Douglas Emmett Inc. [NYSE: DEI] plunged by -$0.37 during the normal trading session on Tuesday and reaching a high of $34.19 during the day while it closed the day at $33.64. The company report on May 28, 2021 that Douglas Emmett Declares Quarterly Cash Dividend.
Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on July 15, 2021 to shareholders of record as of June 30, 2021.
About Douglas Emmett, Inc.
Douglas Emmett Inc. stock has also loss -3.69% of its value over the past 7 days. However, DEI stock has inclined by 3.99% in the 3 months of the year. Over the past six months meanwhile, it has gained 13.61% and gained 15.28% year-on date.
The market cap for DEI stock reached $5.84 billion, with 175.46 million shares outstanding and 165.91 million shares in the current float. Compared to the average trading volume of 1.28M shares, DEI reached a trading volume of 2339468 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Douglas Emmett Inc. [DEI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DEI shares is $35.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DEI stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Mizuho have made an estimate for Douglas Emmett Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2021. The new note on the price target was released on January 12, 2021, representing the official price target for Douglas Emmett Inc. stock. Previously, the target price had yet another raise to $29, while Robert W. Baird analysts kept a Neutral rating on DEI stock.
The Average True Range (ATR) for Douglas Emmett Inc. is set at 0.75, with the Price to Sales ratio for DEI stock in the period of the last 12 months amounting to 6.82. The Price to Book ratio for the last quarter was 2.41, with the Price to Cash per share for the same quarter was set at 1.06. Price to Free Cash Flow for DEI in the course of the last twelve months was 109.59.
DEI stock trade performance evaluation
Douglas Emmett Inc. [DEI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.69. With this latest performance, DEI shares dropped by -3.11% in over the last four-week period, additionally plugging by 13.61% over the last 6 months – not to mention a rise of 9.83% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DEI stock in for the last two-week period is set at 39.87, with the RSI for the last a single of trading hit 33.01, and the three-weeks RSI is set at 44.35 for Douglas Emmett Inc. [DEI]. The present Moving Average for the last 50 days of trading for this stock 34.27, while it was recorded at 34.58 for the last single week of trading, and 30.56 for the last 200 days.
Douglas Emmett Inc. [DEI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Douglas Emmett Inc. [DEI] shares currently have an operating margin of +17.61 and a Gross Margin at +22.18. Douglas Emmett Inc.’s Net Margin is presently recorded at +5.72.
Return on Total Capital for DEI is now 1.72, given the latest momentum, and Return on Invested Capital for the company is 0.68. Return on Equity for this stock inclined to 1.93, with Return on Assets sitting at 0.53. When it comes to the capital structure of this company, Douglas Emmett Inc. [DEI] has a Total Debt to Total Equity ratio set at 195.14. Additionally, DEI Total Debt to Total Capital is recorded at 66.12, with Total Debt to Total Assets ending up at 51.41. Long-Term Debt to Equity for the company is recorded at 195.11, with the Long-Term Debt to Total Capital now at 66.11.
Reflecting on the efficiency of the workforce at the company, Douglas Emmett Inc. [DEI] managed to generate an average of $70,844 per employee. Receivables Turnover for the company is 73.71 with a Total Asset Turnover recorded at a value of 0.09.
Earnings per share (EPS) analysis for Douglas Emmett Inc. [DEI] stock
With the latest financial reports released by the company, Douglas Emmett Inc. posted 0.01/share EPS, while the average EPS was predicted by analysts to be reported at 0.09/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -88.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DEI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Douglas Emmett Inc. go to 8.00%.
Douglas Emmett Inc. [DEI]: Insider Ownership positions
There are presently around $5,833 million, in the hands of institutional investors. The top three institutional holders of DEI stocks are: VANGUARD GROUP INC with ownership of 24,363,224, which is approximately 1.857% of the company’s market cap and around 5.45% of the total institutional ownership; BLACKROCK INC., holding 19,188,755 shares of the stock with an approximate value of $652.61 million in DEI stocks shares; and FMR LLC, currently with $442.13 million in DEI stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Douglas Emmett Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 114 institutional holders increased their position in Douglas Emmett Inc. [NYSE:DEI] by around 24,685,904 shares. Additionally, 138 investors decreased positions by around 22,183,094 shares, while 35 investors held positions by with 124,653,090 shares. The mentioned changes placed institutional holdings at 171,522,088 shares, according to the latest SEC report filing. DEI stock had 31 new institutional investments in for a total of 10,550,357 shares, while 41 institutional investors sold positions of 9,979,773 shares during the same period.