Scotiabank Maintains a “Sector Perform” on Douglas Emmett, Inc. (DEI)

Douglas Emmett, Inc. (NYSE:DEI) is among the Best Russell 2000 Stocks.

On May 21, Scotiabank analyst Nicholas Yulico bumped up his price target on Douglas Emmett, Inc. (NYSE:DEI) to $12 from $11.50. The analyst maintained a “Sector Perform” rating. On the positive side, he told investors that Q1 showed a strong start for NYC office leasing and strong tenant demand from asset managers, banks, and tech firms. He also stated that there has been mixed Multifamily rent growth across the Sunbelt, and occupancy is still below pre-2019 levels.

On May 5, Douglas Emmett, Inc. (NYSE:DEI) disclosed Q1 revenue of $251 million as compared to $252 million a year before. This quarter had a net loss income of $2 million as compared to the same quarter last year’s $40 million. FFO per share fell to $0.37 from $0.40. Leasing accelerated with 461,000 square feet signed while absorption stayed positive for a second quarter.

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For 2026, the company is expecting net loss per common share to be between $0.20 and $0.14 and FFO per fully diluted share to be $1.39 to $1.45.

Douglas Emmett, Inc. (NYSE:DEI) is a real estate investment trust working in real estate properties. It runs through two divisions of Office and Multifamily.

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