Douglas Emmett, Inc. stock performance trend indicates that the stock price has rallied 7.45% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.13% . Looking at the past 52 week period, the stock price is up at 27.73% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Douglas Emmett, Inc. has a positive value of 16.61 compared to overall market.Douglas Emmett, Inc. is having a Relative Strength Index of 45.63 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Douglas Emmett, Inc. (NYSE:DEI) rallied by 0.89% during the past week but lost 1.56% on a 4-week basis. The company has outperformed the S&P 500 by 0.65% in the past week but underperformed the index by 2.68% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Douglas Emmett, Inc. (NYSE:DEI) : On Friday heightened volatility was witnessed in Douglas Emmett, Inc. (NYSE:DEI) which led to swings in the share price. The stock opened for trading at $38.03 and hit $38.78 on the upside , eventually ending the session at $38.51, with a gain of 0.81% or 0.31 points. The heightened volatility saw the trading volume jump to 1,382,322 shares. The 52-week high of the share price is $40.79 and the company has a market cap of $5,896 million. The 52-week low of the share price is at $28.97 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Feb 10, 2017 to Neutral, Raises Price Target to $ 39 from a previous price target of $37 .Company shares were Upgraded by Stifel on Feb 9, 2017 to Hold, Raises Price Target to $ 38 from a previous price target of $30 .
Company has reported several Insider transactions to the SEC, on Feb 17, 2017, Dan A Emmett (Chairman of the Board) sold 29,595 shares at 38.87 per share price.
Douglas Emmett Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.45. The company had revenue of $194.64 million for the quarter, compared to analysts expectations of $192.67 million. The companys revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.
DOUGLAS EMMETT INC is a fully integrated, self-administered and self-managed real estate investment trust and one of the largest owners and operators of high-quality office and multifamily properties located in premier submarkets in California and Hawaii. The Companys properties are concentrated in ten submarkets Brentwood, Olympic Corridor, Century City, Santa Monica, Beverly Hills, Westwood, Sherman Oaks/Encino, Warner Center/Woodland Hills, Burbank and Honolulu. The Company 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.