Douglas Emmett, Inc. (DEI) Stock Price & Analysis
Douglas Emmett, Inc. (DEI) closed at USD 10.09 on Thursday, October 22, 2026, up 5.88% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 9.53; the Oct 22, 2026 session ranged USD 9.5–10.11 on volume of 2,452,686 shares. Market capitalization is $2.03B, with a 52-week range of USD 9.04–13.67 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/DEI.md
Key facts (DEI)
- Last four reported quarters (through Jun 30, 2026): revenue $1.01B, net income -$22.9M (-2.3% margin), free cash flow $179M (SEC filings).
- 3 of 80 tracked superinvestors hold DEI (13F, Q2 2026): 0 new, 1 added, 1 reduced, 1 unchanged.
- Analysts: Hold (mean 3.08 on a 1–5 scale) (12 analysts), mean target USD 12.4 (range 10–16).
- Total return with dividends: 1Y -18.8% vs S&P 500 +14.9%; 5Y -60.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD -0.06, revenue estimate $256M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (DEI)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $918M | $994M | $1.02B | $986M | $1.00B | $1.01B |
| Gross profit | $615M | $660M | $659M | $636M | $636M | — |
| Net income | $65.3M | $97.1M | -$42.7M | $23.5M | $16.3M | -$22.9M |
| EPS (diluted) | $0.37 | $0.55 | -$0.26 | $0.13 | $0.09 | — |
| Free cash flow | $338M | $335M | $238M | $241M | $194M | $179M |
| Gross margin | 67.0% | 66.4% | 64.6% | 64.5% | 63.4% | — |
| Net margin | 7.1% | 9.8% | -4.2% | 2.4% | 1.6% | -2.3% |
| Revenue growth | +3.0% | +8.2% | +2.7% | -3.3% | +1.8% | — |
| Cash + short-term investments | $336M | $269M | $523M | $445M | $341M | — |
| Total debt | $5.01B | $5.19B | $5.54B | $5.50B | $5.55B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (DEI)
P/S 2.0x · EV/Sales 7.3x · P/FCF 11.3x · P/B 1.1x · FCF yield 8.83% · Earnings yield -1.13% · Dividend yield (paid, TTM) 6.27% · Net debt $5.37B · EV $7.40B
P/E at fiscal year-ends: Dec 2025 113.1x, Dec 2024 132.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (DEI)
3 of 80 tracked investors hold DEI. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Pacific Advisors | 1.30% | $103M | Added +1.2% | |
| First Eagle Investment | First Eagle Investment Management | 0.27% | $165M | Unchanged |
| Christopher Davis | Davis Advisors | 0.02% | $3.6M | Reduced -2.2% |
Analysts (DEI)
Consensus Hold (mean 3.08 on a 1–5 scale), 12 analysts; mean target USD 12.4 (low 10, high 16).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | Piper Sandler | Target lowered | Neutral | $14 → $11 |
| 2026-09-17 | Scotiabank | Target lowered | Sector Perform | $13 → $12 |
| 2026-09-09 | JP Morgan | Target raised | Neutral | $15 → $16 |
| 2026-08-07 | Cantor Fitzgerald | Target raised | Neutral | $12 → $13 |
| 2026-07-21 | Scotiabank | Target raised | Sector Perform | $12 → $13 |
| 2026-07-21 | Piper Sandler | Target raised | Neutral | $11 → $14 |
Total return (dividends reinvested) (DEI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -18.8% | -60.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -18.9% | -16.9% |
| Volatility (annualized) | 30.9% | 35.5% |
| Max drawdown | -30.2% (Oct 2025→Mar 2026) | -68.9% (Jan 2022→Mar 2026) |
DEI revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Office rental | $206.0M | 80.3% | +1.6% |
| Multifamily rental | $50.5M | 19.7% | +1.8% |
| Total revenue | $256.5M | 100% | — |
DEI revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Rental revenues and tenant recoveries | $174.0M | 67.8% | +0.6% |
| Rental revenues | $46.0M | 17.9% | +1.5% |
| Parking and other income | $32.0M | 12.5% | +7.2% |
| Tenant Recoveries | $16.1M | 6.3% | +24.8% |
| Total revenue | $256.5M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
DEI company outlook (results filed Aug 4, 2026)
- “Solely as the result of including Studio Plaza, we are lowering our office occupancy guidance range to between 75% and 77%.”
- “Therefore, we now expect our 2026 Net Loss Per Common Share - Diluted to be between $(0.20) and $(0.16), and FFO per fully diluted share to be between $1.39 and $1.43.”
- “Our guidance does not include the impact of future property acquisitions or dispositions, common stock sales or repurchases, financings, property damage insurance recoveries, impairment charges or other possible capital markets activities.”
Quoted word-for-word from the SEC 8-K results press release.
DEI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.06 | $-0.05 | +25.4% | $256.4M | 4 |
| Next quarter (ends Dec 2026) | $-0.05 | $-0.04 | +27.7% | $258.6M | 5 |
| Current fiscal year (ends Dec 2026) | $-0.15 | $-0.14 | +7.4% | $1.02B | 4 |
| Next fiscal year (ends Dec 2027) | $-0.18 | $-0.14 | +29.3% | $1.05B | 3 |
DEI options: expected move
Options price a move of about ±15.4% (±$1.55) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±3.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 68.3% | ±15.4% |
| Jan 15, 2027 | 84 | 42.1% | ±16.4% |
| Apr 16, 2027 | 175 | 33.0% | ±21.7% |
30-day implied volatility 51.2% vs 35.3% realized over the last 30 trading days. Put/call ratio (volume) 0.9. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:39 UTC)
| Price | USD 10.09 |
|---|---|
| Change | ▲ 5.88% (up) |
| Previous Close | USD 9.53 |
| Open | USD 9.52 |
| Day Range | USD 9.5 – 10.11 |
| 52-Week Range | USD 9.04 – 13.67 |
| Volume | 2,452,686 shares |
| Market Cap | $2.03B |
| Exchange | NYQ |
Technical Analysis (DEI)
Nexqual's technical model rates DEI "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 49.9 (neutral) |
| vs SMA50 | Below (USD 10.57) |
| MACD | -0.22 (negative) |
Analyst Ratings (DEI)
Wall Street analysts rate DEI "Hold" based on 12 analysts, with a mean price target of USD 12.4 (range USD 10–16), per Nexqual as of October 23, 2026 at 08:39 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 12 |
| Mean Target | USD 12.4 |
| High Target | USD 16 |
| Low Target | USD 10 |
| Buy / Hold / Sell | 1 / 10 / 1 |
Earnings (DEI)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD -0.06 |
| Revenue Estimate | $256.37M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.02 vs est -0.04 ▲ beat |
| 2026-03-31 | USD -0.02 vs est -0.05 ▲ beat |
| 2025-12-31 | USD -0.04 vs est -0.05 ▲ beat |
| 2025-09-30 | USD -0.07 vs est -0.06 ▼ miss |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financials & Fundamentals (DEI)
| Total Revenue | $1.01B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +1.60% |
| Gross Margin | +63.18% |
| Operating Margin | +19.62% |
| Profit Margin | -2.27% |
| ROE | -1.93% |
| Debt / Equity | 1.63 |
| Current Ratio | 0.55 |
| Total Cash | $380.98M |
| Total Debt | $5.73B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $179.07M (17.8% of revenue) |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financial Health Score (DEI)
Nexqual rates Douglas Emmett, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 08:39 UTC.
| Growth | Mixed — Revenue +1.8% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 63%, operating 20% (last 12 months) |
| Balance Sheet | Critical — $355M cash and investments vs $5.72B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $179M (last 4 quarters to Jun 2026, SEC), 18% margin |
| Efficiency | Critical — ROE -2%, ROA 1.3% |
Ownership (DEI)
| Insider Ownership | +3.50% |
|---|---|
| Institutional Ownership | +106.74% |
| Shares Outstanding | 167.49M |
| Float | 163.00M |
| Short % of Float | +28.29% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Leadership (DEI)
Douglas Emmett, Inc. is led by Jordan L. Kaplan, CEO & Chairman, per Nexqual as of October 23, 2026 at 08:39 UTC.
| CEO & Chairman | Jordan L. Kaplan |
|---|---|
| President, COO & Director | Kenneth M. Panzer |
| Chief Financial Officer | Peter D. Seymour |
| Vice President of Investor Relations | Stuart McElhinney |
| Senior Vice President of Commercial Leasing | Michael J. Means |
Major Backers & Investors (DEI)
Notable institutional backers of Douglas Emmett, Inc. include First Eagle Investment Management, LLC, First Pacific Advisors, LP, FPA FUNDS TRUST-FPA Crescent Fund, according to Nexqual as of October 23, 2026 at 08:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| First Eagle Investment Management, LLC | 8.33% |
| First Pacific Advisors, LP | 5.22% |
| FPA FUNDS TRUST-FPA Crescent Fund | 4.17% |
| Price (T.Rowe) Associates Inc | 3.96% |
| Arrowstreet Capital, Limited Partnership | 3.17% |
| FMR, LLC | 2.95% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.56% |
| Vanguard Group | 14.13% |
| State Street | 5.65% |
| Geode Capital | 2.8% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
From Douglas Emmett, Inc.'s Latest SEC 10-K Filing (filed 2026-02-20)
Key Strengths & Strategy (as disclosed to the SEC)
- We are one of the largest owners and operators of high-quality office and multifamily properties located in premier coastal submarkets in Los Angeles and Honolulu.
- As of December 31, 2025, our portfolio consisted of the following (including ancillary retail space and excluding two parcels of land from which we receive rent under ground leases): We employ a focused business strategy that we have developed and implemented over the past four decades: •Concentration of High Quality Office and Multifamily Properties in Premier Submarkets.
- Our in-house leasing agents and legal specialists allow us to lease a large property portfolio with a diverse group of smaller tenants, closing an average of approximately three office leases each business day, and our in-house construction company allows us to compress the time required for building out many smaller spaces, resulting in reduced vacancy periods.
- We recognize that having a range of experiences, backgrounds and perspectives allows us to find new ways of doing things.
Partnerships
- Recycling: In partnership with our vendors and tenants, we have implemented business waste and e-waste recycling programs (we do not generate any production waste or packaging waste) at our properties.
Legal & Regulatory Risks (Item 1A, quoted)
- We may incur significant costs to comply with laws, regulations and covenants.
- Our property taxes could increase due to property tax rate changes, reassessments or changes in property tax laws, which would adversely impact our cash flows.
- Litigation could have an adverse effect on our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ESBA | Empire State Realty OP, L.P. Se | USD 4.99 | ▲ 4.51% |
| PDM | Piedmont Realty Trust, Inc. | USD 9.63 | ▲ 4.11% |
| HIW | Highwoods Properties, Inc. | USD 30.47 | ▲ 4.24% |
| DEA | Easterly Government Properties, | USD 22.57 | ▲ 2.13% |
| SLG | SL Green Realty Corp | USD 49.19 | ▲ 5.38% |
| CDP | COPT Defense Properties | USD 33.83 | ▲ 2.24% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.
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