The price of Douglas Emmett Inc. (NYSE: DEI) closed at $11.30 in the last session, down -4.24% from day before closing price of $11.80. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 2738360 shares were traded. DEI stock price reached its highest trading level at $11.81 during the session, while it also had its lowest trading level at $11.24.
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We take a closer look at DEI’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.08 whereas as Long-Term Debt/Eq ratio is at 2.08.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 28 when SIMON WILLIAM E JR bought 13,200 shares for $18.73 per share. The transaction valued at 247,236 led to the insider holds 81,000 shares of the business.
Wang Shirley bought 284,000 shares of DEI for $6,012,280 on Sep 08. The Director now owns 284,000 shares after completing the transaction at $21.17 per share. On Sep 07, another insider, Kaplan Jordan L, who serves as the Chief Exec Officer, President of the company, bought 48,750 shares for $20.48 each. As a result, the insider paid 998,400 and bolstered with 2,851,640 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DEI now has a Market Capitalization of 2.14B and an Enterprise Value of 7.07B. As of this moment, Douglas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.29, and their Forward P/E ratio for the next fiscal year is 53.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 7.02 whereas that against EBITDA is 11.34.
Stock Price History:
Over the past 52 weeks, DEI has reached a high of $28.21, while it has fallen to a 52-week low of $10.09. The 50-Day Moving Average of the stock is 11.93, while the 200-Day Moving Average is calculated to be 15.85.
According to the various share statistics, DEI traded on average about 3.21M shares per day over the past 3-months and 3.27M shares per day over the past 10 days. A total of 175.76M shares are outstanding, with a floating share count of 168.28M. Insiders hold about 1.90% of the company’s shares, while institutions hold 93.80% stake in the company. Shares short for DEI as of May 14, 2023 were 17.73M with a Short Ratio of 14.78M, compared to 14.08M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 10.44% and a Short% of Float of 15.19%.
Dividends & Splits
The forward annual dividend rate for DEI is 0.76, which was 0.94 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 7.97%, it implies a Forward Annual Dividend Yield of 6.73%. The stock’s 5-year Average Dividend Yield is 3.74.
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.09 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.08, while EPS last year was $0.14. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.38 and $0.29 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.19, with 3 analysts recommending between $0.23 and $0.17.
According to 6 analysts, the current quarter’s revenue is expected to be $254.37M. It ranges from a high estimate of $257M to a low estimate of $252.57M. As of the current estimate, Douglas Emmett Inc.’s year-ago sales were $246.97M, an estimated increase of 3.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $253.47M, an increase of 1.00% less than the figure of $3.00% in the same quarter last year. There is a high estimate of $256.8M for the next quarter, whereas the lowest estimate is $251M.
A total of 8 analysts have provided revenue estimates for DEI’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $1B, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $993.65M, up 1.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1B in the next fiscal year. The high estimate is $1.04B and the low estimate is $940.1M. The average revenue growth estimate for next year is down -1.10% from the average revenue estimate for this year.