Douglas Emmett (NYSE:DEI – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.390-1.45 for the period, compared to the consensus EPS estimate of 1.410. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research firms have recently issued reports on DEI. Cantor Fitzgerald restated a “neutral” rating and issued a $11.00 price target on shares of Douglas Emmett in a research report on Monday, January 5th. Scotiabank reduced their price target on shares of Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating on the stock in a research report on Monday, March 2nd. Evercore set a $12.00 price objective on shares of Douglas Emmett in a research report on Wednesday, February 11th. Citigroup cut their price objective on shares of Douglas Emmett from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Finally, Piper Sandler cut their price objective on shares of Douglas Emmett from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Douglas Emmett has an average rating of “Hold” and an average price target of $12.94.
Read Our Latest Stock Analysis on Douglas Emmett
Douglas Emmett Stock Performance
Douglas Emmett (NYSE:DEI – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.03. The firm had revenue of $250.96 million for the quarter, compared to the consensus estimate of $251.11 million. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. Douglas Emmett has set its FY 2026 guidance at 1.390-1.45 EPS. On average, research analysts expect that Douglas Emmett will post 1.41 earnings per share for the current fiscal year.
Douglas Emmett Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.76 annualized dividend and a yield of 6.7%. Douglas Emmett’s dividend payout ratio (DPR) is presently 844.44%.
Hedge Funds Weigh In On Douglas Emmett
Several hedge funds have recently made changes to their positions in the business. State Street Corp grew its stake in shares of Douglas Emmett by 1.0% in the 2nd quarter. State Street Corp now owns 9,759,702 shares of the real estate investment trust’s stock worth $148,593,000 after purchasing an additional 100,396 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Douglas Emmett by 2.5% in the fourth quarter. Wellington Management Group LLP now owns 7,142,978 shares of the real estate investment trust’s stock worth $78,501,000 after acquiring an additional 171,208 shares in the last quarter. Millennium Management LLC increased its position in shares of Douglas Emmett by 650.5% in the fourth quarter. Millennium Management LLC now owns 5,607,861 shares of the real estate investment trust’s stock worth $61,630,000 after acquiring an additional 4,860,682 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Douglas Emmett by 10.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,310,925 shares of the real estate investment trust’s stock worth $58,367,000 after acquiring an additional 506,108 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Douglas Emmett by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 4,291,907 shares of the real estate investment trust’s stock worth $47,174,000 after acquiring an additional 23,653 shares in the last quarter. Institutional investors and hedge funds own 97.37% of the company’s stock.
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.
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