Douglas Emmett Inc (NYSE: DEI) is -21.87% lower on its value in year-to-date trading and has touched a low of $12.39 and a high of $20.50 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 $14.81 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $14.50, the stock is 2.20% and -3.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.04 million and changing -2.09% at the moment leaves the stock -13.74% off its SMA200. DEI registered 5.34% gain for a year compared to 6-month loss of -24.79%.
The stock witnessed a 4.84% gain in the last 1 month and extending the period to 3 months gives it a -14.45%, and is 0.00% 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 2.65% over the week and 3.18% over the month.
Douglas Emmett Inc (DEI) has around 770 employees, a market worth around $2.94B and $993.04M in sales. Current P/E ratio is 45.84. Profit margin for the company is 5.33%. Distance from 52-week low is 17.03% and -29.27% from its 52-week high. The company has generated returns on investments over the last 12 months (0.69%).
The EPS is expected to shrink by -209.60% this year
The shares outstanding are 167.45M, and float is at 160.82M with Short Float at 12.62%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.68 million shares valued at $355.16 million. The investor’s holdings represent 15.9417 of the DEI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.25 million shares valued at $322.77 million to account for 14.4875 of the shares outstanding. The other top investors are FIRST EAGLE INVESTMENT MANAGEMENT, LLC which holds 13.67 million shares representing 8.1671 and valued at over $181.95 million, while WELLINGTON MANAGEMENT GROUP LLP holds 6.7584 of the shares totaling 11.31 million with a market value of $150.57 million.
Douglas Emmett Inc (DEI) Insider Activity
The most recent transaction is an insider purchase by SIMON WILLIAM E JR, the company’s Director. SEC filings show that SIMON WILLIAM E JR bought 45,000 shares of the company’s common stock on Jun 10 ’24 at a price of $13.15 per share for a total of $0.59 million. Following the purchase, the insider now owns 45000.0 shares.
