Douglas Emmett (NYSE:DEI) Hits New 12-Month Low – Should You Sell?

Shares of Douglas Emmett, Inc. (NYSE:DEI) hit a new 52-week low on Thursday . The stock traded as low as $9.04 and last traded at $9.1240, with a volume of 148251 shares traded. The stock had previously closed at $9.23.

Analyst Ratings Changes

DEI has been the topic of several recent analyst reports. UBS Group lowered shares of Douglas Emmett to a “sector perform” rating in a report on Wednesday, January 14th. Evercore set a $12.00 price target on Douglas Emmett in a research note on Wednesday, February 11th. Citigroup lowered their price target on Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Scotiabank dropped their price objective on Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a research note on Monday, March 2nd. Finally, Piper Sandler cut their price objective on Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.94.

Douglas Emmett Stock Performance

The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 102.49, a PEG ratio of 4.23 and a beta of 1.11. The firm has a 50 day moving average price of $10.06 and a 200-day moving average price of $11.80. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.33 and a quick ratio of 3.33.

Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, February 10th. The real estate investment trust reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35. The firm had revenue of $249.43 million during the quarter, compared to analysts’ expectations of $252.91 million. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.Douglas Emmett’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.450 EPS. As a group, sell-side analysts expect that Douglas Emmett, Inc. will post 1.45 earnings per share for the current fiscal year.

Douglas Emmett Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Tuesday, March 31st. Douglas Emmett’s dividend payout ratio is presently 844.44%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA increased its holdings in Douglas Emmett by 18.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,684,450 shares of the real estate investment trust’s stock valued at $88,507,000 after buying an additional 899,233 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Douglas Emmett by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,718,393 shares of the real estate investment trust’s stock worth $26,755,000 after buying an additional 135,622 shares during the last quarter. Capital Fund Management S.A. acquired a new position in shares of Douglas Emmett during the 2nd quarter worth about $1,987,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Douglas Emmett by 93.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,311,991 shares of the real estate investment trust’s stock valued at $34,772,000 after acquiring an additional 1,117,668 shares during the last quarter. Finally, Nebula Research & Development LLC increased its holdings in shares of Douglas Emmett by 368.3% in the 2nd quarter. Nebula Research & Development LLC now owns 199,291 shares of the real estate investment trust’s stock valued at $2,997,000 after acquiring an additional 156,738 shares during the last quarter. Hedge funds and other institutional investors own 97.37% of the company’s stock.

About Douglas Emmett

Douglas Emmett, Inc is a publicly traded real estate investment trust headquartered in Santa Monica, California. The company specializes in the ownership, management and development of high?quality office and multifamily properties, primarily concentrated in the coastal regions of Los Angeles County and the Greater Honolulu area. As a vertically integrated real estate platform, Douglas Emmett controls all aspects of property operations, leasing, capital improvements and tenant relations, positioning it to deliver stable, long?term cash flows.

The company’s office portfolio consists predominantly of Class A buildings located in prime business districts, featuring modern amenities, campus-like settings and environmentally conscious design elements.