Douglas Emmett Inc. (NYSE: DEI) is -44.54% lower on its value in year-to-date trading and has touched a low of $17.89 and a high of $36.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DEI stock was last observed hovering at around $18.03 in the last trading session, with the day’s gains setting it 0.55% off its average median price target of $24.00 for the next 12 months. It is also 38.07% off the consensus price target high of $30.00 offered by 14 analysts, but current levels are 15.55% higher than the price target low of $22.00 for the same period.
Currently trading at $18.58, the stock is -8.10% and -12.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.86 million and changing 3.05% at the moment leaves the stock -33.29% off its SMA200. DEI registered -43.32% loss for a year compared to 6-month loss of -46.14%.
The stock witnessed a -6.35% gain in the last 1 month and extending the period to 3 months gives it a -17.64%, and is -5.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.99% over the week and 3.12% over the month.
Douglas Emmett Inc. (DEI) has around 700 employees, a market worth around $3.33B and $962.90M in sales. Current P/E ratio is 37.76 and Fwd P/E is 26.73. Profit margin for the company is 9.00%. Distance from 52-week low is 3.86% and -49.74% from its 52-week high. The company has generated returns on investments over the last 12 months (2.70%).
Douglas Emmett Inc. (DEI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Douglas Emmett Inc. (DEI) is a “Hold”. 14 analysts offering their recommendations for the stock have an average rating of 2.50, where 10 rate it as a Hold and 1 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 29.80% this year
Douglas Emmett Inc. (DEI) Top Institutional Holders
The shares outstanding are 175.78M, and float is at 168.31M with Short Float at 4.15%.
Douglas Emmett Inc. (DEI) Insider Activity
A total of 3 insider transactions have happened at Douglas Emmett Inc. (DEI) in the last six months, with sales accounting for 0 and purchases happening 3 times. The most recent transaction is an insider purchase by Wang Shirley, the company’s Director. SEC filings show that Wang Shirley bought 284,000 shares of the company’s common stock on Sep 08 at a price of $21.17 per share for a total of $6.01 million. Following the purchase, the insider now owns 0.28 million shares.
Douglas Emmett Inc. disclosed in a document filed with the SEC on Sep 07 that Kaplan Jordan L (Chief Exec Officer, President) bought a total of 48,750 shares of the company’s common stock. The trade occurred on Sep 07 and was made at $20.48 per share for $1.0 million. Following the transaction, the insider now directly holds 2.85 million shares of the DEI stock.
Still, SEC filings show that on Sep 02, Feinberg David T (Director) acquired 25,000 shares at an average price of $20.31 for $0.51 million. The insider now directly holds 25,000 shares of Douglas Emmett Inc. (DEI).
Douglas Emmett Inc. (DEI): Who are the competitors?
The company’s main competitors (and peers) include Veris Residential Inc. (VRE) that is trading -33.70% down over the past 12 months and Corporate Office Properties Trust (OFC) that is -14.96% lower over the same period. The Macerich Company (MAC) is -53.66% down on the 1-year trading charts.