Douglas Emmett (NYSE:DEI) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Douglas Emmett, Inc. (NYSE:DEI)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.83 and traded as high as $11.87. Douglas Emmett shares last traded at $11.7250, with a volume of 1,471,396 shares trading hands.

Analyst Ratings Changes

Several analysts have recently weighed in on DEI shares. Evercore set a $14.00 price target on shares of Douglas Emmett in a research note on Monday, June 8th. Weiss Ratings lowered shares of Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Wells Fargo & Company upped their price objective on Douglas Emmett from $13.00 to $14.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Scotiabank increased their price objective on Douglas Emmett from $11.50 to $12.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. Finally, Citigroup raised their target price on Douglas Emmett from $10.00 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, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Douglas Emmett presently has an average rating of “Hold” and a consensus price target of $13.50.

Douglas Emmett Trading Down 1.5%

The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of -67.74, a PEG ratio of 6.10 and a beta of 1.16. The business’s 50-day simple moving average is $11.51 and its two-hundred day simple moving average is $10.82. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.62.

Douglas Emmett (NYSE:DEI) last issued its quarterly earnings data 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. The firm had revenue of $250.96 million for the quarter, compared to analyst estimates of $251.11 million. Douglas Emmett had a negative net margin of 2.59% and a negative return on equity of 0.74%. The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.40 EPS. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. Equities analysts forecast that Douglas Emmett, Inc. will post 1.41 earnings per share for the current year.

Douglas Emmett Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Tuesday, June 30th. Douglas Emmett’s dividend payout ratio is -447.06%.

Institutional Investors Weigh In On Douglas Emmett

A number of institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in 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 worth $25,000 after acquiring an additional 1,166 shares in the last quarter. Advisory Services Network LLC acquired a new position in Douglas Emmett in the 3rd quarter valued at about $32,000. Mirae Asset Global Investments Co. Ltd. grew its position in Douglas Emmett by 33.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,894 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 1,226 shares in the last quarter. Hantz Financial Services Inc. increased its stake in 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 during the period. Finally, Frazier Financial Advisors LLC increased its stake in Douglas Emmett by 47.0% during the fourth quarter. Frazier Financial Advisors LLC now owns 5,456 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,745 shares during the period. 97.37% of the stock is owned by institutional investors and hedge funds.

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.