as 12-24-2024 4:00pm EST
Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms.
Founded: | 1971 | Country: | United States |
Employees: | N/A | City: | SANTA MONICA |
Market Cap: | 3.2B | IPO Year: | 2006 |
Target Price: | $17.43 | AVG Volume (30 days): | 1.4M |
Analyst Decision: | Hold | Number of Analysts: | 7 |
Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
EPS: | -0.10 | EPS Growth: | N/A |
52 Week Low/High: | $12.36 - $20.50 | Next Earning Date: | 02-04-2025 |
Revenue: | $965,443,000 | Revenue Growth: | -4.69% |
Revenue Growth (this year): | N/A | Revenue Growth (next year): | -0.33% |
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