Douglas Emmett (NYSE:DEI) Sets New 1-Year Low – Should You Sell?

Douglas Emmett, Inc. (NYSE:DEI) hit a new 52-week low on Thursday . The company traded as low as $9.04 and last traded at $9.1240, with a volume of 148251 shares trading hands. The stock had previously closed at $9.23.

Analyst Ratings Changes

A number of analysts have recently weighed in on DEI shares. UBS Group lowered shares of Douglas Emmett to a “sector perform” rating in a research note on Wednesday, January 14th. Evercore set a $12.00 target price on Douglas Emmett in a report on Wednesday, February 11th. Citigroup cut their target price on Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. 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 report on Tuesday, February 17th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $11.00 target price on shares of Douglas Emmett in a research note on Monday, January 5th. One equities 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. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $12.94.

Douglas Emmett Stock Down 0.1%

The company has a market cap of $1.56 billion, a price-to-earnings ratio of 103.29, a P/E/G ratio of 4.17 and a beta of 1.11. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 1.60. The business has a fifty day moving average price of $10.00 and a two-hundred day moving average price of $11.73.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.35. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The company had revenue of $249.43 million during the quarter, compared to the consensus estimate of $252.91 million. During the same quarter in the prior year, the firm earned $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. On average, equities analysts predict that Douglas Emmett, Inc. will post 1.45 earnings per share for the current year.

Douglas Emmett Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a $0.19 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.76 dividend on an annualized basis and a yield of 8.2%. Douglas Emmett’s payout ratio is 844.44%.

Institutional Trading of Douglas Emmett

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp boosted its position in Douglas Emmett by 1.0% during the second quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock worth $148,593,000 after purchasing an additional 100,396 shares during the period. Wellington Management Group LLP lifted its stake in shares of Douglas Emmett by 2.5% in the fourth quarter. Wellington Management Group LLP now owns 7,142,978 shares of the real estate investment trust’s stock valued at $78,501,000 after buying an additional 171,208 shares during the period. Massachusetts Financial Services Co. MA increased its stake in 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 acquiring an additional 899,233 shares during the period. Millennium Management LLC lifted its position in shares of 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 acquiring an additional 4,860,682 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of Douglas Emmett by 10.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust’s stock valued at $58,367,000 after purchasing an additional 506,108 shares during the period. Institutional investors and hedge funds 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.