Douglas Emmett (NYSE:DEI) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Douglas Emmett (NYSE:DEI) posted its earnings results on Tuesday. The real estate investment trust reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01, Zacks reports. Douglas Emmett had a net margin of 1.62% and a return on equity of 0.46%. The business had revenue of $250.96 million for the quarter, compared to analyst estimates of $251.11 million. During the same quarter in the prior year, the firm earned $0.40 EPS. The firm’s quarterly revenue was down .4% compared to the same quarter last year. Douglas Emmett updated its FY 2026 guidance to 1.390-1.45 EPS.

Douglas Emmett Trading Up 2.1%

DEI stock traded up $0.23 during midday trading on Tuesday, hitting $11.32. 2,871,649 shares of the company’s stock were exchanged, compared to its average volume of 2,622,709. Douglas Emmett has a one year low of $9.04 and a one year high of $16.99. The stock’s fifty day moving average price is $9.98 and its 200-day moving average price is $10.97. The company has a market cap of $1.90 billion, a PE 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.

Douglas Emmett Announces Dividend

The company 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. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend was Tuesday, March 31st. Douglas Emmett’s dividend payout ratio (DPR) is currently 844.44%.

Analysts Set New Price Targets

Several brokerages have issued reports on DEI. Scotiabank cut their price objective on Douglas Emmett from $12.50 to $11.50 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Weiss Ratings lowered Douglas Emmett from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday. Citigroup reduced their price target 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. Evercore set a $12.00 price objective on shares of Douglas Emmett in a report on Wednesday, February 11th. Finally, UBS Group cut shares of Douglas Emmett to a “sector perform” rating in a research report on Wednesday, January 14th. One 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.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $12.94.

Institutional Investors Weigh In On Douglas Emmett

Large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its stake in shares of 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 purchasing an additional 1,166 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Douglas Emmett in the third quarter valued at $32,000. Osaic Holdings Inc. increased its holdings in Douglas Emmett by 48.6% during the second quarter. Osaic Holdings Inc. now owns 9,896 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 3,237 shares during the last quarter. Corient Private Wealth LLC acquired a new position in shares of Douglas Emmett during the 2nd quarter worth about $157,000. Finally, Cibc World Markets Corp acquired a new position in shares of Douglas Emmett during the 4th quarter worth about $118,000. Institutional investors own 97.37% of the company’s stock.

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.