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724800.0
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2012-07-14 00:00:00 UTC
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July Magic Formula Newsletter Pick: A Growth Microcap Company Trades like in Terminal Decline
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DECK
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https://www.nasdaq.com/articles/july-magic-formula-newsletter-pick-growth-microcap-company-trades-terminal-decline-2012-07
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nan
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nan
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GuruFocus publishes three monthly newsletters. These newsletters are the included features for Premium Members.
1. Ben Graham: Net-Net Newsletter focuses on net-net stocks that Ben Graham would buy. It is released on the first Friday of each month.
2. Micro-Cap Magic Formula Newsletter picks companies that have high return on capital and high earnings yield. It is released on the second Friday of each month.
3. Buffett-Munger Best Bargains Newsletter recommends companies that have high business quality, but traded at undervalued prices. A younger Buffett would buy this kind of companies. It is published on the third Friday of each month.
This is the July issue of the Magic Formula Newsletter.
This month's stock is growing at over 25% per year. It owns a patent protected device that is the only device of its kind that Medicare will reimburse. And its product is both cheaper and more effective than competing technologies.
But, despite that, the company trades like a company in terminal decline.
That could be changing soon. The company's hit an inflection point where their growth seems to be accelerating, and the CEO (who also owns >20% of the stock) has suggested that the company could be an attractive acquisition target to a larger player looking to gain a toehold in the market. In fact, he's gone as far to say that it would be cheaper to buy the company than it would be for a competitor to actually develop the technology and go through all of the approval process.
Even without that, another year of 25% growth and some margin expansion could have the company trading at under 3x EBIT in the near future. Somehow, it seem unlikely the market can ignore such rapid growth for that long.
We will buy this week's Magic Formula Newsletter pick on Monday, June 16.
Download this month's Microcap Magic Formula Newsletter.
Also don't miss:
June Ben Graham Net-Net Newsletter: A Ben Graham Net-Net with 19 Straight Years of Profits.
All the monthly newsletters are included in GuruFocus Premium Membership. If you are not a Premium Member, we invite you for a 7-day Free Trial.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Buffett-Munger Best Bargains Newsletter recommends companies that have high business quality, but traded at undervalued prices. In fact, he's gone as far to say that it would be cheaper to buy the company than it would be for a competitor to actually develop the technology and go through all of the approval process. If you are not a Premium Member, we invite you for a 7-day Free Trial.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors.
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Ben Graham: Net-Net Newsletter focuses on net-net stocks that Ben Graham would buy. Micro-Cap Magic Formula Newsletter picks companies that have high return on capital and high earnings yield. Also don't miss: June Ben Graham Net-Net Newsletter: A Ben Graham Net-Net with 19 Straight Years of Profits.
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Ben Graham: Net-Net Newsletter focuses on net-net stocks that Ben Graham would buy. The company's hit an inflection point where their growth seems to be accelerating, and the CEO (who also owns >20% of the stock) has suggested that the company could be an attractive acquisition target to a larger player looking to gain a toehold in the market. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .
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GuruFocus publishes three monthly newsletters. A younger Buffett would buy this kind of companies. This month's stock is growing at over 25% per year.
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dd47adf9-959d-4413-a322-2c7dfbb5fb1a
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724801.0
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2012-07-12 00:00:00 UTC
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Why Averaging Down Is A Bad Investment Strategy
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DECK
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https://www.nasdaq.com/articles/why-averaging-down-bad-investment-strategy-2012-07-12
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nan
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nan
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By Dr.Kris :
Whenever some financial "pundit" says that the best way to get into a stock is by averaging down, I cringe. Why? Because at best you'll be getting into a stock at a lower average price (which can also be accomplished to the very same effect when the stock is rising but more on that later) but more importantly, you can be getting into a stock that's poised to sink much, much lower-and that's a risk no one wants to take.
What is "averaging down"?
The concept of "averaging down" is straightforward. Say you buy a hundred shares of a stock at $100. It goes down to $90 and you buy more a hundred more. Your average cost per share has now been lowered to $95. Repeating this action as the stock falls will lower your average cost per share even more. Sounds good, right?
Investing or trading?
It depends. If you're investing in the stock -that is, you're viewing this as a trade and not a long-term investment-then averaging down is a strategy that runs counter to your goal of making a profit. Traders use buy and sell indicators to determine when to enter and exit positions. Should a stock fall enough to trigger a stop-loss, they exit the position and take a small loss at the most. Stock traders either don't care or don't know enough about the company's fundamentals to determine whether or not the drop in price is due to a temporary lack of buyers or whether it's reflecting a more serious problem that they don't know about or hasn't yet surfaced.
The situation may be different, though, if you're investing in the company itself. If, after doing your homework, you are convinced that the company is a good value and you are planning on holding the stock for a long time, then averaging down may work to your advantage. The operative word here is "may."
Even if you're convinced that management is on the right track and the fundamentals are solid, I still have a bias against this approach for a couple of good reasons. One is the fact that hype and circumstances can blind even the most judicious, rational investor. Previous Federal Reserve Chairman Alan Greenspan dubbed this condition "irrational exuberance."
Remember the dot-com bubble in 2000 when Internet stocks were bid up to frighteningly high valuations? How many of them are in business now? Go.com and Pets.com were two Internet darlings that quickly flamed out once the bubble burst.
Or what about accounting scandals that were kept so hush-hush that even top Wall Street analysts were fooled? Think Enron, Tyco, and WorldCom-companies that wiped out many a retirement account.
If you can't rely on market hype or trust fundamentals, then what recourse do you have other than using your mattress as a retirement plan? The answer is to follow the technicals because, unlike people, numbers don't lie.
A case study: It seemed like the perfect candidate
Let's take a look at a recent example of a market darling that has been experiencing a fall from grace. Last year this company was on everyone's buy list-Wall Street loved it, Main Street loved it. This is one of those "buy the dips" stocks making it a perfect candidate for the averaging down strategy.
What is the company? It's Deckers Outdoor ( DECK ), the maker of outdoor footwear and apparel. Their top brands include Teva and recently acquired Sanuk, but it's the Ugg brand of sheepskin footwear that makes up at least 80% of their sales and for which they are most known.
Brand popularity raises the stock
Deckers' stock suffered along with the rest of market during the 2007-2009 sub-prime crisis. In March of 2009 the market turned around. The S&P 500 staged a two year rally that ended in early May of 2011 when it hit a multi-year high. During that time, the S&P made a spectacular 100% return but as nice as that was it was chump change compared to the 650% return made by Deckers during the same period.
Clearly, investors and consumers were in love with the Ugg brand.
In the months that followed, the market began to slip as debt problems from the eurozone surfaced. Deckers, however, was marching to a different drum beat. It couldn't help but fall a bit in August of 2011 when the crisis was at its darkest, but it picked itself right back up. Late that October, the company reported earnings which blew out Wall Street estimates. The next day, the stock jumped over 10% and went on to post an all-time high of $118, tacking another 22% onto its previous gain.
Investors were euphoric.
The stock begins to lose its luster
But the bloom began to fade when the stock quickly reversed course in what would be the start of a major slide. Buying volume dried up reflecting a shift in institutional attitude. Because of the slack in buying pressure, the stock began to fall in tandem with the overall market.
On December 15th, an analyst at Sterne Agee downgraded the company citing slowing sales due to milder weather and rising material costs (mainly sheepskin). The price target on the stock was slashed from $130 to $72. The news triggered a 10% drop in the stock, breaking a major support level at $95 along the way. Many institutions and investors viewed this event as a shift in perception and began exiting their positions. Trading volume on that day was three times normal.
Was this a time to buy the stock? At $87 per share, it must have seemed like a bargain to those who were still enspelled by the Ugg mystique. Even CNBC's Mad Money maniac, Jim Cramer, named Deckers as one of his top holiday picks on December 27th. But some investors clearly didn't share his views.
Just two days later, the stock dropped another 8% on heavy volume. There was no news to account for the sell-off, but my guess is that investors and portfolio managers smelled a dog and were looking to shore up their books before the end of the year.
Another nail in the coffin
For the next couple of months the stock languished in a narrow trading range between $80 and $90 until its next earnings report on February 23rd of this year. Although the company beat again on earnings, it guided fiscal year 2012 earnings well below consensus. The reasons that management gave echoed the Stern Agee analyst's concerns: increasing material costs coupled with unseasonably warm weather. There is another possibility, however, that management would never stake claim to and that is this: Could the consumer's passion for the Ugg brand be waning?
A company issuing downward guidance is not the news investors care to hear and they responded by pulling out en masse. The stock tanked, losing yet another $10 per share along with 10% of its value, closing under the $80 support level for the second time.
It proceeded to fall from there. The downward trend came to a halt in mid-April when, with just a little more than a week before its next earnings release, the stock rallied back to $70 resistance on the anticipation of better news. To die-hard investors, hope springs eternal.
Unfortunately, their hopes were dashed when the company missed estimates-something it hasn't done in six years. The next day the stock opened down over 18% in yet another mass exodus. You have to hand it to that Stern Agee analyst-he was right on direction but a wee bit off on price target. Not only was his $72 price target violated, the stock broke support at $60. And it's been sliding ever since.
The cost of averaging down
There are many ways to construct an averaging down scenario on this stock but let's just say that you've been following the company for months or even years since the 2009 market low. In October of 2011, you witnessed the earnings blowout and were finally convinced that the company was "the real deal" and decided to buy the stock "on the dips."
The first dip following the earnings release occurred when the stock broke support at $110 on November 9th. If you had gone on to accumulate the stock using the "buy the dip" mentality, you would have bought at the events listed on Chart #1. These events include the break in support, the aforementioned analyst downgrade, and the subsequent disappointing earnings reports.
Chart #1
(Click to enlarge)
If you would have stuck with the averaging down philosophy by buying on the dips (using an equal share strategy and not including commissions or fees), your cost basis would now be near $81, as determined from the following table:
Averaging Down
(Closing prices are used unless otherwise noted.)
At the time of this writing, Deckers stock is at $44. That's a 45% discount from the average price of $81. If that statistic doesn't bum you out, this one will: You'll need an 84% move to the upside just to get back to your break-even point!
Seriously, is that what you want or would you rather try a different approach?
The opposite approach: Averaging up
Instead of the "buying the dips" mentality, how about buying the pops? That is, buy when the stock gaps up either due to a compelling technical reason such as breaking through a key resistance level or due to a compelling fundamental reason such beating earnings estimates, raising earnings and/or revenue guidance, making key acquisitions, etc.
Let's use this "averaging up" approach with our candidate company, Deckers, and see how it compares with the opposite strategy of averaging down.
The market is rising and so is the stock
Let's say it's early spring of 2009 and you've been making a list of stocks you'd like to buy once the market rallies. You find the Ugg brand appealing and are interested in possibly buying a piece of the company. You research the fundamentals and like what you find.
Next, you turn to the stock chart and see that it's beginning to rise along with the overall market. You patiently watch it, waiting for a catalyst to give you the buy signal. Finally, you get one in late October of 2009 when the company easily beats Wall Street's earnings estimates. The next day, the stock gaps up on heavy volume and you jump in.
You keep on doing the same thing-buying the pops-for the next several quarters as the company continues to thrive and beat estimates. Chart #2 below shows the dates of the last three trades that are included in the following table. (There wasn't room to show all four trades, but suffice it to say that the first one is very similar to the others.). Note the "pop" in the stock and the spike in volume following each earnings report.
Chart #2
(Click to enlarge)
If you had bought on each of these earnings "pops," your stock position would look like this:
Averaging Up
Sure, your average cost basis is more than your initial price of $32.36, but you still have the satisfaction of knowing that you're holding a position that's profitable down to your break-even point of $45. That's quite a sizable safety cushion! And isn't having a safety cushion a lot better than trying to play catch-up?
Deciding when the buying stops and the selling begins
You could keep on accumulating shares as the price rises, but a prudent investor (without a very long investment horizon) would begin selling his or her position at the sign that the company's fortune is reversing. The first technical indication that Deckers may be in trouble came on 11/9/11 when the stock broke its $110 support level. (This was the date of the first "buy the dips" purchase.)
The "official" tell, though, was the analyst downgrade on 12/15/11 mentioned earlier. You would have seen the stock gap through its $95 support level (see Chart #1) and either have chosen to sell some or all of your position. If you had sold all of it at the closing price of $86.46, you still would have made a profit of $40.75 a share-that's a gain of 90%! But even if you had steadfastly held onto your entire position throughout the stock's further decline, you'd just be at the break-even point right now (at the time of this writing). Isn't it comforting to know that you're even able to weather such a tough storm?
Summary
We've seen how averaging down can lead to disaster while the opposite approach, averaging up, can lead to higher profits at lower risk. I can hear your thinking: Why would someone buy a stock on the way down when the fundamentals are indicating a contraction in growth? Don't forget the power of irrational exuberance-even a seasoned Wall Street professional like Jim Cramer gave Deckers a two thumbs up following a 30% drop in stock price AND a major downgrade. Just remember that investor perception can take much longer to shift than the price of a stock.
So, if you're ever tempted to buy a stock on the way down, recall this "Ugg-ly" example and resist the urge. Don't let it happen to you!
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
See also 5 Large Cap Energy Stocks That Offer High Dividend, Low Risk on seekingalpha.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Don't forget the power of irrational exuberance-even a seasoned Wall Street professional like Jim Cramer gave Deckers a two thumbs up following a 30% drop in stock price AND a major downgrade. It's Deckers Outdoor ( DECK ), the maker of outdoor footwear and apparel. Brand popularity raises the stock Deckers' stock suffered along with the rest of market during the 2007-2009 sub-prime crisis.
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It's Deckers Outdoor ( DECK ), the maker of outdoor footwear and apparel. Brand popularity raises the stock Deckers' stock suffered along with the rest of market during the 2007-2009 sub-prime crisis. During that time, the S&P made a spectacular 100% return but as nice as that was it was chump change compared to the 650% return made by Deckers during the same period.
|
It's Deckers Outdoor ( DECK ), the maker of outdoor footwear and apparel. Brand popularity raises the stock Deckers' stock suffered along with the rest of market during the 2007-2009 sub-prime crisis. During that time, the S&P made a spectacular 100% return but as nice as that was it was chump change compared to the 650% return made by Deckers during the same period.
|
Let's use this "averaging up" approach with our candidate company, Deckers, and see how it compares with the opposite strategy of averaging down. It's Deckers Outdoor ( DECK ), the maker of outdoor footwear and apparel. Brand popularity raises the stock Deckers' stock suffered along with the rest of market during the 2007-2009 sub-prime crisis.
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9d9bcd7c-ec8b-49e8-8138-3644b50d3dbb
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724802.0
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2012-07-11 00:00:00 UTC
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Wolverine Misses, Maintains Outlook - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/wolverine-misses-maintains-outlook-analyst-blog-2012-07-11
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nan
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nan
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Wolverine World Wide Inc . ( WWW ), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted lower-than-expected second-quarter 2012 results.
Unhurried sales and decline in profitability took a toll on the company's earnings as Wolverine reported adjusted quarterly earnings of 41 cents a share, down 14.6% from the prior-year quarters' earnings of 48 cents and missed the Zacks Consensus Estimate of 44 cents.
Including one-time items, earnings came in at 42 cents a share, down 12.5% from the year-ago quarter.
Wolverine, the seller of products under Harley-Davidson Footwear, Hush Puppies, Merrell and other brands, marked an increase of 0.8% in its top line to $312.7 million. However, the reported revenue came below the Zacks Consensus Estimate of $314 million.
Secular headwinds and lingering concerns over the European market spoiled sales during the quarter. Further, foreign exchange added fuel to the fire by negatively impacting revenue.
Coming to the operating groups, revenues increased 2.7% year over year to $130.7 million for Outdoor, while it decreased 3.4% to $99.4 million for Heritage and 0.5% to $41.3 million for Lifestyle. Other business units, comprising Wolverine retail and leathers, posted a revenue growth of 8.5% to reach $37.8 million.
Gross profit decreased 3.4% year over year to $118.1 million during the quarter, whereas gross margin contracted 160 basis points to 37.8%. Management stated that increased input costs and unfavorable sales mix shift pulled down gross margins.
Adjusted operating profit plunged 16.7% to $27.8 million in the quarter, while adjusted operating margin shrinked 190 basis points to 8.9%. However, including one-time items, operating profit decreased 31.5% to $22.8 million, whereas operating profit margin decreased 350 basis points.
In a separate development, Wolverine announced the acquisition of Collective Brands' ( PSS ) Performance + Lifestyle Group (PLG) unit. The PLG unit sells footwear and related products, both wholesale and retail, for children and adults under popular brands including Stride Rite, Sperry Top-Sider, Saucony, and Keds.
The deal is expected to provide ample opportunities to Wolverine to boost its growth prospects while facilitating the company to enhance its portfolio of brands. The company expects to close the deal during third quarter or early in fourth quarter.
Other Financial Aspects
Wolverine ended second-quarter 2012 with cash and cash equivalents of $156.6 million with no long-term debt and shareholders' equity of $627.6 million.
Management Backs Guidance
Despite soft results, management remains optimistic for the coming quarters and maintained its earnings guidance for the current fiscal. Wolverine expects fiscal 2012 earnings between $2.70 and $2.80 a share, representing a growth of 8.9% to 12.9% from the prior year.
Moreover, Wolverine expects total revenue in the range of $1.46 billion to $1.50 billion for fiscal 2012, reflecting a year-over-year growth of 3.6% to 6.4%.
For the third quarter of 2012, the company expects revenues to be in the low-to-mid-single-digit range, while earnings are expected to remain flat year over year.
Rockford, Michigan-based Wolverine enjoyed increased momentum in fiscal 2011, which we expect to continue into fiscal 2012. Moreover, we believe that the company remains well positioned to increase its market share on the strength of its brand portfolio. The Merrell brand has been the key growth driver in the past decade, and we expect it to catalyze future growth.
Currently, we are maintaining a long-term 'Neutral' rating on the stock. Moreover, Wolverine, which competes with Timberland Co . ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . ( SKX ), has a Zacks #3 Rank that translates into a short-term 'Hold' recommendation.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
COLLECTIVE BRND (PSS): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
(TBL): ETF Research Reports
WOLVERINE WORLD (WWW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . DECKERS OUTDOOR (DECK): Free Stock Analysis Report COLLECTIVE BRND (PSS): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Wolverine, the seller of products under Harley-Davidson Footwear, Hush Puppies, Merrell and other brands, marked an increase of 0.8% in its top line to $312.7 million.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report COLLECTIVE BRND (PSS): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . Gross profit decreased 3.4% year over year to $118.1 million during the quarter, whereas gross margin contracted 160 basis points to 37.8%.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report COLLECTIVE BRND (PSS): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . Unhurried sales and decline in profitability took a toll on the company's earnings as Wolverine reported adjusted quarterly earnings of 41 cents a share, down 14.6% from the prior-year quarters' earnings of 48 cents and missed the Zacks Consensus Estimate of 44 cents.
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( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . DECKERS OUTDOOR (DECK): Free Stock Analysis Report COLLECTIVE BRND (PSS): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. Coming to the operating groups, revenues increased 2.7% year over year to $130.7 million for Outdoor, while it decreased 3.4% to $99.4 million for Heritage and 0.5% to $41.3 million for Lifestyle.
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688b026a-f004-4cea-ab73-697ad319d394
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724803.0
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2012-07-10 00:00:00 UTC
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Skechers Upgraded to Outperform - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/skechers-upgraded-to-outperform-analyst-blog-2012-07-10
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nan
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nan
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We believe that California-based Skechers U.S.A., Inc. ( SKX ); through its distribution networks, subsidiaries and joint ventures; is poised to enhance its global reach in the footwear market. Moreover, the company recently posted better-than expected first-quarter 2012 results. As a result, we upgrade our recommendation on the stock to Outperform from Neutral.
Skechers, which has lately been focusing on clearing its excess toning inventory, is now showing some signs of stability through its increased emphasis on new line of products, cost containment efforts, inventory management and margin improvement.
In the recently reported first quarter, the company delivered a quarterly loss of 7 cents per share that fared far better than the Zacks Consensus Estimate of loss of 27 cents, and improved substantially from a loss of 54 cents incurred in fourth-quarter 2011. Total sales of $351.3 million also surpassed the Zacks Consensus Estimate of $336.0 million.
Based on the initiatives taken, Skechers anticipates returning to profitability in the second half of fiscal 2012, and sustaining the momentum in 2013 and thereafter. Moreover, international business remains a significant growth driver for the company's sales. Management projects international sales to pick up in the back half of the year.
Skechers portrays a healthy balance sheet with cash and cash equivalents of $391.6 million at the end of the first quarter of 2012. The company also maintains a low debt-level of $84.1 million. The blend of ample liquidity and innovative products positions it to capitalize on future growth opportunities.
Moreover, Skechers continues to offer a diversified portfolio of brands that includes a wide range of fashion, athletic, non-athletic, and work footwear at compelling prices. This multi-brand strategy enables the company to roll out new products without cannibalizing its existing brands and helps to expand the targeted demographic profile of customers.
Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), is trying every means to reposition itself for 2012. These include lowering of selling and marketing expenses, consolidating of North American distribution facilities under one roof, streamlining inventory, and new product offerings. Further, the company also intends to lower its operating expenses relative to total revenue in the later half of 2012.
Based on the above analysis, we believe Skechers has strong fundamental outlook and expect it to continue accelerating revenue and earnings growth over the next few quarters. Our new long-term Outperform recommendation is supported by a Zacks #2 Rank (short-term Buy rating).
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
NIKE INC-B (NKE): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), is trying every means to reposition itself for 2012. DECKERS OUTDOOR (DECK): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, Skechers continues to offer a diversified portfolio of brands that includes a wide range of fashion, athletic, non-athletic, and work footwear at compelling prices.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report To read this article on Zacks.com click here. Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), is trying every means to reposition itself for 2012. In the recently reported first quarter, the company delivered a quarterly loss of 7 cents per share that fared far better than the Zacks Consensus Estimate of loss of 27 cents, and improved substantially from a loss of 54 cents incurred in fourth-quarter 2011.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report To read this article on Zacks.com click here. Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), is trying every means to reposition itself for 2012. Skechers, which has lately been focusing on clearing its excess toning inventory, is now showing some signs of stability through its increased emphasis on new line of products, cost containment efforts, inventory management and margin improvement.
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Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), is trying every means to reposition itself for 2012. DECKERS OUTDOOR (DECK): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report To read this article on Zacks.com click here. As a result, we upgrade our recommendation on the stock to Outperform from Neutral.
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61e5720b-c950-404d-bf3f-43a75b591d04
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724804.0
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2012-07-09 00:00:00 UTC
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Bearish MACD for Deckers Outdoor Corp. - Tale of the Tape
|
DECK
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https://www.nasdaq.com/articles/bearish-macd-for-deckers-outdoor-corp.-tale-of-the-tape-2012-07-09
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nan
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nan
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.3134. The Zacks #4 Rank ("Sell") stock decreased more than 1.69% to $44.28 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 3 cents over the past week to $4.54 per share.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.3134. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 3 cents over the past week to $4.54 per share.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.3134. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.3134. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.3134. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks #4 Rank ("Sell") stock decreased more than 1.69% to $44.28 in morning trade.
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42178827-2289-4329-8b75-b035c3aad2ec
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724805.0
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2012-07-09 00:00:00 UTC
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Earnings Preview: Wolverine - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/earnings-preview%3A-wolverine-analyst-blog-2012-07-09
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nan
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nan
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Wolverine World Wide Inc . ( WWW ), a leading designer, manufacturer and marketer of branded footwear and apparel, is scheduled to report its second-quarter 2012 financial results on Tuesday, July 10, 2012.
The current Zacks Consensus Estimate for the quarter stands at 44 cents per share, indicating an estimated decrease of 8.3% from the prior-year quarter. Revenue, as per the Zacks Consensus Estimate, is $314 million.
First-Quarter 2011, a Synopsis
On April 23, 2012, Wolverine posted soft first-quarter 2012 results. Lower sales and a decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 64 cents a share, down 11.1% from the prior-year quarter's earnings of 72 cents. However, the reported earnings exceeded the Zacks Consensus Estimate of 54 cents.
Wolverine marked a 2.4% decrease in its top line to $322.8 million. The reported revenue was also below the Zacks Consensus Estimate of $334 million.
Guidance
Management remains optimistic for the coming quarters and raised its earnings guidance for the current fiscal year. Wolverine now expects 2012 earnings between $2.70 and $2.80 a share, representing growth of 8.9% to 12.9% from the prior year.
Moreover, Wolverine revised its sales guidance and expects total revenue in the range of $1.46 billion to $1.50 billion for fiscal 2012, reflecting year-over-year growth of 3.6% to 6.5%.
For the second quarter of 2012, the company expects revenues to remain flat or increase in low single digits, while gross margin is forecasted to be slightly down or remain flat. Earnings are expected to be in the range of 40 cents to 45 cents per share.
Agreement of Estimate Revisions
For the to-be-reported quarter, 2 out of 10 estimates have been revised downwards over the past 7 and 30 days respectively, while none were raised. Moreover, for fiscal 2012, the story remains more or less the same with 1 estimate (out of 10) being revised downwards, with none moving in the opposite direction.
Magnitude of Estimate Revisions
There was no movement in the Zacks Consensus Estimate for the second quarter of 2012, either in the last 7 or 30 days; analysts covering the stock have kept their estimates intact in the absence of any major news having a direct or an indirect impact on the estimates.
Surprise History
With respect to earnings surprises, Wolverine has either topped or met the Zacks Consensus Estimate over the last four quarters with an average earnings surprise of 9.1%.
Wolverine Holds Zacks #3 Rank
Rockford, Michigan-based Wolverine enjoyed increased momentum in fiscal 2011, which we expect to continue into fiscal 2012. Moreover, we believe that the company remains well positioned to increase its market share on the strength of its brand portfolio.
The Merrell brand has been the key growth driver in the past decade, and we expect it to catalyze future growth. The company's multi-brand portfolio, geographical diversification, and multi-distribution channel strategy remain its key growth drivers.
However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term Neutral recommendation on the stock. Moreover, Wolverine holds Zacks #3 Rank that translates into a short-term Hold rating.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
(TBL): ETF Research Reports
WOLVERINE WORLD (WWW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term Neutral recommendation on the stock. DECKERS OUTDOOR (DECK): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. ( WWW ), a leading designer, manufacturer and marketer of branded footwear and apparel, is scheduled to report its second-quarter 2012 financial results on Tuesday, July 10, 2012.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term Neutral recommendation on the stock. Lower sales and a decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 64 cents a share, down 11.1% from the prior-year quarter's earnings of 72 cents.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term Neutral recommendation on the stock. Lower sales and a decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 64 cents a share, down 11.1% from the prior-year quarter's earnings of 72 cents.
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However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term Neutral recommendation on the stock. DECKERS OUTDOOR (DECK): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report (TBL): ETF Research Reports WOLVERINE WORLD (WWW): Free Stock Analysis Report To read this article on Zacks.com click here. The current Zacks Consensus Estimate for the quarter stands at 44 cents per share, indicating an estimated decrease of 8.3% from the prior-year quarter.
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80c1dda6-1c23-4bc7-ac99-5b49c41eed4b
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724806.0
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2012-07-09 00:00:00 UTC
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Earnings Preview: Wolverine World Wide
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DECK
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https://www.nasdaq.com/articles/earnings-preview-wolverine-world-wide-2012-07-09
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nan
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nan
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Wolverine World Wide (NYSE: WWW ) is scheduled to announce earnings on Tuesday, July 10, before market open. Analysts are expecting the company to announce second quarter adjusted earnings per share ( EPS ) of $0.44 on revenues of $314.5 million. The median target price from analysts surveyed is $45.50.
Wolverine has met or exceeded analyst estimates the last four quarters.
Company History
Founded in 1883, Wolverine World Wide manufactures, designs, licenses, and distributes a wide variety of footwear and apparel brands. The company's brands and licensing efforts include Hush Puppies, Patagonia Footwear, CAT (NYSE: CAT ) Footwear, Harley-Davidson (NYSE: HOG ) footwear, and Merrell. Wolverine birthed Hush Puppies in 1958, launched the brand in 1959, and went public in 1965 after rebranding from "Wolverine Shoe and Tanning".
Wolverine picked up CAT Footwear in 1994, and purchased the Merrell brand in 1997. The company acquired Harley-Davidson footwear licensing in 1998. The 2000's encompassed a whirlwind of licensing and acquisition activity including its purchase of Sebago in 2003, its Patagonia Footwear license in 2006, and its acquisitions of Chaco and UK-based Cushe in 2009. Company sales hit $1 billion for the first time in 2005, according to Wolverine's website .
More recently, Wolverine made headlines in May after it announced a definitive agreement with Blum Capital and Golden Gate Capital to acquire Collective Brands (NYSE: PSS ) for $21.75 per share on a purchase valued at $2 billion including debt. Collective Brands reported a $35 million loss the previous year and announced its intention to close 475 stores. The deal is expected to close in Q4 2012.
Collective Brands' holdings include Keds, Sperry, Stride Rite, Saucony, and Payless ShoeSource (Payless turned into Collective Brands following its acquisition of Collective Licensing and Stride Rite in 2007). A few days after the announcement, investor Gregory Dusablon filed suit against Collective Brands citing a deprivation of "ability to participate in the company's long term prospects," according to Bloomberg. The takeover represents the largest footwear consolidation since VF Corp (NYSE: VFC ) bought Timberland for $1.97 billion last year.
In the takeover, Wolverine is slated to acquire the Sperry, Saucony, Stride Rite, and Keds brands, with Blum Capital and Golden Gate picking up the Payless brand as well as Collective Brands' international licensing arm.
Shares of Wolverine have a price to earnings (P/E) ratio of 16.05 and a forward P/E of 12.92, compared to Steven Madden's (NASDAQ: SHOO ) P/E of 14.47 and forward P/E of 10.98; Deckers Outdoor's (NASDAQ: DECK ) P/E of 9.40 and forward P/E of 8.28; and Crocs' (NASDAQ: CROX ) P/E of 12.12 and forward P/E of 9.20. Of the four competitors year-to-date, SHOO is down 2.41 percent, DECK is down over 41 percent, CROX is up 3.42 percent, and WWW is up almost 7 percent.
Wolverine shares have a short ratio of 3.4 and PEG of 1.41. The company offers a $0.48 per share (1.30 %) dividend.
Analyst Insight
Sterne Agee lowered its fiscal year 2012 estimates on July 2 from $2.69 EPS on $1.46 billion to $2.59 EPS on $1.7 billion, versus Wolverine's previous guidance of $2.70 to $2.80 EPS on $1.46 to $1.50 billion, leading into the company's earnings. Sterne Agee maintained its $36 price target and Underperform rating, citing concerns on slower trends in key initiatives, long-term viability of the company's PLG acquisition, and increased competition in the sector. For second quarter adjusted EPS, the ratings firm lowered its Q2 2012 guidance from $0.45 to $0.43.
In the report, Sterne Agee stated, "We contend that WWW has overcommitted to the category and has not paid enough attention to the core business, which can present pressures going forward. While some of the other brands such Hush Puppies and Chaco are preforming well, they are simply not large enough to make up for the slowing of Merrell."
Conversely, Jefferies stated in a July 5 report that it expects Wolverine to be "relatively in line with expectations," modeling its second quarter EPS at $0.45 - a penny above the Street's consensus. Jefferies stated in the report that the company's previous guidance appropriately reflected Merrell's Barefoot product line debut anniversary as well as macro and European risk factors. Jefferies has a Buy rating and $49 price target on the company.
In the report, Jefferies stated, "We view WWW as a relatively defensive name that it appears poised to outperform in an uncertain macro environment. The combination of a diverse footwear portfolio and strong management provide earnings stability at a time like this. The upside case comes from the pending PLG (PSS, $21.45, NC) acquisition but also an easy winter comparison along with a moderating product cost environment in the second half."
D.A. Davidson maintained its Buy rating and lowered its price target by a dollar from $50 to $49 on July 5, citing a bullish outlook on Wolverine's growth and a favorable position on the company's PLG acquisition.
In the report, D.A. Davidson stated, "With economic uncertainty abound, we believe the growth and earnings accretion provided by the PLG acquisition will look increasingly attractive to investors. Furthermore, we believe initial PLG 2013 accretion guidance of $0.25-$0.40 will prove conservative, providing a valuable lever for either offsetting economic-related shortfalls in the core business or upward earnings revisions."
Sector Trends
Nike's (NYSE: NKE ) earnings miss shook up the footwear industry, reporting Q4 2011 net income of $549 million or $1.17 per share versus $594 million or $1.24 per share on June 28. Shares gapped significantly lower the next trading day - bottoming around $85 - and then rallying into the open , sitting at $89.54 in intraday trading. Shares of Nike closed Thursday at $92.20, down over 4 percent year-to-date.
Luxury retailers have also felt the pain of slower-than-expected sales in the sector, with shares of Coach (NYSE: COH ) down almost 6 percent year to date and Vera Bradley (NASDAQ: VRA ) down over 33 percent year to date. Atlantic Securities raised its Coach rating to Overweight on Monday, however, and Canaccord Genuity upgraded fellow competitor Tiffany (NYSE: TIF ) to Buy last week. With the weakness seen across the board in various retail and cyclical companies, some traders may see these pullbacks as a buying opportunity.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of Wolverine have a price to earnings (P/E) ratio of 16.05 and a forward P/E of 12.92, compared to Steven Madden's (NASDAQ: SHOO ) P/E of 14.47 and forward P/E of 10.98; Deckers Outdoor's (NASDAQ: DECK ) P/E of 9.40 and forward P/E of 8.28; and Crocs' (NASDAQ: CROX ) P/E of 12.12 and forward P/E of 9.20. Of the four competitors year-to-date, SHOO is down 2.41 percent, DECK is down over 41 percent, CROX is up 3.42 percent, and WWW is up almost 7 percent. A few days after the announcement, investor Gregory Dusablon filed suit against Collective Brands citing a deprivation of "ability to participate in the company's long term prospects," according to Bloomberg.
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Shares of Wolverine have a price to earnings (P/E) ratio of 16.05 and a forward P/E of 12.92, compared to Steven Madden's (NASDAQ: SHOO ) P/E of 14.47 and forward P/E of 10.98; Deckers Outdoor's (NASDAQ: DECK ) P/E of 9.40 and forward P/E of 8.28; and Crocs' (NASDAQ: CROX ) P/E of 12.12 and forward P/E of 9.20. Of the four competitors year-to-date, SHOO is down 2.41 percent, DECK is down over 41 percent, CROX is up 3.42 percent, and WWW is up almost 7 percent. The company's brands and licensing efforts include Hush Puppies, Patagonia Footwear, CAT (NYSE: CAT ) Footwear, Harley-Davidson (NYSE: HOG ) footwear, and Merrell.
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Shares of Wolverine have a price to earnings (P/E) ratio of 16.05 and a forward P/E of 12.92, compared to Steven Madden's (NASDAQ: SHOO ) P/E of 14.47 and forward P/E of 10.98; Deckers Outdoor's (NASDAQ: DECK ) P/E of 9.40 and forward P/E of 8.28; and Crocs' (NASDAQ: CROX ) P/E of 12.12 and forward P/E of 9.20. Of the four competitors year-to-date, SHOO is down 2.41 percent, DECK is down over 41 percent, CROX is up 3.42 percent, and WWW is up almost 7 percent. The company's brands and licensing efforts include Hush Puppies, Patagonia Footwear, CAT (NYSE: CAT ) Footwear, Harley-Davidson (NYSE: HOG ) footwear, and Merrell.
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Shares of Wolverine have a price to earnings (P/E) ratio of 16.05 and a forward P/E of 12.92, compared to Steven Madden's (NASDAQ: SHOO ) P/E of 14.47 and forward P/E of 10.98; Deckers Outdoor's (NASDAQ: DECK ) P/E of 9.40 and forward P/E of 8.28; and Crocs' (NASDAQ: CROX ) P/E of 12.12 and forward P/E of 9.20. Of the four competitors year-to-date, SHOO is down 2.41 percent, DECK is down over 41 percent, CROX is up 3.42 percent, and WWW is up almost 7 percent. Analysts are expecting the company to announce second quarter adjusted earnings per share ( EPS ) of $0.44 on revenues of $314.5 million.
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ec4c5c5b-f775-4a31-8aae-f26fcb9e1ed9
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724807.0
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2012-06-25 00:00:00 UTC
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Bearish MACD for Deckers Outdoor Corp. - Tale of the Tape
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DECK
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https://www.nasdaq.com/articles/bearish-macd-for-deckers-outdoor-corp.-tale-of-the-tape-2012-06-25
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nan
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nan
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.9010. The Zacks #4 Rank ("Sell") stock decreased more than 2.56% to $43.85 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.9010. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.9010. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.9010. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.9010. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks #4 Rank ("Sell") stock decreased more than 2.56% to $43.85 in morning trade.
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ea0ae16c-56e9-4769-9a7a-a105abcdc670
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724808.0
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2012-06-18 00:00:00 UTC
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Bearish on Deckers - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/bearish-on-deckers-analyst-blog-2012-06-18
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nan
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nan
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Deckers Outdoor Corporation 's ( DECK ) disappointing first-quarter 2012 results and dismal fiscal 2012 outlook compelled us to take a bearish stance on the stock. Consequently, we downgraded our recommendation to Underperform with a target price of $44.00. Earlier, we had a Neutral view on the stock.
Deckers posted lower-than-expected first quarter results as unfavorable weather conditions adversely impacted the sales of UGG boots. The rise in sheepskin prices (up 40% from the 2011 level) and increased operating expenses also hurt the bottom line. As a result, management lowered its fiscal 2012 outlook.
The first quarter earnings of 20 cents a share missed the Zacks Consensus Estimate of 25 cents, and dropped more than 50% from 49 cents earned in the prior-year quarter.
Management now anticipates fiscal 2012 earnings to decline between 9% and 10%. Earlier, the company had projected earnings to remain flat with the prior year. For the second quarter, Deckers predicts loss per share of 60 cents.
Total revenue is now expected to increase 14% during 2012, one percentage point lower than what was forecast earlier. Deckers now anticipates its UGG brand sales to rise approximately 10% and Teva brand sales to increase in the low-to-mid single-digit range, whereas other brand sales are expected to decline by approximately 15%.
Previously, the company had estimated 11% growth in the UGG brand and 10% increase in Teva brand sales. Management had predicted sales to remain flat for the other brand.
Deckers also forecast a gross profit margin contraction of 250 basis points during fiscal 2012 due to increases in costs of goods sold and closeout sales level, partly offset by a calculative price rise, and higher contribution from retail sales and the Sanuk brand.
We believe that the company's over-reliance on the UGG brand is a matter of concern. In the event of stagnation or decline of UGG sales growth, Deckers' overall results will be affected adversely. This is because the percentage of contribution from the company's other brands are too small to offset any slowdown in UGG sales.
Further, due to high exposure to international markets, Deckers remains prone to currency fluctuations. The weakening of foreign currencies against the U.S. dollar may require the company to either raise prices or contract profit margins in locations outside of the U.S. An increase in price may have an adverse impact on the demand for the products.
Moreover, Deckers faces intense competition in the footwear industry from other big shots such as Nike Inc. ( NKE ), on several attributes such as style, price, quality, comfort and brand strength. This may dent the company's sales and margins.
The above analysis supports our unbiased view, and advocates our bearish opinion on the stock, which is well defined through our Zacks #4 Rank that translates into a short-term "Sell" rating.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
NIKE INC-B (NKE): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation 's ( DECK ) disappointing first-quarter 2012 results and dismal fiscal 2012 outlook compelled us to take a bearish stance on the stock. Moreover, Deckers faces intense competition in the footwear industry from other big shots such as Nike Inc. ( NKE ), on several attributes such as style, price, quality, comfort and brand strength. Deckers posted lower-than-expected first quarter results as unfavorable weather conditions adversely impacted the sales of UGG boots.
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Deckers now anticipates its UGG brand sales to rise approximately 10% and Teva brand sales to increase in the low-to-mid single-digit range, whereas other brand sales are expected to decline by approximately 15%. DECKERS OUTDOOR (DECK): Free Stock Analysis Report NIKE INC-B (NKE): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation 's ( DECK ) disappointing first-quarter 2012 results and dismal fiscal 2012 outlook compelled us to take a bearish stance on the stock.
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Deckers now anticipates its UGG brand sales to rise approximately 10% and Teva brand sales to increase in the low-to-mid single-digit range, whereas other brand sales are expected to decline by approximately 15%. Deckers also forecast a gross profit margin contraction of 250 basis points during fiscal 2012 due to increases in costs of goods sold and closeout sales level, partly offset by a calculative price rise, and higher contribution from retail sales and the Sanuk brand. Deckers Outdoor Corporation 's ( DECK ) disappointing first-quarter 2012 results and dismal fiscal 2012 outlook compelled us to take a bearish stance on the stock.
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Deckers also forecast a gross profit margin contraction of 250 basis points during fiscal 2012 due to increases in costs of goods sold and closeout sales level, partly offset by a calculative price rise, and higher contribution from retail sales and the Sanuk brand. Deckers Outdoor Corporation 's ( DECK ) disappointing first-quarter 2012 results and dismal fiscal 2012 outlook compelled us to take a bearish stance on the stock. Deckers posted lower-than-expected first quarter results as unfavorable weather conditions adversely impacted the sales of UGG boots.
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47de457b-2906-4775-887f-5a46c40f90b5
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724809.0
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2012-06-18 00:00:00 UTC
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Deckers Outdoor Corp. (DECK) - Bear of the Day
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-deck-bear-of-the-day-2012-06-18
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nan
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nan
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Deckers Outdoor's ( DECK ) first-quarter 2012 earnings of $0.20 per share missed the Zacks Consensus Estimate of $0.25, and fell over 50% from the prior-year quarter as the unfavorable weather conditions adversely impacted the sales of UGG boots. Rise in sheepskin prices and increased operating expenses also hurt the bottom line. Consequently, management lowered its fiscal 2012 outlook.
Management now projects earnings to decline between 9% and 10%. Earlier, the company had forecasted earnings to remain flat. Deckers now expects total revenue growth of 14%, down from 15% forecasted earlier. The company also forecasts a gross profit margin contraction of 250 basis points due to increase in costs of goods sold and higher closeout sales level.
For the second quarter of 2012, management now anticipates 8% growth in total revenue and a loss per share of $0.60. Further, over-reliance on the UGG brand, intense competition and sluggish economic recovery remain matters of concern. Consequently, we have downgraded our recommendation on Deckers to Underperform.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor's ( DECK ) first-quarter 2012 earnings of $0.20 per share missed the Zacks Consensus Estimate of $0.25, and fell over 50% from the prior-year quarter as the unfavorable weather conditions adversely impacted the sales of UGG boots. Deckers now expects total revenue growth of 14%, down from 15% forecasted earlier. Consequently, we have downgraded our recommendation on Deckers to Underperform.
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Deckers Outdoor's ( DECK ) first-quarter 2012 earnings of $0.20 per share missed the Zacks Consensus Estimate of $0.25, and fell over 50% from the prior-year quarter as the unfavorable weather conditions adversely impacted the sales of UGG boots. Deckers now expects total revenue growth of 14%, down from 15% forecasted earlier. Consequently, we have downgraded our recommendation on Deckers to Underperform.
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Deckers Outdoor's ( DECK ) first-quarter 2012 earnings of $0.20 per share missed the Zacks Consensus Estimate of $0.25, and fell over 50% from the prior-year quarter as the unfavorable weather conditions adversely impacted the sales of UGG boots. Deckers now expects total revenue growth of 14%, down from 15% forecasted earlier. Consequently, we have downgraded our recommendation on Deckers to Underperform.
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Deckers Outdoor's ( DECK ) first-quarter 2012 earnings of $0.20 per share missed the Zacks Consensus Estimate of $0.25, and fell over 50% from the prior-year quarter as the unfavorable weather conditions adversely impacted the sales of UGG boots. Deckers now expects total revenue growth of 14%, down from 15% forecasted earlier. Consequently, we have downgraded our recommendation on Deckers to Underperform.
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b3565246-eefd-4abd-bada-7e7a123f0a72
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724810.0
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2012-06-13 00:00:00 UTC
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Bearish MACD for Deckers Outdoor Corp. - Tale of the Tape
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DECK
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https://www.nasdaq.com/articles/bearish-macd-for-deckers-outdoor-corp.-tale-of-the-tape-2012-06-13
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nan
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nan
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.3606. The Zacks #5 Rank ("Strong Sell") stock decreased more than 1.31 % to $51.58 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.3606. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.3606. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.3606. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.3606. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks #5 Rank ("Strong Sell") stock decreased more than 1.31 % to $51.58 in morning trade.
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bf063d82-a435-4350-befa-e740a25bf412
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724811.0
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2012-06-04 00:00:00 UTC
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Bearish MACD for Deckers Outdoor Corp. - Tale of the Tape
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DECK
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https://www.nasdaq.com/articles/bearish-macd-for-deckers-outdoor-corp.-tale-of-the-tape-2012-06-04
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nan
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nan
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.1939. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.68 % to $52.67 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.1939. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past two months to $4.57 per share.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.1939. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.1939. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -1.1939. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks #5 Rank ("Strong Sell") stock decreased more than 0.68 % to $52.67 in morning trade.
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2d4b67ac-02a1-4a6f-b2d0-d7aa62acdebe
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724812.0
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2012-05-22 00:00:00 UTC
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Bearish MACD for Deckers Outdoor Corp - Tale of the Tape
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DECK
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https://www.nasdaq.com/articles/bearish-macd-for-deckers-outdoor-corp-tale-of-the-tape-2012-05-22
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nan
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nan
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Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.4929. The Zacks #4 Rank ("Sell") stock decreased more than 0.13% to $55.19 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past month to $4.57 per share.
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.4929. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 57 cents over the past month to $4.57 per share.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.4929. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.4929. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -2.4929. DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks #4 Rank ("Sell") stock decreased more than 0.13% to $55.19 in morning trade.
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54b3e622-cb74-431c-8d82-d8714913f92f
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724813.0
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2012-05-03 00:00:00 UTC
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Zacks Sell List Highlights: Coventry Health Care, Air Products & Chemicals, Deckers Outdoor and Iconix Brand Group - Press Releases
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DECK
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https://www.nasdaq.com/articles/zacks-sell-list-highlights%3A-coventry-health-care-air-products-chemicals-deckers-outdoor
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nan
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nan
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For Immediate Release
Chicago, IL - May 3, 2012 - Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List - Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 (Strong Sell): Coventry Health Care, Inc. ( CVH ) and Air Products & Chemicals, Inc. ( APD ). Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Deckers Outdoor Corp ( DECK ) and Iconix Brand Group, Inc. ( ICON ).
To see the full Zacks #5 Rank List - Stocks to Sell Now visit : http://at.zacks.com/?id=92
Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List of Stocks to Sell Now by 80% annually (+2% vs. +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.
Here is a synopsis of why CVH and APD have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:
Coventry Health Care, Inc. ( CVH ) announced first-quarter profit of 62 cents per share on April 27 that missed analysts' expectations by 1.59%. The Zacks Consensus Estimate for the current year slid to $2.72 per share from $3.25 per share in the last 30 days as next year's estimate dipped 23 cents per share to $3.27 per share in that time span.
Air Products & Chemicals, Inc. ( APD ) posted a second-quarter profit of $1.31 per share on April 24, which came in 2 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $5.56 per share from $5.93 per share over the past month. For 2013, analysts expect a profit of $6.36 per share, compared to last month's projection for a profit of $6.66 per share.
Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;
Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts' projections by 20%. Estimate for current year slid 53 cents per share to $4.61 per share over a month as next year's estimate dipped 54 cents per share to $5.60 per share in that time span.
Iconix Brand Group, Inc. ( ICON ) reported a first-quarter profit of 43 cents per share on April 25 that fell 6.52% short of the Zacks Consensus Estimate. The full-year average forecast is currently $1.68 per share, compared with last month's projection of $1.80 per share. Next year's forecast dropped to $1.88 per share from $1.95 per share in the same period.
Truly taking advantage of the Zacks Rank requires the understanding of how it works. The free special report; "Zacks Rank Guide: Harnessing the Power of Earnings Estimate Revisions" is available to provide this insightful background. Download a free copy now to prosper in the years to come at http://at.zacks.com/?id=93
About the Zacks Rank
Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (2.8% versus +9.7%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of Zacks Rank Buy stocks and highlights those stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=94
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=95
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
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AIR PRODS & CHE (APD): Free Stock Analysis Report
COVENTRY HLTHCR (CVH): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
ICONIX BRAND GP (ICON): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Deckers Outdoor Corp ( DECK ) and Iconix Brand Group, Inc. ( ICON ). Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks; Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts' projections by 20%. Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months.
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Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks; Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts' projections by 20%. 9339 support@zacks.com http://www.zacks.com AIR PRODS & CHE (APD): Free Stock Analysis Report COVENTRY HLTHCR (CVH): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Deckers Outdoor Corp ( DECK ) and Iconix Brand Group, Inc. ( ICON ).
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9339 support@zacks.com http://www.zacks.com AIR PRODS & CHE (APD): Free Stock Analysis Report COVENTRY HLTHCR (CVH): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Deckers Outdoor Corp ( DECK ) and Iconix Brand Group, Inc. ( ICON ). Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months.
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Further, Zacks announced #4 Rankings (Sell) on two other widely held stocks: Deckers Outdoor Corp ( DECK ) and Iconix Brand Group, Inc. ( ICON ). Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks; Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts' projections by 20%.
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1b808849-4c8c-44ad-8765-5884340924dc
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724814.0
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2012-05-03 00:00:00 UTC
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AIR PRODS & CHE (APD) - Profit Tracks
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DECK
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https://www.nasdaq.com/articles/air-prods-che-apd-profit-tracks-2012-05-03
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nan
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nan
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Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid.
Here is a synopsis of why CVH and APD have a Zacks Rank of #5 (Strong Sell) and should most likely be sold or avoided for the next one to three months. Note that a #5 Strong Sell rating is applied to 5% of all the stocks in the Zacks Rank universe:
Coventry Health Care, Inc. ( CVH ) announced first-quarter profit of 62 cents per share on April 27 that missed analysts? expectations by 1.59%. The Zacks Consensus Estimate for the current year slid to $2.72 per share from $3.25 per share in the last 30 days as next year?s estimate dipped 23 cents per share to $3.27 per share in that time span.
Air Products & Chemicals, Inc. ( APD ) posted a second-quarter profit of $1.31 per share on April 24, which came in 2 cents wider than the average forecast. The Zacks Consensus Estimate for the full year fell to $5.56 per share from $5.93 per share over the past month. For 2013, analysts expect a profit of $6.36 per share, compared to last month?s projection for a profit of $6.66 per share.
Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks;
Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts? projections by 20%. Estimate for current year slid 53 cents per share to $4.61 per share over a month as next year?s estimate dipped 54 cents per share to $5.60 per share in that time span.
Iconix Brand Group, Inc. ( ICON ) reported a first-quarter profit of 43 cents per share on April 25 that fell 6.52% short of the Zacks Consensus Estimate. The full-year average forecast is currently $1.68 per share, compared with last month?s projection of $1.80 per share. Next year?s forecast dropped to $1.88 per share from $1.95 per share in the same period.
AIR PRODS & CHE (APD): Free Stock Analysis Report
COVENTRY HLTHCR (CVH): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
ICONIX BRAND GP (ICON): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks; Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts? Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. AIR PRODS & CHE (APD): Free Stock Analysis Report COVENTRY HLTHCR (CVH): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here.
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Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks; Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts? AIR PRODS & CHE (APD): Free Stock Analysis Report COVENTRY HLTHCR (CVH): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months.
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AIR PRODS & CHE (APD): Free Stock Analysis Report COVENTRY HLTHCR (CVH): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks; Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts?
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Note that a #4 Sell rating is applied to 15% of all the stocks ranked by Zacks; Deckers Outdoor Corp ( DECK ) first-quarter profit of 20 cents per share, posted on April 26, lagged analysts? Here is a synopsis of why DECK and ICON have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months. AIR PRODS & CHE (APD): Free Stock Analysis Report COVENTRY HLTHCR (CVH): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here.
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740673c0-05ea-4cd2-978c-c1196372fbd1
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724815.0
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2012-04-27 00:00:00 UTC
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Deckers Misses, Lowers Forecast - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/deckers-misses-lowers-forecast-analyst-blog-2012-04-27
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nan
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nan
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The shares of Deckers Outdoor Corporation ( DECK ) plunged approximately 18.7% or $12.96 to $56.50 during after-market hours trading on Thursday, when the news of its dismal first-quarter 2012 results hit the market.
The company posted lower-than-expected first-quarter results as the unfavorable weather conditions adversely impacted the sales of UGG boots. Rise in sheepskin prices, which were up 40% from the 2011 level, and increased operating expenses also hurt the bottom line. Consequently, management lowered its fiscal 2012 outlook.
The first quarter earnings of 20 cents a share missed the Zacks Consensus Estimate of 25 cents, and dropped more than 50% from 49 cents earned in the prior-year quarter.
However, Deckers' total net sales of $246.3 million came almost in line with the Zacks Consensus Estimate, and jumped 20.2% from the prior-year quarter, reflecting strength across the Sanuk brand coupled with healthy demand for the UGG brand's spring collection. However, these were partially offset by sluggishness experienced in UGG boots sales due to unusually warm weather conditions.
Segment Discussion
Domestic sales for the quarter grew 15.1% to $170.6 million, whereas international sales soared 33.5% to $75.7 million. Management remained focused on product introductions, store augmentation, along with geographic expansion.
UGG brand net sales rose 6.5% to $158.1 million, reflecting sales growth across company-operated retail outlets. In Europe, sales were below expectations, as the economic climate was not conducive.
Teva brand net sales slid 1.1% to $49.8 million due to a fall witnessed in international wholesale sales, offset by growth in domestic wholesale and eCommerce sales.
On July 1, 2011, Deckers completed the buyout of the Sanuk brand with an initial payment of $120 million in cash. The sales for the Sanuk brand, known for exclusive sandals and shoes, were $32.4 million.
Combined net sales of Deckers' other brands for the quarter were $6 million.
Sales for the retail store business surged 30.6% to $46.2 million, propelled by the opening of 19 new stores. The company plans to have a store base of approximately 200 by the end of fiscal 2015.
Company-wide comparable-store sales remained flat with the prior-year quarter. Domestic comparable-store sales jumped in the high single digits, whereas comparable sales declined in Asia and U.K., on account of unusual weather conditions and an unfavorable macroeconomic environment in the U.K.
Sales for the company's eCommerce business dipped 7.5% to $21.7 million, attributable to lower sales of the UGG brand boot, partly offset by increased sales registered across the UGG brand spring line and Teva brand.
Margin Discussion
Despite a 29.9% increase in cost of goods sold, gross profit rose 10.5% to $113.3 million from the prior-year quarter. However, gross profit margin contracted 400 basis points to 46% in the quarter due to higher product costs and rise in closeout sales.
Operating income during the quarter fell more than 50% to $11.9 million, whereas operating margin shriveled 900 basis points to 4.8% on account of lower gross margin and higher SG&A expenses.
Other Financial Aspects
Deckers portrayed a debt-free balance sheet with cash and cash equivalents of $228.6 million and shareholders' equity of $827.5 million, excluding a non-controlling interest of $5.6 million at the end of the first quarter.
Cash and cash equivalents fell significantly from a balance of $437.9 million as of March 31, 2011, on account of cash payment of $153.5 million related to the acquisition of Sanuk brand, $39.9 million related to share buyback and $21.6 million related to the new headquarters facility. Inventories surged 94.6% to $208.5 million.
Management now expects fiscal 2012 capital expenditures to be approximately $80 million, down from $90 million forecast earlier.
During the quarter, the company bought back approximately 274,000 shares, aggregating $20 million. As of March 31, 2012, the company still had $80 million at its disposal under its $100 million share repurchase authorization announced in February 2012.
Strolling Through Guidance
Management lowered the fiscal 2012 guidance following the company's disappointed first quarter results with dismal international wholesale forecast.
Management now projects total revenue growth of 14% for fiscal 2012. Deckers anticipates its UGG brand sales to rise approximately 10% and Teva brand sales to increase in the low to mid single-digit range, whereas other brand sales are expected to decline by approximately 15%. The company continues to anticipate sales to be approximately $90 million from the Sanuk brand.
Earlier, the company had forecast a total revenue growth of 15% for fiscal 2012 on the back of 11% growth in UGG brand and 10% increase in Teva brand sales. Management had predicted sales to remain flat at other brand.
Management now projects fiscal 2012 earnings to decline between 9% and 10%. Deckers also forecasts a gross profit margin contraction of 250 basis points due to increases in costs of goods sold and closeout sales levels, partly offset by calculative price rises and higher contribution from retail sales and the Sanuk brand. SG&A expense as a percentage of sales is expected to be roughly 30%.
Earlier, the company had projected fiscal 2012 earnings to remain flat with the prior year. Management also predicted a gross profit margin contraction of 200 basis points, and SG&A expense as a percentage of sales of about 29%.
Management forecast an 8% growth in total revenue for the second quarter of 2012 but anticipates a loss per share of 60 cents. Gross margin is expected to be about 43%, whereas SG&A expense as a percentage of sales is anticipated to be around 63% due to increased fixed overhead for new retail outlets.
Currently, we have a long-term Neutral recommendation on the stock. However, Deckers, which competes with Nike Inc. ( NKE ), Wolverine World Wide Inc. ( WWW ) and Timberland Co. ( TBL ), holds a Zacks #3 Rank that translates into a short-term Hold rating.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
WOLVERINE WORLD ( WWW ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The shares of Deckers Outdoor Corporation ( DECK ) plunged approximately 18.7% or $12.96 to $56.50 during after-market hours trading on Thursday, when the news of its dismal first-quarter 2012 results hit the market. However, Deckers' total net sales of $246.3 million came almost in line with the Zacks Consensus Estimate, and jumped 20.2% from the prior-year quarter, reflecting strength across the Sanuk brand coupled with healthy demand for the UGG brand's spring collection. On July 1, 2011, Deckers completed the buyout of the Sanuk brand with an initial payment of $120 million in cash.
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Deckers also forecasts a gross profit margin contraction of 250 basis points due to increases in costs of goods sold and closeout sales levels, partly offset by calculative price rises and higher contribution from retail sales and the Sanuk brand. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. The shares of Deckers Outdoor Corporation ( DECK ) plunged approximately 18.7% or $12.96 to $56.50 during after-market hours trading on Thursday, when the news of its dismal first-quarter 2012 results hit the market.
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Deckers anticipates its UGG brand sales to rise approximately 10% and Teva brand sales to increase in the low to mid single-digit range, whereas other brand sales are expected to decline by approximately 15%. The shares of Deckers Outdoor Corporation ( DECK ) plunged approximately 18.7% or $12.96 to $56.50 during after-market hours trading on Thursday, when the news of its dismal first-quarter 2012 results hit the market. However, Deckers' total net sales of $246.3 million came almost in line with the Zacks Consensus Estimate, and jumped 20.2% from the prior-year quarter, reflecting strength across the Sanuk brand coupled with healthy demand for the UGG brand's spring collection.
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Deckers anticipates its UGG brand sales to rise approximately 10% and Teva brand sales to increase in the low to mid single-digit range, whereas other brand sales are expected to decline by approximately 15%. The shares of Deckers Outdoor Corporation ( DECK ) plunged approximately 18.7% or $12.96 to $56.50 during after-market hours trading on Thursday, when the news of its dismal first-quarter 2012 results hit the market. However, Deckers' total net sales of $246.3 million came almost in line with the Zacks Consensus Estimate, and jumped 20.2% from the prior-year quarter, reflecting strength across the Sanuk brand coupled with healthy demand for the UGG brand's spring collection.
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5327dc86-d07a-45dc-871e-d025b19111d8
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724816.0
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2012-04-26 00:00:00 UTC
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Skechers Tops Expectations - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/skechers-tops-expectations-analyst-blog-2012-04-26
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nan
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nan
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Skechers USA Inc. ( SKX ), which has lately been grappling with the clearance of its excess toning inventory, is now showing some signs of stability as evident by its better-than-expected first-quarter 2012 results.
The company delivered a quarterly loss of 7 cents a share that fared far better than the Zacks Consensus Estimate of loss of 27 cents, and showed a substantial improvement from a loss of 54 cents incurred in the fourth quarter of 2011. The company had earned 24 cents in the first quarter of 2011.
With more emphasis now on a new line of products, cost containment efforts, inventory management and margin improvement, the company anticipates returning to profitability in the second half of fiscal 2012, and sustaining the momentum in 2013 and thereafter.
Let's Dig Deep
Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 26.2% to $351.3 million from the prior-year quarter, reflecting lower sales across all divisions, except domestic retail. However, total revenue came in ahead of the Zacks Consensus Estimate of $336 million.
The domestic wholesale business tumbled 36.8%, reflecting a difficult comparison due to robust sales witnessed in the last year quarter on account of offloading toning inventory.
International wholesale business experienced a decline of 30% on account of transition to lower-priced products from the toning category. A challenging economic climate in Europe, the transition of business in Japan from distributor-operated business to a company-owned subsidiary, and restructuring of Brazilian business also adversely impacted the business. However, management hinted that both Japan and Brazil will be accretive to the company's growth over the next year.
On a combined basis, retail business sales grew 6%. Domestic retail sales increased approximately 7% due to the addition of 43 new stores, however, comparable-store sales fell 3.7%. International retail sales fell marginally by 1%, whereas comparable-store sales dropped 10.4%.
The company's licensing division has been another source of revenue, whereby the company licenses its name and images. The company generated $1.1 million in revenue during the quarter from its licensing affiliates, which include eyewear, kids apparel, backpacks, watches, luggage, and socks.
Management hinted that Li & Fung, one of the leading attire and accessories manufacturers, will launch fitness apparel for both men and women under the Skechers' brand in 2012. This will open up another important source for revenue.
Gross profit plunged 19.2% to $155.7 million, however, gross profit margin expanded 390 basis points to 44.3% attributable to an increase in full-price products in the market. The company said that average price per pair increased 5.8% during the quarter. Skechers also hinted that the number of pairs sold during the quarter fell 40% compared with the prior-year quarter, when the company had resorted to sell the products at heavy discounts to clean its inventory.
Stores Update
During the quarter, Skechers opened 11 domestic stores and closed 1 location bringing the total store count to 339. So far in the second quarter, the company has opened 3 concept stores and closed 1 outlet, and plans to open 10 to 15 additional locations over the remaining year.
Skechers concept stores registered favorable comparable-store sales and witnessed a double-digit growth in pairs sold.
The company's international distribution affiliates opened 11 stores during the quarter in Saudi Arabia, Mauritius, Mexico, Columbia, Taiwan, Hong Kong, Malaysia and South Korea. The company at the end of the quarter operated 78 outlets under joint venture countries in Asia, including stores operated by licensees, and 214 additional distributor-owned or licensed Skechers retail stores worldwide. During the quarter, one store in South Korea and two locations in Russia were closed.
Strategic Initiatives
Management remains committed to focus on new lines of products such as 'Skechers GOrun' and 'Skechers GOwalk,' opening of additional Skechers stores and increasing distribution channels with the development of international distribution agreements to improve its sales and profitability.
Moreover, international business remains a significant growth driver for the company's sales. Management projects international sales to pick up in the back half of the year.
Skechers, through its distribution networks, subsidiaries and joint ventures, is poised to enhance its global reach in the footwear market. Skechers' joint ventures in Asia are portraying improvement with growing operations in China, Taiwan, Hong Kong, Singapore and Malaysia.
The company is trying every means to reposition itself for 2012 and beyond. These include lowering of selling and marketing expenses, consolidating North American distribution facilities under one roof, streamlining inventory, and new product offerings.
The company also intends to lower its operating expenses relative to total revenue in the back half of 2012. During the quarter, total operating expenses dropped 9.9% to $161.2 million.
Further, Skechers expects to double its company-owned subsidiary business in Japan over the next 3 to 5 years.
Other Financial Aspects
Skechers has been right-sizing its inventory. Consequently, total inventories at the end of the quarter were $214.6 million, reflecting a decrease of 43% from the year-ago quarter.
Skechers portrays a healthy balance sheet with cash and cash equivalents of $391.6 million, total long-term debt of $84.1 million and shareholders' equity of $856.7 million, excluding non-controlling interest of $40.4 million at the end of the quarter. Capital expenditures for the quarter were approximately $11.6 million.
Currently, we maintain a long-term Underperform recommendation on the stock. However, Skechers holds a Zacks #3 Rank that translates into a short-term Hold rating.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 26.2% to $351.3 million from the prior-year quarter, reflecting lower sales across all divisions, except domestic retail. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. With more emphasis now on a new line of products, cost containment efforts, inventory management and margin improvement, the company anticipates returning to profitability in the second half of fiscal 2012, and sustaining the momentum in 2013 and thereafter.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 26.2% to $351.3 million from the prior-year quarter, reflecting lower sales across all divisions, except domestic retail. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. The company at the end of the quarter operated 78 outlets under joint venture countries in Asia, including stores operated by licensees, and 214 additional distributor-owned or licensed Skechers retail stores worldwide.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 26.2% to $351.3 million from the prior-year quarter, reflecting lower sales across all divisions, except domestic retail. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Skechers also hinted that the number of pairs sold during the quarter fell 40% compared with the prior-year quarter, when the company had resorted to sell the products at heavy discounts to clean its inventory.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 26.2% to $351.3 million from the prior-year quarter, reflecting lower sales across all divisions, except domestic retail. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. However, total revenue came in ahead of the Zacks Consensus Estimate of $336 million.
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2012-04-24 00:00:00 UTC
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Soft 1Q for Wolverine - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/soft-1q-for-wolverine-analyst-blog-2012-04-24
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nan
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nan
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Wolverine World Wide Inc . ( WWW ), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted soft first-quarter 2012 results.
Lower sales and decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 64 cents a share, down 11.1% from the prior-year quarters' earnings of 72 cents. However, the earnings exceeded the Zacks Consensus Estimate of 54 cents.
Wolverine, the seller of products under Harley-Davidson Footwear, Hush Puppies, Merrell and other brands, marked a 2.4% decrease in its top line to $322.8 million. However, the reported revenue was below the Zacks Consensus Estimate of $334 million.
As per the company, macro headwinds and lingering concerns over the European market dragged down sales for the quarter. Further, foreign exchange added fuel to the fire by negatively impacting revenue.
Coming to the operating groups, revenues decreased 0.7% year over year to $137.1 million for Outdoor, 7.3% to $103 million for Heritage, and 2.7% to $50.6 million for Lifestyle. Other business units, comprising Wolverine retail and leathers, posted a revenue growth of 4.8% to reach $27.8 million.
Gross profit decreased 4.1% year over year to $132.2 million during the quarter, whereas gross margin contracted 60 basis points to 41%. Management stated that increased input costs and unfavorable sales mix shift pulled down gross margins.
Operating profit plunged 25.3% to $37 million in the quarter, while operating margin shrinked 350 basis points to 11.4%, reflecting an increase of 280 basis points in operating expenses as a percentage of sales.
Joint Venture inIndia
In a separate story, Wolverine announced a joint venture in India with Tata International, a unit of the Tata Group, to promote its footwear and apparel. Further, the company planned to initially start the wholesale distribution of Merrell and Caterpillar Footwear brands with the joint venture.
The deal is expected to provide ample opportunities to Wolverine for boosting its growth prospects while facilitating the company to hedge against economic cycles. Indiais one of the fastest growing markets in the world and owing to its huge population it offers huge scope for growth.
Other Financial Aspects
Getting back to the numbers, Wolverine ended first-quarter 2012 with cash and cash equivalents of $123.3 million and shareholders' equity of $607.1 million with no long-term debt. The company repurchased $2.4 million shares in the quarter at an average price of $37.09 per share.
Management Guided
Despite soft results, management remains optimistic for coming quarters and raised its earnings guidance for the current fiscal. Wolverine now expects fiscal 2012 earnings between $2.70 and $2.80 a share, representing a growth of 8.9% to 12.9% from the prior year.
Earlier, the company forecasted earnings between $2.60 and $2.70 per share, representing a growth of 4.8% to 8.9% from the prior year.
Moreover, Wolverine revised its sales guidance and expects total revenue in the range of $1.46 billion to $1.50 billion for fiscal 2012, reflecting a year-over-year growth of 3.6% to 6.5%.
For the second quarter of 2012, the company expects revenues to remain flat or increase in low single digits, while gross margin is forecasted to be slightly down or remain flat. Earnings are expected to be in the range of 40 cents to 45 cents per share.
Rockford, Michigan-based Wolverine enjoyed increased momentum in fiscal 2011, which we expect to continue into fiscal 2012. Moreover, we believe that the company remains well positioned to increase its market share on the strength of its brand portfolio. The Merrell brand has been the key growth driver in the past decade, and we expect it to catalyze future growth.
Currently, we are maintaining a long-term 'Neutral' rating on the stock. Moreover, Wolverine, which competes with Timberland Co . ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . ( SKX ), has a Zacks #2 Rank that translates into a short-term 'Buy' recommendation.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
WOLVERINE WORLD ( WWW ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. ( WWW ), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted soft first-quarter 2012 results.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . Gross profit decreased 4.1% year over year to $132.2 million during the quarter, whereas gross margin contracted 60 basis points to 41%.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . Lower sales and decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 64 cents a share, down 11.1% from the prior-year quarters' earnings of 72 cents.
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( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. However, the reported revenue was below the Zacks Consensus Estimate of $334 million.
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2012-04-20 00:00:00 UTC
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Earnings Preview: Wolverine - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/earnings-preview%3A-wolverine-analyst-blog-2012-04-20
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nan
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nan
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Wolverine World Wide, Inc. ( WWW ), one of the leading designers, manufacturers and marketers of branded footwear and apparel, is scheduled to report its first-quarter 2012 financial results before the opening bell on Monday, April 23, 2012.
The current Zacks Consensus Estimate for the quarter is 54 cents a share, which reflects a decline of 25% from the prior-year quarter's earnings. The estimates in the current Zacks Consensus range between a low of 52 cent and a high of 56 cents a share. The Zacks Consensus estimates revenue at $334 million for the first quarter.
Recap of Fourth-Quarter 2011
On January 30, 2012, Wolverine posted soft fourth-quarter 2011 results. Decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 47 cents a share, down 9.6% from the prior-year quarters' earnings of 52 cents a share. However, the earnings exceeded the Zacks Consensus Estimate by a couple of cents.
Wolverine, the seller of products under Harley-Davidson Footwear, Hush Puppies, Merrell and other brands, marked an increase of 5.6% year over year in its top line to $406.5 million. However, the reported revenue lagged behind the Zacks Consensus Estimate of $412 million.
(Refer the article: Wolverine Beats, Profit Dips )
Guidance
Wolverine at its lastearnings callguided fiscal 2012 total revenue in the range of $1,485 million to $1,525 million, reflecting a year-over-year growth of 5.4% to 8.2%, and projected earnings between $2.60 and $2.70 per share, representing a growth of 4.8% to 8.9% from the prior year.
Zacks Agreement & Magnitude
No movement was noticed in the Zacks Consensus Estimate for the first quarter of 2012, either in the last 7 or 30 days, since 10 analysts covering the stock kept their estimates intact, in the absence of any major news having a direct or an indirect impact on the estimates.
Positive Earnings Surprise History
With respect to earnings surprises, Wolverine has topped the Zacks Consensus Estimate over the last four quarters by an average of 6%. Given the past performance we expect the company to outperform the Zacks Consensus Estimate this time too.
Wolverine Holds Zacks #3 Rank
Rockford, Michigan-based Wolverine enjoyed increased momentum in fiscal 2011, which we expect to continue into fiscal 2012. Moreover, we believe that the company remains well positioned to increase its market share on the strength of its brand portfolio. The Merrell brand has been the key growth driver in the past decade, and we expect it to catalyze future growth. The company's multi-brand portfolio, geographical diversification, and multi-distribution channel strategy remain its key growth drivers.
However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term "Neutral" recommendation on the stock. Moreover, Wolverineholds Zacks #3 Rank that translates into short-term "Hold" rating.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
WOLVERINE WORLD ( WWW ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term "Neutral" recommendation on the stock. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. Wolverine World Wide, Inc. ( WWW ), one of the leading designers, manufacturers and marketers of branded footwear and apparel, is scheduled to report its first-quarter 2012 financial results before the opening bell on Monday, April 23, 2012.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term "Neutral" recommendation on the stock. The current Zacks Consensus Estimate for the quarter is 54 cents a share, which reflects a decline of 25% from the prior-year quarter's earnings.
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However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term "Neutral" recommendation on the stock. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. The current Zacks Consensus Estimate for the quarter is 54 cents a share, which reflects a decline of 25% from the prior-year quarter's earnings.
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However, given the current global macroeconomic environment and intense competition from Timberland Co. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc. ( SKX ), we prefer to have a long-term "Neutral" recommendation on the stock. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus estimates revenue at $334 million for the first quarter.
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2012-03-29 00:00:00 UTC
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Bearish MACD for Deckers Outdoor Corp - Tale of the Tape
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DECK
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https://www.nasdaq.com/articles/bearish-macd-for-deckers-outdoor-corp-tale-of-the-tape-2012-03-29
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nan
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nan
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Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -3.8600. The Zacks #4 Rank ("Sell") stock decreased more than 1.02% to $63.38 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 3 cents over the past month to $5.14 per share.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -3.8600. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate on the company's earnings for the year ending December 2012 has decreased by 3 cents over the past month to $5.14 per share.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -3.8600. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -3.8600. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp 's ( DECK ) MACD indicator has moved into bearish territory with a reading of -3.8600. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks #4 Rank ("Sell") stock decreased more than 1.02% to $63.38 in morning trade.
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2012-03-07 00:00:00 UTC
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Zacks Bull and Bear of the Day Highlights: Apple, AGL Resources, Skechers USA, Deckers Outdoor and Nike - Press Releases
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DECK
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https://www.nasdaq.com/articles/zacks-bull-and-bear-of-the-day-highlights%3A-apple-agl-resources-skechers-usa-deckers
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nan
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nan
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For Immediate Release
Chicago, IL - March 7, 2012 - Zacks Equity Research highlights: Apple, Inc. ( AAPL ) as the Bull of the Day and AGL Resources, Inc. ( GAS ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Skechers USA Inc ( SKX ), Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ).
Full analysis of all these stocks is available at http://at.zacks.com/?id=2678 .
Here is a synopsis of all five stocks:
Bull of the Day :
Apple, Inc. ( AAPL ) reported a stellar first quarter that was primarily driven by strong holiday season sales based on the ramp in demand for the new iPhone 4S. Robust sales in the iPad and Mac series also chipped in, registering a strong quarter for the company.
We believe Apple remains the biggest growth story in the technology sector primarily on account of its superior product pipeline, Apps, strong iCloud revenues, the upcoming iPad 3 update, loyal customer base and international expansion going forward. Despite the legal complexities and increasing competition in iPad and iPhone segments, we are optimistic about the company's growth prospects in the long term.
Moreover, we also expect Apple to succeed in developing markets due to the growing affluence of the middle class in key markets. Thus, we upgrade our rating from Neutral to Outperform with a target price of $654.00.
Bear of the Day :
We are maintaining our Underperform recommendation on AGL Resources, Inc. ( GAS ) with a target price of $36. We expect shareholder sentiment towards the company to remain lukewarm, considering its investment in higher-risk unregulated operations, ongoing regulatory uncertainties and the challenging economic environment.
AGL's earnings are likely to suffer in 2012 due to a less-than-favorable outlook at its wholesale segment. Additionally, the inclusion of the shipping operations (post-Nicor acquisition) has left AGL with a weak business, thereby heightening its risk profile.
Considering these factors, we see little reason for investors to own the stock and therefore maintain our Underperform recommendation. Our $36 price objective reflects a 2012 P/E multiple of 12.5x.
Latest Posts on the Zacks Analyst Blog :
Skechers Transforms in Japan
Following its sluggish fourth-quarter 2011 results, Skechers USA Inc ( SKX ) is trying hard to reposition itself for 2012. Yesterday, the company announced its intention to double its business in Japan over the next three to five years by transitioning its business model from a third-party distributor to a wholly owned subsidiary.
Japan has been one of the company's biggest distribution markets. Thus, the company plans to roll-out new Skechers retail stores across the country, including its collection of performance and lifestyle footwear for men, women and children for boosting revenues.
International business remains a significant growth driver for the company's sales. International wholesale business' revenue jumped 12% to $487.3 million during fiscal 2011 and International retail sales surged 22% during fiscal 2011.
Further, management remains committed to focus on new lines of products, including 'Skechers GOrun,' opening of additional Skechers stores and increasing distribution channels with the development of international distribution agreements to improve its sales and profitability.
Skechers reported a loss of 54 cents per share in the fourth quarter of 2011 compared with earnings of 7 cents in the prior-year period. On a reported basis, including one-time items, Skechers delivered a loss of $1.18. The Zacks Consensus Estimate stood at a loss of 23 cents for the quarter.
Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business. The reported revenue was well short of the Zacks Consensus Estimate of $322 million.
The company appointed Hirokazu Iwasaki as the new representative director and country manager of Skechers Japan.
Currently, we maintain a long-term Neutral recommendation on the stock. However, Skechers retains a Zacks #5 Rank that translates into a short-term Strong Sell rating.
Get the full analysis of all these stocks by going to http://at.zacks.com/?id=2649 .
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About the Analyst Blog
Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=7158 .
About Zacks
Zacks.com is a property of Zacks Investment Research , Inc., which was formed in 1978 by Leonard Zacks. As a PhD from MIT Len knew he could find patterns instock market datathat would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank , which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment
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APPLE INC ( AAPL ): Free Stock Analysis Report
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
AGL RESOURCES ( GAS ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In addition, Zacks Equity Research provides analysis on Skechers USA Inc ( SKX ), Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ). Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business. 9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report AGL RESOURCES ( GAS ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here.
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In addition, Zacks Equity Research provides analysis on Skechers USA Inc ( SKX ), Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ). 9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report AGL RESOURCES ( GAS ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business.
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9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report AGL RESOURCES ( GAS ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. In addition, Zacks Equity Research provides analysis on Skechers USA Inc ( SKX ), Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ). Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business.
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9339 support@zacks.com http://www.zacks.com APPLE INC ( AAPL ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report AGL RESOURCES ( GAS ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. In addition, Zacks Equity Research provides analysis on Skechers USA Inc ( SKX ), Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ). Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business.
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a7830204-b511-4ec7-84f9-8b530b6b7d99
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724821.0
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2012-03-06 00:00:00 UTC
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Skechers Transforms in Japan - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/skechers-transforms-in-japan-analyst-blog-2012-03-06
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nan
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nan
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Following its sluggish fourth-quarter 2011 results, Skechers USA Inc ( SKX ) is trying hard to reposition itself for 2012. Yesterday, the company announced its intention to double its business in Japan over the next three to five years by transitioning its business model from a third-party distributor to a wholly owned subsidiary.
Japan has been one of the company's biggest distribution markets. Thus, the company plans to roll-out new Skechers retail stores across the country, including its collection of performance and lifestyle footwear for men, women and children for boosting revenues.
International business remains a significant growth driver for the company's sales. International wholesale business' revenue jumped 12% to $487.3 million during fiscal 2011 and International retail sales surged 22% during fiscal 2011.
Further, management remains committed to focus on new lines of products, including 'Skechers GOrun,' opening of additional Skechers stores and increasing distribution channels with the development of international distribution agreements to improve its sales and profitability.
Skechers reported a loss of 54 cents per share in the fourth quarter of 2011 compared with earnings of 7 cents in the prior-year period. On a reported basis, including one time items, Skechers delivered a loss of $1.18. The Zacks Consensus Estimate stood at a loss of 23 cents for the quarter.
Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business. The reported revenue was well short of the Zacks Consensus Estimate of $322 million.
The company appointed Hirokazu Iwasaki as the new representative director and country manager of Skechers Japan.
Currently, we maintain a long-term Neutral recommendation on the stock. However, Skechers retains a Zacks #5 Rank that translates into a short-term Strong Sell rating
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business. However, Skechers retains a Zacks #5 Rank that translates into a short-term Strong Sell rating DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Thus, the company plans to roll-out new Skechers retail stores across the country, including its collection of performance and lifestyle footwear for men, women and children for boosting revenues.
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However, Skechers retains a Zacks #5 Rank that translates into a short-term Strong Sell rating DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business. International wholesale business' revenue jumped 12% to $487.3 million during fiscal 2011 and International retail sales surged 22% during fiscal 2011.
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Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business. However, Skechers retains a Zacks #5 Rank that translates into a short-term Strong Sell rating DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Further, management remains committed to focus on new lines of products, including 'Skechers GOrun,' opening of additional Skechers stores and increasing distribution channels with the development of international distribution agreements to improve its sales and profitability.
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However, Skechers retains a Zacks #5 Rank that translates into a short-term Strong Sell rating DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines, principally in domestic wholesale business. Japan has been one of the company's biggest distribution markets.
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3155e9c3-0d93-4a53-a5b1-19881075fc55
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724822.0
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2012-02-24 00:00:00 UTC
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Deckers Beats, Warns of High Cost - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/deckers-beats-warns-of-high-cost-analyst-blog-2012-02-24
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nan
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nan
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Deckers Outdoor Corporation ( DECK ) recently delivered a record fourth-quarter 2011 results on the back of strong demand for the product lines under the UGG brand during holiday season. The Teva brand and the recent acquisition of the Sanuk also were significant contributors. However, Deckers' warned that rise in sheepskin prices and other costs would hurt the bottom lines of the first quarter and full year 2012.
The fourth quarter earnings of $3.18 per share beat the Zacks Consensus Estimate of $3.13, and surged 40.1% from $2.27 earned in the prior-year quarter.
Deckers said that total net sales jumped 40.4% to $603.9 million from the prior-year quarter, and came ahead of the Zacks Consensus Estimate of $563 million, reflecting sustained focus on new product introductions, store augmentation, along with geographic expansion.
Deckers witnessed increased demand for the UGG brand principally in the domestic wholesale market buoyed by new assortments and styles as well large collections of men's and women's products. The company also has a presence in Asia, with Japan and China leading the way and providing avenues for UGG brand.
Segment Discussion
Domestic sales for the quarter surged 21% to $456.3 million, whereas international sales more than doubled to $147.6 million.
With the switch over to a wholesale model, Deckers now manages the distribution of UGG brand in the United Kingdom and Benelux, and Teva brand in the United Kingdom. This will help drive incremental sales by selling directly to wholesale customers.
UGG brand net sales soared 37.7% to $568.5 million and Teva brand net sales grew 45.9% to $19.4 million.
Recently on July 1, 2011, Deckers completed the buyout of the Sanuk brand with an initial payment of $120 million in cash. The sales for Sanuk, which is known for its exclusive sandals and shoes, were $11 million.
Combined net sales of Deckers' other brands for the quarter jumped 23.1% to $5 million during the quarter under review.
Sales for the retail store business increased 36.5% to $98.8 million, propelled by the opening of 18 new stores, primarily in Japan and China. Sales for the company's eCommerce business climbed 12.6% to $67.1 million, reflecting higher demand for the UGG brand.
Margin Discussion
Despite a 50.5% increase in cost of goods sold, gross profit rose 31.9% to $307.8 million from the prior-year quarter. However, gross profit margin contracted 320 basis points to 51% in the quarter due to higher product costs and rise in closeout sales. These were partly offset by increased margins at the international business. Operating income during the quarter rose 25.6% to $176.8 million, whereas operating margin shriveled 340 basis points to 29.3% on account lower gross margin.
Other Financial Aspects
Deckers portrays a debt-free balance sheet with a cash and cash equivalents of $263.6 million and shareholders' equity of $835.9 million, excluding a non-controlling interest of $5.5 million at the end of fiscal 2011. Cash and cash equivalents fell significantly from a balance of $445.2 million as on December 31, 2010, on account of cash payment of $125.2 million related to the acquisition of Sanuk and $20 million related to land for new headquarters facility. Inventories surged 102.6% to $253.3 million.
Capital expenditures incurred during fiscal 2011 were $55.8 million. Management now expects fiscal 2012 capital expenditures to be approximately $90 million.
The company's board of directors also announced a $100 million share repurchase program.
Strolling through Guidance
Deckers now forecasts a total revenue growth of 15% for fiscal 2012. We believe that growth of UGG and Teva brands will lead to the increase in sales. Deckers anticipate its UGG brand sales to rise approximately 11% and Teva brand sales to increase by about 10%, whereas other brand sales are expected to remain flat in 2012. The company anticipates sales to be approximately $90 million from the Sanuk brand.
Despite an expected mid-teens growth in the top line, management projects fiscal 2012 earnings to remain flat compared with the prior year due to rise in sheepskin costs (up 40% from 2011 level), which could hurt the bottom line by $1.40 per share.
Management also forecasts a gross profit margin contraction of 200 basis points due to increase in costs of goods sold, partly offset by calculative price rise, and higher contribution from retail sales and the Sanuk brand. SG&A expense as a percentage of sales is expected to be roughly 29%.
However, in order to mitigate rising sheepskin costs and other raw materials, Deckers has undertaken certain long-term programs, which includes increasing the mix of non sheepskin merchandises, new footwear materials and innovative production technologies.
Backlog is up 15.1% for fiscal 2012. Deckers now expects domestic and international businesses to grow approximately 12% and 20%, respectively for the year. International sales are now projected to represent 33% of total sales in 2012, up from 31% in 2011.
Retail sales are projected to increase approximately 49% during fiscal 2012 on the back of mid-single digit growth in comparable-store sales and the opening of 25 new stores. Sales for the company's eCommerce business is expected to be up approximately 21%.
Management forecasted a 19% growth in total revenue for the first quarter of 2012 but anticipates a 50% decline in earnings per share. Gross margin is expected to be about 48%. The quarter also includes increased fixed overhead for new retail stores, international infrastructure, and general and administrative expenses. SG&A expense as a percentage of sales is anticipated to be around 43%.
Deckers long-term target is to achieve $2.4 billion in sales by 2015, including UGG sales of $1.85 billion, Teva sales of $250 million and sales from Sanuk brands of $200 million, and reflects a compound annual growth rate of about 15% from 2011.
Currently, we have a long-term Neutral recommendation on the stock. However, Deckers, which competes with Nike Inc. ( NKE ) and Timberland Co. ( TBL ), holds a Zacks #4 Rank that translates into a short-term Sell rating.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation ( DECK ) recently delivered a record fourth-quarter 2011 results on the back of strong demand for the product lines under the UGG brand during holiday season. Deckers witnessed increased demand for the UGG brand principally in the domestic wholesale market buoyed by new assortments and styles as well large collections of men's and women's products. However, Deckers' warned that rise in sheepskin prices and other costs would hurt the bottom lines of the first quarter and full year 2012.
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Deckers long-term target is to achieve $2.4 billion in sales by 2015, including UGG sales of $1.85 billion, Teva sales of $250 million and sales from Sanuk brands of $200 million, and reflects a compound annual growth rate of about 15% from 2011. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation ( DECK ) recently delivered a record fourth-quarter 2011 results on the back of strong demand for the product lines under the UGG brand during holiday season.
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Deckers anticipate its UGG brand sales to rise approximately 11% and Teva brand sales to increase by about 10%, whereas other brand sales are expected to remain flat in 2012. Deckers long-term target is to achieve $2.4 billion in sales by 2015, including UGG sales of $1.85 billion, Teva sales of $250 million and sales from Sanuk brands of $200 million, and reflects a compound annual growth rate of about 15% from 2011. Deckers Outdoor Corporation ( DECK ) recently delivered a record fourth-quarter 2011 results on the back of strong demand for the product lines under the UGG brand during holiday season.
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Deckers anticipate its UGG brand sales to rise approximately 11% and Teva brand sales to increase by about 10%, whereas other brand sales are expected to remain flat in 2012. Deckers Outdoor Corporation ( DECK ) recently delivered a record fourth-quarter 2011 results on the back of strong demand for the product lines under the UGG brand during holiday season. However, Deckers' warned that rise in sheepskin prices and other costs would hurt the bottom lines of the first quarter and full year 2012.
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c980ed65-14c0-4465-a49a-a3a2ada3d65e
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724823.0
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2012-02-24 00:00:00 UTC
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Futures turn green with Europe, Asia
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DECK
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https://www.nasdaq.com/articles/futures-turn-green-europe-asia-2012-02-24
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nan
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nan
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Stock futures are modestly higher this morning, following overseas markets higher.
The S&P 500, Dow Jones Industrial Average, and Nasdaq rose by less than 0.2 percent, following slight gains yesterday. The SPX has spent the last week consolidating at long-term resistance, which could be leading traders to interpret continued strength at this level as evidence of a potential breakout.
Germany's DAX is the leading index in Europe with a 0.8 percent gain. Asian markets also climbed, led by China as investors wagered that policymakers will loosen monetary conditions. Japan's Nikkei also rallied on greater confidence in the U.S. economy.
Foreign exchange and commodities painted a similar picture of strength, but not as clearly. The euro continued to advance against the U.S. dollar and the Japanese yen, a broad sign of risk appetite. But other currencies associated with risk, namely such the Canadian dollar and Australian dollar, didn't follow suit.
Commodities were also mixed. Oil rose about half a percent, and copper is higher by slightly more. But gold, silver, and agricultural foodstuffs are mostly lower.
In company-specific news, Salesforce.com is rallying 12 percent before the bell after a better-than-expected earnings report. Footwear companies Crocs and Deckers Outdoor are both down about 10 percent after higher raw-material prices caused their results to miss estimates.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Footwear companies Crocs and Deckers Outdoor are both down about 10 percent after higher raw-material prices caused their results to miss estimates. The S&P 500, Dow Jones Industrial Average, and Nasdaq rose by less than 0.2 percent, following slight gains yesterday. The SPX has spent the last week consolidating at long-term resistance, which could be leading traders to interpret continued strength at this level as evidence of a potential breakout.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Footwear companies Crocs and Deckers Outdoor are both down about 10 percent after higher raw-material prices caused their results to miss estimates. The S&P 500, Dow Jones Industrial Average, and Nasdaq rose by less than 0.2 percent, following slight gains yesterday.
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Footwear companies Crocs and Deckers Outdoor are both down about 10 percent after higher raw-material prices caused their results to miss estimates. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Footwear companies Crocs and Deckers Outdoor are both down about 10 percent after higher raw-material prices caused their results to miss estimates. The S&P 500, Dow Jones Industrial Average, and Nasdaq rose by less than 0.2 percent, following slight gains yesterday. The SPX has spent the last week consolidating at long-term resistance, which could be leading traders to interpret continued strength at this level as evidence of a potential breakout.
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6bdeec7d-9ef2-437c-8cc7-e4749b1ae0df
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724824.0
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2012-02-22 00:00:00 UTC
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Earnings Preview: Deckers Outdoor - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/earnings-preview%3A-deckers-outdoor-analyst-blog-2012-02-22
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nan
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nan
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Deckers Outdoor Corporation ( DECK ) is slated to report its fourth-quarter 2011 financial results on February 23, 2012. The Zacks Consensus Estimate for the quarter stands at $3.12 per share, representing an estimated year-over-year increase of about 37%. Revenue, as per the Zacks Consensus Estimate, is $562 million.
Previous Quarter Performance
Deckers delivered better-than-expected third-quarter 2011 results on the heels of healthy demand for the product lines under the UGG and Teva brands, and the acquisition of the Sanuk brand.
The quarterly earnings of $1.59 per share surpassed the Zacks Consensus Estimate of $1.34, and surged 48.6% from $1.07 in the prior-year quarter.
Deckers, which competes with Nike Inc. ( NKE ) and Timberland Co. ( TBL ), stated that total net sales jumped 49.1% to $414.4 million from the prior-year quarter, outpacing the Zacks Consensus Estimate of $389.0 million.
Agreement of Estimate Revisions
Analysts' are positively biased about the company's upcoming earnings. Of the 14 analysts covering the stock, 2 revised their estimates upward in the last 30 days, while one moved in the opposite direction. For fiscal 2011, 3 analysts revised their estimates upward while one lowered the same.
Magnitude of Estimate Revisions
The company has not experienced any movement in fourth-quarter estimates over the last 30 days.
Some analysts remain cautious about the unseasonably warm winter, which is likely to hit the sales of UGG brand, one of the major revenue contributors to the company. Moreover, rising input costs are taking a toll on margins. However, some analysts believe that sales of the brand are high irrespective of these uncertainties.
Positive Earnings Surprise History
With respect to earnings surprises, Deckers has topped the Zacks Consensus Estimate over the last four quarters in the range of 4.3% to 20.8%. The average remained at 14.5%. This suggests that Deckers has outperformed the Zacks Consensus Estimate by the same magnitude over the trailing four quarters.
Our View
Deckers, in order to seek better prospects and enhance its earnings potential, has taken a number of initiatives including diversification of merchandise offering, resumption of distribution rights in significant geographic areas, rapid retail store openings, acquisition of Sanuk brand, and strengthening of eCommerce platform.
Deckers' top line has increased at a CAGR of 35% in the last five years. The company's robust growth in all its divisions and sustained focus on new product introductions along with geographic expansion have helped to achieve healthy results.
Further, the international markets provide a significant growth opportunity, and we remain optimistic about the company's incremental sales and earnings potential. Internationally, the company distributes its products throughout Europe, Asia Pacific, Canada and Latin America.
However, we are cautious about the rising input costs and higher inventory, which will largely affect its margins in the near term. Deckers holds a Zacks #4 Rank, which translates into a short-term 'Sell' rating. However, considering the fundamentals, we are maintaining a long-term 'Neutral' recommendation on the stock.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Our View Deckers, in order to seek better prospects and enhance its earnings potential, has taken a number of initiatives including diversification of merchandise offering, resumption of distribution rights in significant geographic areas, rapid retail store openings, acquisition of Sanuk brand, and strengthening of eCommerce platform. Deckers Outdoor Corporation ( DECK ) is slated to report its fourth-quarter 2011 financial results on February 23, 2012. Previous Quarter Performance Deckers delivered better-than-expected third-quarter 2011 results on the heels of healthy demand for the product lines under the UGG and Teva brands, and the acquisition of the Sanuk brand.
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Deckers, which competes with Nike Inc. ( NKE ) and Timberland Co. ( TBL ), stated that total net sales jumped 49.1% to $414.4 million from the prior-year quarter, outpacing the Zacks Consensus Estimate of $389.0 million. Positive Earnings Surprise History With respect to earnings surprises, Deckers has topped the Zacks Consensus Estimate over the last four quarters in the range of 4.3% to 20.8%. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report To read this article on Zacks.com click here.
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Deckers, which competes with Nike Inc. ( NKE ) and Timberland Co. ( TBL ), stated that total net sales jumped 49.1% to $414.4 million from the prior-year quarter, outpacing the Zacks Consensus Estimate of $389.0 million. Positive Earnings Surprise History With respect to earnings surprises, Deckers has topped the Zacks Consensus Estimate over the last four quarters in the range of 4.3% to 20.8%. Deckers Outdoor Corporation ( DECK ) is slated to report its fourth-quarter 2011 financial results on February 23, 2012.
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Previous Quarter Performance Deckers delivered better-than-expected third-quarter 2011 results on the heels of healthy demand for the product lines under the UGG and Teva brands, and the acquisition of the Sanuk brand. Deckers Outdoor Corporation ( DECK ) is slated to report its fourth-quarter 2011 financial results on February 23, 2012. Deckers, which competes with Nike Inc. ( NKE ) and Timberland Co. ( TBL ), stated that total net sales jumped 49.1% to $414.4 million from the prior-year quarter, outpacing the Zacks Consensus Estimate of $389.0 million.
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b7cdfe18-62b4-402f-9f78-a3fb3878e12c
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724825.0
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2012-02-16 00:00:00 UTC
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Weak Sales Hurt Skechers 4Q - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/weak-sales-hurt-skechers-4q-analyst-blog-2012-02-16
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nan
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nan
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Skechers USA Inc. ( SKX ) posted sluggish fourth-quarter 2011 results. The company delivered a quarterly loss of 54 cents a share compared with earnings of 7 cents a share in the prior-year period, dragged by weak top-line performance. The analysts polled by Zacks had estimated a loss of 23 cents a share.
On a reported basis, including one time items, Skechers delivered a loss of $1.18 per share.
Let's Dig Deep
Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines principally in domestic wholesale business. The reported revenue also substantially fell short of the Zacks Consensus Estimate of $322 million.
The domestic wholesale business tumbled 57.5%, reflecting a difficult comparison due to robust sales witnessed in the last couple of years. The sluggishness was registered across fitness, lifestyle and kids divisions.
International wholesale business experienced a decline of 28% due to sluggish sales in the toning category on account of transition to lower-priced products. Challenging economic climate in Europe and the transition phase in Japan (from distributor-operated business to a company-owned subsidiary) also adversely impacted the business.
On a combined basis, retail business sales declined 6%. Domestic retail sales decreased approximately 7%, whereas comparable-store sales fell 15.5%. International retail sales remained flat, whereas comparable-store sales dropped 10.8%.
The company's licensing division has been another source of revenue, whereby the company licenses its name and images. The company generated $3 million in revenue during the quarter from its licensing affiliates, which includes eyewear, kids apparel, backpacks, watches, luggage, and socks. Management hinted that Li & Fung, one of the leading attire and accessories manufacturers, will launch fitness apparel for both men and women under the Skechers' brand in 2012. This opens another important source for revenue.
Gross profit plunged 38.9% to $112.6 million, whereas the gross profit margin contracted 70 basis points to 39.8%. The decline reflected sluggish sales coupled with lower average selling price.
Stores Update
During the quarter, Skechers opened 9 domestic and 2 international retail stores, and closed 1 store bringing the total store count to 329. So far in 2012, the company has opened 2 warehouse stores and closed 1 warehouse outlet, and plans to open additional 18 to 20 locations in the remaining year.
The company also opened 23 distributor-owned or licensed Skechers retail stores and closed 1 during the quarter bringing the total to 207. The company's international distribution affiliates targets to open 10 stores in the first quarter of 2012 and 50 more outlets in the year, which includes opening of first Skechers Kids international outlet in Indonesia.
Strategic Initiatives
Management remains committed to focus on new lines of products such as 'Skechers GOrun', opening of additional Skechers stores and increasing distribution channels with the development of international distribution agreements to improve its sales and profitability.
Moreover, international business remains a significant growth driver for the company's sales. International wholesale business jumped 12% to $487.3 million during fiscal 2011. However, management now forecasts international wholesale sales to be lower in the first quarter of 2012 against record sales in the prior-year quarter with a pick up expected in the back half of the year. Further, International retail sales surged 22% during fiscal 2011.
Skechers, through its distribution networks, subsidiaries and joint ventures, is poised to enhance its global reach in the footwear market. Skechers' joint ventures in Asia are portraying improvement with growing operations in China, Hong Kong, Singapore, and Malaysia.
The company is trying every means to reposition itself for 2012. These include lowering of selling and marketing expenses, consolidating of North American distribution facilities under one roof, streamlining inventory, and new product offerings. The company also intends to lower its operating expenses relative to total revenue in the back half of 2012.
Further, Skechers expects to increase its company-owned subsidiary business in Japan, which is under a transition process, to two folds in the next 3 to 5 years.
Other Financial Aspects
During the quarter, Skechers maintained its aggressive inventory offloading stance in order to right-size its inventory. Consequently, total inventories at the end of the quarter under review were $226.4 million, reflecting a decrease of 43.2% from December 31, 2010.
Skechers portrays a healthy balance sheet with cash and cash equivalents of $351.1 million, total long-term debt of $86.6 million and shareholders' equity of $852.6 million, excluding non-controlling interest of $40 million at the end of the quarter. Capital expenditures for the quarter were $7.9 million.
Currently, we maintain a long-term "Neutral" recommendation on the stock. Moreover, Skechers holds a Zacks #3 Rank that translates into a short-term "Hold" rating.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines principally in domestic wholesale business. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. The company generated $3 million in revenue during the quarter from its licensing affiliates, which includes eyewear, kids apparel, backpacks, watches, luggage, and socks.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines principally in domestic wholesale business. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Stores Update During the quarter, Skechers opened 9 domestic and 2 international retail stores, and closed 1 store bringing the total store count to 329.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines principally in domestic wholesale business. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Stores Update During the quarter, Skechers opened 9 domestic and 2 international retail stores, and closed 1 store bringing the total store count to 329.
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Let's Dig Deep Skechers, which competes with Deckers Outdoor Corporation ( DECK ) and Nike Inc. ( NKE ), stated that total net sales for the quarter dropped 37.7% to $283.2 million from the prior-year quarter, reflecting lower sales of high-priced toning shoes and sluggish performances across other footwear lines principally in domestic wholesale business. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. International wholesale business experienced a decline of 28% due to sluggish sales in the toning category on account of transition to lower-priced products.
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476f228a-24b9-46af-97bc-a45dcc1a49dc
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724826.0
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2012-02-13 00:00:00 UTC
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Earnings Preview: Skechers - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/earnings-preview%3A-skechers-analyst-blog-2012-02-13
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nan
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nan
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Skechers USA Inc . ( SKX ), the designer, marketer and distributor of footwear, is slated to report its fourth-quarter 2011 financial results on February 15, 2012. The current Zacks Consensus Estimate for the quarter reflects a loss of 23 cents per share, representing a sharp decline from earnings of 7 cents in the prior-year quarter. Revenue, as per the Zacks Consensus Estimate, is $324 million.
Third-Quarter Synopsis
Skechers delivered earnings of 7 cents a share, down approximately 90% from the prior-year period as weak top-line performance weighed upon its bottom-line results. However, the quarterly earnings fared better than the Zacks Consensus Estimate of one cent a share.
However, including one-time items, Skechers delivered earnings of 17 cents a share.
Skechers, which competes with Deckers Outdoor Corporation ( DECK ), reported a 25.7% year over year drop in total net sales to $412.2 million, reflecting lower sales of high priced toning shoes and sluggish performances across other footwear lines. Moreover, the reported revenue also came below the Zacks Consensus Estimate of $465 million.
Agreement of Estimate Revisions
Of the 5 analysts covering the stock, 2 revised the estimates downward in the last 30 days, while none moved in the opposite direction.
In the last 7 days, none of the analysts revised the estimates in either direction.
Magnitude of Estimate Revisions
Following the estimate revisions, the Zacks Consensus estimate of loss per share widened by 5 cents over the last 30 days.
The downward revisions support the view that revenue growth will remain muted in the coming quarters as there is lack of near-term catalysts to drive sales. Further, the company's aggressive inventory offloading stance in order to right-size its inventory coupled with lower average selling price is taking a toll on its margins.
Mixed Earnings Surprise History
With respect to earnings surprises, Skechers has topped as well as missed the Zacks Consensus Estimate over the last four quarters in the range of negative 53.3% to a positive 600%. The average remained at positive 133.9%, indicating that the company has surpassed the Zacks Consensus Estimate by the same magnitude in the trailing four quarters.
Our Take
The company is trying to reposition itself to drive growth by focusing on inventory optimization and cost-containment efforts. Moreover, in our opinion, the company's international business provides an enormous scope for growth.
Further, Skechers' sustained focus on new line of products, opening of new retail stores and distribution channels, and the development of new international distribution agreements (in India and Mexico), should drive profitability.
However, we remain on the sidelines considering the company's weak top-line performances and continued margin pressure through lower average selling price.
Currently, we have a long-term 'Neutral' rating on the stock. Moreover, Skechers has a Zacks #3 Rank, which translates into a short-term 'Hold' recommendation.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Skechers, which competes with Deckers Outdoor Corporation ( DECK ), reported a 25.7% year over year drop in total net sales to $412.2 million, reflecting lower sales of high priced toning shoes and sluggish performances across other footwear lines. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Third-Quarter Synopsis Skechers delivered earnings of 7 cents a share, down approximately 90% from the prior-year period as weak top-line performance weighed upon its bottom-line results.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Skechers, which competes with Deckers Outdoor Corporation ( DECK ), reported a 25.7% year over year drop in total net sales to $412.2 million, reflecting lower sales of high priced toning shoes and sluggish performances across other footwear lines. Magnitude of Estimate Revisions Following the estimate revisions, the Zacks Consensus estimate of loss per share widened by 5 cents over the last 30 days.
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Skechers, which competes with Deckers Outdoor Corporation ( DECK ), reported a 25.7% year over year drop in total net sales to $412.2 million, reflecting lower sales of high priced toning shoes and sluggish performances across other footwear lines. DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. The current Zacks Consensus Estimate for the quarter reflects a loss of 23 cents per share, representing a sharp decline from earnings of 7 cents in the prior-year quarter.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report To read this article on Zacks.com click here. Skechers, which competes with Deckers Outdoor Corporation ( DECK ), reported a 25.7% year over year drop in total net sales to $412.2 million, reflecting lower sales of high priced toning shoes and sluggish performances across other footwear lines. Magnitude of Estimate Revisions Following the estimate revisions, the Zacks Consensus estimate of loss per share widened by 5 cents over the last 30 days.
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5a452569-c588-47a3-880f-e6d591129352
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724827.0
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2012-01-31 00:00:00 UTC
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Wolverine Beats, Profit Dips - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/wolverine-beats-profit-dips-analyst-blog-2012-01-31
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nan
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nan
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Wolverine World Wide Inc . ( WWW ), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted soft fourth-quarter 2011 results.
Decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 47 cents a share, down 9.6% from the prior-year quarters' earnings of 52 cents a share. However, the earnings exceeded the Zacks Consensus Estimate by couple of cents.
Wolverine, the seller of products under Harley-Davidson Footwear, Hush Puppies, Merrell and other brands, marked an increase of 5.6% year over year in its top line to $406.5 million. The company's multi-brand portfolio, multi-distribution channel strategy and growth across all branded operating groups led to the increase.
However, the reported revenue lagged behind the Zacks Consensus Estimate of $412 million.
Coming to the operating groups, revenues increased 4.5% year over year to $141.1 million for Outdoor, 4.6% to $158.4 million for Heritage, and 13.4% to $57.3 million for Lifestyle. Other business units, which comprise Wolverine retail and leathers, posted a revenue growth of 23.6% to reach $5 million.
Gross profit increased 5.2% to $150.2 million during the quarter, reflecting growth in its top line. However, gross margin contracted 20 basis points to 36.9% compared with the prior-year quarter, reflecting a rise of 20 basis points in the cost of goods sold as a percentage of sales.
Operating profit inched down 0.7% to $30.9 million in the quarter, while operating margin contracted 50 basis points, reflecting an increase of 30 basis points in operating expenses as a percentage of sales.
Rockford, Michigan-based Wolverine enjoyed increased momentum in fiscal 2011, which we expect to continue into fiscal 2012. Moreover, we believe that the company remains well positioned to increase its market share on the strength of its brand portfolio. The Merrell brand has been the key growth driver in the past decade, and we expect it to catalyze future growth.
Other Financial Aspects
Wolverine ended fourth-quarter 2011 with cash and cash equivalents of $140 million and shareholders' equity of $575.2 million with no long-term debt. The company repurchased approximately 1.8 million shares in fiscal 2011 for $65.3 million with an average price of $35.49 per share. The company has approximately $89 million shares remaining under its prevailing share repurchase authorization.
Management Guided
The company now expects total revenue in the range of $ $1,485 million to $1,525 million for fiscal 2012, reflecting a year-over-year growth of 5.4% to 8.2%.
Moreover, Wolverine expects revenues to remain flat in the first quarter of fiscal 2012, while the second quarter revenue is expected to mark a modest growth compared with the prior-year quarter.
Further, the company forecasted a modest increase in gross margin for fiscal 2012 on the back of favorable product mix and planned increases in selling price. On the cost front, the company expects to deleverage SG&A modestly in fiscal 2012.
The company aims to increase the share of its consumer direct business to 15% of total revenue through opening new stores. In fiscal 2012, Wolverine expects to open approximately 12 to 15 new locations.
Fiscal 2012 earnings are now projected between $2.60 and $2.70 per share, representing a growth of 4.8% to 8.9% from the prior year. The analysts considered by Zacks expect the company to post earnings of $2.66 per share for fiscal 2012.
Currently, we are maintaining a long-term Neutral rating on the stock. Moreover, Wolverine, which competes with Timberland Co . ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . ( SKX ), has a Zacks #4 Rank that translates into a short-term Sell recommendation.
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
SKECHERS USA-A ( SKX ): Free Stock Analysis Report
WOLVERINE WORLD ( WWW ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. ( WWW ), one of the leading designers, manufacturers and marketers of branded footwear and apparel, recently posted soft fourth-quarter 2011 results.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . Decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 47 cents a share, down 9.6% from the prior-year quarters' earnings of 52 cents a share.
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( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. Decline in margins took a toll on the company's earnings as Wolverine reported quarterly earnings of 47 cents a share, down 9.6% from the prior-year quarters' earnings of 52 cents a share.
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DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report SKECHERS USA-A ( SKX ): Free Stock Analysis Report WOLVERINE WORLD ( WWW ): Free Stock Analysis Report To read this article on Zacks.com click here. ( TBL ), Deckers Outdoor Corporation ( DECK ) and Skechers USA Inc . Moreover, Wolverine expects revenues to remain flat in the first quarter of fiscal 2012, while the second quarter revenue is expected to mark a modest growth compared with the prior-year quarter.
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e1db8051-d1ba-4b84-8a94-4a2c55f54752
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724828.0
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2012-01-17 00:00:00 UTC
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Crocs Set to Hit Billion in 2011 - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/crocs-set-to-hit-billion-in-2011-analyst-blog-2012-01-17
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nan
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nan
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Shoe manufacturer Crocs Inc ( CROX ) recently announced that it expects to achieve the higher end of its revenue guidance of $200 million to $205 million for the fourth quarter of 2011, based on the solid performance of retail business. Thus, the Niwot, Colorado-based company expects to post revenues of more than $1 billion for fiscal 2011, as against revenues of $790 million in 2010.
We believe that it is a remarkable achievement for the company to garner revenues of $1 billion in less than a decade. The footwear company succeeded in driving its revenue on the strength of its brand and solid presence in the international market.
Encouraged by the news, the company's share price surged $2.61 to close at $18.56 on Wednesday.
However, the company reiterated its earnings forecast in the range of 3 cents to 5 cents for the fourth quarter of 2011, as business in Europe remains soft owing to the challenging macroeconomic conditions.
Crocs, which primarily operates in Europe, Asia and America, continues to make efforts to drive margins and expects gross margin to be in the mid-50% range in 2011. Crocs balance sheet position also remains strong with no debt and a new $70 million line of credit
For 2012, the company plans to open net 80 to 100 retail stores globally and shutdown a number of kiosks in the United States. In the first half of 2012, the company expects to close 25 to 30 kiosks.
The company's long-term growth objectives are to sustain growth as well as expand in regions, product growth with average selling price ( ASP ) expansion, direct-to-consumer roll out and continuous investment in both the retail and Internet businesses.
In the recently concluded third quarter, revenue jumped 27.5% to $274.9 million. Sales rose 24.3% at wholesale, 31.4% at Retail and 33.7% at Internet. Gross profit enhanced 23.9% to $147.2 million.
The Zacks Consensus Estimates for fiscal 2011 and 2012 are pegged at $1.23 and $1.46, respectively. We expect estimates to go up in the coming days as the company has raised its sales outlook.
Crocs, which competes with Deckers Outdoor Corp. ( DECK ) and Nike Inc ( NKE ), expects to report fourth quarter 2011 results on February 24, 2012.
Crocs, which sell more than 250 designs for men, women, and children, currently retains a Zacks #3 Rank, implying a short-term Hold rating on the stock. Our long-term recommendation for the stock remains Neutral.
CROCS INC ( CROX ): Free Stock Analysis Report
DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report
NIKE INC-B ( NKE ): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Crocs, which competes with Deckers Outdoor Corp. ( DECK ) and Nike Inc ( NKE ), expects to report fourth quarter 2011 results on February 24, 2012. CROCS INC ( CROX ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report To read this article on Zacks.com click here. Crocs balance sheet position also remains strong with no debt and a new $70 million line of credit For 2012, the company plans to open net 80 to 100 retail stores globally and shutdown a number of kiosks in the United States.
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Crocs, which competes with Deckers Outdoor Corp. ( DECK ) and Nike Inc ( NKE ), expects to report fourth quarter 2011 results on February 24, 2012. CROCS INC ( CROX ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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CROCS INC ( CROX ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report To read this article on Zacks.com click here. Crocs, which competes with Deckers Outdoor Corp. ( DECK ) and Nike Inc ( NKE ), expects to report fourth quarter 2011 results on February 24, 2012. Shoe manufacturer Crocs Inc ( CROX ) recently announced that it expects to achieve the higher end of its revenue guidance of $200 million to $205 million for the fourth quarter of 2011, based on the solid performance of retail business.
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Crocs, which competes with Deckers Outdoor Corp. ( DECK ) and Nike Inc ( NKE ), expects to report fourth quarter 2011 results on February 24, 2012. CROCS INC ( CROX ): Free Stock Analysis Report DECKERS OUTDOOR ( DECK ): Free Stock Analysis Report NIKE INC-B ( NKE ): Free Stock Analysis Report To read this article on Zacks.com click here. Shoe manufacturer Crocs Inc ( CROX ) recently announced that it expects to achieve the higher end of its revenue guidance of $200 million to $205 million for the fourth quarter of 2011, based on the solid performance of retail business.
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322ede2b-4ca6-46f1-b75e-3e337705b06e
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724829.0
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2011-01-13 00:00:00 UTC
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11 Highly Profitable, High Growth Stocks
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DECK
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https://www.nasdaq.com/articles/11-highly-profitable-high-growth-stocks-2011-01-13
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nan
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nan
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Compiled by Luis Gonzalez: The following is a list of high growth stocks, based on projected earnings per share growth over the next five years. All of the stocks mentioned below have projected EPS growth rates higher than 20% over the next five years.
In addition, all of these stocks are more profitable than their competitors, when comparing 5-year average gross profit margins and net profit margins.
We're not going to go into detailed analysis for each company. The goal here is to give you a starting point for your own analysis.
Profitability and industry comps sourced from Reuters, short float and performance data sourced from Finviz.
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a thorough description of all companies mentioned
2. Compare analyst ratings for all stocks mentioned below
3. Visualize monthly and annual returns for all stocks mentioned
The list has been sorted alphabetically.
1. American Public Education, Inc. (APEI): Business Services Industry. Market cap of $646.92M. Sales have grown by 45.16% over the past 5 years, EPS is projected to grow by 24.0% over the next 5 years. 5-year average gross margin at 58.67% vs. industry average at 55.8%. 5-year average net profit margin at 13.4% vs. industry average at 9.19%. Short float at 8.42%, which implies a short ratio of 6.51 days. The stock has lost -4.91% over the last year.
2. Baidu, Inc. (BIDU): Internet Information Providers Industry. Market cap of $36.9B. Sales have grown by 106.85% over the past 5 years, EPS is projected to grow by 56.17% over the next 5 years. 5-year average gross margin at 64.18% vs. industry average at 43.65%. 5-year average net profit margin at 33.25% vs. industry average at 16.74%. Short float at 2.99%, which implies a short ratio of 0.81 days. The stock has gained 141.02% over the last year.
3. Comtech Telecommunications Corp. (CMTL): Communication Equipment Industry. Market cap of $776.04M. Sales have grown by 20.38% over the past 5 years, EPS is projected to grow by 35.0% over the next 5 years. 5-year average gross margin at 40.21% vs. industry average at 31.53%. 5-year average net profit margin at 10.69% vs. industry average at 5.52%. Short float at 7.81%, which implies a short ratio of 6.53 days. The stock has lost -24.39% over the last year.
4. Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. Market cap of $3.06B. Sales have grown by 30.51% over the past 5 years, EPS is projected to grow by 24.33% over the next 5 years. 5-year average gross margin at 45.06% vs. industry average at 42.11%. 5-year average net profit margin at 12.65% vs. industry average at 5.28%. Short float at 13.65%, which implies a short ratio of 2.85 days. The stock has gained 114.65% over the last year.
5. DG FastChannel, Inc. (DGIT): Business Services Industry. Market cap of $835.06M. Sales have grown by 28.93% over the past 5 years, EPS is projected to grow by 22.0% over the next 5 years. 5-year average gross margin at 54.4% vs. industry average at 24.9%. 5-year average net profit margin at 7.92% vs. industry average at 2.51%. Short float at 6.82%, which implies a short ratio of 4.99 days. The stock has gained 7.72% over the last year.
6. New Oriental Education & Technology Group (EDU): Education & Training Services Industry. Market cap of $4.04B. Sales have grown by 34.75% over the past 5 years, EPS is projected to grow by 26.78% over the next 5 years. 5-year average gross margin at 61.16% vs. industry average at 55.8%. 5-year average net profit margin at 19.83% vs. industry average at 9.19%. Short float at 3.42%, which implies a short ratio of 4.38 days. The stock has gained 33.36% over the last year.
7. HMS Holdings Corp. (HMSY): Business Services Industry. Market cap of $1.78B. Sales have grown by 35.36% over the past 5 years, EPS is projected to grow by 24.46% over the next 5 years. 5-year average gross margin at 73.48% vs. industry average at 47.7%. 5-year average net profit margin at 11.24% vs. industry average at 4.65%. Short float at 6.36%, which implies a short ratio of 9.14 days. The stock has gained 29.71% over the last year.
8. Intuitive Surgical, Inc. (ISRG): Medical Appliances & Equipment Industry. Market cap of $11.09B. Sales have grown by 49.95% over the past 5 years, EPS is projected to grow by 24.65% over the next 5 years. 5-year average gross margin at 69.93% vs. industry average at 47.12%. 5-year average net profit margin at 23.9% vs. industry average at 5.74%. Short float at 6.95%, which implies a short ratio of 4.66 days. The stock has lost -7.79% over the last year.
9. Lululemon Athletica Inc. (LULU): Apparel Clothing Industry. Market cap of $5.17B. Sales have grown by 61.87% over the past 5 years, EPS is projected to grow by 28.18% over the next 5 years. 5-year average gross margin at 50.88% vs. industry average at 40.37%. 5-year average net profit margin at 10.72% vs. industry average at 6.2%. Short float at 18.77%, which implies a short ratio of 5.16 days. The stock has gained 125.4% over the last year.
10. Research In Motion Limited (RIMM): Diversified Communication Services Industry. Market cap of $33.15B. Sales have grown by 61.75% over the past 5 years, EPS is projected to grow by 22.68% over the next 5 years. 5-year average gross margin at 59.39% vs. industry average at 31.53%. 5-year average net profit margin at 36.76% vs. industry average at 5.52%. Short float at 6.15%, which implies a short ratio of 2.1 days. The stock has gained 0.49% over the last year.
11. WebMD Health Corp. (WBMD): Internet Information Providers Industry. Market cap of $3.18B. Sales have grown by 26.73% over the past 5 years, EPS is projected to grow by 25.0% over the next 5 years. 5-year average gross margin at 62.29% vs. industry average at 43.65%. 5-year average net profit margin at 35.98% vs. industry average at 16.74%. Short float at 3.41%, which implies a short ratio of 6.26 days. The stock has gained 36.6% over the last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. All of the stocks mentioned below have projected EPS growth rates higher than 20% over the next five years. Visualize monthly and annual returns for all stocks mentioned The list has been sorted alphabetically.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. In addition, all of these stocks are more profitable than their competitors, when comparing 5-year average gross profit margins and net profit margins. 5-year average net profit margin at 13.4% vs. industry average at 9.19%.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. 5-year average net profit margin at 13.4% vs. industry average at 9.19%. 5-year average net profit margin at 33.25% vs. industry average at 16.74%.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. All of the stocks mentioned below have projected EPS growth rates higher than 20% over the next five years. The stock has gained 141.02% over the last year.
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55968cd9-42fb-4d32-861e-b1520e863380
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724830.0
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2011-01-07 00:00:00 UTC
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Readers' Top Investing Rules
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DECK
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https://www.nasdaq.com/articles/readers-top-investing-rules-2011-01-07
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nan
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nan
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Last week I discussed 20 investing rules for 2011. If you missed the issue, you can read it here .
This week, I have some rules for you that were sent in by readers. Thanks to everyone who wrote in. If you have some to add, please send them to me by replying to this email. Enjoy!
Love your rules. I like to project the pullbacks on a stock with a long-term growth pattern to identify entry points. I also am not afraid to buy into those pleasing short-term pops of that same stock, especially if it is occurring on low to moderate volume. I know from experience that the next big volume day for that stock seems to be demand driven. In my younger years, I learned the hard way to watch the high fliers very carefully. Don't get me wrong, I got hurt a little during the collapse of the tech bubble, but nowhere near as much as some. Greed never pays … staying on top of those profit situations in volatile stocks is ALWAYS time well spent. Second RULE … never rely solely on broker or analyst opinion … ALWAYS look at the big picture.
D.R.
Niceville, Florida
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After almost 28 years on the retail side of the business, I came to the realization that investors should only be in investments that pay dividends. Consequently I construct portfolios that start with at least 80% dividend-paying investments returning at least 4% in income per year. My overall goal is to achieve between 5 to 7% "real" income annually.
M.M.
Winter Park, Florida
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Here are my rules. They are designed to correct my flaws and therefore are a supplement to many other rules including yours.
HANS' INVESTMENT LAWS
1-Never look back.
2-You only make money when you sell.
3-Greed kills success.
4-Never rely on investor momentum or on advisors only.
Cheers and happy new year.
H.H.
King City, Ontario
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One of my top rules is "The chart is always right" meaning that no matter what the speculation about the stock, or how good the company might be, if the technical chart is giving you bad signals, the chart is trying to tell you "no new buying here right now."
Another one of my personal ones goes something like this: "When buying a stock, don't settle. Only buy a stock that meets all your criteria. There are plenty of good stocks out there and you don't have to settle to buy one."
M.L.
Wheelock, Texas
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Last Chance: Get Top Dividend Picks for 2011 Free
Get the best high-yield ideas from the best minds on Wall Street with Dick Davis Dividend Digest. Subscribe nowto receive a full year of these winning ideas and get our Top Dividend Picks for 2011 special issue FREE when it's released next Wednesday, January 12. Don't delay, this offer won't be around for long. Order now!
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With the return of cold weather and snow here in the Northeast, I recently pulled out one of my favorite pairs of winter boots: my trusty UGGs. I've long been a fan of the cozy winter footwear and was intrigued when Deckers Outdoor ( DECK ) , the maker of the boots, began popping up in our Cabot newsletters. It recently appeared in Cabot Top Ten Weekly, with Editor Michael Cintolo writing this:
"Markets gained strength in late 2010 from the return of retail, with several apparel and footwear companies showing signs of solid growth. Deckers Outdoor, a California company founded in 1973, has expanded from its roots in Teva sandals and Deckers flip-flops into a stable of global footwear brands. The most visible brand is UGG Australia, the sheepskin-based pull-on boots that have become a staple of young women's footgear. The company also owns the Simple, TSUBO, Ahnu and Mozo brands, but it's the UGGs that drive results, making up nearly 90% of 2009 revenues. Deckers says that its corporate strategy is to take niche brands and turn them into global successes, and it has done that with UGGs and Teva sandals. In a strengthening retail environment, investors are betting that the company will continue to make good on that strategy.
"DECK split 3-for-1 in July 2010, and that marked the middle of a nearly six-month basing period that kept the stock trading sideways in a range between 45 and 55. The big rally began in September, and rocketed the stock from 43 at the end of August to 87 in late December. DECK has been correcting since December 20, and has now dropped to its 25-day moving average. It looks like there should be support at 77, and a small buy here could pay off. Look to average up as the stock gets back in gear, but keep a stop at the 50-day moving average currently at 71."
You could buy DECK here and hope for the best, or you could subscribe to Cabot Top Ten Weekly to learn Mike's latest thinking on it and other leading stocks. Learn more here.
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In this Week's Stock Market Analysis Video, Cabot China & Emerging Markets Editor Paul Goodwin says that it's been a good week in the market, as investors come back from the holidays with buying on their minds. He says that investors are optimistic, encouraged by good retail numbers and the fact that hiring may be picking up. Paul also discusses the recent buy signal his newsletter received. Stocks discussed include China Yuchai ( CYD ) and America Movil ( AMX ) . Click to watch!
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Shocking Truth about Investing in China
Our subscribers have earned profits totaling over 680% on our recommendations in the last year! And that's just the beginning. Cabot China & Emerging Markets Report Editor Paul Goodwin says … "These numbers translate into cumulative profits of 100% … 200% … even 1,000%+ if you invest in the right Chinese companies being traded on U.S. exchanges."
And the best place to discover these high-potential stocks is in Cabot China & Emerging Markets Report! Subscribe now.
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Until next time,
Elyse Andrews
Editor of Cabot Wealth Advisory
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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I've long been a fan of the cozy winter footwear and was intrigued when Deckers Outdoor ( DECK ) , the maker of the boots, began popping up in our Cabot newsletters. Deckers Outdoor, a California company founded in 1973, has expanded from its roots in Teva sandals and Deckers flip-flops into a stable of global footwear brands. Deckers says that its corporate strategy is to take niche brands and turn them into global successes, and it has done that with UGGs and Teva sandals.
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I've long been a fan of the cozy winter footwear and was intrigued when Deckers Outdoor ( DECK ) , the maker of the boots, began popping up in our Cabot newsletters. Deckers Outdoor, a California company founded in 1973, has expanded from its roots in Teva sandals and Deckers flip-flops into a stable of global footwear brands. Deckers says that its corporate strategy is to take niche brands and turn them into global successes, and it has done that with UGGs and Teva sandals.
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You could buy DECK here and hope for the best, or you could subscribe to Cabot Top Ten Weekly to learn Mike's latest thinking on it and other leading stocks. I've long been a fan of the cozy winter footwear and was intrigued when Deckers Outdoor ( DECK ) , the maker of the boots, began popping up in our Cabot newsletters. Deckers Outdoor, a California company founded in 1973, has expanded from its roots in Teva sandals and Deckers flip-flops into a stable of global footwear brands.
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I've long been a fan of the cozy winter footwear and was intrigued when Deckers Outdoor ( DECK ) , the maker of the boots, began popping up in our Cabot newsletters. Deckers Outdoor, a California company founded in 1973, has expanded from its roots in Teva sandals and Deckers flip-flops into a stable of global footwear brands. Deckers says that its corporate strategy is to take niche brands and turn them into global successes, and it has done that with UGGs and Teva sandals.
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84534b5b-37c8-4814-8feb-08d51fd48ab9
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724831.0
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2010-12-13 00:00:00 UTC
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This Quarter's Top Performing Growth Stocks
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DECK
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https://www.nasdaq.com/articles/quarters-top-performing-growth-stocks-2010-12-13
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nan
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nan
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Compiled by Eben Esterhuizen, CFA: The following is a list of high growth stocks that have had strong returns over the last quarter. For momentum traders, this list might offer an interesting starting point.
To create the list, we started with a universe of stocks with 5-year projected EPS growth rates above 20%. We then narrowed down our universe by only focusing on the top 20 performing stocks over the last quarter.
Will these stocks continue to add to their upside momentum? What do you think? Use the links to analyze these ideas.
EPS growth projections and performance data sourced from Finviz.
Analyze These Ideas (Tools Will Open In A New Window)
1. Access a performance overview of all stocks mentioned below
2. Compare analyst ratings for the top 9 stocks mentioned below
3. Visualize returns and market caps for the top 9 stocks mentioned below
The list has been sorted by quarterly return.
1. Hypercom Corp. (HYC): Business Equipment Industry. Market cap of $484.11M. EPS growth projected at 23.33% over the next five years, with the stock gaining 140.77% over the last quarter. Short float at 2.66%, which implies a short ratio of 0.78 days. The stock has gained 183.77% over the last year.
2. Kodiak Oil & Gas Corp. (KOG): Oil & Gas Drilling & Exploration Industry. Market cap of $927.51M. EPS growth projected at 22.5% over the next five years, with the stock gaining 119.72% over the last quarter. Short float at 6.73%, which implies a short ratio of 2.83 days. The stock has gained 171.3% over the last year.
3. Western Refining Inc. (WNR): Oil & Gas Refining & Marketing Industry. Market cap of $937.75M. EPS growth projected at 50.00% over the next five years, with the stock gaining 110.71% over the last quarter. Short float at 17.4%, which implies a short ratio of 5.04 days. The stock has gained 122.18% over the last year.
4. Jazz Pharmaceuticals, Inc. (JAZZ): Biotechnology Industry. Market cap of $737.53M. EPS growth projected at 25.00% over the next five years, with the stock gaining 92.39% over the last quarter. Short float at 6.05%, which implies a short ratio of 3.12 days. The stock has gained 132.8% over the last year.
5. Monster Worldwide, Inc. (MWW): Advertising Agencies Industry. Market cap of $3.12B. EPS growth projected at 21.32% over the next five years, with the stock gaining 90.1% over the last quarter. Short float at 15.31%, which implies a short ratio of 6.09 days. The stock has gained 45.75% over the last year.
6. IMAX Corporation (IMAX): Photographic Equipment & Supplies Industry. Market cap of $1.73B. EPS growth projected at 22.54% over the next five years, with the stock gaining 87.21% over the last quarter. Short float at 7.03%, which implies a short ratio of 3.35 days. The stock has gained 130.19% over the last year.
7. 51job Inc. (JOBS): Staffing & Outsourcing Services Industry. Market cap of $1.51B. EPS growth projected at 22.00% over the next five years, with the stock gaining 86.00% over the last quarter. Short float at 3.49%, which implies a short ratio of 3.64 days. The stock has gained 187.68% over the last year.
8. Dice Holdings, Inc. (DHX): Staffing & Outsourcing Services Industry. Market cap of $840.99M. EPS growth projected at 30.00% over the next five years, with the stock gaining 82.35% over the last quarter. Short float at 0.74%, which implies a short ratio of 2.11 days. The stock has gained 124.41% over the last year.
9. OYO Geospace Corp. (OYOG): Scientific & Technical Instruments Industry. Market cap of $546.44M. EPS growth projected at 37.00% over the next five years, with the stock gaining 82.% over the last quarter. Short float at 2.56%, which implies a short ratio of 3.98 days. The stock has gained 170.35% over the last year.
10. Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. Market cap of $3.19B. EPS growth projected at 24.33% over the next five years, with the stock gaining 80.19% over the last quarter. Short float at 12.38%, which implies a short ratio of 3.03 days. The stock has gained 151.99% over the last year.
11. Theravance Inc. (THRX): Biotechnology Industry. Market cap of $2.01B. EPS growth projected at 34.7% over the next five years, with the stock gaining 79.11% over the last quarter. Short float at 12.21%, which implies a short ratio of 14.33 days. The stock has gained 104.53% over the last year.
12. Anadigics, Inc. (ANAD): Semiconductor Industry. Market cap of $513.63M. EPS growth projected at 22.5% over the next five years, with the stock gaining 76.36% over the last quarter. Short float at 7.1%, which implies a short ratio of 3.07 days. The stock has gained 118.59% over the last year.
13. Commercial Vehicle Group Inc. (CVGI): Auto Parts Industry. Market cap of $500.77M. EPS growth projected at 27.00% over the next five years, with the stock gaining 75.05% over the last quarter. Short float at 4.27%, which implies a short ratio of 5.94 days. The stock has gained 202.41% over the last year.
14. International Coal Group, Inc. (ICO): Industrial Metals & Minerals Industry. Market cap of $1.72B. EPS growth projected at 63.00% over the next five years, with the stock gaining 74.79% over the last quarter. Short float at 7.71%, which implies a short ratio of 6.23 days. The stock has gained 128.03% over the last year.
15. CEVA Inc. (CEVA): Semiconductor Industry. Market cap of $513.26M. EPS growth projected at 21.17% over the next five years, with the stock gaining 73.2% over the last quarter. Short float at 6.54%, which implies a short ratio of 4.04 days. The stock has gained 96.05% over the last year.
16. Zumiez, Inc. (ZUMZ): Apparel Stores Industry. Market cap of $920.71M. EPS growth projected at 22.44% over the next five years, with the stock gaining 72.43% over the last quarter. Short float at 15.9%, which implies a short ratio of 10.14 days. The stock has gained 156.8% over the last year.
17. Harvest Natural Resources Inc. (HNR): Independent Oil & Gas Industry. Market cap of $436.54M. EPS growth projected at 53.00% over the next five years, with the stock gaining 71.77% over the last quarter. Short float at 8.33%, which implies a short ratio of 5.55 days. The stock has gained 132.01% over the last year.
18. Virtusa Corp. (VRTU): Information Technology Services Industry. Market cap of $369.51M. EPS growth projected at 23.75% over the next five years, with the stock gaining 71.73% over the last quarter. Short float at 2.5%, which implies a short ratio of 3.57 days. The stock has gained 69.26% over the last year.
19. Caliper Life Sciences, Inc. (CALP): Scientific & Technical Instruments Industry. Market cap of $312.3M. EPS growth projected at 22.00% over the next five years, with the stock gaining 70.6% over the last quarter. Short float at 3.36%, which implies a short ratio of 7.31 days. The stock has gained 159.83% over the last year.
20. Riverbed Technology, Inc. (RVBD): Networking & Communication Devices Industry. Market cap of $5.48B. EPS growth projected at 28.00% over the next five years, with the stock gaining 68.85% over the last quarter. Short float at 8.68%, which implies a short ratio of 2.27 days. The stock has gained 268.58% over the last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. Compiled by Eben Esterhuizen, CFA: The following is a list of high growth stocks that have had strong returns over the last quarter. To create the list, we started with a universe of stocks with 5-year projected EPS growth rates above 20%.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. To create the list, we started with a universe of stocks with 5-year projected EPS growth rates above 20%. Visualize returns and market caps for the top 9 stocks mentioned below The list has been sorted by quarterly return.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. EPS growth projected at 23.33% over the next five years, with the stock gaining 140.77% over the last quarter. EPS growth projected at 22.5% over the next five years, with the stock gaining 119.72% over the last quarter.
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Deckers Outdoor Corp. (DECK): Apparel Footwear & Accessories Industry. Visualize returns and market caps for the top 9 stocks mentioned below The list has been sorted by quarterly return. Western Refining Inc. (WNR): Oil & Gas Refining & Marketing Industry.
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06cccf2a-c63b-48b6-aee0-fea2524ef5a0
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724832.0
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2010-12-03 00:00:00 UTC
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A Winning Team
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DECK
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https://www.nasdaq.com/articles/winning-team-2010-12-03
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nan
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nan
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UGG maker Deckers Outdoor ( DECK ) announced earlier this week that it's teaming up with Patriots Quarterback Tom Brady to market its famous winter boots.
Brady, who has helped the Patriots win three Super Bowls, will now help sell UGG men's footwear, outerwear and accessories product lines.
Deckers touted the campaign as a return to its roots, since UGGs were originally popular among California male surfers. (Brady is in fact from California.)
Analysts who follow the company raised their share price targets and upped earnings estimates for next year. This boost comes on the heels of Deckers beating analyst views for the latest quarter, with earnings jumping 24% and sales up 22%.
Editor Michael Cintolo recently recommended DECK in Cabot Top Ten Weekly, writing this:
"Success in retail footwear sales is largely a matter of brands, and Deckers owns three, two of which have high visibility. The company's top brand is UGG, a line of fashion boots headlined by the tan sheepskin numbers that appear everywhere from ski resorts to urban malls. Next comes Teva, an outdoor footwear company whose history began with the creation of the world's first sports sandal back in 1984. And then there's Simple, a line of sustainable shoes in simply hip styles. UGG is the big dog of the group, bringing in 70% of 2009 revenue via wholesale, and 89% if you count the 10% of revenue from direct retail and 9% from e-commerce sales. Teva contributed less than 10% and Simple kicked in about 1% for the same period. UGGs have been a hot fashion item for an unusually long time, which is a tribute to the company's care and feeding of the brand. The company's strategy of moving toward what its CEO calls an international wholesale distribution model promises higher margins and continued growth. One strong recommendation for Deckers is an unbroken string of annual earnings growth that stretches back to 2002. The stock got a boost a couple of weeks ago when it picked up coverage from another analyst."
Mike urged caution when buying the stock, saying it was overextended after a great run up. The stock has only soared more this week after the Brady announcement, but could be a good buy again once it cools off a bit. So put it on your Watch List and monitor it closely.
And for more top retail stocks, check out my issue from last weekend where I discussed 10 retail stocks for the holiday season and beyond!
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We've written extensively in Cabot Wealth Advisory (and several other Cabot newsletters) about Netflix ( NFLX ) , which has almost single-handedly revolutionized the movie rental business. From its DVD-by-mail strategy to its online streaming movie service, Netflix has put several bricks-and-mortar video rental stores out of business.
And in the future, Netflix will clearly be concentrating on its instant streaming option: It recently announced a new streaming-only plan for $7.99 a month, while at the same time increasing the cost of its existing DVD-by-mail plans.
But not all movies are available to stream and the company's DVDs still have to go through the mail, meaning that it can take days to receive the next one from your list. So what do you do when you want to watch a movie tonight? Go to your local grocery store (or even some McDonald's!) and get a movie from Redbox, which lets you to check out DVDs for only $1 per night.
The red kiosks are part of Coinstar ( CSTR ), which first had success with its coin-changing machines in grocery stores and it has now applied this strategy to movie rentals. I wrote about the stock here in June when the stock was trading around 50. It succumbed to the market's summer weakness, meandering for a few months, but picked itself back up in the fall and was recently recommended by Cabot Top Ten Weekly. Mike had this to say:
"As the movie rental chains have gone the way of the dodo bird, there are two winners left standing-Netflix, which has emerged as the go-to player in streaming content, and Coinstar, which has become the bricks-and-mortar replacement thanks to its more than 28,000 Redbox DVD rental kiosks. The company has been cranking out terrific growth for many quarters, and last week's third-quarter report revealed more of the same-sales and earnings up 43% and 74%, respectively, and cash flow improving significantly. Importantly, the company also said it's nearing a partnership to begin its own streaming service, but it's clear that Redbox (which makes up 80% of revenue and which grew 54% last quarter) is driving the bus right now. Impressively, management gave superb guidance for 2011, including earnings of $3 to $3.50 per share, and free cash flow of up to $200 million (or about $6 per share). It's a big story."
Mike says the stock is a good buy in the low 60s and we think this story has definitely got legs.
And for the latest buy, sell and hold advice from Mike, check out his Cabot Top Ten Weekly , where you'll find the latest recommendations on DECK, CSTR and other leading growth stocks.
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In this week's Stock Market Analysis Video, Cabot Market Letter Editor Mike Cintolo says that the market's uptrend continues, and it's showing signs that its three-week correction is fading. Mike touches on some market timing issues and discusses Apple ( AAPL ), Priceline ( PCLN ), Fortinet (FTNT) and Globe Speciality Metals (GSM) . Click to watch the video.
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Limited Time Offer: Order Now to Save 15%
Buy beaten down growth stocks priced under $10 in late December, and sell them a few weeks later, after their early January bounce. It's that simple! The trick is selecting the right stocks. You can try to choose them yourself, but we recommend that you rely on Cabot's 10 Favorite Low-Priced Stocks for 2011. Reply by December 12, 2010, to reserve your copy and get a 15% discount! Click to order the Special Report today.
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Until next time,
Elyse Andrews
Editor of Cabot Wealth Advisory
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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UGG maker Deckers Outdoor ( DECK ) announced earlier this week that it's teaming up with Patriots Quarterback Tom Brady to market its famous winter boots. Editor Michael Cintolo recently recommended DECK in Cabot Top Ten Weekly, writing this: "Success in retail footwear sales is largely a matter of brands, and Deckers owns three, two of which have high visibility. Deckers touted the campaign as a return to its roots, since UGGs were originally popular among California male surfers.
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Editor Michael Cintolo recently recommended DECK in Cabot Top Ten Weekly, writing this: "Success in retail footwear sales is largely a matter of brands, and Deckers owns three, two of which have high visibility. UGG maker Deckers Outdoor ( DECK ) announced earlier this week that it's teaming up with Patriots Quarterback Tom Brady to market its famous winter boots. Deckers touted the campaign as a return to its roots, since UGGs were originally popular among California male surfers.
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Editor Michael Cintolo recently recommended DECK in Cabot Top Ten Weekly, writing this: "Success in retail footwear sales is largely a matter of brands, and Deckers owns three, two of which have high visibility. And for the latest buy, sell and hold advice from Mike, check out his Cabot Top Ten Weekly , where you'll find the latest recommendations on DECK, CSTR and other leading growth stocks. UGG maker Deckers Outdoor ( DECK ) announced earlier this week that it's teaming up with Patriots Quarterback Tom Brady to market its famous winter boots.
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This boost comes on the heels of Deckers beating analyst views for the latest quarter, with earnings jumping 24% and sales up 22%. UGG maker Deckers Outdoor ( DECK ) announced earlier this week that it's teaming up with Patriots Quarterback Tom Brady to market its famous winter boots. Deckers touted the campaign as a return to its roots, since UGGs were originally popular among California male surfers.
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75c7e222-6910-4458-9baa-fbc7838e3ecc
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724833.0
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2010-06-17 00:00:00 UTC
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Stocks to Buy - 12 Apparel and Luxury Stocks Looking Good
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DECK
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https://www.nasdaq.com/articles/stocks-buy-12-apparel-and-luxury-stocks-looking-good-2010-06-17
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nan
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nan
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Retirement investors may be surprised to learn that some of the best stocks to buy right now are actually luxury stocks and consumer discretionary plays. While it's true that overall spending isn't quite as impressive as it was before the financial crisis, many luxury stocks, clothing companies and discretionary retailers are doing big business. A consumer stock that manufacturers shoes or jeans may be a perfect fit for your trading strategy .
Take Gildan Activewear ( GIL ), a Canada based clothing company that sells its goods to to screenprinters in North America and Europe. Gildan stock is up about 30% year-to-date in 2010, and has more than doubled in the last year. GIL stock continues to set new highs and shows no sign of slowing down.Whether you favor high yield dividend stocks or whether you're a more aggressive investor, you simple have to take notice that this mid cap stock is making noise right now.
Some investors think that breakneck growth like that can only be found in the best emerging markets. And while its true that BRIC investments in Brazil, India, China and Russia can have big growth they can also come with big risk. When you buy a Western company like this, you don't have to worry about foreign currency exchange rates or political unrest. You just have to focus on the sales and the profits.
Another example is Lululemon Athletica ( LULU ), a yoga-inspired apparel company that provides trendy but functional athletic clothing. LULU stock has done even better, with 47% gains since January 1 and a whopping +236% gain the last year!
And then there's one of my favorite small-cap stocks, Skechers USA ( SKX ). This fashionable footwear company caters primarily to America's biggest spending machine -- teenagers. The stock is up +43% year-to-date and is up nearly +350% in the last 12 months! (Full disclosure: I just recommended this small-cap stock to readers of my Emerging Growth newsletter)
So what gives? Why is it that discretionary stocks focused on sneakers, yoga pants and athletic socks can be doing so well if consumers are holding back on spending?
Well frankly, because clothing doesn't last. Either stuff goes out of style, your kids outgrow their shoes or you just plain wear out your wardrobe. Consumers can only put off their spending for so long. Equally important is that many of the apparel stocks I'm watching right now cater to the upper echelon of consumers who just plain haven't been hurt by the recession - or at least want to keep up appearances.
Take Joes Jeans ( JOEZ ), a company that sells premium jeans for a few hundred dollars as well as pricey shoes, jackets and accessories. Not exactly a retail play for the recession, right? Well JOEZ stock is up +70% in 2010 so far and has tripled in the past year. So much for a lack of consumer spending! What's more, Joes Jeans has a PE ratio in the single digits right now, indiciating this stock is far from overbought.
And don't think that a rising tide will lift all boats in the clothing and luxury goods sector. The bottom line is that some companies are indeed struggling because they fail to connect with consumers, whether about the price point of their products or because of bad taste.
That's another reason I'm so bullish on Skechers USA. The billion-dollar-plus company offers 3,000 styles of trendy footwear in all different shapes and sizes for men, women and children. And recently, the company announced that it will begin producing a new line of Skechers-branded backpacks, messenger bags and totes. Skechers expects the bags to hit store shelves this fall - just in time for school. This stock clearly isn't resting on its laurels and wants to keep the momentum going.
If you're shopping for a clothing or luxury stock to diversify your portfolio, here are my 12 favorites right now as identified by my stock rating database, Portfolio Grader:
A simple trading strategy is to follow the money -- and many of these stocks have doubled in the last year. That means if you're a momentum investor or you place a premium on growth instead of PE ratios , these stocks may be right for you.
Full disclosure: As of this writing, Louis Navellier was recommending Skechers in his Emerging Growthnewsletter.
About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell."Portfolio Grader's stock data is free and open to the public and can be accessed online here.
Related Articles:
Apple iPhone 4 to Debut at Walmart
BRIC funds investing - Why Brazil is better than China, India and Russia
Stocks to Buy - 3 Small Cap Semiconductor Standouts (CREE, VLTR, ISSI)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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While it's true that overall spending isn't quite as impressive as it was before the financial crisis, many luxury stocks, clothing companies and discretionary retailers are doing big business. Equally important is that many of the apparel stocks I'm watching right now cater to the upper echelon of consumers who just plain haven't been hurt by the recession - or at least want to keep up appearances. About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies.
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And while its true that BRIC investments in Brazil, India, China and Russia can have big growth they can also come with big risk. Take Joes Jeans ( JOEZ ), a company that sells premium jeans for a few hundred dollars as well as pricey shoes, jackets and accessories. If you're shopping for a clothing or luxury stock to diversify your portfolio, here are my 12 favorites right now as identified by my stock rating database, Portfolio Grader: A simple trading strategy is to follow the money -- and many of these stocks have doubled in the last year.
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Retirement investors may be surprised to learn that some of the best stocks to buy right now are actually luxury stocks and consumer discretionary plays. GIL stock continues to set new highs and shows no sign of slowing down.Whether you favor high yield dividend stocks or whether you're a more aggressive investor, you simple have to take notice that this mid cap stock is making noise right now. If you're shopping for a clothing or luxury stock to diversify your portfolio, here are my 12 favorites right now as identified by my stock rating database, Portfolio Grader: A simple trading strategy is to follow the money -- and many of these stocks have doubled in the last year.
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While it's true that overall spending isn't quite as impressive as it was before the financial crisis, many luxury stocks, clothing companies and discretionary retailers are doing big business. Gildan stock is up about 30% year-to-date in 2010, and has more than doubled in the last year. Why is it that discretionary stocks focused on sneakers, yoga pants and athletic socks can be doing so well if consumers are holding back on spending?
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8b376723-9486-455e-bb90-dd69cc09c11d
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724834.0
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2010-05-10 00:00:00 UTC
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Retail Stock Upgrades, Downgrades (M, KSS, HD, JWN, URBN, RL, GPS)
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DECK
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https://www.nasdaq.com/articles/retail-stock-upgrades-downgrades-m-kss-hd-jwn-urbn-rl-gps-2010-05-10
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nan
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nan
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Stock upgrades and stock downgrades in the retail sector indicate and improving sales environment, according to investment adviser Louis Navellier. The renowned growth stock investor has upgraded 18 major retailers this week including Macy's Inc. (NYSE: M ), Kohl's Corp. (NYSE: KSS ), The Home Depot Inc. (NYSE: HD ), Nordstrom Inc . (NYSE: JWN ), Urban Outfitters Inc. (NASDAQ: URBN ) and Polo Ralph Lauren Corp. (NYSE: RL ) in his proprietary database of about 5,000 leading publicly traded stocks. Navellier downgraded only two retail stocks this week, Gap Inc. (NYSE: GPS ) and Luxottica Group SpA (NYSE: LUX ).
Macy's Inc. (NYSE: M ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week in Louis Navellier's Portfolio Grader stock ranking database. Recent sales for M stock show that the combined March/April period increased 6.1%.
Discount department store owner Kohl's Corp. (NYSE: KSS ) boosted its first-quarter outlook last week as revenue climbs faster than expected. As a result, KSS stock was upgraded from a C grade or "Hold" this week from a D grade or "Sell" in last week's Portfolio Grader rankings.
Dow Jones Industrial Average component The Home Depot Inc. (NYSE: HD ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week. HD stock announced last week that it is creating more than 300 jobs with the opening of a new distribution center in Ohio.
Last week, Nordstrom Inc . (NYSE: JWN ), reported a 7.5 percent increase in same-store sales for the four-week period ended May 1, 2010 compared with the four-week period ended May 2, 2009. Those strong sales for JWN stock resulted in an upgrade from Louis Navellier, from a C grade or "Hold" last week to a B grade or "Buy" this week.
Urban Outfitters Inc. (NASDAQ: URBN ) was upgraded from a B grade last week to Portfolio Grader's highest ranking of an A or "strong buy" this week. That's because last week URBN stock reported first quarter earnings that included an 11% jump in revenue.
Here's a complete list of this week's Portfolio Grader stock upgrades and stock downgrades for the week of May 10, 2010:
According to a retail sales report last week, wet weather in April combined with an earlier Easter and one less shopping day conspired to reduce sales for the month for most retailers. However, some major retailers still projected a profitable quarter as they have been able to stem discounting and work through inventories. Among the April retail sales winners were Costco Wholesale Corp. (NASDAQ: COST ), Limited Brands Inc. (NYSE: LTD ) and The TJX Companies Inc. (NYSE: TJX ).
About Portfolio Grader: Every Sunday, renowned growth stock adviser Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." Portfolio Grader's stock data is free and open to the public, and can be accessed online here .
More Portfolio Grader stock analysis:
5/3 Media Stock Upgrades, Downgrades - SIRI, SNI, TWX, TV, CVC, BSY, IPG, MORN
4/26: Goldman Sparks Financial Stock Upgrades, Downgrades - BAC, BAM, WFC, UBS, CS, GS
12 Hi-Tech Penny Stocks to Buy - LSCC, LTXC, TSEM, MTSN, CNXT, ACLS
4/19 small cap stock upgrades: ALTR, HCBK, GOLD, WAT, PRE, MXIM (click for complete list of stocks to buy)
4/19 large cap stock upgrades: BA, BP, CS (click for complete list of stocks to buy)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Discount department store owner Kohl's Corp. (NYSE: KSS ) boosted its first-quarter outlook last week as revenue climbs faster than expected. HD stock announced last week that it is creating more than 300 jobs with the opening of a new distribution center in Ohio. About Portfolio Grader: Every Sunday, renowned growth stock adviser Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies.
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The renowned growth stock investor has upgraded 18 major retailers this week including Macy's Inc. (NYSE: M ), Kohl's Corp. (NYSE: KSS ), The Home Depot Inc. (NYSE: HD ), Nordstrom Inc . Macy's Inc. (NYSE: M ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week in Louis Navellier's Portfolio Grader stock ranking database. More Portfolio Grader stock analysis: 5/3 Media Stock Upgrades, Downgrades - SIRI, SNI, TWX, TV, CVC, BSY, IPG, MORN 4/26: Goldman Sparks Financial Stock Upgrades, Downgrades - BAC, BAM, WFC, UBS, CS, GS 12 Hi-Tech Penny Stocks to Buy - LSCC, LTXC, TSEM, MTSN, CNXT, ACLS 4/19 small cap stock upgrades: ALTR, HCBK, GOLD, WAT, PRE, MXIM (click for complete list of stocks to buy) 4/19 large cap stock upgrades: BA, BP, CS (click for complete list of stocks to buy) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Macy's Inc. (NYSE: M ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week in Louis Navellier's Portfolio Grader stock ranking database. Here's a complete list of this week's Portfolio Grader stock upgrades and stock downgrades for the week of May 10, 2010: According to a retail sales report last week, wet weather in April combined with an earlier Easter and one less shopping day conspired to reduce sales for the month for most retailers. More Portfolio Grader stock analysis: 5/3 Media Stock Upgrades, Downgrades - SIRI, SNI, TWX, TV, CVC, BSY, IPG, MORN 4/26: Goldman Sparks Financial Stock Upgrades, Downgrades - BAC, BAM, WFC, UBS, CS, GS 12 Hi-Tech Penny Stocks to Buy - LSCC, LTXC, TSEM, MTSN, CNXT, ACLS 4/19 small cap stock upgrades: ALTR, HCBK, GOLD, WAT, PRE, MXIM (click for complete list of stocks to buy) 4/19 large cap stock upgrades: BA, BP, CS (click for complete list of stocks to buy) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The renowned growth stock investor has upgraded 18 major retailers this week including Macy's Inc. (NYSE: M ), Kohl's Corp. (NYSE: KSS ), The Home Depot Inc. (NYSE: HD ), Nordstrom Inc . Macy's Inc. (NYSE: M ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week in Louis Navellier's Portfolio Grader stock ranking database. Here's a complete list of this week's Portfolio Grader stock upgrades and stock downgrades for the week of May 10, 2010: According to a retail sales report last week, wet weather in April combined with an earlier Easter and one less shopping day conspired to reduce sales for the month for most retailers.
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c4119873-00a9-49a2-8e41-5c936e753e0c
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724835.0
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2010-04-21 00:00:00 UTC
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Inside the Numbers: Small-Cap Stocks Poised to Pop
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DECK
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https://www.nasdaq.com/articles/inside-numbers-small-cap-stocks-poised-pop-2010-04-21
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nan
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nan
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Fact: The S&P 500 is up more than +68% since the lows of March 2009. In light of this bit of information, it might be tempting for investors to become discouraged. After all, how much farther can the market rise?
But looking at the past will only get you so far. What we're looking for are tomorrow's winners. And if we only stick with the "big dogs" on Wall Street, then we'll miss out on one of the market's most potentially lucrative spaces.
I'm talking, of course, about small-capitalization stocks.
In general, the market-cap range for small-cap stocks is considered to be between $150 million and $2 billion. It's easy to understand why some might be leery about these stocks -- a small, upstart company doesn't get the same amount of press that, say, Apple (Nasdaq: AAPL) or Wal-Mart ( WMT ) does. Fewer analysts follow small caps, and share prices can also be more volatile than larger stocks -- but that isn't always a bad thing.
Don't forget, Apple was once a small company, too. In fact, it was co-founder Steve Wozniak who built the first Apple computer by hand. And before Wal-Mart became the world's largest public company by revenue, founder Sam Walton's first store was called "Walton's Five and Dime."
The point is, every successful company has humble beginnings. We aren't quite looking for companies in their infancy, mind you. But the earlier you can get in as an investor, the better. The goal of today's Inside the Numbers isn't necessarily to find the next Apple or Wal-Mart (although that would be nice), but rather to find small, established, financially healthy companies that are poised for substantial growth in the years ahead.
StreetAuthority's research team got to work looking for small-cap winners using the following criteria:
Companies operating in the United States
Market cap between $150 and $2 billion
Price/Earnings-to-growth ratio ( PEG ) ratio below 1.0
Operating margins above 20%
Profitable last quarter and on a trailing twelve-month basis
It's important to note that we narrowed our search down to small caps with PEGs below 1.0. This way, we're not paying an excess premium for growth -- we're actually getting a discount. Operating margins and profitability are important, too: we want small-cap companies that have already staked their claim and are just beginning to enter their prime.
Here's what we found:
All of the stocks in the table above make for compelling candidates worth investigating further, but let's take a look at a few of the standouts:
-- Deckers Outdoor (Nasdaq: DECK) makes active wear and casual shoes. Its flagship line, UGGS Australia is responsible for about 85% of revenue. UGGS makes comfortable, casual (and pricey) sheepskin boots that can be worn throughout the year. Chances are, you've seen a few Hollywood starlets sport the boots when they're snapped by the paparazzi -- or at the very least your wife, girlfriend or daughter is familiar with the brand.
There are a number of factors that make Deckers shares interesting: The stock trades for 15 times earnings, compared with an industry average of 29. Analysts expect the company to grow earnings more than +22% in the next five years. The stock could represent a solid growth bargain.
-- True Religion (Nasdaq: TRLG) is another fashion brand. The company makes premium (read: expensive) jeans and casual wear sold in department stores and boutiques. Retailers were hit hard during the downturn, but you wouldn't know it by looking at True Religion's stock price, which has almost doubled in the past year. Earnings have been solid and analysts expect the company to continue to grow, yet investors are only assigning it a PEG of just under 0.5.
-- Impax Labratories (Nasdaq: IPXL) is a generic drug maker specializing in controlled release medicines. I've made the bullish case for generic drug makers before, and it's the same for Impax: An aging population, plus more insured people, plus the impending patent cliff, plus an emphasis on controlling costs all equal more money spent on generic drugs.
Impax markets a generic version of the attention deficit disorder drug Adderall XR and, in March, received approval from the Food and Drug Administration to market its generic version of the blockbuster drug Flomax, which treats enlarged prostates.
Aside from long-term trends, the company has another factor working in its favor: size. It's just large enough to compete with the name-brand drug giants, but small enough to where it's still generating top-line growth with each new drug. And if that weren't enough, Big Pharma and large generic competitors like Teva Pharmaceuticals ( TEVA ) have been on a buying spree lately. With each new Impax generic drug threatening to dethrone a blockbuster coming off patent protection, the company becomes more and more enticing as a takeover target.
Analyst estimates were blown away when fourth-quarter sales grew by more than +400% from a year earlier to $176 million, while earnings grew by more than +300%. to $38 million. The company reports 2010's first-quarter earnings on May 4th -- don't be surprised to see more big numbers.
Brad Briggs
Staff Writer
StreetAuthority
Disclosure: Brad Briggs does not own shares of any security mentioned in this article.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here's what we found: All of the stocks in the table above make for compelling candidates worth investigating further, but let's take a look at a few of the standouts: -- Deckers Outdoor (Nasdaq: DECK) makes active wear and casual shoes. There are a number of factors that make Deckers shares interesting: The stock trades for 15 times earnings, compared with an industry average of 29. It's easy to understand why some might be leery about these stocks -- a small, upstart company doesn't get the same amount of press that, say, Apple (Nasdaq: AAPL) or Wal-Mart ( WMT ) does.
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Here's what we found: All of the stocks in the table above make for compelling candidates worth investigating further, but let's take a look at a few of the standouts: -- Deckers Outdoor (Nasdaq: DECK) makes active wear and casual shoes. There are a number of factors that make Deckers shares interesting: The stock trades for 15 times earnings, compared with an industry average of 29. StreetAuthority's research team got to work looking for small-cap winners using the following criteria: Companies operating in the United States Market cap between $150 and $2 billion Price/Earnings-to-growth ratio ( PEG ) ratio below 1.0 Operating margins above 20% Profitable last quarter and on a trailing twelve-month basis It's important to note that we narrowed our search down to small caps with PEGs below 1.0.
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Here's what we found: All of the stocks in the table above make for compelling candidates worth investigating further, but let's take a look at a few of the standouts: -- Deckers Outdoor (Nasdaq: DECK) makes active wear and casual shoes. There are a number of factors that make Deckers shares interesting: The stock trades for 15 times earnings, compared with an industry average of 29. The goal of today's Inside the Numbers isn't necessarily to find the next Apple or Wal-Mart (although that would be nice), but rather to find small, established, financially healthy companies that are poised for substantial growth in the years ahead.
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Here's what we found: All of the stocks in the table above make for compelling candidates worth investigating further, but let's take a look at a few of the standouts: -- Deckers Outdoor (Nasdaq: DECK) makes active wear and casual shoes. There are a number of factors that make Deckers shares interesting: The stock trades for 15 times earnings, compared with an industry average of 29. Don't forget, Apple was once a small company, too.
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b8cd2004-f4ad-464c-8c33-d5eeea8e0845
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724836.0
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2023-12-16 11:00:00 UTC
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First Week of February 2024 Options Trading For Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/first-week-of-february-2024-options-trading-for-douglas-emmett-dei
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nan
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nan
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading this week, for the February 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new February 2024 contracts and identified one put and one call contract of particular interest.
The put contract at the $15.00 strike price has a current bid of 80 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $15.00, but will also collect the premium, putting the cost basis of the shares at $14.20 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $15.29/share today.
Because the $15.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 58%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 5.33% return on the cash commitment, or 32.44% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Douglas Emmett Inc, and highlighting in green where the $15.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $17.50 strike price has a current bid of 20 cents. If an investor was to purchase shares of DEI stock at the current price level of $15.29/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $17.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 15.76% if the stock gets called away at the February 2024 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DEI shares really soar, which is why looking at the trailing twelve month trading history for Douglas Emmett Inc, as well as studying the business fundamentals becomes important. Below is a chart showing DEI's trailing twelve month trading history, with the $17.50 strike highlighted in red:
Considering the fact that the $17.50 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 73%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.31% boost of extra return to the investor, or 7.96% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 51%, while the implied volatility in the call contract example is 48%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 250 trading day closing values as well as today's price of $15.29) to be 47%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the REITs »
Also see:
Business Development Company List
Funds Holding GPMT
ROCK Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Of course, a lot of upside could potentially be left on the table if DEI shares really soar, which is why looking at the trailing twelve month trading history for Douglas Emmett Inc, as well as studying the business fundamentals becomes important. Below is a chart showing DEI's trailing twelve month trading history, with the $17.50 strike highlighted in red: Considering the fact that the $17.50 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading this week, for the February 2024 expiration.
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Below is a chart showing DEI's trailing twelve month trading history, with the $17.50 strike highlighted in red: Considering the fact that the $17.50 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading this week, for the February 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new February 2024 contracts and identified one put and one call contract of particular interest.
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Below is a chart showing DEI's trailing twelve month trading history, with the $17.50 strike highlighted in red: Considering the fact that the $17.50 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading this week, for the February 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new February 2024 contracts and identified one put and one call contract of particular interest.
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At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new February 2024 contracts and identified one put and one call contract of particular interest. Below is a chart showing DEI's trailing twelve month trading history, with the $17.50 strike highlighted in red: Considering the fact that the $17.50 strike represents an approximate 14% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading this week, for the February 2024 expiration.
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1f7359f4-0bac-45b9-8de7-e0826a56c7fc
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724837.0
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2023-12-04 00:00:00 UTC
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Douglas Emmett Reaches Analyst Target Price
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-reaches-analyst-target-price-0
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nan
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nan
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $12.71, changing hands for $13.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 12 different analyst targets within the Zacks coverage universe contributing to that average for Douglas Emmett Inc, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $9.00. And then on the other side of the spectrum one analyst has a target as high as $16.00. The standard deviation is $1.888.
But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DEI crossing above that average target price of $12.71/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $12.71 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Douglas Emmett Inc:
RECENT DEI ANALYST RATINGS BREAKDOWN
» Current 1 Month Ago 2 Month Ago 3 Month Ago
Strong buy ratings: 2 2 2 3
Buy ratings: 1 1 1 1
Hold ratings: 7 7 7 4
Sell ratings: 2 2 2 2
Strong sell ratings: 1 1 1 1
Average rating: 2.92 2.92 2.92 2.73
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DEI — FREE.
The Top 25 Broker Analyst Picks of the S&P 500 »
Also see:
Institutional Holders of MEAR
CFBK Videos
ESS Stock Predictions
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $12.71, changing hands for $13.55/share. And so with DEI crossing above that average target price of $12.71/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $12.71 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $12.71, changing hands for $13.55/share. But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DEI crossing above that average target price of $12.71/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $12.71 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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And so with DEI crossing above that average target price of $12.71/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $12.71 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $12.71, changing hands for $13.55/share. But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $12.71, changing hands for $13.55/share. And so with DEI crossing above that average target price of $12.71/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $12.71 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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ed03f153-68a3-4815-a42b-5bcd566df19b
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724838.0
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2023-11-18 00:00:00 UTC
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DEI Quantitative Stock Analysis
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DEI
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https://www.nasdaq.com/articles/dei-quantitative-stock-analysis
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nan
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nan
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown.
DOUGLAS EMMETT INC (DEI) is a small-cap growth stock in the Real Estate Operations industry. The rating using this strategy is 70% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
UNIVERSE: PASS
NET PAYOUT YIELD: PASS
QUALITY AND DEBT: FAIL
VALUATION: PASS
RELATIVE STRENGTH: PASS
SHAREHOLDER YIELD: FAIL
Detailed Analysis of DOUGLAS EMMETT INC
DEI Guru Analysis
DEI Fundamental Analysis
More Information on Meb Faber
Meb Faber Portfolio
About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics.
Additional Research Links
Top NASDAQ 100 Stocks
Factor-Based ETF Portfolios
Harry Browne Permanent Portfolio
Ray Dalio All Weather Portfolio
High Shareholder Yield Stocks
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DOUGLAS EMMETT INC (DEI) is a small-cap growth stock in the Real Estate Operations industry. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI).
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Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments.
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4b9c751a-eb2a-485a-95e6-f32eecc9a1ca
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724839.0
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2023-11-16 00:00:00 UTC
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July 2024 Options Now Available For Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/july-2024-options-now-available-for-douglas-emmett-dei
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nan
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nan
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading today, for the July 2024 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 246 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new July 2024 contracts and identified one put and one call contract of particular interest.
The put contract at the $7.50 strike price has a current bid of 10 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $7.50, but will also collect the premium, putting the cost basis of the shares at $7.40 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $11.74/share today.
Because the $7.50 strike represents an approximate 36% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.33% return on the cash commitment, or 1.98% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Douglas Emmett Inc, and highlighting in green where the $7.50 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $12.50 strike price has a current bid of 20 cents. If an investor was to purchase shares of DEI stock at the current price level of $11.74/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $12.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 8.18% if the stock gets called away at the July 2024 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DEI shares really soar, which is why looking at the trailing twelve month trading history for Douglas Emmett Inc, as well as studying the business fundamentals becomes important. Below is a chart showing DEI's trailing twelve month trading history, with the $12.50 strike highlighted in red:
Considering the fact that the $12.50 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.70% boost of extra return to the investor, or 2.53% annualized, which we refer to as the YieldBoost.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $11.74) to be 45%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the REITs »
Also see:
Funds Holding LNGR
Top Ten Hedge Funds Holding BOB
WDS Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Of course, a lot of upside could potentially be left on the table if DEI shares really soar, which is why looking at the trailing twelve month trading history for Douglas Emmett Inc, as well as studying the business fundamentals becomes important. Below is a chart showing DEI's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading today, for the July 2024 expiration.
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Below is a chart showing DEI's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading today, for the July 2024 expiration.
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Below is a chart showing DEI's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading today, for the July 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new July 2024 contracts and identified one put and one call contract of particular interest.
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At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new July 2024 contracts and identified one put and one call contract of particular interest. Below is a chart showing DEI's trailing twelve month trading history, with the $12.50 strike highlighted in red: Considering the fact that the $12.50 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading today, for the July 2024 expiration.
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cc853595-c438-4ddd-b6b3-5a4c730a6633
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724840.0
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2023-11-14 00:00:00 UTC
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Implied VNQ Analyst Target Price: $88
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DEI
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https://www.nasdaq.com/articles/implied-vnq-analyst-target-price%3A-%2488
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Vanguard Real Estate ETF (Symbol: VNQ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $87.75 per unit.
With VNQ trading at a recent price near $74.96 per unit, that means that analysts see 17.06% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of VNQ's underlying holdings with notable upside to their analyst target prices are NetSTREIT Corp (Symbol: NTST), Douglas Emmett Inc (Symbol: DEI), and Gladstone Commercial Corp (Symbol: GOOD). Although NTST has traded at a recent price of $15.02/share, the average analyst target is 23.00% higher at $18.48/share. Similarly, DEI has 22.61% upside from the recent share price of $10.84 if the average analyst target price of $13.29/share is reached, and analysts on average are expecting GOOD to reach a target price of $14.33/share, which is 19.64% above the recent price of $11.98. Below is a twelve month price history chart comparing the stock performance of NTST, DEI, and GOOD:
Below is a summary table of the current analyst target prices discussed above:
NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET
Vanguard Real Estate ETF VNQ $74.96 $87.75 17.06%
NetSTREIT Corp NTST $15.02 $18.48 23.00%
Douglas Emmett Inc DEI $10.84 $13.29 22.61%
Gladstone Commercial Corp GOOD $11.98 $14.33 19.64%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
Also see:
PFF Historical Stock Prices
CENN Options Chain
ACTC Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Vanguard Real Estate ETF VNQ $74.96 $87.75 17.06% NetSTREIT Corp NTST $15.02 $18.48 23.00% Douglas Emmett Inc DEI $10.84 $13.29 22.61% Gladstone Commercial Corp GOOD $11.98 $14.33 19.64% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of VNQ's underlying holdings with notable upside to their analyst target prices are NetSTREIT Corp (Symbol: NTST), Douglas Emmett Inc (Symbol: DEI), and Gladstone Commercial Corp (Symbol: GOOD). Similarly, DEI has 22.61% upside from the recent share price of $10.84 if the average analyst target price of $13.29/share is reached, and analysts on average are expecting GOOD to reach a target price of $14.33/share, which is 19.64% above the recent price of $11.98.
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Three of VNQ's underlying holdings with notable upside to their analyst target prices are NetSTREIT Corp (Symbol: NTST), Douglas Emmett Inc (Symbol: DEI), and Gladstone Commercial Corp (Symbol: GOOD). Similarly, DEI has 22.61% upside from the recent share price of $10.84 if the average analyst target price of $13.29/share is reached, and analysts on average are expecting GOOD to reach a target price of $14.33/share, which is 19.64% above the recent price of $11.98. Vanguard Real Estate ETF VNQ $74.96 $87.75 17.06% NetSTREIT Corp NTST $15.02 $18.48 23.00% Douglas Emmett Inc DEI $10.84 $13.29 22.61% Gladstone Commercial Corp GOOD $11.98 $14.33 19.64% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Similarly, DEI has 22.61% upside from the recent share price of $10.84 if the average analyst target price of $13.29/share is reached, and analysts on average are expecting GOOD to reach a target price of $14.33/share, which is 19.64% above the recent price of $11.98. Three of VNQ's underlying holdings with notable upside to their analyst target prices are NetSTREIT Corp (Symbol: NTST), Douglas Emmett Inc (Symbol: DEI), and Gladstone Commercial Corp (Symbol: GOOD). Below is a twelve month price history chart comparing the stock performance of NTST, DEI, and GOOD: Below is a summary table of the current analyst target prices discussed above:
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Vanguard Real Estate ETF VNQ $74.96 $87.75 17.06% NetSTREIT Corp NTST $15.02 $18.48 23.00% Douglas Emmett Inc DEI $10.84 $13.29 22.61% Gladstone Commercial Corp GOOD $11.98 $14.33 19.64% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of VNQ's underlying holdings with notable upside to their analyst target prices are NetSTREIT Corp (Symbol: NTST), Douglas Emmett Inc (Symbol: DEI), and Gladstone Commercial Corp (Symbol: GOOD). Similarly, DEI has 22.61% upside from the recent share price of $10.84 if the average analyst target price of $13.29/share is reached, and analysts on average are expecting GOOD to reach a target price of $14.33/share, which is 19.64% above the recent price of $11.98.
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1ab97c43-9e0a-433f-b385-546b0bf1fc21
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724841.0
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2023-10-31 00:00:00 UTC
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Douglas Emmett (DEI) Reports Q3 Earnings: What Key Metrics Have to Say
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-reports-q3-earnings%3A-what-key-metrics-have-to-say
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nan
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nan
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For the quarter ended September 2023, Douglas Emmett (DEI) reported revenue of $255.41 million, up 0.7% over the same period last year. EPS came in at $0.45, compared to $0.13 in the year-ago quarter.
The reported revenue represents a surprise of +1.69% over the Zacks Consensus Estimate of $251.17 million. With the consensus EPS estimate being $0.44, the EPS surprise was +2.27%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Douglas Emmett performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Total office revenues: $208.82 million versus $203.07 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.4% change.
Revenues- Total multifamily revenues: $46.59 million compared to the $47.18 million average estimate based on three analysts. The reported number represents a change of +1.9% year over year.
Revenues- Office rental- Parking and other income: $27.72 million compared to the $27.56 million average estimate based on two analysts. The reported number represents a change of +7% year over year.
Revenues- Multifamily rental- Rental revenues: $42.86 million compared to the $42.82 million average estimate based on two analysts. The reported number represents a change of +4.4% year over year.
Revenues- Office rental- Rental revenues and tenant recoveries: $181.11 million versus $177.18 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.5% change.
Revenues- Multifamily rental- Parking and other income: $3.72 million compared to the $4.14 million average estimate based on two analysts. The reported number represents a change of -20.5% year over year.
Net Earnings Per Share (Diluted): -$0.08 versus the six-analyst average estimate of -$0.08.
View all Key Company Metrics for Douglas Emmett here>>>
Shares of Douglas Emmett have returned -8.8% over the past month versus the Zacks S&P 500 composite's -2.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For the quarter ended September 2023, Douglas Emmett (DEI) reported revenue of $255.41 million, up 0.7% over the same period last year. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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For the quarter ended September 2023, Douglas Emmett (DEI) reported revenue of $255.41 million, up 0.7% over the same period last year. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Douglas Emmett performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Total office revenues: $208.82 million versus $203.07 million estimated by three analysts on average.
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For the quarter ended September 2023, Douglas Emmett (DEI) reported revenue of $255.41 million, up 0.7% over the same period last year. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Douglas Emmett performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Total office revenues: $208.82 million versus $203.07 million estimated by three analysts on average.
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For the quarter ended September 2023, Douglas Emmett (DEI) reported revenue of $255.41 million, up 0.7% over the same period last year. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. The reported revenue represents a surprise of +1.69% over the Zacks Consensus Estimate of $251.17 million.
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cab35fe7-50d4-4bdb-96bd-1fa3190e83e7
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724842.0
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2023-10-26 00:00:00 UTC
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Cousins Properties (CUZ) Q3 FFO Match Estimates
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DEI
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https://www.nasdaq.com/articles/cousins-properties-cuz-q3-ffo-match-estimates
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nan
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nan
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Cousins Properties (CUZ) came out with quarterly funds from operations (FFO) of $0.65 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.69 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this real estate company would post FFO of $0.66 per share when it actually produced FFO of $2.75, delivering a surprise of 316.67%.
Over the last four quarters, the company has surpassed consensus FFO estimates three times.
Cousins Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $198.43 million for the quarter ended September 2023, missing the Zacks Consensus Estimate by 2.25%. This compares to year-ago revenues of $193.46 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Cousins Properties shares have lost about 30.4% since the beginning of the year versus the S&P 500's gain of 9%.
What's Next for Cousins Properties?
While Cousins Properties has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Cousins Properties: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.65 on $202.26 million in revenues for the coming quarter and $2.62 on $809.57 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2023. The results are expected to be released on October 31.
This real estate investment trust is expected to post quarterly earnings of $0.44 per share in its upcoming report, which represents a year-over-year change of -13.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Douglas Emmett's revenues are expected to be $251.17 million, down 1% from the year-ago quarter.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Cousins Properties Incorporated (CUZ) : Free Stock Analysis Report
Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2023. Click to get this free report Cousins Properties Incorporated (CUZ) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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Click to get this free report Cousins Properties Incorporated (CUZ) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2023. Cousins Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $198.43 million for the quarter ended September 2023, missing the Zacks Consensus Estimate by 2.25%.
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Click to get this free report Cousins Properties Incorporated (CUZ) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2023. Cousins Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $198.43 million for the quarter ended September 2023, missing the Zacks Consensus Estimate by 2.25%.
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Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2023. Click to get this free report Cousins Properties Incorporated (CUZ) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Cousins Properties (CUZ) came out with quarterly funds from operations (FFO) of $0.65 per share, in line with the Zacks Consensus Estimate.
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7ed3edba-89f4-43d3-8ba7-9c798da168ea
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724843.0
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2023-10-03 00:00:00 UTC
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Wedbush Initiates Coverage of Douglas Emmett (DEI) with Neutral Recommendation
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DEI
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https://www.nasdaq.com/articles/wedbush-initiates-coverage-of-douglas-emmett-dei-with-neutral-recommendation
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nan
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nan
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Fintel reports that on October 3, 2023, Wedbush initiated coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation.
Analyst Price Forecast Suggests 13.15% Upside
As of August 31, 2023, the average one-year price target for Douglas Emmett is 13.97. The forecasts range from a low of 10.10 to a high of $16.80. The average price target represents an increase of 13.15% from its latest reported closing price of 12.35.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is 1,048MM, an increase of 3.63%. The projected annual non-GAAP EPS is 0.52.
Douglas Emmett Declares $0.19 Dividend
On September 8, 2023 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of September 29, 2023 will receive the payment on October 17, 2023. Previously, the company paid $0.19 per share.
At the current share price of $12.35 / share, the stock's dividend yield is 6.15%.
Looking back five years and taking a sample every week, the average dividend yield has been 3.88%, the lowest has been 2.35%, and the highest has been 7.06%. The standard deviation of yields is 1.27 (n=236).
The current dividend yield is 1.80 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 2.17. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
What is the Fund Sentiment?
There are 580 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 28 owner(s) or 4.61% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.12%, an increase of 11.48%. Total shares owned by institutions increased in the last three months by 8.83% to 221,221K shares.
The put/call ratio of DEI is 7.85, indicating a bearish outlook.
What are Other Shareholders Doing?
First Eagle Investment Management holds 13,923K shares representing 8.35% ownership of the company. In it's prior filing, the firm reported owning 13,869K shares, representing an increase of 0.39%. The firm decreased its portfolio allocation in DEI by 1.07% over the last quarter.
SGENX - First Eagle Global Fund holds 9,162K shares representing 5.49% ownership of the company. No change in the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,404K shares representing 4.44% ownership of the company. In it's prior filing, the firm reported owning 7,727K shares, representing a decrease of 4.35%. The firm increased its portfolio allocation in DEI by 7.02% over the last quarter.
Price T Rowe Associates holds 7,296K shares representing 4.38% ownership of the company. In it's prior filing, the firm reported owning 7,156K shares, representing an increase of 1.92%. The firm increased its portfolio allocation in DEI by 118.28% over the last quarter.
Wellington Management Group Llp holds 7,254K shares representing 4.35% ownership of the company. In it's prior filing, the firm reported owning 7,207K shares, representing an increase of 0.65%. The firm decreased its portfolio allocation in DEI by 2.08% over the last quarter.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
Click to Learn More
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Fintel reports that on October 3, 2023, Wedbush initiated coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, an increase of 11.48%.
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Fintel reports that on October 3, 2023, Wedbush initiated coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, an increase of 11.48%. The put/call ratio of DEI is 7.85, indicating a bearish outlook.
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Fintel reports that on October 3, 2023, Wedbush initiated coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, an increase of 11.48%. The put/call ratio of DEI is 7.85, indicating a bearish outlook.
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Fintel reports that on October 3, 2023, Wedbush initiated coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, an increase of 11.48%. The put/call ratio of DEI is 7.85, indicating a bearish outlook.
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00226857-3094-496c-8a62-92f78a5cf2b4
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724844.0
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2023-09-26 00:00:00 UTC
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Douglas Emmett (DEI) Passes Through 6% Yield Mark
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-passes-through-6-yield-mark-0
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $12.48 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 6% would appear considerably attractive if that yield is sustainable. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 6% annual yield.
Free Report: Top 8%+ Dividends (paid monthly)
Click here to find out which 9 other dividend stocks just recently went on sale »
Also see:
CZR YTD Return
Institutional Holders of JBJ
Institutional Holders of Berkley
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $12.48 on the day. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 6% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $12.48 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 6% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $12.48 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 6% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 6% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $12.48 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 6% annual yield.
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b316fcd5-d738-4216-bcff-de890ff0a396
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724845.0
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2023-09-26 00:00:00 UTC
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Ex-Dividend Reminder: Douglas Emmett, Apollo Commercial Real Estate Finance and EastGroup Properties
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder%3A-douglas-emmett-apollo-commercial-real-estate-finance-and-eastgroup
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel, on 9/28/23, Douglas Emmett Inc (Symbol: DEI), Apollo Commercial Real Estate Finance Inc. (Symbol: ARI), and EastGroup Properties Inc (Symbol: EGP) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc will pay its quarterly dividend of $0.19 on 10/17/23, Apollo Commercial Real Estate Finance Inc. will pay its quarterly dividend of $0.35 on 10/13/23, and EastGroup Properties Inc will pay its quarterly dividend of $1.27 on 10/13/23. As a percentage of DEI's recent stock price of $12.60, this dividend works out to approximately 1.51%, so look for shares of Douglas Emmett Inc to trade 1.51% lower — all else being equal — when DEI shares open for trading on 9/28/23. Similarly, investors should look for ARI to open 3.38% lower in price and for EGP to open 0.76% lower, all else being equal.
Below are dividend history charts for DEI, ARI, and EGP, showing historical dividends prior to the most recent ones declared.
Douglas Emmett Inc (Symbol: DEI):
Apollo Commercial Real Estate Finance Inc. (Symbol: ARI):
EastGroup Properties Inc (Symbol: EGP):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 6.03% for Douglas Emmett Inc, 13.53% for Apollo Commercial Real Estate Finance Inc., and 3.03% for EastGroup Properties Inc.
In Tuesday trading, Douglas Emmett Inc shares are currently off about 1.3%, Apollo Commercial Real Estate Finance Inc. shares are off about 0.8%, and EastGroup Properties Inc shares are off about 0.8% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
MLPs Hedge Funds Are Selling
XENT shares outstanding history
Cardinal Health shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Looking at the universe of stocks we cover at Dividend Channel, on 9/28/23, Douglas Emmett Inc (Symbol: DEI), Apollo Commercial Real Estate Finance Inc. (Symbol: ARI), and EastGroup Properties Inc (Symbol: EGP) will all trade ex-dividend for their respective upcoming dividends. As a percentage of DEI's recent stock price of $12.60, this dividend works out to approximately 1.51%, so look for shares of Douglas Emmett Inc to trade 1.51% lower — all else being equal — when DEI shares open for trading on 9/28/23. Below are dividend history charts for DEI, ARI, and EGP, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel, on 9/28/23, Douglas Emmett Inc (Symbol: DEI), Apollo Commercial Real Estate Finance Inc. (Symbol: ARI), and EastGroup Properties Inc (Symbol: EGP) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc (Symbol: DEI): Apollo Commercial Real Estate Finance Inc. (Symbol: ARI): EastGroup Properties Inc (Symbol: EGP): In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of DEI's recent stock price of $12.60, this dividend works out to approximately 1.51%, so look for shares of Douglas Emmett Inc to trade 1.51% lower — all else being equal — when DEI shares open for trading on 9/28/23.
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Looking at the universe of stocks we cover at Dividend Channel, on 9/28/23, Douglas Emmett Inc (Symbol: DEI), Apollo Commercial Real Estate Finance Inc. (Symbol: ARI), and EastGroup Properties Inc (Symbol: EGP) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc (Symbol: DEI): Apollo Commercial Real Estate Finance Inc. (Symbol: ARI): EastGroup Properties Inc (Symbol: EGP): In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of DEI's recent stock price of $12.60, this dividend works out to approximately 1.51%, so look for shares of Douglas Emmett Inc to trade 1.51% lower — all else being equal — when DEI shares open for trading on 9/28/23.
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As a percentage of DEI's recent stock price of $12.60, this dividend works out to approximately 1.51%, so look for shares of Douglas Emmett Inc to trade 1.51% lower — all else being equal — when DEI shares open for trading on 9/28/23. Looking at the universe of stocks we cover at Dividend Channel, on 9/28/23, Douglas Emmett Inc (Symbol: DEI), Apollo Commercial Real Estate Finance Inc. (Symbol: ARI), and EastGroup Properties Inc (Symbol: EGP) will all trade ex-dividend for their respective upcoming dividends. Below are dividend history charts for DEI, ARI, and EGP, showing historical dividends prior to the most recent ones declared.
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cbe5daeb-6071-42bd-8a8a-cbd0380342d1
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724846.0
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2023-09-13 00:00:00 UTC
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Keybanc Initiates Coverage of Douglas Emmett (DEI) with Sector Weight Recommendation
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DEI
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https://www.nasdaq.com/articles/keybanc-initiates-coverage-of-douglas-emmett-dei-with-sector-weight-recommendation
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nan
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nan
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Fintel reports that on September 12, 2023, Keybanc initiated coverage of Douglas Emmett (NYSE:DEI) with a Sector Weight recommendation.
Analyst Price Forecast Suggests 4.13% Upside
As of August 31, 2023, the average one-year price target for Douglas Emmett is 13.97. The forecasts range from a low of 10.10 to a high of $16.80. The average price target represents an increase of 4.13% from its latest reported closing price of 13.42.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is 1,048MM, an increase of 3.63%. The projected annual non-GAAP EPS is 0.52.
What is the Fund Sentiment?
There are 561 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 73 owner(s) or 11.51% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 0.50%. Total shares owned by institutions increased in the last three months by 7.71% to 220,199K shares.
The put/call ratio of DEI is 3.80, indicating a bearish outlook.
What are Other Shareholders Doing?
First Eagle Investment Management holds 13,923K shares representing 8.35% ownership of the company. In it's prior filing, the firm reported owning 13,869K shares, representing an increase of 0.39%. The firm decreased its portfolio allocation in DEI by 1.07% over the last quarter.
SGENX - First Eagle Global Fund holds 9,162K shares representing 5.49% ownership of the company. In it's prior filing, the firm reported owning 8,215K shares, representing an increase of 10.34%. The firm decreased its portfolio allocation in DEI by 15.05% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,727K shares representing 4.63% ownership of the company. In it's prior filing, the firm reported owning 7,840K shares, representing a decrease of 1.46%. The firm decreased its portfolio allocation in DEI by 16.02% over the last quarter.
Price T Rowe Associates holds 7,296K shares representing 4.38% ownership of the company. In it's prior filing, the firm reported owning 7,156K shares, representing an increase of 1.92%. The firm increased its portfolio allocation in DEI by 118.28% over the last quarter.
Wellington Management Group Llp holds 7,254K shares representing 4.35% ownership of the company. In it's prior filing, the firm reported owning 7,207K shares, representing an increase of 0.65%. The firm decreased its portfolio allocation in DEI by 2.08% over the last quarter.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
Click to Learn More
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on September 12, 2023, Keybanc initiated coverage of Douglas Emmett (NYSE:DEI) with a Sector Weight recommendation. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 0.50%.
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Fintel reports that on September 12, 2023, Keybanc initiated coverage of Douglas Emmett (NYSE:DEI) with a Sector Weight recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 0.50%. The put/call ratio of DEI is 3.80, indicating a bearish outlook.
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Fintel reports that on September 12, 2023, Keybanc initiated coverage of Douglas Emmett (NYSE:DEI) with a Sector Weight recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 0.50%. The put/call ratio of DEI is 3.80, indicating a bearish outlook.
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Fintel reports that on September 12, 2023, Keybanc initiated coverage of Douglas Emmett (NYSE:DEI) with a Sector Weight recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 0.50%. The put/call ratio of DEI is 3.80, indicating a bearish outlook.
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109c8fbf-f49b-4e76-9f11-05ff807a96b0
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724847.0
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2023-09-11 00:00:00 UTC
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Daily Dividend Report: DEI,EG,OFLX,GE,PK
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report%3A-deiegoflxgepk
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nan
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nan
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Douglas Emmett, a real estate investment trust, announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on October 17, 2023 to shareholders of record as of September 29, 2023.
Everest Group announced that its Board of Directors declared an increase in the regular quarterly dividend from $1.65 to $1.75 per common share. This dividend will be payable on or before September 29, 2023 to all shareholders of record as of September 19, 2023.
Omega Flex today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on October 6, 2023, to shareholders of record on September 25, 2023.
The Board of Directors of GE today declared a $0.08 per share dividend on the outstanding common stock of the Company. The dividend is payable October 25, 2023, to shareholders of record at the close of business on September 26, 2023. The ex-dividend date is September 25, 2023.
Park Hotels & Resorts announced today that the Company has declared a third quarter cash dividend of $0.15 per share of common stock. The dividend will be paid in cash on October 16, 2023 to stockholders of record as of September 29, 2023.
VIDEO: Daily Dividend Report: DEI,EG,OFLX,GE,PK
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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VIDEO: Daily Dividend Report: DEI,EG,OFLX,GE,PK The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Douglas Emmett, a real estate investment trust, announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on October 17, 2023 to shareholders of record as of September 29, 2023. Omega Flex today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on October 6, 2023, to shareholders of record on September 25, 2023.
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VIDEO: Daily Dividend Report: DEI,EG,OFLX,GE,PK The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Douglas Emmett, a real estate investment trust, announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on October 17, 2023 to shareholders of record as of September 29, 2023. Omega Flex today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on October 6, 2023, to shareholders of record on September 25, 2023.
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VIDEO: Daily Dividend Report: DEI,EG,OFLX,GE,PK The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Douglas Emmett, a real estate investment trust, announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on October 17, 2023 to shareholders of record as of September 29, 2023. This dividend will be payable on or before September 29, 2023 to all shareholders of record as of September 19, 2023.
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VIDEO: Daily Dividend Report: DEI,EG,OFLX,GE,PK The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Douglas Emmett, a real estate investment trust, announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on October 17, 2023 to shareholders of record as of September 29, 2023. Omega Flex today announced that the Board of Directors declared a regular quarterly dividend of $0.33 per share payable on October 6, 2023, to shareholders of record on September 25, 2023.
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4a0ab2a0-5c16-493b-bebb-d9f4e1950225
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724848.0
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2023-08-30 00:00:00 UTC
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Douglas Emmett Breaks Above 200-Day Moving Average - Bullish for DEI
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-breaks-above-200-day-moving-average-bullish-for-dei-0
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nan
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nan
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $13.89, changing hands as high as $13.95 per share. Douglas Emmett Inc shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of DEI shares, versus its 200 day moving average:
Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $22.31 as the 52 week high point — that compares with a last trade of $13.88.
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
Also see:
Cheap Energy Shares
FSFG Split History
FBIO Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $13.89, changing hands as high as $13.95 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $22.31 as the 52 week high point — that compares with a last trade of $13.88. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » Also see: Cheap Energy Shares FSFG Split History FBIO Average Annual Return The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $13.89, changing hands as high as $13.95 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $22.31 as the 52 week high point — that compares with a last trade of $13.88. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » Also see: Cheap Energy Shares FSFG Split History FBIO Average Annual Return The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $13.89, changing hands as high as $13.95 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $22.31 as the 52 week high point — that compares with a last trade of $13.88. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » Also see: Cheap Energy Shares FSFG Split History FBIO Average Annual Return The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $13.89, changing hands as high as $13.95 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $22.31 as the 52 week high point — that compares with a last trade of $13.88. Douglas Emmett Inc shares are currently trading up about 0.6% on the day.
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1a7325b4-4b09-44f7-bd36-2da136860093
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724849.0
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2023-08-29 00:00:00 UTC
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Douglas Emmett Reaches Analyst Target Price
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-reaches-analyst-target-price
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nan
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nan
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 11 different analyst targets within the Zacks coverage universe contributing to that average for Douglas Emmett Inc, but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $10.00. And then on the other side of the spectrum one analyst has a target as high as $16.00. The standard deviation is $2.126.
But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Douglas Emmett Inc:
RECENT DEI ANALYST RATINGS BREAKDOWN
» Current 1 Month Ago 2 Month Ago 3 Month Ago
Strong buy ratings: 3 3 3 3
Buy ratings: 1 1 1 1
Hold ratings: 4 5 5 5
Sell ratings: 2 1 1 1
Strong sell ratings: 1 1 1 1
Average rating: 2.73 2.64 2.64 2.64
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DEI — FREE.
The Top 25 Broker Analyst Picks of the S&P 500 »
Also see:
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Funds Holding AXR
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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c1cbf45b-5d9b-4858-8bff-df0e32ead7cf
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724850.0
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2023-08-18 00:00:00 UTC
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First Week of DEI April 2024 Options Trading
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DEI
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https://www.nasdaq.com/articles/first-week-of-dei-april-2024-options-trading
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nan
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nan
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the April 2024 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 245 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new April 2024 contracts and identified the following put contract of particular interest.
The put contract at the $10.00 strike price has a current bid of 5 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $10.00, but will also collect the premium, putting the cost basis of the shares at $9.95 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $12.96/share today.
Because the $10.00 strike represents an approximate 23% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 83%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 0.50% return on the cash commitment, or 0.74% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Douglas Emmett Inc, and highlighting in green where the $10.00 strike is located relative to that history:
The implied volatility in the put contract example above is 187%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $12.96) to be 43%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Puts of the REITs »
Also see:
Institutional Holders of WFM
RAND Dividend Growth Rate
DWCH Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the April 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new April 2024 contracts and identified the following put contract of particular interest. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $12.96/share today.
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the April 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new April 2024 contracts and identified the following put contract of particular interest. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $12.96/share today.
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At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new April 2024 contracts and identified the following put contract of particular interest. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the April 2024 expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $12.96/share today.
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At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new April 2024 contracts and identified the following put contract of particular interest. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the April 2024 expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $12.96/share today.
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e001cfb6-36f3-439f-af0d-bacaecc3a2d6
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724851.0
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2023-08-17 00:00:00 UTC
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Evercore ISI Group Maintains Douglas Emmett (DEI) In-Line Recommendation
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DEI
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https://www.nasdaq.com/articles/evercore-isi-group-maintains-douglas-emmett-dei-in-line-recommendation
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Fintel reports that on August 17, 2023, Evercore ISI Group maintained coverage of Douglas Emmett (NYSE:DEI) with a In-Line recommendation.
Analyst Price Forecast Suggests 7.39% Upside
As of August 2, 2023, the average one-year price target for Douglas Emmett is 13.82. The forecasts range from a low of 10.60 to a high of $17.85. The average price target represents an increase of 7.39% from its latest reported closing price of 12.87.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is 1,048MM, an increase of 3.63%. The projected annual non-GAAP EPS is 0.52.
Douglas Emmett Declares $0.19 Dividend
On May 24, 2023 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of June 30, 2023 received the payment on July 18, 2023. Previously, the company paid $0.19 per share.
At the current share price of $12.87 / share, the stock's dividend yield is 5.91%.
Looking back five years and taking a sample every week, the average dividend yield has been 3.80%, the lowest has been 2.35%, and the highest has been 7.06%. The standard deviation of yields is 1.24 (n=236).
The current dividend yield is 1.70 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 2.17. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
What is the Fund Sentiment?
There are 599 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 55 owner(s) or 8.41% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 13.19%. Total shares owned by institutions increased in the last three months by 3.84% to 210,127K shares.
The put/call ratio of DEI is 4.68, indicating a bearish outlook.
What are Other Shareholders Doing?
First Eagle Investment Management holds 13,923K shares representing 8.35% ownership of the company. In it's prior filing, the firm reported owning 13,869K shares, representing an increase of 0.39%. The firm decreased its portfolio allocation in DEI by 1.57% over the last quarter.
SGENX - First Eagle Global Fund holds 9,162K shares representing 5.49% ownership of the company. In it's prior filing, the firm reported owning 8,215K shares, representing an increase of 10.34%. The firm decreased its portfolio allocation in DEI by 15.05% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,727K shares representing 4.63% ownership of the company. In it's prior filing, the firm reported owning 7,840K shares, representing a decrease of 1.46%. The firm decreased its portfolio allocation in DEI by 16.02% over the last quarter.
Price T Rowe Associates holds 7,296K shares representing 4.38% ownership of the company. In it's prior filing, the firm reported owning 7,156K shares, representing an increase of 1.92%. The firm decreased its portfolio allocation in DEI by 3.25% over the last quarter.
Wellington Management Group Llp holds 7,254K shares representing 4.35% ownership of the company. In it's prior filing, the firm reported owning 7,207K shares, representing an increase of 0.65%. The firm decreased its portfolio allocation in DEI by 86.18% over the last quarter.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
Additional reading:
Executive Summary
Douglas Emmett, Inc. 2016 Omnibus Stock Incentive Plan.
Barrington Plaza To Remove Units From Rental Market
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
Click to Learn More
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Fintel reports that on August 17, 2023, Evercore ISI Group maintained coverage of Douglas Emmett (NYSE:DEI) with a In-Line recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 13.19%.
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Fintel reports that on August 17, 2023, Evercore ISI Group maintained coverage of Douglas Emmett (NYSE:DEI) with a In-Line recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 13.19%. The put/call ratio of DEI is 4.68, indicating a bearish outlook.
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Fintel reports that on August 17, 2023, Evercore ISI Group maintained coverage of Douglas Emmett (NYSE:DEI) with a In-Line recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 13.19%. The put/call ratio of DEI is 4.68, indicating a bearish outlook.
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Fintel reports that on August 17, 2023, Evercore ISI Group maintained coverage of Douglas Emmett (NYSE:DEI) with a In-Line recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 13.19%. The put/call ratio of DEI is 4.68, indicating a bearish outlook.
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a65b8fa3-fd1f-4dfb-a16d-38f845537e13
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724852.0
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2023-08-05 00:00:00 UTC
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Raymond James Maintains Douglas Emmett (DEI) Outperform Recommendation
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DEI
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https://www.nasdaq.com/articles/raymond-james-maintains-douglas-emmett-dei-outperform-recommendation
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Fintel reports that on August 4, 2023, Raymond James maintained coverage of Douglas Emmett (NYSE:DEI) with a Outperform recommendation.
Analyst Price Forecast Suggests 2.81% Downside
As of August 2, 2023, the average one-year price target for Douglas Emmett is 13.82. The forecasts range from a low of 10.60 to a high of $17.85. The average price target represents a decrease of 2.81% from its latest reported closing price of 14.22.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is 1,048MM, an increase of 3.63%. The projected annual non-GAAP EPS is 0.52.
Douglas Emmett Declares $0.19 Dividend
On May 24, 2023 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of June 30, 2023 received the payment on July 18, 2023. Previously, the company paid $0.19 per share.
At the current share price of $14.22 / share, the stock's dividend yield is 5.34%.
Looking back five years and taking a sample every week, the average dividend yield has been 3.77%, the lowest has been 2.35%, and the highest has been 7.06%. The standard deviation of yields is 1.24 (n=236).
The current dividend yield is 1.27 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 2.21. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
What is the Fund Sentiment?
There are 613 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 52 owner(s) or 7.82% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 25.22%. Total shares owned by institutions decreased in the last three months by 0.11% to 202,854K shares.
The put/call ratio of DEI is 5.87, indicating a bearish outlook.
What are Other Shareholders Doing?
First Eagle Investment Management holds 13,869K shares representing 8.17% ownership of the company. In it's prior filing, the firm reported owning 12,417K shares, representing an increase of 10.47%. The firm decreased its portfolio allocation in DEI by 15.63% over the last quarter.
SGENX - First Eagle Global Fund holds 9,162K shares representing 5.40% ownership of the company. In it's prior filing, the firm reported owning 8,215K shares, representing an increase of 10.34%. The firm decreased its portfolio allocation in DEI by 15.05% over the last quarter.
Bamco holds 8,272K shares representing 4.87% ownership of the company. In it's prior filing, the firm reported owning 5,387K shares, representing an increase of 34.88%. The firm increased its portfolio allocation in DEI by 7.96% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,727K shares representing 4.55% ownership of the company. In it's prior filing, the firm reported owning 7,840K shares, representing a decrease of 1.46%. The firm decreased its portfolio allocation in DEI by 16.02% over the last quarter.
Wellington Management Group Llp holds 7,207K shares representing 4.24% ownership of the company. In it's prior filing, the firm reported owning 6,659K shares, representing an increase of 7.61%. The firm decreased its portfolio allocation in DEI by 15.88% over the last quarter.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
Additional reading:
Executive Summary
Douglas Emmett, Inc. 2016 Omnibus Stock Incentive Plan.
Barrington Plaza To Remove Units From Rental Market
Executive Summary
List of Subsidiaries of the Registrant. *
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on August 4, 2023, Raymond James maintained coverage of Douglas Emmett (NYSE:DEI) with a Outperform recommendation. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 25.22%.
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Fintel reports that on August 4, 2023, Raymond James maintained coverage of Douglas Emmett (NYSE:DEI) with a Outperform recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 25.22%. The put/call ratio of DEI is 5.87, indicating a bearish outlook.
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Fintel reports that on August 4, 2023, Raymond James maintained coverage of Douglas Emmett (NYSE:DEI) with a Outperform recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 25.22%. The put/call ratio of DEI is 5.87, indicating a bearish outlook.
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Fintel reports that on August 4, 2023, Raymond James maintained coverage of Douglas Emmett (NYSE:DEI) with a Outperform recommendation. Average portfolio weight of all funds dedicated to DEI is 0.12%, a decrease of 25.22%. The put/call ratio of DEI is 5.87, indicating a bearish outlook.
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193e326a-4f25-4caa-87d3-2483a189c42c
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724853.0
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2023-08-01 00:00:00 UTC
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Here's What Key Metrics Tell Us About Douglas Emmett (DEI) Q2 Earnings
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DEI
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https://www.nasdaq.com/articles/heres-what-key-metrics-tell-us-about-douglas-emmett-dei-q2-earnings
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Douglas Emmett (DEI) reported $253.41 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 2.6%. EPS of $0.48 for the same period compares to $0.14 a year ago.
The reported revenue represents a surprise of +0.01% over the Zacks Consensus Estimate of $253.38 million. With the consensus EPS estimate being $0.47, the EPS surprise was +2.13%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Douglas Emmett performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Total office revenues: $205.43 million compared to the $203.69 million average estimate based on three analysts. The reported number represents a change of -0.1% year over year.
Revenues- Total multifamily revenues: $47.97 million versus the three-analyst average estimate of $49.65 million. The reported number represents a year-over-year change of +16.2%.
Revenues- Office rental- Parking and other income: $27.64 million versus $26.94 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.1% change.
Revenues- Multifamily rental- Rental revenues: $44.29 million versus the two-analyst average estimate of $43.67 million. The reported number represents a year-over-year change of +16.7%.
Revenues- Office rental- Rental revenues and tenant recoveries: $177.79 million versus the two-analyst average estimate of $175.82 million. The reported number represents a year-over-year change of -1.3%.
Revenues- Multifamily rental- Parking and other income: $3.69 million versus the two-analyst average estimate of $5.11 million. The reported number represents a year-over-year change of +10.2%.
Net Earnings Per Share (Diluted): -$0.04 versus the four-analyst average estimate of $0.09.
View all Key Company Metrics for Douglas Emmett here>>>
Shares of Douglas Emmett have returned +12% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett (DEI) reported $253.41 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 2.6%. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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Douglas Emmett (DEI) reported $253.41 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 2.6%. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Douglas Emmett performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Total office revenues: $205.43 million compared to the $203.69 million average estimate based on three analysts.
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Douglas Emmett (DEI) reported $253.41 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 2.6%. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. The reported revenue represents a surprise of +0.01% over the Zacks Consensus Estimate of $253.38 million.
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Douglas Emmett (DEI) reported $253.41 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 2.6%. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. The reported revenue represents a surprise of +0.01% over the Zacks Consensus Estimate of $253.38 million.
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da812245-213f-4df1-bcc3-0f7119d05222
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724854.0
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2023-08-01 00:00:00 UTC
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Douglas Emmett (DEI) Q2 FFO and Revenues Top Estimates
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https://www.nasdaq.com/articles/douglas-emmett-dei-q2-ffo-and-revenues-top-estimates
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to FFO of $0.51 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 2.13%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.48 per share when it actually produced FFO of $0.47, delivering a surprise of -2.08%.
Over the last four quarters, the company has surpassed consensus FFO estimates just once.
Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $253.41 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 0.01%. This compares to year-ago revenues of $246.97 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Douglas Emmett shares have lost about 6.3% since the beginning of the year versus the S&P 500's gain of 19.5%.
What's Next for Douglas Emmett?
While Douglas Emmett has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Douglas Emmett: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.46 on $252.01 million in revenues for the coming quarter and $1.88 on $1.01 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Host Hotels (HST), another stock in the same industry, has yet to report results for the quarter ended June 2023. The results are expected to be released on August 2.
This lodging real estate investment trust is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of -3.5%. The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level.
Host Hotels' revenues are expected to be $1.42 billion, up 3% from the year-ago quarter.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report
Host Hotels & Resorts, Inc. (HST) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST) : Free Stock Analysis Report To read this article on Zacks.com click here. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock.
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Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $253.41 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 0.01%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $253.41 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 0.01%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.48 per share, beating the Zacks Consensus Estimate of $0.47 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Host Hotels & Resorts, Inc. (HST) : Free Stock Analysis Report To read this article on Zacks.com click here. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
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724855.0
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2023-07-28 00:00:00 UTC
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Douglas Emmett Breaks Above 200-Day Moving Average - Bullish for DEI
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-breaks-above-200-day-moving-average-bullish-for-dei
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $14.28, changing hands as high as $14.47 per share. Douglas Emmett Inc shares are currently trading up about 2.6% on the day. The chart below shows the one year performance of DEI shares, versus its 200 day moving average:
Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $23.85 as the 52 week high point — that compares with a last trade of $14.32.
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
Also see:
Ray Dalio Stock Picks
Advance Auto Parts YTD Return
BAFN Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $14.28, changing hands as high as $14.47 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $23.85 as the 52 week high point — that compares with a last trade of $14.32. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » Also see: Ray Dalio Stock Picks Advance Auto Parts YTD Return BAFN Insider Buying The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $14.28, changing hands as high as $14.47 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $23.85 as the 52 week high point — that compares with a last trade of $14.32. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » Also see: Ray Dalio Stock Picks Advance Auto Parts YTD Return BAFN Insider Buying The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $14.28, changing hands as high as $14.47 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $23.85 as the 52 week high point — that compares with a last trade of $14.32. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » Also see: Ray Dalio Stock Picks Advance Auto Parts YTD Return BAFN Insider Buying The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $14.28, changing hands as high as $14.47 per share. The chart below shows the one year performance of DEI shares, versus its 200 day moving average: Looking at the chart above, DEI's low point in its 52 week range is $10.085 per share, with $23.85 as the 52 week high point — that compares with a last trade of $14.32. Douglas Emmett Inc shares are currently trading up about 2.6% on the day.
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a33a2116-c1d6-48fc-bcbc-d45a132bbb61
|
724856.0
|
2023-07-26 00:00:00 UTC
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DEI Factor-Based Stock Analysis
|
DEI
|
https://www.nasdaq.com/articles/dei-factor-based-stock-analysis-0
|
nan
|
nan
|
Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown.
DOUGLAS EMMETT INC (DEI) is a mid-cap growth stock in the Real Estate Operations industry. The rating using this strategy is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
UNIVERSE: PASS
NET PAYOUT YIELD: PASS
QUALITY AND DEBT: FAIL
VALUATION: PASS
RELATIVE STRENGTH: FAIL
SHAREHOLDER YIELD: FAIL
Detailed Analysis of DOUGLAS EMMETT INC
DEI Guru Analysis
DEI Fundamental Analysis
More Information on Meb Faber
Meb Faber Portfolio
About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics.
Additional Research Links
Top Large-Cap Growth Stocks
Factor-Based Stock Portfolios
Dividend Aristocrats 2023
High Insider Ownership Stocks
Top S&P 500 Stocks
Excess Returns Investing Podcast
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DOUGLAS EMMETT INC (DEI) is a mid-cap growth stock in the Real Estate Operations industry. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI).
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Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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8c776393-e787-4012-95a4-82b69181eece
|
724857.0
|
2023-07-19 00:00:00 UTC
|
First Industrial Realty Trust (FR) Q2 FFO and Revenues Surpass Estimates
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DEI
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https://www.nasdaq.com/articles/first-industrial-realty-trust-fr-q2-ffo-and-revenues-surpass-estimates
|
nan
|
nan
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First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 1.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.57 per share when it actually produced FFO of $0.59, delivering a surprise of 3.51%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.
First Industrial Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $152.22 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 3.06%. This compares to year-ago revenues of $130.05 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
First Industrial Realty Trust shares have added about 9.4% since the beginning of the year versus the S&P 500's gain of 18.6%.
What's Next for First Industrial Realty Trust?
While First Industrial Realty Trust has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for First Industrial Realty Trust: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.61 on $149.95 million in revenues for the coming quarter and $2.42 on $598.44 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 48% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended June 2023. The results are expected to be released on August 1.
This real estate investment trust is expected to post quarterly earnings of $0.47 per share in its upcoming report, which represents a year-over-year change of -7.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Douglas Emmett's revenues are expected to be $253.38 million, up 2.6% from the year-ago quarter.
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First Industrial Realty Trust, Inc. (FR) : Free Stock Analysis Report
Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended June 2023. Click to get this free report First Industrial Realty Trust, Inc. (FR) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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Click to get this free report First Industrial Realty Trust, Inc. (FR) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended June 2023. First Industrial Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $152.22 million for the quarter ended June 2023, surpassing the Zacks Consensus Estimate by 3.06%.
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Click to get this free report First Industrial Realty Trust, Inc. (FR) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended June 2023. First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share.
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Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended June 2023. Click to get this free report First Industrial Realty Trust, Inc. (FR) : Free Stock Analysis Report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report To read this article on Zacks.com click here. First Industrial Realty Trust (FR) came out with quarterly funds from operations (FFO) of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share.
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482f4930-d706-45bc-83db-6527a2238d25
|
724858.0
|
2023-07-10 00:00:00 UTC
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DEI Crosses Above Average Analyst Target
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DEI
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https://www.nasdaq.com/articles/dei-crosses-above-average-analyst-target-0
|
nan
|
nan
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In recent trading, shares of (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 11 different analyst targets within the Zacks coverage universe contributing to that average for , but the average is just that — a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $9.00. And then on the other side of the spectrum one analyst has a target as high as $17.00. The standard deviation is $2.296.
But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover :
RECENT DEI ANALYST RATINGS BREAKDOWN
» Current 1 Month Ago 2 Month Ago 3 Month Ago
Strong buy ratings: 3 3 3 3
Buy ratings: 1 1 1 1
Hold ratings: 5 5 5 4
Sell ratings: 1 1 1 1
Strong sell ratings: 1 1 1 1
Average rating: 2.64 2.64 2.64 2.6
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com. Get the latest Zacks research report on DEI — FREE.
10 ETFs With Most Upside To Analyst Targets »
Also see:
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AFG Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In recent trading, shares of (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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In recent trading, shares of (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
|
And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
|
And so with DEI crossing above that average target price of $13.54/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $13.54 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of (Symbol: DEI) have crossed above the average analyst 12-month target price of $13.54, changing hands for $13.59/share. But the whole reason to look at the average DEI price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
|
bfd75d01-59c8-46fd-b983-a6489d702497
|
724859.0
|
2023-06-28 00:00:00 UTC
|
DEI Factor-Based Stock Analysis
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DEI
|
https://www.nasdaq.com/articles/dei-factor-based-stock-analysis
|
nan
|
nan
|
Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown.
DOUGLAS EMMETT INC (DEI) is a mid-cap growth stock in the Real Estate Operations industry. The rating using this strategy is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
UNIVERSE: PASS
NET PAYOUT YIELD: PASS
QUALITY AND DEBT: FAIL
VALUATION: PASS
RELATIVE STRENGTH: FAIL
SHAREHOLDER YIELD: FAIL
Detailed Analysis of DOUGLAS EMMETT INC
DEI Guru Analysis
DEI Fundamental Analysis
More Information on Meb Faber
Meb Faber Portfolio
About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics.
Additional Research Links
Top Large-Cap Growth Stocks
Factor-Based Stock Portfolios
High Momentum Stocks
Dividend Aristocrats 2023
High Insider Ownership Stocks
Top S&P 500 Stocks
Excess Returns Investing Podcast
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DOUGLAS EMMETT INC (DEI) is a mid-cap growth stock in the Real Estate Operations industry. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI).
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Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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d862dd64-4d4a-4deb-928b-077c9f057580
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724860.0
|
2023-06-27 00:00:00 UTC
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Ex-Dividend Reminder: DENTSPLY SIRONA, National Research and Douglas Emmett
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder%3A-dentsply-sirona-national-research-and-douglas-emmett
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/23, DENTSPLY SIRONA Inc (Symbol: XRAY), National Research Corp (Symbol: NRC), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. DENTSPLY SIRONA Inc will pay its quarterly dividend of $0.14 on 7/14/23, National Research Corp will pay its quarterly dividend of $0.12 on 7/14/23, and Douglas Emmett Inc will pay its quarterly dividend of $0.19 on 7/18/23. As a percentage of XRAY's recent stock price of $39.26, this dividend works out to approximately 0.36%, so look for shares of DENTSPLY SIRONA Inc to trade 0.36% lower — all else being equal — when XRAY shares open for trading on 6/29/23. Similarly, investors should look for NRC to open 0.27% lower in price and for DEI to open 1.56% lower, all else being equal.
Below are dividend history charts for XRAY, NRC, and DEI, showing historical dividends prior to the most recent ones declared.
DENTSPLY SIRONA Inc (Symbol: XRAY):
National Research Corp (Symbol: NRC):
Douglas Emmett Inc (Symbol: DEI):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.43% for DENTSPLY SIRONA Inc, 1.08% for National Research Corp, and 6.23% for Douglas Emmett Inc.
In Tuesday trading, DENTSPLY SIRONA Inc shares are currently down about 0.1%, National Research Corp shares are up about 0.2%, and Douglas Emmett Inc shares are off about 1.6% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
ETF Channel
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Wynn Resorts RSI
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/23, DENTSPLY SIRONA Inc (Symbol: XRAY), National Research Corp (Symbol: NRC), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for NRC to open 0.27% lower in price and for DEI to open 1.56% lower, all else being equal. Below are dividend history charts for XRAY, NRC, and DEI, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/23, DENTSPLY SIRONA Inc (Symbol: XRAY), National Research Corp (Symbol: NRC), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. DENTSPLY SIRONA Inc (Symbol: XRAY): National Research Corp (Symbol: NRC): Douglas Emmett Inc (Symbol: DEI): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for NRC to open 0.27% lower in price and for DEI to open 1.56% lower, all else being equal.
|
Looking at the universe of stocks we cover at Dividend Channel, on 6/29/23, DENTSPLY SIRONA Inc (Symbol: XRAY), National Research Corp (Symbol: NRC), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. DENTSPLY SIRONA Inc (Symbol: XRAY): National Research Corp (Symbol: NRC): Douglas Emmett Inc (Symbol: DEI): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for NRC to open 0.27% lower in price and for DEI to open 1.56% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/29/23, DENTSPLY SIRONA Inc (Symbol: XRAY), National Research Corp (Symbol: NRC), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for NRC to open 0.27% lower in price and for DEI to open 1.56% lower, all else being equal. Below are dividend history charts for XRAY, NRC, and DEI, showing historical dividends prior to the most recent ones declared.
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8e27e3e2-6290-4766-bae9-180a921bd5de
|
724861.0
|
2023-06-27 00:00:00 UTC
|
These High-Yielding Dividend Stocks Are Breathing a Huge Sigh of Relief
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DEI
|
https://www.nasdaq.com/articles/these-high-yielding-dividend-stocks-are-breathing-a-huge-sigh-of-relief
|
nan
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nan
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Office landlords have been under tremendous pressure in recent years. A rise in remote and hybrid work following the pandemic has affected the demand for office space. Meanwhile, surging interest rates are increasing borrowing expenses. These and other issues are putting pressure on the income produced by office buildings.
These headwinds have put the office sales market in a deep freeze because buyers and sellers couldn't agree on a firm value. That uncertainty of value has added more weight to drive down office REIT stock prices.
However, this week, the sector got a big boost when SL Green Realty (NYSE: SLG) agreed to sell a stake in one of its Manhattan office buildings in a deal valuing the property at $2 billion. The sale suggests that high-quality office buildings have held their values reasonably well, despite all the sector's issues. That's driving a relief rally in other office REITs.
Details on the deal
SL Green Realty, the largest office landlord in New York City, agreed to sell a 49.9% interest in 245 Park Avenue to a Japanese real estate investor. The deal values the 1.8 million-square-foot office building at $2 billion. According to The Real Deal, the purchase price implies a real estate cap rate in the high 3% range. That's a surprisingly strong valuation, given all the headwinds facing the office sector. It suggests that high-quality office properties are holding their values quite well.
The office REIT was able to lock in a strong valuation for a property that's still a work in progress. SL Green took control of the property out of bankruptcy last year following a large tenant vacancy. The previous owner initially purchased the 1960's era building in 2017 for $2.2 billion. SL Green has been working to reposition the property to attract new tenants by adding new amenities. This strategy is already starting to pay dividends. SL Green has signed 87,000 square feet of new leases.
The sale is a huge boon for SL Green Realty. It will offload half the property's $1.76 billion debt burden from its balance sheet, which the buyer will assume. Meanwhile, the cash received in the sale is a large component of its 2023 capital plan.
The deal will help take some of the pressure off SL Green. Shares of the REIT had fallen more than 40% over the past year, weighed down by increased financing costs and vacancies. These headwinds forced SL Green to cut its dividend by 12.9% last December, ending more than a decade of increases. Even with that cut, the office REIT's monthly dividend currently yields 11.6%. That high rate suggests investors expect another reduction in the future.
Setting a floor on values
The deal news provided a lift to the entire office REIT sector, especially those with properties in New York City:
SLG data by YCharts
That's because it puts a firm value on a major urban office building. Sellers can use it as a comp for future sales. It also gives the market a valuation floor for existing properties. That provides investors more clarity on what office buildings are worth, at least in Manhattan's urban core.
The uncertainty of office property values has weighed on office REIT share prices, pushing up their dividend yields. For example, Alexandria Real Estate Equities now yields 4.4%, Boston Properties yields 7%, and Brandywine Realty Trust's payout is up to an eye-popping 17.3%. A big driver of those higher yields is the concern that more office REITs will follow SL Green (and others) in slashing their dividends. We've already seen big dividend cuts from Vornado, which suspended its dividend until the end of the year, and Douglas Emmett, which slashed its payout by 32% last December. These office REITs cut their dividends to increase their liquidity to fund development projects and repay debt amid the continued downturn in the office market.
However, if other office REITs can follow SL Green's footsteps and sell office properties at strong values, they could use those proceeds to repay debt and fund development projects. That could allow them to maintain their dividends instead of cutting them.
Breathing easier, at least for now
SL Green was able to sell a stake in a Manhattan skyscraper for a surprisingly strong value. That sparked a relief rally in the office sector. Investors hope the deal puts a floor under office values, freeing up more REITs to sell properties to help enhance their liquidity.
However, the sector isn't out of the woods yet. The headwinds of higher interest and vacancy rates remain fierce. Meanwhile, several office REITs still need to deleverage their balance sheets through asset sales or dividend cuts. It could be a long time before the sector recovers.
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Matthew DiLallo has positions in SL Green Realty. The Motley Fool has positions in and recommends Alexandria Real Estate Equities. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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These headwinds have put the office sales market in a deep freeze because buyers and sellers couldn't agree on a firm value. However, this week, the sector got a big boost when SL Green Realty (NYSE: SLG) agreed to sell a stake in one of its Manhattan office buildings in a deal valuing the property at $2 billion. Details on the deal SL Green Realty, the largest office landlord in New York City, agreed to sell a 49.9% interest in 245 Park Avenue to a Japanese real estate investor.
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Details on the deal SL Green Realty, the largest office landlord in New York City, agreed to sell a 49.9% interest in 245 Park Avenue to a Japanese real estate investor. These office REITs cut their dividends to increase their liquidity to fund development projects and repay debt amid the continued downturn in the office market. However, if other office REITs can follow SL Green's footsteps and sell office properties at strong values, they could use those proceeds to repay debt and fund development projects.
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However, this week, the sector got a big boost when SL Green Realty (NYSE: SLG) agreed to sell a stake in one of its Manhattan office buildings in a deal valuing the property at $2 billion. Setting a floor on values The deal news provided a lift to the entire office REIT sector, especially those with properties in New York City: SLG data by YCharts That's because it puts a firm value on a major urban office building. However, if other office REITs can follow SL Green's footsteps and sell office properties at strong values, they could use those proceeds to repay debt and fund development projects.
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However, this week, the sector got a big boost when SL Green Realty (NYSE: SLG) agreed to sell a stake in one of its Manhattan office buildings in a deal valuing the property at $2 billion. The deal values the 1.8 million-square-foot office building at $2 billion. The deal will help take some of the pressure off SL Green.
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238cac7a-b79c-43bd-a1d6-be313a4662bb
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724862.0
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2023-06-16 00:00:00 UTC
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After Hours Most Active for Jun 16, 2023 : DISH, DEI, RIVN, FULT, OVV, PANW, GFI, DAN, GPK, MAC, DBX, NAVI
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DEI
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https://www.nasdaq.com/articles/after-hours-most-active-for-jun-16-2023-%3A-dish-dei-rivn-fult-ovv-panw-gfi-dan-gpk-mac-dbx
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nan
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nan
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The NASDAQ 100 After Hours Indicator is up 15.86 to 15,099.78. The total After hours volume is currently 604,332,539 shares traded.
The following are the most active stocks for the after hours session:
DISH Network Corporation (DISH) is +0.04 at $6.51, with 30,382,263 shares traded. DISH's current last sale is 43.4% of the target price of $15.
Douglas Emmett, Inc. (DEI) is unchanged at $12.76, with 18,654,622 shares traded. DEI's current last sale is 98.15% of the target price of $13.
Rivian Automotive, Inc. (RIVN) is +0.01 at $14.89, with 18,180,836 shares traded. As reported by Zacks, the current mean recommendation for RIVN is in the "buy range".
Fulton Financial Corporation (FULT) is unchanged at $12.87, with 16,992,026 shares traded. FULT's current last sale is 88.76% of the target price of $14.5.
Ovintiv Inc. (OVV) is unchanged at $37.90, with 16,298,816 shares traded. As reported by Zacks, the current mean recommendation for OVV is in the "buy range".
Palo Alto Networks, Inc. (PANW) is -1.53 at $245.00, with 15,368,511 shares traded. Over the last four weeks they have had 12 up revisions for the earnings forecast, for the fiscal quarter ending Jul 2023. The consensus EPS forecast is $0.53. , following a 52-week high recorded in today's regular session.
Gold Fields Limited (GFI) is unchanged at $14.98, with 14,464,965 shares traded. GFI's current last sale is 101.56% of the target price of $14.75.
Dana Incorporated (DAN) is unchanged at $16.81, with 13,744,837 shares traded. DAN's current last sale is 101.88% of the target price of $16.5.
Graphic Packaging Holding Company (GPK) is unchanged at $26.01, with 13,025,984 shares traded. As reported by Zacks, the current mean recommendation for GPK is in the "buy range".
Macerich Company (The) (MAC) is -0.02 at $11.30, with 11,882,195 shares traded. MAC's current last sale is 102.73% of the target price of $11.
Dropbox, Inc. (DBX) is unchanged at $25.97, with 11,704,140 shares traded., following a 52-week high recorded in today's regular session.
Navient Corporation (NAVI) is unchanged at $18.40, with 11,062,703 shares traded. As reported in the last short interest update the days to cover for NAVI is 7.151606; this calculation is based on the average trading volume of the stock.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett, Inc. (DEI) is unchanged at $12.76, with 18,654,622 shares traded. DEI's current last sale is 98.15% of the target price of $13. Over the last four weeks they have had 12 up revisions for the earnings forecast, for the fiscal quarter ending Jul 2023.
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Douglas Emmett, Inc. (DEI) is unchanged at $12.76, with 18,654,622 shares traded. DEI's current last sale is 98.15% of the target price of $13. The total After hours volume is currently 604,332,539 shares traded.
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Douglas Emmett, Inc. (DEI) is unchanged at $12.76, with 18,654,622 shares traded. DEI's current last sale is 98.15% of the target price of $13. Fulton Financial Corporation (FULT) is unchanged at $12.87, with 16,992,026 shares traded.
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Douglas Emmett, Inc. (DEI) is unchanged at $12.76, with 18,654,622 shares traded. DEI's current last sale is 98.15% of the target price of $13. The following are the most active stocks for the after hours session:
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6e267ea3-8f13-4bb8-9b70-8e35b907ed03
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724863.0
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2023-06-15 00:00:00 UTC
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Analysts Anticipate 11% Gains Ahead For The Holdings of ONEY
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DEI
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https://www.nasdaq.com/articles/analysts-anticipate-11-gains-ahead-for-the-holdings-of-oney
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR Russell 1000 Yield Focus ETF (Symbol: ONEY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $104.95 per unit.
With ONEY trading at a recent price near $94.19 per unit, that means that analysts see 11.43% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of ONEY's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Valvoline Inc (Symbol: VVV), and TFS Financial Corp (Symbol: TFSL). Although DEI has traded at a recent price of $12.50/share, the average analyst target is 12.00% higher at $14.00/share. Similarly, VVV has 11.89% upside from the recent share price of $37.00 if the average analyst target price of $41.40/share is reached, and analysts on average are expecting TFSL to reach a target price of $14.25/share, which is 11.59% above the recent price of $12.77. Below is a twelve month price history chart comparing the stock performance of DEI, VVV, and TFSL:
Below is a summary table of the current analyst target prices discussed above:
NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET
SPDR Russell 1000 Yield Focus ETF ONEY $94.19 $104.95 11.43%
Douglas Emmett Inc DEI $12.50 $14.00 12.00%
Valvoline Inc VVV $37.00 $41.40 11.89%
TFS Financial Corp TFSL $12.77 $14.25 11.59%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
Also see:
The DividendRank Top 25
Top Ten Hedge Funds Holding FWBI
Funds Holding EPL
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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SPDR Russell 1000 Yield Focus ETF ONEY $94.19 $104.95 11.43% Douglas Emmett Inc DEI $12.50 $14.00 12.00% Valvoline Inc VVV $37.00 $41.40 11.89% TFS Financial Corp TFSL $12.77 $14.25 11.59% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of ONEY's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Valvoline Inc (Symbol: VVV), and TFS Financial Corp (Symbol: TFSL). Although DEI has traded at a recent price of $12.50/share, the average analyst target is 12.00% higher at $14.00/share.
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Three of ONEY's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Valvoline Inc (Symbol: VVV), and TFS Financial Corp (Symbol: TFSL). SPDR Russell 1000 Yield Focus ETF ONEY $94.19 $104.95 11.43% Douglas Emmett Inc DEI $12.50 $14.00 12.00% Valvoline Inc VVV $37.00 $41.40 11.89% TFS Financial Corp TFSL $12.77 $14.25 11.59% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Although DEI has traded at a recent price of $12.50/share, the average analyst target is 12.00% higher at $14.00/share.
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Three of ONEY's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Valvoline Inc (Symbol: VVV), and TFS Financial Corp (Symbol: TFSL). Although DEI has traded at a recent price of $12.50/share, the average analyst target is 12.00% higher at $14.00/share. Below is a twelve month price history chart comparing the stock performance of DEI, VVV, and TFSL: Below is a summary table of the current analyst target prices discussed above:
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SPDR Russell 1000 Yield Focus ETF ONEY $94.19 $104.95 11.43% Douglas Emmett Inc DEI $12.50 $14.00 12.00% Valvoline Inc VVV $37.00 $41.40 11.89% TFS Financial Corp TFSL $12.77 $14.25 11.59% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of ONEY's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Valvoline Inc (Symbol: VVV), and TFS Financial Corp (Symbol: TFSL). Although DEI has traded at a recent price of $12.50/share, the average analyst target is 12.00% higher at $14.00/share.
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d7c98328-cfd5-47f2-9002-977d57a1b5f9
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724864.0
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2023-05-31 00:00:00 UTC
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Validea Detailed Fundamental Analysis - DEI
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DEI
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https://www.nasdaq.com/articles/validea-detailed-fundamental-analysis-dei
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nan
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nan
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown.
DOUGLAS EMMETT INC (DEI) is a small-cap growth stock in the Real Estate Operations industry. The rating using this strategy is 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
UNIVERSE: PASS
NET PAYOUT YIELD: PASS
QUALITY AND DEBT: FAIL
VALUATION: PASS
RELATIVE STRENGTH: FAIL
SHAREHOLDER YIELD: FAIL
Detailed Analysis of DOUGLAS EMMETT INC
DEI Guru Analysis
DEI Fundamental Analysis
More Information on Meb Faber
Meb Faber Portfolio
About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics.
Additional Research Links
Top NASDAQ 100 Stocks
Factor-Based Stock Portfolios
Factor-Based ETF Portfolios
Harry Browne Permanent Portfolio
Ray Dalio All Weather Portfolio
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DOUGLAS EMMETT INC (DEI) is a small-cap growth stock in the Real Estate Operations industry. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI).
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Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Meb Faber Meb Faber Portfolio About Meb Faber: Meb Faber is the founder of Cambria Investments. Of the 22 guru strategies we follow, DEI rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber.
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e96e0bca-c840-4fe6-9cf8-0d2fac8639df
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724865.0
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2023-05-25 00:00:00 UTC
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Douglas Emmett (DEI) Declares $0.19 Dividend
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-declares-%240.19-dividend-0
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nan
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Douglas Emmett said on May 24, 2023 that its board of directors declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Previously, the company paid $0.19 per share.
Shares must be purchased before the ex-div date of June 29, 2023 to qualify for the dividend. Shareholders of record as of June 30, 2023 will receive the payment on July 18, 2023.
At the current share price of $11.17 / share, the stock's dividend yield is 6.80%.
Looking back five years and taking a sample every week, the average dividend yield has been 3.66%, the lowest has been 2.35%, and the highest has been 7.06%. The standard deviation of yields is 1.19 (n=237).
The current dividend yield is 2.64 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.43. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
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What is the Fund Sentiment?
There are 646 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 19 owner(s) or 2.86% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.13%, a decrease of 9.07%. Total shares owned by institutions increased in the last three months by 1.32% to 204,499K shares.
The put/call ratio of DEI is 9.66, indicating a bearish outlook.
Analyst Price Forecast Suggests 29.09% Upside
As of May 11, 2023, the average one-year price target for Douglas Emmett is 14.42. The forecasts range from a low of 10.60 to a high of $17.85. The average price target represents an increase of 29.09% from its latest reported closing price of 11.17.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is 1,048MM, an increase of 4.33%. The projected annual non-GAAP EPS is 0.52.
What are Other Shareholders Doing?
First Eagle Investment Management holds 13,869K shares representing 8.17% ownership of the company. In it's prior filing, the firm reported owning 12,417K shares, representing an increase of 10.47%. The firm decreased its portfolio allocation in DEI by 16.05% over the last quarter.
Bamco holds 8,272K shares representing 4.87% ownership of the company. In it's prior filing, the firm reported owning 5,387K shares, representing an increase of 34.88%. The firm increased its portfolio allocation in DEI by 7.96% over the last quarter.
SGENX - First Eagle Global Fund holds 8,215K shares representing 4.84% ownership of the company. No change in the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,840K shares representing 4.62% ownership of the company. In it's prior filing, the firm reported owning 7,967K shares, representing a decrease of 1.63%. The firm decreased its portfolio allocation in DEI by 14.17% over the last quarter.
Wellington Management Group Llp holds 7,207K shares representing 4.24% ownership of the company. In it's prior filing, the firm reported owning 6,659K shares, representing an increase of 7.61%. The firm decreased its portfolio allocation in DEI by 88.13% over the last quarter.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
Key filings for this company:
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTI
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Average portfolio weight of all funds dedicated to DEI is 0.13%, a decrease of 9.07%. The put/call ratio of DEI is 9.66, indicating a bearish outlook.
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Average portfolio weight of all funds dedicated to DEI is 0.13%, a decrease of 9.07%. The put/call ratio of DEI is 9.66, indicating a bearish outlook. The firm decreased its portfolio allocation in DEI by 16.05% over the last quarter.
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Average portfolio weight of all funds dedicated to DEI is 0.13%, a decrease of 9.07%. The put/call ratio of DEI is 9.66, indicating a bearish outlook. The firm decreased its portfolio allocation in DEI by 16.05% over the last quarter.
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Average portfolio weight of all funds dedicated to DEI is 0.13%, a decrease of 9.07%. The put/call ratio of DEI is 9.66, indicating a bearish outlook. The firm decreased its portfolio allocation in DEI by 16.05% over the last quarter.
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8155a53a-a217-4086-838e-606d579b2d19
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724866.0
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2023-05-18 00:00:00 UTC
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DEI January 2024 Options Begin Trading
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DEI
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https://www.nasdaq.com/articles/dei-january-2024-options-begin-trading
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nan
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nan
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available today, for the January 2024 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 246 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new January 2024 contracts and identified the following put contract of particular interest.
The put contract at the $10.00 strike price has a current bid of 10 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $10.00, but will also collect the premium, putting the cost basis of the shares at $9.90 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $10.79/share today.
Because the $10.00 strike represents an approximate 7% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.00% return on the cash commitment, or 1.48% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Douglas Emmett Inc, and highlighting in green where the $10.00 strike is located relative to that history:
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $10.79) to be 41%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Puts of the REITs »
Also see:
SWAG Historical Earnings
DDOG Historical Stock Prices
SPPI Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available today, for the January 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new January 2024 contracts and identified the following put contract of particular interest. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $10.79/share today.
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available today, for the January 2024 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new January 2024 contracts and identified the following put contract of particular interest. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $10.79/share today.
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At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new January 2024 contracts and identified the following put contract of particular interest. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available today, for the January 2024 expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $10.79/share today.
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At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new January 2024 contracts and identified the following put contract of particular interest. Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available today, for the January 2024 expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $10.79/share today.
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9a3dd5eb-48e4-4263-a379-7738016a06e6
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724867.0
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2023-05-15 00:00:00 UTC
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Douglas Emmett Inc Shares Fall 1.8% Below Previous 52-Week Low - Market Mover
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-shares-fall-1.8-below-previous-52-week-low-market-mover
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nan
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nan
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Douglas Emmett Inc (DEI) shares closed 1.8% lower than its previous 52 week low, giving the company a market cap of $1B. The stock is currently down 30.3% year-to-date, down 58.7% over the past 12 months, and down 65.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 rose 0.1%.
Trading Activity
Trading volume this week was 2.3% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.1.
Technical Indicators
The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date beats the peer average by -5.5%
The company's stock price performance over the past 12 months lags the peer average by 7.6%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 367.3% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed 1.8% lower than its previous 52 week low, giving the company a market cap of $1B. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 rose 0.1%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -5.5% The company's stock price performance over the past 12 months lags the peer average by 7.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 367.3% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed 1.8% lower than its previous 52 week low, giving the company a market cap of $1B. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 2.3% higher than the 20-day average.
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Douglas Emmett Inc (DEI) shares closed 1.8% lower than its previous 52 week low, giving the company a market cap of $1B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -5.5% The company's stock price performance over the past 12 months lags the peer average by 7.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 367.3% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed 1.8% lower than its previous 52 week low, giving the company a market cap of $1B. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 rose 0.1%. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
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969ad831-77ee-4856-bc6e-8b3054eb3bb9
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724868.0
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2023-05-10 00:00:00 UTC
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Citigroup Maintains Douglas Emmett (DEI) Neutral Recommendation
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DEI
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https://www.nasdaq.com/articles/citigroup-maintains-douglas-emmett-dei-neutral-recommendation
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nan
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nan
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Fintel reports that on May 10, 2023, Citigroup maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation.
Analyst Price Forecast Suggests 29.49% Upside
As of April 23, 2023, the average one-year price target for Douglas Emmett is 14.92. The forecasts range from a low of 10.60 to a high of $17.85. The average price target represents an increase of 29.49% from its latest reported closing price of 11.52.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is 1,048MM, an increase of 4.33%. The projected annual non-GAAP EPS is 0.52.
Douglas Emmett Declares $0.19 Dividend
On March 2, 2023 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of March 31, 2023 received the payment on April 14, 2023. Previously, the company paid $0.19 per share.
At the current share price of $11.52 / share, the stock's dividend yield is 6.60%.
Looking back five years and taking a sample every week, the average dividend yield has been 3.62%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.16 (n=237).
The current dividend yield is 2.56 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.48. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
What is the Fund Sentiment?
There are 666 funds or institutions reporting positions in Douglas Emmett. This is an increase of 6 owner(s) or 0.91% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 3.98%. Total shares owned by institutions increased in the last three months by 2.00% to 203,760K shares.
The put/call ratio of DEI is 16.77, indicating a bearish outlook.
What are Other Shareholders Doing?
First Eagle Investment Management holds 12,417K shares representing 7.06% ownership of the company. In it's prior filing, the firm reported owning 12,017K shares, representing an increase of 3.22%. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter.
SGENX - First Eagle Global Fund holds 8,215K shares representing 4.67% ownership of the company. No change in the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,840K shares representing 4.46% ownership of the company. In it's prior filing, the firm reported owning 7,967K shares, representing a decrease of 1.63%. The firm decreased its portfolio allocation in DEI by 14.17% over the last quarter.
Norges Bank holds 7,302K shares representing 4.15% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 100.00%.
Wellington Management Group Llp holds 6,659K shares representing 3.79% ownership of the company. No change in the last quarter.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
See all Douglas Emmett regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Fintel reports that on May 10, 2023, Citigroup maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 3.98%.
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Fintel reports that on May 10, 2023, Citigroup maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 3.98%. The put/call ratio of DEI is 16.77, indicating a bearish outlook.
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Fintel reports that on May 10, 2023, Citigroup maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 3.98%. The put/call ratio of DEI is 16.77, indicating a bearish outlook.
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Fintel reports that on May 10, 2023, Citigroup maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 3.98%. The put/call ratio of DEI is 16.77, indicating a bearish outlook.
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75aa0e95-dd0a-47e8-8bd9-d77ae3ad9aee
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724869.0
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2023-05-02 00:00:00 UTC
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Douglas Emmett (DEI) Lags Q1 FFO and Revenue Estimates
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-lags-q1-ffo-and-revenue-estimates
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nan
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nan
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.47 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to FFO of $0.50 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of -2.08%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.52 per share when it actually produced FFO of $0.51, delivering a surprise of -1.92%.
Over the last four quarters, the company has not been able to surpass consensus FFO estimates.
Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $203.36 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 19.22%. This compares to year-ago revenues of $203.14 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Douglas Emmett shares have lost about 19.5% since the beginning of the year versus the S&P 500's gain of 8.6%.
What's Next for Douglas Emmett?
While Douglas Emmett has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Douglas Emmett: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.48 on $254.96 million in revenues for the coming quarter and $1.91 on $1.02 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Americold Realty Trust Inc. (COLD), has yet to report results for the quarter ended March 2023. The results are expected to be released on May 4.
This company is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Americold Realty Trust Inc.'s revenues are expected to be $674.86 million, down 4.4% from the year-ago quarter.
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Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report
Americold Realty Trust Inc. (COLD) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.47 per share, missing the Zacks Consensus Estimate of $0.48 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Americold Realty Trust Inc. (COLD) : Free Stock Analysis Report To read this article on Zacks.com click here. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Americold Realty Trust Inc. (COLD) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.47 per share, missing the Zacks Consensus Estimate of $0.48 per share. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $203.36 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 19.22%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.47 per share, missing the Zacks Consensus Estimate of $0.48 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Americold Realty Trust Inc. (COLD) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $203.36 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 19.22%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.47 per share, missing the Zacks Consensus Estimate of $0.48 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Americold Realty Trust Inc. (COLD) : Free Stock Analysis Report To read this article on Zacks.com click here. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
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59b1de59-88cd-43e3-97e7-04e7ca3cc534
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724870.0
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2023-04-28 00:00:00 UTC
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Guru Fundamental Report for DEI - Martin Zweig
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DEI
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https://www.nasdaq.com/articles/guru-fundamental-report-for-dei-martin-zweig
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nan
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nan
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
DOUGLAS EMMETT INC (DEI) is a mid-cap growth stock in the Real Estate Operations industry. The rating using this strategy is 62% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: PASS
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: FAIL
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of DOUGLAS EMMETT INC
DEI Guru Analysis
DEI Fundamental Analysis
More Information on Martin Zweig
Martin Zweig Portfolio
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
Additional Research Links
Factor-Based Stock Portfolios
Factor-Based ETF Portfolios
Harry Browne Permanent Portfolio
Ray Dalio All Weather Portfolio
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DOUGLAS EMMETT INC (DEI) is a mid-cap growth stock in the Real Estate Operations industry. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Growth Investor model based on the published strategy of Martin Zweig.
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Growth Investor model based on the published strategy of Martin Zweig. Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Martin Zweig Martin Zweig Portfolio About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest.
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Of the 22 guru strategies we follow, DEI rates highest using our Growth Investor model based on the published strategy of Martin Zweig. Detailed Analysis of DOUGLAS EMMETT INC DEI Guru Analysis DEI Fundamental Analysis More Information on Martin Zweig Martin Zweig Portfolio About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI).
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Below is Validea's guru fundamental report for DOUGLAS EMMETT INC (DEI). Of the 22 guru strategies we follow, DEI rates highest using our Growth Investor model based on the published strategy of Martin Zweig. DOUGLAS EMMETT INC (DEI) is a mid-cap growth stock in the Real Estate Operations industry.
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f79ed6ff-b730-40bb-8611-a6e7000cc2fc
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724871.0
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2023-04-10 00:00:00 UTC
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JP Morgan Maintains Douglas Emmett (DEI) Neutral Recommendation
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DEI
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https://www.nasdaq.com/articles/jp-morgan-maintains-douglas-emmett-dei-neutral-recommendation
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nan
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nan
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Fintel reports that on April 10, 2023, JP Morgan maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation.
Analyst Price Forecast Suggests 16.00% Upside
As of April 6, 2023, the average one-year price target for Douglas Emmett is $14.92. The forecasts range from a low of $9.60 to a high of $17.85. The average price target represents an increase of 16.00% from its latest reported closing price of $12.86.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is $1,048MM, an increase of 5.74%. The projected annual non-GAAP EPS is $0.52.
Douglas Emmett Declares $0.19 Dividend
On March 2, 2023 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of March 31, 2023 will receive the payment on April 14, 2023. Previously, the company paid $0.19 per share.
At the current share price of $12.86 / share, the stock's dividend yield is 5.91%. Looking back five years and taking a sample every week, the average dividend yield has been 3.55%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.11 (n=237).
The current dividend yield is 2.13 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.38. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
What are Other Shareholders Doing?
SUNAMERICA SERIES TRUST - SA Mid Cap Index Portfolio Class 1 holds 32K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 32K shares, representing an increase of 0.64%. The firm decreased its portfolio allocation in DEI by 10.06% over the last quarter.
FSMD - Fidelity Small-Mid Factor ETF holds 6K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 5K shares, representing an increase of 17.46%. The firm decreased its portfolio allocation in DEI by 9.15% over the last quarter.
LPL Financial holds 25K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 36K shares, representing a decrease of 46.49%. The firm decreased its portfolio allocation in DEI by 46.99% over the last quarter.
Weiss Strategic Interval Fund holds 203K shares representing 0.12% ownership of the company. In it's prior filing, the firm reported owning 272K shares, representing a decrease of 33.80%. The firm decreased its portfolio allocation in DEI by 41.22% over the last quarter.
DT Investment Partners holds 1K shares representing 0.00% ownership of the company. No change in the last quarter.
What is the Fund Sentiment?
There are 668 funds or institutions reporting positions in Douglas Emmett. This is an increase of 6 owner(s) or 0.91% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 3.66%. Total shares owned by institutions increased in the last three months by 1.75% to 203,056K shares.
The put/call ratio of DEI is 14.48, indicating a bearish outlook.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
See all Douglas Emmett regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Fintel reports that on April 10, 2023, JP Morgan maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. The firm decreased its portfolio allocation in DEI by 10.06% over the last quarter.
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Fintel reports that on April 10, 2023, JP Morgan maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. The firm decreased its portfolio allocation in DEI by 10.06% over the last quarter. The firm decreased its portfolio allocation in DEI by 9.15% over the last quarter.
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Fintel reports that on April 10, 2023, JP Morgan maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. The firm decreased its portfolio allocation in DEI by 10.06% over the last quarter. The firm decreased its portfolio allocation in DEI by 9.15% over the last quarter.
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Fintel reports that on April 10, 2023, JP Morgan maintained coverage of Douglas Emmett (NYSE:DEI) with a Neutral recommendation. The firm decreased its portfolio allocation in DEI by 10.06% over the last quarter. The firm decreased its portfolio allocation in DEI by 9.15% over the last quarter.
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d339da79-fc01-454f-a94a-36845b75ce94
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724872.0
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2023-04-10 00:00:00 UTC
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VONV's Underlying Holdings Could Mean 12% Gain Potential
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DEI
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https://www.nasdaq.com/articles/vonvs-underlying-holdings-could-mean-12-gain-potential
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Vanguard Russell 1000 Value ETF (Symbol: VONV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $74.86 per unit.
With VONV trading at a recent price near $66.90 per unit, that means that analysts see 11.90% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of VONV's underlying holdings with notable upside to their analyst target prices are Nutanix Inc (Symbol: NTNX), Popular Inc. (Symbol: BPOP), and Douglas Emmett Inc (Symbol: DEI). Although NTNX has traded at a recent price of $25.41/share, the average analyst target is 26.89% higher at $32.25/share. Similarly, BPOP has 25.26% upside from the recent share price of $57.28 if the average analyst target price of $71.75/share is reached, and analysts on average are expecting DEI to reach a target price of $15.85/share, which is 23.25% above the recent price of $12.86. Below is a twelve month price history chart comparing the stock performance of NTNX, BPOP, and DEI:
Below is a summary table of the current analyst target prices discussed above:
NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET
Vanguard Russell 1000 Value ETF VONV $66.90 $74.86 11.90%
Nutanix Inc NTNX $25.41 $32.25 26.89%
Popular Inc. BPOP $57.28 $71.75 25.26%
Douglas Emmett Inc DEI $12.86 $15.85 23.25%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
Also see:
PTC Technical Analysis
Institutional Holders of IWN
Institutional Holders of DGAZ
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Vanguard Russell 1000 Value ETF VONV $66.90 $74.86 11.90% Nutanix Inc NTNX $25.41 $32.25 26.89% Popular Inc. BPOP $57.28 $71.75 25.26% Douglas Emmett Inc DEI $12.86 $15.85 23.25% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of VONV's underlying holdings with notable upside to their analyst target prices are Nutanix Inc (Symbol: NTNX), Popular Inc. (Symbol: BPOP), and Douglas Emmett Inc (Symbol: DEI). Similarly, BPOP has 25.26% upside from the recent share price of $57.28 if the average analyst target price of $71.75/share is reached, and analysts on average are expecting DEI to reach a target price of $15.85/share, which is 23.25% above the recent price of $12.86.
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Three of VONV's underlying holdings with notable upside to their analyst target prices are Nutanix Inc (Symbol: NTNX), Popular Inc. (Symbol: BPOP), and Douglas Emmett Inc (Symbol: DEI). Similarly, BPOP has 25.26% upside from the recent share price of $57.28 if the average analyst target price of $71.75/share is reached, and analysts on average are expecting DEI to reach a target price of $15.85/share, which is 23.25% above the recent price of $12.86. Vanguard Russell 1000 Value ETF VONV $66.90 $74.86 11.90% Nutanix Inc NTNX $25.41 $32.25 26.89% Popular Inc. BPOP $57.28 $71.75 25.26% Douglas Emmett Inc DEI $12.86 $15.85 23.25% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Similarly, BPOP has 25.26% upside from the recent share price of $57.28 if the average analyst target price of $71.75/share is reached, and analysts on average are expecting DEI to reach a target price of $15.85/share, which is 23.25% above the recent price of $12.86. Three of VONV's underlying holdings with notable upside to their analyst target prices are Nutanix Inc (Symbol: NTNX), Popular Inc. (Symbol: BPOP), and Douglas Emmett Inc (Symbol: DEI). Below is a twelve month price history chart comparing the stock performance of NTNX, BPOP, and DEI: Below is a summary table of the current analyst target prices discussed above:
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Vanguard Russell 1000 Value ETF VONV $66.90 $74.86 11.90% Nutanix Inc NTNX $25.41 $32.25 26.89% Popular Inc. BPOP $57.28 $71.75 25.26% Douglas Emmett Inc DEI $12.86 $15.85 23.25% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of VONV's underlying holdings with notable upside to their analyst target prices are Nutanix Inc (Symbol: NTNX), Popular Inc. (Symbol: BPOP), and Douglas Emmett Inc (Symbol: DEI). Similarly, BPOP has 25.26% upside from the recent share price of $57.28 if the average analyst target price of $71.75/share is reached, and analysts on average are expecting DEI to reach a target price of $15.85/share, which is 23.25% above the recent price of $12.86.
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e1f1bf79-1776-4b16-8a05-b10ae2c2c3e2
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724873.0
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2023-04-05 00:00:00 UTC
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Piper Sandler Upgrades Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/piper-sandler-upgrades-douglas-emmett-dei
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nan
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nan
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On April 5, 2023, Piper Sandler upgraded their outlook for Douglas Emmett (NYSE:DEI) from Neutral to Overweight .
Analyst Price Forecast Suggests 25.84% Upside
As of March 30, 2023, the average one-year price target for Douglas Emmett is $15.43. The forecasts range from a low of $9.60 to a high of $24.15. The average price target represents an increase of 25.84% from its latest reported closing price of $12.26.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Douglas Emmett is $1,048MM, an increase of 5.74%. The projected annual non-GAAP EPS is $0.52.
Douglas Emmett Declares $0.19 Dividend
On March 2, 2023 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of March 31, 2023 will receive the payment on April 14, 2023. Previously, the company paid $0.19 per share.
At the current share price of $12.26 / share, the stock's dividend yield is 6.20%. Looking back five years and taking a sample every week, the average dividend yield has been 3.55%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.11 (n=237).
The current dividend yield is 2.39 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.38. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
What are Other Shareholders Doing?
ISCB - iShares Morningstar Small-Cap ETF holds 11K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 10K shares, representing an increase of 1.30%. The firm decreased its portfolio allocation in DEI by 11.01% over the last quarter.
Tudor Investment Corp Et Al holds 197K shares representing 0.11% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 100.00%.
PIBAX - PGIM BALANCED FUND holds 6K shares representing 0.00% ownership of the company.
NSFMX - Natixis Sustainable Future 2060 Fund Class N holds 0K shares representing 0.00% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 13.03%. The firm decreased its portfolio allocation in DEI by 13.74% over the last quarter.
Norges Bank holds 7,302K shares representing 4.15% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 100.00%.
What is the Fund Sentiment?
There are 668 funds or institutions reporting positions in Douglas Emmett. This is an increase of 6 owner(s) or 0.91% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 3.66%. Total shares owned by institutions increased in the last three months by 1.99% to 203,056K shares. The put/call ratio of DEI is 14.78, indicating a bearish outlook.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
See all Douglas Emmett regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. On April 5, 2023, Piper Sandler upgraded their outlook for Douglas Emmett (NYSE:DEI) from Neutral to Overweight . The firm decreased its portfolio allocation in DEI by 11.01% over the last quarter.
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On April 5, 2023, Piper Sandler upgraded their outlook for Douglas Emmett (NYSE:DEI) from Neutral to Overweight . The firm decreased its portfolio allocation in DEI by 11.01% over the last quarter. The firm decreased its portfolio allocation in DEI by 13.74% over the last quarter.
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On April 5, 2023, Piper Sandler upgraded their outlook for Douglas Emmett (NYSE:DEI) from Neutral to Overweight . The firm decreased its portfolio allocation in DEI by 11.01% over the last quarter. The firm decreased its portfolio allocation in DEI by 13.74% over the last quarter.
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On April 5, 2023, Piper Sandler upgraded their outlook for Douglas Emmett (NYSE:DEI) from Neutral to Overweight . The firm decreased its portfolio allocation in DEI by 11.01% over the last quarter. The firm decreased its portfolio allocation in DEI by 13.74% over the last quarter.
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1d6272fb-edee-4c80-af46-4d1e7f97e3b3
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724874.0
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2023-03-28 00:00:00 UTC
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Ex-Dividend Reminder: Douglas Emmett, LXP Industrial Trust and Essex Property Trust
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder%3A-douglas-emmett-lxp-industrial-trust-and-essex-property-trust
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel, on 3/30/23, Douglas Emmett Inc (Symbol: DEI), LXP Industrial Trust (Symbol: LXP), and Essex Property Trust Inc (Symbol: ESS) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc will pay its quarterly dividend of $0.19 on 4/14/23, LXP Industrial Trust will pay its quarterly dividend of $0.125 on 4/17/23, and Essex Property Trust Inc will pay its quarterly dividend of $2.31 on 4/14/23. As a percentage of DEI's recent stock price of $11.34, this dividend works out to approximately 1.68%, so look for shares of Douglas Emmett Inc to trade 1.68% lower — all else being equal — when DEI shares open for trading on 3/30/23. Similarly, investors should look for LXP to open 1.29% lower in price and for ESS to open 1.16% lower, all else being equal.
Below are dividend history charts for DEI, LXP, and ESS, showing historical dividends prior to the most recent ones declared.
Douglas Emmett Inc (Symbol: DEI):
LXP Industrial Trust (Symbol: LXP):
Essex Property Trust Inc (Symbol: ESS):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 6.70% for Douglas Emmett Inc, 5.16% for LXP Industrial Trust, and 4.65% for Essex Property Trust Inc.
In Tuesday trading, Douglas Emmett Inc shares are currently off about 1.6%, LXP Industrial Trust shares are off about 1.2%, and Essex Property Trust Inc shares are down about 1.3% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
Funds Holding HYH
PBH Average Annual Return
Top Ten Hedge Funds Holding EPI
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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As a percentage of DEI's recent stock price of $11.34, this dividend works out to approximately 1.68%, so look for shares of Douglas Emmett Inc to trade 1.68% lower — all else being equal — when DEI shares open for trading on 3/30/23. Looking at the universe of stocks we cover at Dividend Channel, on 3/30/23, Douglas Emmett Inc (Symbol: DEI), LXP Industrial Trust (Symbol: LXP), and Essex Property Trust Inc (Symbol: ESS) will all trade ex-dividend for their respective upcoming dividends. Below are dividend history charts for DEI, LXP, and ESS, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel, on 3/30/23, Douglas Emmett Inc (Symbol: DEI), LXP Industrial Trust (Symbol: LXP), and Essex Property Trust Inc (Symbol: ESS) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc (Symbol: DEI): LXP Industrial Trust (Symbol: LXP): Essex Property Trust Inc (Symbol: ESS): In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of DEI's recent stock price of $11.34, this dividend works out to approximately 1.68%, so look for shares of Douglas Emmett Inc to trade 1.68% lower — all else being equal — when DEI shares open for trading on 3/30/23.
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Looking at the universe of stocks we cover at Dividend Channel, on 3/30/23, Douglas Emmett Inc (Symbol: DEI), LXP Industrial Trust (Symbol: LXP), and Essex Property Trust Inc (Symbol: ESS) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc (Symbol: DEI): LXP Industrial Trust (Symbol: LXP): Essex Property Trust Inc (Symbol: ESS): In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of DEI's recent stock price of $11.34, this dividend works out to approximately 1.68%, so look for shares of Douglas Emmett Inc to trade 1.68% lower — all else being equal — when DEI shares open for trading on 3/30/23.
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Looking at the universe of stocks we cover at Dividend Channel, on 3/30/23, Douglas Emmett Inc (Symbol: DEI), LXP Industrial Trust (Symbol: LXP), and Essex Property Trust Inc (Symbol: ESS) will all trade ex-dividend for their respective upcoming dividends. As a percentage of DEI's recent stock price of $11.34, this dividend works out to approximately 1.68%, so look for shares of Douglas Emmett Inc to trade 1.68% lower — all else being equal — when DEI shares open for trading on 3/30/23. Below are dividend history charts for DEI, LXP, and ESS, showing historical dividends prior to the most recent ones declared.
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17ba4c97-bcea-458f-add1-f894f1be7c31
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724875.0
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2023-03-22 00:00:00 UTC
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Douglas Emmett Inc Shares Fall 2.7% Below Previous 52-Week Low - Market Mover
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-shares-fall-2.7-below-previous-52-week-low-market-mover
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nan
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nan
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Douglas Emmett Inc (DEI) shares closed 2.7% lower than its previous 52 week low, giving the company a market cap of $2B. The stock is currently down 26.7% year-to-date, down 63.0% over the past 12 months, and down 62.3% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.1%.
Trading Activity
Trading volume this week was 26.7% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was between 30 and 70.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date beats the peer average by -7.7%
The company's stock price performance over the past 12 months lags the peer average by 4.2%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 345.6% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed 2.7% lower than its previous 52 week low, giving the company a market cap of $2B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -7.7% The company's stock price performance over the past 12 months lags the peer average by 4.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 345.6% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed 2.7% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.1%. Trading Activity Trading volume this week was 26.7% higher than the 20-day average.
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Douglas Emmett Inc (DEI) shares closed 2.7% lower than its previous 52 week low, giving the company a market cap of $2B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -7.7% The company's stock price performance over the past 12 months lags the peer average by 4.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 345.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed 2.7% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.1%. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.
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08797f54-09ac-417e-8de0-f9fba83fabab
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724876.0
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2023-03-21 00:00:00 UTC
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Douglas Emmett Inc Shares Fall 16.5% Below Previous 52-Week Low - Market Mover
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-shares-fall-16.5-below-previous-52-week-low-market-mover
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nan
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nan
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Douglas Emmett Inc (DEI) shares closed 16.5% lower than its previous 52 week low, giving the company a market cap of $2B. The stock is currently down 8.9% year-to-date, down 53.6% over the past 12 months, and down 52.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 30.0% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was between 30 and 70.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by 437.7%
The company's stock price performance over the past 12 months lags the peer average by 16.4%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed 16.5% lower than its previous 52 week low, giving the company a market cap of $2B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.
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Douglas Emmett Inc (DEI) shares closed 16.5% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 30.0% higher than the 20-day average.
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Douglas Emmett Inc (DEI) shares closed 16.5% lower than its previous 52 week low, giving the company a market cap of $2B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed 16.5% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.
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2200ce3f-8a4a-4fa2-9fa4-60ab673fc4b9
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724877.0
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2023-03-19 00:00:00 UTC
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Douglas Emmett Inc Shares Fall 15.8% Below Previous 52-Week Low - Market Mover
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-shares-fall-15.8-below-previous-52-week-low-market-mover
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nan
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nan
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Douglas Emmett Inc (DEI) shares closed 15.8% lower than its previous 52 week low, giving the company a market cap of $2B. The stock is currently down 8.9% year-to-date, down 53.6% over the past 12 months, and down 52.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 154.6% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by 437.7%
The company's stock price performance over the past 12 months lags the peer average by 16.4%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed 15.8% lower than its previous 52 week low, giving the company a market cap of $2B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed 15.8% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 154.6% higher than the 20-day average.
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Douglas Emmett Inc (DEI) shares closed 15.8% lower than its previous 52 week low, giving the company a market cap of $2B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed 15.8% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
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4f5ff8cf-689c-4a11-b42c-af38ca8609eb
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724878.0
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2023-03-14 00:00:00 UTC
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Douglas Emmett Inc Shares Fall 10.2% Below Previous 52-Week Low - Market Mover
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-shares-fall-10.2-below-previous-52-week-low-market-mover
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nan
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nan
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Douglas Emmett Inc (DEI) shares closed 10.2% lower than its previous 52 week low, giving the company a market cap of $2B. The stock is currently down 8.9% year-to-date, down 53.6% over the past 12 months, and down 52.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 119.3% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by 437.7%
The company's stock price performance over the past 12 months lags the peer average by 16.4%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed 10.2% lower than its previous 52 week low, giving the company a market cap of $2B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed 10.2% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 119.3% higher than the 20-day average.
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Douglas Emmett Inc (DEI) shares closed 10.2% lower than its previous 52 week low, giving the company a market cap of $2B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed 10.2% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
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c8c61606-1fec-4586-9b9c-6dc45d837c3f
|
724879.0
|
2023-03-08 00:00:00 UTC
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Douglas Emmett Inc Shares Fall 3.1% Below Previous 52-Week Low - Market Mover
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DEI
|
https://www.nasdaq.com/articles/douglas-emmett-inc-shares-fall-3.1-below-previous-52-week-low-market-mover
|
nan
|
nan
|
Douglas Emmett Inc (DEI) shares closed 3.1% lower than its previous 52 week low, giving the company a market cap of $2B. The stock is currently down 8.9% year-to-date, down 53.6% over the past 12 months, and down 52.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 23.5% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by 437.7%
The company's stock price performance over the past 12 months lags the peer average by 16.4%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed 3.1% lower than its previous 52 week low, giving the company a market cap of $2B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed 3.1% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed 3.1% lower than its previous 52 week low, giving the company a market cap of $2B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed 3.1% lower than its previous 52 week low, giving the company a market cap of $2B. Trading Activity Trading volume this week was 23.5% lower than the 20-day average. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
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6499489b-1957-43e0-bc5b-e1fe14591269
|
724880.0
|
2023-03-06 00:00:00 UTC
|
Douglas Emmett Inc Shares Near 52-Week Low - Market Mover
|
DEI
|
https://www.nasdaq.com/articles/douglas-emmett-inc-shares-near-52-week-low-market-mover-2
|
nan
|
nan
|
Douglas Emmett Inc (DEI) shares closed today at 0.2% above its 52 week low of $13.77, giving the company a market cap of $2B. The stock is currently down 8.9% year-to-date, down 53.6% over the past 12 months, and down 52.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 24.2% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by 437.7%
The company's stock price performance over the past 12 months lags the peer average by 16.4%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed today at 0.2% above its 52 week low of $13.77, giving the company a market cap of $2B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed today at 0.2% above its 52 week low of $13.77, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
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Douglas Emmett Inc (DEI) shares closed today at 0.2% above its 52 week low of $13.77, giving the company a market cap of $2B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 437.7% The company's stock price performance over the past 12 months lags the peer average by 16.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 617.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed today at 0.2% above its 52 week low of $13.77, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
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bf0f7f3c-53d6-4275-9c9d-e34f3dfdd7d3
|
724881.0
|
2023-03-04 00:00:00 UTC
|
Douglas Emmett (DEI) Declares $0.19 Dividend
|
DEI
|
https://www.nasdaq.com/articles/douglas-emmett-dei-declares-%240.19-dividend
|
nan
|
nan
|
Douglas Emmett said on March 2, 2023 that its board of directors declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Previously, the company paid $0.19 per share.
Shares must be purchased before the ex-div date of March 30, 2023 to qualify for the dividend. Shareholders of record as of March 31, 2023 will receive the payment on April 14, 2023.
At the current share price of $14.28 / share, the stock's dividend yield is 5.32%. Looking back five years and taking a sample every week, the average dividend yield has been 3.48%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.04 (n=237).
The current dividend yield is 1.77 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.38. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
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Analyst Price Forecast Suggests 26.92% Upside
As of March 4, 2023, the average one-year price target for Douglas Emmett is $18.12. The forecasts range from a low of $13.13 to a high of $24.15. The average price target represents an increase of 26.92% from its latest reported closing price of $14.28.
The projected annual revenue for Douglas Emmett is $1,048MM, an increase of 5.74%. The projected annual non-GAAP EPS is $0.52.
What is the Fund Sentiment?
There are 663 funds or institutions reporting positions in Douglas Emmett. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 9.25%. Total shares owned by institutions increased in the last three months by 1.02% to 202,576K shares. The put/call ratio of DEI is 3.24, indicating a bearish outlook.
What are large shareholders doing?
First Eagle Investment Management holds 12,417K shares representing 7.06% ownership of the company. In it's prior filing, the firm reported owning 12,017K shares, representing an increase of 3.22%. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter.
SGENX - First Eagle Global Fund holds 8,215K shares representing 4.67% ownership of the company. In it's prior filing, the firm reported owning 7,725K shares, representing an increase of 5.96%. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,967K shares representing 4.53% ownership of the company. In it's prior filing, the firm reported owning 8,060K shares, representing a decrease of 1.17%. The firm decreased its portfolio allocation in DEI by 11.43% over the last quarter.
Norges Bank holds 7,302K shares representing 4.15% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 100.00%.
Wellington Management Group Llp holds 6,659K shares representing 3.79% ownership of the company. In it's prior filing, the firm reported owning 7,760K shares, representing a decrease of 16.54%. The firm decreased its portfolio allocation in DEI by 99.99% over the last quarter.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 9.25%. The put/call ratio of DEI is 3.24, indicating a bearish outlook.
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Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 9.25%. The put/call ratio of DEI is 3.24, indicating a bearish outlook. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter.
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Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 9.25%. The put/call ratio of DEI is 3.24, indicating a bearish outlook. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter.
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Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 9.25%. The put/call ratio of DEI is 3.24, indicating a bearish outlook. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter.
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fd06c10f-8a6e-441b-a6d1-f0408675e776
|
724882.0
|
2023-03-04 00:00:00 UTC
|
BMO Capital Downgrades Douglas Emmett (DEI)
|
DEI
|
https://www.nasdaq.com/articles/bmo-capital-downgrades-douglas-emmett-dei
|
nan
|
nan
|
On March 3, 2023, BMO Capital downgraded their outlook for Douglas Emmett (NYSE:DEI) from Market Perform to Underperform.
Analyst Price Forecast Suggests 26.92% Upside
As of March 4, 2023, the average one-year price target for Douglas Emmett is $18.12. The forecasts range from a low of $13.13 to a high of $24.15. The average price target represents an increase of 26.92% from its latest reported closing price of $14.28.
The projected annual revenue for Douglas Emmett is $1,048MM, an increase of 5.74%. The projected annual non-GAAP EPS is $0.52.
Douglas Emmett Declares $0.19 Dividend
On March 2, 2023 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of March 31, 2023 will receive the payment on April 14, 2023. Previously, the company paid $0.19 per share.
At the current share price of $14.28 / share, the stock's dividend yield is 5.32%. Looking back five years and taking a sample every week, the average dividend yield has been 3.48%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.04 (n=237).
The current dividend yield is 1.77 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.38. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
What are large shareholders doing?
First Eagle Investment Management holds 12,417K shares representing 7.06% ownership of the company. In it's prior filing, the firm reported owning 12,017K shares, representing an increase of 3.22%. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter.
SGENX - First Eagle Global Fund holds 8,215K shares representing 4.67% ownership of the company. In it's prior filing, the firm reported owning 7,725K shares, representing an increase of 5.96%. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,967K shares representing 4.53% ownership of the company. In it's prior filing, the firm reported owning 8,060K shares, representing a decrease of 1.17%. The firm decreased its portfolio allocation in DEI by 11.43% over the last quarter.
Norges Bank holds 7,302K shares representing 4.15% ownership of the company. In it's prior filing, the firm reported owning 0K shares, representing an increase of 100.00%.
Wellington Management Group Llp holds 6,659K shares representing 3.79% ownership of the company. In it's prior filing, the firm reported owning 7,760K shares, representing a decrease of 16.54%. The firm decreased its portfolio allocation in DEI by 99.99% over the last quarter.
What is the Fund Sentiment?
There are 663 funds or institutions reporting positions in Douglas Emmett. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.17%, a decrease of 9.25%. Total shares owned by institutions increased in the last three months by 1.02% to 202,576K shares. The put/call ratio of DEI is 3.24, indicating a bearish outlook.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
On March 3, 2023, BMO Capital downgraded their outlook for Douglas Emmett (NYSE:DEI) from Market Perform to Underperform. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter.
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On March 3, 2023, BMO Capital downgraded their outlook for Douglas Emmett (NYSE:DEI) from Market Perform to Underperform. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
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On March 3, 2023, BMO Capital downgraded their outlook for Douglas Emmett (NYSE:DEI) from Market Perform to Underperform. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
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On March 3, 2023, BMO Capital downgraded their outlook for Douglas Emmett (NYSE:DEI) from Market Perform to Underperform. The firm decreased its portfolio allocation in DEI by 99.92% over the last quarter. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
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51d8ccda-3e31-49f6-a3db-e2baafbd7fd6
|
724883.0
|
2023-03-02 00:00:00 UTC
|
Douglas Emmett Enters Oversold Territory
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-enters-oversold-territory-1
|
nan
|
nan
|
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Douglas Emmett Inc (Symbol: DEI) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Douglas Emmett Inc an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DEI entered into oversold territory, changing hands as low as $13.90 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Douglas Emmett Inc, the RSI reading has hit 28.8 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 45.6. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, DEI's recent annualized dividend of 0.76/share (currently paid in quarterly installments) works out to an annual yield of 5.37% based upon the recent $14.16 share price.
A bullish investor could look at DEI's 28.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DEI is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
Click here to find out what 9 other oversold dividend stocks you need to know about »
Also see:
ETFs Holding ATHX
INOV market cap history
Funds Holding FDRR
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A bullish investor could look at DEI's 28.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Douglas Emmett Inc (Symbol: DEI) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Douglas Emmett Inc an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DEI entered into oversold territory, changing hands as low as $13.90 per share.
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Indeed, DEI's recent annualized dividend of 0.76/share (currently paid in quarterly installments) works out to an annual yield of 5.37% based upon the recent $14.16 share price. Douglas Emmett Inc (Symbol: DEI) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Douglas Emmett Inc an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DEI entered into oversold territory, changing hands as low as $13.90 per share.
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Douglas Emmett Inc (Symbol: DEI) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Douglas Emmett Inc an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DEI entered into oversold territory, changing hands as low as $13.90 per share. Indeed, DEI's recent annualized dividend of 0.76/share (currently paid in quarterly installments) works out to an annual yield of 5.37% based upon the recent $14.16 share price.
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Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on DEI is its dividend history. Douglas Emmett Inc (Symbol: DEI) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. But making Douglas Emmett Inc an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of DEI entered into oversold territory, changing hands as low as $13.90 per share.
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7f3e8c0b-091e-4e29-b267-7fee135bd438
|
724884.0
|
2023-02-21 00:00:00 UTC
|
DEI Dividend Yield Pushes Above 5%
|
DEI
|
https://www.nasdaq.com/articles/dei-dividend-yield-pushes-above-5-0
|
nan
|
nan
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $14.81 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 5% would appear considerably attractive if that yield is sustainable. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.
Click here to find out which 9 other dividend stocks just recently went on sale »
Also see:
QUAL Historical Stock Prices
ORGO shares outstanding history
Institutional Holders of IMAC
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $14.81 on the day. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $14.81 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $14.81 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.76), with the stock changing hands as low as $14.81 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.
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69bc6d85-7c0f-45ab-8907-58acee03fb2d
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724885.0
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2023-02-14 00:00:00 UTC
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Norges Bank Now Owns 4.20% of Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/norges-bank-now-owns-4.20-of-douglas-emmett-dei
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nan
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nan
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Fintel reports that Norges Bank has filed a 13G/A form with the SEC disclosing ownership of 7.38MM shares of Douglas Emmett, Inc. (DEI). This represents 4.2% of the company.
In their previous filing dated November 17, 2022 they reported 8.95MM shares and 5.09% of the company, a decrease in shares of 17.64% and a decrease in total ownership of 0.89% (calculated as current - previous percent ownership).
Analyst Price Forecast Suggests 12.02% Upside
As of February 12, 2023, the average one-year price target for Douglas Emmett is $18.12. The forecasts range from a low of $13.13 to a high of $24.15. The average price target represents an increase of 12.02% from its latest reported closing price of $16.18.
The projected annual revenue for Douglas Emmett is $1,048MM, an increase of 5.47%. The projected annual EPS is $0.52, a decrease of 5.89%.
What is the Fund Sentiment?
There are 664 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 5 owner(s) or 0.75% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 20.29%. Total shares owned by institutions decreased in the last three months by 2.08% to 201,218K shares. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
What are large shareholders doing?
First Eagle Investment Management holds 12,417K shares representing 7.06% ownership of the company. In it's prior filing, the firm reported owning 12,017K shares, representing an increase of 3.22%. The firm decreased its portfolio allocation in DEI by 17.39% over the last quarter.
SGENX - First Eagle Global Fund holds 8,215K shares representing 4.67% ownership of the company. In it's prior filing, the firm reported owning 7,725K shares, representing an increase of 5.96%. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,967K shares representing 4.53% ownership of the company. In it's prior filing, the firm reported owning 8,060K shares, representing a decrease of 1.17%. The firm decreased its portfolio allocation in DEI by 11.43% over the last quarter.
Wellington Management Group Llp holds 6,659K shares representing 3.79% ownership of the company. In it's prior filing, the firm reported owning 7,760K shares, representing a decrease of 16.54%. The firm decreased its portfolio allocation in DEI by 99.99% over the last quarter.
Bamco holds 5,793K shares representing 3.30% ownership of the company. In it's prior filing, the firm reported owning 5,812K shares, representing a decrease of 0.33%. The firm decreased its portfolio allocation in DEI by 19.67% over the last quarter.
Douglas Emmett Declares $0.19 Dividend
On December 8, 2022 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of December 29, 2022 received the payment on January 18, 2023. Previously, the company paid $0.28 per share.
At the current share price of $16.18 / share, the stock's dividend yield is 4.70%. Looking back five years and taking a sample every week, the average dividend yield has been 3.47%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.04 (n=237).
The current dividend yield is 1.19 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.38. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that Norges Bank has filed a 13G/A form with the SEC disclosing ownership of 7.38MM shares of Douglas Emmett, Inc. (DEI). Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 20.29%.
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Fintel reports that Norges Bank has filed a 13G/A form with the SEC disclosing ownership of 7.38MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 20.29%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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Fintel reports that Norges Bank has filed a 13G/A form with the SEC disclosing ownership of 7.38MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 20.29%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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Fintel reports that Norges Bank has filed a 13G/A form with the SEC disclosing ownership of 7.38MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 20.29%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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ad975fe3-58da-4187-addf-29b987c1bf6d
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724886.0
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2023-02-09 00:00:00 UTC
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Vanguard Group Increases Position in Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/vanguard-group-increases-position-in-douglas-emmett-dei
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nan
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nan
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Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 25.28MM shares of Douglas Emmett, Inc. (DEI). This represents 14.38% of the company.
In their previous filing dated February 9, 2022 they reported 24.86MM shares and 14.16% of the company, an increase in shares of 1.71% and an increase in total ownership of 0.22% (calculated as current - previous percent ownership).
Analyst Price Forecast Suggests 11.97% Upside
As of February 7, 2023, the average one-year price target for Douglas Emmett is $18.50. The forecasts range from a low of $13.13 to a high of $24.15. The average price target represents an increase of 11.97% from its latest reported closing price of $16.52.
The projected annual revenue for Douglas Emmett is $1,048MM, an increase of 5.47%. The projected annual EPS is $0.52, a decrease of 5.89%.
What is the Fund Sentiment?
There are 660 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 14 owner(s) or 2.08% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. Total shares owned by institutions increased in the last three months by 1.25% to 199,814K shares. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
What are large shareholders doing?
First Eagle Investment Management holds 12,417K shares representing 7.06% ownership of the company. In it's prior filing, the firm reported owning 12,017K shares, representing an increase of 3.22%. The firm decreased its portfolio allocation in DEI by 17.39% over the last quarter.
SGENX - First Eagle Global Fund holds 8,215K shares representing 4.67% ownership of the company. In it's prior filing, the firm reported owning 7,725K shares, representing an increase of 5.96%. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,967K shares representing 4.53% ownership of the company. In it's prior filing, the firm reported owning 8,060K shares, representing a decrease of 1.17%. The firm decreased its portfolio allocation in DEI by 11.43% over the last quarter.
Wellington Management Group Llp holds 7,760K shares representing 4.41% ownership of the company. In it's prior filing, the firm reported owning 7,601K shares, representing an increase of 2.05%. The firm decreased its portfolio allocation in DEI by 13.49% over the last quarter.
Norges Bank holds 7,302K shares representing 4.15% ownership of the company. In it's prior filing, the firm reported owning 7,344K shares, representing a decrease of 0.57%. The firm decreased its portfolio allocation in DEI by 4.59% over the last quarter.
Douglas Emmett Declares $0.19 Dividend
On December 8, 2022 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of December 29, 2022 received the payment on January 18, 2023. Previously, the company paid $0.28 per share.
At the current share price of $16.52 / share, the stock's dividend yield is 4.60%. Looking back five years and taking a sample every week, the average dividend yield has been 3.46%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.03 (n=237).
The current dividend yield is 1.10 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.38. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 25.28MM shares of Douglas Emmett, Inc. (DEI). Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%.
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Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 25.28MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 25.28MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 25.28MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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8f13f922-6f2f-4518-8e60-8224b49f7840
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724887.0
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2023-02-09 00:00:00 UTC
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Fmr Cuts Stake in Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/fmr-cuts-stake-in-douglas-emmett-dei
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nan
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nan
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Fintel reports that Fmr has filed a 13G/A form with the SEC disclosing ownership of 8.75MM shares of Douglas Emmett, Inc. (DEI). This represents 4.976% of the company.
In their previous filing dated February 9, 2022 they reported 13.92MM shares and 7.93% of the company, a decrease in shares of 37.14% and a decrease in total ownership of 2.95% (calculated as current - previous percent ownership).
Analyst Price Forecast Suggests 11.97% Upside
As of February 7, 2023, the average one-year price target for Douglas Emmett is $18.50. The forecasts range from a low of $13.13 to a high of $24.15. The average price target represents an increase of 11.97% from its latest reported closing price of $16.52.
The projected annual revenue for Douglas Emmett is $1,048MM, an increase of 5.47%. The projected annual EPS is $0.52, a decrease of 5.89%.
What is the Fund Sentiment?
There are 660 funds or institutions reporting positions in Douglas Emmett. This is a decrease of 14 owner(s) or 2.08% in the last quarter. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. Total shares owned by institutions increased in the last three months by 1.25% to 199,814K shares. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
What are large shareholders doing?
First Eagle Investment Management holds 12,017K shares representing 6.84% ownership of the company. In it's prior filing, the firm reported owning 11,164K shares, representing an increase of 7.10%. The firm decreased its portfolio allocation in DEI by 8.39% over the last quarter.
SGENX - First Eagle Global Fund holds 8,215K shares representing 4.67% ownership of the company. In it's prior filing, the firm reported owning 7,725K shares, representing an increase of 5.96%. The firm decreased its portfolio allocation in DEI by 14.37% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 7,967K shares representing 4.53% ownership of the company. In it's prior filing, the firm reported owning 8,060K shares, representing a decrease of 1.17%. The firm decreased its portfolio allocation in DEI by 11.43% over the last quarter.
Wellington Management Group Llp holds 7,760K shares representing 4.41% ownership of the company. In it's prior filing, the firm reported owning 7,601K shares, representing an increase of 2.05%. The firm decreased its portfolio allocation in DEI by 13.49% over the last quarter.
Norges Bank holds 7,302K shares representing 4.15% ownership of the company. In it's prior filing, the firm reported owning 7,344K shares, representing a decrease of 0.57%. The firm decreased its portfolio allocation in DEI by 4.59% over the last quarter.
Douglas Emmett Declares $0.19 Dividend
On December 8, 2022 the company declared a regular quarterly dividend of $0.19 per share ($0.76 annualized). Shareholders of record as of December 29, 2022 received the payment on January 18, 2023. Previously, the company paid $0.28 per share.
At the current share price of $16.52 / share, the stock's dividend yield is 4.60%. Looking back five years and taking a sample every week, the average dividend yield has been 3.46%, the lowest has been 2.35%, and the highest has been 7.02%. The standard deviation of yields is 1.03 (n=237).
The current dividend yield is 1.10 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is 1.38. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.32%.
Douglas Emmett Background Information
(This description is provided by the company.)
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that Fmr has filed a 13G/A form with the SEC disclosing ownership of 8.75MM shares of Douglas Emmett, Inc. (DEI). Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%.
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Fintel reports that Fmr has filed a 13G/A form with the SEC disclosing ownership of 8.75MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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Fintel reports that Fmr has filed a 13G/A form with the SEC disclosing ownership of 8.75MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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Fintel reports that Fmr has filed a 13G/A form with the SEC disclosing ownership of 8.75MM shares of Douglas Emmett, Inc. (DEI). Average portfolio weight of all funds dedicated to DEI is 0.16%, a decrease of 18.85%. The put/call ratio of DEI is 3.38, indicating a bearish outlook.
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1adb7963-b35b-4928-9eca-fc4f115d9ceb
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724888.0
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2023-02-07 00:00:00 UTC
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Douglas Emmett (DEI) Q4 FFO and Revenues Miss Estimates
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-q4-ffo-and-revenues-miss-estimates
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nan
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nan
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to FFO of $0.48 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of -1.92%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.51 per share when it actually produced FFO of $0.51, delivering no surprise.
Over the last four quarters, the company has not been able to surpass consensus FFO estimates.
Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $207.83 million for the quarter ended December 2022, missing the Zacks Consensus Estimate by 19.35%. This compares to year-ago revenues of $204.45 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Douglas Emmett shares have added about 5.4% since the beginning of the year versus the S&P 500's gain of 7.1%.
What's Next for Douglas Emmett?
While Douglas Emmett has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Douglas Emmett: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.50 on $255.08 million in revenues for the coming quarter and $1.97 on $1.04 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Gladstone Commercial (GOOD), is yet to report results for the quarter ended December 2022. The results are expected to be released on February 22.
This real estate investment trust is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of -2.5%. The consensus EPS estimate for the quarter has been revised 5.3% higher over the last 30 days to the current level.
Gladstone Commercial's revenues are expected to be $37.31 million, up 5.7% from the year-ago quarter.
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Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report
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To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Gladstone Commercial Corporation (GOOD) : Free Stock Analysis Report To read this article on Zacks.com click here. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Gladstone Commercial Corporation (GOOD) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $207.83 million for the quarter ended December 2022, missing the Zacks Consensus Estimate by 19.35%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Gladstone Commercial Corporation (GOOD) : Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $207.83 million for the quarter ended December 2022, missing the Zacks Consensus Estimate by 19.35%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. Click to get this free report Douglas Emmett, Inc. (DEI) : Free Stock Analysis Report Gladstone Commercial Corporation (GOOD) : Free Stock Analysis Report To read this article on Zacks.com click here. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
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5a3cd121-9b99-451f-89ed-c12225d80784
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724889.0
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2023-01-05 00:00:00 UTC
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Analysts Predict 14% Gains Ahead For The Holdings of URE
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DEI
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https://www.nasdaq.com/articles/analysts-predict-14-gains-ahead-for-the-holdings-of-ure
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the ProShares Ultra Real Estate ETF (Symbol: URE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $69.27 per unit.
With URE trading at a recent price near $60.61 per unit, that means that analysts see 14.29% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of URE's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Blackstone Mortgage Trust Inc (Symbol: BXMT), and Digital Realty Trust Inc (Symbol: DLR). Although DEI has traded at a recent price of $15.58/share, the average analyst target is 30.30% higher at $20.30/share. Similarly, BXMT has 28.21% upside from the recent share price of $21.84 if the average analyst target price of $28.00/share is reached, and analysts on average are expecting DLR to reach a target price of $127.69/share, which is 23.20% above the recent price of $103.65. Below is a twelve month price history chart comparing the stock performance of DEI, BXMT, and DLR:
Below is a summary table of the current analyst target prices discussed above:
NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET
ProShares Ultra Real Estate ETF URE $60.61 $69.27 14.29%
Douglas Emmett Inc DEI $15.58 $20.30 30.30%
Blackstone Mortgage Trust Inc BXMT $21.84 $28.00 28.21%
Digital Realty Trust Inc DLR $103.65 $127.69 23.20%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
Also see:
Stocks Going Ex-Dividend
Funds Holding HII
CNCE Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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ProShares Ultra Real Estate ETF URE $60.61 $69.27 14.29% Douglas Emmett Inc DEI $15.58 $20.30 30.30% Blackstone Mortgage Trust Inc BXMT $21.84 $28.00 28.21% Digital Realty Trust Inc DLR $103.65 $127.69 23.20% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of URE's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Blackstone Mortgage Trust Inc (Symbol: BXMT), and Digital Realty Trust Inc (Symbol: DLR). Although DEI has traded at a recent price of $15.58/share, the average analyst target is 30.30% higher at $20.30/share.
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Three of URE's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Blackstone Mortgage Trust Inc (Symbol: BXMT), and Digital Realty Trust Inc (Symbol: DLR). ProShares Ultra Real Estate ETF URE $60.61 $69.27 14.29% Douglas Emmett Inc DEI $15.58 $20.30 30.30% Blackstone Mortgage Trust Inc BXMT $21.84 $28.00 28.21% Digital Realty Trust Inc DLR $103.65 $127.69 23.20% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Although DEI has traded at a recent price of $15.58/share, the average analyst target is 30.30% higher at $20.30/share.
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Three of URE's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Blackstone Mortgage Trust Inc (Symbol: BXMT), and Digital Realty Trust Inc (Symbol: DLR). Although DEI has traded at a recent price of $15.58/share, the average analyst target is 30.30% higher at $20.30/share. Below is a twelve month price history chart comparing the stock performance of DEI, BXMT, and DLR: Below is a summary table of the current analyst target prices discussed above:
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ProShares Ultra Real Estate ETF URE $60.61 $69.27 14.29% Douglas Emmett Inc DEI $15.58 $20.30 30.30% Blackstone Mortgage Trust Inc BXMT $21.84 $28.00 28.21% Digital Realty Trust Inc DLR $103.65 $127.69 23.20% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of URE's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Blackstone Mortgage Trust Inc (Symbol: BXMT), and Digital Realty Trust Inc (Symbol: DLR). Although DEI has traded at a recent price of $15.58/share, the average analyst target is 30.30% higher at $20.30/share.
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1edd00e7-875d-4316-bdfe-79411f0d016e
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724890.0
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2022-12-06 00:00:00 UTC
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Douglas Emmett Inc Shares Fall 0.9% Below Previous 52-Week Low - Market Mover
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-shares-fall-0.9-below-previous-52-week-low-market-mover
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nan
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nan
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Douglas Emmett Inc (DEI) shares closed 0.9% lower than its previous 52 week low, giving the company a market cap of $2B. The stock is currently down 52.2% year-to-date, down 52.6% over the past 12 months, and down 54.2% over the past five years. This week, the Dow Jones Industrial Average fell 0.6%, and the S&P 500 fell 0.4%.
Trading Activity
Trading volume this week was 33.9% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9.
Technical Indicators
The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by 15.9%
The company's stock price performance over the past 12 months lags the peer average by 21.6%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -1140.1% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (DEI) shares closed 0.9% lower than its previous 52 week low, giving the company a market cap of $2B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 15.9% The company's stock price performance over the past 12 months lags the peer average by 21.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -1140.1% higher than the average peer.
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Douglas Emmett Inc (DEI) shares closed 0.9% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average fell 0.6%, and the S&P 500 fell 0.4%. Trading Activity Trading volume this week was 33.9% higher than the 20-day average.
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Douglas Emmett Inc (DEI) shares closed 0.9% lower than its previous 52 week low, giving the company a market cap of $2B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 15.9% The company's stock price performance over the past 12 months lags the peer average by 21.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -1140.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Douglas Emmett Inc (DEI) shares closed 0.9% lower than its previous 52 week low, giving the company a market cap of $2B. This week, the Dow Jones Industrial Average fell 0.6%, and the S&P 500 fell 0.4%. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
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f842bb87-0a6a-4730-a4be-9efddf4d2c7e
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724891.0
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2022-12-05 00:00:00 UTC
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Add Up The Pieces: IYR Could Be Worth $100
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DEI
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https://www.nasdaq.com/articles/add-up-the-pieces%3A-iyr-could-be-worth-%24100
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares U.S. Real Estate ETF (Symbol: IYR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $100.44 per unit.
With IYR trading at a recent price near $88.78 per unit, that means that analysts see 13.14% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IYR's underlying holdings with notable upside to their analyst target prices are Life Storage Inc (Symbol: LSI), Douglas Emmett Inc (Symbol: DEI), and Blackstone Mortgage Trust Inc (Symbol: BXMT). Although LSI has traded at a recent price of $105.80/share, the average analyst target is 28.63% higher at $136.09/share. Similarly, DEI has 27.30% upside from the recent share price of $16.86 if the average analyst target price of $21.46/share is reached, and analysts on average are expecting BXMT to reach a target price of $29.00/share, which is 18.71% above the recent price of $24.43. Below is a twelve month price history chart comparing the stock performance of LSI, DEI, and BXMT:
Below is a summary table of the current analyst target prices discussed above:
NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET
iShares U.S. Real Estate ETF IYR $88.78 $100.44 13.14%
Life Storage Inc LSI $105.80 $136.09 28.63%
Douglas Emmett Inc DEI $16.86 $21.46 27.30%
Blackstone Mortgage Trust Inc BXMT $24.43 $29.00 18.71%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
Also see:
MDRR Next Dividend Date
FMFC Insider Buying
TCRT YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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iShares U.S. Real Estate ETF IYR $88.78 $100.44 13.14% Life Storage Inc LSI $105.80 $136.09 28.63% Douglas Emmett Inc DEI $16.86 $21.46 27.30% Blackstone Mortgage Trust Inc BXMT $24.43 $29.00 18.71% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYR's underlying holdings with notable upside to their analyst target prices are Life Storage Inc (Symbol: LSI), Douglas Emmett Inc (Symbol: DEI), and Blackstone Mortgage Trust Inc (Symbol: BXMT). Similarly, DEI has 27.30% upside from the recent share price of $16.86 if the average analyst target price of $21.46/share is reached, and analysts on average are expecting BXMT to reach a target price of $29.00/share, which is 18.71% above the recent price of $24.43.
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Three of IYR's underlying holdings with notable upside to their analyst target prices are Life Storage Inc (Symbol: LSI), Douglas Emmett Inc (Symbol: DEI), and Blackstone Mortgage Trust Inc (Symbol: BXMT). Similarly, DEI has 27.30% upside from the recent share price of $16.86 if the average analyst target price of $21.46/share is reached, and analysts on average are expecting BXMT to reach a target price of $29.00/share, which is 18.71% above the recent price of $24.43. iShares U.S. Real Estate ETF IYR $88.78 $100.44 13.14% Life Storage Inc LSI $105.80 $136.09 28.63% Douglas Emmett Inc DEI $16.86 $21.46 27.30% Blackstone Mortgage Trust Inc BXMT $24.43 $29.00 18.71% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Similarly, DEI has 27.30% upside from the recent share price of $16.86 if the average analyst target price of $21.46/share is reached, and analysts on average are expecting BXMT to reach a target price of $29.00/share, which is 18.71% above the recent price of $24.43. Three of IYR's underlying holdings with notable upside to their analyst target prices are Life Storage Inc (Symbol: LSI), Douglas Emmett Inc (Symbol: DEI), and Blackstone Mortgage Trust Inc (Symbol: BXMT). Below is a twelve month price history chart comparing the stock performance of LSI, DEI, and BXMT: Below is a summary table of the current analyst target prices discussed above:
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iShares U.S. Real Estate ETF IYR $88.78 $100.44 13.14% Life Storage Inc LSI $105.80 $136.09 28.63% Douglas Emmett Inc DEI $16.86 $21.46 27.30% Blackstone Mortgage Trust Inc BXMT $24.43 $29.00 18.71% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYR's underlying holdings with notable upside to their analyst target prices are Life Storage Inc (Symbol: LSI), Douglas Emmett Inc (Symbol: DEI), and Blackstone Mortgage Trust Inc (Symbol: BXMT). Similarly, DEI has 27.30% upside from the recent share price of $16.86 if the average analyst target price of $21.46/share is reached, and analysts on average are expecting BXMT to reach a target price of $29.00/share, which is 18.71% above the recent price of $24.43.
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dda272f1-871f-43bc-b5ae-6d210f48d700
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724892.0
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2022-11-17 00:00:00 UTC
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Norges Bank Discloses Large Stake in DEI / Douglas Emmett
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DEI
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https://www.nasdaq.com/articles/norges-bank-discloses-large-stake-in-dei-douglas-emmett
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nan
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nan
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Fintel reports that Norges Bank has filed a 13G form with the SEC disclosing ownership of 8,954,767 shares of Douglas Emmett, Inc. (DEI). This represents 5.09% of the company.
Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu.
Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
What are other large shareholders doing?
First Eagle Investment Management, LLC holds 12,017,010 shares representing 6.84% ownership of the company. In it's prior filing, the firm reported owning 11,164,284 shares, representing an increase of 7.10%. The firm decreased its portfolio allocation in DEI by 8.39% over the last quarter.
State Street Corp holds 9,376,052 shares representing 5.33% ownership of the company. In it's prior filing, the firm reported owning 9,438,167 shares, representing a decrease of 0.66%. The firm decreased its portfolio allocation in DEI by 15.76% over the last quarter.
Wellington Management Group Llp holds 7,760,121 shares representing 4.41% ownership of the company. In it's prior filing, the firm reported owning 7,601,194 shares, representing an increase of 2.05%. The firm decreased its portfolio allocation in DEI by 87.97% over the last quarter.
Bamco Inc /ny/ holds 5,793,220 shares representing 3.30% ownership of the company. In it's prior filing, the firm reported owning 5,812,205 shares, representing a decrease of 0.33%. The firm decreased its portfolio allocation in DEI by 19.67% over the last quarter.
What is the overall institutional sentiment?
There are 664 funds or institutions reporting positions in Douglas Emmett, Inc.. This is a decrease of 6 owner(s) or 0.90%.
Average portfolio weight of all funds dedicated to Douglas Emmett, Inc. is 0.1911%, a decrease of 14.7440%. Total shares owned by institutions increased in the last three months by 3.48% to 202,256,577 shares.
Based on this information, institutional sentiment is bearish.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that Norges Bank has filed a 13G form with the SEC disclosing ownership of 8,954,767 shares of Douglas Emmett, Inc. (DEI). Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. The firm decreased its portfolio allocation in DEI by 8.39% over the last quarter.
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Fintel reports that Norges Bank has filed a 13G form with the SEC disclosing ownership of 8,954,767 shares of Douglas Emmett, Inc. (DEI). Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. The firm decreased its portfolio allocation in DEI by 8.39% over the last quarter.
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Fintel reports that Norges Bank has filed a 13G form with the SEC disclosing ownership of 8,954,767 shares of Douglas Emmett, Inc. (DEI). Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. The firm decreased its portfolio allocation in DEI by 8.39% over the last quarter.
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Fintel reports that Norges Bank has filed a 13G form with the SEC disclosing ownership of 8,954,767 shares of Douglas Emmett, Inc. (DEI). Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu. The firm decreased its portfolio allocation in DEI by 8.39% over the last quarter.
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6b1badd5-d169-4aca-b959-83b0d6b8fa57
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724893.0
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2022-11-17 00:00:00 UTC
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Douglas Emmett (DEI) Passes Through 7% Yield Mark
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-passes-through-7-yield-mark
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.12), with the stock changing hands as low as $15.90 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 7% would appear considerably attractive if that yield is sustainable. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 7% annual yield.
Free Report: Top 8%+ Dividends (paid monthly)
Click here to find out which 9 other dividend stocks just recently went on sale »
Also see:
ARI Price Target
UTL Average Annual Return
TTEK shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.12), with the stock changing hands as low as $15.90 on the day. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 7% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.12), with the stock changing hands as low as $15.90 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 7% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.12), with the stock changing hands as low as $15.90 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 7% annual yield.
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Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.12), with the stock changing hands as low as $15.90 on the day. Douglas Emmett Inc (Symbol: DEI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In the case of Douglas Emmett Inc, looking at the history chart for DEI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 7% annual yield.
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572072ce-a53b-4f44-905a-e7860b02a0a9
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724894.0
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2022-11-03 00:00:00 UTC
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Douglas Emmett (DEI) Matches Q3 FFO Estimates
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-matches-q3-ffo-estimates
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nan
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nan
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.48 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this real estate investment trust would post FFO of $0.51 per share when it actually produced FFO of $0.51, delivering no surprise.
Over the last four quarters, the company has not been able to surpass consensus FFO estimates.
Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $253.66 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 1.47%. This compares to year-ago revenues of $238.24 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Douglas Emmett shares have lost about 48.2% since the beginning of the year versus the S&P 500's decline of -21.1%.
What's Next for Douglas Emmett?
While Douglas Emmett has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Douglas Emmett: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.52 on $255.95 million in revenues for the coming quarter and $2.05 on $991.77 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, National Health Investors (NHI), has yet to report results for the quarter ended September 2022. The results are expected to be released on November 8.
This health care real estate investment trust is expected to post quarterly earnings of $1.05 per share in its upcoming report, which represents a year-over-year change of -8.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
National Health Investors' revenues are expected to be $70.67 million, down 4.3% from the year-ago quarter.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
National Health Investors, Inc. (NHI): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, in line with the Zacks Consensus Estimate. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, in line with the Zacks Consensus Estimate. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $253.66 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 1.47%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, in line with the Zacks Consensus Estimate. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $253.66 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 1.47%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.51 per share, in line with the Zacks Consensus Estimate. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Over the last four quarters, the company has not been able to surpass consensus FFO estimates.
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144f1019-384e-441c-a2d8-2e3631fc6d2b
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724895.0
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2022-11-02 00:00:00 UTC
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Summit Hotel Properties (INN) Meets Q3 FFO Estimates
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DEI
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https://www.nasdaq.com/articles/summit-hotel-properties-inn-meets-q3-ffo-estimates
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nan
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nan
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Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this real estate investment trust specializing in higher end hotels would post FFO of $0.29 per share when it actually produced FFO of $0.27, delivering a surprise of -6.90%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
Summit Hotel Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $178.25 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.47%. This compares to year-ago revenues of $110.69 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Summit Hotel Properties shares have lost about 11.8% since the beginning of the year versus the S&P 500's decline of -19.1%.
What's Next for Summit Hotel Properties?
While Summit Hotel Properties has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Summit Hotel Properties: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.23 on $169.47 million in revenues for the coming quarter and $0.88 on $672.01 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 45% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Douglas Emmett (DEI), is yet to report results for the quarter ended September 2022. The results are expected to be released on November 3.
This real estate investment trust is expected to post quarterly earnings of $0.51 per share in its upcoming report, which represents a year-over-year change of +6.3%. The consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level.
Douglas Emmett's revenues are expected to be $249.98 million, up 4.9% from the year-ago quarter.
Just Released: Zacks Unveils the Top 5 EV Stocks for 2022
For several months now, electric vehicles have been disrupting the $82 billion automotive industry. And that disruption is only getting bigger thanks to sky-high gas prices. Even titans in the financial industry including George Soros, Jeff Bezos, and Ray Dalio have invested in this unstoppable wave. You don't want to be sitting on your hands while EV stocks break out and climb to new highs. In a new free report, Zacks is revealing the top 5 EV stocks for investors. Next year, don't look back on today wishing you had taken advantage of this opportunity.
>>Send me my free report revealing the top 5 EV stocks
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Summit Hotel Properties, Inc. (INN): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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One other stock from the same industry, Douglas Emmett (DEI), is yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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One other stock from the same industry, Douglas Emmett (DEI), is yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Summit Hotel Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $178.25 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.47%.
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One other stock from the same industry, Douglas Emmett (DEI), is yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Summit Hotel Properties (INN) came out with quarterly funds from operations (FFO) of $0.25 per share, in line with the Zacks Consensus Estimate.
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One other stock from the same industry, Douglas Emmett (DEI), is yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Summit Hotel Properties, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $178.25 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.47%.
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076cbc25-d9b8-41fe-9836-0866710ac4b8
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724896.0
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2022-11-02 00:00:00 UTC
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What's in Store for W. P. Carey (WPC) This Earnings Season?
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DEI
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https://www.nasdaq.com/articles/whats-in-store-for-w.-p.-carey-wpc-this-earnings-season-0
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nan
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nan
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W. P. Carey Inc. WPC is set to report third-quarter 2022 results on Nov 4 before market open. Both its quarterly revenues and funds from operations (FFO) per share are likely to have witnessed year-over-year growth.
In the last reported quarter, this New York-based net lease REIT delivered a surprise of 1.55% for the adjusted FFO per share.
Over the trailing four quarters, W. P. Carey’s adjusted FFO per share surpassed estimates on three occasions and missed the same on the other, the average surprise being 2.36%. The graph below depicts the surprise history of the company:
W.P. Carey Inc. Price and EPS Surprise
W.P. Carey Inc. price-eps-surprise | W.P. Carey Inc. Quote
This diversified net lease REIT specializes in sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties. WPC focuses on investing in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties, mainly in the United States and Northern and Western Europe.
W. P. Carey is poised to benefit from its portfolio of operationally-critical commercial real estate, which it leases back to creditworthy tenants on a long-term basis with built-in rent escalators. Having contractual rent escalators covering nearly the entire portfolio is a saving grace in the current inflationary environment and indicates credit strength.
WPC is also focused on capitalizing on accretive investment opportunities. These investments come as part of the company’s external growth strategy and diversified approach.
The third quarter has been notable for the company, with W. P. Carey completing the $2.7 billion merger with Corporate Property Associates 18 - Global Incorporated ("CPA:18"). For WPC, the move added a well-diversified and high-quality net lease portfolio, aiding certain portfolio metrics. Per the company, this merger was immediately accretive to the real estate adjusted FFO per share, offsetting the pre-merger income earned from managing CPA:18.
Amid these, the Zacks Consensus Estimate for the company’s third-quarter revenues is pegged at $378.91 million, indicating a 16.32% increase from the prior-year quarter.
The consensus estimate for lease revenues for the third quarter is currently pegged at $346.74 million, ahead of the prior-year quarter figure of $314.19 million.
The Zacks Consensus Estimate for revenues from real estate ownership is presently pegged at $374.89 million, up from the $320.84 reported in the year-ago quarter. However, the consensus estimate for asset management revenues stands at $1.40 million, lower than the prior-year period’s reported figure of $3.87 million.
However, the choppiness in the economy and the rising geopolitical tension and its impact on economic activity might affect the demand for several real estate, and W. P. Carey’s portfolio is not immune to such impacts. Hence, while WPC’s third-quarter results are likely to reflect gains from its high-quality diversified portfolio and strategic investments, choppiness in certain real estate categories is likely to have been a concern.
W. P. Carey’s activities during the quarter under review were not adequate to secure analysts’ confidence. The consensus estimate for the quarterly FFO per share has remained unrevised at $1.29 in a month. However, it suggests a 4.03% increase year over year.
Here Is What Our Quantitative Model Predicts:
Our proven model does not conclusively predict a surprise in terms of FFO per share for W. P. Carey this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an FFO beat. However, that’s not the case here.
W. P. Carey currently carries a Zacks Rank #4 (Sell) and has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Performance of Notable REITs
Prologis, Inc. PLD reported a third-quarter 2022 core FFO per share of $1.73, which beat the Zacks Consensus Estimate. The figure jumped a whopping 66.4% from the year-ago quarter’s $1.04. Prologis' results reflected healthy leasing activity with solid rent growth. The bottom line also improved.
Alexandria Real Estate Equities, Inc. ARE reported a third-quarter 2022 adjusted FFO per share of $2.13, surpassing the Zacks Consensus Estimate by a cent. The reported figure also compared favorably with the year-ago quarter’s $1.95. Alexandria Real Estate Equities' results reflected decent leasing activity and rental rate growth during the quarter.
Upcoming Release
Here is a stock from the REIT sector — Douglas Emmett, Inc. DEI — that you may want to consider as our model shows that this has the right combination of elements to report a surprise this quarter.
Douglas Emmett, scheduled to report third-quarter earnings on Nov 3, currently has an Earnings ESP of +0.65% and carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs.
Just Released: Zacks Unveils the Top 5 EV Stocks for 2022
For several months now, electric vehicles have been disrupting the $82 billion automotive industry. And that disruption is only getting bigger thanks to sky-high gas prices. Even titans in the financial industry including George Soros, Jeff Bezos, and Ray Dalio have invested in this unstoppable wave. You don't want to be sitting on your hands while EV stocks break out and climb to new highs. In a new free report, Zacks is revealing the top 5 EV stocks for investors. Next year, don't look back on today wishing you had taken advantage of this opportunity.
>>Send me my free report revealing the top 5 EV stocks
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Prologis, Inc. (PLD): Free Stock Analysis Report
Alexandria Real Estate Equities, Inc. (ARE): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
W.P. Carey Inc. (WPC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Upcoming Release Here is a stock from the REIT sector — Douglas Emmett, Inc. DEI — that you may want to consider as our model shows that this has the right combination of elements to report a surprise this quarter. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report WPC focuses on investing in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties, mainly in the United States and Northern and Western Europe.
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Upcoming Release Here is a stock from the REIT sector — Douglas Emmett, Inc. DEI — that you may want to consider as our model shows that this has the right combination of elements to report a surprise this quarter. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Performance of Notable REITs Prologis, Inc. PLD reported a third-quarter 2022 core FFO per share of $1.73, which beat the Zacks Consensus Estimate.
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Upcoming Release Here is a stock from the REIT sector — Douglas Emmett, Inc. DEI — that you may want to consider as our model shows that this has the right combination of elements to report a surprise this quarter. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report The Zacks Consensus Estimate for revenues from real estate ownership is presently pegged at $374.89 million, up from the $320.84 reported in the year-ago quarter.
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Upcoming Release Here is a stock from the REIT sector — Douglas Emmett, Inc. DEI — that you may want to consider as our model shows that this has the right combination of elements to report a surprise this quarter. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report In the last reported quarter, this New York-based net lease REIT delivered a surprise of 1.55% for the adjusted FFO per share.
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50d22a78-2cd1-4121-bc7c-2dc3ba16e5f6
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724897.0
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2022-11-01 00:00:00 UTC
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Healthpeak (PEAK) Meets Q3 FFO Estimates
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DEI
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https://www.nasdaq.com/articles/healthpeak-peak-meets-q3-ffo-estimates
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nan
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nan
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Healthpeak (PEAK) came out with quarterly funds from operations (FFO) of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.40 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.43 per share when it actually produced FFO of $0.44, delivering a surprise of 2.33%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
Healthpeak, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $520.41 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.39%. This compares to year-ago revenues of $481.47 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Healthpeak shares have lost about 34.3% since the beginning of the year versus the S&P 500's decline of -18.8%.
What's Next for Healthpeak?
While Healthpeak has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Healthpeak: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.43 on $523.23 million in revenues for the coming quarter and $1.73 on $2.05 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 43% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended September 2022. The results are expected to be released on November 3.
This real estate investment trust is expected to post quarterly earnings of $0.51 per share in its upcoming report, which represents a year-over-year change of +6.3%. The consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level.
Douglas Emmett's revenues are expected to be $249.98 million, up 4.9% from the year-ago quarter.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Healthpeak Properties, Inc. (PEAK): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended September 2022. Healthpeak, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $520.41 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.39%.
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Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Healthpeak, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $520.41 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 0.39%.
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Douglas Emmett (DEI), another stock in the same industry, has yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Over the last four quarters, the company has surpassed consensus FFO estimates two times.
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336bd411-bf2b-415f-9208-3d40eb775ec9
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724898.0
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2022-10-31 00:00:00 UTC
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What's in Store for Host Hotels (HST) This Earnings Season?
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DEI
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https://www.nasdaq.com/articles/whats-in-store-for-host-hotels-hst-this-earnings-season
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nan
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nan
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Host Hotels & Resorts, Inc. HST is scheduled to release third-quarter 2022 earnings on Nov 2, after market close. HST’s quarterly results will likely highlight year-over-year growth in revenues and funds from operations (FFO) per share.
In the previous quarter, the Bethesda, MD-based lodging real estate investment trust (REIT) delivered a surprise of 18.37% in terms of adjusted FFO per share. Results reflect better-than-anticipated top-line growth, mainly driven by leisure travel with strong rates at resort properties. Additionally, urban markets witnessed an increase in group demand sequentially.
Over the trailing four quarters, Host Hotels’ adjusted FFO per share surpassed estimates on all occasions, the average beat being 48.12%. The graph below depicts this surprise history:
Host Hotels & Resorts, Inc. Price and EPS Surprise
Host Hotels & Resorts, Inc. price-eps-surprise | Host Hotels & Resorts, Inc. Quote
Factors at Play
With the pandemic’s impact waning, lodging REITs like Host Hotels HST are experiencing a rise in demand for their properties. Also, business transient and group demand in the urban markets have been improving on the back of return-to-office policies implemented by companies.
Host Hotels’ well-located properties in markets with strong demand drivers like central business districts of main cities, close to airports and in resort/conference destinations are likely to have benefited from this positive trend in the third quarter.
Also, the continued strength in the Sunbelt markets, where the company has a strong presence, is anticipated to have driven the demand for its properties.
The Zacks Consensus Estimate for RevPAR stands at $191.6, indicating a jump of 92.2% from the year-ago quarter’s reported figure of $99.7. The same for average occupancy rate is pegged at 72%, suggesting a considerable improvement from the prior-year quarter’s reported figure of 42.1%.
HST’s capital-recycling efforts are anticipated to have aided the company’s acquisition and development activities during the quarter. Further, these efforts are likely to have relieved the pressure on its balance sheet.
The Zacks Consensus Estimate for HST’s third-quarter revenues is presently pegged at $1.17 billion, implying growth of 38.5% from the prior-year period’s reported figure of $844 million.
However, seasonality and changing market and business mix might have limited the company’s growth tempo to a certain extent during the quarter.
Host Hotels’ activities during the third quarter were not adequate to gain analysts’ confidence. The Zacks Consensus Estimate for the FFO per share has been revised 2.5% downward over the past week to 39 cents. Nonetheless, on a year-over-year basis, it indicates a whopping jump of 95%.
Earning Whispers
Host Hotels has the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or higher — for increasing the odds of a beat.
Earnings ESP: Host Hotels has an Earnings ESP of +0.71%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Host Hotels currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Other Stocks That Warrant a Look
Here are some other stocks that are worth considering from the REIT sector, as our model shows that these, too, have the right combination of elements to deliver a surprise this reporting cycle:
Public Storage PSA is slated to report quarterly numbers on Nov 1. PSA has an Earnings ESP of +1.34% and carries a Zacks Rank of 3.
Extra Space Storage EXR is scheduled to report quarterly figures on Nov 1. EXR has an Earnings ESP of +1.31% and a Zacks Rank of 3 presently.
Douglas Emmett DEI is scheduled to report quarterly figures on Nov 3. DEI has an Earnings ESP of +0.65% and a Zacks Rank of 3 currently.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Note: Anything related to earnings presented in this write-up represent funds from operations (FFO) — a widely used metric to gauge the performance of REITs.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Host Hotels & Resorts, Inc. (HST): Free Stock Analysis Report
Public Storage (PSA): Free Stock Analysis Report
Extra Space Storage Inc (EXR): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Douglas Emmett DEI is scheduled to report quarterly figures on Nov 3. DEI has an Earnings ESP of +0.65% and a Zacks Rank of 3 currently. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
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Douglas Emmett DEI is scheduled to report quarterly figures on Nov 3. DEI has an Earnings ESP of +0.65% and a Zacks Rank of 3 currently. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
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Douglas Emmett DEI is scheduled to report quarterly figures on Nov 3. DEI has an Earnings ESP of +0.65% and a Zacks Rank of 3 currently. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
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Douglas Emmett DEI is scheduled to report quarterly figures on Nov 3. DEI has an Earnings ESP of +0.65% and a Zacks Rank of 3 currently. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
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75aca390-f743-47a0-a0f9-fe4529c1e1ab
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724899.0
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2022-10-19 00:00:00 UTC
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Rexford Industrial (REXR) Q3 FFO and Revenues Top Estimates
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DEI
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https://www.nasdaq.com/articles/rexford-industrial-rexr-q3-ffo-and-revenues-top-estimates
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nan
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nan
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Rexford Industrial (REXR) came out with quarterly funds from operations (FFO) of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to FFO of $0.43 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 4.17%. A quarter ago, it was expected that this industrial real estate investment trust would post FFO of $0.48 per share when it actually produced FFO of $0.49, delivering a surprise of 2.08%.
Over the last four quarters, the company has surpassed consensus FFO estimates four times.
Rexford Industrial, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $162.75 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 2.90%. This compares to year-ago revenues of $115.4 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Rexford Industrial shares have lost about 34.7% since the beginning of the year versus the S&P 500's decline of -22%.
What's Next for Rexford Industrial?
While Rexford Industrial has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Rexford Industrial: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $0.49 on $164.31 million in revenues for the coming quarter and $1.93 on $612.25 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2022. The results are expected to be released on November 3.
This real estate investment trust is expected to post quarterly earnings of $0.51 per share in its upcoming report, which represents a year-over-year change of +6.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Douglas Emmett's revenues are expected to be $249.98 million, up 4.9% from the year-ago quarter.
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Rexford Industrial Realty, Inc. (REXR): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
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Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2022. Rexford Industrial, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $162.75 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 2.90%.
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Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Rexford Industrial (REXR) came out with quarterly funds from operations (FFO) of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share.
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Another stock from the same industry, Douglas Emmett (DEI), has yet to report results for the quarter ended September 2022. Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Rexford Industrial (REXR) came out with quarterly funds from operations (FFO) of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share.
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