Douglas Emmett
About: Douglas Emmett Inc is an integrated, self-administered, and self-managed REIT. It is an owner and operator of office and multifamily properties located in coastal submarkets in Los Angeles and Honolulu. The group focuses on owning, acquiring, developing, and managing a substantial market share of office properties and multifamily communities in neighborhoods with supply constraints, high-end executive housing, and key lifestyle amenities. Its properties are located in the Beverly Hills, Brentwood, Burbank, Century City, Olympic Corridor, Santa Monica, Sherman Oaks/Encino, Warner Center/Woodland Hills and Westwood submarkets of Los Angeles County, California, and in Honolulu, Hawaii. It has two business segments, the office segment and the multifamily segment.
Employees: 770
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
37% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 30
29% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 83
3% more funds holding
Funds holding: 264 [Q3] → 271 (+7) [Q4]
4% more capital invested
Capital invested by funds: $3.12B [Q3] → $3.25B (+$125M) [Q4]
1.63% less ownership
Funds ownership: 106.11% [Q3] → 104.48% (-1.63%) [Q4]
96% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $28.1M
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
2%
downside
Avg. target
$19
17%
upside
High target
$21
29%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Jefferies Peter Abramowitz 35% 1-year accuracy 6 / 17 met price target | 2%downside $16 | Hold Initiated | 17 Mar 2025 |
Piper Sandler Alexander Goldfarb 41% 1-year accuracy 16 / 39 met price target | 23%upside $20 | Overweight Upgraded | 13 Jan 2025 |
Wedbush Richard Anderson 54% 1-year accuracy 19 / 35 met price target | 29%upside $21 | Outperform Upgraded | 2 Jan 2025 |
Financial journalist opinion
Negative
Seeking Alpha
2 weeks ago
Douglas Emmett: A Buy As Long As The U.S. Avoids Recession
Douglas Emmett is an office REIT with a growing multifamily portfolio focused on California and Hawaii. The REIT's FFO in 2024 was impacted by weak office fundamentals, while the significance of multifamily for NOI increased. The continued office downturn will continue to weigh on FFO in 2025, with expiring interest rate hedges having an outsized effect this year as well.
Neutral
Business Wire
1 month ago
Douglas Emmett Declares Quarterly Cash Dividend
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on April 15, 2025 to shareholders of record as of March 31, 2025. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), a.
Neutral
Business Wire
1 month ago
Douglas Emmett to Present at 2025 Citi Global Property CEO Conference
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that President and CEO Jordan L. Kaplan will be participating in a roundtable discussion at the 2025 Citi Global Property CEO Conference on Tuesday, March 4, 2025 at 2:10 pm Eastern Time. A live webcast of the discussion will be available at: kvgo.com/citi/douglas-emmett-march-2025 A replay of the discussion will be available on the same URL starting twelve hours after.
Neutral
Seeking Alpha
1 month ago
Douglas Emmett, Inc. (DEI) Q4 2024 Earnings Call Transcript
Douglas Emmett, Inc. (NYSE:DEI ) Q4 2024 Earnings Conference Call February 5, 2025 2:00 PM ET Company Participants Stuart McElhinney – Vice President of Investor Relations Jordan Kaplan – President and Chief Executive Officer Kevin Crummy – Chief Investment Officer Peter Seymour – Chief Financial Officer Conference Call Participants Alexander Goldfarb – Piper Sandler Nick Yulico – Scotiabank Steve Sakwa – Evercore Blaine Heck – Wells Fargo Jeff Spector – Bank of America Michael Griffin – Citi Rich Anderson – Wedbush Anthony Paolone – JPMorgan John Kim – BMO Capital Markets Dylan Burzinski – Green Street Upal Rana – KeyBanc Capital Markets Jamie Feldman – Wells Fargo Operator Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call.
Positive
Zacks Investment Research
1 month ago
Douglas Emmett (DEI) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Douglas Emmett (DEI) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
Douglas Emmett (DEI) Tops Q4 FFO Estimates
Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.38 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.46 per share a year ago.
Neutral
Business Wire
1 month ago
Douglas Emmett Releases Fourth Quarter 2024 Earnings Results
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), has released its Fourth Quarter 2024 Earnings Results and Operating Information package by posting it to the investor relations section of its website at www.douglasemmett.com/investors. As previously announced, Jordan Kaplan, CEO, Peter Seymour, CFO, Kevin Crummy, CIO, and Stuart McElhinney, Vice President Investor Relations, will host a live conference call to discuss Douglas Emmett.
Neutral
Business Wire
2 months ago
Douglas Emmett Announces 2024 Tax Treatment of Dividends
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today the tax treatment of its 2024 common stock dividends as described below. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Douglas Emmett dividends. Record Date Paid Date Dividend Per Share Ordinary Income Capital Gain Return of Capital Amount Qualifying as a Section 199A Dividend 12/29/23 01/17/24 $0.1.
Positive
CNBC Television
2 months ago
California REITs see rating upgrades in the wake of fires
CNBC's Diana Olick reports on REIT performance post-California wildfires.
Neutral
Seeking Alpha
2 months ago
Fire And Ice
US equity markets tumbled this week while benchmark interest rates surged to the cusp of multi-decade highs after a critical slate of employment data showed surprisingly buoyant labor market trends. Prompting a hawkish re-think of Fed policy expectations, inflation worries were further inflamed by surging energy prices amid frigid temperatures across the Central and East, while L.A. battled destructive wildfires. Real estate equities - the most rate-sensitive sector - were significant laggards this week as rate cut expectations soured, with REITs extending their year-end slide into early 2025.
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