FY2025 EPS Estimates for Douglas Emmett Increased by Wedbush

Douglas Emmett, Inc. (NYSE:DEI) – Equities researchers at Wedbush lifted their FY2025 earnings per share estimates for shares of Douglas Emmett in a note issued to investors on Monday, February 10th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings per share of $1.44 for the year, up from their previous forecast of $1.43. Wedbush 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 posted its quarterly earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.44. Douglas Emmett had a return on equity of 0.63% and a net margin of 2.38%.

Several other equities research analysts have also recently weighed in on DEI. Jefferies Financial Group increased their price objective on Douglas Emmett from $17.00 to $18.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Janney Montgomery Scott reiterated a “neutral” rating on shares of Douglas Emmett in a report on Wednesday, January 15th. Piper Sandler upgraded Douglas Emmett from a “neutral” rating to an “overweight” rating and set a $20.00 price objective for the company in a report on Monday, January 13th. Evercore ISI increased their price objective on Douglas Emmett from $16.00 to $19.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Finally, StockNews.com cut Douglas Emmett from a “hold” rating to a “sell” rating in a report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $18.75.

Douglas Emmett Price Performance

DEI opened at $17.10 on Thursday. Douglas Emmett has a 1 year low of $12.50 and a 1 year high of $20.50. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.32 and a quick ratio of 4.09. The stock’s 50 day simple moving average is $18.17 and its 200 day simple moving average is $17.55. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 131.51 and a beta of 1.11.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DEI. Venturi Wealth Management LLC purchased a new position in Douglas Emmett during the third quarter valued at $48,000. Blue Trust Inc. raised its stake in Douglas Emmett by 1,081.5% during the third quarter. Blue Trust Inc. now owns 3,710 shares of the real estate investment trust’s stock valued at $65,000 after buying an additional 3,396 shares during the last quarter. GAMMA Investing LLC raised its stake in Douglas Emmett by 44.6% during the third quarter. GAMMA Investing LLC now owns 3,811 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 1,175 shares during the last quarter. Raleigh Capital Management Inc. raised its stake in Douglas Emmett by 62.0% during the third quarter. Raleigh Capital Management Inc. now owns 3,856 shares of the real estate investment trust’s stock valued at $68,000 after buying an additional 1,476 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in 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 valued at $79,000 after buying an additional 2,933 shares during the last quarter. Hedge funds and other institutional investors own 97.37% of the company’s stock.

Douglas Emmett Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date was Tuesday, December 31st. Douglas Emmett’s payout ratio is presently 584.66%.

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.