- DEI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $26.4 million.
- DEI has traded 1,166 shares today.
- DEI is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in DEI with the Ticky from Trade-Ideas. See the FREE profile for DEI NOW at Trade-Ideas More details on DEI: Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. As of December 31, 2007, the company's office portfolio consisted of 48 properties and multifamily portfolio consisted of 9 properties. The stock currently has a dividend yield of 2.4%. DEI has a PE ratio of 96. Currently there are 7 analysts that rate Douglas Emmett a buy, 2 analysts rate it a sell, and 2 rate it a hold. The average volume for Douglas Emmett has been 1.0 million shares per day over the past 30 days. Douglas Emmett has a market cap of $5.4 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.73 and a short float of 3.1% with 5.12 days to cover. Shares are up 17.2% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Douglas Emmett as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Highlights from the ratings report include:
- Despite its growing revenue, the company underperformed as compared with the industry average of 11.9%. Since the same quarter one year prior, revenues slightly increased by 4.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Net operating cash flow has increased to $89.84 million or 23.19% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 11.78%.
- Compared to its closing price of one year ago, DEI's share price has jumped by 25.63%, exceeding the performance of the broader market during that same time frame. Setting our sights on the months ahead, however, we feel that the stock's sharp appreciation over the last year has driven it to a price level which is now relatively expensive compared to the rest of its industry. The implication is that its reduced upside potential is not good enough to warrant further investment at this time.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, DOUGLAS EMMETT INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income has decreased by 17.8% when compared to the same quarter one year ago, dropping from $18.70 million to $15.37 million.
- You can view the full Douglas Emmett Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.