Somewhat Positive Press Coverage Somewhat Unlikely to Impact Douglas Emmett (DEI) Stock Price

News headlines about Douglas Emmett (NYSE:DEI) have been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Douglas Emmett earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the real estate investment trust an impact score of 46.5287751566494 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the media headlines that may have impacted Accern’s rankings:

Douglas Emmett (NYSE:DEI) traded down $0.37 during midday trading on Thursday, reaching $38.57. The company’s stock had a trading volume of 862,800 shares, compared to its average volume of 941,805. Douglas Emmett has a one year low of $35.98 and a one year high of $41.59. The company has a market capitalization of $6,540.00, a price-to-earnings ratio of 74.17, a P/E/G ratio of 3.10 and a beta of 0.71.

Douglas Emmett (NYSE:DEI) last posted its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported $0.48 EPS for the quarter, hitting analysts’ consensus estimates of $0.48. The business had revenue of $208.75 million for the quarter, compared to analyst estimates of $203.99 million. Douglas Emmett had a return on equity of 2.58% and a net margin of 11.29%. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 earnings per share. equities analysts anticipate that Douglas Emmett will post 1.9 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from Douglas Emmett’s previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.59%. Douglas Emmett’s payout ratio is presently 192.31%.

Several research firms have weighed in on DEI. Zacks Investment Research lowered Douglas Emmett from a “hold” rating to a “sell” rating in a report on Monday, October 16th. TheStreet upgraded Douglas Emmett from a “c+” rating to a “b-” rating in a report on Wednesday, November 15th. Robert W. Baird raised their target price on Douglas Emmett from $45.00 to $47.00 and gave the company an “outperform” rating in a report on Friday, November 10th. Stifel Nicolaus restated a “buy” rating and set a $43.00 target price (up from $42.00) on shares of Douglas Emmett in a report on Thursday, November 9th. Finally, Mizuho restated a “hold” rating and set a $41.00 target price on shares of Douglas Emmett in a report on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $41.13.

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Douglas Emmett Company Profile

Douglas Emmett, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment).

Insider Buying and Selling by Quarter for Douglas Emmett (NYSE:DEI)

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