FY2025 EPS Estimates for Douglas Emmett Raised by Wedbush

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

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, February 4th. 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. Douglas Emmett had a net margin of 2.38% and a return on equity of 0.63%.

Several other brokerages also recently weighed in on DEI. Evercore ISI boosted 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. Jefferies Financial Group upped their target price on Douglas Emmett from $17.00 to $18.00 and gave the company a “hold” rating in a research note on Thursday, January 2nd. StockNews.com lowered Douglas Emmett from a “hold” rating to a “sell” rating in a research note on Thursday, February 6th. Piper Sandler upgraded Douglas Emmett from a “neutral” rating to an “overweight” rating and set a $20.00 price target for the company in a report on Monday, January 13th. Finally, Scotiabank upgraded shares of Douglas Emmett from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the stock from $16.00 to $21.00 in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Douglas Emmett currently has a consensus rating of “Hold” and an average price target of $18.75.

Douglas Emmett Stock Performance

Shares of DEI opened at $16.98 on Thursday. Douglas Emmett has a 1 year low of $12.35 and a 1 year high of $20.50. The company’s 50 day simple moving average is $18.22 and its 200 day simple moving average is $17.56. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 130.63 and a beta of 1.11. The company has a debt-to-equity ratio of 1.50, a quick ratio of 4.09 and a current ratio of 4.32.

Institutional Trading of Douglas Emmett

Institutional investors have recently added to or reduced their stakes in the business. Venturi Wealth Management LLC purchased a new stake in shares of Douglas Emmett in the third quarter worth about $48,000. Blue Trust Inc. increased its position in shares of Douglas Emmett by 1,081.5% in the 3rd quarter. Blue Trust Inc. now owns 3,710 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 3,396 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Douglas Emmett by 44.6% in the 3rd quarter. GAMMA Investing LLC now owns 3,811 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 1,175 shares in the last quarter. Raleigh Capital Management Inc. raised its stake in shares of Douglas Emmett by 62.0% in the 3rd quarter. Raleigh Capital Management Inc. now owns 3,856 shares of the real estate investment trust’s stock valued at $68,000 after purchasing an additional 1,476 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Douglas Emmett by 222.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,252 shares of the real estate investment trust’s stock worth $79,000 after purchasing an additional 2,933 shares during the last quarter. 97.37% of the stock is owned by hedge funds and other institutional investors.

Douglas Emmett Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.76 annualized dividend and a yield of 4.48%. Douglas Emmett’s dividend payout ratio is currently 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.