Brokers Offer Predictions for Douglas Emmett FY2025 Earnings

Douglas Emmett, Inc. (NYSE:DEI - Free Report) - Equities researchers at Wedbush raised their FY2025 earnings per share (EPS) estimates for Douglas Emmett in a research report issued to clients and investors on Monday, February 10th. Wedbush analyst R. Anderson now anticipates that the real estate investment trust will post earnings of $1.44 per share for the year, up from their prior forecast of $1.43. Wedbush currently has a "Outperform" rating and a $21.00 target price on the stock. The consensus estimate for Douglas Emmett's current full-year earnings is $1.44 per share.

Several other equities analysts have also weighed in on DEI. Janney Montgomery Scott restated a "neutral" rating on shares of Douglas Emmett in a report on Wednesday, January 15th. StockNews.com cut Douglas Emmett from a "hold" rating to a "sell" rating in a research note on Thursday, February 6th. Scotiabank upgraded Douglas Emmett from a "sector perform" rating to a "sector outperform" rating and increased their target price for the company from $16.00 to $21.00 in a research note on Thursday, November 14th. Piper Sandler upgraded Douglas Emmett from a "neutral" rating to an "overweight" rating and set a $20.00 target price on the stock in a report on Monday, January 13th. Finally, Jefferies Financial Group increased their price objective on shares of Douglas Emmett from $17.00 to $18.00 and gave the company a "hold" rating in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $18.75.

Douglas Emmett Trading Down 0.7 %

Shares of DEI traded down $0.13 during mid-day trading on Thursday, reaching $16.99. The company had a trading volume of 1,806,058 shares, compared to its average volume of 2,051,030. The firm has a fifty day simple moving average of $18.08 and a 200-day simple moving average of $17.58. Douglas Emmett has a fifty-two week low of $12.50 and a fifty-two week high of $20.50. The company has a current ratio of 4.32, a quick ratio of 4.09 and a debt-to-equity ratio of 1.50. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 130.73 and a beta of 1.11.

Douglas Emmett (NYSE:DEI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The real estate investment trust reported $0.38 earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.44. Douglas Emmett had a net margin of 2.38% and a return on equity of 0.63%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in shares of Douglas Emmett by 0.7% during the third quarter. Geode Capital Management LLC now owns 4,171,839 shares of the real estate investment trust's stock worth $73,312,000 after purchasing an additional 26,961 shares during the last quarter. KBC Group NV raised its stake in Douglas Emmett by 41.1% during the fourth quarter. KBC Group NV now owns 6,926 shares of the real estate investment trust's stock valued at $129,000 after buying an additional 2,018 shares in the last quarter. Intech Investment Management LLC acquired a new position in shares of Douglas Emmett in the 3rd quarter worth approximately $650,000. Charles Schwab Investment Management Inc. grew its position in shares of Douglas Emmett by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,797,822 shares of the real estate investment trust's stock worth $66,728,000 after acquiring an additional 127,274 shares in the last quarter. Finally, Citigroup Inc. increased its holdings in shares of Douglas Emmett by 43.0% in the 3rd quarter. Citigroup Inc. now owns 227,814 shares of the real estate investment trust's stock valued at $4,003,000 after acquiring an additional 68,507 shares during the last quarter. 97.37% of the stock is owned by institutional investors and hedge funds.

Douglas Emmett Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.76 annualized dividend and a yield of 4.47%. Douglas Emmett's dividend payout ratio is presently 584.66%.

About Douglas Emmett

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.