Robert W. Baird analyst Dave Rodgers maintained a Hold rating on Douglas Emmett (NYSE:DEI) on Wednesday, setting a price target of $34, which is approximately 4.81% above the present share price of $32.44.
Rodgers expects Douglas Emmett to post earnings per share (EPS) of $0.10 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Douglas Emmett, with an average price target of $32.75.
The analysts price targets range from a high of $35 to a low of $30.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $215.39 million and a net profit of $32.74 million. The company's market cap is $5.69 billion.
According to TipRanks.com, Robert W. Baird analyst Dave Rodgers is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.9% and a 70.22% success rate.
Douglas Emmett, Inc. is a real estate investment trust, which engages in the acquisition, development, ownership, and management of real estate properties. It operates through the following segments: Office, and Multifamily. The Office segment comprises rental of office space and other tenant services, including parking and storage space rental. The Multifamily segment includes rental of apartments and other tenant services, including parking and storage space rental. The company was founded on June 28, 2005 and is headquartered in Santa Monica, CA.