Daily Market Movement: Douglas Emmett Inc (DEI) Sees a 2.25 Increase, Closing at 15.42

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The closing price of Douglas Emmett Inc (NYSE: DEI) was $15.42 for the day, up 2.25% from the previous closing price of $15.08. In other words, the price has increased by $2.25 from its previous closing price. On the day, 2.19 million shares were traded. DEI stock price reached its highest trading level at $15.65 during the session, while it also had its lowest trading level at $14.87.

Ratios:

Our analysis of DEI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.56. In the meantime, Its Debt-to-Equity ratio is 2.53 whereas as Long-Term Debt/Eq ratio is at 2.20.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 02, 2024, Upgraded its rating to Hold and sets its target price to $15 from $10 previously.

On October 03, 2023, Wedbush started tracking the stock assigning a Neutral rating and target price of $13.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 10 ’24 when SIMON WILLIAM E JR bought 45,000 shares for $13.15 per share. The transaction valued at 591,800 led to the insider holds 45,000 shares of the business.

SIMON WILLIAM E JR sold 91,000 shares of DEI for $1,269,141 on Dec 06 ’23. The Director now owns 0 shares after completing the transaction at $13.95 per share.

Valuation Measures:

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 2989783808 and an Enterprise Value of 9023315968. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 9.238 whereas that against EBITDA is 16.066.

Stock Price History:

The Beta on a monthly basis for DEI is 1.11, which has changed by 0.10064244 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, DEI has reached a high of $16.12, while it has fallen to a 52-week low of $10.76. The 50-Day Moving Average of the stock is 11.80%, while the 200-Day Moving Average is calculated to be 15.25%.

Shares Statistics:

DEI traded an average of 1.43M shares per day over the past three months and 1889650 shares per day over the past ten days. A total of 167.21M shares are outstanding, with a floating share count of 160.76M. Insiders hold about 3.96% of the company’s shares, while institutions hold 108.00% stake in the company. Shares short for DEI as of 1719532800 were 19818295 with a Short Ratio of 13.83, compared to 1717113600 on 20808789. Therefore, it implies a Short% of Shares Outstanding of 19818295 and a Short% of Float of 18.08.

Dividends & Splits

With its trailing 12-month dividend rate of 0.76, DEI has a forward annual dividend rate of 0.76. Against a Trailing Annual Dividend Yield of 0.050397877The stock’s 5-year Average Dividend Yield is 4.54.

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