Douglas Emmett (NYSE:DEI – Get Free Report) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.
Several other equities analysts have also issued reports on the company. Citigroup upped their price target on Douglas Emmett from $10.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Evercore set a $14.00 price objective on shares of Douglas Emmett in a report on Monday, June 8th. Weiss Ratings upgraded shares of Douglas Emmett from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday. Piper Sandler increased their target price on Douglas Emmett from $11.00 to $14.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Finally, Cantor Fitzgerald upped their target price on Douglas Emmett from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Douglas Emmett currently has a consensus rating of “Hold” and a consensus price target of $13.57.
Get Our Latest Stock Report on Douglas Emmett
Douglas Emmett Trading Down 0.0%
Douglas Emmett (NYSE:DEI – Get Free Report) last posted its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. Douglas Emmett had a negative return on equity of 0.74% and a negative net margin of 2.59%.The business had revenue of $250.96 million during the quarter, compared to the consensus estimate of $251.11 million. During the same quarter last year, the company earned $0.40 EPS. Douglas Emmett’s revenue was down .4% on a year-over-year basis. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. On average, equities research analysts forecast that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Douglas Emmett
A number of institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its stake in Douglas Emmett by 43.4% in the 1st quarter. Royal Bank of Canada now owns 29,746 shares of the real estate investment trust’s stock valued at $476,000 after purchasing an additional 9,007 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Douglas Emmett by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 96,105 shares of the real estate investment trust’s stock worth $1,538,000 after buying an additional 4,186 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Douglas Emmett by 8.4% during the first quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock worth $385,000 after buying an additional 1,864 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of Douglas Emmett by 33.4% during the first quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock worth $1,344,000 after buying an additional 21,035 shares in the last quarter. Finally, Creative Planning increased its holdings in shares of Douglas Emmett by 6.7% during the second quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock worth $316,000 after buying an additional 1,317 shares in the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.
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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