Douglas Emmett (NYSE:DEI) Sets New 52-Week Low Following Analyst Downgrade

Douglas Emmett, Inc. (NYSE:DEI) reached a new 52-week low during mid-day 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. The stock had previously closed at $9.72.

Several other research firms have also recently weighed in on DEI. UBS Group cut Douglas Emmett to a “sector perform” rating in a research report on Wednesday, January 14th. Wells Fargo & Company dropped 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. Evercore set a $12.00 price target on Douglas Emmett in a research note on Wednesday, February 11th. Piper Sandler lowered 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. Finally, JPMorgan Chase & Co. dropped their target price on shares of Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Tuesday, November 25th. One research 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 MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $13.28.

Hedge Funds Weigh In On Douglas Emmett

Several institutional investors and hedge funds have recently modified their holdings of DEI. Millennium Management LLC boosted its stake in Douglas Emmett by 650.5% in the 4th 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 in the last quarter. Alyeska Investment Group L.P. raised 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 worth $39,619,000 after buying an additional 1,496,132 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Douglas Emmett by 93.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock worth $34,772,000 after buying an additional 1,117,668 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Douglas Emmett by 18.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock valued at $88,507,000 after buying an additional 899,233 shares during the last quarter. Finally, Centersquare Investment Management LLC increased its position in shares of Douglas Emmett by 54.7% during the fourth quarter. Centersquare Investment Management LLC now owns 2,539,450 shares of the real estate investment trust’s stock valued at $27,909,000 after acquiring an additional 897,630 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors.

Douglas Emmett Stock Up 3.0%

The company has a market cap of $1.68 billion, a P/E ratio of 111.23, a P/E/G ratio of 4.36 and a beta of 1.12. The company’s 50-day moving average is $10.65 and its two-hundred day moving average is $12.69. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.33.

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

Douglas Emmett Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Douglas Emmett’s dividend payout ratio (DPR) is presently 844.44%.

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.