Douglas Emmett Inc (DEI) concluded trading on Thursday at a closing price of $14.71, with 3.69 million shares of worth about $54.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.22% during that period and on July 18, 2024 the price saw a loss of about -1.28%. Currently the company’s common shares owned by public are about 167.21M shares, out of which, 160.76M shares are available for trading.
Stock saw a price change of 3.30% in past 5 days and over the past one month there was a price change of 11.27%. Year-to-date (YTD), DEI shares are showing a performance of 1.45% which increased to 6.90% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.76 but also hit the highest price of $16.12 during that period. The average intraday trading volume for Douglas Emmett Inc shares is 1.38 million. The stock is currently trading 7.28% above its 20-day simple moving average (SMA20), while that difference is up 7.08% for SMA50 and it goes to 10.25% higher than SMA200.
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Douglas Emmett Inc (NYSE: DEI) currently have 167.21M outstanding shares and institutions hold larger chunk of about 107.82% of that.
The stock has a current market capitalization of $2.46B and its 3Y-monthly beta is at 1.11. It has posted earnings per share of -$0.32 in the same period. It has a debt-to-equity ratio of 2.53. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DEI, volatility over the week remained 3.04% while standing at 2.31% over the month.
Stock’s fiscal year EPS is expected to rise by 94.58% while it is estimated to decrease by -1800.91% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on January 02, 2024 offering a Hold rating for the stock and assigned a target price range of between $10 and $15 to it. Coverage by Wedbush stated Douglas Emmett Inc (DEI) stock as a Neutral in their note to investors on October 03, 2023, suggesting a price target of $13 for the stock. On September 12, 2023, KeyBanc Capital Markets Initiated their recommendations, while on September 05, 2023, Piper Sandler Downgrade their ratings for the stock with a price target of $15. Stock get an Underperform rating from BofA Securities on August 08, 2023.
