The closing price of Douglas Emmett Inc (NYSE: DEI) was $13.67 for the day, up 4.03% from the previous closing price of $13.14. In other words, the price has increased by $+0.72 from its previous closing price. On the day, 1556221 shares were traded.
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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 4.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.62. 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:
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 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 2.29B and an Enterprise Value of 7.32B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 7.17 whereas that against EBITDA is 12.33.
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 13.55, while the 200-Day Moving Average is calculated to be 13.24.
Shares Statistics:
DEI traded an average of 2.06M shares per day over the past three months and 1.72M shares per day over the past ten days. A total of 167.21M shares are outstanding, with a floating share count of 160.73M. Insiders hold about 3.96% of the company’s shares, while institutions hold 109.04% stake in the company. Shares short for DEI as of Mar 15, 2024 were 19.08M with a Short Ratio of 9.28, compared to 20.57M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.40% and a Short% of Float of 16.69%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.76, DEI has a forward annual dividend rate of 0.95. Against a Trailing Annual Dividend Yield of 5.87%, it implies a Forward Annual Dividend Yield of 5.56%. The stock’s 5-year Average Dividend Yield is 4.34.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. 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.
