Zacks Rating on Douglas Emmett (DEI)

Douglas Emmett (DEI) : The consensus on Douglas Emmett (DEI) based on 11 analyst recommendation on the company stock is 2.36, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Douglas Emmett (DEI) : The most positive equity analysts on Douglas Emmett (DEI) expects the shares to touch $45, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $37 with an expected fluctuation of $4.9 from the mean.


Douglas Emmett Inc has dropped 1.65% in the last five trading days, however, the shares have posted positive gains of 0.24% in the last 4 weeks. Douglas Emmett Inc is up 12.3% in the last 3-month period. Year-to-Date the stock performance stands at 20.47%. Douglas Emmett (NYSE:DEI): On Tuesdays trading session , Opening price of the stock was $37.34 with an intraday high of $37.49. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $37.03. However, the stock managed to close at $37.04, a loss of 0.27% for the day. On the previous day, the stock had closed at $37.14. The total traded volume of the day was 490,201 shares.

Douglas Emmett, Inc. is a self-administered and self-managed Real Estate Investment Trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in California and Hawaii. The Company operates in two segments: Office Properties and Multifamily Properties. The Office Properties segment products include rental of office space and other tenant services, including parking and storage space rental. The Multifamily Properties segment products include rental of apartments and other tenant services, including parking and storage space rental. The Company owned a consolidated portfolio of approximately 53 office properties and approximately 10 multifamily properties. Its properties are located in the Brentwood, Olympic Corridor, Century City, Beverly Hills, Santa Monica, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills and Burbank submarkets of Los Angeles County, California, and in Honolulu, Hawaii.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.