Douglas Emmett (NYSE:DEI) Posts Quarterly Earnings Results

Douglas Emmett (NYSE:DEI) released its quarterly earnings data on Tuesday. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38), FiscalAI reports. Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The company had revenue of $256.55 million for the quarter, compared to the consensus estimate of $253.35 million. During the same period last year, the company earned $0.37 EPS. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Douglas Emmett updated its FY 2026 guidance to 1.390-1.430 EPS.

Douglas Emmett Stock Performance

DEI stock traded down $0.20 during trading on Thursday, reaching $11.60. The company had a trading volume of 841,039 shares, compared to its average volume of 2,532,666. The firm has a 50-day simple moving average of $12.06 and a 200-day simple moving average of $11.00. The company has a market cap of $1.94 billion, a price-to-earnings ratio of -77.36, a price-to-earnings-growth ratio of 6.23 and a beta of 1.15. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.63 and a current ratio of 2.63. Douglas Emmett has a twelve month low of $9.04 and a twelve month high of $16.99.

Douglas Emmett Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Douglas Emmett’s dividend payout ratio (DPR) is presently -447.06%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DEI. Cantor Fitzgerald upped their price target on shares of Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Wall Street Zen cut Douglas Emmett from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. Citigroup upped their price objective on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Scotiabank lifted their target price on Douglas Emmett from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 21st. Finally, Evercore set a $14.00 price target on shares of Douglas Emmett in a report on Monday, June 8th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Douglas Emmett has an average rating of “Hold” and a consensus price target of $13.57.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Millennium Management LLC raised its holdings in shares of Douglas Emmett by 650.5% during the fourth quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock worth $61,630,000 after purchasing an additional 4,860,682 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings 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 during the last quarter. Marshall Wace LLP grew its position in Douglas Emmett by 1,195.2% during the 4th quarter. Marshall Wace LLP now owns 933,067 shares of the real estate investment trust’s stock worth $10,254,000 after purchasing an additional 861,024 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new stake in Douglas Emmett during the 3rd quarter worth about $11,399,000. Finally, Invesco Ltd. raised its stake in shares of Douglas Emmett by 128.5% during the 4th quarter. Invesco Ltd. now owns 1,071,728 shares of the real estate investment trust’s stock valued at $11,778,000 after buying an additional 602,687 shares during the last quarter. Hedge funds and other 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.