Douglas Emmett (NYSE:DEI) Announces Quarterly Earnings Results

Douglas Emmett (NYSE:DEI) announced its earnings results on Tuesday. The real estate investment trust reported $0.38 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.44, Zacks reports. Douglas Emmett had a negative net margin of 1.68% and a negative return on equity of 0.43%. Douglas Emmett updated its FY 2025 guidance to 1.420-1.480 EPS.

Douglas Emmett Price Performance

Shares of NYSE:DEI opened at $17.86 on Thursday. The firm’s fifty day moving average is $18.40 and its 200-day moving average is $17.48. The company has a debt-to-equity ratio of 1.51, a quick ratio of 4.09 and a current ratio of 4.09. The firm has a market cap of $2.99 billion, a PE ratio of -179.16 and a beta of 1.11. Douglas Emmett has a 52 week low of $12.35 and a 52 week high of $20.50.

Douglas Emmett Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.19 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.26%. Douglas Emmett’s dividend payout ratio (DPR) is presently 584.62%.

Analyst Upgrades and Downgrades

DEI has been the topic of a number of recent research reports. Janney Montgomery Scott reaffirmed a “neutral” rating on shares of Douglas Emmett in a research report on Wednesday, January 15th. Jefferies Financial Group boosted their target price on shares of Douglas Emmett from $17.00 to $18.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Scotiabank upgraded shares of Douglas Emmett from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $16.00 to $21.00 in a report on Thursday, November 14th. Evercore ISI boosted their price target on Douglas Emmett from $16.00 to $19.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Finally, Wedbush raised Douglas Emmett from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $19.00 to $21.00 in a research report on Thursday, January 2nd. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $18.75.

About Douglas Emmett

Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.