Piper Sandler Cuts Douglas Emmett (NYSE:DEI) Price Target to $11.00

Douglas Emmett (NYSE:DEI) had its price objective trimmed by Piper Sandler from $14.00 to $11.00 in a research report released on Tuesday, MarketBeat.com reports. The firm currently has a neutral rating on the real estate investment trust’s stock.

A number of other research analysts have also recently commented on the company. Cantor Fitzgerald reiterated a “neutral” rating and issued a $11.00 price target on shares of Douglas Emmett in a research note on Monday, January 5th. Weiss Ratings lowered Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. Wells Fargo & Company lowered their price objective on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. Scotiabank dropped their price objective on shares of Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating for the company in a report on Monday, November 17th. Finally, Evercore set a $12.00 target price on shares of Douglas Emmett in a report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Douglas Emmett has a consensus rating of “Hold” and an average price target of $13.78.

Douglas Emmett Stock Up 3.4%

Shares of NYSE DEI opened at $10.17 on Tuesday. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 112.96, a PEG ratio of 4.40 and a beta of 1.14. The company has a current ratio of 3.33, a quick ratio of 3.03 and a debt-to-equity ratio of 1.60. Douglas Emmett has a 12 month low of $9.53 and a 12 month high of $17.47. The stock has a 50-day moving average price of $10.84 and a two-hundred day moving average price of $12.97.

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

Douglas Emmett Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.19 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.76 annualized dividend and a yield of 7.5%. Douglas Emmett’s dividend payout ratio is presently 844.44%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DEI. EverSource Wealth Advisors LLC boosted its stake in shares of Douglas Emmett by 220.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,166 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in Douglas Emmett by 100.0% in the third quarter. Westside Investment Management Inc. now owns 1,840 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 920 shares during the period. Advisory Services Network LLC bought a new stake in Douglas Emmett during the third quarter valued at $32,000. Hantz Financial Services Inc. grew its holdings in Douglas Emmett by 448.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,621 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 2,143 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Douglas Emmett by 33.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 1,226 shares in the last quarter. 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.