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Douglas Emmett is an office REIT with 20% multifamily exposure exclusively focused on California and Hawaii. Performance so far in 2024 has been in line with the Vanguard Real Estate Index Fund ETF with the shares delivering a circa 12.7% total return. I expect the REIT to outperform going forward thanks to a 9.5x FFO multiple and a market-implied cap rate between 7% and 8.9% depending on the cash flow measure used.

SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on October 16, 2024 to shareholders of record as of September 30, 2024. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (RE.

Jack Daniel's maker Brown-Forman Corp. is just the latest major company to reverse its DEI programs after pushback on social media.

Harley-Davidson Inc. on Monday became the latest company to make changes to its diversity and inclusion efforts following pressure from activists.

Douglas Emmett, Inc. (NYSE:DEI ) Q2 2024 Earnings Conference Call August 9, 2024 2:00 PM ET Company Participants Stuart McElhinney - Vice President of Investor Relations Jordan Kaplan - President and Chief Executive Officer Kevin Crummy - Chief Investment Officer Peter Seymour - Chief Financial Officer Conference Call Participants Blaine Heck - Wells Fargo Alexander Goldfarb - Piper Sandler Michael Griffin - Citi Steve Sakwa - Evercore ISI John Kim - BMO Capital Markets Upal Rana - KeyBanc Capital Markets Peter Abramowitz - Jefferies Camille Bonnel - Bank of America Richard Anderson - Wedbush Operator Ladies and gentlemen, thank you for standing by. Welcome to Douglas Emmett's Quarterly Conference Call.

While the top- and bottom-line numbers for Douglas Emmett (DEI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.48 per share a year ago.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Douglas Emmett (DEI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on July 16, 2024 to shareholders of record as of June 28, 2024. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and.

Douglas Emmett is an office REIT focused on California and Hawaii, with 20% of annual rent coming from multifamily properties. Operational performance is very polarized, with an 80.8% leased rate for offices but 98.9% for residential. The majority of the company's interest rate swaps will expire in the next two years, straining cash generation for shareholders.