Douglas Emmett (NYSE:DEI – Get Free Report) issued its earnings results on Tuesday. The real estate investment trust reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.03, FiscalAI reports. Douglas Emmett had a return on equity of 0.46% and a net margin of 1.62%.The business had revenue of $250.96 million during the quarter, compared to analyst estimates of $251.11 million. Douglas Emmett updated its FY 2026 guidance to 1.390-1.45 EPS.
Douglas Emmett Stock Performance
Shares of NYSE DEI traded up $0.23 during midday trading on Tuesday, hitting $11.32. 2,871,649 shares of the company’s stock traded hands, compared to its average volume of 2,622,709. Douglas Emmett has a 1 year low of $9.04 and a 1 year high of $16.99. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 125.79, a price-to-earnings-growth ratio of 4.91 and a beta of 1.14. The company has a debt-to-equity ratio of 1.60, a quick ratio of 3.33 and a current ratio of 3.33. The firm has a fifty day moving average of $9.96 and a 200 day moving average of $10.99.
Douglas Emmett Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given 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 dividend yield of 6.7%. Douglas Emmett’s dividend payout ratio is presently 844.44%.
Analyst Ratings Changes
View Our Latest Research Report on DEI
Institutional Investors Weigh In On Douglas Emmett
Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada increased its holdings 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 worth $476,000 after acquiring an additional 9,007 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Douglas Emmett by 4.6% in the 1st 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 acquiring an additional 4,186 shares in the last quarter. Empowered Funds LLC increased its holdings in Douglas Emmett by 8.4% in the 1st quarter. Empowered Funds LLC now owns 24,086 shares of the real estate investment trust’s stock worth $385,000 after acquiring an additional 1,864 shares in the last quarter. Intech Investment Management LLC increased its holdings in Douglas Emmett by 33.4% in the 1st quarter. Intech Investment Management LLC now owns 83,994 shares of the real estate investment trust’s stock worth $1,344,000 after acquiring an additional 21,035 shares in the last quarter. Finally, Creative Planning increased its holdings in Douglas Emmett by 6.7% in the 2nd quarter. Creative Planning now owns 21,024 shares of the real estate investment trust’s stock worth $316,000 after acquiring an additional 1,317 shares in the last quarter. 97.37% of the stock is currently owned by hedge funds and other institutional investors.
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.
Further Reading
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