During the last session, Douglas Emmett Inc (NYSE:DEI)’s traded shares were 0.9 million, with the beta value of the company hitting 1.07. At the end of the trading day, the stock’s price was $13.37, reflecting an intraday gain of 0.45% or $0.06. The 52-week high for the DEI share is $16.12, that puts it down -20.57 from that peak though still a striking 24.53% gain since the share price plummeted to a 52-week low of $10.09. The company’s market capitalization is $2.24B, and the average trade volume was 1.76 million shares over the past three months.
Douglas Emmett Inc (NYSE:DEI) trade information
Douglas Emmett Inc (DEI) registered a 0.45% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.45% in intraday trading to $13.37, hitting a weekly high. The stock’s 5-day price performance is 0.45%, and it has moved by -2.19% in 30 days. Based on these gigs, the overall price performance for the year is 7.82%.
Douglas Emmett Inc (DEI) estimates and forecasts
Statistics show that Douglas Emmett Inc has underperformed its competitors in share price, compared to the industry in which it operates. Douglas Emmett Inc (DEI) shares have gone up 21.44% during the last six months, with a year-to-date growth rate less than the industry average at -10.22% against -2.60. In the rating firms’ projections, revenue will decrease -2.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 251.32M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 251.01M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 252.39M and 254.01M respectively. In this case, analysts expect current quarter sales to shrink by -0.40% and then drop by -1.20% in the coming quarter.
While earnings are projected to return -129.43% in 2024, the next five years will return 5.93% per annum.
DEI Dividends
Douglas Emmett Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Douglas Emmett Inc is 0.76, with the dividend yield indicating at 5.68 percent, continuing the trend of increasing dividends in recent years.
