Douglas Emmett (NYSE:DEI) Price Target Cut to $11.00 by Analysts at Piper Sandler

Douglas Emmett (NYSE:DEI) had its price objective lowered by Piper Sandler from $14.00 to $11.00 in a research report report published on Tuesday morning, MarketBeat.com reports. The brokerage currently has a neutral rating on the real estate investment trust’s stock.

A number of other research firms also recently commented on DEI. Jefferies Financial Group reissued a “hold” rating on shares of Douglas Emmett in a report on Tuesday, November 11th. JPMorgan Chase & Co. dropped their target price on shares of Douglas Emmett from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, November 25th. Scotiabank decreased their price target on Douglas Emmett from $18.00 to $16.00 and set a “sector outperform” rating on the stock in a research note on Monday, November 17th. Weiss Ratings cut Douglas Emmett from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, January 12th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $11.00 price objective on shares of Douglas Emmett in a research note on Monday, January 5th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $14.25.

Douglas Emmett Stock Down 1.1%

Douglas Emmett stock opened at $10.00 on Tuesday. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.03. Douglas Emmett has a 1-year low of $9.53 and a 1-year high of $17.47. The company has a market cap of $1.67 billion, a PE ratio of 111.12 and a beta of 1.14. The stock’s 50 day moving average price is $10.92 and its 200 day moving average price is $13.01.

Douglas Emmett (NYSE:DEI) last released its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.35. The firm had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.Douglas Emmett’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. On average, sell-side analysts predict that Douglas Emmett will post 1.45 EPS for the current fiscal year.

Douglas Emmett Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 7.6%. The ex-dividend date was Wednesday, December 31st. Douglas Emmett’s payout ratio is currently 844.44%.

Hedge Funds Weigh In On Douglas Emmett

Several hedge funds have recently bought and sold shares of DEI. Royal Bank of Canada boosted its stake in shares of Douglas Emmett by 43.4% during the first quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock valued at $476,000 after acquiring an additional 9,007 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Douglas Emmett by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock valued at $1,538,000 after purchasing an additional 4,186 shares in the last quarter. Empowered Funds LLC lifted its holdings in Douglas Emmett by 8.4% in the 1st quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock valued at $385,000 after purchasing an additional 1,864 shares in the last quarter. Intech Investment Management LLC boosted its stake in shares of Douglas Emmett by 33.4% during the 1st quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock worth $1,344,000 after purchasing an additional 21,035 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in shares of Douglas Emmett by 20.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 32,971 shares of the real estate investment trust’s stock worth $496,000 after buying an additional 5,592 shares in 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.