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725000.0
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2020-02-27 00:00:00 UTC
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Oversold Conditions For Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/oversold-conditions-for-douglas-emmett-dei-2020-02-27
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $39.17 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 21.3. A bullish investor could look at DEI's 29.3 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. The chart below shows the one year performance of DEI shares:
Looking at the chart above, DEI's low point in its 52 week range is $38.13 per share, with $45.59 as the 52 week high point — that compares with a last trade of $39.19.
Find out what 9 other oversold stocks you need to know about »
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 Thursday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $39.17 per share. A bullish investor could look at DEI's 29.3 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $38.13 per share, with $45.59 as the 52 week high point — that compares with a last trade of $39.19.
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A bullish investor could look at DEI's 29.3 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $38.13 per share, with $45.59 as the 52 week high point — that compares with a last trade of $39.19. In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $39.17 per share.
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In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $39.17 per share. A bullish investor could look at DEI's 29.3 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $38.13 per share, with $45.59 as the 52 week high point — that compares with a last trade of $39.19.
|
In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $39.17 per share. A bullish investor could look at DEI's 29.3 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $38.13 per share, with $45.59 as the 52 week high point — that compares with a last trade of $39.19.
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527a63de-ea3e-4174-ad59-58cfe6035b81
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725001.0
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2020-02-13 00:00:00 UTC
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Douglas Emmett Inc (DEI) Q4 2019 Earnings Call Transcript
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-q4-2019-earnings-call-transcript-2020-02-13
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nan
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nan
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Image source: The Motley Fool.
Douglas Emmett Inc (NYSE: DEI)
Q4 2019 Earnings Call
Feb 12, 2020, 2:00 p.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call. Today's call is being recorded.
[Operator Instructions]
After management's prepared remarks, you will receive instructions for participating in the question-and-answer session. I will now turn the conference over to Stuart McElhinney, Vice President of Investor Relations for Douglas Emmett. Please go ahead.
Stuart McElhinney -- Vice President of Investor Relations
Thank you. Joining us today on the call are Jordan Kaplan, our President and CEO, Kevin Crummy our CIO and Peter Seymour, our CFO. This call is being webcast live from our website and will be available for replay during the next 90 days. You can also find our earnings package at the Investor Relations section of our website. You can find reconciliations of non-GAAP financial measures discussed during today's call in the earnings package. During the course of this call, we will make forward-looking statements. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to us. Our actual results will be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will prove to be incorrect. Therefore, our actual future results can be expected to differ from our expectations, and those differences may be material. For a more detailed description of some potential risks, please refer to our SEC filings, which can be found in the Investor Relations section of our website. When we reach the question and answer portion, in consideration of others, please limit yourself to one question and one follow up.
I will now turn the call over to Jordan.
Jordan L. Kaplan -- President & Chief Executive Officer
Good morning, everyone. Thank you for joining us. A successful fourth quarter capped off a very strong year and a great decade for Douglas Emmett. During 2019, we grew our FFO by 6.3%, our AFFO by 18%. Our same property cash NOI by 7.5% and raised our dividend by 8%. The straight-line value of our office leases signed during the year was 28% greater than the prior leases for the same space. We significantly strengthened our balance sheet during the year, refinancing approximately $2 billion of debt, which added almost five years to that debt average term. At year-end, we had no floating rate debt and no maturities before 2023. Our weighted average interest rate is only 3% and our pool of unencumbered assets has increased to 41% of our office portfolio. We purchased a fantastic multifamily asset in Westwood and completed a very successful lease-up of our first multifamily development in Honolulu.
Taking a moment to reflect back on the entire decade. We grew our office portfolio by 38% from 13.3 million to 18.3 million square feet. We grew our multifamily portfolio by 45% to over 4,000 units. We grew our FFO per share by 65% and our AFFO per share by 95%. As a result, our total shareholder return for the decade was 304%, 45% higher than the RMS Index and more than double the SNL US Office REIT Index. Sustainability remains a key commitment for us. In 2019, we reduced our electrical usage per square foot by another 2%. This is our 12th consecutive year of reductions, bringing our total savings to more than 22%. As most of you know, there was a fire last month at our Barrington Plaza apartment property. We currently expect that our insurance will cover our damages.
Looking ahead, Douglas Emmett has never been better positioned. Our balance sheet is stronger than ever, our supply constrained markets continue to have robust tenant demand from a diverse set of industries and our unique operating platform, dominant market share and development opportunities have us very excited about growth in 2020 and the decades ahead.
Now, I'll turn the call over to Kevin.
Kevin A. Crummy -- Chief Investment Officer
Thanks, Jordan, and good morning everyone. In November, we acquired 16% of the equity in one of our unconsolidated funds, which owns six Class A office properties, totaling 1.5 million square feet in our submarkets. The net purchase price was approximately $91 million which we paid through a combination of cash and operating partnership units. We now own 89% of the equity in what will be treated as a consolidated JV. As George mentioned, we completed a successful lease-up of our 500 unit Moanalua development this year.
Our two multifamily development projects in construction are also progressing well. In Brentwood, we remain on track with the construction of our 376 unit high-rise apartment tower which when completed will be one of the most exceptional residential developments in Los Angeles. In Honolulu, we are developing hundred apartment units at our office conversion project. We are currently building out four floors and expect to deliver those units in 2020. In addition to the growth from our development efforts, we expect more acquisition opportunities in our submarkets in 2020.
With that, I will now turn the call over to Stuart.
Stuart McElhinney -- Vice President of Investor Relations
Thanks Kevin. Good morning everyone. In Q4, we signed 178 office leases, covering 791,000 square feet including 326,000 square feet of new leases. Leasing spreads for the fourth quarter were 28.6% for straight-line rent roll-up and 8.6% for cash roll-up. We increased the lease rate for our total office portfolio to 93.3% and our occupancy to 91.4%. We were pleased to see that the lease rate in Warner Center moved up 220 basis points from a year ago and our Hawaii portfolio occupancy finished the year at 94.3%. For all 2019, we achieved straight-line rent roll-up of 28% and cash rent roll up of 10%.
On the multifamily side, our portfolio remains fully leased at quarter end. Over the past year, we have increased our multifamily portfolio by 16% 566 units, while increasing our monthly rent per unit by 6.3%. Before I turn the call over to Peter, we'd like to address the split role initiative expected to be on the November ballot. For those of you who are not focused on California, split roll is the term used to describe the ballot initiative to have commercial but not residential property reassessed every three years for property tax purposes. Under current law, property taxes for all property types are increased upon sale and increases are limited to 2% thereafter. Proposition 13 is very popular. All prior attempts to weaken Prop 13 have failed and we feel that this initiative will also be rejected. Indeed even before the substantial voter education program has started, nonpartisan polls show only 46% support for split role.
Despite the low likelihood of passage, some of you have asked about the potential financial impact to Douglas Emmett. There are just too many variables and unknowns to quantify an impact at this time. In addition, it is a highly political issue and speculation it's not productive. Having said that, we can provide some observations. All properties in California already get reassessed on a sale, so split role is not expected to impact asset pricing, NAV or sales transactions. The county assessors who are responsible for valuations have said that they would not have sufficient resources and it would not be practical to implement split role. Although the rules involved or not clear, buildings with small tenants, which we think should include most of our buildings would not even be subject to reassessment until mid-2025. Virtually all of our LA office leases require tenants to reimburse us for expense increases. Moreover, some analysts expect that split role will trigger rent increases to transfer some or all of the burden to tenants.
I'll now turn the call over to Peter to discuss our results.
Peter D. Seymour -- Chief Financial Officer
Thanks, Stuart. Good morning, everyone. We are pleased with our Q4 results. Compared to a year ago, in the fourth quarter of 2019, we increased revenues by 7.8%. We increased FFO 7% to $110 million or $0.54 per share. We increased AFFO 12.8% to $91 million. We increased our same property cash NOI by 7.3%. For all of 2019, we increased revenues by 6.3%. We increased FFO 6.3% to $425 million or $2.10 per share. We increased AFFO 18% to $365 million. We increased our same property cash NOI by 7.5%. At only 4% of revenues, our G&A for the fourth quarter remains well below that of our benchmark group.
As Kevin mentioned, we increased our stake in one of our previously unconsolidated funds to 89%. And data is presented on a consolidated basis as of November 21st. The effect of this transaction included recording a gain on our investment of about $308 million, which affects net income but not FFO. Finally, turning to guidance, we are assuming same property cash NOI growth will be between 4.5% and 5.5% and the average office occupancy will be between 90% and 91%. Overall, we expect 2020 FFO of between $2.23 and $2.29 per share. As usual, our guidance does not assume the impact of future acquisitions, dispositions or financings. For more information on the assumptions underlying our guidance, please refer to the schedule in the earnings package.
I will now turn the call over to the operator, so we can take your questions.
Questions and Answers:
Operator
Thank you. We will now begin the question-and-answer session. [Operator Instructions] And today's first question comes from Jason Green with Evercore. Please go ahead.
Jason Green -- Evercore -- Analyst
Hi, good morning. Just curious what you're seeing on the rent growth side from Hawaii office. We're hearing that year-over-year rent growth could be in the 20% to 30% range and just curious of that lines up with what you're seeing?
Jordan L. Kaplan -- President & Chief Executive Officer
Hey, Jason. Yes, look, there's a lot of things going on downtown that have been very good for that market, not just what we're doing with our conversion project there. We had Hawaii Electric just signed a large lease down there for almost 200,000 square feet to consolidate their space, like Pacific University also took almost 100,000 feet downtown recently. So a lot of things putting pressure on that market and rents are definitely moving up.
Jason Green -- Evercore -- Analyst
Got it. And then just on the multifamily cash NOI going negative in the quarter. I guess, what should we read into there? Is that purely a function of same-store occupancy dipping or is there another component that we should be thinking about?
Peter D. Seymour -- Chief Financial Officer
Hi, it's Peter. Look, we always have some noise quarter to quarter. We had reasonable first three quarters. We're disappointed with this quarter. The issues are concentrated on a couple of properties and we're focused on improving those results.
Jason Green -- Evercore -- Analyst
Got it. Thank you very much.
Peter D. Seymour -- Chief Financial Officer
Thanks.
Operator
And our next question today comes from Alexander Goldfarb, Piper Sandler. Please go ahead.
Alexander Goldfarb -- Piper Sandler -- Analyst
Hey, good morning out there. So, definitely appreciate you guys being upfront on the Prop 13. But just sort of curious as you're seeing the opposition to the split role build. Are you seeing it more come from the business community given it would seem like they would obviously shoulder huge burden of this or are you seeing most of the opposition being driven by the real estate industry?
Kevin A. Crummy -- Chief Investment Officer
It's really broad based opposition and thanks for pointing that out. Yes, the business community I think it's going to come out in a big way against this, you have a lot of large landowners in the state that have owned land here for a long time. So it's not the real estate companies that have to be on the front lines of this thankfully. We'll have broad opposition base.
Jordan L. Kaplan -- President & Chief Executive Officer
I'd like to add, I think you're actually already even seeing homeowners say, forget about it, I don't want to hear any trickery about modifying Prop 13. So I've actually heard a lot of homeowners say I already know I'm against that, that what you wouldn't classify as business owner, real estate owner or whatever.
Alexander Goldfarb -- Piper Sandler -- Analyst
Okay. And then on the acquisition front, just as you guys are looking at what's brewing for this year, do you think that you will, there is a potential to add to your multifamily in Hawaii or do you think most of your acquisition activity will be in LA?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, I think in the multifamily side, the challenge in Hawaii is, there just aren't that many large projects that are institutional. So that -- we're adding to the portfolio there through the 1132 conversion. And the acquisition pipeline in LA is, it's looking pretty good. We, I think I mentioned last call that we were looking at a couple OP unit deals and those tend to take a little longer, they're harder to make, you are dealing with long-standing partnerships, sometimes multiheaded decision making. So -- but I feel pretty good about the pipeline.
Alexander Goldfarb -- Piper Sandler -- Analyst
Thank you.
Operator
And our next question today comes from Craig Mailman at KeyBanc Capital Markets. Please go ahead.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Hey guys, just curious, I appreciate the comments on the Barrington and the insurance coverage. But if the City Council were to kind of get rid of the exemption on some of these older vintage buildings, not having sprinklers, I mean how much could that cost you guys in CapEx and kind of downtime in some of these buildings?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, let's start out with, we would appreciate that. So we want to sprinkler the buildings, we want to sprinkler the buildings for a long time, and we've been sort of trapped between conflicting rules coming out of the city in terms of to actually sprinkler the buildings what you have to do and then some of the housing ordinances. So they -- just to figure out what the cost would be, we would need to know what did they put in place that allowed us to do it because that could cause things to bear a lot. They put something in place that makes it cost effective, and I suspect in the end, they will. I hope they will, then it would be probably all around a good thing to do. If they should put something together that's so expensive, that still doesn't make any sense and there is no way to really get there in any kind of reasonable way, then they will still have problems getting people to do it.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Then just second on the acquisitions. Just curious, is everything that you guys are looking at kind of new properties to the portfolio or could there be more kind of increased ownership of some of the JVs?
Jordan L. Kaplan -- President & Chief Executive Officer
They're both on -- both could happen. That's a great question. But both could happen.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
All right, thanks.
Operator
Our next question today comes from John Guinee of Stifel. Please go ahead.
John Guinee -- Stifel -- Analyst
Great. A couple of questions. First, the $308 million gain on the consolidation of the JV portfolio, does that trigger the need to do a 1031 Exchange or a special dividend? That's one question. Second question, deal traded in Warner Center 513,000 square foot campus at Warner Center. Any thoughts on that trade? And then the third question is, can you -- just for the first time in a while, a lot of product under construction in West LA including say the west edge at Olympic and Bundy, can you talk a little bit about the new product under construction in your backyard?
Kevin A. Crummy -- Chief Investment Officer
Okay. So the first answer to the first question is, that's just a GAAP accounting gain that you're required to do when you consolidate. No tax impact and it's stripped out also for AFFO, FFO and all of that. So that's, I don't -- I almost want to say unfortunate that it has to run through our income statement, but it does and that's just the impact of consolidating. Second one on Warner Center. That hasn't closed yet. So, we will let that one play out. I'm not going to comment on other people's deals. And the third one, regarding the new construction, John, most of the new supply has been in markets that are adjacent to ours. So you've got some things going on in Hollywood and in Culver City, you've got Google's campus, which is in the Westside Pavilion which is now called One Westside, which is 100% leased. I think the project that you're referring to is the Martin Cadillac site. And that's a mixed-use project that's primarily multifamily with a small office component and a retail component to it.
Jordan L. Kaplan -- President & Chief Executive Officer
I think it's got supermarket, mostly multifamily and very small amount of office. It wouldn't click in my mind as something that we would say was a big-off competitor and the whole Westside needs more multifamily. More multifamily whether we're doing it or someone else is doing it is good.
John Guinee -- Stifel -- Analyst
Great. Thank you.
Jordan L. Kaplan -- President & Chief Executive Officer
Thanks.
Operator
And our next question today comes from Nick Yulico of Scotiabank. Please go ahead.
Nick Yulico -- Scotiabank -- Analyst
Thanks. Just looking at the lease expiration schedule over the next four quarters, you have higher than normal in the Westside in the fourth quarter of this year, over 500,000 square feet. Can you just describe weather that includes some sizable tenants and kind of how the conversations are going on that space?
Kevin A. Crummy -- Chief Investment Officer
Yes Nick, no, it's not one or two very large leases, it's spread across the portfolio with a number of leases. So pretty normal for us, nothing unusual and we're actively working on those renewal discussions and feel good about how those are going.
Nick Yulico -- Scotiabank -- Analyst
Okay. And then, just another question on Honolulu. Can you give us a feel for how this is working from an accounting standpoint, taking -- going from an office to the multifamily building? I mean is the entire building being capitalized right now and is it possible to get a feel for the NOI of that building as an office building? So if we were to just value it separately as a multi-building, we could do that?
Kevin A. Crummy -- Chief Investment Officer
From an accounting standpoint, as -- we are doing this in phases, right? So it's going to be, we're maintaining office tenants on many of the floors throughout this project and then as we complete the residential units, those will come online and begin to roll through the multifamily side of our P&L. We do began accelerated depreciation on the floors that we plan to demo. So those will start running through or have started to run through depreciation.
Jordan L. Kaplan -- President & Chief Executive Officer
Yes, I think -- so if you're saying the income and expense of the office building still run or income statement, the answer is yes. And I think where the impact is, which Peter just mentioned has more to do with, when you make a conversion like this, but the sale all runs through depreciation. So I don't think you're seeing it in our -- in any of our FFO, AFFO numbers but you write off chunks of the building that now being converted over and you capitalize what you're spending to turn into an apartment. But the operations of it as an office building and by the way, when we start running the units as apartment buildings, will flow through our income statement.
Nick Yulico -- Scotiabank -- Analyst
Right. And then is it possible just to get a feel for the ballpark, what the NOI of the building is from an office standpoint? So if you want to take it out from an NAV standpoint and just value it as a future apartment building, we can do that?
Jordan L. Kaplan -- President & Chief Executive Officer
Not easily. No. I mean it's not -- we don't typically take single buildings and say here's what's going on in the building, other than when we buy it. We have tried to get some numbers and thoughts about what kind of returns we think we'll get out of that process, and we've said in the past -- what we said in the past is we think in general we will be developing the building, including whatever value and everyone could subscribe to different values, but whatever value you want to subscribe to the building as it is now, and then what we have to spend to convert it to an apartment building, we think we'll be developing it out say an apartment building at an acceptable, not a knock out of the park but an acceptable developer cap rate for an apartment building.
Nick Yulico -- Scotiabank -- Analyst
Okay. I mean, I guess the $80 million to $100 million that you have on construction costs, I mean what is the, I guess what is the return we should think about on that, as we're getting to a multifamily type of NOI for that building?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, OK, so I don't want to get into valuing individual buildings. But I will say the return on that simple number would be extraordinary. But that's not probably the way it should be calculated. The way it should be calculated is what's the value office building today, then when we add this money then what all in do we have in it. And then with everything in, now I'm saying to you, I think will be to the acceptable level of apartment development, which is enough [Phonetic], it's a cap rate around 6%. But I mean that wouldn't be on just $80 million to $100 million, that's also saying we have an office building there that has value today. So it's that plus the money that you have to do the cap rate on.
Kevin A. Crummy -- Chief Investment Officer
And of course Nick, the whole reason we started this was to improve the office market down there which -- and we kind of already told you about what's going on with rents in office. So that's going exactly how we hoped or even better frankly.
Nick Yulico -- Scotiabank -- Analyst
All right. Thanks everyone.
Operator
And our next question today comes from Manny Korchman with Citi. Please go ahead.
Manny Korchman -- Citi -- Analyst
Hey, Stuart or Peter, the average office occupancy dip in guidance versus where you ended the year, is there anything specific driving that? Any large tenants moving out or anything like that?
Stuart McElhinney -- Vice President of Investor Relations
Well, as you said, it is as an assumption for the average for the year. We generally have more explorations impact in Q1 in any given year versus the remaining quarters of the year. So we do expect an early debt this year and then we should be making good progress over the rest of the year to build back up.
Manny Korchman -- Citi -- Analyst
Thanks. And Stuart, in your opening remarks, I think you commented on Prop 13, you don't anticipate any changes in the transaction market as sold properties in mark-to-market anyway. Is there the potential that that properties will come to market ahead of the proposition being voted on just as people worry about their, may be just not even their cash flow but their conversations with their tenants going into this. So private owners may want to get out and sell to a more institutional owner like yourselves?
Jordan L. Kaplan -- President & Chief Executive Officer
Manny, this is Jordan. That would be such a great day, I can't tell you, but we're not seeing it. I mean we would love that. We're not seeing any uptick in transactions around that proposition which would be a great day if there was but there isn't. And Michael has one as well here.
Manny Korchman -- Citi -- Analyst
Yes, Jordan, just in terms of, and I know you can't expect, sorry isolate how much this could impact, but I guess what percentage of your portfolio is already at market based on all of the deals that you've done, new tenant buildings you've bought?
Jordan L. Kaplan -- President & Chief Executive Officer
That's a hard question to answer for few reasons, one of which is, and I've said this before. Everyone on the outside world thinks this market has nothing to do with market and when it comes to Prop 13. Prop 13 has its own definition and if you read it, you'd be as cross-eyed as you are when you -- when we're looking at the way we do cap rates versus the way the public market does cap rates. So for starters, the number you will come out with is probably a very different number than you guys would think of and then you have -- and as I said you have, I mean, we've continued over the past few years, we've been doing Prop 8s. And I can't -- it's very hard to know, because I don't think that proposition functionally works. It's very hard to know how or what would happen if you ever wanted to postulate that number one to that path, and then someone actually tried to do it. So it's just -- there's just no way to figure out are a real number, you know better as well as anybody what the general growth of that company has been, and all the buildings we bought recently, and I just gave you a quote about how much we've grown the portfolio. And you know that we had a chunk in the IPO. We've added another whatever it was 45% or whatever I said since [Indecipherable]. So you have all that you but you still don't even have the other side, which is where would they come out on those and on all those properties I just mentioned, including IPO properties, we've won Prop 8. Meaning we've won contemporaneously arguments where that we've said your volume was too high. So it's just too hard to figure out where that will come out.
Manny Korchman -- Citi -- Analyst
Right. And I think you framed it right because it's even in implementation, it takes a long time, assessors can't -- don't have the staff yet to do it. And you'll be able to recover a lot under your leases from the tenants. So from a financial impact I think the market may be overreacting that there's this massive FFO disruption. But I think you live in California, and I know, it's beautiful. And I know you're looking at the water and its 80 degrees. Do you think, I get lure of where you live and where your assets are and I'm jealous in the freezing cold. But do you think it leads to, if it does pass because there's polling at 46% that pulling could go up too. I mean, there's some potential even though it's failed every other time, that this is the one that increases out-migration from the state, and therefore growth in tenants is reduced, right. That to me is the bigger risk than the FFO impact, of a couple of pennies here and there.
Jordan L. Kaplan -- President & Chief Executive Officer
Well, I mean, I don't want to get too political on this call. But, I mean, you're on the tip of the iceberg, the stuff that state of California is dealing that creates issues. Now, I'll give you another list of the stuff they're doing that turned us into an incubator state and draws population in. But I mean, Prop 13, the income, your actual personal income tax rate, what's going on with the person, you know, the employment laws, how tough they make it to employ large amounts of people, how hard they are on matured companies that are actually employing a huge amount of middle income people which essentially almost get ejected out of the state, I mean the list goes on. If you're saying is this Prop 13 thing on the long side of it passing? I mean, I assume there's somewhere where the camel -- you break the camel's back, but I thought that when they went to 13% income tax rate, I thought that on the last set of rules that came in to play for the employment thing.
But other than that, it doesn't seem to be happening. I know. And I read the same stuff you do, the very loudness of wealthy people going enough's enough. And they go, I'm making my permanent residents out of state somewhere, wherever they're going. But you know, these are -- you read about, like five different people, you go they're all leaving. It's a state of 40 million people and growing. So if you say here on the ground, if you want to know you're on the ground, here's what we're seeing. We're seeing a light rail that doesn't even seem to have had any impact, the light rails passed, and there's still too many people downtown Santa Monica and all around the west side. We're seeing the population continue to densify. We're seeing a shortage of housing at all level, even expensive housing, medium expensive. So yes, the stuff they're doing should be impacting people saying, enough is enough. But they're not saying enough is enough. There's more people coming in. I'm saying enough's enough. But if you're saying for the whole state, we're not saying that. With this do it, I don't think it's going to pass, and I don't know what the straw is that breaks the camel's back.
Manny Korchman -- Citi -- Analyst
Helpful color. Thanks for taking time.
Operator
And our next question today comes from John Kim of BMO. Please go ahead.
John Kim -- BMO -- Analyst
Thank you. Good morning. Your 2020 earnings guidance includes the impact of the fire at Barrington. But I'm wondering if you could quantify what the impact would have been had you had kept that asset in your same store pool to your same store guidance?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, it's we took it out of same store guidance because we think our loss is going to be insured but what happens is in the insurance, the way the insurance pays and the rules around collecting insurance and accounting around collecting insurance would make the number fluctuate a lot. Like it comes in a completely different way than what you would normally say of apartment doing same store. So we took it out to let it settle out and not because to not have the insurance proceeds worth the same store numbers. Which by the way, normally I would say they literally can work on to the plus and a minus. I mean, it's not biased in one direction or another.
John Kim -- BMO -- Analyst
But the Delta could have been, you would have even fallen below the bottom of the range of your guidance of 4.5% to 5.5%?
Jordan L. Kaplan -- President & Chief Executive Officer
I'll say again, insurance proceeds can have both a positive and negative impact. There's no way to put a range on a same store number when insurance comes in and doesn't come in. It complete can change the number and then you can equally ask the question would it impact that your range was too low? I mean, that's the results you get out of that stuff.
John Kim -- BMO -- Analyst
I agree. Okay. And then Jordan, you gave your views on Prop 13 and Prop 8, I might as well go to Proposition 10. Do you have the same level of confidence in that?
Jordan L. Kaplan -- President & Chief Executive Officer
You want me to give you my whole slate of voting?
John Kim -- BMO -- Analyst
Yes, go through all their propositions. Could you?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, you're talking about the rent control one. I think that's -- there's so little energy behind it. It's kind of a one man one mission thing this guy out in Hollywood, but it was sadly defeated last time. And since then, literally, the state legislator, the governor all got behind the statewide rent control ordinance, which has been put in place I mean, even politicians are saying, hey, come on, you haven't even given our thing, a chance to work. And if the other one came -- kind of on the scene with low support, this one's coming on the same with even lower support with a very little backing and very little energy.
John Kim -- BMO -- Analyst
So you're not feeling the burn?
Jordan L. Kaplan -- President & Chief Executive Officer
No, well, we think about the burn and seeing this election results, but I'm not feeling it when it comes to residential rent control.
John Kim -- BMO -- Analyst
Thank you.
Operator
Our next question today comes from David Rodgers of Baird. Please go ahead.
David Rodgers -- Baird -- Analyst
Hey, guys, wanted to go back to the office occupancy that was asked about earlier understanding that there's a dip in the first quarter but you know, you ended the year I think over 93% lease. So can we dive a little bit more into maybe do you expect to do some more redevelopments which could pressure that number this year? Is it more? Is it fewer retentions? Or is it just kind of slower lease up? What's embedded because you guys have made some pretty good progress in recent quarters in terms of the lease up?
Peter D. Seymour -- Chief Financial Officer
It's Peter. So when you have the kind of lease up that we had a number of new leases that we wrote sort of it automatically implies that you have existing tenants where you'll see some of those move outs. And that's what typically happens in the first quarter. The assumption is not affected by estimates of the impact of redevelopment. This was just the straight, we had very strong leasing year and we normally see bit of a dip in the first quarter, and then we build back up over the course of the year.
David Rodgers -- Baird -- Analyst
Okay, thanks for that. And then let me ask maybe straight about the redevelopment side, Jordan, you've updated us in the past, quick update on kind of where you're at and do you plan to add more assets to that in 2020 from the office on the west side?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, it's definitely kind of we're crawling about in the last year or so, it's mostly done and we're now on to additional assets. And of course, we've moved the Barrington Plaza up on the list and we know that that's certainly a 2020, 2021 project. But that that's a program that has legs for, we didn't roll off those last seven and just say good, we're done and do that, that hand swipe and walk off the table. I mean, we just keep, we're going to be rolling with that for years and years and years. I mean, it's -- until the market really changes words, those which I wish it was more capital, but those made tremendously high returns, those repositions that we're doing. So we're not letting loose of that.
David Rodgers -- Baird -- Analyst
And the volume of activity kind of in 2020 versus 2019, is that pretty similar? Will that be a steady state dollar volume [Phonetic]?
Jordan L. Kaplan -- President & Chief Executive Officer
Yes, dollar volume, yes, number of buildings, I think it's probably fewer buildings and but dollar we're kind of I think we are keeping pretty consistent.
David Rodgers -- Baird -- Analyst
Okay, thank you.
Operator
And the next question today comes from Richard Anderson from SMBC. Please go ahead.
Richard Anderson -- SMBC -- Analyst
Thanks. Good morning out there. So on the Brentwood high-rise development, is that a early 2021 delivery or something like that? And if regardless how much have you spent so far on the call $200 million total cost?
Jordan L. Kaplan -- President & Chief Executive Officer
Rich our construction is going to go all the way through to the end of 2021. And I don't have the number of what we've spent so far, but we can get that to you.
Richard Anderson -- SMBC -- Analyst
One more on that. Is there an ability to -- can you do some sort of sight and seeing type of leasing? Or how do you foresee that asset coming to market? Will there be zero occupancy out of the gate or will there be something much more substantial than that?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, our MHA or recent MHA development, we did have some pre-leasing that happened before the thing even opened, there was a lot of interest in that. I suspect this will be the same, this is going to be kind of an iconic high rise, new high rise on the west side we haven't seen in a long time. So I suspect there'll be strong interest and we'll hopefully have a waiting list or do be able to do some pre-leasing before it opens.
Richard Anderson -- SMBC -- Analyst
Okay. And then looking back at your guidance for same store was 5% to 6%, you ended up 7.5% I think this year, so good beat, beat and raise type of year. This year 4.5% to 5.5%. Is there anything about how 2020 looks versus 2019 that would preclude a similar type of event or is there something that maybe would get in the way of your ability to sort of see your internal growth profile improve over the course of the year.
Jordan L. Kaplan -- President & Chief Executive Officer
I mean, I don't want to limit our upside. We're trying to get you a reasonable range going into the year. I mean, every year we work to beat all our numbers. And I think that, you know, certainly we hope to beat these numbers too. But I also think the range we gave us a reasonable range for what we see going into the year.
Richard Anderson -- SMBC -- Analyst
Okay, good. That's all I got. Thanks.
Operator
Our next question today comes from Glenn Heck at Wells Fargo. Please go ahead.
Glenn Heck -- Wells Fargo -- Analyst
Hey, thanks. Just following up on that last question. So you guys had a great quarter from a cash same store NOI perspective, mostly driven by a 6.5% increase in cash revenues. Can you just talk about the drivers of that growth so I know you've got some occupancy growth in there and rent growth has been strong, but it seems like the burn off of free rent must have been a big driver. I guess is that right? And if so, should we expect cash and gap same store NOI to sort of converge in the next few quarters? Or does that cash benefit from you know that free rent burn off stick around for a while?
Jordan L. Kaplan -- President & Chief Executive Officer
I don't think we, I haven't heard and to be fair, we haven't gone in and analyzed exactly that point. But I haven't heard any discussion that the same store growth came from free rent burn off. I think it comes from just very strong fundamentals, fundamentals in leasing and that is converted to occupancy and fundamentals in rental rate growth and getting higher bumps and leases and all the stuff that, hopefully drives that. I mean, there's always another half of the equation which is what are you comparing to, the fourth quarter of last year whatever. I think, when you go not noisy past to not noisy current is when you get your best and fairest comparison. Sometimes, we've had wildly swinging numbers because we've had prior years that were noisy. So the comparison got [Indecipherable]. I think it was not noisy than not noisy. So it was just a comparison of fundamentals.
Glenn Heck -- Wells Fargo -- Analyst
Okay. Just seems like the I guess the 5.5% difference between GAAP same-store NOI and what you did on cash same store NOI is a little elevated from what you usually do, but I guess we can go through the details offline.
Jordan L. Kaplan -- President & Chief Executive Officer
Okay.
Glenn Heck -- Wells Fargo -- Analyst
Thanks.
Operator
Our next question comes from Jamie Feldman of Bank of America. Please go ahead.
Jamie Feldman -- Bank of America -- Analyst
Great, thank you. Can you guys talk more about the transaction to buy out your JV partner? What was the yield on a deal? And then just why is your partner selling? And do you think we'll see more of this? It sounds like we will see more of the space in your answer to a question earlier, but maybe why are your fund partners looking to cash out?
Jordan L. Kaplan -- President & Chief Executive Officer
So we've come to the, very close to the end of that fund. That was a place where we thought there probably were also some refinancing opportunities. But frankly, people came to us and said, we're ready to get out, we've made pretty good money, they got a pretty good yield. I don't think we said what their yield is, I don't think we should say, we're not saying it. So they got a pretty good yield. And we've been buying interest all through the last decade. So when we were buying the rest of people out, we just went out to them because we were already up to 70%. So we went to the last few and said if you want to sell, we'll buy your interest now, and pretty much, they said yes. I mean they -- we bought them out at exactly the -- they think it's market valued every year at the end of the year with appraisals, and we bought them right on the dot of that number of their equity count. And one guy said I want to find any way to -- so it was multiple partners, not just one. But one guy said I want to find any way to stay in the market, would you mind keeping the thing open? And we switched it to our new JV structure, which is our other large JVs from the fund structure which we had had because that one was 10 years old. And he said go switch the structure, I'm good with that and do a new 30-year deal, I want to be in it. And so we said OK, you stay in, and others went out, and we all bought our interest to what we could get. So it ended up like $89.11, and it's a good vehicle. Hopefully we'll now use it going to forward to do some other stuff because I think our partner wants to continue doing stuff and growing their position.
Jamie Feldman -- Bank of America -- Analyst
So, sorry, this is a new structure, it's 30-year, and...
Jordan L. Kaplan -- President & Chief Executive Officer
It's just like the other JVs, the last two big JVs that we did. So it's all on the modern terms that we put in place, and it's ready to go. And then we can use it to buy stuff. We don't have any proclivity toward that or any of the others. They're all structured the same.
Jamie Feldman -- Bank of America -- Analyst
Okay, and then how large is the investment pipeline you're looking at today in terms of both acquisitions and buying out more JVs? And how would you finance it?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, I think -- I don't -- OP unit deals are tough. I think it's over weighted by OP unit deals in terms of the acquisition pipeline. So those are -- obviously those have trouble going into the JVs, and it causes obviously -- you know how little I like -- we like issuing stock. I mean, how much we just like dilution. So those are tougher. I don't feel like I -- and from an earlier question, when it was asked whether this -- here in California, whether there was going to -- people were trading ahead of the potential split roll, I thought, I mean, that would be a godsend. I mean, but it hasn't created additional straight-up sale deals.
Jamie Feldman -- Bank of America -- Analyst
Okay. And then last for me. Just what are you guys thinking on rent growth in your markets? How do you think this year is going to compare to last year across the submarkets?
Jordan L. Kaplan -- President & Chief Executive Officer
It depends on the markets, which is -- correctly you asked the question. I mean, as you know, Hawaii, very strong while [Phonetic] you see the laggard. West side very strong, parts of the valley still really very strong, and Warner Center, actually finally showing some good positive movement. But probably the strongest is Hawaii at the moment. But certainly, the west side is very strong.
Jamie Feldman -- Bank of America -- Analyst
Do you think west side and Valley similar to this year, or better or worse?
Jordan L. Kaplan -- President & Chief Executive Officer
I think parts of the Valley have been mimicking the west side for a while, but as you get farther out from Encino, Sherman Oaks, I think it's been slower than the West Side. But by comparison to its past, it's running like the Road Runner. I mean, the whole thing's picked up quite well. And I saw a lot of people's notes saying wow, they're finally getting ready to cross the 90% mark. I think we're up at 89% there. So that's what matters. Occupancy matters. Occupancy matters across the market, occupancy matters in your portfolio, and that's what changes what rent rates you are doing. If you look at these other markets, you're like deep in the 90s. Of course rents are moving.
Jamie Feldman -- Bank of America -- Analyst
Okay. All right. Thank you.
Operator
And our next question comes from Bill Crow, Raymond James. Please go ahead.
Bill Crow -- Raymond James -- Analyst
Good morning, guys. Speaking of joint ventures, I think it was probably six or eight quarters ago, we were talking about the potential JV of Hawaii assets. And I'm just wondering whether that's off the table, whether you still think about that, and kind of bringing the cash back to Los Angeles?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, I mean, it has always been the case when I've been asked about Hawaii -- I mean Hawaii's obviously very strong now, but we've always said Hawaii is a place where we feel like this is where we want to characterize and get our growth going forward, primarily out of a market which I feel is a 30-year market, which is just Westside market, where we have -- in LA where we have a huge amount of our assets. Hawaii has created -- and what's going on there has created a lot of investment opportunity, a lot of capital investment opportunity. And we've always said that that is an opportunity to do a JV or do some other structure like that because we want -- obviously that's a great place to stay involved. And it was never -- as before, it's still a good opportunity to do that. The timing has to be right. The structure has to be right. We have to be able to demonstrate quite clearly to our partners or whoever we would bring in on that that this is why we like this, this is why it works. We don't want to do anything that looks like a fire sale or just done sale, but we also want to make a deal where it works out good for everybody, for the JV partners and for us. So that's tricky, but that's definitely a market where we think we could pull that off one day. I'm not saying on this day, but one day.
Bill Crow -- Raymond James -- Analyst
One more from me. Barrington Plaza, that was a site of another major fire not that long ago, and lawsuit and everything else. Is there any risk, reputational risk, or longer term impairment because of the sequence of the two fires and all the publicity and press they got?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, I guess the answer has to be yes, although I don't know that we're seeing it. I have to say, look, we were advocating sprinklering the building at the last fire. We're advocating sprinklering the building today. This is adding pressure to the city council to create a path for these buildings to be sprinklered because you're sort of trapped between the rent stabilization ordinance and the permitting process for sprinklering your entire building. And we hope that that is also our path. I don't think -- and maybe it's a matter of the news cycle or whatever else, I don't think -- I actually don't think there's long-term reputational risk vis-a-vis these buildings, but I guess you got to play that out and see what happens over the next year.
Bill Crow -- Raymond James -- Analyst
All right. Thanks for the time. Appreciate it.
Operator
And our next question comes from Daniel Ismail of Green Street Advisors. Please go ahead.
Daniel Ismail -- Green Street Advisors -- Analyst
Great, thank you. Just a few quick ones for me. Can you provide an update on where in-place office rents sit relative to market these days?
Peter D. Seymour -- Chief Financial Officer
Yes, Danny. It's about what it's been. We're a little over 10% on the mark-to-market.
Daniel Ismail -- Green Street Advisors -- Analyst
And then you were fairly busy this year refinancing debt and doing other things on the balance sheet. Do you see 2020 ending in the same spot where you guys ended '19 on a debt-to-EBITDA basis?
Peter D. Seymour -- Chief Financial Officer
Debt-to-EBITDA, OK.
Daniel Ismail -- Green Street Advisors -- Analyst
Or net leverage.
Peter D. Seymour -- Chief Financial Officer
That's 0.9 or 0.8 [Phonetic] or something like that. I think we have chance that we -- we have a chance of improving that. I think our earnings are going to go up. I don't see dramatic increase in the amount of debt that we have, so we have a chance of improving that number.
Daniel Ismail -- Green Street Advisors -- Analyst
Okay. And then, just last one actually for me. Given the expirations this year, can you discuss the type of leasing economics you guys are expecting in '20? Specifically, do you expect a tougher or a stable year for leasing concessions?
Peter D. Seymour -- Chief Financial Officer
I don't think the expirations are that abnormal for us, Danny. I know that there's a little bit of chunkiness in Q4, but it looks like a pretty typical year for us. We've done a very good job I think, of keeping our leasing costs stable at levels that are well below our peer set, which is really a function of our tenant size. I don't see any of that changing. The trends look very good. We're still getting robust demand. I wouldn't see that we'd see a major change in concessions.
Daniel Ismail -- Green Street Advisors -- Analyst
Okay, great. Thanks, everyone.
Operator
And ladies and gentlemen, this concludes the question-and-answer session. I'd like to turn the conference back over to the management team for any final remarks.
Jordan L. Kaplan -- President & Chief Executive Officer
Thank you all for joining us, and we look forward to speaking with you again next quarter.
Operator
[Operator Closing Remarks]
Duration: 53 minutes
Call participants:
Stuart McElhinney -- Vice President of Investor Relations
Jordan L. Kaplan -- President & Chief Executive Officer
Kevin A. Crummy -- Chief Investment Officer
Peter D. Seymour -- Chief Financial Officer
Jason Green -- Evercore -- Analyst
Alexander Goldfarb -- Piper Sandler -- Analyst
Craig Mailman -- KeyBanc Capital Markets -- Analyst
John Guinee -- Stifel -- Analyst
Nick Yulico -- Scotiabank -- Analyst
Manny Korchman -- Citi -- Analyst
John Kim -- BMO -- Analyst
David Rodgers -- Baird -- Analyst
Richard Anderson -- SMBC -- Analyst
Glenn Heck -- Wells Fargo -- Analyst
Jamie Feldman -- Bank of America -- Analyst
Bill Crow -- Raymond James -- Analyst
Daniel Ismail -- Green Street Advisors -- Analyst
More DEI analysis
All earnings call transcripts
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Douglas Emmett Inc (NYSE: DEI) Q4 2019 Earnings Call Feb 12, 2020, 2:00 p.m. Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore -- Analyst Alexander Goldfarb -- Piper Sandler -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Nick Yulico -- Scotiabank -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO -- Analyst David Rodgers -- Baird -- Analyst Richard Anderson -- SMBC -- Analyst Glenn Heck -- Wells Fargo -- Analyst Jamie Feldman -- Bank of America -- Analyst Bill Crow -- Raymond James -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Manny Korchman -- Citi -- Analyst Yes, Jordan, just in terms of, and I know you can't expect, sorry isolate how much this could impact, but I guess what percentage of your portfolio is already at market based on all of the deals that you've done, new tenant buildings you've bought?
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore -- Analyst Alexander Goldfarb -- Piper Sandler -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Nick Yulico -- Scotiabank -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO -- Analyst David Rodgers -- Baird -- Analyst Richard Anderson -- SMBC -- Analyst Glenn Heck -- Wells Fargo -- Analyst Jamie Feldman -- Bank of America -- Analyst Bill Crow -- Raymond James -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Douglas Emmett Inc (NYSE: DEI) Q4 2019 Earnings Call Feb 12, 2020, 2:00 p.m. Peter D. Seymour -- Chief Financial Officer Debt-to-EBITDA, OK. Daniel Ismail -- Green Street Advisors -- Analyst Or net leverage.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore -- Analyst Alexander Goldfarb -- Piper Sandler -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Nick Yulico -- Scotiabank -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO -- Analyst David Rodgers -- Baird -- Analyst Richard Anderson -- SMBC -- Analyst Glenn Heck -- Wells Fargo -- Analyst Jamie Feldman -- Bank of America -- Analyst Bill Crow -- Raymond James -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Douglas Emmett Inc (NYSE: DEI) Q4 2019 Earnings Call Feb 12, 2020, 2:00 p.m. Jordan L. Kaplan -- President & Chief Executive Officer I don't think we, I haven't heard and to be fair, we haven't gone in and analyzed exactly that point.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore -- Analyst Alexander Goldfarb -- Piper Sandler -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Nick Yulico -- Scotiabank -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO -- Analyst David Rodgers -- Baird -- Analyst Richard Anderson -- SMBC -- Analyst Glenn Heck -- Wells Fargo -- Analyst Jamie Feldman -- Bank of America -- Analyst Bill Crow -- Raymond James -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Douglas Emmett Inc (NYSE: DEI) Q4 2019 Earnings Call Feb 12, 2020, 2:00 p.m. Crummy -- Chief Investment Officer And of course Nick, the whole reason we started this was to improve the office market down there which -- and we kind of already told you about what's going on with rents in office.
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2020-01-22 00:00:00 UTC
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First Week of March 20th Options Trading For Douglas Emmett (DEI)
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DEI
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https://www.nasdaq.com/articles/first-week-of-march-20th-options-trading-for-douglas-emmett-dei-2020-01-22
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options begin trading this week, for the March 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new March 20th contracts and identified one put and one call contract of particular interest.
The put contract at the $40.00 strike price has a current bid of 25 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $39.75 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $42.52/share today.
Because the $40.00 strike represents an approximate 6% 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 85%. 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 0.62% return on the cash commitment, or 3.94% 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 $40.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $45.00 strike price has a current bid of 15 cents. If an investor was to purchase shares of DEI stock at the current price level of $42.52/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $45.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.19% if the stock gets called away at the March 20th 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 $45.00 strike highlighted in red:
Considering the fact that the $45.00 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 83%. 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 0.35% boost of extra return to the investor, or 2.22% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 20%, while the implied volatility in the call contract example is 16%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $42.52) to be 15%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the REITs »
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 $45.00 strike highlighted in red: Considering the fact that the $45.00 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 this week, for the March 20th expiration.
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Below is a chart showing DEI's trailing twelve month trading history, with the $45.00 strike highlighted in red: Considering the fact that the $45.00 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 this week, for the March 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new March 20th 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 $45.00 strike highlighted in red: Considering the fact that the $45.00 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 this week, for the March 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DEI options chain for the new March 20th 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 March 20th 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 $45.00 strike highlighted in red: Considering the fact that the $45.00 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 this week, for the March 20th expiration.
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725003.0
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2020-01-09 00:00:00 UTC
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DEI Makes Notable Cross Below Critical Moving Average
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DEI
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https://www.nasdaq.com/articles/dei-makes-notable-cross-below-critical-moving-average-2020-01-09
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nan
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nan
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In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $41.87, changing hands as low as $41.76 per share. Douglas Emmett Inc shares are currently trading off about 1% 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 $34.35 per share, with $45.08 as the 52 week high point — that compares with a last trade of $41.80.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
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 Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $41.87, changing hands as low as $41.76 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 $34.35 per share, with $45.08 as the 52 week high point — that compares with a last trade of $41.80. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » 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 Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $41.87, changing hands as low as $41.76 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 $34.35 per share, with $45.08 as the 52 week high point — that compares with a last trade of $41.80. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » 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 Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $41.87, changing hands as low as $41.76 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 $34.35 per share, with $45.08 as the 52 week high point — that compares with a last trade of $41.80. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » 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 Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $41.87, changing hands as low as $41.76 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 $34.35 per share, with $45.08 as the 52 week high point — that compares with a last trade of $41.80. Douglas Emmett Inc shares are currently trading off about 1% on the day.
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922c7ce7-c893-441d-a6eb-e96c192acf8d
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725004.0
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2019-12-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for December 30, 2019
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc.-dei-ex-dividend-date-scheduled-for-december-30-2019-2019-12-27
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nan
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nan
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Douglas Emmett, Inc. (DEI) will begin trading ex-dividend on December 30, 2019. A cash dividend payment of $0.28 per share is scheduled to be paid on January 15, 2020. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 7.69% increase over prior dividend payment. At the current stock price of $43.59, the dividend yield is 2.57%.
The previous trading day's last sale of DEI was $43.59, representing a -3.31% decrease from the 52 week high of $45.08 and a 33.51% increase over the 52 week low of $32.65.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Crown Castle International Corporation (CCI). DEI's current earnings per share, an indicator of a company's profitability, is $.65. Zacks Investment Research reports DEI's forecasted earnings growth in 2019 as 4.1%, compared to an industry average of -1.2%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to DEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have DEI as a top-10 holding:
iShares Trust (ESML).
The top-performing ETF of this group is ESML with an increase of 11.92% over the last 100 days. It also has the highest percent weighting of DEI at 0.69%.
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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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Zacks Investment Research reports DEI's forecasted earnings growth in 2019 as 4.1%, compared to an industry average of -1.2%. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI's current earnings per share, an indicator of a company's profitability, is $.65. Douglas Emmett, Inc. (DEI) will begin trading ex-dividend on December 30, 2019.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $43.59, representing a -3.31% decrease from the 52 week high of $45.08 and a 33.51% increase over the 52 week low of $32.65. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI's current earnings per share, an indicator of a company's profitability, is $.65. Douglas Emmett, Inc. (DEI) will begin trading ex-dividend on December 30, 2019.
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ea41425e-d2a0-4e42-9894-56b857bd79c3
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725005.0
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2019-12-26 00:00:00 UTC
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Ex-Dividend Reminder: Pebblebrook Hotel Trust, Douglas Emmett and Owl Rock Capital
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder%3A-pebblebrook-hotel-trust-douglas-emmett-and-owl-rock-capital-2019-12
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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 12/30/19, Pebblebrook Hotel Trust (Symbol: PEB), Douglas Emmett Inc (Symbol: DEI), and Owl Rock Capital Corporation (Symbol: ORCC) will all trade ex-dividend for their respective upcoming dividends. Pebblebrook Hotel Trust will pay its quarterly dividend of $0.38 on 1/15/20, Douglas Emmett Inc will pay its quarterly dividend of $0.28 on 1/15/20, and Owl Rock Capital Corporation will pay its quarterly dividend of $0.31 on 1/31/20. As a percentage of PEB's recent stock price of $27.40, this dividend works out to approximately 1.39%, so look for shares of Pebblebrook Hotel Trust to trade 1.39% lower — all else being equal — when PEB shares open for trading on 12/30/19. Similarly, investors should look for DEI to open 0.65% lower in price and for ORCC to open 1.70% lower, all else being equal.
Below are dividend history charts for PEB, DEI, and ORCC, showing historical dividends prior to the most recent ones declared.
Pebblebrook Hotel Trust (Symbol: PEB):
Douglas Emmett Inc (Symbol: DEI):
Owl Rock Capital Corporation (Symbol: ORCC):
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 5.55% for Pebblebrook Hotel Trust, 2.59% for Douglas Emmett Inc, and 6.78% for Owl Rock Capital Corporation.
In Thursday trading, Pebblebrook Hotel Trust shares are currently up about 1%, Douglas Emmett Inc shares are trading flat, and Owl Rock Capital Corporation shares are up about 0.5% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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 12/30/19, Pebblebrook Hotel Trust (Symbol: PEB), Douglas Emmett Inc (Symbol: DEI), and Owl Rock Capital Corporation (Symbol: ORCC) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DEI to open 0.65% lower in price and for ORCC to open 1.70% lower, all else being equal. Below are dividend history charts for PEB, DEI, and ORCC, 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 12/30/19, Pebblebrook Hotel Trust (Symbol: PEB), Douglas Emmett Inc (Symbol: DEI), and Owl Rock Capital Corporation (Symbol: ORCC) will all trade ex-dividend for their respective upcoming dividends. Pebblebrook Hotel Trust (Symbol: PEB): Douglas Emmett Inc (Symbol: DEI): Owl Rock Capital Corporation (Symbol: ORCC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for DEI to open 0.65% lower in price and for ORCC to open 1.70% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel, on 12/30/19, Pebblebrook Hotel Trust (Symbol: PEB), Douglas Emmett Inc (Symbol: DEI), and Owl Rock Capital Corporation (Symbol: ORCC) will all trade ex-dividend for their respective upcoming dividends. Pebblebrook Hotel Trust (Symbol: PEB): Douglas Emmett Inc (Symbol: DEI): Owl Rock Capital Corporation (Symbol: ORCC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for DEI to open 0.65% lower in price and for ORCC to open 1.70% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel, on 12/30/19, Pebblebrook Hotel Trust (Symbol: PEB), Douglas Emmett Inc (Symbol: DEI), and Owl Rock Capital Corporation (Symbol: ORCC) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DEI to open 0.65% lower in price and for ORCC to open 1.70% lower, all else being equal. Below are dividend history charts for PEB, DEI, and ORCC, showing historical dividends prior to the most recent ones declared.
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d456ef7c-0467-40ef-bb5d-e730b24b6390
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725006.0
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2019-12-06 00:00:00 UTC
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Daily Dividend Report: BMY, WEC, CHRW, EMN, DEI, GE
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report%3A-bmy-wec-chrw-emn-dei-ge-2019-12-06
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nan
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nan
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Bristol-Myers Squibb (BMY) declared an increase of 9.8% percent in the company's quarterly dividend, beginning in the first quarter of 2020. The dividend increase will result in a quarterly dividend of forty-five cents ($0.45) per share on the $.10 par value Common Stock of the corporation. The next quarterly dividend will be payable on February 3, 2020, to stockholders of record at the close of business on January 3, 2020.
WEC Energy Group (WEC) announced that it is planning to raise the quarterly dividend on the company's common stock to 63.25 cents per share in the first quarter of 2020. This would represent an increase of 4.25 cents per share.
The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend - which would be equivalent to an annual rate of $2.53 per share - would be payable March 1, 2020, to stockholders of record on Feb. 14, 2020.
C.H. Robinson Worldwide (CHRW) declared an increase to its regular quarterly cash dividend to 51 cents ($0.51) per share from 50 cents ($0.50) per share, payable on December 31, 2019, to shareholders of record on December 16, 2019.
Eastman Chemical Company (EMN) has declared a quarterly cash dividend of $0.66 per share on the company's common stock, a 6.5 percent increase from $0.62 per share. The dividend is payable Jan. 3, 2020, to stockholders of record as of Dec. 16, 2019.
Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on January 15, 2020 to shareholders of record as of December 31, 2019. This represents an 8% increase over the Company's 2019 quarterly dividend.
GE (GE) declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable January 27, 2020 to shareowners of record at the close of business on December 23, 2019. The ex-dividend date is December 20, 2019.
VIDEO: Daily Dividend Report: BMY, WEC, CHRW, EMN, DEI, GE
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) has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on January 15, 2020 to shareholders of record as of December 31, 2019. VIDEO: Daily Dividend Report: BMY, WEC, CHRW, EMN, DEI, GE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The next quarterly dividend will be payable on February 3, 2020, to stockholders of record at the close of business on January 3, 2020.
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VIDEO: Daily Dividend Report: BMY, WEC, CHRW, EMN, DEI, GE 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 (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on January 15, 2020 to shareholders of record as of December 31, 2019. Robinson Worldwide (CHRW) declared an increase to its regular quarterly cash dividend to 51 cents ($0.51) per share from 50 cents ($0.50) per share, payable on December 31, 2019, to shareholders of record on December 16, 2019.
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Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on January 15, 2020 to shareholders of record as of December 31, 2019. VIDEO: Daily Dividend Report: BMY, WEC, CHRW, EMN, DEI, GE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The dividend increase will result in a quarterly dividend of forty-five cents ($0.45) per share on the $.10 par value Common Stock of the corporation.
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Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on January 15, 2020 to shareholders of record as of December 31, 2019. VIDEO: Daily Dividend Report: BMY, WEC, CHRW, EMN, DEI, GE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Robinson Worldwide (CHRW) declared an increase to its regular quarterly cash dividend to 51 cents ($0.51) per share from 50 cents ($0.50) per share, payable on December 31, 2019, to shareholders of record on December 16, 2019.
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091748e1-93c5-450f-984e-5782f2b28f70
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725007.0
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2019-11-06 00:00:00 UTC
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Douglas Emmett Inc (DEI) Q3 2019 Earnings Call Transcript
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-q3-2019-earnings-call-transcript-2019-11-07
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nan
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nan
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Image source: The Motley Fool.
Douglas Emmett Inc (NYSE: DEI)
Q3 2019 Earnings Call
Nov 6, 2019, 2:00 p.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call. Today's call is being recorded. [Operator Instructions] After management's prepared remarks, you will receive instructions for participating in the question-and-answer session.
I will now turn the conference over to Stuart McElhinney, Vice President of Investor Relations for Douglas Emmett. Please go ahead.
Stuart McElhinney -- Vice President Investor Relations
Thank you. Joining us today on the call are Jordan Kaplan, our President and CEO, Kevin Crummy our CIO, and Peter Seymour, our CFO. This call is being webcast live from our website and will be available for replay during the next 90 days. You can also find our earnings package at the Investor Relations section of our website, you can find reconciliations of non-GAAP financial measures discussed during today's call in the earnings package.
During the course of this call we will make forward-looking statements. These forward-looking statements are based on the beliefs of, assumptions made by and information currently available to us. Our actual results will be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will prove to be incorrect. Therefore, our actual future results can be expected to differ from our expectations and those differences may be material. For a more detailed description of some potential risks, please refer to our SEC filings which can be found in the Investor Relations section of our website.
When we reach the question and answer portion, in consideration of others please limit yourself to one question and one follow up. I will now turn the call over to Jordan.
Jordan L. Kaplan -- President and Chief Executive Officer
Good morning, everyone. Thank you for joining us. Tenant demand for our office buildings is robust. We leased 1 million square feet during the quarter, including a record 461,000 square feet of new leases. Our success drove a 50 basis point increase in occupancy and increased our leased rate by almost a full percentage point to 93.1%. Our leasing gains and our continued strong rent roll up drove a 6.7% increase in same property cash NOI. Overall, our tenant demand is supported by a wide range of industries and healthy regional economic trends. On the supply side, we don't face any meaningful new construction in our markets.
Last quarter we told you about our strategy to take advantage of low long-term rates and tight lending spreads to reduce interest rates and extend maturities. I'm pleased to say that since May, we have now successfully refinanced approximately $2 billion, adding almost five years to its average term while reducing its current interest rate by nearly 35 basis points to 2.63%.
As expected, our strategic balance sheet activities reduced FFO for the third quarter by $0.04 per share, due to one-time non-cash and cash loan costs as well as equity dilution. The loan cost from our most recent financing will reduce our fourth quarter FFO by an additional penny, bringing the total reduction of FFO in 2019 from these activities to $0.05 per share. Even with this impact, we grew FFO this quarter by 3.7%. Excluding this impact, we grew FFO by over 9%.
Our AFFO growth was even stronger, as we grew AFFO by 14% compared to the third quarter of 2018. This reflects both our conversion of non-cash revenue to cash as well as our low recurring turnover costs resulting from our unique operating model. While leasing up a few large spaces have slightly elevated our turnover costs, those cost represented only 12% of our NOI, still significantly below our benchmark group average of 25%.
With that I will turn the call over to Kevin.
Kevin A. Crummy -- Chief Investment Officer
Thanks, Jordan and good morning everyone. As Jordan mentioned, we are very pleased with the results of our strategic debt program. We now have the strongest balance sheet in our history. Our net debt to enterprise value stands at only 29%. We have no debt maturing before 2023 and our pool of unencumbered properties available for future financings, now constitutes 41% of our office portfolio. We don't anticipate any more refinancing activity this year, although we will continue to monitor rates and spreads in the 2020 for further opportunities.
Turning to development. In Honolulu, we still expect to deliver the first batch of new apartment units in 2020 at our office to residential conversion project. Eventually, we plan to have almost 500 units there. In Brentwood, construction of our 376 unit high-rise apartment tower is progressing well. Our deal pipeline is picking up and we've been looking at a number of potential office and residential acquisitions. While we remain disciplined in our underwriting, the strength of our balance sheet and the available of OP units for tax-advantaged deals gives us lots of optionality in closing deals.
With that, I will now turn the call over to Stuart.
Stuart McElhinney -- Vice President Investor Relations
Thanks, Kevin. Good morning, everyone. In Q3, we signed 209 office leases covering 999,000 square feet, including 461,000 square feet of new leases, a record high for new leasing in a quarter. Leasing spreads for the quarter were 29.1% for straight line rent roll up and 10.7% for cash roll up. Lease rate for our total office portfolio increased by 94 basis points to 93.1%. Our overall portfolio occupancy increased by 50 basis points to 90.9%.
Our value assets in Los Angeles had a particularly good quarter, as we increased our lease rate for that region by 220 basis points to 92.6%. Our remaining lease expirations over the next four quarters total only 10% of our portfolio. Well below our recent historical averages, but less than typical expirations. We're hopeful that continued strong leasing will translate into even better fundamentals.
On the multifamily side, our portfolio remained essentially fully leased at quarter end. I'm pleased to report that our new apartment units at Moanalua are now fully leased. We are continuing our successful program to upgrade the existing units there.
I'll now turn the call over to Peter to discuss our results.
Peter D. Seymour -- Chief Financial Officer
Thanks Stuart, good morning everyone. We are pleased with our Q3 results. Compared to a year ago, in the third quarter of 2019 we increased revenues by 6.6%. We increased FFO 3.7% to $103.9 million or $0.51 per share. As Jordan mentioned, our third quarter FFO was reduced by $0.04 per share as a result of our strategic balance sheet activity. We increased AFFO 14.3% to $94.3 million. We increased our same property cash NOI by 6.7%. Our G&A for the quarter was less than 4% of revenues, well below that of our benchmark group.
Now turning to guidance. We are increasing our guidance range for same property NOI growth to between 6.5% and 7.5%. Our strong underlying operations and leasing has largely offset the $0.05 impact from our strategic balance sheet program. As a result, we are maintaining the midpoint for our full-year FFO guidance, while narrowing the range to between $2.09 per share and $2.11 per share. As usual, our guidance does not assume the impact of future acquisitions, dispositions or financings. For more information on the assumptions underlying our guidance, please refer to the schedule in the earnings package.
I will now turn the call over to the operator, so we can take your questions.
Questions and Answers:
Operator
[Operator Instructions] First question comes from Jason Green with Evercore. Please go ahead.
Jason Green -- Evercore ISI -- Analyst
Good morning. I know you guys have talked previously about doing more development, given the pricing in the market. I guess, given your comment on the deal pipeline, has your view on market pricing for assets changed at all? And should we expect more acquisitions versus development?
Jordan L. Kaplan -- President and Chief Executive Officer
Well development is just a slower process because we -- we start working now on entitlements and hopefully they come to fruition years away and we are doing that. Acquisitions we have less control over, I don't want to -- why don't you talk about what you think about acquisition.
Kevin A. Crummy -- Chief Investment Officer
Sure. The pipeline is looking actually surprisingly deep given the time of the year. We're looking at a number of off market opportunities, but we've still got a lot of wood to chop to get those things done. And so sometimes they hit, sometimes they don't. But relative to where we expect it to be, we're pleased with the amount of activity.
Jason Green -- Evercore ISI -- Analyst
Okay. And then on the multifamily same-store cash NOI side, that's come in around 1% the last two quarters. I guess, when should we expect that to start to turn higher just given the positive rent in the market itself?
Peter D. Seymour -- Chief Financial Officer
That number has been -- I'm not sure quarter-to-quarter even in the last few quarters that you can rely on that as an indicator of what's coming up. Of course, when you say turn, I still feel like those are aberrations as opposed to telling you where the market actually is, but we -- it is like all of us we need to play out a few more quarters and see where that all ends up.
Jason Green -- Evercore ISI -- Analyst
Okay, thank you.
Operator
The next question is from Jamie Feldman with Bank of America. Please go ahead.
James Feldman -- Bank of America Merrill Lynch -- Analyst
Great, thank you. I guess sticking with the acquisition pipeline, can you give a little bit more color about what the assets are that are in the pipeline, whether it's Office or apartments in the size. What cap rates look like, what kind of returns you'd like to see. Would you bring in a partner and then also just as you think about financing, how much higher -- how much higher would you be willing to take leverage to get deals done?
Jordan L. Kaplan -- President and Chief Executive Officer
That's like an entire capital and acquisitions stack. So there -- most of -- kind of most current pressing things is office, generally West L.A a little bit in the valley. I would say more than the usual number of deals that are looking for some type of OP unit or to become part of the structure with us to take advantage of our management, our position. In terms of -- and a surprising number of deals where they kind of want to stay in, but have us take control the thing. I would say that because of that in terms of financing and structure, first of all, our first choice always is to use the JV platform. I just think it's important for us to keep that strong and going and broaden the number of JV partners and sovereign partners that we have. Beyond that, I don't know that many of these deals would substantially change leverage levels for us. We have a lot of positive cash flow. We have a lot of ways to do it that I don't think we would significantly impact our loan to value.
James Feldman -- Bank of America Merrill Lynch -- Analyst
Okay. And then you said in the Valley. So maybe can you talk about Valley fundamentals, like what are you -- what are you seeing in terms of a change in either rents or occupancy that would give you some comfort buying more there?
Kevin A. Crummy -- Chief Investment Officer
Well, in general the Valley -- so if you look at Encino/Sherman Oaks that's been strong, continues to be strong to the degree there is deals left to everybody, we'd like to do on. And in fact, we've seen a lot of strength coming out of Woodland Hills and you guys have seen in the numbers that we've been publishing that it's been improving the stuff we're looking at happens to be in kind of Encino/Sherman Oaks market.
James Feldman -- Bank of America Merrill Lynch -- Analyst
Okay, thanks.
Operator
The next question is from Alexander Goldfarb with Sandler O'Neill. Please go ahead.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Hi, good morning out there. First on the balance sheet side, you guys are now 41% unencumbered and you had comments in the release and you spoke about possibly looking at rates and spreads heading into 2020. So just from a balance sheet perspective, would you guys -- should we think about you guys continuing to unencumbered more meaning reduced leverage, increase free cash flow. And then if you are refinancing more debt going out toward '23 and beyond, presumably this would be stuff that you would not pay a prepay penalty on, it would be stuff that's naturally coming off a swap where it's a cost free option for you. Just trying to understand your thinking given how far out you pushed your maturity profile?
Jordan L. Kaplan -- President and Chief Executive Officer
So a lot of what you say is basically right. I wouldn't say just because there is a swap, if there is a good swap, so when we're looking at refinancing something there are two benefits that we get out of that assuming -- one is it can be a just a generally net positive deal, you can refinance that and then I'll bring your cost down. And what stops you from bringing your cost down is if you have prepayment tenant those sorts of things, we don't have those. So you're correct to say that.
Now, there could be a good swap in place that we like. That swap can just continue on to the next loan because the next loan will need the swap to and then we can add a swap. What's making to the tail end that we have make sure that we're fixed for a longer period of time, which is our goal. What's making this such a fruitful environment to continue doing what we're doing is that the yield curve is so flat out there that you can have a good swap in place and add a tail to that swap and it's not very expensive, giving us a very long period of time of very good fixed interest rates. And so there is still, assuming the spreads and the indexes stay well swap rates stay low, there still could next year be some more opportunities. None of the stuff has prepayment penalties for us to further extend our maturities and reduce our cost on the debt.
And typically, when we're doing that because of the move and values, you're able to release a few buildings. So let's say you had a loan that had six buildings. Since we don't tend to be going for more leverage you probably could get that same loan at a cheaper -- this is great that's why it's environment is so good, that same loan at a cheaper price and even release when the buildings giving us even more shifts if you will for financing our flexibility in the future and another building that's in the unleveraged pool.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Okay, OK. Then that's helpful there and explains it. On out in Honolulu. The occupancy dropped 50 basis points. Maybe just give an update on how the de-officing, if that's a word, is going with the Bishop tower that you're converting? And how you think it's impacting the overall office market? And then how we should think about the occupancy bouncing around for you guys? Because I'm sure you got tenants who are moving out trying to find other places to move out of your existing same-store assets, while you're reallocating some of the tenants out of the Bishop property?
Jordan L. Kaplan -- President and Chief Executive Officer
Yeah, so the market for more reasons than 1132 Bishop conversion has become relatively tight. There's some other large tenants, may be seeing the writing on the wall that had wanted to be in that downtown area that have now move and settled themselves extremely firmly there. So that's rolling out, that's on top of our move. I think we -- we have about 100,000 feet available in our buildings and we need to move 300,000 plus feet out of 1132. So that's create a tight situation. I think more important than that is we're moving along quite well on the conversion in residential. And they're big game in that downtown area is to get this workforce residential built and occupied because that's what really converts that area and I'm seeing stuff literally daily of people, if you will, looking to tag on to that with improvement of other areas, other buildings near our buildings. And so I couldn't be more pleased with that strategy and the impact that it's having. Most importantly to creating that workforce housing downtown. If you're seeing little movements in occupancy, I don't -- I don't think they are meaningful. The whole market is pretty tight and we have a lot of tenants to move into, not enough space quite frankly.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Okay, thank you.
Jordan L. Kaplan -- President and Chief Executive Officer
All right.
Operator
The next question is from Nick Yulico with Scotia Bank. Please go ahead.
Nick Yulico -- Scotia Bank -- Analyst
Thanks. I just wanted to ask you, I just get some news -- just came out about Mayor of Los Angeles, joining a couple of others now in state and supporting split roll next year. I think in the past, during -- you said that you didn't think split roll was likely. I mean, now you have the mayor of Los Angeles supporting it. What are your latest thoughts? And if you could just remind us where your taxes are versus market?
Jordan L. Kaplan -- President and Chief Executive Officer
It is very hard to know where our taxes are versus market. I don't believe they'll ever even get there. And I don't even think the markets, the market that you're thinking of, in terms of in general I still don't believe there'll be a split roll. It's extremely popular. It's extremely popular a Prop 13 and split roll has tons of impacts and ramifications and it's pulling poorly. I mean but I know that we'll keep being asked that question until the elections. I think we can keep talking about, I don't have any better or greater information beyond my opinion and where the polling is. The polling at the moment is it's a complete loser.
Nick Yulico -- Scotia Bank -- Analyst
But were you surprised to see the mayor of Los Angeles come out and support split roll?
Jordan L. Kaplan -- President and Chief Executive Officer
I can't say that I'm surprised that he is doing something political like that I have a hard time believing he actually thinks it's a good idea. But politicians do a lot of things. I mean I don't know how they manage and decide what is the right thing for them to say at any moment in time. He is got a lot of issues on his plate at the moment.
Nick Yulico -- Scotia Bank -- Analyst
And I guess, what's the reluctance? I mean, other companies have come out, giving some sort of idea about what an impact could be to their taxes. It's really -- it's a complicated formula, but still when we look at it, it seems like you guys have a lot of assets that are older and warrant reassess to market. And so I guess, when you're saying you're not able to do the math on it, maybe that's true. But I mean, can you just give us a feel for where you think you're in place taxes are versus market? Since a year from now, there could be legislation that is coming out that could be meaningfully affecting your property taxes in the future?
Jordan L. Kaplan -- President and Chief Executive Officer
No.
Nick Yulico -- Scotia Bank -- Analyst
So you're going to continue to just give no information on where taxes are potentially versus where they could be when this legislation, if it passes, occurs?
Jordan L. Kaplan -- President and Chief Executive Officer
That's correct. I don't think that's a fruitful road to go down. I don't think it's good for the company, I don't think it's good for the politics surrounding that issue.
Nick Yulico -- Scotia Bank -- Analyst
All right, thanks.
Operator
Your next question is from Rich Anderson with SBMC [Phonetic]. Please go ahead.
Richard Anderson -- SMBC -- Analyst
That's SMBC, but close enough. So what -- my first question is on the same-store growth profile, which is improving, each quarter it seems, this time last year the numbers were much lower. I recall having -- we spent some time together, you we're handling minimum wage issues in a more immediate fashion versus kind of leading it into the system through to 2022 or whatever it was. I'm curious if you think that's a lot behind the reacceleration of same-store growth versus 2018 or do you think it's just more of a natural sort of evolution of how things are going in your space? Do you think you're getting extra same-store growth today because of how you handle same-store last year?
Jordan L. Kaplan -- President and Chief Executive Officer
Well obviously, that compares -- it's always the comparison always meaningful to look back. In general though I remember when you were here, what I said is we have a lot of pending pent-up growth from a lot of programs, not only it's developments that's coming online and gains we're making on redevelopment and redevelopment of buildings and rents moving up even though the building stay in same-store, but redoing lobbies, redoing things I said we were getting gains from that and it was gains that we were gaining we were getting from continuing to retool and work through our operating platform to further expedite things. And I said, we have a lot of strong kind of rental metrics it's is just in the market that we think we're more better and better positioned to take advantage of. I think that probably is playing a bigger role than the fact that last year we were digesting kind of fast moving minimum wage. I think that's, that was more impactful to the residential side which has more of that than the outside, but of course that impacts on whole company.
Richard Anderson -- SMBC -- Analyst
Okay. So I mean not to get 2020 guidance. But I mean is this -- are you kind of operating at a sort of a place where you think you'll be able to stay for a while, in this kind of mid-high single digit sort of range?
Peter D. Seymour -- Chief Financial Officer
It's very hard to predict how the numbers are coming out -- are going to come out because quarter-to-quarter when they get compared that can be very spotty. What I can tell you is this the fundamentals in the markets and the gains we are making currently with leasing and growing our income they still seem as strong as we thought they were going to be last year when we talked and there still cruising at a good clip.
Now that doesn't mean that some exogenous things can happen with the national economy that turns everybody around or create fear in the system, but at the moment for the industries that we have in our markets and the, speaking on the other side and the amount of supply coming on those kind of long-term -- that -- those supply demand metrics on top of the stuff we've been doing in our buildings are all conspiring to create very good returns. And I'll even say I know the question was asked about the same-store on the residential, but we're seeing a lot of strength in residential. So I'm optimistic that those numbers will even get better and this is just an aberration more than showing a long-term trend.
Richard Anderson -- SMBC -- Analyst
Okay. And then second question as much as people think of you primarily as an office REIT, just given the percentages, a lot of the discussion and excitement is around the multifamily business, with that in mind and with multifamily being a part of your D&A going back in longer history. Do you think multifamily could grow to be substantially more as a percentage of the total over the next four years or five years or are you comfortable with this sort of 90/10 types split?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, we would like to do as much multifamily as we can. I just think we -- we think it is a great asset class and we are in incredible position with the amount of land that we own in these best markets because we own entire blocks of lots to spend the time, the two years to three years to whatever it takes to get that housing approved for-rent housing approved it takes a long time. It's hard for someone to buy something and say they're going to go do that because the clocks ticking on them a little faster than someone that has the land already making money off of it and then have this additional opportunity. So we're focused very hard on that even buying and developing and repositioning existing projects.
With that said, to answer your question, there is -- even though we take some very solid steps forward on multifamily you know Kevin's group does a few office deals and it goes right back over to the 10% to 15%. So it's hard to change the ratio even though we're working hard to grow that aspect of the company because we also like the office in our markets and there seem to be opportunities coming up and those are just larger deals.
Richard Anderson -- SMBC -- Analyst
Yeah, yeah. Okay, I got you. Thanks very much.
Operator
The next question is from Tayo Okusanya with Mizuho. Please go ahead.
Tayo Okusanya -- Mizuho -- Analyst
Yes, good afternoon, everyone. Could you just talk a little bit about your program for on the office side of the standardization of the suites, the signature suites program kind of how you're doing with the rollouts relative to expectations and your internal plan?
Jordan L. Kaplan -- President and Chief Executive Officer
Yeah. So we try and have in every building and throughout the portfolio a very large stock of suites that are just ready to move into. And even in many cases we furnish them and it's worked extremely well. We control the entire capital program around that in terms of the TIs, it allows us to raise the level that we're leased a little higher because if you have some maybe have some space that's all older that hasn't moved, if you're willing to go and get move in ready even if it's not in the best spot in the building, it becomes much more attractive to people and then when you furnish it and show them what it looks like, it then becomes more attractive. So that's been a fantastic process for us and very successful and I think it's fair to say not only are we doing a lot of it we would -- what we are working and designing our systems to be able to do even more of it. Because we have seen increasing returns not diminishing returns like, the more we do the even better It does so we are dedicating more and more people's time and teams to getting that done and having as many of those suites available as possible. Now all that hiring and that process takes training and time and, but we're pretty focused on that. It's been a great program for us.
Tayo Okusanya -- Mizuho -- Analyst
Could you specifically talk about if you're hitting your target build out of 30 per month and if it's better received in certain sub-markets than others, or if it certain types of tenants that are attracted to it?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, I think it works particularly well in our markets because tenants, especially the tenant that's less than 5,000 feet doesn't have a real estate group. So when you give them something that's move-in ready even if it's move-in ready and they say, and we have one thing you need to move one well, that's so much easier for them to do than it is to give them a blank slate and they can feel like we have to hire designers and all of that stuff. So because our market tends to have those smaller tenants. I think this stuff probably moves better and faster here than it might have another market where the average tenant size as much larger. And we have other aspects of our operating platform that also cater to that in terms of very standardized leases and space planners that don't feel that way they can just make the change you want on their on their iPad and we just attach to the letter of intent without having to go through a lot of process.
We have design group that has already pre-match carpet and color samples and emollient and the whole deal so that you don't have to, you don't feel like you need to designer. So we've done a lot to make it easy for someone to feel confident, capable, efficient whatever -- whatever you're looking for there in terms of just leasing office space and not feeling like they had a million decisions they had to make and it was just overwhelming and that's speeding up, that process both gets them paying rent faster and brings down the turnover costs for us.
Tayo Okusanya -- Mizuho -- Analyst
Got you. Thank you.
Operator
And the next question, excuse me the next question is from John Kim with BMO Capital Markets. Please go ahead.
John Kim -- BMO Capital Markets-US -- Analyst
Thank you. Your lease rate hit a multi-year high of 93%. Do you expect occupancy to kind of creep up toward that number? And just given you have 15% of release rolling over the next couple of years, do you have any expectation of occupancy really improving?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, I would generally say and it's hard, you know as the lease rate moves up, occupancy and lease squeezed together, so they can go as wide as 300 plus basis points and they can go as tight as like a 150 when they widen you're doing a lot of leasing right, and therefore you have a bigger spread between leased and occupied. I have never seen occupied get closer than about 150 basis points to leased? That's about that's about as tight as it ever gets.
In terms of your question about the role coming up, we -- because we have so many tenants, our role in terms of the year we're in, one year out, two years out three years out, that kind of wave is a fairly constant wave. I haven't seen -- we might have like I know we mentioned in our prepared remarks that we have a couple of quarters with a little lower than normal, but it will catch up to itself because that wave tends to stay pretty steady in terms of their -- the year that we're approaching becomes relatively low because we've already renewed a lot of those people. The one year out from that tends to be a little higher then it trails off from there, that shape I haven't seen in very long that shape change in a meaningful way.
John Kim -- BMO Capital Markets-US -- Analyst
I guess then without providing guidance, I'm just wondering if you have an early indication where we are in the cycle and where you're seeing demand, if you think at least the lease rate will be maintained at these levels or potentially higher next year?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, when you say rate, what we have like occupancy rate, lease rate, and then the amount of leasing we do in a quarter. So the amount of leasing we do in a quarter is when we have more meaningful vacancy that some more meaningful number to watch to say, OK, I'm glad there's still good flow. I'm not sure if there's meaningful today because we're up a pretty high levels today. I haven't seen anything that would say to me that our leased occupied rate are going to go down and I think we still have some opportunity for them to go up. The fundamentals in the market are good. I mean in terms of tenant demand against new supply that they can move into, we don't really have any large spaces available at all.
John Kim -- BMO Capital Markets-US -- Analyst
My second question is on the debt refinancing that you had done this quarter. Your weighted average interest rate is at 3% with a six-year maturity. A year ago is at 3.07% with a 5.6 year maturity. I was just wondering, did you get the full benefit of that refinancing this quarter, as I would have thought that you're weighted average --.
Jordan L. Kaplan -- President and Chief Executive Officer
No, the refinancing that we did -- no, we just got part of it, because it happened during this last quarter. We'll get the full benefit of the stuff we've done this year, next year, right. We have the costs and happens midyear, etc. Next year, you'll see the benefit of the lower interest rate on that, but will also continue and there will be some generally non-cash, a little bit of cash, but generally non-cash cost associated with doing it.
John Kim -- BMO Capital Markets-US -- Analyst
Okay, thank you.
Operator
The next question is from Manny Korchman with Citi. Please go ahead.
Michael Bilerman -- Citigroup -- Analyst
Yeah, it's actually Michael Bilerman with Manny. So Jordan, when you look at your lease roll as we think about 2020, you got about 14% of the portfolio rolling and other 14% in '21. Your average lease spreads have been running call it 10% to 12% cash, up 30 on a straight-line basis. The last few quarters you talked about accelerating rent growth in your markets and a lot of demand. How should we think about the mark to market in 2020 and if you want to wager I guess into 2021, your average expiring rents on a current basis are about $42, $43, yes they'll reach $43, $45 in expiration, but how should we think about where mark to market could be in those years?
Jordan L. Kaplan -- President and Chief Executive Officer
You know for a few years now, and I've been a little surprised by this, our mark-to-market held steady at 10%. I think -- what?
Michael Bilerman -- Citigroup -- Analyst
So as we. I mean you would think that with the rent growth that's been happening, you would see more of that in your -- in the rents right, we should be accelerating.
Jordan L. Kaplan -- President and Chief Executive Officer
Yeah, well I mean it's needs capturing at a pace that we're staying sort of somewhat caught up. And I guess that's a function of our -- mark-to-market and rent roll-up don't talk relate perfectly to each other. As you know because mark to markets all the lease is not just that one is coming up in the next quarter or whatever, but we're obviously capturing a lot of it just the general market gains and rental rate because there have been very strong market gains and we're also that 10% just persists, there have been times when I would have thought it would because obviously they are five-year leases on average I would think it would be a larger number, but we're capturing it. So we are getting this interesting situation of very strong roll up and still maintaining a 10% mark to market. But I don't have any -- I mean I literally don't know as I'm on this call right now what the mark-to-market will be next year.
Michael Bilerman -- Citigroup -- Analyst
I mean where do you think the -- I mean if the expiring rents are at $43, where is market for that space today?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, the problem is when you say expiring rents it's depend on where those rents are expiring and what the rental rates are there I mean something that's counterintuitive is -- lately the higher the expiring rents, the higher the rollout, because when expiring rents are high, they're probably in some of our hottest markets and in the hottest markets rents are going up the fastest. When the expiring rents are a little lower, they are in markets that have run a little flatter and therefore the roll up hasn't been as much. So that doesn't give you the clue that you would think it gives you.
Michael Bilerman -- Citigroup -- Analyst
Maybe turning to the balance sheet, and you talked a little about the transactions, it sounds like maybe perhaps more a balance sheet deals then fund deals given some of the structuring. If I think back last couple of years, you've issued a bunch of equity, which I think now you held sacred for many years following the IPO, the share basis increased 12% 13% over time. Your stock is now at a discount to consensus NAV at 43% versus 46%. And I'm sure you have a different view of what your equity in NAV is, but I guess how should the market think about your use of your currency in growth going forward?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, I don't think I'd characterize what we've done in the past of issuing a bunch of equity. We looked at that and I think we've issued roughly 1% a year, where this is our 13th year, I don't know that's a large amount compared to others in our similarly situated companies that's from the time we went public. The -- in terms of just our general thought about issuing equity, I'm not a huge fan of it, which is why we put so much pressure on and we're even willing to spend money to maintain that private equity platform that's been put together in the JVs. I just think it's very important to use that and be more restrictive In terms of our equity in the public company to allow us to continue to grow and control the real estate that we want to control and get the gains, but not dilute because I think it is dilutive to issue stock. So there's been times when we've had to do it, I agree or that we felt we should do it for whatever a variety of reasons you know, going back. You follow us from the beginning, but I don't think we've done it very much.
Michael Bilerman -- Citigroup -- Analyst
Yes. That's helpful. I mean, there hasn't been a lot I think would say be more recently, right. I think you didn't issue equity for a long time then I would have said last couple of years.
Jordan L. Kaplan -- President and Chief Executive Officer
Yeah, that recent one that was in interest, yes, that was -- we got in between two things. And we did issue equity for that when we are buying that apartment building and then in end dropped in the JV, but that happens sometimes that was a couple of hundred million dollars.
Michael Bilerman -- Citigroup -- Analyst
Okay, thanks.
Operator
The Next question is from Craig Mailman with KeyBanc Capital Markets. Please go ahead.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Hi, guys. Just looking at across your markets, year-to-date you've had pretty good uplift in the lease rate in all, but kind of Brentwood one in Westwood. Could you guys talk a little about the dynamics in those two markets that have kind of hindered your ability to truly push to lease rate?
Kevin A. Crummy -- Chief Investment Officer
Sure Craig. I think that in Brentwood, one thing we're really excited about is the park we're building for that -- for that sub-market. So that's coming in a few years. I think that'll be a great benefit for not only the apartment building we're building there, but we've got 700 units next door and a couple of million feet of office in that market. So that will be great for that neighborhood.
You're right to point out that Brentwood has been a little bit lower than we would have otherwise expected. It's a great Westside sub-market, no reason it shouldn't perform just like the rest of our Westside sub-markets. So we're optimistic about that maybe some potential repositionings in that market in the future there.
And then Westwood we've seen since we purchased a huge chunk of Westwood a few years back, we still kind of digesting that it's bounced around a little bit. We've made some gains, but that's typical for us when we buy something. It takes us a few years to kind of work through the rent roll get everybody on our leases on our credit. So not unusual to see some noise and occupancy rate after we do acquisitions in the market.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
That's helpful. Have the spreads kept up with the other sub-markets on the Westside or have there been any kind of headwinds on that side as well?
Kevin A. Crummy -- Chief Investment Officer
No, we're still seeing good spreads in those markets.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Thank you.
Operator
Your next question is from Dave Rodgers with Baird. Please go ahead.
Dave Rodgers -- Baird -- Analyst
Hi guys. Jordan, I Wanted to ask about the office redevelopment that you're doing kind of larger programs that you've mentioned on previous call, you know is that having an impact on the occupancy and the ability to lease more quickly. And I guess maybe the point of the question is, just to kind of get at the new leases you signed in the quarter and anything maybe in particular that was driving that?
Jordan L. Kaplan -- President and Chief Executive Officer
Yeah, I think it had, yeah I should be just as clear as I can. So we're completing some of those projects or virtually completed, you can see where they're at, and I told you the one kind of Canary we had in the coal mine was, was a deal where there was a good comp right mix. Rents have been going up in general and so the question is, when we think capital to reposition building are we getting more than just the fact that rents are going up, which is very hard to calculate. We had one situation where there are building next to another building both similar views, similar access to the mall, the whole deal. And we are redoing the billings not even completed yet. And what we do is we measure the gap between, let's say this building. much more dated to the other building that had we had been redone and we said can we close that gap. And on that one, I could say we closed the gap and it's a lot. I think we probably picked up $0.75 to a $1.00 a foot a month to close the gap that was that wide.
And so therefore, I know that on that building the $17 million that we spent that's going to get paid for varies, that's a 400,000 foot building. And that was a monthly rate I gave you. So we know on our redevelopment in general, when there was a gap that can be measured it's working out now in other buildings we're just seeing some of those repositioning just hitting new heights and rental rate, lot harder to measure because the markets tight and rents are going up.
So, it's harder to say to attribute some like fixed amount to the work we're doing, but it seems pretty instinctive that the work we're doing has been very helpful to the buildings. We've done the work that we've worked on because we're just getting such great activity and they are so full. But we are looking for the response in rental rate, not necessarily occupancy. We have pretty good occupancy across a lot of that stuff.
Dave Rodgers -- Baird -- Analyst
Right, that's helpful. Thank you.
Operator
The next question is a follow-up from Jamie Feldman with Bank of America. Please go ahead.
James Feldman -- Bank of America Merrill Lynch -- Analyst
Great, thank you. I'm just curious, since we were pulled this IPO, have you seen any change in either the co-working market, either the number of players that are looking or maybe smaller users looking at your portfolio, more than they did in the past. Just any noticeable change in operating conditions as a result?
Jordan L. Kaplan -- President and Chief Executive Officer
You know I think that the whole time I know that reworks thing is finally kind of coming down, but I know that the whole time that were discussions about reworks and reworks changing the way that office leasing happens I felt like we've been doing that for years anyway having like ready to go office space for people that just want to move in. I know I was asked that question earlier about our signature suites program. But in general, we've been trying to appeal to people that needed kind of ready to go space, the only thing we haven't been doing is giving up the month to month leases. We've been insisting on the longer leases on the space that we've had ready to go. And you know as we've been saying for years we've we're talking about reworks. This is an extremely successful program for us and it continues to be an extremely successful program.
Is it more successful now that it's become more accepted in the office environment to come and just immediately lease space at the end. Maybe it is, maybe they've retrained people a little bit to be even be more comfortable coming in, seeing a space and going, that will just work for me, I'm going to move in. I know I'm hearing stories regularly now of people looking at space and saying not only we'll take it, will take it with the furniture like we can always move furniture to another spec suite and see if people and reuse it, but a lot of times people are saying we'll even take the furniture. So, maybe they are being sort of trained or adapted to moving away from the complete designer and space planner model to this more expeditious model. Hard to believe that the larger the full floor, then multi-floor tenants are going to go to that, but certainly the tenants in our market were already leaning that way and that program has been successful for a long time.
James Feldman -- Bank of America Merrill Lynch -- Analyst
Okay. I mean have you seen a pickup in demand since rework has slowed down for that space? Or --?
Jordan L. Kaplan -- President and Chief Executive Officer
I would say, I mean that would be hard to split out. I'd say we just have really good demand. I mean in a world the demand that's just strong as we have today, it would be hard to say reworks -- reworks I don't think reworks was at any point in time very impactful to our markets.
Kevin A. Crummy -- Chief Investment Officer
They don't have a huge presence in our markets, Jamie on the, on the Westside. We looked at that, it's very small. It's only like 1% of the market they hadn't penetrated into these markets very deeply because we don't have a lot of available space.
James Feldman -- Bank of America Merrill Lynch -- Analyst
Okay. All right. And then, have you guys already back filled all of the Century City move out you had or is there still more to go?
Kevin A. Crummy -- Chief Investment Officer
Yeah, I think you saw we just posted a 95% lease number for us. So that with a small tenant -- kind of the nature of the portfolio that's essentially full we did backfill that space that you're referring to.
James Feldman -- Bank of America Merrill Lynch -- Analyst
Okay. All right, great, thanks.
Jordan L. Kaplan -- President and Chief Executive Officer
Thank you.
Operator
This concludes our question-and-answer session. I would like to turn the conference back over to Jordan Kaplan for any closing remarks.
Jordan L. Kaplan -- President and Chief Executive Officer
Thank you everybody we'll speak with you again in a quarter.
Operator
[Operator Closing Remarks]
Duration: 50 minutes
Call participants:
Stuart McElhinney -- Vice President Investor Relations
Jordan L. Kaplan -- President and Chief Executive Officer
Kevin A. Crummy -- Chief Investment Officer
Peter D. Seymour -- Chief Financial Officer
Jason Green -- Evercore ISI -- Analyst
James Feldman -- Bank of America Merrill Lynch -- Analyst
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Nick Yulico -- Scotia Bank -- Analyst
Richard Anderson -- SMBC -- Analyst
Tayo Okusanya -- Mizuho -- Analyst
John Kim -- BMO Capital Markets-US -- Analyst
Michael Bilerman -- Citigroup -- Analyst
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Dave Rodgers -- Baird -- Analyst
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Douglas Emmett Inc (NYSE: DEI) Q3 2019 Earnings Call Nov 6, 2019, 2:00 p.m. Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore ISI -- Analyst James Feldman -- Bank of America Merrill Lynch -- Analyst Alexander Goldfarb -- Sandler O'Neill -- Analyst Nick Yulico -- Scotia Bank -- Analyst Richard Anderson -- SMBC -- Analyst Tayo Okusanya -- Mizuho -- Analyst John Kim -- BMO Capital Markets-US -- Analyst Michael Bilerman -- Citigroup -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. And we have other aspects of our operating platform that also cater to that in terms of very standardized leases and space planners that don't feel that way they can just make the change you want on their on their iPad and we just attach to the letter of intent without having to go through a lot of process.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore ISI -- Analyst James Feldman -- Bank of America Merrill Lynch -- Analyst Alexander Goldfarb -- Sandler O'Neill -- Analyst Nick Yulico -- Scotia Bank -- Analyst Richard Anderson -- SMBC -- Analyst Tayo Okusanya -- Mizuho -- Analyst John Kim -- BMO Capital Markets-US -- Analyst Michael Bilerman -- Citigroup -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Douglas Emmett Inc (NYSE: DEI) Q3 2019 Earnings Call Nov 6, 2019, 2:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore ISI -- Analyst James Feldman -- Bank of America Merrill Lynch -- Analyst Alexander Goldfarb -- Sandler O'Neill -- Analyst Nick Yulico -- Scotia Bank -- Analyst Richard Anderson -- SMBC -- Analyst Tayo Okusanya -- Mizuho -- Analyst John Kim -- BMO Capital Markets-US -- Analyst Michael Bilerman -- Citigroup -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Douglas Emmett Inc (NYSE: DEI) Q3 2019 Earnings Call Nov 6, 2019, 2:00 p.m. Jordan L. Kaplan -- President and Chief Executive Officer Well, I would generally say and it's hard, you know as the lease rate moves up, occupancy and lease squeezed together, so they can go as wide as 300 plus basis points and they can go as tight as like a 150 when they widen you're doing a lot of leasing right, and therefore you have a bigger spread between leased and occupied.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Jason Green -- Evercore ISI -- Analyst James Feldman -- Bank of America Merrill Lynch -- Analyst Alexander Goldfarb -- Sandler O'Neill -- Analyst Nick Yulico -- Scotia Bank -- Analyst Richard Anderson -- SMBC -- Analyst Tayo Okusanya -- Mizuho -- Analyst John Kim -- BMO Capital Markets-US -- Analyst Michael Bilerman -- Citigroup -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst More DEI analysis All earnings call transcripts 10 stocks we like better than Douglas Emmett When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Douglas Emmett Inc (NYSE: DEI) Q3 2019 Earnings Call Nov 6, 2019, 2:00 p.m. Jordan L. Kaplan -- President and Chief Executive Officer Well, I would generally say and it's hard, you know as the lease rate moves up, occupancy and lease squeezed together, so they can go as wide as 300 plus basis points and they can go as tight as like a 150 when they widen you're doing a lot of leasing right, and therefore you have a bigger spread between leased and occupied.
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6cc6cab7-bacb-473c-9e5b-c7071a2915df
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725008.0
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2019-10-10 00:00:00 UTC
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Invesco S&P MidCap Low Volatility ETF Experiences Big Inflow
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DEI
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https://www.nasdaq.com/articles/invesco-sp-midcap-low-volatility-etf-experiences-big-inflow-2019-10-10
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $72.4 million dollar inflow -- that's a 2.2% increase week over week in outstanding units (from 64,050,000 to 65,450,000). Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is down about 0.2%, American Campus Communities Inc (Symbol: ACC) is trading flat, and Life Storage Inc (Symbol: LSI) is lower by about 0.2%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average:
Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.94 as the 52 week high point — that compares with a last trade of $51.79. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is down about 0.2%, American Campus Communities Inc (Symbol: ACC) is trading flat, and Life Storage Inc (Symbol: LSI) is lower by about 0.2%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.94 as the 52 week high point — that compares with a last trade of $51.79. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
|
Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is down about 0.2%, American Campus Communities Inc (Symbol: ACC) is trading flat, and Life Storage Inc (Symbol: LSI) is lower by about 0.2%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.94 as the 52 week high point — that compares with a last trade of $51.79. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
|
Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is down about 0.2%, American Campus Communities Inc (Symbol: ACC) is trading flat, and Life Storage Inc (Symbol: LSI) is lower by about 0.2%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $72.4 million dollar inflow -- that's a 2.2% increase week over week in outstanding units (from 64,050,000 to 65,450,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.94 as the 52 week high point — that compares with a last trade of $51.79.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is down about 0.2%, American Campus Communities Inc (Symbol: ACC) is trading flat, and Life Storage Inc (Symbol: LSI) is lower by about 0.2%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $72.4 million dollar inflow -- that's a 2.2% increase week over week in outstanding units (from 64,050,000 to 65,450,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.94 as the 52 week high point — that compares with a last trade of $51.79.
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5186c11a-d221-40a6-995e-32cecb00fa0b
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725009.0
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2019-09-16 00:00:00 UTC
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Daily Dividend Report: AMT, KDP, DEI, RL, PEB
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report%3A-amt-kdp-dei-rl-peb-2019-09-16
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nan
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nan
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American Tower Corporation declared a quarterly cash distribution of $0.95 per share on shares of the Company's common stock. The distribution is payable on October 17, 2019 to such stockholders of record at the close of business on September 27, 2019.
Keurig Dr Pepper (KDP) declared a quarterly cash dividend of $0.15 per share, payable in U.S. dollars, on the Company's common stock. The quarterly dividend will be paid on October 18, 2019 to shareholders of record on October 4, 2019.
Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on October 16, 2019 to shareholders of record as of September 30, 2019.
Ralph Lauren Corporation (RL) has declared a regular quarterly dividend of $0.6875 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on October 11, 2019 to shareholders of record at the close of business on September 27, 2019.
Pebblebrook Hotel Trust (PEB) has declared a quarterly cash dividend of $0.38 per common share of beneficial interest, to be paid on October 15, 2019 to shareholders of record as of September 30, 2019.
VIDEO: Daily Dividend Report: AMT, KDP, DEI, RL, PEB
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) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on October 16, 2019 to shareholders of record as of September 30, 2019. VIDEO: Daily Dividend Report: AMT, KDP, DEI, RL, PEB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Keurig Dr Pepper (KDP) declared a quarterly cash dividend of $0.15 per share, payable in U.S. dollars, on the Company's common stock.
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Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on October 16, 2019 to shareholders of record as of September 30, 2019. VIDEO: Daily Dividend Report: AMT, KDP, DEI, RL, PEB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. American Tower Corporation declared a quarterly cash distribution of $0.95 per share on shares of the Company's common stock.
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Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on October 16, 2019 to shareholders of record as of September 30, 2019. VIDEO: Daily Dividend Report: AMT, KDP, DEI, RL, PEB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Ralph Lauren Corporation (RL) has declared a regular quarterly dividend of $0.6875 per share on Ralph Lauren Corporation Common Stock.
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Douglas Emmett (DEI) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on October 16, 2019 to shareholders of record as of September 30, 2019. VIDEO: Daily Dividend Report: AMT, KDP, DEI, RL, PEB The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. American Tower Corporation declared a quarterly cash distribution of $0.95 per share on shares of the Company's common stock.
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b7d67c50-7d5f-4ca5-8c4b-c7ed1ff22ffe
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725010.0
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2019-08-30 00:00:00 UTC
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XMLV, DEI, CPT, EPR: ETF Inflow Alert
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DEI
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https://www.nasdaq.com/articles/xmlv-dei-cpt-epr%3A-etf-inflow-alert-2019-08-30
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $75.0 million dollar inflow -- that's a 2.4% increase week over week in outstanding units (from 60,300,000 to 61,750,000). Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.1%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and EPR Properties (Symbol: EPR) is higher by about 0.4%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average:
Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.408 as the 52 week high point — that compares with a last trade of $51.83. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.1%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and EPR Properties (Symbol: EPR) is higher by about 0.4%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.408 as the 52 week high point — that compares with a last trade of $51.83. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
|
Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.1%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and EPR Properties (Symbol: EPR) is higher by about 0.4%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.408 as the 52 week high point — that compares with a last trade of $51.83. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
|
Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.1%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and EPR Properties (Symbol: EPR) is higher by about 0.4%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $75.0 million dollar inflow -- that's a 2.4% increase week over week in outstanding units (from 60,300,000 to 61,750,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.408 as the 52 week high point — that compares with a last trade of $51.83.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.1%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and EPR Properties (Symbol: EPR) is higher by about 0.4%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $75.0 million dollar inflow -- that's a 2.4% increase week over week in outstanding units (from 60,300,000 to 61,750,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.408 as the 52 week high point — that compares with a last trade of $51.83.
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bd96e9d9-4ae3-42ef-827a-185ea0233770
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725011.0
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2019-08-07 00:00:00 UTC
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Douglas Emmett Inc (DEI) Q2 2019 Earnings Call Transcript
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-q2-2019-earnings-call-transcript-2019-08-07
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nan
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nan
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Image source: The Motley Fool.
Douglas Emmett Inc (NYSE: DEI)
Q2 2019 Earnings Call
Aug. 06, 2019, 2:00 p.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Q2 Quarterly Earnings Call. Today's call is being recorded.
[Operator Instructions]
I will now turn the conference over to Mr. Stuart McElhinney, Vice President of Investor Relations for Douglas Emmett.
Stuart McElhinney -- Vice President of Investor Relations
Thank you. Joining us today on the call are Jordan Kaplan, our President and CEO; Kevin Crummy, our CIO; and Peter Seymour, our CFO. This call is being webcast live from our website and will be available for replay during the next 90 days. You can also find our earnings package at the Investor Relations section of our website. You can find reconciliations of non-GAAP financial measures discussed during today's call in the earnings package.
During the course of this call, we will make forward-looking statements. These forward-looking statements are based on the beliefs of, assumptions made by and information currently available to us. Our actual results will be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although, we believe that our assumptions are reasonable, they are not guarantees of future performance and some will prove to be incorrect. Therefore, our actual future results can be expected to differ from our expectations, and those differences may be material.
For a more detailed description of some potential risks, please refer to our SEC filings, which can be found in the Investor Relations section of our website. When we reach the question-and-answer portion, in consideration of others, please limit yourself to one question and one follow-up.
I will now turn the call over to Jordan.
Jordan L. Kaplan -- President and Chief Executive Officer
Good morning, everyone. Thank you for joining us. We had an excellent second quarter. Fundamentals in our markets remain strong due to continued healthy tenant demand from a wide range of industries and meaningful barriers to new supply. During the quarter, our total portfolio lease percentage moved above 92%, and our straight-line rent roll-up was 31%. These successes drove excellent operating results for the second quarter. Same property cash NOI up 7.7%, FFO up 7% and AFFO up 26%. Operating results like these, together with thoughtful management of our balance sheet, have been the foundation of our long-term success since we went public 13 years ago.
We see current long-term rates and tight lending spreads as an opportunity to do some strategic balance sheet management. As a result, by the end of 2019, we expect to eliminate all of our debt maturities prior to 2023; add almost five years to the weighted average life of $1.5 billion to $2 billion of debt, pushing our average debt maturity for that debt to 2027. Fix the interest rate on all our outstanding floating rate debt, add almost five years to the fixed interest period and lower the interest rate on the debt we refinance. Increase our future financing flexibility by expanding our pool of unencumbered properties to almost 40% of our portfolio; and reduce our share of outstanding net debt by nearly $200 million before the impact of new acquisitions this year.
Kevin will fill you in on our progress toward these goals. Over the long-term, this program will provide ample liquidity for attractive acquisition and development opportunities while reducing future interest rate exposure.
Now, I would like to talk a minute about our guidance. The combination of excellent operating results, The Glendon purchase and the impacts from our balance sheet activities make guidance this quarter a little complicated. First, based on the strength of our operating results, we are increasing guidance for occupancy and same property cash NOI. Second, we expect those stronger operating results and the acquisition of The Glendon will positively impact our 2019 FFO by approximately $0.03 per share. And finally, we expect that one-time cash and non-cash refinancing costs and dilution from the equity issuance will negatively impact our 2019 FFO by $0.04 to $0.06 per share. The net impact of these items reduces our guidance for 2019 FFO to between $2.08 and $2.12 per share.
With that, I will turn the call over to Kevin for more details.
Kevin A. Crummy -- Chief Investment Officer
Thanks, Jordan, and good morning, everyone. We had a busy quarter in the capital markets. During the last three months, we paid off $630 million of debt with an average interest rate of 3.5%, including $220 million just after quarter end. We closed $540 million of 10-year, secured, non-recourse loans with interest effectively fixed at an average of 3.25% through 2027. This total includes the acquisition loan for The Glendon.
We reduced our overall leverage by $200 million by issuing common stock at $41 per share, and we extended the fixed interest rate on a $102 million loan for another three years. We are continuing to focus on extending our debt maturities and capitalize unfavorable interest rates and tight loan spreads with the goal of refinancing the total of $1.5 billion to $2 billion of debt by the end of 2019.
During the second quarter, we acquired The Glendon, a luxury mixed-use apartment community. The Glendon sits on a 4.5 acre parcel in the heart of Westwood village, with an easy walking distance of 3 million square feet of Class A office building, UCLA's campus, the UCLA Medical Center and over 300 local shops and restaurants. We paid $365 million for the 350 units and 50,000 square feet of street retail, which works out to roughly $870,000 per apartment unit. The Glendon is midway through a unit renovation program that has been very successful in increasing rents. The going-in cap rate was just under 4% and we expect that to stabilize in the mid-5s as the renovation program is completed. The property is owned by one of our existing consolidated joint ventures in which we own a 20% capital interest.
Growing our multifamily division has long been a goal of ours. Between our development program and the acquisition of The Glendon, I'm pleased that we've successfully grown our multifamily portfolio by over 15% during the last year to more than 4,000 total units. Our development projects will continue to fuel our residential portfolio growth moving forward. In Brentwood, the construction of our 376 unit high-rise apartment tower is progressing well. And in Hawaii, we still expect to deliver the first of about 500 new apartment units at 1132 Bishop in 2020.
With that, I will now turn the call over to Stuart.
Stuart McElhinney -- Vice President of Investor Relations
Thanks, Kevin. Good morning, everyone. In Q2, we signed 221 office leases covering 869,000 square feet, including 295,000 square feet of new leases. Leasing spreads for the quarter were 31% for straight-line rent roll-up and 12% for cash roll-up. The lease rate for our total office portfolio increased by 45 basis points to 92.2% with increases in our lease percentage in almost every one of our submarkets. Occupancy increased by 10 basis points to 90.4%.
As we mentioned last quarter , Honolulu is seeing increased tenant demand as a result of our office to residential conversion strategy at 1132 Bishop. With our Honolulu office portfolio now 94% leased, we have less than 100,000 square feet of vacancy with more than 350,000 square feet of office tenants still needing to relocate out of 1132 Bishop. On the multifamily side, our portfolio remained essentially fully leased at quarter-end, including our new Westwood property where we acquired slightly more vacancy than our portfolio average.
I'll now turn the call over to Peter to discuss our results.
Peter D. Seymour -- Chief Financial Officer
Thanks, Stuart. Good morning, everyone. We are pleased with our Q2 results. Compared to a year ago, in the second quarter of 2019, we increased revenues by 5%. We increased FFO 7% to $107.8 million, or $0.54 per share. We increased AFFO 25.8% to $95.5 million. We increased our same-property cash NOI by 7.7% driven by 8.6% office growth. Our multifamily same-property growth was restrained by some one-time insurance items and without them growth would have been closer to 3%. Our G&A for the quarter remains around 4% of revenues, well below that of our benchmark group.
Now turning to guidance. As Jordan mentioned, based on the strength of our operating results, we are increasing our guidance for same-property NOI growth to between 6% and 7%, and our guidance for average occupancy to between 90% and 91%. With respect to our FFO guidance, we expect a stronger operating results and the acquisition of The Glendon will positively impact our 2019 FFO by approximately $0.03 per share. We expect that one-time cash and non-cash refinancing costs and dilution from the equity issuance, partially offset by interest expense savings and interest income will negatively impact our 2019 FFO by $0.04 to $0.06 per share. These two offsetting factors net to about $0.02 per share. As a result, we expect 2019 FFO to be between $2.08 and $2.12 per share.
Other than the planned financings we have discussed, our guidance does not assume the impact of future acquisitions, dispositions or additional financings. For more information on the assumptions underlying our guidance, please refer to the schedule in the earnings package.
I will now turn the call over to the operator, so we can take your questions.
Questions and Answers:
Operator
We will now begin the question-and-answer session. [Operator Instructions] The first question comes from Alexander Goldfarb of Sandler O'Neill. Please go ahead.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Hey, good morning out there. Question on the balance sheet. Historically, Jordan, you've been hesitant to issue equity, but you seem to be much more comfortable despite -- if we use consensus of 45, you issued below. And at the same time, on the debt side, you guys have always maintained a pretty flexible strategy and your debt cost over the next few years is pretty low, only 3%, and yet you're aggressively going after it. So maybe you could just speak from the equity side and from the debt side, why you feel more comfortable issuing especially below NAV and given that your debt position is pretty good, why you feel compelled to get aggressive ongoing after debt that matures over the next three to four years?
Jordan L. Kaplan -- President and Chief Executive Officer
So, well, first of all, I'm never comfortable issuing equity. That's one of the most uncomfortable decisions that we ever have to make here, my most uncomfortable decisions. You know, Chris, I've known you for long time, that I want to own as much of the company as I can and every time we issue equity, it dilutes us, me, Ken, Dan, all the rest of us sitting here. But we also have commitments to other goals vis-a-vis the balance sheet and reducing leverage and reducing our exposure to leverage and interest rate risk. So we came upon a situation where we were doing the deal for the apartment in Westwood, The Glendon, and it fit properly there to do that. We did end up putting that into our JV, and so we went ahead and reduced our leverage and built up a little more firepower going forward in terms of all the development and things that we're doing.
We generally have been trying to over the years slowly with excess cash reduce our leverage each year a little bit. So that's on that side. We have not been very aggressive equity issuers. We've only issued equity three times in 13 years. So -- and then now the dilution that equity's created has been very, very minimal compared to, at literally, when we went public. In terms of debt, we keep our leverage very flexible, just like you said, it's flexible because it's non-recourse loans that are on properties, on pools of property, and they're all LIBOR floaters that are swapped. So we watch for opportunities to improve that whether it's improving the index or improving the spread. We happen to be at a time right now when index -- the indexes are very low and spreads are very tight in our opinion. We did a deal at 90 [Phonetic] over. We did a deal at 110 [Phonetic] over. So, I mean, those are low.
In history, I would say we would average 125 to 140 [Phonetic], when the numbers get above 150 [Phonetic], its spreads are getting very -- getting wide. When they're below 120 [Phonetic], I could say spreads are tight. Certainly in terms of the index, indexes are quite low now, I'm not saying that's their lowest, but they are quite low. When we see that happen when those two come together. So a lot of times the index will go down but spreads will cap out. When we see them together come down with opportunities to do deals in the low 3s or even in the mid-2s, and put away debt, then we go -- we're going to do that and we stretch the horizon of our debt out each time. That way you don't -- you're not letting the -- you're not letting your last loan determine which market you refi and we determine which market we refi in.
Now historically, we tend to refi a couple of years early, right? So on a seven year loan we'll refi two years early, year-and-a half early. So we're always going to be a little early on debt as it comes up. That's because we never want to have our back against the wall with debt that's coming due and face maybe a close debt market or interest rate market or whatever else may be going on. So when we see an opportunity like this come up, which I feel this is an opportunity, when we see something like this come up, we run to extend our maturities, lower our rate the best we can, and that's what we have literally everybody in the capital markets is working on at the moment, except Kevin is working on behind. So that's a program we're trying to pursue and because it's so impactful to everything we're doing. We haven't completed it, we're midway through it, but we wanted to make sure the information got out to everybody now that that's what we were doing.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Okay. And then the second question is, and I think this came up on the last call, the upcoming lease expiration in Honolulu, Sherman Oaks/Encino, maybe you can just talk a little bit about that. Obviously, you spoke about your guidance, how it would be going up if not for the capital activities. So does that mean that the lease expirations in these markets won't be a drag on your numbers, they'll be accretive or is there a little bit of headwind in the next few quarters?
Kevin A. Crummy -- Chief Investment Officer
No. Overall, it looks like pretty normal role for us. What you're seeing in Honolulu is probably some expirations at our conversion at 1132 Bishop. So that's the conversion property. So that we're not worried about those. Obviously, would [Indecipherable] office tenants out of that building. And then Sherman Oaks/Encino has some medium-sized tenants rolling later this year. But we've seen really good activity there.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Thank you.
Jordan L. Kaplan -- President and Chief Executive Officer
Thanks, Alex.
Operator
The next question comes from Alexander Pernokas of Bank of America Merrill Lynch. Please go ahead.
Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst
Hi, thanks for taking the question. I was wondering, just keeping in with the topic on leverage. Can you talk more about your plans for target leverage on a net debt-to-EBITDA basis and what that number looks like in the short-term versus the intermediate or longer-term?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, right now, I think we're a little under 7, right? Yeah, 6.5. I don't feel we're -- I mean, I don't feel we're in a position that I need to do anything about it like in that risk position or anything like that. I mean, there is two debt , debt generally, debt could be very good, right. I mean, leveraging your position with a fixed cost against the equity that gets all the remaining economics. I mean, that improves things for all of us. The only problems with debt are, number one, repayment risk, which can risk the mortality of the company; or number two, the cost of maintaining that debt can go up, if you have to refi at the time when interest rates are higher. We refi very early in the process to make sure we don't get caught at tough times. I don't think there's any question about mortality risk, I mean, our leverage is down around 30%. So that's -- for real estate, that's a very low number. And I don't think there's any question that we have a -- we have a level of debt that risks the mortality of the company. So the only question with debt is how exposed do we want to be to moving interest rates? And if I step back -- if we step back and look at the company and we look at the risk, just globally, at the risk facing the company, and I'm not making any predictions about risk here. But I would say this, we feel very comfortable about the direction of our tenants, tenant demand, the lack of new supply, the fundamentals in our markets and the fundamentals of growth in rental rates and our ability to continue and operating our properties , continue our development programs and there's not much you can get in that way.
Save two things, one is a big move in the national economy, the national economy [Indecipherable] impact us; and second, a big move in interest rates. So, we can't do anything about a big move in the national economy. But we can, when it -- when it's opportune, not all the time because it's expensive to do this. Reduce our exposure to interest rate risks, so as we continue reducing the amount of leverage we have vis-a-vis the size of the company, then big moves in interest rate the wrong way, which I'm sure will happen at some point in the future. I'm not predicting it anytime soon, we would be less subject to, and it would be less painful for the company. Not deadly painful, just less painful.
Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst
Okay. Cool. So it's [Speech Overlap]
Jordan L. Kaplan -- President and Chief Executive Officer
Did I answer your question?
Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst
Yeah. So it sounds like you're not targeting a specific level or anything like that you're just going to continue to be opportunistic with it. Cool. And then, I guess, my second question would be, could you talk a little bit about the Warner Center? It seems to be the laggard of the sub-markets. Can you maybe give us an update there on market conditions and what you're seeing for leasing prospects?
Jordan L. Kaplan -- President and Chief Executive Officer
Yeah, Alex, we continue to see good activity in Warner Center. Obviously, it's a laggard versus the rest of our markets where it sits right now, but we have made good progress there over the last year-and-a-half. I think we're up 250 basis points in lease rate over the last year-and-a-half. So generally pleased with the direction that's heading and we are seeing good tenant demand there. So we're optimistic going forward.
Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst
All right, thank you.
Operator
The next question comes from Blaine Heck of Wells Fargo. Please go ahead.
Blaine Heck -- Wells Fargo -- Analyst
Thanks, good morning. So you guys had a great quarter from a same-store perspective, mostly driven by a 7% [Phonetic] increase in same-store cash revenues, I think. So can you just talk about the drivers of that growth? I know you guys have got some occupancy growth year-over-year in there and rent growth has been strong, but was there anything else in the quarter you can point to that drove that large an increase?
Jordan L. Kaplan -- President and Chief Executive Officer
No. It's just the fundamentals of the business, that's what you pointed to. Occupancy increases and steady growth in revenues. It's a strong quarter and we expect generally that to continue.
Blaine Heck -- Wells Fargo -- Analyst
All right. Great. And then second question, I was hoping you to give a little bit more detail on the timeline for 1132 Bishop, you've taken a 125,000 square feet offline already. Stuart, you just mentioned some more expirations coming up. Are you just going to be taking back all of the space that expires or is there any challenge with respect to making sure you repositioning this space in large blocks? And then the supplemental offices that in order for the first units to deliver timely approvals need to be obtained. Can you just talk about the nature of those approvals and your thoughts on getting those by the delivery date?
Kevin A. Crummy -- Chief Investment Officer
Sure. Hey, Blaine, it's Kevin. We do have a little bit of wood to chop with the city relative to some approvals, but it's nothing that we don't think we're going to work through. And we've announced that our timing is to deliver the first phase of the units next year and we still feel comfortable with that. And regarding the timing of the overall project, I mean, it's going to take a couple of years to bleed everybody out of this building and migrate them out into the marketplace. And so -- and the timing of this, I think, that the more construction we do, the more rapidly some people want to get out of their leases. And so I can't really give you a defined timeline for the actual conversion, but it's going to be somewhere over the next couple of years before we have that built in a 100% residential.
Jordan L. Kaplan -- President and Chief Executive Officer
But we're able to convert -- when we get an entire floor back, we're able to convert floor by floor. Obviously, you can't covert half of the floor.
Blaine Heck -- Wells Fargo -- Analyst
Right, right. That's helpful. Thanks guys.
Operator
The next question comes from Craig Mailman of KeyBanc Capital Markets. Please go ahead.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Hey guys, just to clarify on the debt side. So it seems like pro forma the $220 million [Phonetic] you guys paid off subsequent to quarter-end. You still have about $700 million of kind of 2022s that are less that you guys would want to pay off this year, is that kind of correct? And you guys don't have anymore refinances and guidance. Is that because of minimal impact of where you could refinance versus kind of in-place rates or is it just going to be sort of end of year timing?
Jordan L. Kaplan -- President and Chief Executive Officer
I don't have that what you're looking at in front of you -- of me, but I could say this, I believe when we end this year, we are trying to get a $1.5 billion to $2 billion of debt refinanced. That debt, once it's done, we will have eliminated all maturities through 2024. Is that right?
Peter D. Seymour -- Chief Financial Officer
I mean it's '23.
Jordan L. Kaplan -- President and Chief Executive Officer
'23? '23. So, I mean, you could -- I don't know where on the schedule you're looking at, but there is that amount of debt that we can shift out.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Okay. So it's more than $1 billion.
Peter D. Seymour -- Chief Financial Officer
Yeah. And I mean, just to clarify on our schedule the three loans that mature in 2022, it's $920 million of principal.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Right. Then you guys paid off $220 million subsequent to the quarter end, right? Is that any of the --
Peter D. Seymour -- Chief Financial Officer
That was a '23 maturity.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
That was a '23 [Speech Overlap].
Peter D. Seymour -- Chief Financial Officer
That was a 2023 maturity.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Got you. Okay, So you guys still in the north of $1 billion to refinance roughly.
Peter D. Seymour -- Chief Financial Officer
Yeah.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Okay, that's helpful. And then just on the investment side, you guys have talked about kind of $200 million a year spending between redev and developments. Could you kind of talk about maybe where you are in the next one or two to go on ground-up for the resi program and maybe timing on when we should expect to hear more about those?
Jordan L. Kaplan -- President and Chief Executive Officer
We're -- we have to -- we effectively finished the one at MHA. We have a big one launching in at Hawaii, right, the conversion. We have the one we're building on Wilshire, right? So there is -- those are taking a lot of cash to do those. And then we're working actively at two additional sites both from -- actually three additional sites, one in Hawaii and two in LA to get them geared up for entitlements, so that they kind of are entitled online, as those are completing. And then those will sort of slide into it and hopefully we'll be able to properly move crews over to it.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Awesome. Thank you.
Operator
The next question comes from John Guinee of Stifel. Please go ahead.
John Guinee -- Stifel -- Analyst
Great. Thank you. I'm looking over the last 3.5 years of your lease economics and it's been stunningly consistent about 27% to 30% growth in GAAP rents, 11% to 13% growth in cash rents. Holding, releasing costs between about $5.75 and $6 per square foot per lease year, is this sustainable and for how long?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, we hope it's sustainable. I think that it's sustainable as long as the national economy keeps up, holds its own. In terms of a gateway market that's performing that way, I think we have stronger, more solid underpinning to be able to continue performing than some of the other markets that are single industry dependent. And I also think that we are priced -- we continue as we sit here now to be priced below whether it would be New York or certain areas in Boston, certainly, San Francisco or areas in Washington. So I -- without a national trip, I think that we have a very good running path ahead of us. But change in the national economy, it could be -- obviously, it could be hard on us and whatever some type of trade war that was particularly impactful to the rest. I don't know what it is, but it's nothing happening here local.
John Guinee -- Stifel -- Analyst
And then a follow-up. Most of your peers have a big 100,000, 500,000 [Phonetic], 150,000 square foot lease expirations, which always seem to go vacant. Do you have any of those on the horizon?
Jordan L. Kaplan -- President and Chief Executive Officer
No, not that I can think of because we really don't barely have any of those. So even when you look at our kind of largest tenant list, those tenants tend to be many, many tenancies at different locations that make that single person seeing [Phonetic] it out whether it'd be Bank of America and their various locations, UCLA and their 20 locations, or whatever it is. So we don't happen to have that sort of chunky, severe depression followed by elation of having leased that's -- signed gigantic lease. We are much more of a flow business.
Kevin A. Crummy -- Chief Investment Officer
Yeah. And I think in the entire portfolio, there are only four that over 100,000 square feet, and those that are expiring [Phonetic] comes in.
John Guinee -- Stifel -- Analyst
Great. Thank you.
Jordan L. Kaplan -- President and Chief Executive Officer
Thanks.
Operator
The next question comes from Manny Korchman of Citi. Please go ahead.
Manny Korchman -- Citi -- Analyst
Hi, everyone. Thank you for the equity discussion earlier in the call. I guess, as you thought about doing the common equity, how did you weigh that against contributing more assets to either the existing JV or other JVs?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, it's much more complicated to contribute assets that I didn't just buy to contribute assets that we've owned for a while than it is to contribute an asset that we just purchased. When you contribute an asset that you just purchased, you don't have to have a price discussion with your partners because it's the price you purchased it for. When you contribute one that you've owned for a while, it's more complicated because they don't feel like you're exactly on the same page with them in terms of the price it should go in. Now that's not to say that those aren't also discussions that we have, but we weren't prepared to have that discussion then.
Manny Korchman -- Citi -- Analyst
Thanks, Jordan. And just can you give us updated thoughts on what's going on in Downtown L.A. and how interested you are to get involved in that market right now?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, I'm happy that things are -- and there is development in construction and things going on in Downtown L.A. and all the great activity around USC and things that are happening. But it's not putting in a negative, not positive, nothing. It's not a typical Douglas Emmett market when you look at how focus we are on smaller tenants, the mix of industry, amenity base, being able to control what's going on, lack of real limitation on new supply, it wouldn't be a typical market for us, so you shouldn't expect to see us headed down there soon.
Manny Korchman -- Citi -- Analyst
Thanks, Jordan.
Jordan L. Kaplan -- President and Chief Executive Officer
Thanks.
Operator
The next question comes from John Kim of BMO Capital Markets. Please go ahead.
John Kim -- BMO Capital Markets -- Analyst
Thank you. On your multifamily same-store growth, I know it's impacted a little bit by insurance this quarter. But overall, it seemed a little bit weaker than some of your multifamily peers. Can you just discuss the occupancy dip that you had in Santa Monica and Brentwood? And also on Santa Monica, it looks like the rents were flat sequentially. I just wanted to see if you could elaborate on this?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, let's start with what you -- I felt that same-store on our resi was a little weaker than we expected it to come out as. Obviously, part of that has to do with a bad expense comparison in the previous quarter. I think, in Peter's remarks, he said that it was -- it would have been more like 3% had we not had the insurance income come in, in the previous quarter. But our resi, you're right, when you look backwards, we've been running more of four to six program, which has been extremely strong. And now even taking out the insurance gain that we had before, you're looking more of a three. I don't know if anything going on that is limiting on that front. We've had tremendous growth. I don't know what would cause a pause. Certainly there is noise quarter-to-quarter. Certainly, we aren't taking it as an indication that it slowed down, I mean, I know because I'm reading reports all the time that there is a tremendous shortage of for-rent housing in the markets that we're in. And certainly, everyone from the City Council to the Governor to everybody else is trying to figure out a way to increase the for-rent housing in these areas along transit corridors, really, a lot of areas where we own apartments now because they are just running at 100% full always. And rents continue moving. So I don't know if any issues, but I also agree with you. I thought this quarter was a little lighter than I would have otherwise expected.
John Kim -- BMO Capital Markets -- Analyst
Okay. And then on the office front, I think by recollection, you had seven office assets that were repositioned: five were back in the same-store pool this year, two are still under renovation. Can you just clarify those numbers? But also what was the impact of the renovated office assets to your same-store growth this period?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, we're getting the renovated buildings as they roll in are definitely improving our same-store, because as we've said to you, the renovations are impactful. I mean, we're seeing shifts. We -- even when the renovation isn't completed, we're seeing shifts. So obviously, we're anxious. First of all, we're anxious to have the same-store pool as large as possible because when it's too small, it gets too much very -- too much kind of random noise quarter-to-quarter. And as it gets larger, it's a little easier to predict. And so we're trying to push as much into it as we can. But if you're saying the renovated buildings are carrying their load at Maury [Phonetic], I'm sure they are because they -- when you're doing same-store and comparing back, we're seeing -- we're seeing same-store accelerated improvement from those renovations, which is, by the way what we predicted.
John Kim -- BMO Capital Markets -- Analyst
I'm just wondering because some of your peers will keep the renovated assets in the same-store pool through the renovation process, some do not. And I'm just wondering if you had considered, I guess, the more conservative approach.
Jordan L. Kaplan -- President and Chief Executive Officer
Well, I will say this, I would reverse what just said because what we actually -- I would say, a year or two ago, we went around and met with people. And they're like, "You're out of your mind. You have so little same store. You have all these buildings out that you're doing. You need to include more buildings and same-store". And we said, all right, we'll put them out, we'll put them in, which more conservative is to include as much in same-store as you can and not pull buildings out, which can be accused of cherry picking or whatever the case may be. So we said, all right, we'll put everything in, it's going to make things better, not worse, which at the time, people were thinking that we were keeping that because they made things worse. So we put them all in. Okay. So I would say that if you were to talk to your peers, they go, "Okay. Thank you. You took the conservative approach. When those are drawing, you put most of your buildings in unless they're extremely impacted." So that's what we did. You're calling that to be not conservative approach. That's not what we were told.
Kevin A. Crummy -- Chief Investment Officer
The part of the change also was including the -- other buildings and the -- most of the buildings in the JVs, because we had previously excluded all the buildings in our JVs from same-store. So that includes the buildings that are not going to repositioning.
John Kim -- BMO Capital Markets -- Analyst
Got it. Thank you.
Jordan L. Kaplan -- President and Chief Executive Officer
All right.
Operator
The next question comes from Dave Rodgers of Baird. Please go ahead.
Jordan L. Kaplan -- President and Chief Executive Officer
Dave?
Operator
Just one moment please. Mr. Rogers, please go ahead, sir.
Dave Rodgers -- Baird -- Analyst
Yeah. Can you hear me?
Jordan L. Kaplan -- President and Chief Executive Officer
Yeah, yeah.
Dave Rodgers -- Baird -- Analyst
Okay. Sorry, not sure what happened. But I guess on the acquisition pipeline, just curious, Kevin, can give us some additional detail on the change in interest rates and spreads if that kind of shaking more things loose, increasing the appetite and maybe how the pipeline looks today between multifamily and office?
Kevin A. Crummy -- Chief Investment Officer
The interest rate movement is all kind of so recent that most real estate are slow business, and it takes a while to sell something. And so most of the people who have made decisions to gear up and sell, made those decisions early in the year. The pipeline has been pretty good. I don't think that we're seeing a lot more flowing out due to the movement in interest rates. But the number of offerings in the market has been pretty solid. And I think the balance is kind of the same between multi and office that we typically see. Things like the Glendon don't come up very often because that was 350 units, which is a larger property for our markets, but there is a steady flow of a multifamily throughout the market as well.
Dave Rodgers -- Baird -- Analyst
And then maybe, Jordan, just going back to your comments earlier with regard to leverage on the portfolio. Obviously, if the goal is to kind of continue to push leverage down, not necessarily to a specific number, you've got a lot of developments. Would you contemplate kind of contributing those developments or redevelopment to completion? Or is it really just going to be the acquisitions? And I guess I'm thinking where the equity component is going to come in and to continue to delever the portfolio with the bigger and bigger development and redevelopment pipeline.
Jordan L. Kaplan -- President and Chief Executive Officer
We are willing to do deals where we contribute assets into a pool and there is a JV style pool. But it's just much more complicated. We have a group of JV partners and documents that are organized extremely well to just buy something and put it on the structure and fees and otherwise that's prenegotiated and ready to go. But, of course, in that situation, there is no issue about what the cost it's contributing on. It's much more complicated to contribute whether it'd be development assets or a section of -- or group of assets or whatever, because you have to agree on pricing and other things. That is definitely on our -- that is something that we do think about doing. We just haven't happened or done it here.
Dave Rodgers -- Baird -- Analyst
Thank you.
Operator
The next question comes from Rich Anderson of SMBC. Please go ahead.
Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst
Thanks. Good afternoon, or I guess good morning still. So, Jordan, when I think about your office portfolio and how it's so different than many of your peers in terms of its size, tenant -- typical tenant size and whatnot. And then I think about your history running multifamily assets over the past many years and still do today. Does it feel like your business having experienced it for a wide range of different types of office buildings flows more like a multifamily portfolio than an office portfolio just in terms of capex, and some of the other sort of things that tend to bite other office REITs in the neck because there's so much capital involved. Does it feel a little bit like multifamily to you or is that just as kind of a silly observation on my part?
Jordan L. Kaplan -- President and Chief Executive Officer
That's a 100% the way we feel. That's the exact on the nose exactly how it feel. Thank you for saying it. And it's funny to have someone say it back to us, because I've been saying for a while. We are moving, we are trying to move, I'm saying it internally. I haven't been saying to the outside world. We're trying to move the feel, the look and feel of leasing office space over to the same look and feel that you get when you rent an apartment. So if you got to rent an apartment, you don't walk in and say, "Hey, got the place, and I'm going to send in my planner." You don't say, "Let me introduce you to my lawyer." You don't say, "Let me introduce you to my construction company that we're going to have to do all this." Well, you know what you say? "Hmm, can you -- can I get paint and carpet?". And then you hand in the lease. Okay. That's what happens. That is what we're going for, and I'm telling you, we're achieving it.
I mean, when you look at the stats in terms of speed to move in, TI costs, our signature suites program, which is the prepared suites and moving people into them, the form leases, and quickness of negotiating these leases and getting them done because we only have certain clauses that are allowed to be changed. You would see that we've actually taken giant steps in that direction. And the reason for all of that is, it seems like in the office business, one of the most -- when you look at the office business, the most discussed item is rental rate, but the most important item is turnover costs. And that's TI, commissions and downtime. TI commissions and downtime represents so much more year-in and year-out money than whether you got another [Indecipherable] $0.10 or whatever the case may have been in the rental rate. And so the whole platform is shifted to focusing on those things. And as it has, what we've recognized is we need to operate more like the residential business, where they're looking for very little downtime between units and then move the tenants in. So that's exactly -- and that's the mantra around here.
Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst
Say that again?
Jordan L. Kaplan -- President and Chief Executive Officer
You're exactly right and that is the mantra around here.
Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst
Okay, thanks. And then secondly, again, along the line of the typical size of your tenants, how do you feel about a company like we work and just what they are attempting to do. Is that a good tenant for you? Or do you feel that that's competition? I don't know to what degree that they're in your markets, but I'm just curious what -- where you stand on that issue.
Jordan L. Kaplan -- President and Chief Executive Officer
I don't know that they're plus or minus vis-a-vis our markets for us. I know they're very anxious to get some space in our markets, our markets are fairly well leased, so it's hard for them to get in. My guess is the question of whether they're a plus or minus has more to do with the end game of WeWorks. Do they end up with the strategy that works long-term and, therefore, they don't create like during recession a giant vacancy across every place markets. At the moment, their -- they haven't been very impactful plus or minus in our markets, but we don't have markets of a lot of vacancy. I think there is markets with vacancy where they've come in and taking huge amounts of space and improve the economics of those markets because they supply it.
Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst
Great. Okay. That's all I have. Thanks.
Operator
The next question comes from Daniel Ismail of Green Street Advisors. Please go ahead.
Daniel Ismail -- Green Street Advisors -- Analyst
Thanks and good morning. Jordan, you've been pretty vocal about your thoughts on Prop 13. I'm curious to hear your thoughts on the failure of measured EE and if that provides any sort of litmus test for 2020's Prop 13 ballot measure.
Jordan L. Kaplan -- President and Chief Executive Officer
I thought it did provide a litmus test as. It -- as obviously you know that needed to pass by -- need to pass two-thirds.
Peter D. Seymour -- Chief Financial Officer
Two-thirds, yes.
Jordan L. Kaplan -- President and Chief Executive Officer
And it didn't even get 45%. And it only had -- the only advertising that was out there was the advertising in favor of it that was essentially seem to be sponsored by the city. So I feel that there will not be for the people that haven't heard about this already. There's been -- it's been proposed by some groups that Prop 13 should run at a split role. So you should Prop 13 protection on residential, but not on all commercial space. But commercial space is very broad and impacts all small businesses, all -- everybody. I mean it's just a dramatic change and there's even been the county assessors for the various counties have already come out and said, they don't know that that's even something that they could do would be to reappraise every single commercial property in the state. And one even said, you'd have to -- whatever revenue the split role would generate, it'd be more than that to hire the people to do it. But anyway, I did not feel that this state have voters that are at all sympathetic to a split role or frankly any modification to Prop 13 and, in fact, they have shown that they are not very sympathetic to almost any further taxes going forward. We are operating at very high tax rate as it sits today and you're just not hearing a lot of that, whether it'd be from politicians or others, you have individual groups that would like to get their hands on more money that are pushing things, but you're not seeing that institutionally across the state.
And certainly a change to Prop 13 would be a particular shot at the residents of California, right? Because if you're going to say, if you do -- if you're willing to have your business and do business in California, we're going to tax you. But if you're willing to have your business in any other state and only sell products in California, you can get out of the tax, that's a strange way to go. Right? You would think that would be the opposite of what a state would want to do. And in fact, when we talk to politicians, I think they feel that way too.
Daniel Ismail -- Green Street Advisors -- Analyst
Great. And maybe just shifting over to the office markets just for a moment. Can you give us an update on year-over-year net effective rent growth in your various west L.A. submarkets?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, we're seeing very good growth. It depends on the market. We're seeing very -- obviously, we're starting to see some reasonable growth in Hawaii. We're seeing very good growth on the Westside and we can see it on Sherman Oaks. And we're seeing, what I would call, very modest growth in Warner Center market. And even that one, as I think Stuart mentioned, has finally got to clear up arrow, which is nice.
Daniel Ismail -- Green Street Advisors -- Analyst
Relative to '18 is that -- would you frame it as a deceleration stable or an acceleration in terms of year-over-year growth?
Jordan L. Kaplan -- President and Chief Executive Officer
I'd say '18 had an up arrow, and '19 has an up arrow, but I wouldn't say the arrow's any bigger or smaller for either year. Are you just talking about Warner Center? Is that what you're asking me?
Daniel Ismail -- Green Street Advisors -- Analyst
No, no, for West L.A. office.
Jordan L. Kaplan -- President and Chief Executive Officer
All of it is just -- our up arrow, as was asked earlier on the call, the same-store, our up arrow is getting a little cloudy, when you say up arrow on market and up arrow from the gains we are making from doing our buildings. So we're -- we might be seeing a little more action than the average of the market from those activities. The activities are saying good gains, but of course spread across the whole portfolio there still having some impact, as it was brought up earlier.
Daniel Ismail -- Green Street Advisors -- Analyst
Okay. Great. Thanks everyone.
Operator
The next question comes from Bill Crow of Raymond James. Please go ahead.
William Crow -- Raymond James -- Analyst
Good afternoon. Jordan, what is the possibility that they could try and solve the housing issue by speeding up the permitting process?
Jordan L. Kaplan -- President and Chief Executive Officer
Oh, please. I would tell you this, it's not even lost even lost on politicians at this point that Sequoia has turned into a drag on promoting housing and housing is a big goal across the board. I mean, if you go to -- from city councils to mayors to governors to county board assessors, it's housing, housing, housing. Okay. And what they're hearing back is, first of all, you got to find a way to deal with it. [Indecipherable] or bananas not in my backyard. Everybody goes, we need housing, just not my backyard. Put in, in that guys and that guys for sure, not mine, OK. That's number one. And number two is, we got to figure out a way to modify Sequoia, because Sequoia is used not to protect, it so rarely used to protect and so often used to -- as a sword and to attack. I mean, you can see Sequoia claims being generated out a law firms that are out of state they find one person here. And I mean we had -- we had one against us where the person left in then the guy's secretary became the Sequoia claimant. I mean it's just turned insane. And it's being used to just drag these out. You know what. they are not as effective against the company like ours, but it's the way a claim becomes effective is, if you need to go out and raise your equity and you got to go out and raise the debt, because you want to build, let's say, an apartment somewhere and you get a Sequoia claim, a lot of times the debt won't fund till its claim clears or the equity won't funds till the claim clears, and that gives them leverage. Even the worst claims in the world, that's certainly a win if you can get into court, can stall a deal to the point where now that developer has to go and now argue with those Sequoia claimant.
And this is not lost on this offerings. I mean they're in the business of doing this. So that is -- that is in the discussion, but obviously there is points on both sides, the original reason for Sequoia was probably a good reason. It's just big horrifically misuse now. And so we need to look for ways to fix that. And you've seen there is precedent for that because when the state wants something big to happen, a stadium downtown or whatever, something big to happen, they will literally pass the bill and exempt them from Sequoia to get them free of those nuance lawsuits so that they can move through and get done. So I'm hopeful for something like that. I don't know how quickly it will occur, but people -- it is certainly recognized that, that is one of the things that's in the way.
William Crow -- Raymond James -- Analyst
Yeah, I always like to hear your perspective on the politics out there. The follow-up question was on the signature suites, which you referenced a few questions ago. How important is that becoming to your business? And what is the rent differential between a signature suite and traditional office space?
Jordan L. Kaplan -- President and Chief Executive Officer
Well, it's very important in our business. In fact, I just something that said we're trying to do -- we're trying to build out 30 a month. Is that right? Was that the number? 30 a month. I mean, we are so focused on those suites and they are doing so well for us. I would say to be most accurate in the question, is not that this -- the rent in the suite would be higher or lower, I would say the net cost of renting this suite and the downtime is much better package that when someone comes in and no matter how fast we are when we have to modify that suite to fit them, that's a completely different deal. Somebody could come in and look at one of those suites, we can have them next week. I mean, these numbers are crazy. They're so good in terms of the speed, the cost of the TI. But there is no TI, right. And having a suite also that is reusable at very little TI cost. Remember, we're using all space planners to build the suites to the most standard feel that we know will be appreciated by the widest class of people. And so when we do that, we get something that's very reusable and cost effective. And then you would say "That by itself would be a fantastic win". And then you say, "oh by the way and we lease them faster, and by the way, those build-outs are cheaper than the build-outs that we have to do and the person's expecting something that they particularly want. And by the way, they're in the space almost immediately and paying. Okay, everything good about that program".
William Crow -- Raymond James -- Analyst
It sounds like -- it sounds like that's one of the kickers to the same-store growth as well, right? Just above and beyond what the market might be giving you.
Jordan L. Kaplan -- President and Chief Executive Officer
Yes, it is.
William Crow -- Raymond James -- Analyst
All right. That's it from me. Thank you.
Jordan L. Kaplan -- President and Chief Executive Officer
Okay. Thanks.
Operator
This concludes our question-and-answer session. I would like to turn the conference back over to Jordan Kaplan, Chief Executive Officer for any closing remarks.
Jordan L. Kaplan -- President and Chief Executive Officer
Thank you for joining us. We look forward to speaking with your next quarter.
Operator
[Operator Closing Remarks]
Duration: 56 minutes
Call participants:
Stuart McElhinney -- Vice President of Investor Relations
Jordan L. Kaplan -- President and Chief Executive Officer
Kevin A. Crummy -- Chief Investment Officer
Peter D. Seymour -- Chief Financial Officer
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst
Blaine Heck -- Wells Fargo -- Analyst
Craig Mailman -- KeyBanc Capital Markets -- Analyst
John Guinee -- Stifel -- Analyst
Manny Korchman -- Citi -- Analyst
John Kim -- BMO Capital Markets -- Analyst
Dave Rodgers -- Baird -- Analyst
Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst
Daniel Ismail -- Green Street Advisors -- Analyst
William Crow -- Raymond James -- Analyst
More DEI analysis
Transcript powered by AlphaStreet
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
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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.
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Douglas Emmett Inc (NYSE: DEI) Q2 2019 Earnings Call Aug. 06, 2019, 2:00 p.m. Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst Blaine Heck -- Wells Fargo -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst William Crow -- Raymond James -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Increase our future financing flexibility by expanding our pool of unencumbered properties to almost 40% of our portfolio; and reduce our share of outstanding net debt by nearly $200 million before the impact of new acquisitions this year.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst Blaine Heck -- Wells Fargo -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst William Crow -- Raymond James -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Douglas Emmett Inc (NYSE: DEI) Q2 2019 Earnings Call Aug. 06, 2019, 2:00 p.m. they are not as effective against the company like ours, but it's the way a claim becomes effective is, if you need to go out and raise your equity and you got to go out and raise the debt, because you want to build, let's say, an apartment somewhere and you get a Sequoia claim, a lot of times the debt won't fund till its claim clears or the equity won't funds till the claim clears, and that gives them leverage.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst Blaine Heck -- Wells Fargo -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst William Crow -- Raymond James -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Douglas Emmett Inc (NYSE: DEI) Q2 2019 Earnings Call Aug. 06, 2019, 2:00 p.m. Jordan L. Kaplan -- President and Chief Executive Officer I don't have that what you're looking at in front of you -- of me, but I could say this, I believe when we end this year, we are trying to get a $1.5 billion to $2 billion of debt refinanced.
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Crummy -- Chief Investment Officer Peter D. Seymour -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst Alexander Pernokas -- Bank of America Merrill Lynch -- Analyst Blaine Heck -- Wells Fargo -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst John Guinee -- Stifel -- Analyst Manny Korchman -- Citi -- Analyst John Kim -- BMO Capital Markets -- Analyst Dave Rodgers -- Baird -- Analyst Richard Anderson -- SMBC Nikko Securities America Inc -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst William Crow -- Raymond James -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Douglas Emmett Inc (NYSE: DEI) Q2 2019 Earnings Call Aug. 06, 2019, 2:00 p.m. We had a busy quarter in the capital markets.
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c2ed4dad-b8f3-413f-a5e5-d8271a82462f
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725012.0
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2019-06-26 00:00:00 UTC
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Douglas Emmett Becomes Oversold (DEI)
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-becomes-oversold-dei-2019-06-26
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.98, after changing hands as low as $38.88 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 56.2. A bullish investor could look at DEI's 29.98 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. The chart below shows the one year performance of DEI shares:
Looking at the chart above, DEI's low point in its 52 week range is $32.32 per share, with $42.41 as the 52 week high point — that compares with a last trade of $38.99.
Find out what 9 other oversold stocks you need to know about »
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) entered into oversold territory, hitting an RSI reading of 29.98, after changing hands as low as $38.88 per share. A bullish investor could look at DEI's 29.98 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $32.32 per share, with $42.41 as the 52 week high point — that compares with a last trade of $38.99.
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A bullish investor could look at DEI's 29.98 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $32.32 per share, with $42.41 as the 52 week high point — that compares with a last trade of $38.99. In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.98, after changing hands as low as $38.88 per share.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.98, after changing hands as low as $38.88 per share. A bullish investor could look at DEI's 29.98 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $32.32 per share, with $42.41 as the 52 week high point — that compares with a last trade of $38.99.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) entered into oversold territory, hitting an RSI reading of 29.98, after changing hands as low as $38.88 per share. A bullish investor could look at DEI's 29.98 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. The chart below shows the one year performance of DEI shares: Looking at the chart above, DEI's low point in its 52 week range is $32.32 per share, with $42.41 as the 52 week high point — that compares with a last trade of $38.99.
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28d25817-d35a-45ff-b00d-35223e643658
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725013.0
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2019-06-25 00:00:00 UTC
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Ex-Dividend Reminder: OFG Bancorp, Douglas Emmett and Colony Capital
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder%3A-ofg-bancorp-douglas-emmett-and-colony-capital-2019-06-25
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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 6/27/19, OFG Bancorp (Symbol: OFG), Douglas Emmett Inc (Symbol: DEI), and Colony Capital Inc (Symbol: CLNY) will all trade ex-dividend for their respective upcoming dividends. OFG Bancorp will pay its quarterly dividend of $0.07 on 7/15/19, Douglas Emmett Inc will pay its quarterly dividend of $0.26 on 7/12/19, and Colony Capital Inc will pay its quarterly dividend of $0.11 on 7/15/19. As a percentage of OFG's recent stock price of $20.54, this dividend works out to approximately 0.34%, so look for shares of OFG Bancorp to trade 0.34% lower — all else being equal — when OFG shares open for trading on 6/27/19. Similarly, investors should look for DEI to open 0.64% lower in price and for CLNY to open 2.17% lower, all else being equal.
Below are dividend history charts for OFG, DEI, and CLNY, showing historical dividends prior to the most recent ones declared.
OFG Bancorp (Symbol: OFG):
Douglas Emmett Inc (Symbol: DEI):
Colony Capital Inc (Symbol: CLNY):
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 1.36% for OFG Bancorp, 2.55% for Douglas Emmett Inc, and 8.66% for Colony Capital Inc .
In Tuesday trading, OFG Bancorp shares are currently down about 0.3%, Douglas Emmett Inc shares are up about 0.5%, and Colony Capital Inc shares are up about 0.2% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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 6/27/19, OFG Bancorp (Symbol: OFG), Douglas Emmett Inc (Symbol: DEI), and Colony Capital Inc (Symbol: CLNY) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DEI to open 0.64% lower in price and for CLNY to open 2.17% lower, all else being equal. Below are dividend history charts for OFG, DEI, and CLNY, 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 6/27/19, OFG Bancorp (Symbol: OFG), Douglas Emmett Inc (Symbol: DEI), and Colony Capital Inc (Symbol: CLNY) will all trade ex-dividend for their respective upcoming dividends. OFG Bancorp (Symbol: OFG): Douglas Emmett Inc (Symbol: DEI): Colony Capital Inc (Symbol: CLNY): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for DEI to open 0.64% lower in price and for CLNY to open 2.17% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/27/19, OFG Bancorp (Symbol: OFG), Douglas Emmett Inc (Symbol: DEI), and Colony Capital Inc (Symbol: CLNY) will all trade ex-dividend for their respective upcoming dividends. OFG Bancorp (Symbol: OFG): Douglas Emmett Inc (Symbol: DEI): Colony Capital Inc (Symbol: CLNY): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for DEI to open 0.64% lower in price and for CLNY to open 2.17% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel, on 6/27/19, OFG Bancorp (Symbol: OFG), Douglas Emmett Inc (Symbol: DEI), and Colony Capital Inc (Symbol: CLNY) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DEI to open 0.64% lower in price and for CLNY to open 2.17% lower, all else being equal. Below are dividend history charts for OFG, DEI, and CLNY, showing historical dividends prior to the most recent ones declared.
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59687416-826d-43e5-90e7-c04be888dd13
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725014.0
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2019-06-18 00:00:00 UTC
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Notable ETF Outflow Detected - XMLV, PSB, CPT, DEI
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DEI
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https://www.nasdaq.com/articles/notable-etf-outflow-detected-xmlv-psb-cpt-dei-2019-06-18
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $46.4 million dollar outflow -- that's a 1.6% decrease week over week (from 57,200,000 to 56,300,000). Among the largest underlying components of XMLV, in trading today PS Business Parks Inc (Symbol: PSB) is up about 0.8%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and Douglas Emmett Inc (Symbol: DEI) is higher by about 0.3%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average:
Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.0184 as the 52 week high point — that compares with a last trade of $51.91. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
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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Among the largest underlying components of XMLV, in trading today PS Business Parks Inc (Symbol: PSB) is up about 0.8%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and Douglas Emmett Inc (Symbol: DEI) is higher by about 0.3%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.0184 as the 52 week high point — that compares with a last trade of $51.91. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of XMLV, in trading today PS Business Parks Inc (Symbol: PSB) is up about 0.8%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and Douglas Emmett Inc (Symbol: DEI) is higher by about 0.3%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.0184 as the 52 week high point — that compares with a last trade of $51.91. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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Among the largest underlying components of XMLV, in trading today PS Business Parks Inc (Symbol: PSB) is up about 0.8%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and Douglas Emmett Inc (Symbol: DEI) is higher by about 0.3%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $46.4 million dollar outflow -- that's a 1.6% decrease week over week (from 57,200,000 to 56,300,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.0184 as the 52 week high point — that compares with a last trade of $51.91.
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Among the largest underlying components of XMLV, in trading today PS Business Parks Inc (Symbol: PSB) is up about 0.8%, Camden Property Trust (Symbol: CPT) is down about 0.2%, and Douglas Emmett Inc (Symbol: DEI) is higher by about 0.3%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $46.4 million dollar outflow -- that's a 1.6% decrease week over week (from 57,200,000 to 56,300,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $52.0184 as the 52 week high point — that compares with a last trade of $51.91.
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7aa98872-fe96-44ef-856a-06ca06aed71f
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725015.0
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2019-05-29 00:00:00 UTC
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5 REITs to Buy While They’re Dirt Cheap
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DEI
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https://www.nasdaq.com/articles/5-reits-to-buy-while-theyre-dirt-cheap-2019-05-29
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nan
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nan
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There’s no denying that real estate investment trusts (REITs) have a lot to offer investors. Thanks to their tax-structure, REITs pass much of their cash flows back to investors as juicy dividends. This provides them with yields in the 3 to 5% range. At the same time, thanks to rising rents, those dividends continue to grow — which in turn pushes up share prices.
The magic for REITs lies within a number called funds from operations (FFO). FFO is basically the cash flows that REITs have to distribute. Rising FFO numbers simply equals more dividends for shareholders.
But the trick is not to pay too much for those funds.
Just like stocks can be expensive, REITs can also be a bit pricey. But rather than use a price-to-earnings ratio, the best way to look at REITs is via a price-to-FFO. The idea is that you’re not paying too much for those cash flows. And that’s to the recent market hiccups, many real estate investment trusts are trading for bargain levels. Investors can get their rising dividends at a cheaper price point.
With that, here are five top-notch REITs to buy while they’re dirt cheap.
Tanger Factory Outlet Centers (SKT)
Source: Shutterstock
P/FFO: 7.31
Some of the cheapest REITs can be found among the shopping malls and retail owners. And it’s easy to see why. Online shopping and Amazon (NYSE:) continue to eat many brick & mortar retailers’ lunch. This has resulted in plenty of bankruptcies and store closings. That clearly hurts the owners of shopping malls right in the wallet. But the sector isn’t all doom and gloom. There are bargains to be had, and one of the best could be Tanger Factory Outlet Centers (NYSE:).
SKT’s win lies within its operating markets. Tanger is the biggest REIT focused on outlet shopping — with a portfolio of located in 20 states. The kicker is that outlet shopping tends to be “destination shopping.” But SKT’s properties feature plenty of amenities — such as restaurants, movie theaters, and entertainment. This keeps luring shoppers back for the bargains. Moreover, many of these outdoor shopping plazas are located in higher-income areas that are unaffected by recessions and other downturns.
Add in its very conservative balance sheet and you a long runway to fight off online rivals.
The proof comes down to Tanger’s numbers. , SKT managed to keep its FFO roughly the same as a year ago. Meanwhile, foot traffic and occupancy numbers continue to rise. And yet, the market is throwing the REIT away with a P/FFO of just 7.31 and big 7.86% dividend yield.
Ventas (VTR)
Source:
P/FFO: 16.16
Healthcare remains one of the best long-term sectors for investors. As out population continue to age and grow, more demand is inevitable. That demand won’t just happen towards drugs and equipment, but places to conduct healthcare as well. Some of the best opportunities for investors could be in the real estate related to hospitals, doctors’ offices, senior living facilities, etc.
That could make Ventas’ (NYSE:) cheap P/FFO of 16 a steal for the long haul.
VTR is one of the . That includes more than 730 senior housing facilities, 350 medical office buildings and 37 research/biotech offices as well as numerous long-term care and skilled nursing facilities. All in all, Ventas owns nearly 1200 different medical-related properties. Turns out that’s a good place to be. VTR just sits back and collects a rent check. The firm doesn’t have to worry about potential regulation, billing of patients or the other hassles of the healthcare sector.
This has translated into a steady diet of FFO increases. reported FFO jumped 2.08% in the last quarter thanks to rent increases and higher billings. As expected, VTR has used those jumps to its cash flows to reward shareholders. Since 2001, Ventas has been able to grow its dividend by 8% annually. That an impressive feat that many REITs can match.
Ventas yields 4.81%.
Douglas Emmett (DEI)
Source: Shutterstock
P/FFO: 20.48
One of the chief sayings in real estate happens to be “location, location, location.” But there are tons of truth to the old adage. Those investors with properties in the hottest market do better than those holding buildings in say Pawnee, Indiana. REIT Douglas Emmett (NYSE:) certainly fits into the former camp.
DEI owns office and residential buildings in Southern California. We’re talking L.A. San Francisco, Santa Monica, Beverly Hills, etc. The key for Douglas Emmett is that this area of the country is in very very very high demand. And yet, space continues to be constrained. There simply isn’t any real room in Southern California to build new construction. This provides DEI with an amazing moat, strong rent growth — — and high occupancy rates for its properties.
All of this has helped drive DEI’s dividends over the last decade or so.
The beauty is that Douglas Emmett has been using excess cash to replicate its model in another high barrier to entry market Honolulu and Hawaii. DEI has been on a buying spree lately, locking in top . This provides it will another avenue for future FFO growth and dividend increases.
And yet, with a P/FFO that’s lower than the broader indexes covering REITs, investors are considering the potential at DEI.
Highwoods Properties, Inc. (HIW)
Source:
P/FFO: 12.87
While New York and California get a lot of attention from investors looking at REITs, the south can be ignored. There are regions and corridors in the southern United States that garner higher incomes, high employment rates, and strong economic growth. Cheap REIT Highwoods Properties (NYSE:) is one way to capitalize on these markets.
Raleigh, North Carolina- based HIW owns office buildings and plazas in such southern hotbeds of growth like Atlanta, Tampa, Orlando, Nashville, Memphis, Raleigh, and Richmond. It also owns a swath of assets in Pittsburgh — which continues to see an economic renaissance. This southern niche continues to help drive growth at HIW in both the cash flow and dividend department.
However, since the south is often ignored by other REITs, HIW has been able to take advantage of these top-tier cities stealth growth and has continued to beef up its development projects here. It currently has 8 development projects in its top three markets. . Right out the gate, Highwoods should be able to start making money on the projects.
And it’ll share the wealth as well. While the firm kept its payout static during and after the recession, it’s recently begun to increase the payout. After a to free itself of extra cash, the REIT has increased its payout by 12%.
All in all, HIW stock is a cheap way to buy into some of the hottest and secret markets in the country.
Mid-American Apartment Communities (MAA)
Source:
P/FFO: 19.01
Apartment REITs have been some of the asset classes best performers since the recession. That’s included Mid-American Apartment Communities (NYSE:). And yet, MAA is still cheap when compared to many of its apartment peers. That could be a huge opportunity for investors.
The opportunity comes from MAA’s strategy. Unlike many apartment REITs that have flocked to urban areas in top tier markets, MAA has continued to focus on suburban markets in the Sunbelt. This has continued to push MAA’s occupancy rates higher and help it score top renewal rates in the sector.
Secondly, Mid-American isn’t going for the super high end. The average rental price for its apartments is . This provides plenty of resiliency with regards to its tenants with regards to economic conditions. The combination of operating regions and market segment has allowed MAA to realize some strong growth over the last decade.
This has all translated into impressive total returns for shareholders. Over the last two decades, MAA has managed to produce 13.4% annualized total returns. That destroys the S&P 500 returns in that time frame. And much of that return has come from the firm’s commitment to .
With a low P/FFO ratio, MAA could be one of the best buys in the apartment sector.
Disclosure: At the time of writing, Aaron Levitt held a position in AMZN.
The post appeared first on InvestorPlace.
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) Source: Shutterstock DEI owns office and residential buildings in Southern California. This provides DEI with an amazing moat, strong rent growth — — and high occupancy rates for its properties.
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Douglas Emmett (DEI) Source: Shutterstock DEI owns office and residential buildings in Southern California. This provides DEI with an amazing moat, strong rent growth — — and high occupancy rates for its properties.
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Douglas Emmett (DEI) Source: Shutterstock DEI owns office and residential buildings in Southern California. This provides DEI with an amazing moat, strong rent growth — — and high occupancy rates for its properties.
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Douglas Emmett (DEI) Source: Shutterstock DEI owns office and residential buildings in Southern California. This provides DEI with an amazing moat, strong rent growth — — and high occupancy rates for its properties.
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b20bfac7-9101-42da-b2bd-2369a99b346e
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725016.0
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2019-05-29 00:00:00 UTC
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Invesco S&P MidCap Low Volatility ETF Experiences Big Outflow
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DEI
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https://www.nasdaq.com/articles/invesco-sp-midcap-low-volatility-etf-experiences-big-outflow-2019-05-29
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $45.2 million dollar outflow -- that's a 1.6% decrease week over week (from 56,650,000 to 55,750,000). Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is off about 0.8%, PS Business Parks Inc (Symbol: PSB) is off about 1.4%, and Camden Property Trust (Symbol: CPT) is lower by about 0.7%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average:
Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $51.67 as the 52 week high point — that compares with a last trade of $49.90. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
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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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is off about 0.8%, PS Business Parks Inc (Symbol: PSB) is off about 1.4%, and Camden Property Trust (Symbol: CPT) is lower by about 0.7%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $51.67 as the 52 week high point — that compares with a last trade of $49.90. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is off about 0.8%, PS Business Parks Inc (Symbol: PSB) is off about 1.4%, and Camden Property Trust (Symbol: CPT) is lower by about 0.7%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $51.67 as the 52 week high point — that compares with a last trade of $49.90. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is off about 0.8%, PS Business Parks Inc (Symbol: PSB) is off about 1.4%, and Camden Property Trust (Symbol: CPT) is lower by about 0.7%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $45.2 million dollar outflow -- that's a 1.6% decrease week over week (from 56,650,000 to 55,750,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $51.67 as the 52 week high point — that compares with a last trade of $49.90.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is off about 0.8%, PS Business Parks Inc (Symbol: PSB) is off about 1.4%, and Camden Property Trust (Symbol: CPT) is lower by about 0.7%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $45.2 million dollar outflow -- that's a 1.6% decrease week over week (from 56,650,000 to 55,750,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.108 per share, with $51.67 as the 52 week high point — that compares with a last trade of $49.90.
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761bbcb7-66a4-4581-b436-cf1886d1c751
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725017.0
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2019-04-08 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-2019-04-08
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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 $41.45, changing hands for $41.51/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 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 $37.00. And then on the other side of the spectrum one analyst has a target as high as $46.00. The standard deviation is $2.583.
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 $41.45/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $41.45 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:
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 »
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 $41.45, changing hands for $41.51/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 $41.45/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $41.45 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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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $41.45, changing hands for $41.51/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 $41.45/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $41.45 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 $41.45/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $41.45 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 $41.45, changing hands for $41.51/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 $41.45, changing hands for $41.51/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 $41.45/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $41.45 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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322fafa1-ed32-4a70-80c2-8ecd690449ea
|
725018.0
|
2019-03-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for March 28, 2019
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-march-28-2019-2019-03-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 28, 2019. A cash dividend payment of $0.26 per share is scheduled to be paid on April 16, 2019. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4% increase over prior dividend payment.
The previous trading day's last sale of DEI was $40.74, representing a -1.38% decrease from the 52 week high of $41.31 and a 26.05% increase over the 52 week low of $32.32.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.69. Zacks Investment Research reports DEI's forecasted earnings growth in 2019 as 4.46%, compared to an industry average of -.5%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to DEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have DEI as a top-10 holding:
Invesco S&P MidCap Low Volatility ETF ( XMLV ).
The top-performing ETF of this group is XMLV with an increase of 7.1% over the last 100 days. It also has the highest percent weighting of DEI at 1.48%.
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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DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports DEI's forecasted earnings growth in 2019 as 4.46%, compared to an industry average of -.5%. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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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. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 28, 2019. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $40.74, representing a -1.38% decrease from the 52 week high of $41.31 and a 26.05% increase over the 52 week low of $32.32. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 28, 2019. The previous trading day's last sale of DEI was $40.74, representing a -1.38% decrease from the 52 week high of $41.31 and a 26.05% increase over the 52 week low of $32.32.
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9bf32bc7-9e4b-47df-bd52-c9a7b7b1b725
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725019.0
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2019-03-26 00:00:00 UTC
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Ex-Dividend Reminder: First Bancorp, Paramount Group and Douglas Emmett
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder-first-bancorp-paramount-group-and-douglas-emmett-2019-03-26
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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 3/28/19, First Bancorp (Symbol: FBNC), Paramount Group Inc (Symbol: PGRE), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. First Bancorp will pay its quarterly dividend of $0.12 on 4/25/19, Paramount Group Inc will pay its quarterly dividend of $0.10 on 4/15/19, and Douglas Emmett Inc will pay its quarterly dividend of $0.26 on 4/16/19. As a percentage of FBNC's recent stock price of $34.24, this dividend works out to approximately 0.35%, so look for shares of First Bancorp to trade 0.35% lower - all else being equal - when FBNC shares open for trading on 3/28/19. Similarly, investors should look for PGRE to open 0.71% lower in price and for DEI to open 0.64% lower, all else being equal.
Below are dividend history charts for FBNC, PGRE, and DEI, showing historical dividends prior to the most recent ones declared.
First Bancorp (Symbol: FBNC) :
Paramount Group Inc (Symbol: PGRE) :
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 recen t dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.40% for First Bancorp , 2.84% for Paramount Group Inc, and 2.57% for Douglas Emmett Inc.
In Tuesday trading, First Bancorp shares are currently up about 0.3%, Paramount Group Inc shares are up about 0.3%, and Douglas Emmett Inc shares are up about 0.5% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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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Looking at the universe of stocks we cover at Dividend Channel , on 3/28/19, First Bancorp (Symbol: FBNC), Paramount Group Inc (Symbol: PGRE), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for PGRE to open 0.71% lower in price and for DEI to open 0.64% lower, all else being equal. Below are dividend history charts for FBNC, PGRE, 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 3/28/19, First Bancorp (Symbol: FBNC), Paramount Group Inc (Symbol: PGRE), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. First Bancorp (Symbol: FBNC) : Paramount Group Inc (Symbol: PGRE) : 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 PGRE to open 0.71% lower in price and for DEI to open 0.64% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 3/28/19, First Bancorp (Symbol: FBNC), Paramount Group Inc (Symbol: PGRE), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. First Bancorp (Symbol: FBNC) : Paramount Group Inc (Symbol: PGRE) : 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 PGRE to open 0.71% lower in price and for DEI to open 0.64% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 3/28/19, First Bancorp (Symbol: FBNC), Paramount Group Inc (Symbol: PGRE), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for PGRE to open 0.71% lower in price and for DEI to open 0.64% lower, all else being equal. Below are dividend history charts for FBNC, PGRE, and DEI, showing historical dividends prior to the most recent ones declared.
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40b496d5-16f1-409b-afa6-c22f47ee3f83
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725020.0
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2019-03-22 00:00:00 UTC
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Interesting DEI Put Options For May 17th
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DEI
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https://www.nasdaq.com/articles/interesting-dei-put-options-may-17th-2019-03-22
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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 May 17th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new May 17th contracts and identified the following put contract of particular interest.
The put contract at the $40.00 strike price has a current bid of 55 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $39.45 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $40.64/share today.
Because the $40.00 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 61%. 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 1.38% return on the cash commitment, or 8.96% 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 $40.00 strike is located relative to that history:
The implied volatility in the put contract example above is 18%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $40.64) to be 17%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Puts of the REITs »
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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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the May 17th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new May 17th 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 $40.64/share today.
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the May 17th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new May 17th 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 $40.64/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 May 17th 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 May 17th expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $40.64/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 May 17th 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 May 17th expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $40.64/share today.
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2c83fe9c-11da-4227-b403-0d47cba98cfd
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725021.0
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2019-03-11 00:00:00 UTC
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Daily Dividend Report: DHR, VZ, MDT, DEI, INT
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report-dhr-vz-mdt-dei-int-2019-03-11
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nan
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nan
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Danaher Corporation ( DHR ) announced that its Board of Directors has approved a regular quarterly cash dividend of $0.17 per share payable on April 26, 2019 to holders of record on March 29, 2019.
Verizon Communications ( VZ ) declared a quarterly dividend of 60.25 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on May 1, 2019, to Verizon shareowners of record at the close of business on April 10, 2019.
Medtronic ( MDT ) approved the fiscal year 2019 fourth quarter cash dividend of $0.50 per ordinary share, representing a 9 percent increase over the prior year. The dividend is payable on April 12, 2019, to shareholders of record at the close of business on March 22, 2019.
Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on April 16, 2019 to shareholders of record as of March 29, 2019.
World Fuel Services Corporation ( INT ) announced that its board of directors has declared a quarterly cash dividend of $0.06 per share payable on April 12, 2019 to shareholders of record on March 22, 2019.
VIDEO: Daily Dividend Report: DHR, VZ, MDT, DEI, INT
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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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on April 16, 2019 to shareholders of record as of March 29, 2019. VIDEO: Daily Dividend Report: DHR, VZ, MDT, DEI, INT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Danaher Corporation ( DHR ) announced that its Board of Directors has approved a regular quarterly cash dividend of $0.17 per share payable on April 26, 2019 to holders of record on March 29, 2019.
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VIDEO: Daily Dividend Report: DHR, VZ, MDT, DEI, INT 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 ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on April 16, 2019 to shareholders of record as of March 29, 2019. Danaher Corporation ( DHR ) announced that its Board of Directors has approved a regular quarterly cash dividend of $0.17 per share payable on April 26, 2019 to holders of record on March 29, 2019.
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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on April 16, 2019 to shareholders of record as of March 29, 2019. VIDEO: Daily Dividend Report: DHR, VZ, MDT, DEI, INT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Danaher Corporation ( DHR ) announced that its Board of Directors has approved a regular quarterly cash dividend of $0.17 per share payable on April 26, 2019 to holders of record on March 29, 2019.
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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.26, or $1.04 on an annualized basis, to be paid on April 16, 2019 to shareholders of record as of March 29, 2019. VIDEO: Daily Dividend Report: DHR, VZ, MDT, DEI, INT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The dividend is payable on May 1, 2019, to Verizon shareowners of record at the close of business on April 10, 2019.
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35920bb9-72e7-42a7-89e4-4574d28bbd38
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725022.0
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2019-02-13 00:00:00 UTC
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Douglas Emmett Inc (DEI) Q4 2018 Earnings Conference Call Transcript
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-q4-2018-earnings-conference-call-transcript-2019-02-13
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Douglas Emmett Inc (NYSE: DEI)
Q4 2018 Earnings Conference Call
Feb. 13, 2019 , 2:00 p.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Earnings Call. Today's call is being recorded. At this time, all participants are in a listen-only mode. After management's prepared remarks, you will receive instructions for participating in the question-and-answer session.
I will now turn the conference over to Stuart McElhinney, Vice President of Investor Relations for Douglas Emmett.
Stuart McElhinney -- Vice President of Investor Relations
Thank you. Joining us on the call today are Jordan Kaplan, our President and CEO; Kevin Crummy, our CIO; and Mona Gisler, our CFO. This call is being webcast live from our website and will be available for replay during the next 90 days. You can also find our earnings package at the Investor Relations section of our website. You can find reconciliations of non-GAAP financial measures discussed during today's call in the earnings package.
During the course of this call, we will make forward-looking statements. These forward looking statements are based on the beliefs of, assumptions made by and information currently available to us. Our actual results will be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict.
Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will prove to be incorrect. Therefore, our actual future results can be expected to differ from our expectations and those differences may be material. For a more detailed description of some potential risks, please refer to our SEC filings, which can be found in the Investor Relations section of our website. When we reach the question-and-answer portion, in consideration of others, please limit yourself to one question and one follow-up.
I will now turn the call over to Jordan.
Jordan L. Kaplan -- President & Chief Executive Officer
Good morning, everyone. Thank you for joining us. I am excited about 2019, following a very successful 2018 at Douglas Emmett. During 2018, we grew our FFO by 12.7% and our AFFO by 7.4%, and raised our dividend by 4%. The straight-line value of office leases, signed during 2018 was 31% greater than the prior leases for the same space.
And our development platform has matured to the point where it's making meaningful additions to FFO. Already in 2019, we've completed construction at our Moanalua apartment community, which now has almost 1,200 units. With the upgrades to our existing buildings and new amenities, this is now, one of the most modern and desirable workforce housing communities in Hawaii.
I'm also happy to report that construction is in full-swing at our 34-story new residential project in Brentwood. We will soon complete our first group of office repositioning projects and we are already seeing accelerated rent growth from our efforts. We plan to pursue more repositioning opportunities during 2019 and beyond, which will provide significant, incremental revenue growth and a very high return on our invested capital.
Finally, I am pleased to announce that we plan to add approximately 500 new workforce apartments in downtown Honolulu, by converting a 25-story, 490,000 square foot office tower to for-rent housing. This project will address the severe rental housing shortage in Honolulu and support the city's efforts to transform downtown into a 24-hour community.
I would like to spend a moment talking about the quality of our FFO. As many of you know, we love the focus on cash flow and are proud of the fact that compared to our peers, very little of our FFO comes from non-cash revenue such as FAS 141 and straight-line. Indeed, at the midpoint of our guidance for 2019, only 3.5% of our FFO comes from these non-cash items. Because this is only a third of what is typical for our peers. Growth in our FFO translates to disproportionately higher cash flow.
Now, I'll turn the call over to Kevin.
Kevin A. Crummy -- Chief Investment Officer
Thanks, Jordan. And good morning, everyone. As Jordan said, we plan to convert one of our Honolulu office towers to much needed workforce housing. The conversion will occur in phases, over a number of years, as office space in the building is vacated. In select cases, we will relocate tenants to our other office buildings. Although we do not have enough vacancy to accommodate all of them. We currently estimate the construction costs will be between $80 million and $100 million, although the inherent uncertainties of development are compounded by the multi-year and phase nature of this conversion.
Assuming timely approvals, we expect the first apartments to be delivered in 2020. Our other two multi-family development projects are also progressing well. As Jordan mentioned, we completed the current Honolulu project, just after year-end and continue to rent units above our pro forma. In Brentwood, we remain on track and on schedule for the construction of our 376-unit high-rise apartment tower. One of the most exceptional residential opportunities in all of West L.A.
We expect to complete our 34-story residential tower in late 2021, with cost still estimated at between $180 million and $200 million. At the same time, we're working on a one-acre park that will benefit the entire neighborhood, including our adjacent 400,000 square foot office tower, and 712 unit apartment community. While development is providing significant growth, in 2019 we also expect more acquisition opportunities in our submarkets.
Our balance sheet is strong and our cash flows remain healthy, with our AFFO payout ratio under 62%. Other than -- on Honolulu development project, we have no loans maturing before 2022 and we have a large number of unencumbered properties to provide flexibility for future financings.
With that, I will now turn the call over to Stuart.
Stuart McElhinney -- Vice President of Investor Relations
Thanks, Kevin. Good morning, everyone. The fundamentals in our market remain solid, with robust demand across the diverse set of industries. As we have often discussed, new office construction in our submarkets, is almost non-existent. The entire construction pipeline represents only 50 basis points of existing supply.
In Q4, we signed a 183 office leases, covering 682,000 square feet, including 286,000 square feet of new leases. We had excellent Q4 leasing spreads, 26.3% for straight-line rent roll-up and 12.7% for cash roll up. The lease rate for our total office portfolio increased to 91.7% and occupancy increased to 90.3%, with meaningful additions in both Honolulu and Warner Center.
Throughout 2018, we achieved straight-line rent roll-up of 31.4% and cash rent roll-up of 13.6%. On the sustainability front, we reduced our electrical usage per square foot by over 2%. Our 11th consecutive year of lower consumption. Over 95% of our eligible office space is ENERGY STAR certified, based on the most recent numbers.
On the multi-family side, our portfolio remained fully leased at quarter end. In Santa Monica, we recaptured a total of 15 Pre-1999 Units, in 2018. On average, each of these units represents about $40,000 of additional annualized rent. Over the past year, we have increased our total annualized rent from the multi-family portfolio by 7.7%, reflecting strong demand for our newly developed units at Moanalua and higher revenues from the rest of our multi-family portfolio.
I'll now turn the call over to Mona to discuss our results.
Mona M. Gisler -- Chief Financial Officer
Thanks, Stuart. Good morning, everyone. We are pleased with our Q4 results, compared to a year ago, in the fourth quarter of 2018, we increased revenues by 8.2%. We increased FFO, 7.8% to $102.8 million or $0.52 per share. We increased AFFO 5.5% to $80.3 million, we increased our same-property cash NOI by 3.1%. For all of 2018, we increased revenues by 8.5%. We increased FFO 12.7% to $399.7 million or $2.02 per share. We increased AFFO 7.4% to $309.7 million, we increased our same property cash NOI by 3.5%. At only 4.5% of revenues, our G&A for the fourth quarter remains well-below that of our benchmark group.
Finally turning to guidance. As we indicated last quarter, we are facing two significant headwinds in 2019. First our FFO guidance reflects a $0.05 per share non-cash reduction caused by lower straight-line and mark-to-market revenue. As we convert non-cash revenue to cash and straight-line and mark-to-market in 2019 will represent only 1.8% of our total revenues, this is well-below the 5% average of our peers.
Second, our FFO guidance reflects the new lease accounting standard requiring us to spend (ph) internal leasing costs. Last quarter, we said that this new standard would have reduced FFO by approximately $0.04 per share had it applied to 2018. We now expect that impact to be only $0.02 per share in 2019, as a result of formalizing our internal leasing compensation structure.
The combined impact of these two non-cash headwind, is a $0.07 per share reduction in FFO. Fortunately, we expect that to be more than offset by 5% to 6% growth in same-property cash NOI. As a result, we expect 2019 FFO to increase to between $2.07 and $2.13 per share. As usual, our guidance does not assume the impact of future acquisitions, dispositions or financings. For more information on the assumptions underlying our guidance, please refer to the schedule in the earnings package.
I will now turn the call over to the operator, so we can take your questions.
Questions and Answers:
Operator
We will now begin the question-and-answer session. (Operator Instructions). Our first question comes from Alexander Goldfarb with Sandler O'Neill. Please go ahead.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Hey, good morning out there. So two questions. Good morning Jordan. So two questions, first on the Bishop transaction, can you just walk through what the FFO impact of this will be, you guys presumably are going to slowly empty-out office floors. And then the residents won't move in next year, but it seems to be a multi-year process. So from an earnings perspective what is included in 2019 guidance and then how do we think about this as we're thinking about 2020 as far as in FFO -- whether it's neutral or negative. Not sure, but looking for some perspective.
Jordan L. Kaplan -- President & Chief Executive Officer
Well, so the way you described is accurate. So for a quarter or two, we're actually already been stopped leasing and obviously there were some press about it and why we're formally discussing it now. And so the building has some vacancy and it already that we can start working on. And so we will start on that, we're not asking tenants to move out, we're not vacating space and we're trying to do it in the least disruptive way manner by just converting, floor by floors, as floors become vacant.
So certainly will not be a shock to the system, by where we would empty the whole building and build-out apartments. And then say OK, now it's like a brand new project. I am sure that there will be some noise in FFO over the next few years until we sort of stabilize, both sides of this, the residential side and the office side. But it won't be as bad as it would have been if we had gone in that kind of more extreme direction. It's probably costing us a little more to do it floor by floor, as opposed to sort of emptying it then we're doing it. But I think, net we're better-off with how we're handling it. So I hope you won't see much of an impact.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Okay. And then the next question is given your footprint your tenant size, clearly, there has been a lot of other leases in the market like the Google Leases, Westside Pavilion that have garnered a lot of attention, but you spoke about 4% to 5%, or 4% to 6% same store cash NOI. I think, your embedded rent bumps are like 4%.
So do you feel like these bigger leases that are being signed elsewhere, outside your portfolio, are allowing you to drive that growth in your portfolio or is there a spillover that's occurring from those tenants, just try to get, -- trying to get a better sense for the transition or the reaction between some of these big headline leases and the leasing that you guys are doing to see how much of an impact there is or is not.
Jordan L. Kaplan -- President & Chief Executive Officer
Kevin you want to answer that?
Kevin A. Crummy -- Chief Investment Officer
Yeah, I think, Alex. A lot of this is tech companies but it's their media business and they're very focused on content production and so you should look at it as we get an informal study in the third quarter and the bigger company has brought like a $26 million production budget as far as we can tell about half of that was Netflix. The people like Apple, Google, Facebook, they're just getting in the game and those production dollars are flowing directly to our small tenant base, so the agencies, the entertainment lawyers, the accountants -- the production companies. And so, the more money that's sloshing on the system, with these big leases and they're bringing big production budgets. That's all great for the tech-media ecosystem and we're a big piece of that just not on a large tenants size.
Alexander Goldfarb -- Sandler O'Neill -- Analyst
Okay , thank you.
Jordan L. Kaplan -- President & Chief Executive Officer
Thanks Alex.
Operator
Our next question comes from Dave Rodgers with Baird. Please go ahead.
David Rodgers -- Robert W. Baird & Co -- Analyst
Yes, good morning out there. Jordan. I wanted to follow-on one of your comment that you made in your prepared comments about the office repositionings, getting ready to complete and starting to deliver here in the near-term. I think, you used the term high ROI. Can you kind of dive a little bit deeper into some of that, now that you have some project completing and the confidence to go forward bit more.
Jordan L. Kaplan -- President & Chief Executive Officer
Yeah, so as I said, we have a list of projects that we're begin in 2018 and they're coming to conclusion. And certainly enough to conclusion that you could see where it's headed, and obviously people watch construction what's going on.
If you would have asked a year ago, if you would have said to me, what's going to happen. I'd say well, lot of disruption at the buildings and aggravation with tenants and then once the things done, then -- I have a better product and we ought to see some real movement in the rent. But just like you guys on stock and tenants do and they see something happening. They have jumped out, and so even though projects aren't finished, even though barriers are still up, but you can see pictures of what we're doing. It's clear what's happening, where rescheduling (ph) and building et cetera. You can see, where you're headed with it.
We are already seeing rents disproportionately move up in those buildings, are kind of Canary in this thing, because it's hard, because rents are generally moving up. So how much are you going to credit like what you're doing with that number. So our Canary has been a project over in Century City, where we feel like we have a direct comp on the project right next door to us, were we getting skimming the building, we're doing in the lobby, we're doing in the landscaping, we're doing in the amenity package, it's around the building, with the whole thing and trying to take it, even a step beyond what's next to us.
We were saying, rent spread in those two deals that was -- certainly over a buck and we thought wherever rents go, if we can start closing that spread, we'll have a feel for what the impact of what we're doing is. What we feel we've already closed more than half of that gap. And by the way, still barriers, constructions it might, let it pass mid-point.
And we're seeing similar to the degree you can calculate it, similar results in some of the other buildings that we're working on down in Santa Monica and over in Westwood. So because of that we're saying, wow hopefully, we'll have the impact, we expected and certainly the impact is a little quicker than we would have expected, because people are moving on the expectation of completion. They're not waiting for completion and that's why I said, -- I was confident, this is going to work and I'm even more confident it's going to work now.
David Rodgers -- Robert W. Baird & Co -- Analyst
I appreciate the color. And maybe just one follow-up on that front is, does that program get larger then, given the success that you're having, that you feel like you can accelerate it, put more to work more quickly.
Jordan L. Kaplan -- President & Chief Executive Officer
Well I guess, we could, if we didn't have so many other things. So we're not only doing that program. But as you also know, we're doing ground-up construction at a couple of sites. We're doing the conversion in Hawaii. We're doing the ground where we just polished off, MHA. So we have -- and of course we're doing Brentwood, so we have that and currently seven repositioning sites and adding additional repositioning sites during 2019. So we don't want to overload our system. But at the same time, we've done a good job, Ken has done a good job, building that system out to be robust, enough to take on all of this. We have a ton of construction going on in this company right now.
And we're getting it done, getting it on budget and we are getting the impact we want. So that's all great. So I don't want -- we don't want to, puts right-over the cliff. So we have a lot going on, certainly it's valuable work that's very impactful. So we're going to keep trying to build that platform out larger margin to be able to do even more. But we're probably at the right point, right now in terms of the size and number of things that we take on each year.
David Rodgers -- Robert W. Baird & Co -- Analyst
Alright. Thanks, Jordan.
Jordan L. Kaplan -- President & Chief Executive Officer
Thanks.
Operator
Our next question comes from Nick Yulico with Scotiabank. Please go ahead.
Nick Yulico -- Scotiabank -- Analyst
Thanks. Just hoping to get a little bit more info on the same-store NOI growth guidance. It looks like you're forecasting occupancy been somewhat flat. And so, I'm not sure, if there is a same-store expense growth benefit this year, since I know higher expenses impacted the growth in a negative way last year?
Mona M. Gisler -- Chief Financial Officer
Yes, I'll take. Hi, Nick. I'll take both of the pieces of that. I think, I heard a question about the same-store and NOI, as well as, and what the occupancy impact is going to be in that. Given that our range is consistent with last year.
And on occupancy side, we bought about 3 million square feet over the last couple of years and those acquisitions came with lower occupancy in it, it just takes a few years for us to get that stabilized that. We're making good progress there. And we still have upside too, and we can see that on the Westside, as they kind of filter through those new acquisitions. And then we're obviously aware of upside Warner Center and then in Honolulu, which Jordan just talked about what our approaches there.
On the same-store NOI side, I talked a little bit about the impact of our non-cash revenue. We have historically always had fairly low non-cash revenue, particularly compared to our peers and but over the last couple of years with our acquisitions, we've seen an increase in the amount of our non-cash revenue, also had some larger deals. And so that's driven that up as well. And as those start to mature and we're going to see that reduction in 2019, but it also means opportunities as it convert to cash.
Nick Yulico -- Scotiabank -- Analyst
Okay. And then I guess just following up on that. Is it possible to get, what is the same-store expense growth that's embedded within your same-store NOI growth because it just -- it feels like that's one of the drivers of why same-store NOI growth is higher this year versus last year, when you did have that expense issue impact same-store?
Mona M. Gisler -- Chief Financial Officer
We've done -- typically provide guidance on separately for the expenses. If we're looking at our operating expenses generally though I mean, I think historically, we've always said we look to a normalized rate 3% to 4% and that would be our expectation heading into '19 as well.
Jordan L. Kaplan -- President & Chief Executive Officer
I don't, Nick, I don't think it's really coming on the expense side. I think it's coming on with the roll-up you're seeing right, which we've been selling every quarter, that impact rolling-in and rolling-in at the same time as we're rolling out the non-cash items. And even now, you look at the occupancy number and you go-out and how come we are not changing that, how come it's still in the same range.
There's a lot of churn in that range and remember the Westside, if you go back a way, so, Westside is kind of our big anchor that '95, '96 and then held up the numbers on Warner Center and on Hawaii. And now we have that churn on the Westside, so it's taking a little longer to create the lift again to get back to its numbers. So you get upside in the Westside. We think we got real upside in Hawaii side, right, as you know we're doing there. And even Warner Center has been in the market been outstripping us. So I mean, I would not be surprised to see the same store where it is because we've churn through all that stuff and we know what the roll-up we've been having in the rents.
Nick Yulico -- Scotiabank -- Analyst
Okay, thanks. Appreciate it.
Operator
Our next question comes from Jamie Feldman with Bank of America. Please go ahead.
Jamie Feldman -- Bank of America -- Analyst
Great, thank you. I wanted to talk about both I guess for Kevin. Just you mentioned maybe an uptick in potential investment activity. What you're seeing on the acquisition side. And then also just your capital plan for the year and how you plan to finance additional acquisitions and also other redevelopment spend?
Kevin A. Crummy -- Chief Investment Officer
Sure. Look the acquisition pipeline looks pretty good. There should be more opportunities in 2019 and there is a couple of things that are going to be coming out. I think toward the end of this quarter that we're excited about. So I'm fairly bullish in '19, the acquisition platform. I mean, Jordan you want add on that.
Jordan L. Kaplan -- President & Chief Executive Officer
Yeah, so I just don't want to have like bullish on acquisition platform means bullish compared to not the time spend. But some of the whole things, so compared to other times, not those times alright, because those are kind of -- there is a crazy amount of flow during that time.
Now if you want to compare acquisition pipeline in 2019, the acquisition pipeline 2018, that's a very robust and that's (inaudible). So we are bullish from that perspective. In terms of the capital plan, we actually have -- I mean not only -- and we're doing a good job. We have a lot of free cash flow coming out of the operations you heard in Kevin section on the prepared remarks, less than 62% of our AFFO is being dividend that -- which actually is a pretty substantial amount of money for the construction activities that we're doing.
And so -- that is so close to covering it, that it will be meaningful to look at something beyond that. In terms of new acquisitions, we still have all of the optionality around the JV platform and all that structuring. So it just seems like the problem in our capital, we need some good deals to come up and get them purchased. And I'm sure, we won't go two years. I'm sure, this year we will do some deals, which we'll feel great for all of us because we're like doing that side of the -- our growth story is always been important to us, but we are now leaning in the direction of the construction side to make sure that we're able to maintain the kind of growth that we've seen over the last decade in our cash flow or FFO whatever metric you having to look at.
Jamie Feldman -- Bank of America -- Analyst
Okay. And what are your thoughts on leverage by year-end.
Jordan L. Kaplan -- President & Chief Executive Officer
I don't know that you'll see dramatic changes in leverage between year beginning and year-end. I mean, we have one, five we need to do. And went (ph) into some way and that's on a building where we doubled the number, it's still more MHA 1 and we've doubled the number of units that cash flow is going better than double and the loan on their note probably equates to 25% to 30% or 20% of something crazy because we did the whole thing with cash flow. So it's still just the original loan on there.
Jamie Feldman -- Bank of America -- Analyst
Okay and then just follow up on the acquisition activity. Is this in your existing submarkets office versus residential, just with kind of what you could see. I know, you said it's coming-off a low base in '18, but if you -- what you could see how does it change the complexion of the portfolio?
Jordan L. Kaplan -- President & Chief Executive Officer
Okay, same markets. There's a little bit of office, I mean there's office and a little bit of residential and same markets we're in.
Jamie Feldman -- Bank of America -- Analyst
Okay, all right, thank you.
Operator
Our next question comes from John Guinee with Stifel. Please go ahead.
John Guinee -- Stifel -- Analyst
Great, thank you very much. This is more of a curiosity question but two questions. First on Bradwood, it looks like your incremental cost is about $500,000 a unit. How should people think of the value of the land for the Brentwood high rise development that's one question.
And then second, Bishop Street in Honolulu. These are 20,000 square foot floor plates, looks like you're going to spend an incremental $180,000 per unit to do this massive redevelopment. How do you handle such things as elevator banks, I imagine you can't have residential and office users sharing the same elevator bank. And do you have these projects have affordable housing units involved?
Jordan L. Kaplan -- President & Chief Executive Officer
Okay, so. Brentwood, I will tell you how you should think about that. If you're trying to do a kind of academic study on the cost of building high-rise residential tower in the Westside, you would try to impute some cost of land. But in terms of practically looking at it, the land has as close to a zero cost, as you can get.
I mean we're building on surface part, we had a supermarket that gave up their option or might have aciddentially lost their option ticket to continue at a very reasonable rate for them. And so we took that which was not a big in terms of square footage and a surface parking lot and we're now building an entire residential apartment towers. So the cost of land is close to zero. And we have some incremental value, we're getting out of the fact that the parking is already built for the entire project. Although it's not cheap to go through, four layers of parking the build towers.
So, I don't feel like the land is costing us anything and by the way, if we weren't doing this, the land will just -- still be sitting there, doing nothing. In terms of the. And in terms of, I think there 16 units, controlled housing lines affordable housing and that Brentwood project out of 376 and -- no you're asking about the other one, you're asking about, 1132 Bishop. 1132 Bishop, our goal is to build housing that will fit in that 80 to 120. I mean, regardless of anything else, because changing the nature of that downtown creating what I'll call with a small w not capital workforce housing. So that commuting patterns, 24 hour community down there, whether it be restaurants, and other amenities change that's something we're after on that. So our hope is that that entire building fits within that range that 80 to 120, in terms of the people occupying those units and the rental rates.
John Guinee -- Stifel -- Analyst
Let me just ask one little follow-up question. So how do you share elevator (ph) banks during the conversion.
Jordan L. Kaplan -- President & Chief Executive Officer
You know what, there is so tricky, because, and I'm not -- no one on this call, the right person to really hit this subject. But they have to come up with vertical shafts that allow them to provide, whether it would be utilities and other things for systems to support the residential floors, while at the same time not disrupting the office force. And I know that -- that I mean, probably the primary reason that we -- there was so much discussion of this project and we weren't announcing it is the sure, (inaudible) away that was actually buildable and doable to put in the residential floors and at the same time, keep the office force working, what has been holding up our confidence in doing this. As well as, and I have -- of the appreciation for the city, and particularly the Mayor's Office support and allowing us to do it, needs to be done to get this conversion done.
I mean they played a role in a two, but with those two things that held us up from announcing this maybe like a quarter or two ago.
John Guinee -- Stifel -- Analyst
Great, thank you.
Jordan L. Kaplan -- President & Chief Executive Officer
Thanks.
Operator
Our next question comes from Blaine Heck with Wells Fargo. Please go ahead.
Blaine Heck -- Wells Fargo Equity Research -- Analyst
All right. Thanks. Just following up on same-store from earlier. Do you guys have a GAAP same-store NOI guidance range for 2019. I guess, I'm just trying to triangulate, how much of a tailwind the burn-off of free rent or just in general, the change in straight-line is providing for cash same-store versus maybe what you'd be expecting on a GAAP, same-store basis?
Mona M. Gisler -- Chief Financial Officer
Yeah, we haven't provided guidance on the GAAP same store.
Jordan L. Kaplan -- President & Chief Executive Officer
And frankly but I -- we did provide guidance on the burn-off of the non-cash. So you could kind of reverse engineer -- near you way and some of that but. And as we said, I mean the non -- the portion of our revenues. We gave you two steps right. The amount of our FFO that non-cash makes up now, which is out of that, less than 3.5%. And then we also gave you on the revenue side, the 1.8% of our revenue. So it's playing a smaller role and as non-cash plays a smaller role, you know that GAAP and cash are closing in on each other, but there's other stuff that's in there, I mean --.
Blaine Heck -- Wells Fargo Equity Research -- Analyst
I guess the question is just the -- most of the burn-off is in the same-store number, is that right?
Jordan L. Kaplan -- President & Chief Executive Officer
We floated through, what we did do for you is, because we were giving you the revenue number. And we have consolidated properties on our balance sheet and those consolidated properties, it would have been hard for you to flow the non-cash from the revenue side and figure out the impact to the FFO side to our shareholders. We also gave you the FFO number, so we unwound that for you. I don't know, that we did. I mean that was the version we did.
Blaine Heck -- Wells Fargo Equity Research -- Analyst
Yeah. We can follow up or I can figure it out, but I guess secondly, Jordan, you talked about cash flow in your remarks and you guys added a slide in the presentation, showing you guys have had an AFFO growth rate at a 7.2% CAGR over the last 12 years, which is certainly impressive. When you look forward, are there any specific risks, you see that could keep you guys from hitting that level of growth over the next few years. Could you think, given how tight the market is that still an achievable number?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, I hope it's achievable. I will tell you this -- the history and I don't want to intently put, but our history has been to grow our earnings, primarily through acquisitions and obviously we have the operating platform that supported us and all the leasing and all the stuff we've done there.
We looked at few years ago and said, how can we make our growth, our external growth more reliable and predictable and because of the position we have in many of these markets, we have opportunities that literally nobody else has. And so we started this construction and redevelop ground-up construction, the redevelopment platform all of that. And I have to say -- I feel, if you look out the next five years, six years, seven years, whatever would be your timeframe is, that our growth that we can drive that we control, right. Because before it was kind of -- I hope, some for sale, may hope we get it, I don't know, that will be for sale. Now this is all stuff -- it's within our control. It actually feels more predictable, more reliable than it has been for what you're looking at over the last 12 years.
Blaine Heck -- Wells Fargo Equity Research -- Analyst
Great, that's helpful, thanks.
Operator
Our next question comes from Manny Korchman with Citi. Please go ahead.
Emmanuel Korchman -- Citigroup Inc -- Analyst
Hi, Kevin. House hold (ph), when we've talked about Hawaii in the past, you've guys talked about potentially buying another office building to either convert or to have those sort of overflow space for the tenants that are going to get relocated, can you talk about what change in that plan or is that still on the table?
Kevin A. Crummy -- Chief Investment Officer
What really change in that plan was when we first set out, we didn't have the results in our Moanalua development yet. And so, we were thinking that when we did the resi-development, we weren't sure -- what the returns would be. And so that we would need incremental office space and vacancy to make the deal work. And then as we finish that first phase and we'll want little, saw the rental rates that we're achieving, we looked at it and said, hey, maybe this works on a stand-alone basis.
And as we look at the properties within the downtown we figured out that the one that was most suitable for redevelopment was actually one that we control. And so, we just took a look at it and said, hey, what if we do this on a stand-alone basis, what's the impact to our overall portfolio. And what would be the potential return on cost. That's not to say, that if one or the other office buildings came available that we wouldn't deal ph it, because we'll see how this impacts the downtown market, but we didn't need that additional office building to make the development work. So we decided to go forward .
Emmanuel Korchman -- Citigroup Inc -- Analyst
Thanks and Mona, Just following up on lease accounting changes. Maybe I just understand what changed from the $0.02 and the $0.04 you mentioned changes in compensation. Is that all sort of counting driven or is there going to actually be a cash impact any of that.
Mona M. Gisler -- Chief Financial Officer
Well, and probably a little bit of a combination on that. Let me explain. So when we had given the original $0.04 guidance that was based on the 2018 and leasing costs and looking ahead, with an assumption that and most of that was going to be expensed that. And we've always had a linkage to our leasing and our compensation, what we did is we went back and we formalized that compensation structure. And -- are linking that directly to paying by transaction. We've actually been able to -- we will be able to capitalize more than we had initially thought and that's into the (inaudible).
Jordan L. Kaplan -- President & Chief Executive Officer
I don't think it's a cash side, if that was really. It's just we took what we did in the past and by putting a amount and saying, OK, we're formerly doing this base that already can capitalized $0.02 to $0.04 that's all I have.
Emmanuel Korchman -- Citigroup Inc -- Analyst
Thanks guys.
Operator
Our next question comes from Craig Mailman with KeyBanc Capital Markets. Please go ahead.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Hey, guys. Maybe just to follow up on the downtown conversion, kind of what are you guys thinking is the return on the incremental spend there and maybe as you guys kind of looked on the stand-alone basis, what kind of rent uplift that you kind of flow through to the rest of your office portfolio there with the pullback in stock?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, originally as Kevin said I was worried that the return on the residential side would be below development returns. I think, now we're probably at the low end of development returns which is acceptable because we have a larger goal, we want to achieve downtown, but it's going to be at the low end of development returns.
Now you know, as we start plan it out just like we were surprised at MHA. We hope to get a positive surprise on that, but that's where we're at today. In terms of the rest of the market, I'm sure there will be some impact on the rest of the market, there's other things going on, there is another big tenants that moved it and took a 100,000 feet in the market, there is a very large tenants thus looking to consolidate downtown . So there's -- and then there is what we're doing. So there's a number of positive things happening in the market, rents are moving. I think it would be fair to say it is double-digit movement in rents in downtown, Honolulu. Where that goes and how that goes is the function of all those things. So it's going to be a little -- it's going to take a little bit of time to put a real prediction on it.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
And then just on the occupancy guidance. I know there's some puts and takes. I guess, just looking at the expiration schedule for '19, to little bit lower than the next couple of years out. You guys just kind of held new leasing pretty steady. I mean, is there something that a tenant -- larger tenant maybe that's coming out later in the year that's keeping it, seemingly more conservative. Or do you guys just -- I would think there'd be a decent amount of net absorption over the next couple of quarters, just given the lower lease hold?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, there's churn, there is a -- and churn and renewal and the whole thing. I think, that until we get, well I don't know. I think, we made a reasonable, we gave you a reasonable estimate, the estimate is a range. And frankly on a portfolio, our size, if you go to the higher end of the range you didn't have will pretty good amount of absorption, right.
So we gave a range the it's likely you'll see some good absorption in Honolulu. We're already seeing absorption in Warner Center . And as we churn through the new product that we purchased in the Westside we ought to see some there too, but you know what, that's a matter on the Westside particular because that's the dark (ph). I mean, the other ones are the tail. And as we churn through and maybe you're seeing how strong our rent roll-up is. And when you have a lot of really significant roll-up on rents and you've just bought 3 million feet some of those tenants maybe aren't as ready for that roll up. Right.
So you have a little more churn in that portfolio than you would otherwise have. And that's been kind of gating to the Westside being that kind of the rock that's held our occupancy up more of the -- to the '95 some plus and dragging up the others. And until we kind of settle that in, I don't think, the Westside will be able to do that now, maybe we'll get a lot of that settled this year but there might even still be some left over the next year.
Craig Mailman -- KeyBanc Capital Markets -- Analyst
That's helpful, thanks.
Operator
Our next question comes from Daniel Ismail with Green Street Advisors. Please go ahead.
Daniel Ismail -- Green Street Advisors -- Analyst
Great, thanks, good morning guys. Just a follow-up on the rent roll up. So it's been fairly consistent, in the low teens, over the past two years, that have still pretty good batting-line for the overall rents roll up embedded currently in the portfolio.
Jordan L. Kaplan -- President & Chief Executive Officer
Hey, Daniel, we don't provide any guidance on the rent spreads, it's very hard to predict and as you know that's choppy quarter-to -quarter, but we have seen very good trends there. We don't see any signs of those trends softening. So we expect still good spreads, going forward, but we're not going to give any specific guidance.
Daniel Ismail -- Green Street Advisors -- Analyst
Okay. Fair enough. And maybe just going back to an earlier comment on Santa Monica Reggie. I think you mentioned 15 units recaptured from the pre-99.9, apartments, can you remind us how many of those apartments are still left and sort of the pace of recapture annually.
Jordan L. Kaplan -- President & Chief Executive Officer
Yeah, this is about 200 left in Santa Monica. Last couple of years, we've gotten about 15 back each year. And no expectations for changing phase and that over '19 or '20? Yeah, very hard to predict. The tenant has an incredible deal. Right . But at the same time, they've been in the space for a super long time. So, whether they be would older there is more opportunity for their life circumstances to change, whether it would be getting married or when the kids are live there. Whatever the case maybe. So in one sense the longer the program goes, the more you think it turned in another sense of longer program goes, the better the deal we have in the more motivation I have not to move out. So those two should downs in our favor, eventually but it's hard to predict.
Daniel Ismail -- Green Street Advisors -- Analyst
Fair enough. Thanks guys.
Operator
Our next question comes from Jason Green with Evercore. Please go ahead.
Jason Green -- Evercore -- Analyst
Good morning. Can you guys talk about what changes there may have been, same store question to the same-store pool. And if there were increases or decreases, what the comparable occupancy was in fiscal year '18?
Jordan L. Kaplan -- President & Chief Executive Officer
Yeah, sure. So for the pool for 2019. We are adding properties to the pool for 2019. What we wanted to do is make have that pool will represent, as many other properties in the portfolio is possible. So really represent the whole portfolio. So for '19, we're going to be adding the recent consolidated JVs acquisitions, as those have matured. And also some of the parallel to conservative and taking some of the repositioning projects out last year. Those are really have been creating less noise in vacancy than we've had expected. So, some of those are coming in the pool. So the pool has gone from about a 11.8 million feet up to about 15.3 million feet next year and it much better represent our overall portfolio.
Jason Green -- Evercore -- Analyst
Got it. And are you able to say what the occupancy was on that new pool for fiscal year '18?
Stuart McElhinney -- Vice President of Investor Relations
No I don't know, specifically on that pool, the difference in occupancy now.
Kevin A. Crummy -- Chief Investment Officer
I mean you know that we are putting in all the stuff that we bought two years ago, right. And which we bought at very low occupancy. So that's been just slowly working its way up and I just thought last year we get ourselves a real disservice in terms of representing the growth in the portfolio and the growth in our markets. And I said but we pushing this year about getting as much into pool as we can. And that was a very big shift for us.
Jason Green -- Evercore -- Analyst
Got it. And then maybe broadly, if you could just talk about the effect the repositioning of 1132 Bishop is going to have not on the multifamily market but on the vacancy and the office market in Honolulu?
Jordan L. Kaplan -- President & Chief Executive Officer
Well, the building itself represents about 10% of the market and the market is in the mid-to-low '80s. So the math never works that way, people move in and out of the market, changed to manage (inaudible) drop people in and who knows. But it will have a-- It will create for sure a more balanced market between kind of landlords and tenants where the market has historically had you might say, one billing to many. So that's another good goal of this project, but it's positive for the whole market.
Jason Green -- Evercore -- Analyst
Got it . Thanks very much.
Operator
(Operator Instructions) Our next question is a follow-up from Jamie Feldman with Bank of America. Please go ahead.
Jamie Feldman -- Bank of America -- Analyst
Great, thanks. What's the percent leased, currently at Mauna Loa?
Stuart McElhinney -- Vice President of Investor Relations
It's about half the units.
Jamie Feldman -- Bank of America -- Analyst
About half? And then in your guidance what do you assume for leasing up the rest? Is it occupied -- you're contributing the half?
Jordan L. Kaplan -- President & Chief Executive Officer
Correct, correct. Occupied, we haven't provided any kind of lease-up guidance or timing on what we're leasing up, or leasing up at a good clip and we hope that continues throughout the year.
Stuart McElhinney -- Vice President of Investor Relations
But haven't broken out any guidance for that.
Jamie Feldman -- Bank of America -- Analyst
Okay. And what do you across the portfolio, what would you say your average rent bumps are right now? And what are you thinking for rent growth this year, market rent growth?
Jordan L. Kaplan -- President & Chief Executive Officer
Average rent bumps on the office side you on them. Right.
Jamie Feldman -- Bank of America -- Analyst
Yeah.
Jordan L. Kaplan -- President & Chief Executive Officer
So the average in place is somewhere between 3% and 3.5%, I'd say, for the last two years, we've been getting very good rent bumps all the deals on the Westside are going out over 3%. It's a lot of 4%, a lot of 3.5%. We're getting a lot of 3.5% in Sherman Oaks/Encino as well. Honolulu and Warner Center are kind of still down at the 3% range. So it down to that all out, I think in place, it's somewhere between 3% and 3.5%. On the rent -- you want to comment on market rent growth?
Stuart McElhinney -- Vice President of Investor Relations
Well, if you look at occupancy across the markets you would think that we would continue to have pretty good rent growth into the next year. And I don't know, I mean I think that will not -- there is only two sides of that equation, which is the supply and is not really new supply coming and on the demand side, the industries that are in our markets and there it would be impacted by something national. They're not being impacted by anything here. I mean, here there are generally just growing. So that would just add pressure and continue to move rents where they've been moving.
Jamie Feldman -- Bank of America -- Analyst
Okay. All right. There is any new leases, you say 3% to 3.5% average to on the rent bumps across the portfolio?
Jordan L. Kaplan -- President & Chief Executive Officer
On new leases we're doing better than that, we're are applying 3.5% to 4%.
Stuart McElhinney -- Vice President of Investor Relations
The Westside, a lot of force and then we're doing 3.5% and 4% in Sherman Oaks/Encino as well. So, on new, weight is to the upper end.
Yeah, the way (ph) to the upper end on the new, but the overall in place would be probably between 3% and 3.5%.
Jamie Feldman -- Bank of America -- Analyst
Okay, all right, thank you.
Jordan L. Kaplan -- President & Chief Executive Officer
Thanks.
Operator
This now concludes our question-and-answer session. I would like to turn the conference back over to Jordan Kaplan for any closing remarks.
Jordan L. Kaplan -- President & Chief Executive Officer
Well, thank you ev3eryone for joining us and we look forward to speaking with you again next quarter.
Operator
The conference has now concluded. Thank you for attending today's presentation and you may now disconnect.
Duration: 51 minutes
Call participants:
Stuart McElhinney -- Vice President of Investor Relations
Jordan L. Kaplan -- President & Chief Executive Officer
Kevin A. Crummy -- Chief Investment Officer
Mona M. Gisler -- Chief Financial Officer
Alexander Goldfarb -- Sandler O'Neill -- Analyst
David Rodgers -- Robert W. Baird & Co -- Analyst
Nick Yulico -- Scotiabank -- Analyst
Jamie Feldman -- Bank of America -- Analyst
John Guinee -- Stifel -- Analyst
Blaine Heck -- Wells Fargo Equity Research -- Analyst
Emmanuel Korchman -- Citigroup Inc -- Analyst
Craig Mailman -- KeyBanc Capital Markets -- Analyst
Daniel Ismail -- Green Street Advisors -- Analyst
Jason Green -- Evercore -- Analyst
More DEI analysis
Transcript powered by AlphaStreet
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.
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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.
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 (NYSE: DEI) Q4 2018 Earnings Conference Call Feb. 13, 2019 , 2:00 p.m. Crummy -- Chief Investment Officer Mona M. Gisler -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst David Rodgers -- Robert W. Baird & Co -- Analyst Nick Yulico -- Scotiabank -- Analyst Jamie Feldman -- Bank of America -- Analyst John Guinee -- Stifel -- Analyst Blaine Heck -- Wells Fargo Equity Research -- Analyst Emmanuel Korchman -- Citigroup Inc -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst Jason Green -- Evercore -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. We have a lot of free cash flow coming out of the operations you heard in Kevin section on the prepared remarks, less than 62% of our AFFO is being dividend that -- which actually is a pretty substantial amount of money for the construction activities that we're doing.
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Crummy -- Chief Investment Officer Mona M. Gisler -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst David Rodgers -- Robert W. Baird & Co -- Analyst Nick Yulico -- Scotiabank -- Analyst Jamie Feldman -- Bank of America -- Analyst John Guinee -- Stifel -- Analyst Blaine Heck -- Wells Fargo Equity Research -- Analyst Emmanuel Korchman -- Citigroup Inc -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst Jason Green -- Evercore -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Douglas Emmett Inc (NYSE: DEI) Q4 2018 Earnings Conference Call Feb. 13, 2019 , 2:00 p.m. Over the past year, we have increased our total annualized rent from the multi-family portfolio by 7.7%, reflecting strong demand for our newly developed units at Moanalua and higher revenues from the rest of our multi-family portfolio.
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Crummy -- Chief Investment Officer Mona M. Gisler -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst David Rodgers -- Robert W. Baird & Co -- Analyst Nick Yulico -- Scotiabank -- Analyst Jamie Feldman -- Bank of America -- Analyst John Guinee -- Stifel -- Analyst Blaine Heck -- Wells Fargo Equity Research -- Analyst Emmanuel Korchman -- Citigroup Inc -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst Jason Green -- Evercore -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Douglas Emmett Inc (NYSE: DEI) Q4 2018 Earnings Conference Call Feb. 13, 2019 , 2:00 p.m. That's not to say, that if one or the other office buildings came available that we wouldn't deal ph it, because we'll see how this impacts the downtown market, but we didn't need that additional office building to make the development work.
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Crummy -- Chief Investment Officer Mona M. Gisler -- Chief Financial Officer Alexander Goldfarb -- Sandler O'Neill -- Analyst David Rodgers -- Robert W. Baird & Co -- Analyst Nick Yulico -- Scotiabank -- Analyst Jamie Feldman -- Bank of America -- Analyst John Guinee -- Stifel -- Analyst Blaine Heck -- Wells Fargo Equity Research -- Analyst Emmanuel Korchman -- Citigroup Inc -- Analyst Craig Mailman -- KeyBanc Capital Markets -- Analyst Daniel Ismail -- Green Street Advisors -- Analyst Jason Green -- Evercore -- Analyst More DEI analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Douglas Emmett Inc (NYSE: DEI) Q4 2018 Earnings Conference Call Feb. 13, 2019 , 2:00 p.m. Jordan L. Kaplan -- President & Chief Executive Officer I don't, Nick, I don't think it's really coming on the expense side.
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34229258-657a-42e8-929b-a182fac5e8a1
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725023.0
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2019-02-12 00:00:00 UTC
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Douglas Emmett (DEI) Matches Q4 FFO Estimates
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-matches-q4-ffo-estimates-2019-02-12
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.49 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 surpassed consensus FFO estimates just once.
Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $226.29 million for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 1.24%. This compares to year-ago revenues of $209.19 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 .
Douglas Emmett shares have added about 12.5% since the beginning of the year versus the S&P 500's gain of 8.1%.
What's Next for Douglas Emmett?
While Douglas Emmett 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 Douglas Emmett was 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 $0.51 on $226.02 million in revenues for the coming quarter and $2.10 on $911.25 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 bottom 42% 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.
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.
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 $0.52 per share, in line with the Zacks Consensus Estimate. Click to get this free 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 Douglas Emmett, Inc. (DEI): 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 $0.52 per share, in line with the Zacks Consensus Estimate. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $226.29 million for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 1.24%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.52 per share, in line with the Zacks Consensus Estimate. Click to get this free report Douglas Emmett, Inc. (DEI): 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 $226.29 million for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 1.24%.
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Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.52 per share, in line with the Zacks Consensus Estimate. Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. While Douglas Emmett has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
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8a0fbe7e-0c02-44e7-859f-66417d438632
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2019-02-04 00:00:00 UTC
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Invesco S&P MidCap Low Volatility ETF Experiences Big Inflow
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DEI
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https://www.nasdaq.com/articles/invesco-sp-midcap-low-volatility-etf-experiences-big-inflow-2019-02-04
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $64.3 million dollar inflow -- that's a 3.1% increase week over week in outstanding units (from 43,400,000 to 44,750,000). Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is trading flat, Highwoods Properties, Inc. (Symbol: HIW) is trading flat, and Liberty Property Trust (Symbol: LPT) is lower by about 0.4%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average:
Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.42. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » .
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is trading flat, Highwoods Properties, Inc. (Symbol: HIW) is trading flat, and Liberty Property Trust (Symbol: LPT) is lower by about 0.4%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.42. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is trading flat, Highwoods Properties, Inc. (Symbol: HIW) is trading flat, and Liberty Property Trust (Symbol: LPT) is lower by about 0.4%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.42. Click here to find out which 9 other ETFs had notable inflows » 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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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is trading flat, Highwoods Properties, Inc. (Symbol: HIW) is trading flat, and Liberty Property Trust (Symbol: LPT) is lower by about 0.4%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $64.3 million dollar inflow -- that's a 3.1% increase week over week in outstanding units (from 43,400,000 to 44,750,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.42.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is trading flat, Highwoods Properties, Inc. (Symbol: HIW) is trading flat, and Liberty Property Trust (Symbol: LPT) is lower by about 0.4%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $64.3 million dollar inflow -- that's a 3.1% increase week over week in outstanding units (from 43,400,000 to 44,750,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.42.
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092a0885-6fcc-4c44-8996-de84ab8f586c
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725025.0
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2019-01-30 00:00:00 UTC
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DEI Makes Bullish Cross Above Critical Moving Average
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DEI
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https://www.nasdaq.com/articles/dei-makes-bullish-cross-above-critical-moving-average-2019-01-30
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $37.42, changing hands as high as $37.74 per share. Douglas Emmett Inc shares are currently trading up about 1% 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 $32.32 per share, with $40.86 as the 52 week high point - that compares with a last trade of $37.68.
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
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 trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $37.42, changing hands as high as $37.74 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 $32.32 per share, with $40.86 as the 52 week high point - that compares with a last trade of $37.68. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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 $37.42, changing hands as high as $37.74 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 $32.32 per share, with $40.86 as the 52 week high point - that compares with a last trade of $37.68. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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 $37.42, changing hands as high as $37.74 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 $32.32 per share, with $40.86 as the 52 week high point - that compares with a last trade of $37.68. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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 $37.42, changing hands as high as $37.74 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 $32.32 per share, with $40.86 as the 52 week high point - that compares with a last trade of $37.68. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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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95fa120b-7222-4729-aa76-63c24765dc5f
|
725026.0
|
2019-01-25 00:00:00 UTC
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Invesco S&P MidCap Low Volatility ETF Experiences Big Inflow
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DEI
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https://www.nasdaq.com/articles/invesco-sp-midcap-low-volatility-etf-experiences-big-inflow-2019-01-25
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $84.4 million dollar inflow -- that's a 4.3% increase week over week in outstanding units (from 41,600,000 to 43,400,000). Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 1.1%, Highwoods Properties, Inc. (Symbol: HIW) is up about 0.9%, and Liberty Property Trust (Symbol: LPT) is higher by about 0.9%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average:
Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.17. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » .
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 1.1%, Highwoods Properties, Inc. (Symbol: HIW) is up about 0.9%, and Liberty Property Trust (Symbol: LPT) is higher by about 0.9%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.17. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 1.1%, Highwoods Properties, Inc. (Symbol: HIW) is up about 0.9%, and Liberty Property Trust (Symbol: LPT) is higher by about 0.9%. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.17. Click here to find out which 9 other ETFs had notable inflows » 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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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 1.1%, Highwoods Properties, Inc. (Symbol: HIW) is up about 0.9%, and Liberty Property Trust (Symbol: LPT) is higher by about 0.9%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $84.4 million dollar inflow -- that's a 4.3% increase week over week in outstanding units (from 41,600,000 to 43,400,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.17.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 1.1%, Highwoods Properties, Inc. (Symbol: HIW) is up about 0.9%, and Liberty Property Trust (Symbol: LPT) is higher by about 0.9%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $84.4 million dollar inflow -- that's a 4.3% increase week over week in outstanding units (from 41,600,000 to 43,400,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.46 as the 52 week high point - that compares with a last trade of $47.17.
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e395697b-5d3a-4516-af3c-9a029266e07c
|
725027.0
|
2018-12-27 00:00:00 UTC
|
Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for December 28, 2018
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-december-28-2018-2018-12-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2018. A cash dividend payment of $0.26 per share is scheduled to be paid on January 15, 2019. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4% increase over prior dividend payment. At the current stock price of $33.78, the dividend yield is 3.08%.
The previous trading day's last sale of DEI was $33.78, representing a -18.7% decrease from the 52 week high of $41.55 and a 4.52% increase over the 52 week low of $32.32.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.71. Zacks Investment Research reports DEI's forecasted earnings growth in 2018 as 6.26%, compared to an industry average of .6%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports DEI's forecasted earnings growth in 2018 as 6.26%, compared to an industry average of .6%. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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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. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2018. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $33.78, representing a -18.7% decrease from the 52 week high of $41.55 and a 4.52% increase over the 52 week low of $32.32. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI's current earnings per share, an indicator of a company's profitability, is $.71. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2018.
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3c95c277-d1f8-4ef8-b5da-0e648e2cdd4b
|
725028.0
|
2018-12-26 00:00:00 UTC
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Ex-Dividend Reminder: Franklin Resources, Douglas Emmett and Fifth Third Bancorp
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder-franklin-resources-douglas-emmett-and-fifth-third-bancorp-2018-12-26
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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 12/28/18, Franklin Resources, Inc. (Symbol: BEN), Douglas Emmett Inc (Symbol: DEI), and Fifth Third Bancorp (Symbol: FITB) will all trade ex-dividend for their respective upcoming dividends. Franklin Resources, Inc. will pay its quarterly dividend of $0.26 on 1/11/19, Douglas Emmett Inc will pay its quarterly dividend of $0.26 on 1/15/19, and Fifth Third Bancorp will pay its quarterly dividend of $0.22 on 1/15/19. As a percentage of BEN's recent stock price of $27.83, this dividend works out to approximately 0.93%, so look for shares of Franklin Resources, Inc. to trade 0.93% lower - all else being equal - when BEN shares open for trading on 12/28/18. Similarly, investors should look for DEI to open 0.79% lower in price and for FITB to open 0.98% lower, all else being equal.
Below are dividend history charts for BEN, DEI, and FITB, showing historical dividends prior to the most recent ones declared.
Franklin Resources, Inc. (Symbol: BEN) :
Douglas Emmett Inc (Symbol: DEI) :
Fifth Third Bancorp (Symbol: FITB) :
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 3.74% for Franklin Resources, Inc., 3.17% for Douglas Emmett Inc, and 3.93% for Fifth Third Bancorp .
In Wednesday trading, Franklin Resources, Inc. shares are currently up about 0.2%, Douglas Emmett Inc shares are up about 0.9%, and Fifth Third Bancorp shares are trading flat on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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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Looking at the universe of stocks we cover at Dividend Channel , on 12/28/18, Franklin Resources, Inc. (Symbol: BEN), Douglas Emmett Inc (Symbol: DEI), and Fifth Third Bancorp (Symbol: FITB) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DEI to open 0.79% lower in price and for FITB to open 0.98% lower, all else being equal. Below are dividend history charts for BEN, DEI, and FITB, 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 12/28/18, Franklin Resources, Inc. (Symbol: BEN), Douglas Emmett Inc (Symbol: DEI), and Fifth Third Bancorp (Symbol: FITB) will all trade ex-dividend for their respective upcoming dividends. Franklin Resources, Inc. (Symbol: BEN) : Douglas Emmett Inc (Symbol: DEI) : Fifth Third Bancorp (Symbol: FITB) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for DEI to open 0.79% lower in price and for FITB to open 0.98% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/28/18, Franklin Resources, Inc. (Symbol: BEN), Douglas Emmett Inc (Symbol: DEI), and Fifth Third Bancorp (Symbol: FITB) will all trade ex-dividend for their respective upcoming dividends. Franklin Resources, Inc. (Symbol: BEN) : Douglas Emmett Inc (Symbol: DEI) : Fifth Third Bancorp (Symbol: FITB) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for DEI to open 0.79% lower in price and for FITB to open 0.98% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/28/18, Franklin Resources, Inc. (Symbol: BEN), Douglas Emmett Inc (Symbol: DEI), and Fifth Third Bancorp (Symbol: FITB) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DEI to open 0.79% lower in price and for FITB to open 0.98% lower, all else being equal. Below are dividend history charts for BEN, DEI, and FITB, showing historical dividends prior to the most recent ones declared.
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996684b5-fd46-4866-a780-199c8cb8268c
|
725029.0
|
2018-12-24 00:00:00 UTC
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Monday 12/24 Insider Buying Report: D, DEI
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DEI
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https://www.nasdaq.com/articles/monday-1224-insider-buying-report-d-dei-2018-12-24
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nan
|
nan
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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.
On Wednesday, Dominion Energy's, CFO & Treasurer, James R. Chapman, made a $299,998 purchase of D, buying 4,053 shares at a cost of $74.02 each. Dominion Energy Inc is trading off about 5% on the day Monday.
And at Douglas Emmett, there was insider buying on Thursday, by Director William E. Simon Jr. who bought 8,700 shares at a cost of $34.17 each, for a total investment of $297,296. Before this latest buy, Simon Jr. made one other purchase in the past year, buying $296,861 shares for a cost of $38.55 each. Douglas Emmett is trading off about 4.4% on the day Monday. Investors have the opportunity to grab DEI even cheaper than Simon Jr. did, with the stock changing hands as low as $32.46 at last check today which is 5.0% below Simon Jr.'s purchase price.
VIDEO: Monday 12/24 Insider Buying Report: D, DEI
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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Investors have the opportunity to grab DEI even cheaper than Simon Jr. did, with the stock changing hands as low as $32.46 at last check today which is 5.0% below Simon Jr.'s purchase price. VIDEO: Monday 12/24 Insider Buying Report: D, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.
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VIDEO: Monday 12/24 Insider Buying Report: D, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Investors have the opportunity to grab DEI even cheaper than Simon Jr. did, with the stock changing hands as low as $32.46 at last check today which is 5.0% below Simon Jr.'s purchase price. And at Douglas Emmett, there was insider buying on Thursday, by Director William E. Simon Jr. who bought 8,700 shares at a cost of $34.17 each, for a total investment of $297,296.
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VIDEO: Monday 12/24 Insider Buying Report: D, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Investors have the opportunity to grab DEI even cheaper than Simon Jr. did, with the stock changing hands as low as $32.46 at last check today which is 5.0% below Simon Jr.'s purchase price. Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.
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Investors have the opportunity to grab DEI even cheaper than Simon Jr. did, with the stock changing hands as low as $32.46 at last check today which is 5.0% below Simon Jr.'s purchase price. VIDEO: Monday 12/24 Insider Buying Report: D, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.
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3d498c07-ae14-48e9-a339-2751900d5d31
|
725030.0
|
2018-12-18 00:00:00 UTC
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Peek Under The Hood: ICF Has 11% Upside
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DEI
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https://www.nasdaq.com/articles/peek-under-hood-icf-has-11-upside-2018-12-18
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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 Cohen & Steers REIT ETF (Symbol: ICF), we found that the implied analyst target price for the ETF based upon its underlying holdings is $108.73 per unit.
With ICF trading at a recent price near $98.19 per unit, that means that analysts see 10.73% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of ICF's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Park Hotels & Resorts Inc (Symbol: PK), and Alexandria Real Estate Equities Inc (Symbol: ARE). Although DEI has traded at a recent price of $34.06/share, the average analyst target is 21.44% higher at $41.36/share. Similarly, PK has 16.18% upside from the recent share price of $27.63 if the average analyst target price of $32.10/share is reached, and analysts on average are expecting ARE to reach a target price of $133.50/share, which is 12.42% above the recent price of $118.75. Below is a twelve month price history chart comparing the stock performance of DEI, PK, and ARE:
Below is a summary table of the current analyst target prices discussed above:
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 »
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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Although DEI has traded at a recent price of $34.06/share, the average analyst target is 21.44% higher at $41.36/share. Below is a twelve month price history chart comparing the stock performance of DEI, PK, and ARE: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of ICF's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Park Hotels & Resorts Inc (Symbol: PK), and Alexandria Real Estate Equities Inc (Symbol: ARE).
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Three of ICF's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Park Hotels & Resorts Inc (Symbol: PK), and Alexandria Real Estate Equities Inc (Symbol: ARE). Although DEI has traded at a recent price of $34.06/share, the average analyst target is 21.44% higher at $41.36/share. Below is a twelve month price history chart comparing the stock performance of DEI, PK, and ARE: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Below is a twelve month price history chart comparing the stock performance of DEI, PK, and ARE: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of ICF's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Park Hotels & Resorts Inc (Symbol: PK), and Alexandria Real Estate Equities Inc (Symbol: ARE). Although DEI has traded at a recent price of $34.06/share, the average analyst target is 21.44% higher at $41.36/share.
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Below is a twelve month price history chart comparing the stock performance of DEI, PK, and ARE: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of ICF's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), Park Hotels & Resorts Inc (Symbol: PK), and Alexandria Real Estate Equities Inc (Symbol: ARE). Although DEI has traded at a recent price of $34.06/share, the average analyst target is 21.44% higher at $41.36/share.
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5aa1eebc-2e93-4584-975c-9da98c3343af
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725031.0
|
2018-11-01 00:00:00 UTC
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Douglas Emmett (DEI) Meets Q3 FFO Estimates
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei-meets-q3-ffo-estimates-2018-11-01
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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 $0.50 per share when it actually produced FFO of $0.51, delivering a surprise of 2%.
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 $197.05 million for the quarter ended September 2018, missing the Zacks Consensus Estimate by 11.56%. This compares to year-ago revenues of $184.62 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.
Douglas Emmett shares have lost about 11.9% since the beginning of the year versus the S&P 500's gain of 1.4%.
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 was 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 $223.05 million in revenues for the coming quarter and $2.02 on $871.68 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 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.
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.
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. Click to get this free 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 Douglas Emmett, Inc. (DEI): 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, in line with the Zacks Consensus Estimate. Douglas Emmett, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $197.05 million for the quarter ended September 2018, missing the Zacks Consensus Estimate by 11.56%.
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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. Click to get this free report Douglas Emmett, Inc. (DEI): 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 $197.05 million for the quarter ended September 2018, missing the Zacks Consensus Estimate by 11.56%.
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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. Click to get this free report Douglas Emmett, Inc. (DEI): 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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7e261860-98a9-4975-9f64-c0c933e79c88
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725032.0
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2018-10-29 00:00:00 UTC
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RenaissanceRe's (RNR) Q3 Earnings: What's in the Cards?
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DEI
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https://www.nasdaq.com/articles/renaissanceres-rnr-q3-earnings%3A-whats-in-the-cards-2018-10-29
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nan
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nan
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RenaissanceRe Holdings Ltd.RNR is set to report third-quarter 2018 results on Oct 31, before the market opens. Last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate by a whopping 73.7% and soared 87.5% year over year.
The company boasts an impressive surprise history, surpassing estimates in three of the last four quarters with an average beat of 73.75%.
Factors to be Considered in Q3
For the to-be-reported quarter, the Zacks Consensus Estimate for earnings is pegged at 10 cents. Meanwhile, the company incurred a loss of $13.81 in the year-ago quarter.
The Zacks Estimate for revenues is pegged at $609 million, up 3% from the year-ago quarter. The company has likely witnessed a positive trend in premiums written, continuing with its momentum of the past five years. This upside is driven by both its Casualty and Specialty plus Property segments.
The uptick in gross premiums written in the other property class of business are likely to be fueled by growth from Lloyd's underwriting platform. The company's management of risk portfolio and strength in current and new businesses are also factors driving this segment.
Performance by the Casualty and Specialty segment would likely boost the revenue base as well, aided by new business opportunities.
However, RenaissanceRe's bottom line has likely suffered due to catastrophe loss incurred from Hurricane Florence. The company also anticipated further loss of $155 million from the net negative impact of third-quarter catastrophe events. The estimated loss from these weather-related occurrences is because of Typhoon Jebi and Hurricane Florence. The company anticipates to report modest net income available to common shareholders for the to-be-reported quarter.
In the third quarter, RenaissanceRe has possibly continued with its efforts to reduce its total expenses through operational efficiency.
What the Quantitative Model States
Our proven model does not conclusively show that RenaissanceRe is likely to beat on earnings this quarter to be reported. This is because the stock needs the right combination of a positive Earnings ESP and a favorable Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen, which is not the case here as elaborated below.
Earnings ESP: RenaissanceRe has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter .
RenaissanceRe Holdings Ltd. Price and EPS Surprise
RenaissanceRe Holdings Ltd. Price and EPS Surprise | RenaissanceRe Holdings Ltd. Quote
Zacks Rank : RenaissanceRe carries a Zacks Rank #3, which increases the predictive power of ESP. However, the company's 0.00% ESP makes surprise prediction difficult.
We caution against the Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Some stocks worth considering from the finance sector with the right combination of elements to beat estimates this time around are as follows:
Cboe Global Markets, Inc. CBOE has an Earnings ESP of +0.66% and a Zacks Rank of 3. The company is set to announce third-quarter earnings on Nov 2. You can see the complete list of today's Zacks #1 Rank stocks here .
CBRE Group, Inc. CBRE has an Earnings ESP of +0.67% and a Zacks Rank #2. The company is set to announce third-quarter earnings on Nov 1.
Douglas Emmett, Inc. DEI has an Earnings ESP of +0.44% and is a Zacks #3 Ranked player. It is set to release third-quarter earnings on Nov 1.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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
RenaissanceRe Holdings Ltd. (RNR): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
Cboe Global Markets, Inc. (CBOE): Free Stock Analysis Report
CBRE Group, Inc. (CBRE): 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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Douglas Emmett, Inc. DEI has an Earnings ESP of +0.44% and is a Zacks #3 Ranked player. Click to get this free report RenaissanceRe Holdings Ltd. (RNR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Cboe Global Markets, Inc. (CBOE): Free Stock Analysis Report CBRE Group, Inc. (CBRE): Free Stock Analysis Report To read this article on Zacks.com click here. The uptick in gross premiums written in the other property class of business are likely to be fueled by growth from Lloyd's underwriting platform.
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Click to get this free report RenaissanceRe Holdings Ltd. (RNR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Cboe Global Markets, Inc. (CBOE): Free Stock Analysis Report CBRE Group, Inc. (CBRE): Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, Inc. DEI has an Earnings ESP of +0.44% and is a Zacks #3 Ranked player. Last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate by a whopping 73.7% and soared 87.5% year over year.
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Click to get this free report RenaissanceRe Holdings Ltd. (RNR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Cboe Global Markets, Inc. (CBOE): Free Stock Analysis Report CBRE Group, Inc. (CBRE): Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, Inc. DEI has an Earnings ESP of +0.44% and is a Zacks #3 Ranked player. RenaissanceRe Holdings Ltd. Price and EPS Surprise RenaissanceRe Holdings Ltd. Price and EPS Surprise | RenaissanceRe Holdings Ltd. Quote Zacks Rank : RenaissanceRe carries a Zacks Rank #3, which increases the predictive power of ESP.
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Douglas Emmett, Inc. DEI has an Earnings ESP of +0.44% and is a Zacks #3 Ranked player. Click to get this free report RenaissanceRe Holdings Ltd. (RNR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Cboe Global Markets, Inc. (CBOE): Free Stock Analysis Report CBRE Group, Inc. (CBRE): Free Stock Analysis Report To read this article on Zacks.com click here. Meanwhile, the company incurred a loss of $13.81 in the year-ago quarter.
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a0639f63-17ad-44ec-8cae-68dccfb33718
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725033.0
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2018-10-29 00:00:00 UTC
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Why Douglas Emmett (DEI) is a Great Dividend Stock Right Now
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DEI
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https://www.nasdaq.com/articles/why-douglas-emmett-dei-is-a-great-dividend-stock-right-now-2018-10-29
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nan
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nan
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Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Douglas Emmett in Focus
Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. The stock has seen a price change of -13.18% since the start of the year. The real estate investment trust is currently shelling out a dividend of $0.25 per share, with a dividend yield of 2.81%. This compares to the REIT and Equity Trust - Other industry's yield of 4.51% and the S&P 500's yield of 2.02%.
Looking at dividend growth, the company's current annualized dividend of $1 is up 6.4% from last year. Over the last 5 years, Douglas Emmett has increased its dividend 5 times on a year-over-year basis for an average annual increase of 5.31%. Any future dividend growth will depend on both earnings growth and the company's payout ratio; a payout ratio is the proportion of a firm's annual earnings per share that it pays out as a dividend. Douglas Emmett's current payout ratio is 51%, meaning it paid out 51% of its trailing 12-month EPS as dividend.
Earnings growth looks solid for DEI for this fiscal year. The Zacks Consensus Estimate for 2018 is $2.02 per share, which represents a year-over-year growth rate of 6.32%.
Bottom Line
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers their shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, DEI is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold).
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.
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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Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. Earnings growth looks solid for DEI for this fiscal year. With that in mind, DEI is a compelling investment opportunity.
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Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. Earnings growth looks solid for DEI for this fiscal year.
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Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. Earnings growth looks solid for DEI for this fiscal year. With that in mind, DEI is a compelling investment opportunity.
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Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. Earnings growth looks solid for DEI for this fiscal year. With that in mind, DEI is a compelling investment opportunity.
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94034861-6ffb-4ef9-8461-da25572c993e
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725034.0
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2018-10-29 00:00:00 UTC
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Can Demographic Tailwinds Drive HCP's Earnings This Season?
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DEI
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https://www.nasdaq.com/articles/can-demographic-tailwinds-drive-hcps-earnings-this-season-2018-10-29
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nan
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nan
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HCP Inc.HCP is slated to report third-quarter 2018 results on Oct 31, before the opening bell. Though the company's performance will likely reflect a year-over-year decline in funds from operations (FFO), its top-line results are anticipated to display growth.
In the last reported quarter, this Irvine, CA-based healthcare REIT delivered a positive surprise of 2.17%, in terms of adjusted FFO per share. Results reflected better-than-expected revenue numbers for the Apr-Jun quarter.
The company has an impressive surprise history. In fact, over the trailing four quarters, this REIT exceeded estimates in each occasion, coming up with an average positive beat of 3.25%. This is depicted in the graph below.
HCP, Inc. Price and EPS Surprise
HCP, Inc. Price and EPS Surprise | HCP, Inc. Quote
Let's see how things are shaping up, prior to this announcement.
Factors to Consider
Per an article by National Investment Center for Seniors Housing & Care (NIC), fundamentals of the senior housing real estate assets remained soft in the third quarter. In fact, occupancy rate for seniors housing (including properties still in lease up) shrunk 80 basis points (bps) year over year to 87.9%, marking the lowest dip since second-quarter 2011. Nonetheless, same-store asking rent for seniors housing was up 2.7% sequentially.
Understandably, the company is expected to have witnessed a decline in its senior housing portfolio occupancy. Nonetheless, net operating income for this segment is expected to be up moderately 2.3% as compared to the prior quarter to $37.44 million, while revenues might have remained flat at $138 million.
In the quarter under review, the company is likely to have gained from rising healthcare spending and growing aging population. In fact, the Zacks Consensus Estimate for rental and related revenues of $280 million indicates a year-over-year increase of 5.3%. Also, total revenues for the Sep-end quarter are projected at nearly $457.45 million - reflecting a year-over year increase of 0.76%.
In its life-science segment, we estimate occupancy and revenues to have remained sequentially flat at 96% and $78 million, respectively.
Further, rising interest rates is another unfavorable development for the company. Since healthcare REITs have substantial exposure to long-term leased assets that are subject to annual escalations, this REIT sector is the most sensitive to interest rate hikes. Therefore, a higher interest rate is likely to have raised the cost of debt, which, in turn, is likely to have affected the company's profitability in the Jul-Sep quarter.
In fact, HCP's activities during the quarter were inadequate to gain analyst confidence. Consequently, the Zacks Consensus Estimate for Q3 FFO remained unchanged at 43 cents in a month's time. Furthermore, it indicates a 10.42% year-over-year decline.
Earnings Whispers
Our proven model does not show that HCP has the right combination of the two key ingredients - positive Earnings ESP and a Zacks Rank #3 (Hold) or better - to increase the odds of an earnings beat in the third quarter.
You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Earnings ESP: The Earnings ESP for HCP is 0.00%.
Zacks Rank: HCP carries a Zacks Rank of 3, at present.
Stocks That Warrant a Look
Here are a few stocks in the REIT sector that you may want to consider, as our model shows that these have the right combination of elements to report a positive surprise this quarter:
Ashford Hospitality Trust AHT , scheduled to release earnings on Nov 1, has an Earnings ESP of +7.14% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Douglas Emmett, Inc. DEI , slated to report Sep-end quarter results on Nov 1, has an Earnings ESP of +0.44% and a Zacks Rank of 3.
SBA Communications Corporation SBAC , set to release quarterly figures on Nov 5, has an Earnings ESP of +1.29% and a Zacks Rank of 3.
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.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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
SBA Communications Corporation (SBAC): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
HCP, Inc. (HCP): Free Stock Analysis Report
Ashford Hospitality Trust Inc (AHT): 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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Douglas Emmett, Inc. DEI , slated to report Sep-end quarter results on Nov 1, has an Earnings ESP of +0.44% and a Zacks Rank of 3. Click to get this free report SBA Communications Corporation (SBAC): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report Ashford Hospitality Trust Inc (AHT): Free Stock Analysis Report To read this article on Zacks.com click here. SBA Communications Corporation SBAC , set to release quarterly figures on Nov 5, has an Earnings ESP of +1.29% and a Zacks Rank of 3.
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Douglas Emmett, Inc. DEI , slated to report Sep-end quarter results on Nov 1, has an Earnings ESP of +0.44% and a Zacks Rank of 3. Click to get this free report SBA Communications Corporation (SBAC): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report Ashford Hospitality Trust Inc (AHT): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks That Warrant a Look Here are a few stocks in the REIT sector that you may want to consider, as our model shows that these have the right combination of elements to report a positive surprise this quarter: Ashford Hospitality Trust AHT , scheduled to release earnings on Nov 1, has an Earnings ESP of +7.14% and a Zacks Rank #3.
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Click to get this free report SBA Communications Corporation (SBAC): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report Ashford Hospitality Trust Inc (AHT): Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, Inc. DEI , slated to report Sep-end quarter results on Nov 1, has an Earnings ESP of +0.44% and a Zacks Rank of 3. Earnings Whispers Our proven model does not show that HCP has the right combination of the two key ingredients - positive Earnings ESP and a Zacks Rank #3 (Hold) or better - to increase the odds of an earnings beat in the third quarter.
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Douglas Emmett, Inc. DEI , slated to report Sep-end quarter results on Nov 1, has an Earnings ESP of +0.44% and a Zacks Rank of 3. Click to get this free report SBA Communications Corporation (SBAC): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report HCP, Inc. (HCP): Free Stock Analysis Report Ashford Hospitality Trust Inc (AHT): Free Stock Analysis Report To read this article on Zacks.com click here. Further, rising interest rates is another unfavorable development for the company.
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dbbd16c0-1a7d-4cdc-87e7-2e9e838adcad
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725035.0
|
2018-10-09 00:00:00 UTC
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Hudson Pacific Forms JV for Iconic Ferry Building's Buyout
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DEI
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https://www.nasdaq.com/articles/hudson-pacific-forms-jv-for-iconic-ferry-buildings-buyout-2018-10-09
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nan
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nan
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Hudson Pacific Properties, Inc.HPP recently formed a joint venture (JV) with Allianz Real Estate to acquire leasehold interest in the iconic Ferry Building from Equity Office, an affiliate of the investment behemoth Blackstone Group. The JV shelled out $291 million in an all-cash transaction, excluding prorations, credits and closing costs for the buyout.
Hudson Pacific owns a majority stake in the JV with 55% interest, while Allianz owns 45% stake. Also, Hudson Pacific will manage the day-to-day operations of the property and serve as the managing member. The transaction has been approved by the Port of San Francisco - the owner of the land under the Ferry Building. Also, the remaining ground lease on the building is 49 years.
The Ferry Building offers Class A office space spanning 192,532 square feet. It is leased out mostly to top-tier companies such as SS&C Technologies, Inc., Meltwater, Inc., Meritage Group LP and Niantic, Inc. Further, 75,486 square feet of retail space includes tenants like The Slanted Door and Blue Bottle Coffee.
Notably, the property is uniquely located along San Francisco's popular waterfront Embarcadero and captures business from a large and diverse demand base. Additionally, a public food market -The Ferry Building Marketplace - is organized along the Nave, an indoor street, that draws more than 8.8 million visitors annually.
The trophy office building is the focal point of San Francisco's waterfront. Hence, acquisition of such a recognizable asset is a notable foot for the company, enabling it to improve portfolio quality.
Per management, "The acquisition of the Ferry Building fits perfectly with our strategy of identifying creative ways to improve the performance of exceptional real estate within global centers of tech innovation."
In addition, the Ferry Building's waterfront neighborhood is a transit hub that connects surrounding neighborhoods and bay communities. Hence, the location attracts interest from a number of top-class companies.
Understandably, the new owners of the property are exploring ways to increasingly add value through key redevelopment opportunities and drive footfall. Moreover, it enhances the company's ability to re-lease space at higher rents, once the existing lease expires.
Hudson Pacific carries a Zacks Rank #3 (Hold), at present.
Also, shares of the company have depreciated 1.7% as compared with the industry 's loss of 3.8%, over the past year.
Stocks to Consider
A few better-ranked stocks from the real estate investment trust (REIT) space are Corrections Corp. of America CXW , Douglas Emmett, Inc. DEI and W. P. Carey Inc. WPC . All three stocks carry a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Corrections Corp.' Zacks Consensus Estimate for 2018 funds from operations (FFO) per share remained unchanged at $2.32 in the last month. Its shares have gained 16.2% in the past six months.
Douglas Emmett's current-year FFO per share estimates remained unchanged at $2.02 over the last 30 days. Its shares have appreciated 5.7% over the past six months.
W. P. Carey's FFO per share estimates for 2018 remained unchanged at $5.43 in 30 days' time. The stock has returned 3.3% in six months' time.
Today's Stocks from Zacks' Hottest Strategies
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And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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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
Hudson Pacific Properties, Inc. (HPP): Free Stock Analysis Report
W.P. Carey Inc. (WPC): Free Stock Analysis Report
Corrections Corp. of America (CXW): 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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Stocks to Consider A few better-ranked stocks from the real estate investment trust (REIT) space are Corrections Corp. of America CXW , Douglas Emmett, Inc. DEI and W. P. Carey Inc. WPC . Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Hudson Pacific Properties, Inc. (HPP): Free Stock Analysis Report W.P. Hudson Pacific Properties, Inc.HPP recently formed a joint venture (JV) with Allianz Real Estate to acquire leasehold interest in the iconic Ferry Building from Equity Office, an affiliate of the investment behemoth Blackstone Group.
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Stocks to Consider A few better-ranked stocks from the real estate investment trust (REIT) space are Corrections Corp. of America CXW , Douglas Emmett, Inc. DEI and W. P. Carey Inc. WPC . Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Hudson Pacific Properties, Inc. (HPP): Free Stock Analysis Report W.P. Carey Inc. (WPC): Free Stock Analysis Report Corrections Corp. of America (CXW): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Hudson Pacific Properties, Inc. (HPP): Free Stock Analysis Report W.P. Stocks to Consider A few better-ranked stocks from the real estate investment trust (REIT) space are Corrections Corp. of America CXW , Douglas Emmett, Inc. DEI and W. P. Carey Inc. WPC . Hudson Pacific Properties, Inc.HPP recently formed a joint venture (JV) with Allianz Real Estate to acquire leasehold interest in the iconic Ferry Building from Equity Office, an affiliate of the investment behemoth Blackstone Group.
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Stocks to Consider A few better-ranked stocks from the real estate investment trust (REIT) space are Corrections Corp. of America CXW , Douglas Emmett, Inc. DEI and W. P. Carey Inc. WPC . Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report Hudson Pacific Properties, Inc. (HPP): Free Stock Analysis Report W.P. Hudson Pacific Properties, Inc.HPP recently formed a joint venture (JV) with Allianz Real Estate to acquire leasehold interest in the iconic Ferry Building from Equity Office, an affiliate of the investment behemoth Blackstone Group.
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750e7c82-f910-4480-a610-58897496bf7a
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725036.0
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2018-10-04 00:00:00 UTC
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How The Pieces Add Up: CZA Targets $76
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DEI
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https://www.nasdaq.com/articles/how-pieces-add-cza-targets-76-2018-10-04
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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 Invesco Zacks Mid-Cap ETF (Symbol: CZA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $76.28 per unit.
With CZA trading at a recent price near $68.15 per unit, that means that analysts see 11.93% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of CZA's underlying holdings with notable upside to their analyst target prices are Brookfield Infrastructure Partners LP (Symbol: BIP), Douglas Emmett Inc (Symbol: DEI), and MDU Resources Group Inc (Symbol: MDU). Although BIP has traded at a recent price of $40.00/share, the average analyst target is 16.64% higher at $46.66/share. Similarly, DEI has 13.39% upside from the recent share price of $37.16 if the average analyst target price of $42.14/share is reached, and analysts on average are expecting MDU to reach a target price of $28.88/share, which is 12.97% above the recent price of $25.56. Below is a twelve month price history chart comparing the stock performance of BIP, DEI, and MDU:
Below is a summary table of the current analyst target prices discussed above:
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 »
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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Below is a twelve month price history chart comparing the stock performance of BIP, DEI, and MDU: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of CZA's underlying holdings with notable upside to their analyst target prices are Brookfield Infrastructure Partners LP (Symbol: BIP), Douglas Emmett Inc (Symbol: DEI), and MDU Resources Group Inc (Symbol: MDU). Similarly, DEI has 13.39% upside from the recent share price of $37.16 if the average analyst target price of $42.14/share is reached, and analysts on average are expecting MDU to reach a target price of $28.88/share, which is 12.97% above the recent price of $25.56.
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Similarly, DEI has 13.39% upside from the recent share price of $37.16 if the average analyst target price of $42.14/share is reached, and analysts on average are expecting MDU to reach a target price of $28.88/share, which is 12.97% above the recent price of $25.56. Three of CZA's underlying holdings with notable upside to their analyst target prices are Brookfield Infrastructure Partners LP (Symbol: BIP), Douglas Emmett Inc (Symbol: DEI), and MDU Resources Group Inc (Symbol: MDU). Below is a twelve month price history chart comparing the stock performance of BIP, DEI, and MDU: Below is a summary table of the current analyst target prices discussed above: 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 13.39% upside from the recent share price of $37.16 if the average analyst target price of $42.14/share is reached, and analysts on average are expecting MDU to reach a target price of $28.88/share, which is 12.97% above the recent price of $25.56. Below is a twelve month price history chart comparing the stock performance of BIP, DEI, and MDU: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of CZA's underlying holdings with notable upside to their analyst target prices are Brookfield Infrastructure Partners LP (Symbol: BIP), Douglas Emmett Inc (Symbol: DEI), and MDU Resources Group Inc (Symbol: MDU).
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Similarly, DEI has 13.39% upside from the recent share price of $37.16 if the average analyst target price of $42.14/share is reached, and analysts on average are expecting MDU to reach a target price of $28.88/share, which is 12.97% above the recent price of $25.56. Three of CZA's underlying holdings with notable upside to their analyst target prices are Brookfield Infrastructure Partners LP (Symbol: BIP), Douglas Emmett Inc (Symbol: DEI), and MDU Resources Group Inc (Symbol: MDU). Below is a twelve month price history chart comparing the stock performance of BIP, DEI, and MDU: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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67ed5eab-f174-4a8e-ad08-a33ad1a130a3
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725037.0
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2018-10-03 00:00:00 UTC
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This is Why Douglas Emmett (DEI) is a Great Dividend Stock
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DEI
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https://www.nasdaq.com/articles/this-is-why-douglas-emmett-dei-is-a-great-dividend-stock-2018-10-03
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nan
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nan
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Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Douglas Emmett in Focus
Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. The stock has seen a price change of -8.48% since the start of the year. The real estate investment trust is currently shelling out a dividend of $0.25 per share, with a dividend yield of 2.66%. This compares to the REIT and Equity Trust - Other industry's yield of 4.26% and the S&P 500's yield of 1.79%.
In terms of dividend growth, the company's current annualized dividend of $1 is up 6.4% from last year. Over the last 5 years, Douglas Emmett has increased its dividend 5 times on a year-over-year basis for an average annual increase of 5.31%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, Douglas Emmett's payout ratio is 51%, which means it paid out 51% of its trailing 12-month EPS as dividend.
DEI is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2018 is $2.02 per share, representing a year-over-year earnings growth rate of 6.32%.
Bottom Line
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. It's important to keep in mind that not all companies provide a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. That said, they can take comfort from the fact that DEI is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy).
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.
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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That said, they can take comfort from the fact that DEI is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy). Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. DEI is expecting earnings to expand this fiscal year as well.
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Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. DEI is expecting earnings to expand this fiscal year as well.
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Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. DEI is expecting earnings to expand this fiscal year as well. That said, they can take comfort from the fact that DEI is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy).
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Douglas Emmett in Focus Douglas Emmett (DEI) is headquartered in Santa Monica, and is in the Finance sector. DEI is expecting earnings to expand this fiscal year as well. That said, they can take comfort from the fact that DEI is not only an attractive dividend play, but also represents a compelling investment opportunity with a Zacks Rank of #2 (Buy).
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20008210-ce0a-4fb7-b6a1-4099a1a71a6a
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725038.0
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2018-09-19 00:00:00 UTC
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5 Great REITs to Buy as Inflation Surges
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DEI
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https://www.nasdaq.com/articles/5-great-reits-buy-inflation-surges-2018-09-19
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
One of the biggest misconceptions in investing has to do with real estate investment trusts (REITs) and rising interest rates. As a high-yielding security - thanks to their tax structures - dividend-hungry people often look for REITs to buy to pad their portfolios. However, common wisdom is that investors tend to dump shares of REITs as the Federal Reserve raises rates. After all, when rates are higher you can get bigger yields from "safer" securities like treasury bonds.
However, that relationship isn't 100% cut and dry.
Yes, there is an initial dip from REITs when inflation spikes and the Fed raises rates. Hoever, REITs have historically been able to overcome that dip quite easily. That's because top-notch property owners have long been able to raise their rents at faster rates. And thanks to their tax requirements, much of those high rents make their way back to investors pockets as dividends. With a faster pace of dividend increases, REITs have managed to outperform the S&P 500 the majority of the time during rising rate/high inflation environments.
15 Best S&P 500 Stocks to Buy as the Markets Heat Up
The reality is, REITs are a great investment in today's market conditions. The key is to bet on the top-notch REITs that have the ability to really raise rents. Here are five such REITs to buy today.
Source: Shutterstock
Great REITs to Buy: Douglas Emmett (DEI)
Dividend Yield: 2.6%
The key for REITs and their ability to beat inflation comes down to the old adage "location, location, location." The better and more in-demand your properties are, the easier it is to drive up rents. And that's just what Douglas Emmett (NYSE: DEI ) has been able to do.
DEI's focus continues on Southern California office and apartment market. We're talking L.A., San Francisco, Santa Monica, etc. These areas continue to feature high demand and are very constrained. There simply isn't any room to build a new apartment or office complex in Los Angeles. Luckily for Douglas Emmett, it controls on average about 28% of the Class A office space in its target submarkets. When it comes to real estate, that's near monopoly status.
DEI knows this and benefits by using a slightly different rental scheme than other office REITs. Douglas Emmett purposely keeps its agreements shorter - around five years vs. the industry average of nearly eight years. This forces tenants to renew more often. The kicker is that DEI is then able to raise base rents faster. Even better still, the very high occupancy rates for its properties allow Douglas Emmett to build in yearly rent increases of 3% to 5% into its leases. That means it gets a big boost when a firm renews its lease and gets smaller jumps each year.
All of this does one thing - boost DEI's cash flows and dividends at rates higher than inflation. The REITs last dividend bump was an inflation-beating big 8.7% increase .
In the end, DEI is exactly what investors should be looking for in this environment.
Source: Thomas Harrison (flickr)
Great REITs to Buy: Prologis (PLD)
Dividend Yield: 2.9%
Shopping is getting a big makeover these days as online and omnichannel become the norm. And that means big things for REITs like Prologis (NYSE: PLD ). PLD is one of the largest international owners of warehouses and so-called flex space. That's a big deal as more online shopping and two-day delivery options require more and more warehouse space. In fact, property owners like Prologis can't build them fast enough.
Naturally, that creates a very constrained rental environment. Last year , the REIT managed to see an average of 9% rent growth in the U.S. and 7% across the entire world. This rent growth has helped PLD drive continued funds from operations (FFO) growth over the year. And the rent increases are continuing as more and more retailers take the omnichannel plunge.
An added bonus - FedEx (NYSE: FDX ) and UPS (NYSE: UPS ) are two of PLD's biggest customers. The REIT gets them coming and going.
After keeping its payout steady during he recession, Prologis has started returning its extra cash back to investors in spades. In the last five years, PLD has increased its quarterly payout by more than 70% .
7 Market Heavyweights to Ditch Before the Selloff
For inflation protection, PLD has the goods to keep investors income rising.
Source: Shutterstock
Great REITs to Buy: Kimco Realty (KIM)
Thanks to rising online sales, the retail sector has been hit pretty hard over the last few years. But not all retailers are suffering. In fact, some are doing quite well. Once again, it all comes down to location, and Kimco Realty (NYSE: KIM ) has the ideal locations in spades.
KIM is the largest owner of strip malls and power centers in the country. The key is that Kimco has been pruning its portfolio to focus on more affluent areas of the country. This "signature series" of properties feature more restaurants and shops that cater to higher-end customers. Plenty of Amazon (NASDAQ: AMZN )-proof retailers dot these locations. Ironically, Amazon's Whole Foods Market is one of KIM's largest tenants.
Again, like the other REITs on this list, Kimco has been able to leverage its prime locations to boost rents over the last few years. Rents have increased by an average five-year growth rate of 5%. That has transitioned into higher FFO metrics and dividends for shareholders.
With portfolio pruning continuing and the focus being set on successful omnichannel retailers, KIM should be one of the better REITs to play rising inflation. Dividends and rents will continue to rise at faster rates.
Source: Phillip Capper via Flickr
Great REITs to Buy: Equity Residential (EQR)
Expense Ratio: 3.2%
Home affordability has gotten much easier for many areas of the country. But that isn't the case everywhere. In fact, there are plenty of places where it's simply too expensive for the average joe to afford a home. Equity Residential (NYSE: EQR ) has tapped into this fact in a big way.
Founded by real estate guru Sam Zell, EQR is a powerhouse in the apartment sector with more than 300 different communities and 78,280 apartment units. The key is that these units are located primarily in Boston; New York; Washington, D.C.; Seattle; and San Francisco. These are eactly the areas where home ownership is still pretty difficult to come by. Because of that, EQR has a long history of pretty strong occupancy rates as well as strong rent growth.
This has translated into hefty increases to funds from operation (FFO). Last quarter alone, Equity Residential saw a 4.05% year-over-year jump to its FFO. Steady increases to the FFO metric is critical because it directly translates to dividends and dividend growth potential. EQR has long been able to raise its payout at rates well above measures of inflation. Even better is that the REIT has been known to throw out plenty of special dividend cash to investors as well - including two payouts totaling over $11 per share over the last two years.
6 Monthly Dividend Stocks to Buy
Given its focus areas, strong rent growth and continued high occupancy, EQR could be one of the best REITs to hold in today's market environment.
Great REIT ETFs: iShares Cohen & Steers REIT ETF (ICF)
Dividend Yield: 3.1%
Expense Ratio: 0.34%, or $34 per $10,000 invested annually
Perhaps a single great REIT isn't enough. You certainly could buy all the picks on this list … or you could get them all in one ticker. That's where the iShares Cohen & Steers REIT ETF (BATS: ICF ) comes in.
ICF focuses its attention on the biggest of the big. That means honing in its portfolio on the REITs that dominate their respective property subsectors. You simply get the topd dogs in the asset class. For example, ICF top-ten holding AvalonBay Communities (NYSE: AVB ) owns nearly 78,000 apartment units and Simon Property Group (NYSE: SPG ) holds more than 241,000,000 square feet of leasable retail space. They don't call the ETF the "Realty Majors" index for nothing.
Because of this focus, ICF's 30 holdings are able to take full advantage of the growing economy and the fruits that it brings. This includes being able to raise rents to compensate for the better economic environment and strong demand. For investors looking for an all-in-one play on beating inflation, this REIT ETF could be where it's at.
And returns have proven that fact. Since the ETF's inception back in 2001 - which includes both a tightened and easing interest rate cycle - ICF has managed to return about 9.96% annually. That's not bad at all and has beaten the pants off the S&P 500 over that time. Even better is that the ICF charges a rock-bottom 0.34%, or $34 per $10,000 invested, in expenses.
As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities.
Compare Brokers
The post 5 Great REITs to Buy as Inflation Surges appeared first on InvestorPlace .
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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Source: Shutterstock Great REITs to Buy: Douglas Emmett (DEI) Dividend Yield: 2.6% The key for REITs and their ability to beat inflation comes down to the old adage "location, location, location." And that's just what Douglas Emmett (NYSE: DEI ) has been able to do. DEI's focus continues on Southern California office and apartment market.
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Source: Shutterstock Great REITs to Buy: Douglas Emmett (DEI) Dividend Yield: 2.6% The key for REITs and their ability to beat inflation comes down to the old adage "location, location, location." And that's just what Douglas Emmett (NYSE: DEI ) has been able to do. DEI's focus continues on Southern California office and apartment market.
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Source: Shutterstock Great REITs to Buy: Douglas Emmett (DEI) Dividend Yield: 2.6% The key for REITs and their ability to beat inflation comes down to the old adage "location, location, location." And that's just what Douglas Emmett (NYSE: DEI ) has been able to do. DEI's focus continues on Southern California office and apartment market.
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Source: Shutterstock Great REITs to Buy: Douglas Emmett (DEI) Dividend Yield: 2.6% The key for REITs and their ability to beat inflation comes down to the old adage "location, location, location." And that's just what Douglas Emmett (NYSE: DEI ) has been able to do. DEI's focus continues on Southern California office and apartment market.
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17e59d51-a4c1-45c3-a976-70aae9bfd2c6
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725039.0
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2018-09-18 00:00:00 UTC
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Daily Dividend Report: USB, ORCL, FE, PNR, DEI
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report-usb-orcl-fe-pnr-dei-2018-09-18
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nan
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nan
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U.S. Bancorp ( USB ) has approved a 23 percent increase in the dividend rate on U.S. Bancorp common stock to $0.37 on a quarterly basis, payable October 15, 2018, to stockholders of record at the close of business on September 28, 2018. At this quarterly dividend rate, the annual dividend will be equivalent to $1.48 per common share.
Oracle declared a quarterly cash dividend of $0.19 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on October 16, 2018, with a payment date of October 30, 2018.
FirstEnergy Corp. ( FE ) declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable December 1, 2018, to shareholders of record at the close of business on November 7, 2018.
Pentair ( PNR ) announced that it will pay a regular quarterly cash dividend of $0.175 per share on November 2, 2018 to shareholders of record at the close of business on October 19, 2018.
Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. The dividend will be paid on October 16, 2018 to shareholders of record as of September 28, 2018.
VIDEO: Daily Dividend Report: USB, ORCL, FE, PNR, DEI
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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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. VIDEO: Daily Dividend Report: USB, ORCL, FE, PNR, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. FirstEnergy Corp. ( FE ) declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock.
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VIDEO: Daily Dividend Report: USB, ORCL, FE, PNR, DEI 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 ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. U.S. Bancorp ( USB ) has approved a 23 percent increase in the dividend rate on U.S. Bancorp common stock to $0.37 on a quarterly basis, payable October 15, 2018, to stockholders of record at the close of business on September 28, 2018.
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VIDEO: Daily Dividend Report: USB, ORCL, FE, PNR, DEI 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 ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. U.S. Bancorp ( USB ) has approved a 23 percent increase in the dividend rate on U.S. Bancorp common stock to $0.37 on a quarterly basis, payable October 15, 2018, to stockholders of record at the close of business on September 28, 2018.
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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. VIDEO: Daily Dividend Report: USB, ORCL, FE, PNR, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. U.S. Bancorp ( USB ) has approved a 23 percent increase in the dividend rate on U.S. Bancorp common stock to $0.37 on a quarterly basis, payable October 15, 2018, to stockholders of record at the close of business on September 28, 2018.
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c0d34335-696b-4b45-9a43-2f056279f2bd
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725040.0
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2018-08-27 00:00:00 UTC
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XMLV, DEI, HIW, RYN: Large Outflows Detected at ETF
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DEI
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https://www.nasdaq.com/articles/xmlv-dei-hiw-ryn-large-outflows-detected-etf-2018-08-27
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nan
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nan
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $100.5 million dollar outflow -- that's a 6.5% decrease week over week (from 31,300,000 to 29,250,000). Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.2%, Highwoods Properties, Inc. (Symbol: HIW) is down about 0.5%, and Rayonier Inc. (Symbol: RYN) is relatively unchanged. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average:
Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.28 as the 52 week high point - that compares with a last trade of $49.11. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average » .
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
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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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.2%, Highwoods Properties, Inc. (Symbol: HIW) is down about 0.5%, and Rayonier Inc. (Symbol: RYN) is relatively unchanged. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.28 as the 52 week high point - that compares with a last trade of $49.11. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.2%, Highwoods Properties, Inc. (Symbol: HIW) is down about 0.5%, and Rayonier Inc. (Symbol: RYN) is relatively unchanged. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.28 as the 52 week high point - that compares with a last trade of $49.11. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.2%, Highwoods Properties, Inc. (Symbol: HIW) is down about 0.5%, and Rayonier Inc. (Symbol: RYN) is relatively unchanged. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Invesco S&P MidCap Low Volatility ETF (Symbol: XMLV) where we have detected an approximate $100.5 million dollar outflow -- that's a 6.5% decrease week over week (from 31,300,000 to 29,250,000). For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.28 as the 52 week high point - that compares with a last trade of $49.11.
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Among the largest underlying components of XMLV, in trading today Douglas Emmett Inc (Symbol: DEI) is up about 0.2%, Highwoods Properties, Inc. (Symbol: HIW) is down about 0.5%, and Rayonier Inc. (Symbol: RYN) is relatively unchanged. For a complete list of holdings, visit the XMLV Holdings page » The chart below shows the one year price performance of XMLV, versus its 200 day moving average: Looking at the chart above, XMLV's low point in its 52 week range is $42.0485 per share, with $49.28 as the 52 week high point - that compares with a last trade of $49.11. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed).
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39d88cdd-b3f7-4518-8785-eaa33c06a020
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725041.0
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2018-08-24 00:00:00 UTC
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DEI Crosses Below Key Moving Average Level
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DEI
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https://www.nasdaq.com/articles/dei-crosses-below-key-moving-average-level-2018-08-24
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nan
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nan
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $38.50, changing hands as low as $38.34 per share. Douglas Emmett Inc shares are currently trading down about 0.3% 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.42.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
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 trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $38.50, changing hands as low as $38.34 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.42. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » 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 below their 200 day moving average of $38.50, changing hands as low as $38.34 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.42. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » 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 below their 200 day moving average of $38.50, changing hands as low as $38.34 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.42. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » 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 below their 200 day moving average of $38.50, changing hands as low as $38.34 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.42. Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average » 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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9d85907f-880a-46c0-8923-f7341fd353df
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725042.0
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2018-07-24 00:00:00 UTC
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First Week of DEI September 21st Options Trading
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DEI
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https://www.nasdaq.com/articles/first-week-dei-september-21st-options-trading-2018-07-24
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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 September 21st expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new September 21st contracts and identified one put and one call contract of particular interest.
The put contract at the $35.00 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 $35.00, but will also collect the premium, putting the cost basis of the shares at $34.90 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $38.66/share today.
Because the $35.00 strike represents an approximate 9% 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 95%. 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 0.29% return on the cash commitment, or 1.77% 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 $35.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $40.00 strike price has a current bid of 35 cents. If an investor was to purchase shares of DEI stock at the current price level of $38.66/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $40.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.37% if the stock gets called away at the September 21st 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 $40.00 strike highlighted in red:
Considering the fact that the $40.00 strike represents an approximate 3% 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 71%. 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 0.91% boost of extra return to the investor, or 5.60% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 24%, while the implied volatility in the call contract example is 17%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $38.66) to be 15%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the REITs »
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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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 $40.00 strike highlighted in red: Considering the fact that the $40.00 strike represents an approximate 3% 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 become available this week, for the September 21st expiration.
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Below is a chart showing DEI's trailing twelve month trading history, with the $40.00 strike highlighted in red: Considering the fact that the $40.00 strike represents an approximate 3% 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 become available this week, for the September 21st expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new September 21st 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 $40.00 strike highlighted in red: Considering the fact that the $40.00 strike represents an approximate 3% 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 become available this week, for the September 21st expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new September 21st 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 September 21st 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 $40.00 strike highlighted in red: Considering the fact that the $40.00 strike represents an approximate 3% 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 become available this week, for the September 21st expiration.
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f6d35a1d-0b9f-4f73-b061-3ba7214212c9
|
725043.0
|
2018-06-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for June 28, 2018
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-june-28-2018-2018-06-27
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nan
|
nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on June 28, 2018. A cash dividend payment of $0.25 per share is scheduled to be paid on July 13, 2018. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DEI has paid the same dividend. At the current stock price of $40.08, the dividend yield is 2.5%.
The previous trading day's last sale of DEI was $40.08, representing a -3.63% decrease from the 52 week high of $41.59 and a 15.44% increase over the 52 week low of $34.72.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.62. Zacks Investment Research reports DEI's forecasted earnings growth in 2018 as 5.73%, compared to an industry average of 1.5%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to DEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have DEI as a top-10 holding:
iShares Trust ( ICF ).
The top-performing ETF of this group is ICF with an increase of 4.19% over the last 100 days. It also has the highest percent weighting of DEI at 1.29%.
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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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports DEI's forecasted earnings growth in 2018 as 5.73%, compared to an industry average of 1.5%.
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DEI's current earnings per share, an indicator of a company's profitability, is $.62. 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 ) will begin trading ex-dividend on June 28, 2018.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $40.08, representing a -3.63% decrease from the 52 week high of $41.59 and a 15.44% increase over the 52 week low of $34.72. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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DEI's current earnings per share, an indicator of a company's profitability, is $.62. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on June 28, 2018. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment.
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f22d80ec-b0b8-4c3e-9ea1-a8c44d91013c
|
725044.0
|
2018-06-12 00:00:00 UTC
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Douglas Emmett Sees Hammer Chart Pattern: Time to Buy?
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-sees-hammer-chart-pattern%3A-time-to-buy-2018-06-12
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nan
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nan
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Douglas Emmett, Inc.DEI has been struggling lately, but the selling pressure may be coming to an end soon. That is because DEI recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
What is a Hammer Chart Pattern?
A hammer chart pattern is a popular technical indicator that is used in candlestick charting. The hammer appears when a stock tumbles during the day, but then finds strength at some point in the session to close near or above its opening price. This forms a candlestick that resembles a hammer, and it can suggest that the market has found a low point in the stock, and that better days are ahead.
Other Factors
Plus, earnings estimates have been rising for this company, even despite the sluggish trading lately. In just the past 60 days alone 7 estimates have gone higher, compared to none lower, while the consensus estimate has also moved in the right direction.
Estimates have actually risen so much that the stock now has a Zacks Rank #2 (Buy) suggesting this relatively unloved stock could be due for a breakout soon. This will be especially true if DEI stock can build momentum from here and find a way to continue higher of off this encouraging trading development. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
More Stock News: This Is Bigger than the iPhone!
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Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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.
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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This will be especially true if DEI stock can build momentum from here and find a way to continue higher of off this encouraging trading development. Douglas Emmett, Inc.DEI has been struggling lately, but the selling pressure may be coming to an end soon. That is because DEI recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
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Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, Inc.DEI has been struggling lately, but the selling pressure may be coming to an end soon. That is because DEI recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
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Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, Inc.DEI has been struggling lately, but the selling pressure may be coming to an end soon. That is because DEI recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
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Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. Douglas Emmett, Inc.DEI has been struggling lately, but the selling pressure may be coming to an end soon. That is because DEI recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
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53f43bfc-0e9b-48d9-8e37-d102a94d1d68
|
725045.0
|
2018-06-05 00:00:00 UTC
|
Top Buys by Directors: Simon Jr.'s $296.9K Bet on DEI
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DEI
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https://www.nasdaq.com/articles/top-buys-directors-simon-jrs-2969k-bet-dei-2018-06-05
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nan
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nan
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The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money - maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $296.9K by William E. Simon Jr., Director at Douglas Emmett Inc (Symbol: DEI).
Simon Jr.'s average cost works out to $38.55/share. Shares of Douglas Emmett Inc were changing hands at $38.88 at last check, trading up about 0.1% on Tuesday. 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.88.
The current annualized dividend paid by Douglas Emmett Inc is $1/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 06/28/2018. Below is a long-term dividend history chart for DEI, which can be of good help in judging whether the most recent dividend with approx. 2.6% annualized yield is likely to continue.
Click here to find out which other top insider buys by company directors you need to know about »
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 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.88. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $296.9K by William E. Simon Jr., Director at Douglas Emmett Inc (Symbol: DEI). Below is a long-term dividend history chart for DEI, which can be of good help in judging whether the most recent dividend with approx.
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So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $296.9K by William E. Simon Jr., Director at Douglas Emmett Inc (Symbol: DEI). 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.88. Below is a long-term dividend history chart for DEI, which can be of good help in judging whether the most recent dividend with approx.
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So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $296.9K by William E. Simon Jr., Director at Douglas Emmett Inc (Symbol: DEI). 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.88. Below is a long-term dividend history chart for DEI, which can be of good help in judging whether the most recent dividend with approx.
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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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.88. Below is a long-term dividend history chart for DEI, which can be of good help in judging whether the most recent dividend with approx. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $296.9K by William E. Simon Jr., Director at Douglas Emmett Inc (Symbol: DEI).
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a40cfdf0-74cd-46ca-8da6-130439d62c58
|
725046.0
|
2018-06-01 00:00:00 UTC
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Daily Dividend Report: LOW, WRB, RTN, LYB, DEI
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report-low-wrb-rtn-lyb-dei-2018-06-01
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nan
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nan
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Lowe's Companies announced that the board of directors has declared a 17 percent increase in its quarterly cash dividend to 48 cents per share, payable Aug. 8, 2018, to shareholders of record as of July 25, 2018.
W. R. Berkley Corporation ( WRB ) has voted to increase the cash dividend to an annual rate of 60 cents per share, representing a 7.1% increase from the present rate. The first quarterly dividend at the new rate of 15 cents per share will be paid on July 5, 2018 to stockholders of record at the close of business on June 15, 2018. In addition, the Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on June 18, 2018 to stockholders of record at the close of business on June 11, 2018.
Raytheon Company ( RTN ) has declared a quarterly cash dividend of $0.8675 per outstanding share of common stock. The cash dividend is payable on Aug. 2, 2018, to shareholders of record as of the close of business on July 11, 2018.
LyondellBasell ( LYB ), announced that it has declared a dividend of $1.00 per share, to be paid June 18, 2018 to shareholders of record June 11, 2018, with an ex-dividend date of June 8, 2018.
Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. The dividend will be paid on July 13, 2018 to shareholders of record as of June 29, 2018.
VIDEO: Daily Dividend Report: LOW, WRB, RTN, LYB, DEI
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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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. VIDEO: Daily Dividend Report: LOW, WRB, RTN, LYB, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Lowe's Companies announced that the board of directors has declared a 17 percent increase in its quarterly cash dividend to 48 cents per share, payable Aug. 8, 2018, to shareholders of record as of July 25, 2018.
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VIDEO: Daily Dividend Report: LOW, WRB, RTN, LYB, DEI 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 ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. Lowe's Companies announced that the board of directors has declared a 17 percent increase in its quarterly cash dividend to 48 cents per share, payable Aug. 8, 2018, to shareholders of record as of July 25, 2018.
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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. VIDEO: Daily Dividend Report: LOW, WRB, RTN, LYB, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Lowe's Companies announced that the board of directors has declared a 17 percent increase in its quarterly cash dividend to 48 cents per share, payable Aug. 8, 2018, to shareholders of record as of July 25, 2018.
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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.25, or $1.00 on an annualized basis. VIDEO: Daily Dividend Report: LOW, WRB, RTN, LYB, DEI The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Lowe's Companies announced that the board of directors has declared a 17 percent increase in its quarterly cash dividend to 48 cents per share, payable Aug. 8, 2018, to shareholders of record as of July 25, 2018.
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0f2a98f6-0d0f-4e6e-8d67-287dac2431a5
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725047.0
|
2018-05-30 00:00:00 UTC
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Bullish Two Hundred Day Moving Average Cross - DEI
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DEI
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https://www.nasdaq.com/articles/bullish-two-hundred-day-moving-average-cross-dei-2018-05-30
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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 $38.47, changing hands as high as $38.65 per share. Douglas Emmett Inc shares are currently trading up about 2% 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.46.
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
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 trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $38.47, changing hands as high as $38.65 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.46. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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 $38.47, changing hands as high as $38.65 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.46. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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 $38.47, changing hands as high as $38.65 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.46. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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 $38.47, changing hands as high as $38.65 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.46. Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average » 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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9694cc41-6c51-4bc1-94cd-946c0b79b3d1
|
725048.0
|
2018-05-04 00:00:00 UTC
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Bullish Two Hundred Day Moving Average Cross - DEI
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DEI
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https://www.nasdaq.com/articles/bullish-two-hundred-day-moving-average-cross-dei-2018-05-04
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nan
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nan
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $38.49, changing hands as high as $38.66 per share. Douglas Emmett Inc shares are currently trading up about 1.4% 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.55.
According to the ETF Finder at ETF Channel, DEI makes up 1.52% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 1.2% on the day Friday.
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
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 trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $38.49, changing hands as high as $38.66 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.55. According to the ETF Finder at ETF Channel, DEI makes up 1.52% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 1.2% on the day Friday.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $38.49, changing hands as high as $38.66 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.55. According to the ETF Finder at ETF Channel, DEI makes up 1.52% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 1.2% on the day Friday.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $38.49, changing hands as high as $38.66 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.55. According to the ETF Finder at ETF Channel, DEI makes up 1.52% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 1.2% on the day Friday.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $38.49, changing hands as high as $38.66 per share. According to the ETF Finder at ETF Channel, DEI makes up 1.52% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 1.2% on the day Friday. 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 $34.72 per share, with $41.59 as the 52 week high point - that compares with a last trade of $38.55.
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707cff98-e4e0-4a0b-9c0d-40dab38bbff7
|
725049.0
|
2018-03-27 00:00:00 UTC
|
Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for March 28, 2018
|
DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-march-28-2018-2018-03-27
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nan
|
nan
|
Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 28, 2018. A cash dividend payment of $0.25 per share is scheduled to be paid on April 17, 2018. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.7% increase over prior dividend payment.
The previous trading day's last sale of DEI was $35.95, representing a -13.56% decrease from the 52 week high of $41.59 and a 3.54% increase over the 52 week low of $34.72.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.57. Zacks Investment Research reports DEI's forecasted earnings growth in 2018 as 4.91%, compared to an industry average of 1.7%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to DEI through an Exchange Traded Fund [ETF]?
The following ETF(s) have DEI as a top-10 holding:
iShares Trust ( ICF ).
The top-performing ETF of this group is ICF with an decrease of -9.07% over the last 100 days. It also has the highest percent weighting of DEI at 1.33%.
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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DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports DEI's forecasted earnings growth in 2018 as 4.91%, compared to an industry average of 1.7%. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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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. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 28, 2018. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $35.95, representing a -13.56% decrease from the 52 week high of $41.59 and a 3.54% increase over the 52 week low of $34.72. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 28, 2018. The previous trading day's last sale of DEI was $35.95, representing a -13.56% decrease from the 52 week high of $41.59 and a 3.54% increase over the 52 week low of $34.72.
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4e2f725d-752a-4172-b4eb-cd36e9dd0f8b
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725050.0
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2018-02-13 00:00:00 UTC
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Analysts Predict 13% Upside For The Holdings of VTHR
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DEI
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https://www.nasdaq.com/articles/analysts-predict-13-upside-holdings-vthr-2018-02-13
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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 3000 ETF (Symbol: VTHR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $137.47 per unit.
With VTHR trading at a recent price near $121.63 per unit, that means that analysts see 13.03% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of VTHR's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), AECOM (Symbol: ACM), and Liberty Media Corp - Common Series C Braves Group (Symbol: BATRK). Although DEI has traded at a recent price of $35.99/share, the average analyst target is 17.81% higher at $42.40/share. Similarly, ACM has 16.99% upside from the recent share price of $34.94 if the average analyst target price of $40.88/share is reached, and analysts on average are expecting BATRK to reach a target price of $26.00/share, which is 15.20% above the recent price of $22.57. Below is a twelve month price history chart comparing the stock performance of DEI, ACM, and BATRK:
Below is a summary table of the current analyst target prices discussed above:
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 »
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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Although DEI has traded at a recent price of $35.99/share, the average analyst target is 17.81% higher at $42.40/share. Below is a twelve month price history chart comparing the stock performance of DEI, ACM, and BATRK: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of VTHR's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), AECOM (Symbol: ACM), and Liberty Media Corp - Common Series C Braves Group (Symbol: BATRK).
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Three of VTHR's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), AECOM (Symbol: ACM), and Liberty Media Corp - Common Series C Braves Group (Symbol: BATRK). Although DEI has traded at a recent price of $35.99/share, the average analyst target is 17.81% higher at $42.40/share. Below is a twelve month price history chart comparing the stock performance of DEI, ACM, and BATRK: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Below is a twelve month price history chart comparing the stock performance of DEI, ACM, and BATRK: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of VTHR's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), AECOM (Symbol: ACM), and Liberty Media Corp - Common Series C Braves Group (Symbol: BATRK). Although DEI has traded at a recent price of $35.99/share, the average analyst target is 17.81% higher at $42.40/share.
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Below is a twelve month price history chart comparing the stock performance of DEI, ACM, and BATRK: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of VTHR's underlying holdings with notable upside to their analyst target prices are Douglas Emmett Inc (Symbol: DEI), AECOM (Symbol: ACM), and Liberty Media Corp - Common Series C Braves Group (Symbol: BATRK). Although DEI has traded at a recent price of $35.99/share, the average analyst target is 17.81% higher at $42.40/share.
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3dd9dc11-0cde-445f-bdf1-6b6e201127b5
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725051.0
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2018-02-05 00:00:00 UTC
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Douglas Emmett Becomes Oversold
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-becomes-oversold-2018-02-05
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nan
|
nan
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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 Monday, shares of DEI entered into oversold territory, changing hands as low as $37.23 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 29.2 - by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 41.4. 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 1/share (currently paid in quarterly installments) works out to an annual yield of 2.66% based upon the recent $37.59 share price.
A bullish investor could look at DEI's 29.2 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.
According to the ETF Finder at ETF Channel, DEI makes up 1.26% of the iShares Cohen & Steers REIT ETF (Symbol: ICF) which is trading lower by about 0.1% on the day Monday.
Click here to find out what 9 other oversold dividend stocks you need to know about »
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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A bullish investor could look at DEI's 29.2 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 Monday, shares of DEI entered into oversold territory, changing hands as low as $37.23 per share.
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Indeed, DEI's recent annualized dividend of 1/share (currently paid in quarterly installments) works out to an annual yield of 2.66% based upon the recent $37.59 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 Monday, shares of DEI entered into oversold territory, changing hands as low as $37.23 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 Monday, shares of DEI entered into oversold territory, changing hands as low as $37.23 per share. Indeed, DEI's recent annualized dividend of 1/share (currently paid in quarterly installments) works out to an annual yield of 2.66% based upon the recent $37.59 share price.
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But making Douglas Emmett Inc an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of DEI entered into oversold territory, changing hands as low as $37.23 per share. Indeed, DEI's recent annualized dividend of 1/share (currently paid in quarterly installments) works out to an annual yield of 2.66% based upon the recent $37.59 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.
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31c0c308-b166-4dfd-8713-ad3273d1a949
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725052.0
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2017-12-28 00:00:00 UTC
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The Zacks Analyst Blog Highlights: STORE Capital, Monmouth Real Estate Investment, Douglas Emmett, W.P. Carey and Chesapeake Lodging Trust
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DEI
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-store-capital-monmouth-real-estate-investment-douglas
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nan
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nan
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For Immediate Release
Chicago, IL - Dec 28, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include STORE Capital Corporation STOR , Monmouth Real Estate Investment Corporation MNR , Douglas Emmett DEI , W.P. Carey WPC and Chesapeake Lodging Trust CHSP .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Wednesday's Analyst Blog:
5 Soaring REIT Stocks That Might Lose Steam in 2018
The rising interest-rate environment and an aging real estate cycle have taken a toll on the performance of real estate investment trusts (REIT) in 2017. In fact, since the beginning of the year through Dec 22, 2017, the industry has underperformed the broader market, as indicated by the FTSE/NAREIT All REITs Index's total return of 7.7% over this time frame versus the S&P 500's 22.2% gain.
In addition, the Fed's recent decision to hike benchmark interest rates by a quarter point to a target range of 1.25-1.5% along with the tax reforms remain the biggest near-term challenges for REITs heading into 2018. Since REITs are heavily dependent on debt for acquisitions, development and redevelopment, higher interest rates raise the debt-financing costs and impact the profitability from such endeavors. Also, since REITs are seen as bond substitutes, amid a rising rate environment, dividend paid to investors might appear less attractive.
Furthermore, with corporate taxes being significantly slashed, the valuation premium, which REITs previously enjoyed on account of tax advantages, shrinks. Specifically, lower taxes are anticipated to accelerate earnings growth for the broader markets but the same might not be beneficial for REITs.
Also, the increased risk appetite of investors highlights that capital will not be flowing in this defensive sector. This, along with the skinny earnings growth rates for REITs, will likely put the sector at a comparative disadvantage in the year to come.
Although some stocks gained in 2017, on the back of robust fundamentals and/or improving outlook of individual asset categories, the above-mentioned factors are expected to impede growth in 2018.
In order to identify these stocks, we have created a three-faceted screen. First of all, we picked stocks that have gained more than 2% in the year-to-date (YTD) period.
Next, we considered companies with market capitalization of more than $1 billion.
Finally, we have picked stocks that carry a Zacks Rank #4 (Sell) or 5 (Strong Sell).
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Here are stocks that made it through the screen:
STORE Capital Corporation : This Maryland-based REIT is engaged in the acquisition, investment and management of Single Tenant Operational Real Estate (STORE properties). It acquires STORE properties from operators and renting it back to them, through a long-term lease. This enables operators to avoid incurring debt to finance the real estate.
Market Cap: $4.9 billion
Zacks Rank: 4
Price Performance (YTD): 4.2%.
With interest rates moving north, this REIT will be at risk in 2018, due to its significant exposure to long-term leased assets, which carry fixed rental rates. As a result, as interest rate flares up, the cost of borrowing will escalate accordingly, while revenue flows will not get adjusted quickly due to the fixed-rate nature, leading to an adverse impact on profitability. Amid these, the Zacks Consensus Estimate for funds from operations (FFO) per share for full-year 2018 has been revised downward by a cent in a month's time.
(Looking for the Best Stocks for 2018? Be among the first to see our Top Ten Stocks for 2018 portfolio here .)
Monmouth Real Estate Investment Corporation : This industrial REIT focuses on modern, single tenant, industrial buildings in prime locations, leased primarily to investment-grade tenants or their subsidiaries.
Market Cap: $1.3 billion
Zacks Rank: 4
Price Performance (YTD): 15.2%.
The e-commerce boom has helped the industrial real estate market to grow and consequently industrial REITs have been enjoying high absorption and occupancies. Nevertheless, with occupancies already at an all-time high, further growth in this measure is unlikely.
Moreover, the company has high exposure to debt with a debt-to-equity ratio higher than the industry's average. The recent interest-rate hike is anticipated to have an adverse impact on this REIT. Also, the Zacks Consensus Estimate for FFO per share for fiscal2018 has moved down 2.2% over the past month.
Douglas Emmett : This REIT owns and operates Class A office properties as well as multi-family apartment units in the premier coastal submarkets of Los Angeles and Honolulu.
Market Cap: $8 billion
Zacks Rank: 4
Price Performance (YTD): 12.2%.
Oversupply remains the largest potential risk to this REIT.In fact, a whole lot of office and apartment properties are slated for delivery in the first half of 2018 as delayed construction activities have pushed their completion dates from 2017. This elevated supplyis likely to heighten competition, result in aggressive rental concessions and moderate pricing power. Moreover, office-using employment growth has moderated across various markets, limiting growth potential for 2018. Also, the Zacks Consensus Estimate for 2018 FFO per share has been revised downward by a cent in the last month.
W.P. Carey : This New York-based REIT is engaged in providing long-term sale-leaseback and build-to-suit financing to companies. The firm primarily invests in commercial properties that are generally triple-net leased to single corporate tenants, including office, warehouse, industrial, logistics, retail, hotel, R&D, and self-storage properties.
Market Cap: $7.4 billion
Zacks Rank: 4
Price Performance (YTD): 17.1%
We are skeptical about the impact of rising interest rates, given the company's exposure to long-term leased assets as well as a high-debt financial structure. Also, since its properties are leased to corporate tenants, which include offices, we anticipate that the new supply in the coming year will put the company's performance to test.
Chesapeake Lodging Trust : This REIT is a self-advised hotel investment company focused on investments in upscale hotels in business, airport, convention markets, and select-service hotels at urban settings or locations in the United States.
Market Cap: $1.6 billion
Zacks Rank: 4
Price Performance (YTD): 6.3%
The company remains focused to overhaul its hotels in a bid to boost revenue per available room (RevPAR). However, it is selling non-core assets to meet the capital requirements for this extensive redevelopment pipeline. This is expected to dilute the company's 2018 earnings. Further, amid a rising interest-rate scenario, access to cheap debt will remain a challenge.
Note: All EPS numbers presented in this write up represent funds from operations (FFO) per share. FFO, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free .
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 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.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
STORE Capital Corporation (STOR): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
W.P. Carey Inc. (WPC): Free Stock Analysis Report
Chesapeake Lodging Trust (CHSP): Free Stock Analysis Report
Monmouth Real Estate Investment Corporation (MNR): 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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Stocks recently featured in the blog include STORE Capital Corporation STOR , Monmouth Real Estate Investment Corporation MNR , Douglas Emmett DEI , W.P. Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. In addition, the Fed's recent decision to hike benchmark interest rates by a quarter point to a target range of 1.25-1.5% along with the tax reforms remain the biggest near-term challenges for REITs heading into 2018.
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Stocks recently featured in the blog include STORE Capital Corporation STOR , Monmouth Real Estate Investment Corporation MNR , Douglas Emmett DEI , W.P. Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. Carey Inc. (WPC): Free Stock Analysis Report Chesapeake Lodging Trust (CHSP): Free Stock Analysis Report Monmouth Real Estate Investment Corporation (MNR): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. Stocks recently featured in the blog include STORE Capital Corporation STOR , Monmouth Real Estate Investment Corporation MNR , Douglas Emmett DEI , W.P. Here are highlights from Wednesday's Analyst Blog: 5 Soaring REIT Stocks That Might Lose Steam in 2018 The rising interest-rate environment and an aging real estate cycle have taken a toll on the performance of real estate investment trusts (REIT) in 2017.
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Stocks recently featured in the blog include STORE Capital Corporation STOR , Monmouth Real Estate Investment Corporation MNR , Douglas Emmett DEI , W.P. Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
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571bc875-8aed-4eae-a2c9-5dec4aa4c404
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725053.0
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2017-12-27 00:00:00 UTC
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5 Soaring REIT Stocks That Might Lose Steam in 2018
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DEI
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https://www.nasdaq.com/articles/5-soaring-reit-stocks-that-might-lose-steam-in-2018-2017-12-27
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nan
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nan
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The rising interest-rate environment and an aging real estate cycle have taken a toll on the performance of real estate investment trusts (REIT) in 2017. In fact, since the beginning of the year through Dec 22, 2017, the industry has underperformed the broader market, as indicated by the FTSE/NAREIT All REITs Index's total return of 7.7% over this time frame versus the S&P 500's 22.2% gain.
In addition, the Fed's recent decision to hike benchmark interest rates by a quarter point to a target range of 1.25-1.5% along with the tax reforms remain the biggest near-term challenges for REITs heading into 2018. Since REITs are heavily dependent on debt for acquisitions, development and redevelopment, higher interest rates raise the debt-financing costs and impact the profitability from such endeavors. Also, since REITs are seen as bond substitutes, amid a rising rate environment, dividend paid to investors might appear less attractive.
Furthermore, with corporate taxes being significantly slashed, the valuation premium, which REITs previously enjoyed on account of tax advantages, shrinks. Specifically, lower taxes are anticipated to accelerate earnings growth for the broader markets but the same might not be beneficial for REITs.
Also, the increased risk appetite of investors highlights that capital will not be flowing in this defensive sector. This, along with the skinny earnings growth rates for REITs, will likely put the sector at a comparative disadvantage in the year to come.
Although some stocks gained in 2017, on the back of robust fundamentals and/or improving outlook of individual asset categories, the above-mentioned factors are expected to impede growth in 2018.
In order to identify these stocks, we have created a three-faceted screen. First of all, we picked stocks that have gained more than 2% in the year-to-date (YTD) period.
Next, we considered companies with market capitalization of more than $1 billion.
Finally, we have picked stocks that carry a Zacks Rank #4 (Sell) or 5 (Strong Sell).
You can seethe complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Here are stocks that made it through the screen:
STORE Capital CorporationSTOR : This Maryland-based REIT is engaged in the acquisition, investment and management of Single Tenant Operational Real Estate (STORE properties). It acquires STORE properties from operators and renting it back to them, through a long-term lease. This enables operators to avoid incurring debt to finance the real estate.
Market Cap: $4.9 billion
Zacks Rank: 4
Price Performance (YTD): 4.2%.
With interest rates moving north, this REIT will be at risk in 2018, due to its significant exposure to long-term leased assets, which carry fixed rental rates. As a result, as interest rate flares up, the cost of borrowing will escalate accordingly, while revenue flows will not get adjusted quickly due to the fixed-rate nature, leading to an adverse impact on profitability. Amid these, the Zacks Consensus Estimate for funds from operations (FFO) per share for full-year 2018 has been revised downward by a cent in a month's time.
(Looking for the Best Stocks for 2018? Be among the first to see our Top Ten Stocks for 2018 portfolio here .)
Monmouth Real Estate Investment CorporationMNR : This industrial REIT focuses on modern, single tenant, industrial buildings in prime locations, leased primarily to investment-grade tenants or their subsidiaries.
Market Cap: $1.3 billion
Zacks Rank: 4
Price Performance (YTD): 15.2%.
The e-commerce boom has helped the industrial real estate market to grow and consequently industrial REITs have been enjoying high absorption and occupancies. Nevertheless, with occupancies already at an all-time high, further growth in this measure is unlikely.
Moreover, the company has high exposure to debt with a debt-to-equity ratio higher than the industry's average. The recent interest-rate hike is anticipated to have an adverse impact on this REIT. Also, the Zacks Consensus Estimate for FFO per share for fiscal2018 has moved down 2.2% over the past month.
Douglas EmmettDEI : This REIT owns and operates Class A office properties as well as multi-family apartment units in the premier coastal submarkets of Los Angeles and Honolulu.
Market Cap: $8 billion
Zacks Rank: 4
Price Performance (YTD): 12.2%.
Oversupply remains the largest potential risk to this REIT.In fact, a whole lot of office and apartment properties are slated for delivery in the first half of 2018 as delayed construction activities have pushed their completion dates from 2017. This elevated supplyis likely to heighten competition, result in aggressive rental concessions and moderate pricing power. Moreover, office-using employment growth has moderated across various markets, limiting growth potential for 2018. Also, the Zacks Consensus Estimate for 2018 FFO per share has been revised downward by a cent in the last month.
W.P. CareyWPC : This New York-based REIT is engaged in providing long-term sale-leaseback and build-to-suit financing to companies. The firm primarily invests in commercial properties that are generally triple-net leased to single corporate tenants, including office, warehouse, industrial, logistics, retail, hotel, R&D, and self-storage properties.
Market Cap: $7.4 billion
Zacks Rank: 4
Price Performance (YTD): 17.1%
We are skeptical about the impact of rising interest rates, given the company's exposure to long-term leased assets as well as a high-debt financial structure. Also, since its properties are leased to corporate tenants, which include offices, we anticipate that the new supply in the coming year will put the company's performance to test.
Chesapeake Lodging TrustCHSP : This REIT is a self-advised hotel investment company focused on investments in upscale hotels in business, airport, convention markets, and select-service hotels at urban settings or locations in the United States.
Market Cap: $1.6 billion
Zacks Rank: 4
Price Performance (YTD): 6.3%
The company remains focused to overhaul its hotels in a bid to boost revenue per available room (RevPAR). However, it is selling non-core assets to meet the capital requirements for this extensive redevelopment pipeline. This is expected to dilute the company's 2018 earnings. Further, amid a rising interest-rate scenario, access to cheap debt will remain a challenge.
Note: All EPS numbers presented in this write up represent funds from operations (FFO) per share. FFO, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
STORE Capital Corporation (STOR): Free Stock Analysis Report
Douglas Emmett, Inc. (DEI): Free Stock Analysis Report
W.P. Carey Inc. (WPC): Free Stock Analysis Report
Chesapeake Lodging Trust (CHSP): Free Stock Analysis Report
Monmouth Real Estate Investment Corporation (MNR): 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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Douglas EmmettDEI : This REIT owns and operates Class A office properties as well as multi-family apartment units in the premier coastal submarkets of Los Angeles and Honolulu. Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. In addition, the Fed's recent decision to hike benchmark interest rates by a quarter point to a target range of 1.25-1.5% along with the tax reforms remain the biggest near-term challenges for REITs heading into 2018.
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Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. Douglas EmmettDEI : This REIT owns and operates Class A office properties as well as multi-family apartment units in the premier coastal submarkets of Los Angeles and Honolulu. Market Cap: $1.6 billion Zacks Rank: 4 Price Performance (YTD): 6.3% The company remains focused to overhaul its hotels in a bid to boost revenue per available room (RevPAR).
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Douglas EmmettDEI : This REIT owns and operates Class A office properties as well as multi-family apartment units in the premier coastal submarkets of Los Angeles and Honolulu. Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. Here are stocks that made it through the screen: STORE Capital CorporationSTOR : This Maryland-based REIT is engaged in the acquisition, investment and management of Single Tenant Operational Real Estate (STORE properties).
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Douglas EmmettDEI : This REIT owns and operates Class A office properties as well as multi-family apartment units in the premier coastal submarkets of Los Angeles and Honolulu. Click to get this free report STORE Capital Corporation (STOR): Free Stock Analysis Report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report W.P. Specifically, lower taxes are anticipated to accelerate earnings growth for the broader markets but the same might not be beneficial for REITs.
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631fcd7a-af36-4be2-a84f-000050a63e11
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725054.0
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2017-12-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for December 28, 2017
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-december-28-2017-2017-12-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2017. A cash dividend payment of $0.25 per share is scheduled to be paid on January 15, 2018. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.7% increase over prior dividend payment. At the current stock price of $41.03, the dividend yield is 2.44%.
The previous trading day's last sale of DEI was $41.03, representing a -1.35% decrease from the 52 week high of $41.59 and a 16.13% increase over the 52 week low of $35.33.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.53. Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 4.77%, compared to an industry average of -.5%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 4.77%, compared to an industry average of -.5%. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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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. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $41.03, representing a -1.35% decrease from the 52 week high of $41.59 and a 16.13% increase over the 52 week low of $35.33. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI's current earnings per share, an indicator of a company's profitability, is $.53. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2017.
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7da89856-cf9b-41cf-b11f-40c92c283a0d
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725055.0
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2017-12-19 00:00:00 UTC
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First Week of DEI February 2018 Options Trading
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DEI
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https://www.nasdaq.com/articles/first-week-dei-february-2018-options-trading-2017-12-19
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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 February 2018 expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new February 2018 contracts and identified the following put contract of particular interest.
The put contract at the $40.00 strike price has a current bid of 40 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $40.00, but will also collect the premium, putting the cost basis of the shares at $39.60 (before broker commissions). To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $41.28/share today.
Because the $40.00 strike represents an approximate 3% 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 70%. 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 6.19% 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 $40.00 strike is located relative to that history:
The implied volatility in the put contract example above is 15%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 253 trading day closing values as well as today's price of $41.28) to be 14%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Puts of the REITs »
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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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the February 2018 expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new February 2018 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 $41.28/share today.
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Investors in Douglas Emmett Inc (Symbol: DEI) saw new options become available this week, for the February 2018 expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DEI options chain for the new February 2018 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 $41.28/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 February 2018 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 February 2018 expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $41.28/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 February 2018 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 February 2018 expiration. To an investor already interested in purchasing shares of DEI, that could represent an attractive alternative to paying $41.28/share today.
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016bec66-4dc4-4029-a9e2-54e6e3c6886a
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725056.0
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2017-11-20 00:00:00 UTC
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9 REITs Ready to Raise Their Payouts This December
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DEI
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https://www.nasdaq.com/articles/9-reits-ready-to-raise-their-payouts-this-december-2017-11-20
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
"First-level" investors - those who buy and sell on headlines - mistakenly believe that real estate investment trust (REIT) profits will suffer if rates rise.
They're wrong. And today, we'll highlight nine REITs that are "raising their rents" as rates rise. As their tenants pay more, these firms will in turn pay their shareholders more in dividends.
Which means their share prices will follow suit, and move higher, too.
Sure, in the short run, the "rates up, REITs down" theory puts on quite the show. When the 10-Year Treasury's yield rises, REITs usually fall. And when its yield drops, REITs usually rally. This inverse relationship tends to hold up over multiple days, weeks and even months:
A Short-Run Seesaw Between REITs and T-Bill Yields
The theory backing up this price action says that, because REITs borrow money to grow their property empires, they need cheap cash. Yet this isn't a "must have" criterion for all such landlords. If their costs increase, they can simply raise the rents when the lease is up for renewal, passing on their higher borrowing costs to tenants.
The 8 Most Undervalued Tech Stocks That Protect Your Data
For example, let's look at a three-year period starting in May 2003 when the 10-year rate climbed two full basis points - from 3.2% to 5.2%. Based on recent REIT price action, you'd expect most firms would be out of business!
But blue chips such as mall operator Simon Property Group Inc (NYSE: SPG ) and self-storage stalwart Public Storage (NYSE: PSA ) not only survived the rate increases - they thrived:
The Best REITs ClimbedWithRates
Why? Because rising rates signaled a booming economy - one in which these firms had no problem raising their rents. Both boosted dividends while investors in each stock enjoyed 129% total returns over the three-year period!
9 REITs That Will Thrive This Rate Hike Cycle
Firms having no problem issuing rent increases today are easy to spot. They report higher and higher funds from operations (FFO) year after year, which finds its way back to shareholders in the form of an ever-rising dividend.
Here are 9 REITs likely to boost their dividends this December:
Douglas Emmett, Inc. (DEI)
Dividend Yield: 2.3%
Office and apartment property owner Douglas Emmett, Inc. (NYSE: DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher.
6 Top-Ranked Tech ETFs to Buy on Facebook's Robust Q3
Douglas Emmett is a REIT that manages to be diverse and targeted at the same time, investing in both Class A office space as well as apartment communities … but only doing so in Los Angeles and Honolulu. The lure? "Small, affluent tenants, whose rent can be a small portion of their revenues and thus not the paramount factor in their leasing decision." In short, no one's going to sweat premium pricing.
Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend. Douglas Emmett typically announces its increase early on in the month, and if it's anything like the past few years, it should be a lift of a penny per share.
Douglas Emmett's (DEI) Stock Is Racing Against Its Payout
REITs likely to boost their dividends this December: DuPont Fabros Technology, Inc. (DFT)
Dividend Yield: 3%
If DuPont Fabros Technology, Inc. (NYSE: DFT ) - one of several REITs that owns and operates data centers - didn't touch its dividend this year, investors would be surprised, but they'd have little room for complaint. That's because DFT has run up more than 50% this year, outdoing the Vanguard REIT Index Fund (NYSEARCA: VNQ ), every other sector and the broader market.
It has been a good year.
5 ETFs to Watch as Tesla (TSLA) Tanks on Big Loss, Model 3 Delays
But don't expect DuPont Fabros to go Grinchy on shareholders. DFT has been more than generous over the past few years, jacking up its payout by 150% since 2012. It's also growing funds from operations (FFO, an important metric for REITs that helps investors determine the stability of the dividend) by a double-digit rate, so it has the resources. Look for that announcement to come within the first few days of December.
REITs likely to boost their dividends this December: Mid-America Apartment Communities Inc (MAA)
Dividend Yield: 3.4%
A pattern you don't often see - but that you should relish when you get the chance - is when a company's dividend growth accelerates over time. Much more often than not, corporate boards will start to cap their payout hikes as the dividend becomes an increasingly large percentage of their earnings and cash flow. But when a company has a few breakout years, management can take the governor off the payout.
4 REITs to Buy Before December 13th - and 45 to Avoid
That's the case with Mid-America Apartment Communities Inc (NYSE: MAA ), an apartment-focused REIT that primarily operates in the southern and southeastern United States, as well as around the District of Columbia. While the REIT isn't growing its dividend by leaps and bounds, the rate of growth has picked up pace over the past few years.
Another strong year could mean a more significant boost in the payout. Look for the company's next dividend increase very early in December.
Mid-America Apartment Communities' (MAA) Dividend Gets Legs
REITs likely to boost their dividends this December: Universal Health Realty Income Trust (UHT)
Dividend Yield: 3.6%
Universal Health Realty Income Trust (NYSE: UHT ), as the name implies, specializes in healthcare-related facilities - medical office buildings make up 76% of its properties, with another 15% in acute care hospitals and the rest peppered among several other types.
4 High Earnings Yield Stocks to Improve Your Portfolio
The REIT is having a good but not great 2017, up about 12% year-to-date, with net income and funds from operations creeping up year-over-year. That should result in a continuation of its modest and irregular dividend increase schedule. UHT typically offers up two distribution hikes every year - one announced in June, and another traditionally offered up in the first few days of December.
REITs likely to boost their dividends this December: CubeSmart (CUBE)
Dividend Yield: 4%
Self-storage REITs such as CubeSmart (NYSE: CUBE ) have had a rough time since 2016 as sky-high valuations finally caught up with the industry, resulting in a year-plus selloff. However, this group is starting to get its mojo again , and CUBE is waving the banner with a 12% gain over the past three months.
CubeSmart has delivered outstanding operational performance in 2017, including year-over-year FFO improvements ranging from high single digits to low double digits across its three reported quarters.
Coming up next? A dividend increase - one that should be announced sometime mid-month. And given outstanding payout growth of 145% over the past five years, investors can expect more than just a token step up.
CubeSmart (CUBE) Gets Into the Giving Season
REITs likely to boost their dividends this December: Urstadt Biddle Properties Inc (UBA)
Dividend Yield: 4.9%
Urstadt Biddle Properties Inc (NYSE: UBA ) has been a lot more fun to say than it has been to own in 2017, with shares off about 10%. You shouldn't need many chances to guess what type of properties it owns.
Value ETFs and Stocks to Buy on Tax Cut Delay Concerns
Yes, Urstadt Biddle is a retail REIT - one that owns shopping centers primarily outside New York City. To its credit, it has actually been growing in key metrics such as FFO this year, but occupancy has been a trouble spot, dipping every quarter so far in 2017.
A little relief is likely coming in the middle of December, when the company should dole out a small improvement to its quarterly payout.
REITs likely to boost their dividends this December: Hannon Armstrong (HASI)
Dividend Yield: 5.5%
Hannon Armstrong (NYSE: HASI ) isn't your garden-variety REIT, but considering that has resulted in returns that are far from garden-variety … I'm sure no one minds.
HASI invests in sustainable infrastructure - things like solar and wind farms. But it also helps make buildings more energy-efficient by making improvements to things such as air conditioning systems and insulation.
This is an under-the-radar growth dynamo that more than tripled its revenues between 2013 and 2016. Shares have mostly followed suit, jumping 115% since its first day of trading in 2013.
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The dividend? Well, there's clearly not much history there given its IPO was just a few years ago, but its 33-cent payout is 50% better than it was in its first full year of distributions. Another hike should come sometime in mid-December.
Hannon Armstrong (HASI) Is Heading Up, Up, Up!
REITs likely to boost their dividends this December: W.P. Carey Inc. REIT (WPC)
Dividend Yield: 5.9%
W.P. Carey Inc. REIT (NYSE: WPC ) isn't exclusively a wintertime dividend-raiser - it has something extra to offer investors every season. That's right: Since 2001, every single quarterly payout from this REIT has been larger than the last.
So, what does it do?
3 Internet of Things Stocks to Buy Now
WPC leases out business space to individual tenants under triple-net lease agreements - instead of paying things like property taxes and building insurance, it pushes those responsibilities on tenants in exchange for more predictable and cheaper rents. And W.P. Carey is pretty diversified across its 895 properties, with its largest industry type (retail) only making up 17% of the portfolio, and a wide range of other properties including automotive (8%), construction (5%) and warehouses (2%).
WPC has increased its payout for 18 consecutive years, and should make it 19 sometime in the middle of the month.
REITs likely to boost their dividends this December: Spirit Realty Capital, Inc (SRC)
Dividend Yield: 8.6%
Spirit Realty Capital, Inc (NYSE: SRC ) is another triple-net lease REIT, but as the 23% year-to-date losses might indicate, it's one that's positioned smack-dab in the middle of the reeling retail industry.
Spirit Realty also leases out to single tenants - 431 of them at the moment, in fact - across 49 states. Its tenants include the likes of Walgreens Boots Alliance Inc (NASDAQ: WBA ), AMC Entertainment Holdings Inc (NYSE: AMC ) theaters and Church's Chicken franchisor Cajun Global LLC.
3 Tech Stocks Under $10 to Buy Now
SRC shares took a massive hit in May after reporting an "abnormally high credit loss" and downgrading its adjusted funds from operations guidance from 89-91 cents per share to 80-84 cents. Moreover, the company in August announced plans for a spinoff of certain assets, including properties leased to retailer Shopko, to be completed sometime in the first half of 2018. So there's a lot of noise surrounding this REIT.
However, Spirit Realty still should deliver a little extra oomph to its payout in December … likely a couple weeks into the month. That'll only help fatten an already juicy yield of nearly 9%.
Buy These Recession Proof REITs: 2 Plays With 7.6%+ Yields and 25% Upside
One of my top REIT buys right now recently raised its dividend again by 4% over last quarter's payout . This marks the 21st consecutive quarterly dividend hike for the firm:
Dividend HikesEvery Quarter
It pays an 8.1% yield today - but that's actually an 8.5% forward yield when you consider we're going to see four more dividend increases over the next year. And the stock is trading for less than 10-times funds from operations (FFO). Pretty cheap.
However I expect its valuation and stock price will rise by 20% over the next 12 months as more money comes stampeding into its REIT sector - which makes right now the best time to buy and secure an 8.5% forward yield.
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Same for another REIT favorite of mine, a 7.6% payer backed by an unstoppable demographic trend that will deliver growing dividends for the next 30 years.
The firm's investors have enjoyed 86% total returns over the last five years (with much of that coming back as cash dividends.) And right now is actually a better time than ever to buy because its growing base of assets is generating higher and higher cash flows, powering an accelerating dividend:
AnAcceleratingDividend
This stock should be owned by any serious dividend investor for three simple reasons:
It's recession-proof,
It yields a fat (and secure) 7.6%, and
Its dividend increases are actually accelerating.
These two REITs are both "best buys" in my 8%No Withdrawal Portfolio - an 8% dividend paying portfolio that lets retirees live on secure payouts alone. And they can even enjoy price upside to boot, thanks to the bargain prices they're buying at.
Now, as active recommendations for my premium subscribers, it wouldn't be fair to reveal their names here.
But I would like to send you a free copy of my latest special report, Recession Proof REITs: 2 Plays With 7.6%+ Yields and 25% Upside , with all the details.
It includes the names, tickers and exact buy advice on how to start profiting right now.
Please click here to download a copy of my REIT report now.
The post 9 REITs Ready to Raise Their Payouts This December appeared first on InvestorPlace .
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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Here are 9 REITs likely to boost their dividends this December: Douglas Emmett, Inc. (DEI) Dividend Yield: 2.3% Office and apartment property owner Douglas Emmett, Inc. (NYSE: DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher. Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend. Douglas Emmett's (DEI) Stock Is Racing Against Its Payout REITs likely to boost their dividends this December: DuPont Fabros Technology, Inc. (DFT) Dividend Yield: 3% If DuPont Fabros Technology, Inc. (NYSE: DFT ) - one of several REITs that owns and operates data centers - didn't touch its dividend this year, investors would be surprised, but they'd have little room for complaint.
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Douglas Emmett's (DEI) Stock Is Racing Against Its Payout REITs likely to boost their dividends this December: DuPont Fabros Technology, Inc. (DFT) Dividend Yield: 3% If DuPont Fabros Technology, Inc. (NYSE: DFT ) - one of several REITs that owns and operates data centers - didn't touch its dividend this year, investors would be surprised, but they'd have little room for complaint. Here are 9 REITs likely to boost their dividends this December: Douglas Emmett, Inc. (DEI) Dividend Yield: 2.3% Office and apartment property owner Douglas Emmett, Inc. (NYSE: DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher. Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend.
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Here are 9 REITs likely to boost their dividends this December: Douglas Emmett, Inc. (DEI) Dividend Yield: 2.3% Office and apartment property owner Douglas Emmett, Inc. (NYSE: DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher. Douglas Emmett's (DEI) Stock Is Racing Against Its Payout REITs likely to boost their dividends this December: DuPont Fabros Technology, Inc. (DFT) Dividend Yield: 3% If DuPont Fabros Technology, Inc. (NYSE: DFT ) - one of several REITs that owns and operates data centers - didn't touch its dividend this year, investors would be surprised, but they'd have little room for complaint. Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend.
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Here are 9 REITs likely to boost their dividends this December: Douglas Emmett, Inc. (DEI) Dividend Yield: 2.3% Office and apartment property owner Douglas Emmett, Inc. (NYSE: DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher. Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend. Douglas Emmett's (DEI) Stock Is Racing Against Its Payout REITs likely to boost their dividends this December: DuPont Fabros Technology, Inc. (DFT) Dividend Yield: 3% If DuPont Fabros Technology, Inc. (NYSE: DFT ) - one of several REITs that owns and operates data centers - didn't touch its dividend this year, investors would be surprised, but they'd have little room for complaint.
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41e492f0-14e0-4cb5-be0d-cba758ecd190
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725057.0
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2017-11-08 00:00:00 UTC
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9 REITs Ready to Raise Their Payouts This December
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DEI
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https://www.nasdaq.com/articles/9-reits-ready-raise-their-payouts-december-2017-11-08
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nan
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nan
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By Brett Owens
"First-level" investors - those who buy and sell on headlines - mistakenly believe that real estate investment trust (REIT) profits will suffer if rates rise.
They're wrong. And today, we'll highlight nine REITs that are "raising their rents" as rates rise. As their tenants pay more, these firms will in turn pay their shareholders more in dividends.
Which means their share prices will follow suit, and move higher, too.
Sure, in the short run, the "rates up, REITs down" theory puts on quite the show. When the 10-Year Treasury's yield rises, REITs usually fall. And when its yield drops, REITs usually rally. This inverse relationship tends to hold up over multiple days, weeks and even months:
A Short-Run Seesaw Between REITs and T-Bill Yields
The theory backing up this price action says that, because REITs borrow money to grow their property empires, they need cheap cash. Yet this isn't a "must have" criterion for all such landlords. If their costs increase, they can simply raise the rents when the lease is up for renewal, passing on their higher borrowing costs to tenants.
For example, let's look at a three-year period starting in May 2003 when the 10-year rate climbed two full basis points - from 3.2% to 5.2%. Based on recent REIT price action, you'd expect most firms would be out of business!
But blue chips such as mall operator Simon Property Group ( SPG ) and self-storage stalwart Public Storage ( PSA ) not only survived the rate increases - they thrived:
The Best REITs ClimbedWithRates
9 REITs That Will Thrive This Rate Hike Cycle
Firms having no problem issuing rent increases today are easy to spot. They report higher and higher funds from operations (FFO) year after year, which finds its way back to shareholders in the form of an ever-rising dividend.
Here are 9 REITs likely to boost their dividends this December:
Douglas Emmett ( DEI )
Dividend Yield: 2.
Office and apartment property owner Douglas Emmett ( DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher.
Douglas Emmett is a REIT that manages to be diverse and targeted at the same time, investing in both Class A office space as well as apartment communities ... but only doing so in Los Angeles and Honolulu. The lure? "Small, affluent tenants, whose rent can be a small portion of their revenues and thus not the paramount factor in their leasing decision." In short, no one's going to sweat premium pricing.
Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend. Douglas Emmett typically announces its increase early on in the month, and if it's anything like the past few years, it should be a lift of a penny per share.
Douglas Emmett's ( DEI ) Stock Is Racing Against Its Payout
DuPont Fabros (DFT)
Dividend Yield:
If DuPont Fabros (DFT) - one of several REITs that owns and operates data centers - didn't touch its dividend this year, investors would be surprised, but they'd have little room for complaint. That's because DFT has run up more than 50% this year, outdoing the Vanguard REIT ETF ( VNQ ) , every other sector and the broader market.
It has been a good year.
But don't expect DuPont Fabros to go Grinchy on shareholders. DFT has been more than generous over the past few years, jacking up its payout by 150% since 2012. It's also growing funds from operations (FFO, an important metric for REITs that helps investors determine the stability of the dividend) by a double-digit rate, so it has the resources. Look for that announcement to come within the first few days of December.
Mid-America Apartment Communities ( MAA )
Dividend Yield: 3.4%
A pattern you don't often see - but that you should relish when you get the chance - is when a company's dividend growth accelerates over time. Much more often than not, corporate boards will start to cap their payout hikes as the dividend becomes an increasingly large percentage of their earnings and cash flow. But when a company has a few breakout years, management can take the governor off the payout.
That's the case with Mid-America Apartment Communities ( MAA ) , an apartment-focused REIT that primarily operates in the southern and southeastern United States, as well as around the District of Columbia. While the REIT isn't growing its dividend by leaps and bounds, the rate of growth has picked up pace over the past few years.
Another strong year could mean a more significant boost in the payout. Look for the company's next dividend increase very early in December.
Mid-America Apartment Communities' ( MAA ) Dividend Gets Legs
Universal Health Realty Income Trust (UHT)
Dividend Yield:
Universal Health Realty Income Trust (UHT) , as the name implies, specializes in healthcare-related facilities - medical office buildings make up 76% of its properties, with another 15% in acute care hospitals and the rest peppered among several other types.
The REIT is having a good but not great 2017, up about 12% year-to-date, with net income and funds from operations creeping up year-over-year. That should result in a continuation of its modest and irregular dividend increase schedule. UHT typically offers up two distribution hikes every year - one announced in June, and another traditionally offered up in the first few days of December.
CubeSmart (CUBE)
Dividend Yield: 4%
Self-storage REITs such as CubeSmart (CUBE) have had a rough time since 2016 as sky-high valuations finally caught up with the industry, resulting in a year-plus selloff. However, this group is starting to get its mojo again , and CUBE is waving the banner with a 12% gain over the past three months.
CubeSmart has delivered outstanding operational performance in 2017, including year-over-year FFO improvements ranging from high single digits to low double digits across its three reported quarters.
Coming up next? A dividend increase - one that should be announced sometime mid-month. And given outstanding payout growth of 145% over the past five years, investors can expect more than just a token step up.
CubeSmart (CUBE) Gets Into the Giving Season
Urstadt Biddle Properties (UBA)
Dividend Yield:
Urstadt Biddle Properties (UBA) has been a lot more fun to say than it has been to own in 2017, with shares off about 10%. You shouldn't need many chances to guess what type of properties it owns.
Yes, Urstadt Biddle is a retail REIT - one that owns shopping centers primarily outside New York City. To its credit, it has actually been growing in key metrics such as FFO this year, but occupancy has been a trouble spot, dipping every quarter so far in 2017.
A little relief is likely coming in the middle of December, when the company should dole out a small improvement to its quarterly payout.
Hannon Armstrong (HASI)
Dividend Yield: 5.5%
Hannon Armstrong (HASI) isn't your garden-variety REIT, but considering that has resulted in returns that are far from garden-variety ... I'm sure no one minds.
HASI invests in sustainable infrastructure - things like solar and wind farms. But it also helps make buildings more energy-efficient by making improvements to things such as air conditioning systems and insulation.
This is an under-the-radar growth dynamo that more than tripled its revenues between 2013 and 2016. Shares have mostly followed suit, jumping 115% since its first day of trading in 2013.
The dividend? Well, there's clearly not much history there given its IPO was just a few years ago, but its 33-cent payout is 50% better than it was in its first full year of distributions. Another hike should come sometime in mid-December.
Hannon Armstrong (HASI) Is Heading Up, Up, Up!
W.P. Carey (WPC)
Dividend Yield:
W.P. Carey (WPC) isn't exclusively a wintertime dividend-raiser - it has something extra to offer investors every season. That's right: Since 2001, every single quarterly payout from this REIT has been larger than the last.
So, what does it do?
WPC leases out business space to individual tenants under triple-net lease agreements - instead of paying things like property taxes and building insurance, it pushes those responsibilities on tenants in exchange for more predictable and cheaper rents. And W.P. Carey is pretty diversified across its 895 properties, with its largest industry type (retail) only making up 17% of the portfolio, and a wide range of other properties including automotive (8%), construction (5%) and warehouses (2%).
WPC has increased its payout for 18 consecutive years, and should make it 19 sometime in the middle of the month.
Spirit Realty Capital (SRC)
Dividend Yield: 8.6%
Spirit Realty Capital (SRC) is another triple-net lease REIT, but as the 2 year-to-date losses might indicate, it's one that's positioned smack-dab in the middle of the reeling retail industry.
Spirit Realty also leases out to single tenants - 431 of them at the moment, in fact - across 49 states. Its tenants include the likes of Walgreens (WBA) , AMC Entertainment (AMC) theaters and Church's Chicken franchisor Cajun Global LLC.
SRC shares took a massive hit in May after reporting an "abnormally high credit loss" and downgrading its adjusted funds from operations guidance from 89-91 cents per share to 80-84 cents. Moreover, the company in August announced plans for a spinoff of certain assets, including properties leased to retailer Shopko, to be completed sometime in the first half of 2018. So there's a lot of noise surrounding this REIT.
However, Spirit Realty still should deliver a little extra oomph to its payout in December ... likely a couple weeks into the month. That'll only help fatten an already juicy yield of nearly 9%.
Buy These Recession Proof REITs: 2 Plays With 7.6%+ Yields and 25% Upside
One of my top REIT buys right now recently raised its dividend again by 4% over last quarter's payout . This marks the 21st consecutive quarterly dividend hike for the firm:
Dividend HikesEvery Quarter
It pays an 8.1% yield today - but that's actually an 8.5% forward yield when you consider we're going to see four more dividend increases over the next year. And the stock is trading for less than 10-times funds from operations (FFO). Pretty cheap.
However I expect its valuation and stock price will rise by 20% over the next 12 months as more money comes stampeding into its REIT sector - which makes right now the best time to buy and secure an 8.5% forward yield.
Same for another REIT favorite of mine, a 7.6% payer backed by an unstoppable demographic trend that will deliver growing dividends for the next 30 years.
The firm's investors have enjoyed 86% total returns over the last five years (with much of that coming back as cash dividends.) And right now is actually a better time than ever to buy because its growing base of assets is generating higher and higher cash flows, powering an accelerating dividend:
AnAcceleratingDividend
This stock should be owned by any serious dividend investor for three simple reasons:
It's recession-proof,
It yields a fat (and secure) 7.6%, and
Its dividend increases are actually accelerating.
These two REITs are both "best buys" in my 8%No Withdrawal Portfolio - an 8% dividend paying portfolio that lets retirees live on secure payouts alone. And they can even enjoy price upside to boot, thanks to the bargain prices they're buying at.
Now, as active recommendations for my premium subscribers, it wouldn't be fair to reveal their names here.
But I would like to send you a free copy of my latest special report, Recession Proof REITs: 2 Plays With 7.6%+ Yields and 25% Upside , with all the details.
It includes the names, tickers and exact buy advice on how to start profiting right now.
Please click here to download a copy of my REIT report now.
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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Office and apartment property owner Douglas Emmett ( DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher. Here are 9 REITs likely to boost their dividends this December: Douglas Emmett ( DEI ) Dividend Yield: 2. Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend.
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Here are 9 REITs likely to boost their dividends this December: Douglas Emmett ( DEI ) Dividend Yield: 2. Office and apartment property owner Douglas Emmett ( DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher. Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend.
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Douglas Emmett's ( DEI ) Stock Is Racing Against Its Payout DuPont Fabros (DFT) Dividend Yield: If DuPont Fabros (DFT) - one of several REITs that owns and operates data centers - didn't touch its dividend this year, investors would be surprised, but they'd have little room for complaint. Here are 9 REITs likely to boost their dividends this December: Douglas Emmett ( DEI ) Dividend Yield: 2. Office and apartment property owner Douglas Emmett ( DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher.
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Here are 9 REITs likely to boost their dividends this December: Douglas Emmett ( DEI ) Dividend Yield: 2. Office and apartment property owner Douglas Emmett ( DEI ) is much like 3M in that it typically doesn't sport a high yield no matter how much it raises its payout - but that's mostly because the company's shares tend to follow the dividend higher. Shareholders hope DEI will double up on its 10% year-to-date performance with a year-end hike to the dividend.
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ca341c20-18c0-4768-8083-57d28d71a57d
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725058.0
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2017-10-16 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-2017-10-16
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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 $40.50, changing hands for $40.75/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 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 $35.00. And then on the other side of the spectrum one analyst has a target as high as $45.00. The standard deviation is $3.217.
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 $40.50/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $40.50 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:
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 »
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 recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $40.50, changing hands for $40.75/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 $40.50/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $40.50 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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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $40.50, changing hands for $40.75/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 $40.50/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $40.50 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 $40.50/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $40.50 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 $40.50, changing hands for $40.75/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 $40.50, changing hands for $40.75/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 $40.50/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $40.50 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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d1f1109d-e5df-4e95-a069-ea309447f0d0
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725059.0
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2017-09-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for September 28, 2017
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-september-28-2017-2017-09-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on September 28, 2017. A cash dividend payment of $0.23 per share is scheduled to be paid on October 13, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DEI has paid the same dividend. At the current stock price of $39.72, the dividend yield is 2.32%.
The previous trading day's last sale of DEI was $39.72, representing a -2.62% decrease from the 52 week high of $40.79 and a 17.58% increase over the 52 week low of $33.78.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.59. Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 5.28%, compared to an industry average of .1%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 5.28%, compared to an industry average of .1%.
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DEI's current earnings per share, an indicator of a company's profitability, is $.59. 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 ) will begin trading ex-dividend on September 28, 2017.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DEI has paid the same dividend. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on September 28, 2017. This marks the 4th quarter that DEI has paid the same dividend.
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7ca3addd-7f7f-4200-b43a-c257fd2ad0d3
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725060.0
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2017-09-26 00:00:00 UTC
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Ex-Dividend Reminder: Douglas Emmett, CyrusOne and Equity Lifestyle Properties
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder-douglas-emmett-cyrusone-and-equity-lifestyle-properties-2017-09-26
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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 9/28/17, Douglas Emmett Inc (Symbol: DEI), CyrusOne Inc (Symbol: CONE), and Equity Lifestyle Properties Inc (Symbol: ELS) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc will pay its quarterly dividend of $0.23 on 10/13/17, CyrusOne Inc will pay its quarterly dividend of $0.42 on 10/13/17, and Equity Lifestyle Properties Inc will pay its quarterly dividend of $0.4875 on 10/13/17. As a percentage of DEI's recent stock price of $39.30, this dividend works out to approximately 0.59%, so look for shares of Douglas Emmett Inc to trade 0.59% lower - all else being equal - when DEI shares open for trading on 9/28/17. Similarly, investors should look for CONE to open 0.72% lower in price and for ELS to open 0.57% lower, all else being equal.
Below are dividend history charts for DEI, CONE, and ELS, showing historical dividends prior to the most recent ones declared.
Douglas Emmett Inc (Symbol: DEI) :
CyrusOne Inc (Symbol: CONE) :
Equity Lifestyle Properties Inc (Symbol: ELS) :
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 2.34% for Douglas Emmett Inc, 2.87% for CyrusOne Inc, and 2.27% for Equity Lifestyle Properties Inc.
In Tuesday trading, Douglas Emmett Inc shares are currently up about 0.1%, CyrusOne Inc shares are off about 0.5%, and Equity Lifestyle Properties Inc shares are trading flat on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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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As a percentage of DEI's recent stock price of $39.30, this dividend works out to approximately 0.59%, so look for shares of Douglas Emmett Inc to trade 0.59% lower - all else being equal - when DEI shares open for trading on 9/28/17. Looking at the universe of stocks we cover at Dividend Channel , on 9/28/17, Douglas Emmett Inc (Symbol: DEI), CyrusOne Inc (Symbol: CONE), and Equity Lifestyle Properties Inc (Symbol: ELS) will all trade ex-dividend for their respective upcoming dividends. Below are dividend history charts for DEI, CONE, and ELS, 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 9/28/17, Douglas Emmett Inc (Symbol: DEI), CyrusOne Inc (Symbol: CONE), and Equity Lifestyle Properties Inc (Symbol: ELS) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc (Symbol: DEI) : CyrusOne Inc (Symbol: CONE) : Equity Lifestyle Properties Inc (Symbol: ELS) : 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 $39.30, this dividend works out to approximately 0.59%, so look for shares of Douglas Emmett Inc to trade 0.59% lower - all else being equal - when DEI shares open for trading on 9/28/17.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/28/17, Douglas Emmett Inc (Symbol: DEI), CyrusOne Inc (Symbol: CONE), and Equity Lifestyle Properties Inc (Symbol: ELS) will all trade ex-dividend for their respective upcoming dividends. Douglas Emmett Inc (Symbol: DEI) : CyrusOne Inc (Symbol: CONE) : Equity Lifestyle Properties Inc (Symbol: ELS) : 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 $39.30, this dividend works out to approximately 0.59%, so look for shares of Douglas Emmett Inc to trade 0.59% lower - all else being equal - when DEI shares open for trading on 9/28/17.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/28/17, Douglas Emmett Inc (Symbol: DEI), CyrusOne Inc (Symbol: CONE), and Equity Lifestyle Properties Inc (Symbol: ELS) will all trade ex-dividend for their respective upcoming dividends. As a percentage of DEI's recent stock price of $39.30, this dividend works out to approximately 0.59%, so look for shares of Douglas Emmett Inc to trade 0.59% lower - all else being equal - when DEI shares open for trading on 9/28/17. Below are dividend history charts for DEI, CONE, and ELS, showing historical dividends prior to the most recent ones declared.
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fda2909a-3c47-4766-9cf8-79d365a2c7e6
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725061.0
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2017-08-29 00:00:00 UTC
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DEI Crosses Below Key Moving Average Level
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DEI
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https://www.nasdaq.com/articles/dei-crosses-below-key-moving-average-level-2017-08-29
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nan
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nan
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In trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.97, changing hands as low as $37.87 per share. Douglas Emmett Inc shares are currently trading off about 0.3% 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.97.
According to the ETF Finder at ETF Channel, DEI makes up 1.27% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.3% on the day Tuesday.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
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 trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.97, changing hands as low as $37.87 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.97. According to the ETF Finder at ETF Channel, DEI makes up 1.27% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.3% on the day Tuesday.
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In trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.97, changing hands as low as $37.87 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.97. According to the ETF Finder at ETF Channel, DEI makes up 1.27% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.3% on the day Tuesday.
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In trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.97, changing hands as low as $37.87 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.97. According to the ETF Finder at ETF Channel, DEI makes up 1.27% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.3% on the day Tuesday.
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In trading on Tuesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.97, changing hands as low as $37.87 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.97. According to the ETF Finder at ETF Channel, DEI makes up 1.27% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.3% on the day Tuesday.
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47909f3b-95d6-4d50-b6eb-4a2edaed4d8b
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725062.0
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2017-08-02 00:00:00 UTC
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Douglas Emmett Breaks Below 200-Day Moving Average - Notable for DEI
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-breaks-below-200-day-moving-average-notable-dei-2017-08-02
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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 below their 200 day moving average of $37.80, changing hands as low as $37.60 per share. Douglas Emmett Inc shares are currently trading off about 1.7% 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.60.
According to the ETF Finder at ETF Channel, DEI makes up 1.23% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.7% on the day Wednesday.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
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 trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.80, changing hands as low as $37.60 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.60. According to the ETF Finder at ETF Channel, DEI makes up 1.23% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.7% on the day Wednesday.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.80, changing hands as low as $37.60 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.60. According to the ETF Finder at ETF Channel, DEI makes up 1.23% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.7% on the day Wednesday.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.80, changing hands as low as $37.60 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.60. According to the ETF Finder at ETF Channel, DEI makes up 1.23% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.7% on the day Wednesday.
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In trading on Wednesday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.80, changing hands as low as $37.60 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.60. According to the ETF Finder at ETF Channel, DEI makes up 1.23% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 0.7% on the day Wednesday.
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e92f0177-06ba-4575-84e3-73f8bcacc5c1
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725063.0
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2017-07-28 00:00:00 UTC
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Should You Buy Douglas Emmett (DEI) Ahead of Earnings?
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DEI
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https://www.nasdaq.com/articles/should-you-buy-douglas-emmett-dei-ahead-of-earnings-2017-07-28
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nan
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nan
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Investors are always looking for stocks that are poised to beat at earnings season and Douglas Emmett, Inc.DEI may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
That is because Douglas Emmett is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for DEI in this report.
In fact, the Most Accurate Estimate for the current quarter is currently at 49 cents per share for DEI, compared to a broader Zacks Consensus Estimate of 48 cents per share. This suggests that analysts have very recently bumped up their estimates for DEI, giving the stock a Zacks Earnings ESP of +2.08% heading into earnings season.
Douglas Emmett, Inc. Price and EPS Surprise
Douglas Emmett, Inc. Price and EPS Surprise | Douglas Emmett, Inc. Quote
Why is this Important?
A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here ).
Given that DEI has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Clearly, recent earnings estimate revisions suggest that good things are ahead for Douglas Emmett, and that a beat might be in the cards for the upcoming report.
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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.
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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After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for DEI in this report. Given that DEI has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Investors are always looking for stocks that are poised to beat at earnings season and Douglas Emmett, Inc.DEI may be one such company.
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Click to get this free report Douglas Emmett, Inc. (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. Investors are always looking for stocks that are poised to beat at earnings season and Douglas Emmett, Inc.DEI may be one such company. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for DEI in this report.
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This suggests that analysts have very recently bumped up their estimates for DEI, giving the stock a Zacks Earnings ESP of +2.08% heading into earnings season. Given that DEI has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Investors are always looking for stocks that are poised to beat at earnings season and Douglas Emmett, Inc.DEI may be one such company.
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Given that DEI has a Zacks Rank #2 (Buy) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Investors are always looking for stocks that are poised to beat at earnings season and Douglas Emmett, Inc.DEI may be one such company. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for DEI in this report.
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fa5dd9b2-7044-4ab3-bf8b-31f7889d3a4e
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725064.0
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2017-07-06 00:00:00 UTC
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Notable Two Hundred Day Moving Average Cross - DEI
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DEI
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https://www.nasdaq.com/articles/notable-two-hundred-day-moving-average-cross-dei-2017-07-06
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nan
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nan
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In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.66, changing hands as low as $37.64 per share. Douglas Emmett Inc shares are currently trading off about 1.9% 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.66.
According to the ETF Finder at ETF Channel, DEI makes up 1.25% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1% on the day Thursday.
Click here to find out which 9 other dividend stocks recently crossed below their 200 day moving average »
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 trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.66, changing hands as low as $37.64 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.66. According to the ETF Finder at ETF Channel, DEI makes up 1.25% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1% on the day Thursday.
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In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.66, changing hands as low as $37.64 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.66. According to the ETF Finder at ETF Channel, DEI makes up 1.25% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1% on the day Thursday.
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In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.66, changing hands as low as $37.64 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.66. According to the ETF Finder at ETF Channel, DEI makes up 1.25% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1% on the day Thursday.
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In trading on Thursday, shares of Douglas Emmett Inc (Symbol: DEI) crossed below their 200 day moving average of $37.66, changing hands as low as $37.64 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 $33.78 per share, with $40.79 as the 52 week high point - that compares with a last trade of $37.66. According to the ETF Finder at ETF Channel, DEI makes up 1.25% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading lower by about 1% on the day Thursday.
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120b4de9-9039-464a-a227-20b65bef9678
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725065.0
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2017-06-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for June 28, 2017
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-june-28-2017-2017-06-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on June 28, 2017. A cash dividend payment of $0.23 per share is scheduled to be paid on July 14, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DEI has paid the same dividend. At the current stock price of $38.58, the dividend yield is 2.38%.
The previous trading day's last sale of DEI was $38.58, representing a -5.42% decrease from the 52 week high of $40.79 and a 16.2% increase over the 52 week low of $33.20.
DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). DEI's current earnings per share, an indicator of a company's profitability, is $.58. Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 5.87%, compared to an industry average of .5%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 5.87%, compared to an industry average of .5%.
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DEI's current earnings per share, an indicator of a company's profitability, is $.58. 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 ) will begin trading ex-dividend on June 28, 2017.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DEI has paid the same dividend. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on June 28, 2017. This marks the 3rd quarter that DEI has paid the same dividend.
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cdac5838-a356-4dfa-9893-242b603033af
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725066.0
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2017-04-11 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-2017-04-11
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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 $39.30, changing hands for $39.37/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 10 different analyst targets 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 $34.00. And then on the other side of the spectrum one analyst has a target as high as $45.00. The standard deviation is $3.831.
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 $39.30/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $39.30 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:
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 »
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 recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $39.30, changing hands for $39.37/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 $39.30/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $39.30 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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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $39.30, changing hands for $39.37/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 $39.30/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $39.30 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 $39.30/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $39.30 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 $39.30, changing hands for $39.37/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 $39.30, changing hands for $39.37/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 $39.30/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $39.30 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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d9933f9b-863e-4b75-9071-12c7c27b19f4
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725067.0
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2017-03-28 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for March 29, 2017
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-march-29-2017-2017-03-28
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 29, 2017. A cash dividend payment of $0.23 per share is scheduled to be paid on April 14, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.55% increase over prior dividend payment.
The previous trading day's last sale of DEI was $37.89, representing a -7.11% decrease from the 52 week high of $40.79 and a 29.14% increase over the 52 week low of $29.34.
DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). DEI's current earnings per share, an indicator of a company's profitability, is $.56. Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 5.59%, compared to an industry average of 1.1%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). Zacks Investment Research reports DEI's forecasted earnings growth in 2017 as 5.59%, compared to an industry average of 1.1%.
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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. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 29, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $37.89, representing a -7.11% decrease from the 52 week high of $40.79 and a 29.14% increase over the 52 week low of $29.34. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 29, 2017. The previous trading day's last sale of DEI was $37.89, representing a -7.11% decrease from the 52 week high of $40.79 and a 29.14% increase over the 52 week low of $29.34.
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62b8dad7-bacd-44c5-b30f-37d644ddf373
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725068.0
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2017-03-03 00:00:00 UTC
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Daily Dividend Report: SUI, BIG, VZ, DEI, BMY
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report-sui-big-vz-dei-bmy-2017-03-03
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nan
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nan
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Sun Communities, a real estate investment trust that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced its Board of Directors declared a quarterly distribution of $0.67 per share of common stock for the first quarter of 2017. The distribution is payable April 17, 2017 to shareholders of record on March 31, 2017.
Big Lots, announced on February 28, 2017 our Board of Directors increased the Company's quarterly dividend payment rate by approximately 19%, declaring a quarterly cash dividend of $0.25 per common share for the first quarter of fiscal 2017. The dividend will be paid on March 31, 2017, to shareholders of record as of the close of business on March 17, 2017.
The Board of Directors of Verizon Communications today declared a quarterly dividend of 57.75 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on May 1, 2017, to Verizon shareowners of record at the close of business on April 10, 2017.
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 $0.23, or $0.92 on an annualized basis, to be paid on April 14, 2017 to shareholders of record as of March 31, 2017.
The Board of Directors of Bristol-Myers Squibb today declared a quarterly dividend of thirty-nine cents ($0.39) per share on the $.10 par value Common Stock of the corporation. The next quarterly dividend will be payable on May 1, 2017, to stockholders of record at the close of business on April 7, 2017.
VIDEO: Daily Dividend Report: SUI, BIG, VZ, DEI, BMY
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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VIDEO: Daily Dividend Report: SUI, BIG, VZ, DEI, BMY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sun Communities, a real estate investment trust that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced its Board of Directors declared a quarterly distribution of $0.67 per share of common stock for the first quarter of 2017. 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 $0.23, or $0.92 on an annualized basis, to be paid on April 14, 2017 to shareholders of record as of March 31, 2017.
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VIDEO: Daily Dividend Report: SUI, BIG, VZ, DEI, BMY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sun Communities, a real estate investment trust that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced its Board of Directors declared a quarterly distribution of $0.67 per share of common stock for the first quarter of 2017. The Board of Directors of Verizon Communications today declared a quarterly dividend of 57.75 cents per outstanding share, unchanged from the previous quarter.
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VIDEO: Daily Dividend Report: SUI, BIG, VZ, DEI, BMY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Sun Communities, a real estate investment trust that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced its Board of Directors declared a quarterly distribution of $0.67 per share of common stock for the first quarter of 2017. Big Lots, announced on February 28, 2017 our Board of Directors increased the Company's quarterly dividend payment rate by approximately 19%, declaring a quarterly cash dividend of $0.25 per common share for the first quarter of fiscal 2017.
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VIDEO: Daily Dividend Report: SUI, BIG, VZ, DEI, BMY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The distribution is payable April 17, 2017 to shareholders of record on March 31, 2017. The dividend is payable on May 1, 2017, to Verizon shareowners of record at the close of business on April 10, 2017.
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83443fec-597d-431c-b47e-a2264ce50d89
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725069.0
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2017-02-07 00:00:00 UTC
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After-Hours Earnings Report for February 7, 2017 : DIS, GILD, MDLZ, PXD, ORLY, MCHP, PAA, AKAM, ATO, CPT, JKHY, DEI
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DEI
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https://www.nasdaq.com/articles/after-hours-earnings-report-february-7-2017-dis-gild-mdlz-pxd-orly-mchp-paa-akam-ato-cpt
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nan
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nan
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The following companies are expected to report earnings after hours on 02/07/2017. Visit our Earnings Calendar for a full list of expected earnings releases.
Walt Disney Company ( DIS ) is reporting for the quarter ending December 31, 2016. The media company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.48. This value represents a 9.20% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for DIS is 18.51 vs. an industry ratio of 46.40.
Gilead Sciences, Inc. ( GILD ) is reporting for the quarter ending December 31, 2016. The biomedical (gene) company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.31. This value represents a 29.36% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for GILD is 6.58 vs. an industry ratio of 29.60.
Mondelez International, Inc. ( MDLZ ) is reporting for the quarter ending December 31, 2016. The food company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.49. This value represents a 6.52% increase compared to the same quarter last year. MDLZ missed the consensus earnings per share in the 4th calendar quarter of 2015 by -6.12%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for MDLZ is 22.69 vs. an industry ratio of 22.50, implying that they will have a higher earnings growth than their competitors in the same industry.
Pioneer Natural Resources Company ( PXD ) is reporting for the quarter ending December 31, 2016. The oil (us exp & production) company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.30. This value represents a 266.67% increase compared to the same quarter last year. PXD missed the consensus earnings per share in the 3rd calendar quarter of 2016 by -23.53%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for PXD is -441.66 vs. an industry ratio of -8.30.
O'Reilly Automotive, Inc. ( ORLY ) is reporting for the quarter ending December 31, 2016. The wholesale retail company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.54. This value represents a 15.98% increase compared to the same quarter last year. The last two quarters ORLY had negative earnings surprises; the latest report they missed by -0.68%. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ORLY is 24.22 vs. an industry ratio of 25.60.
Microchip Technology Incorporated ( MCHP ) is reporting for the quarter ending December 31, 2016. The semiconductor company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.81. This value represents a 32.79% increase compared to the same quarter last year. MCHP missed the consensus earnings per share in the 2nd calendar quarter of 2016 by -1.47%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for MCHP is 21.75 vs. an industry ratio of 25.80.
Plains All American Pipeline, L.P. ( PAA ) is reporting for the quarter ending December 31, 2016. The oil/gas company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.49. This value represents a 104.17% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for PAA is 41.33 vs. an industry ratio of 10.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Akamai Technologies, Inc. ( AKAM ) is reporting for the quarter ending December 31, 2016. The internet services company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.53. This value represents a 3.64% decrease compared to the same quarter last year. AKAM missed the consensus earnings per share in the 2nd calendar quarter of 2016 by -6%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for AKAM is 33.04 vs. an industry ratio of 36.40.
Atmos Energy Corporation ( ATO ) is reporting for the quarter ending December 31, 2016. The gas distribution company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.03. This value represents a 10.75% increase compared to the same quarter last year. ATO missed the consensus earnings per share in the 4th calendar quarter of 2015 by -7.92%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ATO is 21.25 vs. an industry ratio of 19.70, implying that they will have a higher earnings growth than their competitors in the same industry.
Camden Property Trust ( CPT ) is reporting for the quarter ending December 31, 2016. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.14. This value represents a 5.00% decrease compared to the same quarter last year. In the past year CPT has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CPT is 18.27 vs. an industry ratio of 17.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Jack Henry & Associates, Inc. ( JKHY ) is reporting for the quarter ending December 31, 2016. The electrical company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.74. This value represents a no change for the same quarter last year. In the past year JKHY has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 12.86%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for JKHY is 28.93 vs. an industry ratio of 29.00.
Douglas Emmett, Inc. ( DEI ) is reporting for the quarter ending December 31, 2016. The reit company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.45. This value represents a 9.76% increase compared to the same quarter last year. In the past year DEI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DEI is 21.05 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry.
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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Douglas Emmett, Inc. ( DEI ) is reporting for the quarter ending December 31, 2016. In the past year DEI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DEI is 21.05 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry.
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Douglas Emmett, Inc. ( DEI ) is reporting for the quarter ending December 31, 2016. In the past year DEI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DEI is 21.05 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry.
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Zacks Investment Research reports that the 2016 Price to Earnings ratio for DEI is 21.05 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry. Douglas Emmett, Inc. ( DEI ) is reporting for the quarter ending December 31, 2016. In the past year DEI has met analyst expectations once and beat the expectations the other three quarters.
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Douglas Emmett, Inc. ( DEI ) is reporting for the quarter ending December 31, 2016. In the past year DEI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DEI is 21.05 vs. an industry ratio of 8.50, implying that they will have a higher earnings growth than their competitors in the same industry.
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e3064684-b208-489f-a440-b38f60740cff
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725070.0
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2017-02-01 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-2017-02-01
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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 $37.80, changing hands for $37.84/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 10 different analyst targets 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 $30.00. And then on the other side of the spectrum one analyst has a target as high as $45.00. The standard deviation is $4.516.
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 $37.80/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.80 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:
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 »
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 recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $37.80, changing hands for $37.84/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 $37.80/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.80 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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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $37.80, changing hands for $37.84/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 $37.80/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.80 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 $37.80/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.80 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 $37.80, changing hands for $37.84/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 $37.80, changing hands for $37.84/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 $37.80/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.80 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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8607d1e3-11ed-4b6a-adc0-083d11e6ad07
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725071.0
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2016-12-27 00:00:00 UTC
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Ex-Dividend Reminder: Pennymac Mortgage Investment Trust, DiamondRock Hospitality and Douglas Emmett
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder-pennymac-mortgage-investment-trust-diamondrock-hospitality-and
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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 12/28/16, Pennymac Mortgage Investment Trust (Symbol: PMT), DiamondRock Hospitality Co. (Symbol: DRH), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Pennymac Mortgage Investment Trust will pay its quarterly dividend of $0.47 on 1/27/17, DiamondRock Hospitality Co. will pay its quarterly dividend of $0.125 on 1/12/17, and Douglas Emmett Inc will pay its quarterly dividend of $0.23 on 1/13/17. As a percentage of PMT's recent stock price of $16.76, this dividend works out to approximately 2.80%, so look for shares of Pennymac Mortgage Investment Trust to trade 2.80% lower - all else being equal - when PMT shares open for trading on 12/28/16. Similarly, investors should look for DRH to open 1.08% lower in price and for DEI to open 0.64% lower, all else being equal.
Below are dividend history charts for PMT, DRH, and DEI, showing historical dividends prior to the most recent ones declared.
Pennymac Mortgage Investment Trust (Symbol: PMT) :
DiamondRock Hospitality Co. (Symbol: DRH) :
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 11.22% for Pennymac Mortgage Investment Trust, 4.33% for DiamondRock Hospitality Co., and 2.57% for Douglas Emmett Inc.
In Tuesday trading, Pennymac Mortgage Investment Trust shares are currently up about 0.4%, DiamondRock Hospitality Co. shares are up about 0.2%, and Douglas Emmett Inc shares are down about 0.3% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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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Looking at the universe of stocks we cover at Dividend Channel , on 12/28/16, Pennymac Mortgage Investment Trust (Symbol: PMT), DiamondRock Hospitality Co. (Symbol: DRH), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DRH to open 1.08% lower in price and for DEI to open 0.64% lower, all else being equal. Below are dividend history charts for PMT, DRH, 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 12/28/16, Pennymac Mortgage Investment Trust (Symbol: PMT), DiamondRock Hospitality Co. (Symbol: DRH), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Pennymac Mortgage Investment Trust (Symbol: PMT) : DiamondRock Hospitality Co. (Symbol: DRH) : 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 DRH to open 1.08% lower in price and for DEI to open 0.64% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/28/16, Pennymac Mortgage Investment Trust (Symbol: PMT), DiamondRock Hospitality Co. (Symbol: DRH), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Pennymac Mortgage Investment Trust (Symbol: PMT) : DiamondRock Hospitality Co. (Symbol: DRH) : 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 DRH to open 1.08% lower in price and for DEI to open 0.64% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/28/16, Pennymac Mortgage Investment Trust (Symbol: PMT), DiamondRock Hospitality Co. (Symbol: DRH), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for DRH to open 1.08% lower in price and for DEI to open 0.64% lower, all else being equal. Below are dividend history charts for PMT, DRH, and DEI, showing historical dividends prior to the most recent ones declared.
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7ca2f6c5-efbe-4f25-bd57-432b4c483cdc
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725072.0
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2016-12-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for December 28, 2016
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-december-28-2016-2016-12-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2016. A cash dividend payment of $0.23 per share is scheduled to be paid on January 13, 2017. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.55% increase over prior dividend payment. At the current stock price of $35.49, the dividend yield is 2.59%.
The previous trading day's last sale of DEI was $35.49, representing a -9.58% decrease from the 52 week high of $39.25 and a 43.51% increase over the 52 week low of $24.73.
DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). DEI's current earnings per share, an indicator of a company's profitability, is $.52. Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 11.04%, compared to an industry average of 1.4%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 11.04%, compared to an industry average of 1.4%. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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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. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2016. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $35.49, representing a -9.58% decrease from the 52 week high of $39.25 and a 43.51% increase over the 52 week low of $24.73. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI's current earnings per share, an indicator of a company's profitability, is $.52. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on December 28, 2016.
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2ad3b77b-6e26-4896-895e-526fc18aeae9
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725073.0
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2016-09-27 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-2016-09-27
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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 $37.88, changing hands for $37.91/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 8 different analyst targets 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 $30.00. And then on the other side of the spectrum one analyst has a target as high as $45.00. The standard deviation is $4.853.
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 $37.88/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.88 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:
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 »
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 recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $37.88, changing hands for $37.91/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 $37.88/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.88 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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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $37.88, changing hands for $37.91/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 $37.88/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.88 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 $37.88/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.88 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 $37.88, changing hands for $37.91/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 $37.88, changing hands for $37.91/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 $37.88/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.88 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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a80871cf-8a91-41c5-9183-6f60d49686f3
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725074.0
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2016-09-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for September 28, 2016
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-september-28-2016-2016-09-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on September 28, 2016. A cash dividend payment of $0.22 per share is scheduled to be paid on October 14, 2016. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DEI has paid the same dividend. At the current stock price of $37.91, the dividend yield is 2.32%.
The previous trading day's last sale of DEI was $37.91, representing a -2.07% decrease from the 52 week high of $38.71 and a 53.3% increase over the 52 week low of $24.73.
DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). DEI's current earnings per share, an indicator of a company's profitability, is $.39. Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 9.66%, compared to an industry average of 3.3%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 9.66%, compared to an industry average of 3.3%.
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DEI's current earnings per share, an indicator of a company's profitability, is $.39. 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 ) will begin trading ex-dividend on September 28, 2016.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DEI has paid the same dividend. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on September 28, 2016. This marks the 4th quarter that DEI has paid the same dividend.
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77eedcea-f0f0-47e3-aaa2-b144c7d19588
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725075.0
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2016-09-26 00:00:00 UTC
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Ex-Dividend Reminder: InfraREIT, Franklin Resources and Douglas Emmett
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DEI
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https://www.nasdaq.com/articles/ex-dividend-reminder-infrareit-franklin-resources-and-douglas-emmett-2016-09-26
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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 9/28/16, InfraREIT Inc (Symbol: HIFR), Franklin Resources, Inc. (Symbol: BEN), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. InfraREIT Inc will pay its quarterly dividend of $0.25 on 10/20/16, Franklin Resources, Inc. will pay its quarterly dividend of $0.18 on 10/14/16, and Douglas Emmett Inc will pay its quarterly dividend of $0.22 on 10/14/16. As a percentage of HIFR's recent stock price of $18.84, this dividend works out to approximately 1.33%, so look for shares of InfraREIT Inc to trade 1.33% lower - all else being equal - when HIFR shares open for trading on 9/28/16. Similarly, investors should look for BEN to open 0.52% lower in price and for DEI to open 0.58% lower, all else being equal.
Below are dividend history charts for HIFR, BEN, and DEI, showing historical dividends prior to the most recent ones declared.
InfraREIT Inc (Symbol: HIFR) :
Franklin Resources, Inc. (Symbol: BEN) :
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 5.31% for InfraREIT Inc, 2.08% for Franklin Resources, Inc., and 2.32% for Douglas Emmett Inc.
In Monday trading, InfraREIT Inc shares are currently trading flat, Franklin Resources, Inc. shares are off about 1.4%, and Douglas Emmett Inc shares are up about 0.3% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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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Looking at the universe of stocks we cover at Dividend Channel , on 9/28/16, InfraREIT Inc (Symbol: HIFR), Franklin Resources, Inc. (Symbol: BEN), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for BEN to open 0.52% lower in price and for DEI to open 0.58% lower, all else being equal. Below are dividend history charts for HIFR, BEN, 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 9/28/16, InfraREIT Inc (Symbol: HIFR), Franklin Resources, Inc. (Symbol: BEN), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. InfraREIT Inc (Symbol: HIFR) : Franklin Resources, Inc. (Symbol: BEN) : 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 BEN to open 0.52% lower in price and for DEI to open 0.58% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/28/16, InfraREIT Inc (Symbol: HIFR), Franklin Resources, Inc. (Symbol: BEN), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. InfraREIT Inc (Symbol: HIFR) : Franklin Resources, Inc. (Symbol: BEN) : 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 BEN to open 0.52% lower in price and for DEI to open 0.58% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/28/16, InfraREIT Inc (Symbol: HIFR), Franklin Resources, Inc. (Symbol: BEN), and Douglas Emmett Inc (Symbol: DEI) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for BEN to open 0.52% lower in price and for DEI to open 0.58% lower, all else being equal. Below are dividend history charts for HIFR, BEN, and DEI, showing historical dividends prior to the most recent ones declared.
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266bc723-f791-40d0-a970-8cb8e4caeb92
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725076.0
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2016-09-13 00:00:00 UTC
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Daily Dividend Report: AVB, PCAR, MAR, DEI, INT
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report-avb-pcar-mar-dei-int-2016-09-13
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nan
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nan
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AvalonBay Communities ( AVB ) declared a cash dividend on the Company's Common Stock for the third quarter of 2016. The Common Stock dividend is $1.35 per share and is payable October 17, 2016 to all Common Stockholders of Record as of September 30, 2016.
PACCAR ( PCAR ) declared a quarterly cash dividend of twenty-four cents per share payable December 2, 2016 to stockholders of record at the close of business on November 18, 2016.
Marriott International ( MAR ) declared a quarterly cash dividend of 30 cents per share of common stock. The dividend is payable on September 30, 2016 to shareholders of record as of September 23, 2016.
Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. The dividend will be paid on October 14, 2016 to shareholders of record as of September 30, 2016.
World Fuel Services Corporation ( INT ) declared its quarterly cash dividend of $0.06 per share payable on October 12, 2016 to shareholders of record on September 23, 2016.
VIDEO: Daily Dividend Report: AVB, PCAR, MAR, DEI, INT
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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Douglas Emmett ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. VIDEO: Daily Dividend Report: AVB, PCAR, MAR, DEI, INT The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. PACCAR ( PCAR ) declared a quarterly cash dividend of twenty-four cents per share payable December 2, 2016 to stockholders of record at the close of business on November 18, 2016.
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VIDEO: Daily Dividend Report: AVB, PCAR, MAR, DEI, INT 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 ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. Marriott International ( MAR ) declared a quarterly cash dividend of 30 cents per share of common stock.
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VIDEO: Daily Dividend Report: AVB, PCAR, MAR, DEI, INT 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 ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. The Common Stock dividend is $1.35 per share and is payable October 17, 2016 to all Common Stockholders of Record as of September 30, 2016.
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VIDEO: Daily Dividend Report: AVB, PCAR, MAR, DEI, INT 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 ( DEI ) has declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. The Common Stock dividend is $1.35 per share and is payable October 17, 2016 to all Common Stockholders of Record as of September 30, 2016.
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8a618793-5eb8-46c0-ae15-624523031af0
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725077.0
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2016-08-23 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-2016-08-23
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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 $37.00, changing hands for $37.14/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 8 different analyst targets 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 $30.00. And then on the other side of the spectrum one analyst has a target as high as $45.00. The standard deviation is $4.898.
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 $37.00/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.00 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:
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 »
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 recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $37.00, changing hands for $37.14/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 $37.00/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.00 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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In recent trading, shares of Douglas Emmett Inc (Symbol: DEI) have crossed above the average analyst 12-month target price of $37.00, changing hands for $37.14/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 $37.00/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.00 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 $37.00/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.00 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 $37.00, changing hands for $37.14/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 $37.00, changing hands for $37.14/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 $37.00/share, investors in DEI have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $37.00 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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d5a471a4-bfff-41f1-963a-a121a2c8eae2
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725078.0
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2016-06-27 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for June 28, 2016
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-june-28-2016-2016-06-27
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nan
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nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on June 28, 2016. A cash dividend payment of $0.22 per share is scheduled to be paid on July 15, 2016. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DEI has paid the same dividend. At the current stock price of $34.03, the dividend yield is 2.59%.
The previous trading day's last sale of DEI was $34.03, representing a -1.93% decrease from the 52 week high of $34.70 and a 37.61% increase over the 52 week low of $24.73.
DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). DEI's current earnings per share, an indicator of a company's profitability, is $.36. Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 8.33%, compared to an industry average of 4.6%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 8.33%, compared to an industry average of 4.6%.
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DEI's current earnings per share, an indicator of a company's profitability, is $.36. 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 ) will begin trading ex-dividend on June 28, 2016.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that DEI has paid the same dividend. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on June 28, 2016. This marks the 3rd quarter that DEI has paid the same dividend.
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8bff3a85-a801-41e7-afb1-a9ff93e3c94d
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725079.0
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2016-06-22 00:00:00 UTC
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CoreSite (COR) Chosen to Expand Paperspace Cloud Platform
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DEI
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https://www.nasdaq.com/articles/coresite-cor-chosen-to-expand-paperspace-cloud-platform-2016-06-22
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nan
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nan
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The Denver, CO-based data center REIT - CoreSite Realty CorporationCOR - has been chosen by Paperspace to meet the requirements of its newly launched cloud computing platform. In pursuit of this, the Paperspace has accomplished data center deployments in CoreSite's New York and Santa Clara campuses.
The deployment on both coasts reflects solid demand for secure, reliable, high-density, scalable, national data center platform operated by CoreSite. Specifically, it would offer access to leading enterprises, cloud providers and internet peering exchanges.
CoreSite's New York campus includes data center facilities in Manhattan and Secaucus, NJ. This campus offers more than 280,000 square feet of high-performance data center capacity. The New York campus hosts over 45 network service providers and offers direct access to some of the leading cloud service providers.
On the other hand, the Silicon Valley data center market includes operational facilities in Santa Clara, San Jose and Milpitas. Currently, two additional data centers are under construction in Santa Clara. Following completion, these seven facilities will include roughly 780,000 square feet of data center capacity.
Around 200 customers connect for doing business in these Silicon Valley data centers. They range from enterprises, international and national carriers, social media companies, to cloud computing providers, and media and entertainment firms.
Notably, with growth in cloud computing, Internet of Things and big data, and an increasing number of companies opting for third-party IT infrastructure; data center REITs are experiencing a boom market. These REITs pulled in their capital and scored well on the return book, producing total returns of 8.9% in May.
CORESITE REALTY Price
CORESITE REALTY Price | CORESITE REALTY Quote
CoreSite currently has a Zacks Rank #1 (Strong Buy).
Investors interested in the REIT industry may also consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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
PS BUSINESS PKS (PSB): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
CORESITE REALTY (COR): 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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Investors interested in the REIT industry may also consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report CORESITE REALTY (COR): Free Stock Analysis Report To read this article on Zacks.com click here. The Denver, CO-based data center REIT - CoreSite Realty CorporationCOR - has been chosen by Paperspace to meet the requirements of its newly launched cloud computing platform.
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Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report CORESITE REALTY (COR): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may also consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . On the other hand, the Silicon Valley data center market includes operational facilities in Santa Clara, San Jose and Milpitas.
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Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report CORESITE REALTY (COR): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may also consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Notably, with growth in cloud computing, Internet of Things and big data, and an increasing number of companies opting for third-party IT infrastructure; data center REITs are experiencing a boom market.
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Investors interested in the REIT industry may also consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report CORESITE REALTY (COR): Free Stock Analysis Report To read this article on Zacks.com click here. In pursuit of this, the Paperspace has accomplished data center deployments in CoreSite's New York and Santa Clara campuses.
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86c8649d-de6a-4537-ab24-f1350789c039
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725080.0
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2016-06-16 00:00:00 UTC
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Gladstone Commercial Achieves 98.5% Portfolio Occupancy
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DEI
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https://www.nasdaq.com/articles/gladstone-commercial-achieves-98.5-portfolio-occupancy-2016-06-16
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nan
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nan
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Gladstone Commercial CorporationGOOD disclosed the signing of three new leases that has helped the company achieve portfolio occupancy to 98.5%. The move reflects solid demand for space at the company's industrial and office properties.
These three leases totaled 67,085 square feet of space. The first lease is for 40,606 square feet at the company's 347,448 square feet distribution center in Maple Heights, OH. The second new lease includes an area of 13,816 square feet at the company's 55,480 square feet industrial property in Bolingbrook, IL.
Companies are opting for supply chain consolidation amid a larger customer base. This is driving greater demand for logistics infrastructure and efficient distribution networks, propelling demand for distribution facilities.
Finally, the third lease is of 12,663 square feet at the company's 114,813 square-feet office property in Burnsville, MN. The three new leases executed on previously vacant spaces are expected to push up the company's same-store revenue.
Notably, Gladstone Commercial is a McLean, VA- based real estate investment trust (REIT) that is engaged in acquisition, ownership and operation of net-leased industrial and office properties across the U.S. The company has portfolio of 99 properties in 24 states, aggregating a total of around 11.1 million square feet of space.
GLADSTONE COMML Price
GLADSTONE COMML Price | GLADSTONE COMML Quote
Gladstone Commercial presently has a Zacks Rank #3 (Hold).
Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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
PS BUSINESS PKS (PSB): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
GLADSTONE COMML (GOOD): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): 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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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GLADSTONE COMML (GOOD): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. Gladstone Commercial CorporationGOOD disclosed the signing of three new leases that has helped the company achieve portfolio occupancy to 98.5%.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GLADSTONE COMML (GOOD): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. GLADSTONE COMML Price GLADSTONE COMML Price | GLADSTONE COMML Quote Gladstone Commercial presently has a Zacks Rank #3 (Hold).
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Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GLADSTONE COMML (GOOD): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . The first lease is for 40,606 square feet at the company's 347,448 square feet distribution center in Maple Heights, OH.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GLADSTONE COMML (GOOD): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. The move reflects solid demand for space at the company's industrial and office properties.
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0ffa2ae3-40a4-4508-9c9c-8571541a511b
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725081.0
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2016-06-15 00:00:00 UTC
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One Liberty Properties Buys El Paso Distribution Facility
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DEI
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https://www.nasdaq.com/articles/one-liberty-properties-buys-el-paso-distribution-facility-2016-06-15
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nan
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nan
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One Liberty Properties, Inc.OLP , the Great Neck, NY-based real estate investment trust ("REIT"), disclosed the acquisition of a distribution facility in El Paso, TX. The company has shelled out $23.7 million for the purchase, funded with cash on hand and the company's line of credit.
Built on 24 acres, this El Paso facility has an area of 419,821 square feet. The property is net leased by a Fortune 1000 company through 2022. Its location in the growing southwest region makes it a strategic buy for the company.
Further, it offers scope for strengthening cash flow stability, with the company expecting to reap around $454,000 of rental income per quarter (excluding amortization of the related tangible assets) starting Jul 1, 2016.
Notably, amid an e-commerce boom, heightened urbanization and a larger customer base, companies are opting for supply chain consolidation. This is driving greater demand for logistics infrastructure and efficient distribution networks, propelling demand for distribution facilities.
One Liberty Properties is engaged in the acquisition, ownership, and management of commercial real estate properties in the U.S., primarily under long-term net lease. Its portfolio includes retail, industrial, flex, and health and fitness properties.
ONE LBRTY PPTY Price
ONE LBRTY PPTY Price | ONE LBRTY PPTY Quote
Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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
PS BUSINESS PKS (PSB): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): 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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ONE LBRTY PPTY Price ONE LBRTY PPTY Price | ONE LBRTY PPTY Quote Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. One Liberty Properties, Inc.OLP , the Great Neck, NY-based real estate investment trust ("REIT"), disclosed the acquisition of a distribution facility in El Paso, TX.
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ONE LBRTY PPTY Price ONE LBRTY PPTY Price | ONE LBRTY PPTY Quote Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. One Liberty Properties, Inc.OLP , the Great Neck, NY-based real estate investment trust ("REIT"), disclosed the acquisition of a distribution facility in El Paso, TX.
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ONE LBRTY PPTY Price ONE LBRTY PPTY Price | ONE LBRTY PPTY Quote Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. One Liberty Properties, Inc.OLP , the Great Neck, NY-based real estate investment trust ("REIT"), disclosed the acquisition of a distribution facility in El Paso, TX.
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ONE LBRTY PPTY Price ONE LBRTY PPTY Price | ONE LBRTY PPTY Quote Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Douglas Emmett Inc. DEI and PS Business Parks Inc. PSB . Click to get this free report PS BUSINESS PKS (PSB): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. One Liberty Properties, Inc.OLP , the Great Neck, NY-based real estate investment trust ("REIT"), disclosed the acquisition of a distribution facility in El Paso, TX.
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f30eef3a-f4ea-42d5-ae48-5c376c5f0637
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725082.0
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2016-06-03 00:00:00 UTC
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Daily Dividend Report: AMT, DEI, AEO, SUP, SNC
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DEI
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https://www.nasdaq.com/articles/daily-dividend-report-amt-dei-aeo-sup-snc-2016-06-03
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nan
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nan
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American Tower Corporation ( AMT ) has declared its quarterly cash distribution of $0.53 per share on shares of the Company's common stock. The distribution is payable on July 15, 2016 to such stockholders of record at the close of business on June 17, 2016.
Douglas Emmett ( DEI ) declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. The dividend will be paid on July 15, 2016 to shareholders of record as of June 30, 2016.
American Eagle Outfitters ( AEO ) announced a quarterly cash dividend of $0.125 per share, marking the company's 48th consecutive quarterly dividend. The $0.125 dividend was declared on June 2, 2016 and is payable on July 20, 2016 to stockholders of record at the close of business on July 6, 2016.
Superior Industries International ( SUP ) has declared a quarterly cash dividend of $0.18 per share, payable on July 19, 2016, to shareholders of record as of July 5, 2016.
State National Companies ( SNC ) has declared a regular cash dividend of $0.06 per share payable on its outstanding common stock. The dividend will be paid on July 20, 2016 to all shareholders of record on July 5, 2016.
VIDEO: Daily Dividend Report: AMT, DEI, AEO, SUP, SNC
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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Douglas Emmett ( DEI ) declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. VIDEO: Daily Dividend Report: AMT, DEI, AEO, SUP, SNC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. The distribution is payable on July 15, 2016 to such stockholders of record at the close of business on June 17, 2016.
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VIDEO: Daily Dividend Report: AMT, DEI, AEO, SUP, SNC 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 ( DEI ) declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. American Tower Corporation ( AMT ) has declared its quarterly cash distribution of $0.53 per share on shares of the Company's common stock.
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Douglas Emmett ( DEI ) declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. VIDEO: Daily Dividend Report: AMT, DEI, AEO, SUP, SNC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. American Eagle Outfitters ( AEO ) announced a quarterly cash dividend of $0.125 per share, marking the company's 48th consecutive quarterly dividend.
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Douglas Emmett ( DEI ) declared a quarterly cash dividend on each share of its common stock of $0.22, or $0.88 on an annualized basis. VIDEO: Daily Dividend Report: AMT, DEI, AEO, SUP, SNC The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. American Tower Corporation ( AMT ) has declared its quarterly cash distribution of $0.53 per share on shares of the Company's common stock.
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9094f6eb-bd00-441a-a9ca-d986f9928674
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725083.0
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2016-05-18 00:00:00 UTC
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Digital Realty Prices 12.5M Offering of Common Shares
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DEI
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https://www.nasdaq.com/articles/digital-realty-prices-12.5m-offering-of-common-shares-2016-05-18
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nan
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nan
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Digital Realty Trust Inc.DLR has announced the pricing of a 12.5 million public offering of its common shares. This pricing has been done through forward sales agreement and at a price of $96 per share.
The San Francisco, CA-based real estate investment trust ("REIT") is not entitled to receive any proceeds from the sale of common shares by the forward purchasers. However, it is likely that the company will use part of the net proceeds derived from the future forward sales to finance the acquisition of a portfolio of eight data centers from Global data centersolution and service provider, Equinix Inc. EQIX . The company also intends to use the remaining net proceeds for general corporate purposes which may include debt repayment, funding of other development and acquisition activities, redeeming debts etc.
Subject to the fulfillment of certain customary closing conditions, the offering is likely to be completed on May 20, 2016. The underwriters have also been given a 30-day option to buy a maximum of 1,875,000 shares.
Digital Realty Trust owns, acquires, repositions and manages technology-related real estate. Specifically, it provides data center, colocation and interconnection solutions that are critical for the day-to-day operations of the technology industry tenants.
Currently, both Digital Realty Trust and Equinix carry a Zacks Rank #3 (Hold).
Investors interested in the REIT industry may also consider some better-ranked stocks like CoreSite Realty Corporation COR and Douglas Emmett Inc DEI . Both these stocks hold a Zacks Rank #2 (Buy).
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 >>
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
EQUINIX INC (EQIX): Free Stock Analysis Report
DIGITAL RLTY TR (DLR): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
CORESITE REALTY (COR): 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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Investors interested in the REIT industry may also consider some better-ranked stocks like CoreSite Realty Corporation COR and Douglas Emmett Inc DEI . Click to get this free report EQUINIX INC (EQIX): Free Stock Analysis Report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report CORESITE REALTY (COR): Free Stock Analysis Report To read this article on Zacks.com click here. The San Francisco, CA-based real estate investment trust ("REIT") is not entitled to receive any proceeds from the sale of common shares by the forward purchasers.
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Investors interested in the REIT industry may also consider some better-ranked stocks like CoreSite Realty Corporation COR and Douglas Emmett Inc DEI . Click to get this free report EQUINIX INC (EQIX): Free Stock Analysis Report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report CORESITE REALTY (COR): 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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Click to get this free report EQUINIX INC (EQIX): Free Stock Analysis Report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report CORESITE REALTY (COR): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may also consider some better-ranked stocks like CoreSite Realty Corporation COR and Douglas Emmett Inc DEI . The San Francisco, CA-based real estate investment trust ("REIT") is not entitled to receive any proceeds from the sale of common shares by the forward purchasers.
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Investors interested in the REIT industry may also consider some better-ranked stocks like CoreSite Realty Corporation COR and Douglas Emmett Inc DEI . Click to get this free report EQUINIX INC (EQIX): Free Stock Analysis Report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report CORESITE REALTY (COR): Free Stock Analysis Report To read this article on Zacks.com click here. Digital Realty Trust Inc.DLR has announced the pricing of a 12.5 million public offering of its common shares.
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53248bf4-5931-4328-81b1-2d39c83d198d
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725084.0
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2016-05-11 00:00:00 UTC
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Douglas Emmett (DEI): Moving Average Crossover Alert
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-dei%3A-moving-average-crossover-alert-2016-05-11
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nan
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nan
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Are you a technical investor? If so, it may be time to consider Douglas Emmett IncDEI for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for DEI.
This trend may have already begun, as shares of DEI have moved by higher by 6.7% in just the past month. Plus, DEI has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Douglas Emmett has plenty of life left.
More bullishness may especially be the case when investors consider what has been happening for DEI on the earnings estimate revision front lately. No estimate has gone lower in the past two months, compared to 5 higher, while the consensus estimate has also moved higher too.
So given this move in estimates, and the positive technical factors, investors may want to watch this breakout candidate closely for more gains in the near future.
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 >>
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 (DEI): 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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This trend may have already begun, as shares of DEI have moved by higher by 6.7% in just the past month. More bullishness may especially be the case when investors consider what has been happening for DEI on the earnings estimate revision front lately. If so, it may be time to consider Douglas Emmett IncDEI for your portfolio.
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The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for DEI. Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. If so, it may be time to consider Douglas Emmett IncDEI for your portfolio.
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The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for DEI. Plus, DEI has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Douglas Emmett has plenty of life left. Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report To read this article on Zacks.com click here.
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If so, it may be time to consider Douglas Emmett IncDEI for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for DEI. This trend may have already begun, as shares of DEI have moved by higher by 6.7% in just the past month.
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05c83ff1-c8f0-4ff6-9e12-9dc4a04cdf70
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725085.0
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2016-05-02 00:00:00 UTC
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What is in Store for Rayonier's (RYN) Q1 Earnings?
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DEI
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https://www.nasdaq.com/articles/what-is-in-store-for-rayoniers-ryn-q1-earnings-2016-05-02
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nan
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nan
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Real estate investment trust ("REIT") Rayonier Inc.RYN is expected to report first-quarter 2016 results on May 4, 2016, after the market closes.
The company reported a positive earnings surprise of 28.57% in the preceding quarter, and an average beat of 20.78% for the trailing four quarters. The Zacks Consensus estimate for first-quarter earnings is currently pegged at 8 cents.
Let's see how things have shaped up prior to this announcement.
Factors to Consider
Rayonier owns or leases a 2.7 million acres of timberland in some of the most productive timber-growing regions of the U.S. and New Zealand. Importantly, the timberlands are strategically located near the pulpwood consuming mills which manufacture products for the growing end-markets. In addition, a rising demand from pellet manufacturers, mainly in Texas and Georgia, is aiding the REIT. All these should have positive impact on first-quarter 2016 results.
Also, the company enjoys favorable demand-supply dynamics and is, therefore, able to enjoy better pricing power. Further, the company aims at enhancing its timberland base through disciplined acquisition.
However, similar to other timberland REITs, Rayonier's business is governed by rules of the federal and state forestry commissions. In other words, Rayonier has to comply with stricter regulatory requirements compared with other industries. Further, higher degree of volatility in timber prices and seasonality associated with forest products industry continue to pose headwinds before the company.
Moreover, Rayonier faces cut-throat competition from national and local players regarding a number of factors, including quality and price. Also, wood products, in general, are encountering increasing rivalry from a variety of substitutes like non-wood and engineered wood products.
Earnings Whispers
Our proven model does not conclusively show that Rayonier will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.
Zacks ESP : Both the Most Accurate estimate and the Zacks Consensus Estimate currently stand at 8 cents, which translates into an Earnings ESP of 0.00%.
Zacks Rank : Rayonier's Zacks Rank #3, when combined with a 0.00% Earnings ESP, makes surprise prediction difficult.
Note that we caution against stocks with Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter:
Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. The company will report on May 3.
Gramercy Property Trust Inc. GPT has an Earnings ESP of +5.88% and a Zacks Rank #3. The company will release results on May 4.
Federal Realty Investment Trust FRT has an Earnings ESP of +1.46% and a Zacks Rank #3. The company will report first-quarter 2016 results on May 4.
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 >>
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
RAYONIER INC (RYN): Free Stock Analysis Report
FED RLTY INV (FRT): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
GRAMERCY PPT TR (GPT): 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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Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. Click to get this free report RAYONIER INC (RYN): Free Stock Analysis Report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report To read this article on Zacks.com click here. Real estate investment trust ("REIT") Rayonier Inc.RYN is expected to report first-quarter 2016 results on May 4, 2016, after the market closes.
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Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. Click to get this free report RAYONIER INC (RYN): Free Stock Analysis Report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Rank : Rayonier's Zacks Rank #3, when combined with a 0.00% Earnings ESP, makes surprise prediction difficult.
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Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. Click to get this free report RAYONIER INC (RYN): Free Stock Analysis Report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report To read this article on Zacks.com click here. Note that we caution against stocks with Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. Click to get this free report RAYONIER INC (RYN): Free Stock Analysis Report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report To read this article on Zacks.com click here. Note that we caution against stocks with Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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4dd6ab1a-0116-48ba-be91-ec91b047a88d
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725086.0
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2016-05-02 00:00:00 UTC
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RE/MAX Holdings (RMAX) Q1 Earnings: What to Expect
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DEI
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https://www.nasdaq.com/articles/re-max-holdings-rmax-q1-earnings%3A-what-to-expect-2016-05-02
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nan
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nan
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Real estate operations firm RE/MAX Holdings, Inc.RMAX is expected to report first-quarter 2016 results on May 5, 2016, after the market closes.
The company reported a positive earnings surprise of 2.70% in the preceding quarter, and an average beat of 8.21% for the trailing four quarters. The Zacks Consensus estimate for first-quarter earnings is currently pegged at 34 cents.
Let's see how things have shaped up prior to this announcement.
Factors to Consider
RE/MAX Holdings boasts a highly productive network of over 100,000 agents. In fact, since 2011, the company witnessed a consistent growth in the number of agents. In 2014 and 2015, the company recorded year over year agent growth of 5.1% and 7% respectively. We expect this trend to continue in 2016 and have a positive impact on the first-quarter results.
The housing market has witnessed a steady improvement in recent times with existing home sales in the U.S. recording a 6.3% growth rate and new home sales recording 14.6% growth rate in 2015. This improvement in the housing market is anticipated to continue going forward and impact the results of the leading franchisor of real estate brokerage services positively.
On the other hand, RE/MAX Holdings expects first-quarter 2016 revenues to decline 2-3% year over year. Further, the exchange rate fluctuation is likely to affect results of this company, going forward.
Earnings Whispers
Our proven model does not conclusively show that RE/MAX Holdings will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.
Zacks ESP : Both the Most Accurate estimate and the Zacks Consensus Estimate currently stand at 34 cents, which translates into an Earnings ESP of 0.00%.
Zacks Rank : RE/MAX Holdings' Zacks Rank #3, when combined with a 0.00% Earnings ESP, makes surprise prediction difficult.
Note that we caution against stocks with Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter:
Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. The company will report on May 3.
Gramercy Property Trust Inc. GPT has an Earnings ESP of +5.88% and a Zacks Rank #3. The company will release results on May 4.
Federal Realty Investment Trust FRT has an Earnings ESP of +1.46% and a Zacks Rank #3. The company will report first-quarter 2016 results on May 4.
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 >>
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
FED RLTY INV (FRT): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
GRAMERCY PPT TR (GPT): Free Stock Analysis Report
RE/MAX HOLDINGS (RMAX): 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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Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. Click to get this free report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report RE/MAX HOLDINGS (RMAX): Free Stock Analysis Report To read this article on Zacks.com click here. Real estate operations firm RE/MAX Holdings, Inc.RMAX is expected to report first-quarter 2016 results on May 5, 2016, after the market closes.
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Click to get this free report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report RE/MAX HOLDINGS (RMAX): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. The housing market has witnessed a steady improvement in recent times with existing home sales in the U.S. recording a 6.3% growth rate and new home sales recording 14.6% growth rate in 2015.
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Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. Click to get this free report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report RE/MAX HOLDINGS (RMAX): Free Stock Analysis Report To read this article on Zacks.com click here. Note that we caution against stocks with Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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Stocks to Consider Here are a few stocks in the REIT sector you may want to consider instead, as our model shows that they have the right combination of elements to post a positive surprise this quarter: Douglas Emmett Inc DEI has an Earnings ESP of +2.38% and a Zacks Rank #2. Click to get this free report FED RLTY INV (FRT): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report GRAMERCY PPT TR (GPT): Free Stock Analysis Report RE/MAX HOLDINGS (RMAX): Free Stock Analysis Report To read this article on Zacks.com click here. Note that we caution against stocks with Zacks Rank #4 or #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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c9f15595-7e35-4762-8120-5d9ff2378e3f
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725087.0
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2016-04-14 00:00:00 UTC
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Outfront Aids Local Business Growth with Mobile Advertising
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DEI
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https://www.nasdaq.com/articles/outfront-aids-local-business-growth-with-mobile-advertising-2016-04-14
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nan
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nan
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The Mobile Network platform of Outfront Media Inc.OUT is helping local business. In fact, the New York-based real estate investment trust ("REIT") made the announcement that more than 200 local businesses in the U.S. are using the Outfront Mobile Network.
Outfront Mobile Network is part of the company's strategic solution for location-based mobile marketing capabilities which is linked to the out-of-home campaign. The technology comes with a customized geo-fenced solution, powered by xAd, a location-based mobile marketing company. This enables it to aid businesses of every size, industry and digital style with advanced mobile advertising capabilities.
Outfront Media is a leading provider of out-of-home advertising space in key markets throughout the U.S., Canada, Mexico and South America. With billboard and transit advertising displays, the company provides advertising services to diverse industries across the 25 largest markets in the U.S. and more than 180 markets in the U.S, Canada and Latin America. Nevertheless, the Outfront Mobile Network creates a virtual radius around a business' out-of-home assets and other secondary locations to deliver a mobile banner ad that takes their target consumer to a dynamic landing page.
Outfront Media currently carries a Zacks Rank #3 (Hold). Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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 (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
OUTFRONT MEDIA (OUT): Free Stock Analysis Report
EASTRLY GOV PPT (DEA): 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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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, the New York-based real estate investment trust ("REIT") made the announcement that more than 200 local businesses in the U.S. are using the Outfront Mobile Network.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): 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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Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Outfront Mobile Network is part of the company's strategic solution for location-based mobile marketing capabilities which is linked to the out-of-home campaign.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. The Mobile Network platform of Outfront Media Inc.OUT is helping local business.
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f8a602ed-ff79-48fd-b43f-57819af5b88c
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725088.0
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2016-04-13 00:00:00 UTC
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Vornado (VNO) Considers Disposition of Skyline Office Center
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DEI
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https://www.nasdaq.com/articles/vornado-vno-considers-disposition-of-skyline-office-center-2016-04-13
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nan
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nan
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Per a news by bizjournals.com, New York-based real estate investment trust ("REIT"), Vornado Realty TrustVNO is mulling over disposing the Skyline office center, located in Baileys Crossroads. Low vacancy rates in the 2.6 million-square-foot office center and the idleness in the office leasing market in Northern Virginia might have prompted Vornado to consider such a move.
Skyline, which was only half-vacant as of Dec 31, 2015, is part of Vornado's 16.6 million-square-foot Washington D.C. portfolio. Steven Roth, the CEO of Vornado opined that the company is contemplating breaking up the Washington D.C. office market to create a smaller business unit.
Notably, tenants of Skyline include a number of government agencies including the Washington D.C.-based Fish & Wildlife Service and the McLean, VA-based Booz Allen Hamilton Holding Corporation BAH . Per the news, the Skyline center is witnessing a decline in federal spending in the recent times.
In the Apr 8, 2016 annual letter to the shareholders, filed with the Securities and Exchange Commission, Vornado, however did not say anything about how the company is going to dispose the property and to whom.
Vornado is the owner and manager of commercial real estate in the United States, with a portfolio of properties mainly in New York City and Washington D.C. areas.
Both Vornado and Booz Allen Hamilton currently carry a Zacks Rank #3 (Hold).
Investors interested in the REIT industry may consider better-ranked stocks like DCT Industrial Trust Inc. DCT , and Douglas Emmett Inc DEI . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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
VORNADO RLTY TR (VNO): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
BOOZ ALLEN HMLT (BAH): 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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Investors interested in the REIT industry may consider better-ranked stocks like DCT Industrial Trust Inc. DCT , and Douglas Emmett Inc DEI . Click to get this free report VORNADO RLTY TR (VNO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report BOOZ ALLEN HMLT (BAH): Free Stock Analysis Report To read this article on Zacks.com click here. Per a news by bizjournals.com, New York-based real estate investment trust ("REIT"), Vornado Realty TrustVNO is mulling over disposing the Skyline office center, located in Baileys Crossroads.
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Investors interested in the REIT industry may consider better-ranked stocks like DCT Industrial Trust Inc. DCT , and Douglas Emmett Inc DEI . Click to get this free report VORNADO RLTY TR (VNO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report BOOZ ALLEN HMLT (BAH): 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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Click to get this free report VORNADO RLTY TR (VNO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report BOOZ ALLEN HMLT (BAH): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider better-ranked stocks like DCT Industrial Trust Inc. DCT , and Douglas Emmett Inc DEI . Per a news by bizjournals.com, New York-based real estate investment trust ("REIT"), Vornado Realty TrustVNO is mulling over disposing the Skyline office center, located in Baileys Crossroads.
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Investors interested in the REIT industry may consider better-ranked stocks like DCT Industrial Trust Inc. DCT , and Douglas Emmett Inc DEI . Click to get this free report VORNADO RLTY TR (VNO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report BOOZ ALLEN HMLT (BAH): Free Stock Analysis Report To read this article on Zacks.com click here. Per a news by bizjournals.com, New York-based real estate investment trust ("REIT"), Vornado Realty TrustVNO is mulling over disposing the Skyline office center, located in Baileys Crossroads.
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2605b5de-f694-452f-9be4-c4ed8d5482d7
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725089.0
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2016-04-11 00:00:00 UTC
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Outfront Media (OUT) Inks Athletic Rights Deal with LSU
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DEI
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https://www.nasdaq.com/articles/outfront-media-out-inks-athletic-rights-deal-with-lsu-2016-04-11
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nan
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nan
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Outfront Media Sports Inc., a division of Outfront Media Inc.OUT has inked a deal with Louisiana State University ("LSU") for athletics marketing and multimedia rights. The new exclusive deal, through the 2025-2026 season with the New York-based real estate investment trust ("REIT") across LSU's athletic facilities and events, highlights the commitment of Outfront Media to promote sports opportunities across the out-of-home media platforms.
The partnership with Outfront Media guarantees the most effective media experience for the fans of LSU and aids in sustaining excellence. Outfront Media is well aware of the natural excitement associated with LSU athletics, and the student athletes, coaches and fans gain enormously from the resources the company offers to LSU.
In fact, Outfront Media and LSU have been working in tandem since 2005 and the relationship hinges on trust and tradition. The latest agreement for another decade epitomizes the quality of relationships that Outfront Media has with various universities and sports franchises.
Outfront Media is a leading provider of out-of-home advertising space in key markets throughout the U.S., Canada, Mexico and South America. With billboard and transit advertising displays, the company provides advertising services to diverse industries across the 25 largest markets in the U.S. and more than 180 markets in the U.S, Canada and Latin America.
Outfront Media currently carries a Zacks Rank #3 (Hold). Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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 (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
OUTFRONT MEDIA (OUT): Free Stock Analysis Report
EASTRLY GOV PPT (DEA): 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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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, Outfront Media and LSU have been working in tandem since 2005 and the relationship hinges on trust and tradition.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): 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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Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Outfront Media Sports Inc., a division of Outfront Media Inc.OUT has inked a deal with Louisiana State University ("LSU") for athletics marketing and multimedia rights.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Outfront Media is well aware of the natural excitement associated with LSU athletics, and the student athletes, coaches and fans gain enormously from the resources the company offers to LSU.
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3748eb23-3aba-4fa8-979e-0527d47428ac
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725090.0
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2016-04-11 00:00:00 UTC
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Digital Realty (DLR) Prices Euro 600M Guaranteed Notes
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DEI
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https://www.nasdaq.com/articles/digital-realty-dlr-prices-euro-600m-guaranteed-notes-2016-04-11
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nan
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nan
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Digital Realty Trust Inc.DLR made the announcement of pricing of notes by Digital Euro Finco, LLC, a subsidiary of its operating partnership, Digital Realty Trust, L.P. The pricing of guaranteed notes offering of a principal amount of €600 million aggregate is anticipated to add to the liquidity strength of the San Francisco, CA-based real estate investment trust ("REIT").
The interest on the guaranteed notes due in 2024 will be paid at a rate of interest of 2.625% per annum, payable yearly. Subject to the fulfillment of certain customary closing conditions, the offering is anticipated to close on Apr 15, 2016. Digital Realty has plans to utilize the net proceeds generated from this offering for temporary repayment of borrowing under its revolving credit facility.
Digital Realty is engaged in owning, acquiring, repositioning and managing technology-related real estate. The portfolio of the company includes applications and operations critical to the day-to-day operations of technology industry tenants.
Digital Realty currently carries a Zacks Rank #3 (Hold). Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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
DIGITAL RLTY TR (DLR): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
EASTRLY GOV PPT (DEA): 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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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. The pricing of guaranteed notes offering of a principal amount of €600 million aggregate is anticipated to add to the liquidity strength of the San Francisco, CA-based real estate investment trust ("REIT").
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): 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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Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Digital Realty Trust Inc.DLR made the announcement of pricing of notes by Digital Euro Finco, LLC, a subsidiary of its operating partnership, Digital Realty Trust, L.P.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Digital Realty Trust Inc.DLR made the announcement of pricing of notes by Digital Euro Finco, LLC, a subsidiary of its operating partnership, Digital Realty Trust, L.P.
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c2c87905-e2c4-4d48-a39d-f2466da61a9c
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725091.0
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2016-04-06 00:00:00 UTC
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Prologis (PLD) Rewards its Shareholders: Should You Buy?
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DEI
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https://www.nasdaq.com/articles/prologis-pld-rewards-its-shareholders%3A-should-you-buy-2016-04-06
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nan
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nan
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On Apr 5, 2016, we issued an updated research report on Prologis, Inc.PLD . This San Francisco, CA-based real estate investment trust (REIT) is engaged in acquisition, development, operation and management of industrial real estate space in the Americas, Asia and Europe.
In Jan 2016, Prologis reported fourth-quarter 2015 core funds from operations ("FFO") of 64 cents per share, beating the Zacks Consensus Estimate by 2 cents and improving from the year-ago quarter figure of 48 cents. Results were driven by growth in revenues and occupancy gains. Further, the company expects 2016 core FFO in the range of $2.50-$2.60 per share, reflecting an expected growth of 14% year over year.
Notably, Prologis follows the long-term strategy of providing attractive risk-adjusted returns. In Feb 2016, Prologis' board approved a 10.5% hike in its annualized dividend rate to $1.68 from the prior year, rewarding the shareholders. In 2015, on a combined basis, Prologis raised dividend by 21% from that of 2014, on a run-rate basis.
Prologis currently carries a Zacks Rank #2 (Buy). Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Each of these stocks holds the same Zacks Rank as Prologis.
Note: FFO, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
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 >>
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
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
EASTRLY GOV PPT (DEA): 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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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report PROLOGIS INC (PLD): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. This San Francisco, CA-based real estate investment trust (REIT) is engaged in acquisition, development, operation and management of industrial real estate space in the Americas, Asia and Europe.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report PROLOGIS INC (PLD): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): 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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Click to get this free report PROLOGIS INC (PLD): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . In Jan 2016, Prologis reported fourth-quarter 2015 core funds from operations ("FFO") of 64 cents per share, beating the Zacks Consensus Estimate by 2 cents and improving from the year-ago quarter figure of 48 cents.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report PROLOGIS INC (PLD): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Further, the company expects 2016 core FFO in the range of $2.50-$2.60 per share, reflecting an expected growth of 14% year over year.
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7d3b8750-aea2-401a-8148-70cda4c290ac
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725092.0
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2016-04-06 00:00:00 UTC
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Zacks.com featured expert Kevin Matras highlights: Dollar General, Universal Forest Products, Johnson & Johnson, Texas Roadhouse and Douglas Emmett
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DEI
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https://www.nasdaq.com/articles/zacks.com-featured-expert-kevin-matras-highlights%3A-dollar-general-universal-forest
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nan
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For Immediate Release
Chicago, IL - April 06, 2016 - Stocks in this week's article include: Dollar General ( DG ), Universal Forest Products ( UFPI ), Johnson & Johnson ( JNJ ), Texas Roadhouse ( TXRH ) and Douglas Emmett ( DEI ).
Kevin Matras shows why stocks with new analyst coverage are stocks you want to have.
Screen of the Week written by Kevin Matras of Zacks Investment Research:
Winning Stock Picks from the Top 5 Industries with the Biggest Job Growth
Every week the government and other entities release economic reports that cover all areas of the economy - from retail sales to housing, to international trade to consumer sentiment.
In fact, on virtually any given day there could be anywhere from one to a handful of reports.
And while the financial media does cover them, they usually focus on headline numbers without doing a deeper dive.
This is unfortunate because within these reports often exists money-making details that can quickly be uncovered with just an extra few minutes of reading.
For example, in the Employment Situation report, it details what sectors saw the most new jobs or labor force expansion, and which ones contracted.
I can remember countless times where that report got me into the right sectors and industries at the right time before anybody else was talking about them.
In fact, I still remember getting into housing in early 2012 while everybody else was staying as far away from it as possible. But, after seeing construction jobs continue to rise in report after report after report, I knew the housing market had turned. And that was one of the first alerts to the housing recovery - for those who knew where to look.
But the headline number and the obligatory one-or-two-sentence write ups on many news sites missed the best part of the story by not going the extra mile (or paragraph).
Well here we are again, with more stock-picking insight, straight from last week's Employment Situation report. Last week it showed that some of the biggest job creation came from these three industries:
1) Retail Trade +48,000
(up 378,000 over the last 12 months)
2) Construction +37,000
(up 301,000 over the last 12 months)
3) Health Care +37,000
(up 503,000 over the last 12 months)
4) Food Service and Drinking Places +25,000
5) Financial Activities +15,000
Once these reports point you in the right direction, you can then plug in the appropriate sectors and industries to capitalize on this information and find the best stocks within those groups.
This is just one very specific way to do top down analysis. But you can go to any screener (like the one on Zacks.com or the Research Wizard) and locate the sector, then industry of interest.
Then you should add in your favorite and most successful stock-picking criteria to drill down to the best ones, such as Zacks Rank 1s or 2s (Strong Buys or Buys); market-beating growth rates; below industry valuations; upward earnings estimate revisions, etc.
Here are 5 stocks from some of the industries singled out as the biggest job creators in last week's Employment report:
( DG ) Dollar General
(Retail Trade)
( UFPI ) Universal Forest Products
(Construction)
( JNJ ) Johnson & Johnson
(Health Care)
( TXRH ) Texas Roadhouse
(Food Services and Drinking Places Manufacturing)
( DEI ) Douglas Emmett
(Financial Activities)
Profitable stock ideas can come at any time and any place. But instead of waiting for the next great stock to fall into your lap, you can actively search for them. And by reading a few extra reports and then putting those ideas into a capable screener, you'll soon be amazed at some of the new picks you come up with.
And you'll feel pretty smart after finding them too.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your trial to the Research Wizard today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Want more articles from this author? Scroll up to the top of this article and click the FOLLOW AUTHOR button to get an email each time a new article is published.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks' portfolios and strategies are available at: http://www.zacks.com/performance .
- See more at: http://www.zacks.com/commentary/73867/two-items-added-to-the-zacks-rank-for-explosive-returns#sthash.6JqOMzIO.dpuf
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here http://at.zacks.com/?id=112
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com.
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
DOLLAR GENERAL (DG): Free Stock Analysis Report
UNIVL FST PRODS (UFPI): Free Stock Analysis Report
JOHNSON & JOHNS (JNJ): Free Stock Analysis Report
TEXAS ROADHOUSE (TXRH): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): 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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Here are 5 stocks from some of the industries singled out as the biggest job creators in last week's Employment report: ( DG ) Dollar General (Retail Trade) ( UFPI ) Universal Forest Products (Construction) ( JNJ ) Johnson & Johnson (Health Care) ( TXRH ) Texas Roadhouse (Food Services and Drinking Places Manufacturing) ( DEI ) Douglas Emmett (Financial Activities) Profitable stock ideas can come at any time and any place. For Immediate Release Chicago, IL - April 06, 2016 - Stocks in this week's article include: Dollar General ( DG ), Universal Forest Products ( UFPI ), Johnson & Johnson ( JNJ ), Texas Roadhouse ( TXRH ) and Douglas Emmett ( DEI ). Click to get this free report DOLLAR GENERAL (DG): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report TEXAS ROADHOUSE (TXRH): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - April 06, 2016 - Stocks in this week's article include: Dollar General ( DG ), Universal Forest Products ( UFPI ), Johnson & Johnson ( JNJ ), Texas Roadhouse ( TXRH ) and Douglas Emmett ( DEI ). Here are 5 stocks from some of the industries singled out as the biggest job creators in last week's Employment report: ( DG ) Dollar General (Retail Trade) ( UFPI ) Universal Forest Products (Construction) ( JNJ ) Johnson & Johnson (Health Care) ( TXRH ) Texas Roadhouse (Food Services and Drinking Places Manufacturing) ( DEI ) Douglas Emmett (Financial Activities) Profitable stock ideas can come at any time and any place. Click to get this free report DOLLAR GENERAL (DG): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report TEXAS ROADHOUSE (TXRH): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report To read this article on Zacks.com click here.
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Here are 5 stocks from some of the industries singled out as the biggest job creators in last week's Employment report: ( DG ) Dollar General (Retail Trade) ( UFPI ) Universal Forest Products (Construction) ( JNJ ) Johnson & Johnson (Health Care) ( TXRH ) Texas Roadhouse (Food Services and Drinking Places Manufacturing) ( DEI ) Douglas Emmett (Financial Activities) Profitable stock ideas can come at any time and any place. Click to get this free report DOLLAR GENERAL (DG): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report TEXAS ROADHOUSE (TXRH): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - April 06, 2016 - Stocks in this week's article include: Dollar General ( DG ), Universal Forest Products ( UFPI ), Johnson & Johnson ( JNJ ), Texas Roadhouse ( TXRH ) and Douglas Emmett ( DEI ).
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Click to get this free report DOLLAR GENERAL (DG): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report JOHNSON & JOHNS (JNJ): Free Stock Analysis Report TEXAS ROADHOUSE (TXRH): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - April 06, 2016 - Stocks in this week's article include: Dollar General ( DG ), Universal Forest Products ( UFPI ), Johnson & Johnson ( JNJ ), Texas Roadhouse ( TXRH ) and Douglas Emmett ( DEI ). Here are 5 stocks from some of the industries singled out as the biggest job creators in last week's Employment report: ( DG ) Dollar General (Retail Trade) ( UFPI ) Universal Forest Products (Construction) ( JNJ ) Johnson & Johnson (Health Care) ( TXRH ) Texas Roadhouse (Food Services and Drinking Places Manufacturing) ( DEI ) Douglas Emmett (Financial Activities) Profitable stock ideas can come at any time and any place.
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2b8fcaae-f1be-415b-ac7d-36b809b752e7
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725093.0
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2016-04-05 00:00:00 UTC
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STAG Industrial (STAG) Unveils 1Q16 Transaction Activities
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DEI
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https://www.nasdaq.com/articles/stag-industrial-stag-unveils-1q16-transaction-activities-2016-04-05
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nan
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nan
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STAG Industrial, Inc.STAG , the Boston, MA-based real estate investment trust ("REIT") recently declared its acquisition, disposition and leasing activities for first-quarter 2016.
STAG Industrial focuses on acquisition, ownership and management of single-tenant industrial properties throughout the U.S. In first-quarter 2016, the company acquired five buildings, two in the state of Maine, two in Indiana and one in the state of Tennessee, for around $27.9 million. The buildings, spanning 710,754 square feet, were 62.7% occupied. Two buildings in Portland-South Portland, ME, covering an area of 265,126 square feet, were purchased for $12.5 million. Further, two properties in Cincinnati, OH-KY-IN covering an area of 206,448 and 108,620 square feet were bought for $5.3 million and $5.6 million respectively. The 130,560 square feet Knoxville, TN-based property was acquired for $4.5 million.
Also, during the first-quarter 2016, STAG Industrial sold four buildings, spanning over an area of around 1.2 million square feet for a sum of $32.8 million.
During first-quarter 2016, STAG Industrial leased around 2 million square feet of space which included 172,689 square feet of new leases, 1,533,041 square feet of renewal leases and 315,620 square feet of temporary leases.
Currently, STAG Industrial carries a Zacks Rank #3 (Hold).
Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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 (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
STAG INDUSTRIAL (STAG): Free Stock Analysis Report
EASTRLY GOV PPT (DEA): 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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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report STAG INDUSTRIAL (STAG): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. STAG Industrial, Inc.STAG , the Boston, MA-based real estate investment trust ("REIT") recently declared its acquisition, disposition and leasing activities for first-quarter 2016.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report STAG INDUSTRIAL (STAG): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. During first-quarter 2016, STAG Industrial leased around 2 million square feet of space which included 172,689 square feet of new leases, 1,533,041 square feet of renewal leases and 315,620 square feet of temporary leases.
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Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report STAG INDUSTRIAL (STAG): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Also, during the first-quarter 2016, STAG Industrial sold four buildings, spanning over an area of around 1.2 million square feet for a sum of $32.8 million.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report STAG INDUSTRIAL (STAG): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. The 130,560 square feet Knoxville, TN-based property was acquired for $4.5 million.
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d013dc17-09ff-4e43-8dee-6b6fbef9e159
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725094.0
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2016-03-29 00:00:00 UTC
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Alexandria & TMG Propose Plans for Mixed-Use Development
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DEI
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https://www.nasdaq.com/articles/alexandria-tmg-propose-plans-for-mixed-use-development-2016-03-29
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nan
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nan
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Pasadena, CA-based real estate investment trust Alexandria Real Estate Equities, Inc.ARE and San Francisco-based TMG Partners have submitted a revised Preliminary Project Assessment ("PPA") plan for a mixed-use project at 88 Bluxome Street. The revised property plan, spread over 2.6 acres, in the heart of South of Market ("SoMa") neighborhood has been submitted to the San Francisco City Planning Department.
The construction of the Central Subway station in the same block as the property adds to its attraction.
The PPA necessitates the project to be anchored by commercial office, retail, and production, distribution and repair (PDR) space. The aim is to support the Central SoMa Plan's objective of creating jobs along the new transit line. The project delves into various community priorities for the benefit of the greater San Francisco area.
Alexandria is mainly engaged in the ownership, operation, management, selective redevelopment, development and acquisition of life science properties. Both Alexandria and TMG Partners intend to fulfill the goals of the Central SoMa Plan.
Alexandria currently carries a Zacks Rank #3 (Hold).
Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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 (DEI): Free Stock Analysis Report
ALEXANDRIA REAL (ARE): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
EASTRLY GOV PPT (DEA): 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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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report ALEXANDRIA REAL (ARE): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Pasadena, CA-based real estate investment trust Alexandria Real Estate Equities, Inc.ARE and San Francisco-based TMG Partners have submitted a revised Preliminary Project Assessment ("PPA") plan for a mixed-use project at 88 Bluxome Street.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report ALEXANDRIA REAL (ARE): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Pasadena, CA-based real estate investment trust Alexandria Real Estate Equities, Inc.ARE and San Francisco-based TMG Partners have submitted a revised Preliminary Project Assessment ("PPA") plan for a mixed-use project at 88 Bluxome Street.
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Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report ALEXANDRIA REAL (ARE): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Pasadena, CA-based real estate investment trust Alexandria Real Estate Equities, Inc.ARE and San Francisco-based TMG Partners have submitted a revised Preliminary Project Assessment ("PPA") plan for a mixed-use project at 88 Bluxome Street.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report ALEXANDRIA REAL (ARE): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Pasadena, CA-based real estate investment trust Alexandria Real Estate Equities, Inc.ARE and San Francisco-based TMG Partners have submitted a revised Preliminary Project Assessment ("PPA") plan for a mixed-use project at 88 Bluxome Street.
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19d0c748-6a37-4ee4-9c52-e2e39debeb11
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725095.0
|
2016-03-29 00:00:00 UTC
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Outfront (OUT) and WMATA Extend Long-term Relationship
|
DEI
|
https://www.nasdaq.com/articles/outfront-out-and-wmata-extend-long-term-relationship-2016-03-29
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nan
|
nan
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Outfront Media Inc.OUT recently announced a move that extends its long-term relationship with the Washington Metropolitan Area Transit Authority ("WMATA"). On Mar 23, 2016, the New York-based real estate investment trust ("REIT") deployed ON Smart Media displays at the entrance/exit way Navy Yard station of Green Line, just a block away from Nationals Park baseball stadium.
This ON Smart Media platform has not only provided WMATA a smart technology to keep countless passengers updated, but also the advertising partners of Outfront has received a wonderful platform with huge audience. The 15-second visual advertising slots, alternating with important information for the passengers, have opened up huge opportunities for WMATA.
Outfront is a lessor of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The company's portfolio mainly consists of billboard displays.
Notably, Outfront reported fourth-quarter 2015 net loss per share of 54 cents, as against net income of 23 cents per share recorded in the prior-year quarter. Earnings, excluding the losses on sale of real estate assets, were recorded at 21 cents per share during fourth-quarter 2015, down from 25 cents earned in the prior-year quarter. The Zacks Consensus Estimate for fourth-quarter earnings was pegged at 53 cents per share.
Outfront currently carries a Zacks Rank #3 (Hold).
Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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 (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): Free Stock Analysis Report
OUTFRONT MEDIA (OUT): Free Stock Analysis Report
EASTRLY GOV PPT (DEA): 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.
|
Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Outfront Media Inc.OUT recently announced a move that extends its long-term relationship with the Washington Metropolitan Area Transit Authority ("WMATA").
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Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . On Mar 23, 2016, the New York-based real estate investment trust ("REIT") deployed ON Smart Media displays at the entrance/exit way Navy Yard station of Green Line, just a block away from Nationals Park baseball stadium.
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Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Notably, Outfront reported fourth-quarter 2015 net loss per share of 54 cents, as against net income of 23 cents per share recorded in the prior-year quarter.
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Investors interested in the REIT industry may consider stocks like DCT Industrial Trust Inc. DCT , Easterly Government Properties, Inc. DEA and Douglas Emmett Inc DEI . Click to get this free report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report OUTFRONT MEDIA (OUT): Free Stock Analysis Report EASTRLY GOV PPT (DEA): Free Stock Analysis Report To read this article on Zacks.com click here. Each of these stocks holds a Zacks Rank #2 (Buy).
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68bb4748-77e6-4db0-934d-91806a665579
|
725096.0
|
2016-03-28 00:00:00 UTC
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Douglas Emmett, Inc. (DEI) Ex-Dividend Date Scheduled for March 29, 2016
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DEI
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https://www.nasdaq.com/articles/douglas-emmett-inc-dei-ex-dividend-date-scheduled-march-29-2016-2016-03-28
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nan
|
nan
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 29, 2016. A cash dividend payment of $0.22 per share is scheduled to be paid on April 15, 2016. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.76% increase over the same period a year ago.
The previous trading day's last sale of DEI was $29.62, representing a -8.35% decrease from the 52 week high of $32.32 and a 19.77% increase over the 52 week low of $24.73.
DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). DEI's current earnings per share, an indicator of a company's profitability, is $.36. Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 5.98%, compared to an industry average of 4.8%.
For more information on the declaration, record and payment dates, visit the DEI Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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.
|
Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. DEI is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and Public Storage ( PSA ). Zacks Investment Research reports DEI's forecasted earnings growth in 2016 as 5.98%, compared to an industry average of 4.8%.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. 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 ) will begin trading ex-dividend on March 29, 2016.
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Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $29.62, representing a -8.35% decrease from the 52 week high of $32.32 and a 19.77% increase over the 52 week low of $24.73. For more information on the declaration, record and payment dates, visit the DEI Dividend History page.
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Douglas Emmett, Inc. ( DEI ) will begin trading ex-dividend on March 29, 2016. Shareholders who purchased DEI prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of DEI was $29.62, representing a -8.35% decrease from the 52 week high of $32.32 and a 19.77% increase over the 52 week low of $24.73.
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5c18c731-3ba1-4977-a729-28ecb137df67
|
725097.0
|
2016-03-28 00:00:00 UTC
|
First Potomac (FPO) Sells 26 Buildings to Finmarc for $96M
|
DEI
|
https://www.nasdaq.com/articles/first-potomac-fpo-sells-26-buildings-to-finmarc-for-%2496m-2016-03-28
|
nan
|
nan
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Per a news by bizjournals.com, First Potomac Realty Trust 's FPO portfolio of 26 Northern Virginia buildings has been purchased by commercial real estate company, Finmarc Management Inc., for $96 million. This is part of the Bethesda, MD-based real estate investment trust's strategy to re-position its portfolio to maximize the value of its assets. (Read more: First Potomac Reshaping to Tap Washington Office Market ).
Per the news, First Potomac Realty's new CEO Bob Malkovich, chalked out a detailed repositioning strategy last month. The plan involved disposition of around $350 million worth of commercial real estate across the region.
For Finmarc Management, this buyout is likely to be accretive as it strengthens its footing in the Northern Virginia market. In fact, the buildings purchased by Finmarc Management spans over total office, flex/office and warehouse space of around 950,000 square feet. Situated in Reston, Herndon, Manassas, Merrifield and Chantilly, 76% of the total space is leased to 70 tenants.
First Potomac Realty currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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
DIGITAL RLTY TR (DLR): Free Stock Analysis Report
FIRST POTOMAC (FPO): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): 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.
|
Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report FIRST POTOMAC (FPO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. Per a news by bizjournals.com, First Potomac Realty Trust 's FPO portfolio of 26 Northern Virginia buildings has been purchased by commercial real estate company, Finmarc Management Inc., for $96 million.
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Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report FIRST POTOMAC (FPO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. Per a news by bizjournals.com, First Potomac Realty Trust 's FPO portfolio of 26 Northern Virginia buildings has been purchased by commercial real estate company, Finmarc Management Inc., for $96 million.
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Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report FIRST POTOMAC (FPO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Per a news by bizjournals.com, First Potomac Realty Trust 's FPO portfolio of 26 Northern Virginia buildings has been purchased by commercial real estate company, Finmarc Management Inc., for $96 million.
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Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report FIRST POTOMAC (FPO): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. Per a news by bizjournals.com, First Potomac Realty Trust 's FPO portfolio of 26 Northern Virginia buildings has been purchased by commercial real estate company, Finmarc Management Inc., for $96 million.
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116bb4b3-9e38-4471-b36a-59b1ce888fba
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725098.0
|
2016-03-28 00:00:00 UTC
|
National Health Investors Commits $14M Mezzanine Loan
|
DEI
|
https://www.nasdaq.com/articles/national-health-investors-commits-%2414m-mezzanine-loan-2016-03-28
|
nan
|
nan
|
National Health Investors Inc.NHI , the Murfreesboro, TN-based real estate investment trust ("REIT") has entered into a construction mezzanine loan agreement with its Charlotte, NC-based tenant, Senior Living Communities, LLC ("SLC"). The total loan commitment of $14 million is for the construction of a senior housing community in Daniel Island, SC, near Charleston. This mezzanine loan agreement with Senior SLC helps National Health Investors bolster its relationship with the former and provides the opportunity to add more top-class senior housing communities in its portfolio.
The loan will be funded on a monthly basis and is expected to be fully funded by the end of this year. It bears an annual rate of interest of 10% which is slated to mature in five years. Construction work at the project is likely to begin soon and is expected to be completed by the end of next year.
National Health Investors invests in income producing health care properties, primarily in the long-term care industry. Presently, National Health Investors leases eight senior housing communities to SLC. This includes independent living units, assisted living/memory care units and skilled nursing beds of 1033, 410 and 228, respectively.
National Health Investors currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Each of these stocks holds a Zacks Rank #2 (Buy).
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 >>
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
DIGITAL RLTY TR (DLR): Free Stock Analysis Report
NATL HEALTH INV (NHI): Free Stock Analysis Report
DOUGLAS EMMETT (DEI): Free Stock Analysis Report
DCT INDUSTRIAL (DCT): 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.
|
Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report NATL HEALTH INV (NHI): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. National Health Investors Inc.NHI , the Murfreesboro, TN-based real estate investment trust ("REIT") has entered into a construction mezzanine loan agreement with its Charlotte, NC-based tenant, Senior Living Communities, LLC ("SLC").
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Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report NATL HEALTH INV (NHI): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. This mezzanine loan agreement with Senior SLC helps National Health Investors bolster its relationship with the former and provides the opportunity to add more top-class senior housing communities in its portfolio.
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Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report NATL HEALTH INV (NHI): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . National Health Investors Inc.NHI , the Murfreesboro, TN-based real estate investment trust ("REIT") has entered into a construction mezzanine loan agreement with its Charlotte, NC-based tenant, Senior Living Communities, LLC ("SLC").
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Some better-ranked stocks in the REIT space include Douglas Emmett Inc DEI , DCT Industrial Trust Inc. DCT and Digital Realty Trust Inc. DLR . Click to get this free report DIGITAL RLTY TR (DLR): Free Stock Analysis Report NATL HEALTH INV (NHI): Free Stock Analysis Report DOUGLAS EMMETT (DEI): Free Stock Analysis Report DCT INDUSTRIAL (DCT): Free Stock Analysis Report To read this article on Zacks.com click here. National Health Investors Inc.NHI , the Murfreesboro, TN-based real estate investment trust ("REIT") has entered into a construction mezzanine loan agreement with its Charlotte, NC-based tenant, Senior Living Communities, LLC ("SLC").
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48cd35f6-19bb-4096-8481-e380a8375f82
|
725099.0
|
2016-01-29 00:00:00 UTC
|
Bullish Two Hundred Day Moving Average Cross - DEI
|
DEI
|
https://www.nasdaq.com/articles/bullish-two-hundred-day-moving-average-cross-dei-2016-01-29
|
nan
|
nan
|
In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $29.44, changing hands as high as $29.69 per share. Douglas Emmett Inc shares are currently trading up about 2.4% 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 $26.67 per share, with $32.32 as the 52 week high point - that compares with a last trade of $29.58.
According to the ETF Finder at ETF Channel, DEI makes up 1.15% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 2.5% on the day Friday.
Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »
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.
|
In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $29.44, changing hands as high as $29.69 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 $26.67 per share, with $32.32 as the 52 week high point - that compares with a last trade of $29.58. According to the ETF Finder at ETF Channel, DEI makes up 1.15% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 2.5% on the day Friday.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $29.44, changing hands as high as $29.69 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 $26.67 per share, with $32.32 as the 52 week high point - that compares with a last trade of $29.58. According to the ETF Finder at ETF Channel, DEI makes up 1.15% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 2.5% on the day Friday.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $29.44, changing hands as high as $29.69 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 $26.67 per share, with $32.32 as the 52 week high point - that compares with a last trade of $29.58. According to the ETF Finder at ETF Channel, DEI makes up 1.15% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 2.5% on the day Friday.
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In trading on Friday, shares of Douglas Emmett Inc (Symbol: DEI) crossed above their 200 day moving average of $29.44, changing hands as high as $29.69 per share. According to the ETF Finder at ETF Channel, DEI makes up 1.15% of the PowerShares S&P MidCap Low Volatility Portfolio ETF (Symbol: XMLV) which is trading higher by about 2.5% on the day Friday. 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 $26.67 per share, with $32.32 as the 52 week high point - that compares with a last trade of $29.58.
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cfca1330-2d48-4e2b-ba4c-8fde1301717d
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