Douglas Emmett (NYSE:DEI – Get Free Report) had its target price lifted by research analysts at JPMorgan Chase & Co. from $15.00 to $16.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 49.05% from the company’s previous close.
DEI has been the subject of several other reports. Cantor Fitzgerald upped their target price on Douglas Emmett from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Wall Street Zen upgraded Douglas Emmett from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Wells Fargo & Company upped their price objective on shares of Douglas Emmett from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Piper Sandler raised their target price on shares of Douglas Emmett from $11.00 to $14.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Finally, Evercore set a $14.00 price target on shares of Douglas Emmett in a report on Monday, June 8th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $13.71.
Check Out Our Latest Analysis on Douglas Emmett
Douglas Emmett Trading Down 4.2%
Douglas Emmett (NYSE:DEI – Get Free Report) last issued its earnings results on Tuesday, August 4th. The real estate investment trust reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.38). The company 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 0.66% and a negative net margin of 2.27%.The business’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the business posted $0.37 earnings per share. Douglas Emmett has set its FY 2026 guidance at 1.390-1.430 EPS. On average, sell-side analysts anticipate that Douglas Emmett will post 1.41 earnings per share for the current year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in Douglas Emmett by 220.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,694 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 1,166 shares during the last quarter. Advisory Services Network LLC purchased a new position in Douglas Emmett in the third quarter worth $32,000. Transamerica Financial Advisors LLC purchased a new position in Douglas Emmett in the second quarter worth $38,000. Nykredit A S acquired a new position in shares of Douglas Emmett during the second quarter worth $42,000. Finally, Hantz Financial Services Inc. increased its position in shares of Douglas Emmett by 98.7% during the fourth quarter. Hantz Financial Services Inc. now owns 5,209 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 2,588 shares in the last quarter. Institutional investors own 97.37% of the company’s stock.
Douglas Emmett Company Profile
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.
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