Douglas Emmett, Inc. (NYSE:DEI) Receives $13.71 Consensus Target Price from Analysts

Douglas Emmett, Inc. (NYSE:DEI) has been assigned a consensus rating of “Hold” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $13.7143.

Several analysts have issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Evercore set a $14.00 price target on Douglas Emmett in a report on Monday, June 8th. Weiss Ratings raised Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, July 23rd. Cantor Fitzgerald upped their price target on Douglas Emmett from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Finally, Piper Sandler increased their price objective on Douglas Emmett from $11.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st.

Institutional Trading of Douglas Emmett

Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Douglas Emmett during the second quarter valued at approximately $287,803,000. State Street Corp lifted its position in Douglas Emmett by 1.0% in the 2nd quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock worth $148,593,000 after buying an additional 100,396 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Douglas Emmett by 2.5% during the 4th quarter. Wellington Management Group LLP now owns 7,142,978 shares of the real estate investment trust’s stock valued at $78,501,000 after buying an additional 171,208 shares during the period. Millennium Management LLC boosted its stake in shares of Douglas Emmett by 650.5% during the 4th quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock valued at $61,630,000 after buying an additional 4,860,682 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Douglas Emmett by 10.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust’s stock valued at $58,367,000 after acquiring an additional 506,108 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Douglas Emmett Stock Performance

Douglas Emmett stock opened at $11.58 on Tuesday. The firm’s 50 day simple moving average is $11.97 and its 200-day simple moving average is $11.14. The company has a market cap of $1.94 billion, a P/E ratio of -77.19, a price-to-earnings-growth ratio of 5.28 and a beta of 1.15. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.60 and a quick ratio of 2.60. Douglas Emmett has a fifty-two week low of $9.04 and a fifty-two week high of $16.99.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.38). Douglas Emmett had a negative net margin of 2.27% and a negative return on equity of 0.66%. The firm had revenue of $256.55 million during the quarter, compared to analysts’ expectations of $253.35 million. During the same quarter last year, the company posted $0.37 EPS. The firm’s revenue was up 2.0% compared to the same quarter last year. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. As a group, equities research analysts predict that Douglas Emmett will post 1.41 EPS for the current year.

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.