Douglas Emmett (NYSE:DEI) Price Target Raised to $14.00 at Wells Fargo & Company

Douglas Emmett (NYSE:DEI) had its price target boosted by research analysts at Wells Fargo & Company from $13.00 to $14.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price target points to a potential upside of 18.90% from the stock’s previous close.

A number of other research firms also recently issued reports on DEI. Evercore set a $12.00 price target on shares of Douglas Emmett in a research report on Wednesday, February 11th. Piper Sandler decreased their target price on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. Citigroup raised their price target on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Weiss Ratings lowered shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Finally, Scotiabank lifted their target price on shares of Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $13.25.

Douglas Emmett Price Performance

DEI stock traded up $0.14 on Monday, reaching $11.78. 733,427 shares of the company’s stock were exchanged, compared to its average volume of 2,673,152. The stock has a fifty day moving average of $10.59 and a 200-day moving average of $10.82. The firm has a market cap of $1.97 billion, a PE ratio of -69.26, a P/E/G ratio of 6.07 and a beta of 1.14. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62. Douglas Emmett has a twelve month low of $9.04 and a twelve month high of $16.99.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.The company had revenue of $250.96 million during the quarter, compared to the consensus estimate of $251.11 million. During the same quarter last year, the company earned $0.40 earnings per share. Douglas Emmett’s quarterly revenue was down .4% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. As a group, equities analysts predict that Douglas Emmett will post 1.41 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in shares of Douglas Emmett by 34.6% during the 1st quarter. Bank of America Corp DE now owns 918,712 shares of the real estate investment trust’s stock valued at $8,654,000 after buying an additional 236,105 shares during the period. Amundi boosted its holdings in Douglas Emmett by 2.4% in the 1st quarter. Amundi now owns 117,918 shares of the real estate investment trust’s stock worth $1,111,000 after acquiring an additional 2,754 shares during the period. California State Teachers Retirement System grew its position in Douglas Emmett by 29.1% in the first quarter. California State Teachers Retirement System now owns 206,486 shares of the real estate investment trust’s stock valued at $1,945,000 after acquiring an additional 46,596 shares in the last quarter. Quantinno Capital Management LP grew its position in Douglas Emmett by 52.4% in the first quarter. Quantinno Capital Management LP now owns 377,327 shares of the real estate investment trust’s stock valued at $3,554,000 after acquiring an additional 129,785 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Douglas Emmett by 42.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,248,144 shares of the real estate investment trust’s stock valued at $30,598,000 after purchasing an additional 962,787 shares during the period. Hedge funds and other 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.