Douglas Emmett (NYSE:DEI) Issues Earnings Results, Beats Estimates By $0.44 EPS

Douglas Emmett (NYSE:DEI - Get Free Report) released its earnings results on Tuesday. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.44, Zacks reports. Douglas Emmett had a net margin of 2.38% and a return on equity of 0.63%. Douglas Emmett updated its FY 2025 guidance to 1.420-1.480 EPS.

Douglas Emmett Stock Down 0.9 %

Shares of NYSE DEI traded down $0.16 during trading on Friday, reaching $17.63. 3,244,845 shares of the stock were exchanged, compared to its average volume of 2,051,030. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 135.63 and a beta of 1.11. The business's 50-day moving average price is $18.30 and its 200 day moving average price is $17.50. The company has a quick ratio of 4.09, a current ratio of 4.32 and a debt-to-equity ratio of 1.50. Douglas Emmett has a twelve month low of $12.35 and a twelve month high of $20.50.

Douglas Emmett Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend was Tuesday, December 31st. Douglas Emmett's dividend payout ratio (DPR) is 584.66%.

Analyst Upgrades and Downgrades

DEI has been the subject of several analyst reports. Jefferies Financial Group boosted their price target on Douglas Emmett from $17.00 to $18.00 and gave the company a "hold" rating in a report on Thursday, January 2nd. StockNews.com lowered Douglas Emmett from a "hold" rating to a "sell" rating in a research note on Thursday. Evercore ISI lifted their price target on Douglas Emmett from $16.00 to $19.00 and gave the company an "in-line" rating in a report on Thursday, November 7th. Piper Sandler raised shares of Douglas Emmett from a "neutral" rating to an "overweight" rating and set a $20.00 target price on the stock in a research report on Monday, January 13th. Finally, Wedbush raised shares of Douglas Emmett from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $19.00 to $21.00 in a research report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $18.75.

Douglas Emmett Company Profile

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.