As of Wednesday close, Douglas Emmett Inc.’s (NYSE:DEI) stock was up $0.02, moving up 0.15 percent to $13.52. The average number of shares traded per day over the past five days has been 3,082,720 shares. 5 times new highs have been achieved over the past 5 days, with a $0.58 gain in that time frame. In the last twenty days, the average volume was 2,070,270, while in the previous 50 days, it was 2,148,446.
Since last month, DEI stock rose 5.79%. Shares of the company fell to $12.63 on 08/21/23, the lowest level in the past month. A 52-week high of $20.75 was reached on 02/02/23 after having rallying from a 52-week low of $10.09. Since the beginning of this year, DEI’s stock price has dropped by -13.78% or -$2.16, and marked a new high 7 times. However, the stock has declined by -34.83% since its 52-week high.
DEI stock investors should be aware that Douglas Emmett Inc. (DEI) stock had its last reported insider trading activity 105 days ago on Jun 08. SIMON WILLIAM E JR, the Director of the company, purchased of 10,000 shares for $12.42 on Jun 08. It resulted in a $124,186 investment by the insider. SIMON WILLIAM E JR added 13,200 shares at an average price of $18.73 on Sep 28. The insider now owns 81,000 shares following the transaction.
Valuation Metrics
Right now, Douglas Emmett Inc. (DEI) has a P/E ratio of about 41.22. The stock’s beta is 1.00. Besides these, the trailing price-to-sales (P/S) ratio of 2.20, the price-to-book (PB) ratio of 0.96, and the price-to-cash flow ratio of 9.29 may also be considered.
The latest dividend of $0.19 per share was paid out, remained unchanged from last year’s $0.19. On Thursday December 8 2022, a $0.09 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.21, and the total debt-to-equity ratio was 2.21. On the profitability front, the trailing twelve-month gross margin is 65.20% percent. In the year ended June 29, operating margins totaled 20.90%. Based on annual data, DEI earned $241.63 million in gross profit and brought in $993.65 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.10%. Return on equity (ROE) for the past 12 months was 2.30%.
In Douglas Emmett Inc.’s quarter-end financial report for June 29, it reported total debt of $5.26 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DEI’s revenue rose 2.54% to $252.39 million during the quarter, while net income inched up to $253.41 million. While analysts expected Douglas Emmett Inc. to report $0.09 quarterly earnings, the actual figure was -$0.04 per share, beating the consensus estimate by -144.40%. During the quarter, the company generated $152.74 million in EBITDA. The value of shareholders’ equity is $166.74 million.
Technical Picture
This quick technical analysis looks at Douglas Emmett Inc.’s (DEI) price momentum. With a historical volatility rate of 28.44%, the RSI 9-day stood at 50.33% on 20 September.
With respect to its five-day moving average, the current Douglas Emmett Inc. price is up by +4.48% percent or $0.58. At present, DEI shares trade +4.40% above its 20-day simple moving average and +6.37% percent above its 100-day simple moving average. However, the stock is currently trading approximately -3.01% below its SMA50 and -20.61% below its SMA200.
Stochastic coefficient K was 56.42% and Stochastic coefficient D was 55.08%, while ATR was 0.47. Given the Stochastic reading of 59.72% for the 14-day period, the RSI (14) reading has been calculated as 49.97%. As of today, the MACD Oscillator reading stands at 0.04, while the 14-day reading stands at -0.11.
Analyst Ratings
KeyBanc Capital Markets launched its rating on Douglas Emmett Inc. (NYSE: DEI) to a Sector weight in a note to investors on September 12, 2023. Douglas Emmett Inc. (DEI) has been rated Hold by analysts. According to 2 brokerage firms, DEI is a sell, and 6 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Douglas Emmett Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $15.00, the current consensus forecast for the stock is $10.00 – $16.00. Based on these forecasts, analysts predict Douglas Emmett Inc. (DEI) will achieve an average price target of $13.82.
