Douglas Emmett, Inc. (NYSE:DEI) Given Consensus Recommendation of “Hold” by Brokerages

Douglas Emmett, Inc. (NYSE:DEI) has received a consensus recommendation of “Hold” from the nine research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $15.00.

A number of research analysts have weighed in on the stock. Jefferies Financial Group reiterated a “hold” rating on shares of Douglas Emmett in a research report on Tuesday, November 11th. Wells Fargo & Company cut their price target on shares of Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Cantor Fitzgerald reissued a “neutral” rating and issued a $11.00 price objective on shares of Douglas Emmett in a research report on Monday, January 5th. Piper Sandler lowered Douglas Emmett from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $19.00 to $14.00 in a research report on Thursday, November 6th. Finally, UBS Group cut Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th.

Institutional Trading of Douglas Emmett

A number of large investors have recently made changes to their positions in the stock. CIBC Asset Management Inc grew its holdings in shares of Douglas Emmett by 64.0% in the fourth quarter. CIBC Asset Management Inc now owns 16,689 shares of the real estate investment trust’s stock worth $183,000 after purchasing an additional 6,511 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in 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 buying an additional 506,108 shares during the period. Nomura Asset Management Co. Ltd. grew its stake in Douglas Emmett by 2.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 252,300 shares of the real estate investment trust’s stock worth $2,773,000 after acquiring an additional 6,000 shares in the last quarter. Norges Bank purchased a new position in shares of Douglas Emmett during the fourth quarter worth approximately $3,765,000. Finally, Intech Investment Management LLC raised its stake in shares of Douglas Emmett by 189.7% during the fourth quarter. Intech Investment Management LLC now owns 224,600 shares of the real estate investment trust’s stock valued at $2,468,000 after acquiring an additional 147,066 shares in the last quarter. 97.37% of the stock is owned by hedge funds and other institutional investors.

Douglas Emmett Trading Up 0.7%

Shares of DEI stock opened at $10.63 on Friday. The company has a market cap of $1.78 billion, a PE ratio of 88.57 and a beta of 1.14. Douglas Emmett has a 1 year low of $10.21 and a 1 year high of $17.47. The stock’s 50 day simple moving average is $11.10 and its two-hundred day simple moving average is $13.20. The company has a debt-to-equity ratio of 1.58, a current ratio of 3.03 and a quick ratio of 3.03.

Douglas Emmett (NYSE:DEI) last announced its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. Douglas Emmett had a return on equity of 0.62% and a net margin of 2.22%.The firm had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. During the same quarter in the previous year, the business earned $0.38 EPS. The company’s quarterly revenue was up 1.8% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. Research analysts predict that Douglas Emmett will post 1.45 earnings per share for the current year.

Douglas Emmett Dividend Announcement

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

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.