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DEIDouglas Emmett, Inc.Sell4.4·$12.57+0.48%
SellHigh Confidence
Investment thesis

Douglas Emmett is an office REIT that is free-cash-flow positive with a 39% FCF margin despite reporting GAAP losses, and has beaten earnings estimates in 3 of the past 4 quarters; however, a hard technical block from a death cross, high short interest at 26%, negative asymmetry, and concentration in a single geographic market combine to make this an unattractive setup at current levels.

Thesis pillars

  • Death Cross Hard Technical BlockStable
  • Fcf Positive Despite Gaap LossStable
  • Earnings Beat TrendStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Douglas Emmett, Inc. (DEI) Stock Analysis

Breakout setup · Catalyst-Driven edge

SellVALUE-TRAP 1/5High Confidence

Real Estate · REIT - Office

Sell if holding. Analyst target reached at $12.57 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Los Angeles County and Honolulu.

Douglas Emmett, Inc. owns and operates 70 office properties (18.0 million sq ft) and 15 multifamily properties (5,445 units) exclusively in Los Angeles County and Honolulu through a fully integrated REIT structure. The company earns rental income primarily from small... Read more

$12.57-0.9% A.UpsideScore 4.4/10#14 of 17 REIT - Office
QualityF-score4 / 9FCF yield15.36%
IncomeYield6.08%(5y avg 5.36%)Payout844.44%
Stop $11.77Target $12.46(resistance)A.R:R -0.9:1
Analyst target$12.80+1.8%10 analysts
$12.46our TP
$12.57price
$12.80mean
$11
$15

Sell if holding. Analyst target reached at $12.57 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Los Angeles County and Honolulu. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Score 4.4/10, high confidence.

Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 29d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202629d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
Concentration risk — Geographic: Los Angeles County and Honolulu
Analyst target reached - limited upside remaining
Leverage penalty (D/E 1.6): -1.0

Key Metrics

P/E (TTM)
P/E (Fwd)-118.7
Mkt Cap$2.5B
EV/EBITDA15.2
Profit Mgn-2.6%
ROE-1.9%
Rev Growth-0.2%
Beta1.18
Dividend6.08%
Rating analysts19

Quality Signals

Piotroski F4/9

Options Flow

P/C0.06bullish
IV72%elevated

Concentration Risks(10-K Item 1A)

  • HIGHGeographicLos Angeles County and Honolulu
    10-K Item 1A: 'All of our properties are located in Los Angeles County, California, and Honolulu, Hawaii'
  • LOWTenantlegal industry tenants20%
    10-K Item 1A: 'as a percentage of our annualized base rental revenue for the stabilized portfolio, 19.7% of our tenants operated in the legal industry'

Material Events(8-K, last 90d)

  • 2026-06-03Item 5.02LOW
    Stockholders approved the Douglas Emmett, Inc. 2026 Omnibus Stock Incentive Plan at the May 28, 2026 Annual Meeting. The plan was adopted by the Board on April 8, 2026 and authorizes grants covering up to 15 million shares. No further grants under the 2016 Plan.
    SEC filing →
  • 2026-04-10Item 5.02LOW
    Director Leslie E. Bider notified the company on April 6, 2026 that he will not stand for re-election and will retire at the May 28, 2026 Annual Meeting. No disagreement cited. Andy Cohen elected to the Board effective April 8, 2026 as replacement.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.6
Support Resistance
0.8
52w Position
5.8

Revenue shrinking — -0.2% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
2.5
Declining revenue: -0%
Low model confidence on this dimension (33%).
GatesA.R:R -0.9=NEGATIVEExecutive change: officer departure/appointmentMomentum 6.9>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 29d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
59 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $11.06Resistance $12.71

Price Targets

$12
$12
A.Upside-0.9%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-11.4% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-04 (29d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DEI stock a buy right now?

Sell if holding. Analyst target reached at $12.57 — A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Los Angeles County and Honolulu. Chart setup: Golden cross, above all MAs, RSI 59, MACD bullish. Prior stop was $11.77. Score 4.4/10, high confidence.

What is the DEI stock price target?

Take-profit target: $12.46 (-0.9% upside). Prior stop was $11.77. Stop-loss: $11.77.

What are the risks of investing in DEI?

Concentration risk — Geographic: Los Angeles County and Honolulu; Analyst target reached - limited upside remaining; Leverage penalty (D/E 1.6): -1.0.

Is DEI overvalued or undervalued?

Douglas Emmett, Inc. trades at a P/E of N/A (forward -118.7). TrendMatrix value score: 4.5/10. Verdict: Sell.

What do analysts say about DEI?

19 analysts cover DEI with a consensus score of 2.7/5. Average price target: $13.

What does Douglas Emmett, Inc. do?Douglas Emmett, Inc. owns and operates 70 office properties (18.0 million sq ft) and 15 multifamily properties (5,445...

Douglas Emmett, Inc. owns and operates 70 office properties (18.0 million sq ft) and 15 multifamily properties (5,445 units) exclusively in Los Angeles County and Honolulu through a fully integrated REIT structure. The company earns rental income primarily from small professional office tenants — led by legal, financial services, and real estate industries — and from apartment residents. Geographic concentration in two coastal markets creates exposure to California regulatory, seismic, and local economic cycle risks.

Related stocks: PSTL (Postal Realty Trust, Inc.) · CDP (COPT Defense Properties) · BXP (BXP, Inc.) · ESBA (Empire State Realty OP, L.P. Se) · DEA (Easterly Government Properties,)
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