Brokers Offer Predictions for Douglas Emmett FY2025 Earnings

Douglas Emmett, Inc. (NYSE:DEI) – Stock analysts at Wedbush upped their FY2025 earnings per share (EPS) estimates for Douglas Emmett in a research note 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.

Several other analysts also recently weighed in on the stock. Evercore ISI lifted their target price on shares of Douglas Emmett from $16.00 to $19.00 and gave the company an “in-line” rating in a report on Thursday, November 7th. Scotiabank raised Douglas Emmett from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the company from $16.00 to $21.00 in a report on Thursday, November 14th. Janney Montgomery Scott reissued a “neutral” rating on shares of Douglas Emmett in a research note on Wednesday, January 15th. Piper Sandler raised 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, Jefferies Financial Group upped 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. One 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 data from MarketBeat, the company has an average rating of “Hold” and an average target price of $18.75.

Douglas Emmett Stock Performance

Shares of DEI opened at $16.98 on Thursday. The stock has a market capitalization of $2.84 billion, a P/E 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. Douglas Emmett has a 1 year low of $12.35 and a 1 year high of $20.50. The company’s fifty day moving average is $18.22 and its two-hundred day moving average is $17.56.

Douglas Emmett (NYSE:DEI) last announced its earnings results on Tuesday, February 4th. The real estate investment trust reported $0.38 earnings per share for the quarter, beating 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%.

Douglas Emmett Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.19 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.76 annualized dividend and a yield of 4.48%. Douglas Emmett’s dividend payout ratio is presently 584.66%.

Institutional Trading of Douglas Emmett

A number of institutional investors have recently bought and sold shares of DEI. Geode Capital Management LLC raised its stake in shares of Douglas Emmett by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 4,171,839 shares of the real estate investment trust’s stock worth $73,312,000 after buying an additional 26,961 shares during the last quarter. KBC Group NV increased its holdings in Douglas Emmett by 41.1% during the 4th quarter. KBC Group NV now owns 6,926 shares of the real estate investment trust’s stock valued at $129,000 after acquiring an additional 2,018 shares in the last quarter. Intech Investment Management LLC purchased a new position in Douglas Emmett during the 3rd quarter valued at about $650,000. Charles Schwab Investment Management Inc. raised its position in Douglas Emmett by 3.5% during the third 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 during the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of Douglas Emmett by 43.0% in the third quarter. Citigroup Inc. now owns 227,814 shares of the real estate investment trust’s stock valued at $4,003,000 after purchasing an additional 68,507 shares in the last quarter. 97.37% of the stock is currently owned by hedge funds and other institutional investors.

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.