guidance to 1.390-1.450 EPS.

Douglas Emmett Stock Performance

Shares of NYSE DEI traded up $0.08 during midday trading on Tuesday, reaching $10.63. The company’s stock had a trading volume of 2,229,865 shares, compared to its average volume of 2,694,647. The stock has a market capitalization of $1.78 billion, a P/E ratio of 88.57 and a beta of 1.14. The company has a debt-to-equity ratio of 1.58, a current ratio of 3.03 and a quick ratio of 3.03. The firm has a 50 day moving average price of $11.10 and a 200-day moving average price of $13.20. Douglas Emmett has a 12-month low of $10.21 and a 12-month high of $17.47.

Douglas Emmett Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.76 annualized dividend and a dividend yield of 7.2%. Douglas Emmett’s dividend payout ratio (DPR) is currently 633.33%.

Wall Street Analysts Forecast Growth

DEI has been the subject of several recent analyst reports. UBS Group cut Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. Jefferies Financial Group reiterated a “hold” rating on shares of Douglas Emmett in a research note on Tuesday, November 11th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $11.00 price target on shares of Douglas Emmett in a research note on Monday, January 5th. JPMorgan Chase & Co. decreased their target price on Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Tuesday, November 25th. Finally, Weiss Ratings lowered Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Douglas Emmett has an average rating of “Hold” and a consensus target price of $15.00.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. State Street Corp increased its position in shares of Douglas Emmett by 1.0% during the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock valued at $148,593,000 after buying an additional 100,396 shares during the period. Wellington Management Group LLP raised its position in shares of Douglas Emmett by 3.8% in the third quarter. Wellington Management Group LLP now owns 6,971,770 shares of the real estate investment trust’s stock worth $108,550,000 after buying an additional 256,191 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Douglas Emmett by 10.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust’s stock valued at $58,367,000 after acquiring an additional 506,108 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Douglas Emmett by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 4,291,907 shares of the real estate investment trust’s stock worth $47,174,000 after purchasing an additional 23,653 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its stake in Douglas Emmett by 142.7% in the third quarter. Alyeska Investment Group L.P. now owns 2,544,575 shares of the real estate investment trust’s stock valued at $39,619,000 after purchasing an additional 1,496,132 shares in the last quarter. Institutional investors 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.