Douglas Emmett (NYSE:DEI) Releases Earnings Results, Beats Expectations By $0.01 EPS

Douglas Emmett (NYSE:DEI – Get Free Report) released its quarterly earnings results on Tuesday. The real estate investment trust reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.01, FiscalAI reports. The business had revenue of $256.55 million for the quarter, compared to analysts’ expectations of $253.35 million. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%. Douglas Emmett updated its FY 2026 guidance to 1.390-1.430 EPS.

Douglas Emmett Stock Performance

Douglas Emmett stock traded up $0.07 during mid-day trading on Tuesday, reaching $11.97. The company’s stock had a trading volume of 1,977,017 shares, compared to its average volume of 2,536,395. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of -70.42, a PEG ratio of 6.15 and a beta of 1.15. The business has a 50 day moving average price of $12.04 and a 200-day moving average price of $10.99. The company has a current ratio of 2.63, a quick ratio of 2.63 and a debt-to-equity ratio of 1.62. Douglas Emmett has a twelve month low of $9.04 and a twelve month high of $16.99.

Get Douglas Emmett alerts:

Douglas Emmett Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.19 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.76 annualized dividend and a yield of 6.3%. Douglas Emmett’s dividend payout ratio (DPR) is -447.06%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Citigroup lifted their price objective on Douglas Emmett from $10.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Evercore set a $14.00 price target on shares of Douglas Emmett in a research note on Monday, June 8th. Cantor Fitzgerald upped their price target on shares of Douglas Emmett from $11.00 to $12.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Scotiabank upped their price target on shares of Douglas Emmett from $12.00 to $13.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company increased their price objective 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. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Douglas Emmett currently has a consensus rating of “Hold” and a consensus price target of $13.57.

View Our Latest Stock Report on DEI

Institutional Trading of Douglas Emmett

Institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Douglas Emmett by 220.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,166 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Douglas Emmett during the third quarter worth about $32,000. Cibc World Markets Corp bought a new position in Douglas Emmett in the fourth quarter worth about $118,000. Royal Bank of Canada lifted its holdings in Douglas Emmett by 93.2% in the fourth quarter. Royal Bank of Canada now owns 12,827 shares of the real estate investment trust’s stock worth $142,000 after acquiring an additional 6,187 shares during the last quarter. Finally, Federation des caisses Desjardins du Quebec boosted its stake in Douglas Emmett by 27.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 12,945 shares of the real estate investment trust’s stock valued at $142,000 after acquiring an additional 2,783 shares during the period. 97.37% of the stock is owned by institutional investors and hedge funds.

About Douglas Emmett

(Get Free Report)

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.

Featured Articles

• Five stocks we like better than Douglas Emmett
• System Upgrade: First Internet Bancorp Options Surge
• AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
• The AI Chip Blockade Is Creating a Shadow Market
• Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter

Receive News & Ratings for Douglas Emmett Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Douglas Emmett and related companies with MarketBeat.com's FREE daily email newsletter.