Scotiabank Issues Pessimistic Forecast for Douglas Emmett (NYSE:DEI) Stock Price

Douglas Emmett (NYSE:DEI) had its price objective reduced by equities researchers at Scotiabank from $12.50 to $11.50 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price target points to a potential upside of 14.89% from the stock’s current price.

DEI has been the subject of several other reports. Cantor Fitzgerald reissued a “neutral” rating and issued a $11.00 price target on shares of Douglas Emmett in a report on Monday, January 5th. Wells Fargo & Company dropped 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. Evercore set a $12.00 target price on 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 note on Tuesday, February 17th. Finally, UBS Group cut Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th. 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $13.28.

Douglas Emmett Stock Up 3.0%

Shares of NYSE DEI opened at $10.01 on Monday. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 1.60. 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. Douglas Emmett has a 52 week low of $9.29 and a 52 week high of $17.42. The business has a 50-day simple moving average of $10.65 and a two-hundred day simple moving average of $12.69.

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 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 firm had revenue of $249.43 million for the quarter, compared to analysts’ expectations of $252.91 million. During the same period in the prior year, the business posted $0.38 earnings per share. The company’s revenue was up 1.8% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. Research analysts anticipate that Douglas Emmett will post 1.45 earnings per share for the current fiscal year.

Institutional Trading of Douglas Emmett

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