Douglas Emmett (NYSE:DEI) Reaches New 1-Year Low After Analyst Downgrade

Douglas Emmett, Inc. (NYSE:DEI)’s stock price reached a new 52-week low during trading on Tuesday after Scotiabank lowered their price target on the stock from $12.50 to $11.50. Scotiabank currently has a sector perform rating on the stock. Douglas Emmett traded as low as $9.40 and last traded at $9.3850, with a volume of 146254 shares traded. The stock had previously closed at $9.72.

DEI has been the subject of several other reports. Evercore set a $12.00 price target on shares of Douglas Emmett in a report on Wednesday, February 11th. JPMorgan Chase & Co. cut their target price on shares of Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a research note on Tuesday, November 25th. Cantor Fitzgerald reissued a “neutral” rating and issued a $11.00 target price on shares of Douglas Emmett in a report on Monday, January 5th. Wells Fargo & Company decreased their price target on Douglas Emmett from $20.00 to $15.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Finally, Piper Sandler cut their price objective on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.28.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DEI. Royal Bank of Canada lifted its stake in shares of Douglas Emmett by 43.4% during the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock valued at $476,000 after acquiring an additional 9,007 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Douglas Emmett by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock worth $1,538,000 after purchasing an additional 4,186 shares during the last quarter. Empowered Funds LLC raised its holdings in Douglas Emmett by 8.4% during the 1st quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock worth $385,000 after purchasing an additional 1,864 shares during the last quarter. Intech Investment Management LLC lifted its position in Douglas Emmett by 33.4% during the 1st quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock valued at $1,344,000 after purchasing an additional 21,035 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Douglas Emmett by 21.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 80,559 shares of the real estate investment trust’s stock valued at $1,212,000 after purchasing an additional 14,342 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Stock Performance

The firm’s 50-day moving average price is $10.67 and its 200 day moving average price is $12.72. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 105.18, a PEG ratio of 4.44 and a beta of 1.12. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.33 and a current ratio of 3.33.

Douglas Emmett (NYSE:DEI) last announced its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.35. The firm had revenue of $249.43 million for the quarter, compared to analysts’ expectations of $252.91 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.38 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, sell-side analysts anticipate that Douglas Emmett, Inc. will post 1.45 EPS for the current year.

Douglas Emmett Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Tuesday, March 31st. Douglas Emmett’s dividend payout ratio is currently 844.44%.

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.