In the latest session, Douglas Emmett Inc (NYSE: DEI) closed at $13.61 up 0.74% from its previous closing price of $13.51. In other words, the price has increased by $+0.10 from its previous closing price. On the day, 1485003 shares were traded.
Ratios:
For a deeper understanding of Douglas Emmett Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.58. In the meantime, Its Debt-to-Equity ratio is 2.51 whereas as Long-Term Debt/Eq ratio is at 2.33.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 06 ’23 when SIMON WILLIAM E JR sold 91,000 shares for $13.95 per share. The transaction valued at 1,269,141 led to the insider holds 0 shares of the business.
SIMON WILLIAM E JR bought 10,000 shares of DEI for $124,186 on Jun 08 ’23. The Director now owns 91,000 shares after completing the transaction at $12.42 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 2.28B and an Enterprise Value of 7.31B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 7.16 whereas that against EBITDA is 12.31.
Stock Price History:
Over the past 52 weeks, DEI has reached a high of $16.12, while it has fallen to a 52-week low of $10.09. The 50-Day Moving Average of the stock is 13.87, while the 200-Day Moving Average is calculated to be 13.11.
Shares Statistics:
For the past three months, DEI has traded an average of 2.28M shares per day and 1.71M over the past ten days. A total of 167.21M shares are outstanding, with a floating share count of 160.70M. Insiders hold about 3.97% of the company’s shares, while institutions hold 109.19% stake in the company. Shares short for DEI as of Feb 15, 2024 were 20.57M with a Short Ratio of 9.01, compared to 16.31M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.29% and a Short% of Float of 18.00%.
Dividends & Splits
According to the company, the forward annual dividend rate for DEI is 0.76, from 0.76 in the trailing year. Against a Trailing Annual Dividend Yield of 5.63%, it implies a Forward Annual Dividend Yield of 5.58%. The stock’s 5-year Average Dividend Yield is 4.34.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of $0 and a low estimate of -$0.27, while EPS last year was $0.1. The consensus estimate for the next quarter is -$0.16, with high estimates of $0.01 and low estimates of -$0.29.
Analysts are recommending an EPS of between -$0.01 and -$1.18 for the fiscal current year, implying an average EPS of -$0.7. EPS for the following year is -$0.8, with 4 analysts recommending between -$0.07 and -$1.26.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $251.58M this quarter.It ranges from a high estimate of $253.7M to a low estimate of $249.6M. As of the current estimate, Douglas Emmett Inc’s year-ago sales were $252.39M, an estimated decrease of -0.30% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $251.22M, a decrease of -1.10% less than the figure of -$0.30% in the same quarter last year. There is a high estimate of $254.69M for the next quarter, whereas the lowest estimate is $247.06M.
A total of 7 analysts have provided revenue estimates for DEI’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $978.76M, resulting in an average revenue estimate of $997.65M. In the same quarter a year ago, actual revenue was $1.02B, down -2.20% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $955.93M in the next fiscal year. The high estimate is $1.02B and the low estimate is $713.97M. The average revenue growth estimate for next year is down -4.20% from the average revenue estimate for this year.
