Media stories about Douglas Emmett (NYSE:DEI) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Douglas Emmett earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 47.6886007779785 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several equities research analysts recently issued reports on the company. Citigroup boosted their price target on Douglas Emmett from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Wednesday, August 8th. Stifel Nicolaus boosted their price target on Douglas Emmett from $42.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, August 2nd. Barclays boosted their price target on Douglas Emmett from $38.00 to $39.00 and gave the company an “underweight” rating in a research note on Thursday, August 30th. Bank of America boosted their price target on Douglas Emmett from $42.00 to $44.00 and gave the company a “buy” rating in a research note on Monday, August 13th. Finally, Zacks Investment Research cut Douglas Emmett from a “buy” rating to a “hold” rating in a research note on Wednesday, July 25th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $41.80.
NYSE DEI opened at $38.63 on Thursday. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.30 and a quick ratio of 2.30. Douglas Emmett has a fifty-two week low of $34.72 and a fifty-two week high of $41.59. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 20.33, a price-to-earnings-growth ratio of 2.87 and a beta of 0.59.
Douglas Emmett (NYSE:DEI) last released its earnings results on Tuesday, July 31st. The real estate investment trust reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.31). Douglas Emmett had a return on equity of 2.96% and a net margin of 13.94%. The business had revenue of $219.47 million for the quarter, compared to the consensus estimate of $215.12 million. analysts predict that Douglas Emmett will post 2.02 EPS for the current fiscal year.
About Douglas Emmett
Douglas Emmett, Inc (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
Recommended Story: Fundamental Analysis – How It Helps Investors
Receive News & Ratings for Douglas Emmett Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Douglas Emmett and related companies with MarketBeat.com's FREE daily email newsletter.