Douglas Emmett (NYSE:DEI) Releases Earnings Results, Beats Expectations By $0.44 EPS

Douglas Emmett (NYSE:DEI) announced its quarterly 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 negative return on equity of 0.43% and a negative net margin of 1.68%. Douglas Emmett updated its FY 2025 guidance to 1.420-1.480 EPS.

Douglas Emmett Price Performance

DEI stock traded down $0.69 during mid-day trading on Wednesday, reaching $17.21. The company’s stock had a trading volume of 22,864 shares, compared to its average volume of 1,790,442. The stock has a market cap of $2.88 billion, a PE ratio of -172.77 and a beta of 1.11. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 1.51. Douglas Emmett has a fifty-two week low of $12.35 and a fifty-two week high of $20.50. The company’s 50 day moving average is $18.40 and its two-hundred day moving average is $17.48.

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 paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date was Tuesday, December 31st. Douglas Emmett’s dividend payout ratio is presently -760.00%.

Wall Street Analysts Forecast Growth

DEI has been the subject of a number of recent research reports. Evercore ISI boosted their price objective on shares of Douglas Emmett from $16.00 to $19.00 and gave the stock an “in-line” rating in a research note on Thursday, November 7th. Jefferies Financial Group upped their price target on Douglas Emmett from $17.00 to $18.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Janney Montgomery Scott reissued a “neutral” rating on shares of Douglas Emmett in a research report on Wednesday, January 15th. Wedbush raised Douglas Emmett from a “neutral” rating to an “outperform” rating and upped their target price for the company from $19.00 to $21.00 in a research report on Thursday, January 2nd. Finally, Scotiabank raised Douglas Emmett from a “sector perform” rating to a “sector outperform” rating and upped their target price for the company from $16.00 to $21.00 in a research report on Thursday, November 14th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $18.75.

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.