DEI - Douglas Emmett, Inc.
41.66 -0.19 (-0.45%)
After hours: 4:11PM EDT
| Previous Close | 41.29 |
| Open | 41.30 |
| Bid | 41.85 x 900 |
| Ask | 41.69 x 800 |
| Day's Range | 41.24 - 41.89 |
| 52 Week Range | 32.32 - 41.89 |
| Volume | 722,444 |
| Avg. Volume | 872,493 |
| Market Cap | 8.228B |
| Beta (3Y Monthly) | 0.65 |
| PE Ratio (TTM) | 61.54 |
| EPS (TTM) | 0.68 |
| Earnings Date | Jul 29, 2019 - Aug 2, 2019 |
| Forward Dividend & Yield | 1.04 (2.58%) |
| Ex-Dividend Date | 2019-06-27 |
| 1y Target Est | 42.86 |
- Markit•6 days ago
See what the IHS Markit Score report has to say about Douglas Emmett Inc.
Douglas Emmett Inc NYSE:DEIView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for DEI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DEI. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DEI totaled $68.00 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- PR Newswire•7 days ago
Douglas Emmett Acquires 350 Unit Multifamily Property, Extends Debt Maturities For Ten Years At 3.25% Per Annum
SANTA MONICA, Calif., June 10, 2019 /PRNewswire/ -- Douglas Emmett, Inc. (DEI), a real estate investment trust (REIT), announced today that it has acquired The Glendon, a residential community in Westwood with 350 apartments and approximately 50,000 square feet of retail, for a contract price of $365 million. Douglas Emmett also announced that it has closed a total of $540 million in ten year, secured, non-recourse loans and sold 4.9 million shares of its common stock at pricing just above $41 per share through its ATM program. Built in 2008, The Glendon is located at 1060 Glendon Avenue, and sits on 4.25 acres in the heart of pedestrian-friendly Westwood Village in Los Angeles. The property is within easy walking distance of Westwood's Class A office space (including over 2.1 million square feet owned by Douglas Emmett), UCLA's world-renowned campus, The Ronald Reagan UCLA Medical Center, and over 300 local shops and restaurants.
- Zacks•7 days ago
Why Douglas Emmett (DEI) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Douglas Emmett (DEI) have what it takes? Let's find out.
- PR Newswire•18 days ago
Douglas Emmett Declares Quarterly Cash Dividend
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. For more information about Douglas Emmett, please visit our website at www.douglasemmett.com.
- InvestorPlace•19 days ago
5 REITs to Buy While They’re Dirt Cheap
There's no denying that real estate investment trusts (REITs) have a lot to offer investors. Thanks to their tax-structure, REITs pass much of their cash flows back to investors as juicy dividends. This provides them with yields in the 3 to 5% range. At the same time, thanks to rising rents, those dividends continue to grow -- which in turn pushes up share prices.The magic for REITs lies within a number called funds from operations (FFO). FFO is basically the cash flows that REITs have to distribute. Rising FFO numbers simply equals more dividends for shareholders.But the trick is not to pay too much for those funds.InvestorPlace - Stock Market News, Stock Advice & Trading TipsJust like stocks can be expensive, REITs can also be a bit pricey. But rather than use a price-to-earnings ratio, the best way to look at REITs is via a price-to-FFO. The idea is that you're not paying too much for those cash flows. And that's to the recent market hiccups, many real estate investment trusts are trading for bargain levels. Investors can get their rising dividends at a cheaper price point. * 7 Stocks to Buy for June With that, here are five top-notch REITs to buy while they're dirt cheap. Tanger Factory Outlet Centers (SKT)Source: Shutterstock P/FFO: 7.31Some of the cheapest REITs can be found among the shopping malls and retail owners. And it's easy to see why. Online shopping and Amazon (NYSE:AMZN) continue to eat many brick & mortar retailers' lunch. This has resulted in plenty of bankruptcies and store closings. That clearly hurts the owners of shopping malls right in the wallet. But the sector isn't all doom and gloom. There are bargains to be had, and one of the best could be Tanger Factory Outlet Centers (NYSE:SKT).SKT's win lies within its operating markets. Tanger is the biggest REIT focused on outlet shopping -- with a portfolio of 40 outlet shopping centers located in 20 states. The kicker is that outlet shopping tends to be "destination shopping." But SKT's properties feature plenty of amenities -- such as restaurants, movie theaters, and entertainment. This keeps luring shoppers back for the bargains. Moreover, many of these outdoor shopping plazas are located in higher-income areas that are unaffected by recessions and other downturns.Add in its very conservative balance sheet and you a long runway to fight off online rivals.The proof comes down to Tanger's numbers. Despite selling four properties, SKT managed to keep its FFO roughly the same as a year ago. Meanwhile, foot traffic and occupancy numbers continue to rise. And yet, the market is throwing the REIT away with a P/FFO of just 7.31 and big 7.86% dividend yield. Ventas (VTR)Source: Sunrise1981 via Wikimedia (Modified)P/FFO: 16.16Healthcare remains one of the best long-term sectors for investors. As out population continue to age and grow, more demand is inevitable. That demand won't just happen towards drugs and equipment, but places to conduct healthcare as well. Some of the best opportunities for investors could be in the real estate related to hospitals, doctors' offices, senior living facilities, etc.That could make Ventas' (NYSE:VTR) cheap P/FFO of 16 a steal for the long haul.VTR is one of the largest owners of medical real estate. That includes more than 730 senior housing facilities, 350 medical office buildings and 37 research/biotech offices as well as numerous long-term care and skilled nursing facilities. All in all, Ventas owns nearly 1200 different medical-related properties. Turns out that's a good place to be. VTR just sits back and collects a rent check. The firm doesn't have to worry about potential regulation, billing of patients or the other hassles of the healthcare sector.This has translated into a steady diet of FFO increases. Last quarter, reported FFO jumped 2.08% in the last quarter thanks to rent increases and higher billings. As expected, VTR has used those jumps to its cash flows to reward shareholders. Since 2001, Ventas has been able to grow its dividend by 8% annually. That an impressive feat that many REITs can match. * 4 Consumer Staples Stocks for Both Income and Growth Ventas yields 4.81%. Douglas Emmett (DEI)Source: Shutterstock P/FFO: 20.48One of the chief sayings in real estate happens to be "location, location, location." But there are tons of truth to the old adage. Those investors with properties in the hottest market do better than those holding buildings in say Pawnee, Indiana. REIT Douglas Emmett (NYSE:DEI) certainly fits into the former camp.DEI owns office and residential buildings in Southern California. We're talking L.A. San Francisco, Santa Monica, Beverly Hills, etc. The key for Douglas Emmett is that this area of the country is in very very very high demand. And yet, space continues to be constrained. There simply isn't any real room in Southern California to build new construction. This provides DEI with an amazing moat, strong rent growth -- thanks to its short lease agreements -- and high occupancy rates for its properties.All of this has helped drive DEI's dividends over the last decade or so.The beauty is that Douglas Emmett has been using excess cash to replicate its model in another high barrier to entry market Honolulu and Hawaii. DEI has been on a buying spree lately, locking in top residential and office properties in the state. This provides it will another avenue for future FFO growth and dividend increases.And yet, with a P/FFO that's lower than the broader indexes covering REITs, investors are considering the potential at DEI. Highwoods Properties, Inc. (HIW)Source: Brett Weinstein via Flickr (modified)P/FFO: 12.87While New York and California get a lot of attention from investors looking at REITs, the south can be ignored. There are regions and corridors in the southern United States that garner higher incomes, high employment rates, and strong economic growth. Cheap REIT Highwoods Properties (NYSE:HIW) is one way to capitalize on these markets.Raleigh, North Carolina- based HIW owns office buildings and plazas in such southern hotbeds of growth like Atlanta, Tampa, Orlando, Nashville, Memphis, Raleigh, and Richmond. It also owns a swath of assets in Pittsburgh -- which continues to see an economic renaissance. This southern niche continues to help drive growth at HIW in both the cash flow and dividend department.However, since the south is often ignored by other REITs, HIW has been able to take advantage of these top-tier cities stealth growth and has continued to beef up its development projects here. It currently has 8 development projects in its top three markets. Those buildings are already 93% leased. Right out the gate, Highwoods should be able to start making money on the projects.And it'll share the wealth as well. While the firm kept its payout static during and after the recession, it's recently begun to increase the payout. After a one-time special dividend in 2016 to free itself of extra cash, the REIT has increased its payout by 12%. * 7 Stocks to Sell After Earnings Destroyed Their Long-Term Stories All in all, HIW stock is a cheap way to buy into some of the hottest and secret markets in the country. Mid-American Apartment Communities (MAA)Source: Phillip Capper via FlickrP/FFO: 19.01Apartment REITs have been some of the asset classes best performers since the recession. That's included Mid-American Apartment Communities (NYSE:MAA). And yet, MAA is still cheap when compared to many of its apartment peers. That could be a huge opportunity for investors.The opportunity comes from MAA's strategy. Unlike many apartment REITs that have flocked to urban areas in top tier markets, MAA has continued to focus on suburban markets in the Sunbelt. This has continued to push MAA's occupancy rates higher and help it score top renewal rates in the sector.Secondly, Mid-American isn't going for the super high end. The average rental price for its apartments is around $1,300 per month. This provides plenty of resiliency with regards to its tenants with regards to economic conditions. The combination of operating regions and market segment has allowed MAA to realize some strong growth over the last decade.This has all translated into impressive total returns for shareholders. Over the last two decades, MAA has managed to produce 13.4% annualized total returns. That destroys the S&P 500 returns in that time frame. And much of that return has come from the firm's commitment to increasing its dividend.With a low P/FFO ratio, MAA could be one of the best buys in the apartment sector.Disclosure: At the time of writing, Aaron Levitt held a position in AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for June * 7 Stocks to Buy From One of America's Best Pension Funds * 4 Consumer Staples Stocks for Both Income and Growth Compare Brokers The post 5 REITs to Buy While They're Dirt Cheap appeared first on InvestorPlace.
- Simply Wall St.•24 days ago
If You Like EPS Growth Then Check Out Douglas Emmett (NYSE:DEI) Before It's Too Late
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
- Zacks•25 days ago
Are You Looking for a High-Growth Dividend Stock? Douglas Emmett (DEI) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Douglas Emmett (DEI) have what it takes? Let's find out.
- Thomson Reuters StreetEvents•last month
Edited Transcript of DEI earnings conference call or presentation 3-May-19 6:00pm GMT
Q1 2019 Douglas Emmett Inc Earnings Call
- Zacks•last month
Douglas Emmett (DEI) is an Incredible Growth Stock: 3 Reasons Why
Douglas Emmett (DEI) possesses solid growth attributes, which could help it handily outperform the market.
- Zacks•last month
Douglas Emmett (DEI) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Douglas Emmett (DEI) have what it takes? Let's find out.
Motley Fool•last monthDouglas Emmett Inc (DEI) Q1 2019 Earnings Call Transcript
DEI earnings call for the period ending March 31, 2019.
- Zacks•2 months ago
Douglas Emmett (DEI) Q1 FFO Meet Estimates
Douglas Emmett (DEI) delivered FFO and revenue surprises of 0.00% and -1.00%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•2 months ago
Douglas Emmett: 1Q Earnings Snapshot
The Santa Monica, California-based real estate investment trust said it had funds from operations of $103.1 million, or 52 cents per share, in the period. The average estimate of eight analysts surveyed ...
- PR Newswire•2 months ago
Douglas Emmett Releases First Quarter 2019 Earnings Results
SANTA MONICA, Calif., May 2, 2019 /PRNewswire/ -- Douglas Emmett, Inc. (DEI), a real estate investment trust (REIT), has released its first quarter 2019 financial results by posting its First Quarter 2019 Earnings Results and Operating Information package to the investor relations section of its website at www.douglasemmett.com/investors. As previously announced, Jordan Kaplan, CEO, Peter Seymour, CFO, Kevin Crummy, CIO, and Stuart McElhinney, Vice President Investor Relations will host a live conference call to discuss Douglas Emmett's financial results at 2:00 pm Eastern Time (11:00 am Pacific Time) on Friday, May 3, 2019.
- Zacks•2 months ago
4 Top REITs Buoying Investors' Optimism This Earnings Season
Prospects of a number of REITs are getting a boost as a healthy economy results in greater demand for real estate and higher occupancy levels.
- Insider Monkey•2 months ago
Did Hedge Funds Drop The Ball On Douglas Emmett, Inc. (DEI) ?
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of December. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
- Simply Wall St.•2 months ago
Who Has Been Buying Douglas Emmett, Inc. (NYSE:DEI) Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So shareholders...
- PR Newswire•2 months ago
Douglas Emmett Announces Dates for Its 2019 First Quarter Earnings Results and Live Conference Call
SANTA MONICA, Calif. , April 2, 2019 /PRNewswire/ -- Douglas Emmett, Inc. (NYSE:DEI), a real estate investment trust (REIT), announced today that it plans to release its 2019 first quarter earnings results ...
- American City Business Journals•3 months ago
Douglas Emmett completes expansion of Honolulu apartment complex
The new towers are larger, and taller, than the existing buildings, but were designed and painted to blend in.
- PR Newswire•3 months ago
Douglas Emmett Completes Addition of Nearly 500 Workforce Housing Units to Moanalua Hillside Apartments
HONOLULU, March 28, 2019 /PRNewswire/ -- Douglas Emmett, Inc. (DEI) today hosted a grand opening event celebrating the completion of 491 new workforce housing units at Moanalua Hillside Apartments. The new apartments include studios and one-bedroom units designed to serve individuals and families in the 80 percent to 120 percent Average Median Income (AMI) range. "The expansion of Moanalua Hillside Apartments provides critically needed workforce rentals for local families, individuals and military personnel," said Douglas Emmett President and Chief Executive Officer Jordan Kaplan.
- Simply Wall St.•3 months ago
Should Douglas Emmett, Inc. (NYSE:DEI) Focus On Improving This Fundamental Metric?
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Many investors are still learning about the various metrics thatRead More...
- PR Newswire•3 months ago
Douglas Emmett Announces Amended 2018 Tax Treatment of Dividends
SANTA MONICA, Calif. , March 13, 2019 /PRNewswire/ -- Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today an amendment to its initial tax treatment of 2018 common stock ...
