DEI Stock Overview
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 Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$27.53|
|52 Week High||US$36.97|
|52 Week Low||US$26.78|
|1 Month Change||-11.22%|
|3 Month Change||-12.88%|
|1 Year Change||-15.94%|
|3 Year Change||-32.84%|
|5 Year Change||-28.21%|
|Change since IPO||16.41%|
Recent News & Updates
|DEI||US REITs||US Market|
Return vs Industry: DEI underperformed the US REITs industry which returned 0.7% over the past year.
Return vs Market: DEI underperformed the US Market which returned -10.4% over the past year.
|DEI Average Weekly Movement||3.8%|
|REITs Industry Average Movement||4.4%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: DEI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: DEI's weekly volatility (4%) has been stable over the past year.
About the Company
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.
Douglas Emmett Fundamentals Summary
|DEI fundamental statistics|
Is DEI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DEI income statement (TTM)|
|Cost of Revenue||US$309.46m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.38|
|Net Profit Margin||8.36%|
How did DEI perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Is Douglas Emmett undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DEI ($27.53) is trading below our estimate of fair value ($60.19)
Significantly Below Fair Value: DEI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DEI is poor value based on its PE Ratio (72.6x) compared to the US REITs industry average (33.9x).
PE vs Market: DEI is poor value based on its PE Ratio (72.6x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: DEI is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: DEI is overvalued based on its PB Ratio (2.3x) compared to the US REITs industry average (1.7x).
How is Douglas Emmett forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DEI's forecast earnings growth (25.3% per year) is above the savings rate (1.9%).
Earnings vs Market: DEI's earnings (25.3% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DEI's revenue (5.1% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: DEI's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DEI's Return on Equity is forecast to be low in 3 years time (6.5%).
How has Douglas Emmett performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DEI has high quality earnings.
Growing Profit Margin: DEI's current net profit margins (8.4%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: DEI's earnings have grown by 2.2% per year over the past 5 years.
Accelerating Growth: DEI's earnings growth over the past year (129.2%) exceeds its 5-year average (2.2% per year).
Earnings vs Industry: DEI earnings growth over the past year (129.2%) exceeded the REITs industry 69.5%.
Return on Equity
High ROE: DEI's Return on Equity (1.8%) is considered low.
How is Douglas Emmett's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DEI's short term assets ($601.3M) exceed its short term liabilities ($224.2M).
Long Term Liabilities: DEI's short term assets ($601.3M) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: DEI's net debt to equity ratio (110.5%) is considered high.
Reducing Debt: DEI's debt to equity ratio has reduced from 148.6% to 121.7% over the past 5 years.
Debt Coverage: DEI's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: DEI's interest payments on its debt are not well covered by EBIT (1.5x coverage).
What is Douglas Emmett current dividend yield, its reliability and sustainability?
Dividend Score 6/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DEI's dividend (4.07%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: DEI's dividend (4.07%) is in the top 25% of dividend payers in the US market (4.05%)
Stability and Growth of Payments
Stable Dividend: DEI's dividends per share have been stable in the past 10 years.
Growing Dividend: DEI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.5%), DEI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.1%), DEI's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jordan Kaplan (60 yo)
Mr. Jordan L. Kaplan serves as the Chief Executive Officer, President and a Member of the Board at Douglas Emmett Inc. since 2005. Mr. Kaplan joined Douglas Emmett and Company in 1986. He co-founded Dougla...
CEO Compensation Analysis
Compensation vs Market: Jordan's total compensation ($USD9.07M) is about average for companies of similar size in the US market ($USD8.23M).
Compensation vs Earnings: Jordan's compensation has been consistent with company performance over the past year.
Experienced Management: DEI's management team is seasoned and experienced (15.6 years average tenure).
Experienced Board: DEI's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Douglas Emmett, Inc.'s employee growth, exchange listings and data sources
- Name: Douglas Emmett, Inc.
- Ticker: DEI
- Exchange: NYSE
- Founded: 1971
- Industry: Office REITs
- Sector: Real Estate
- Implied Market Cap: US$5.687b
- Market Cap: US$4.839b
- Shares outstanding: 206.58m
- Website: https://www.douglasemmett.com
Number of Employees
- Douglas Emmett, Inc.
- 1299 Ocean Avenue
- Suite 1000
- Santa Monica
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.