La vendita allo scoperto per Douglas Emmett dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Douglas Emmett. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Douglas Emmett (NYSE:DEI) Azioni, Report sulle vendite allo scoperto

Douglas Emmett

Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms.

Douglas Emmett Inc

Northern Lights Fund Trust IV Sterling Capital Diverse Multi-Manager Active ETF

DEVRO INTL PLC ORD by Devro International PLC

DOUGLAS EMMETT REIT ORD

As of Oct. 16, 2024, two stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to Benzinga Pro. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Kilroy Realty Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRC#NYSE">KRC</a>)</h3>
<ul>
<li>Kilroy Realty will release third quarter 2024 financial results after the closing bell on Monday, Oct. 28. The company's stock gained around 11% over the past five days and has a <a href="https://www.benzinga.com/quote/KRC">52-week high of $43.37</a>.</li>
<li>RSI Value: 72.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>KRC Price Action: Shares of Kilroy Realty gained 3.2% to trade at $41.40 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Douglas Emmett Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>)</h3>
<ul>
<li>Douglas Emmett said it will release its 2024 third quarter earnings results after the closing bell on Monday, Nov. 4. The company's stock gained around 11% over the past month and <a href="https://www.benzinga.com/quote/DEI">has a 52-week high</a> of $18.78.</li>
<li>RSI Value: 73.78</li>
<li>DEI Price Action: Shares of Douglas Emmett rose 2.3% to trade at $18.78 on Wednesday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h">United Airlines Posts Upbeat Earnings, Joins Morgan Stanley, U.S. Bancorp And Other Big Stocks Moving Higher On Wednesday</a></li>
</ul>

News

Short Ideas

Markets

Trading Ideas

Top 2 Real Estate Stocks That May Fall Off A Cliff In Q4

Citigroup analyst Emmanuel Korchman maintains Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) with a Neutral and raises the price target from $14 to $16.

Price Target

Analyst Ratings

Citigroup Maintains Neutral on Douglas Emmett, Raises Price Target to $16

Wells Fargo analyst Blaine Heck maintains Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) with a Overweight and raises the price target from $15 to $17.

Wells Fargo Maintains Overweight on Douglas Emmett, Raises Price Target to $17

In the latest quarter, 4 analysts provided ratings for Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>), showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $16.5, a high estimate of $18.00, and a low estimate of $16.00. This current average has increased by 11.86% from the previous average price target of $14.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1725904838_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A comprehensive examination of how financial experts perceive Douglas Emmett is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Anthony Paolone</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$16.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$16.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Alexander Goldfarb</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$15.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Douglas Emmett. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Douglas Emmett compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Douglas Emmett's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Douglas Emmett's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/DEI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Douglas Emmett analyst ratings.</a>
<h2>Delving into Douglas Emmett's Background</h2>
Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms.
<h3>Douglas Emmett's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, Douglas Emmett faced challenges, resulting in a decline of approximately -3.01% in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Douglas Emmett's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.29% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Douglas Emmett's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 0.48%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Douglas Emmett's ROA stands out, surpassing industry averages. With an impressive ROA of 0.11%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Douglas Emmett's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.57, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: What Are They?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Douglas Emmett: Insights From 4 Financial Analysts

JP Morgan analyst Anthony Paolone maintains Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) with a Neutral and raises the price target from $15 to $18.

JP Morgan Maintains Neutral on Douglas Emmett, Raises Price Target to $18

Evercore ISI Group analyst Steve Sakwa maintains Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) with a In-Line and raises the price target from $15 to $16.

Evercore ISI Group Maintains In-Line on Douglas Emmett, Raises Price Target to $16

Scotiabank analyst Nicholas Yulico maintains Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) with a Sector Perform and raises the price target from $14 to $16.

Scotiabank Maintains Sector Perform on Douglas Emmett, Raises Price Target to $16

Piper Sandler analyst Alexander Goldfarb maintains Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) with a Neutral and raises the price target from $15 to $16.

Piper Sandler Maintains Neutral on Douglas Emmett, Raises Price Target to $16

2024 Guidance(1)
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Metric</td>
<td colspan="3">Per Share</td>
</tr>
<tr>
<td colspan="3">Net income per common share - diluted</td>
<td colspan="3">$0.05 to $0.09</td>
</tr>
<tr>
<td colspan="3">FFO per share - fully diluted</td>
<td colspan="3">$1.65 to $1.69</td>
</tr>
</tbody>
</table>
</figure>
 &nbsp;
Assumptions
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Metric</td>
<td colspan="3">Assumption Range</td>
<td colspan="3">Compared to Prior Assumption</td>
</tr>
<tr>
<td colspan="3">Average Office Occupancy</td>
<td colspan="3">78% to 81%</td>
<td colspan="3">Unchanged</td>
</tr>
<tr>
<td colspan="3">Residential Leased Rate</td>
<td colspan="3">Essentially fully leased</td>
<td colspan="3">Unchanged</td>
</tr>
<tr>
<td colspan="3">Same Property Cash NOI Growth</td>
<td colspan="3">-4.0% to -2.5%</td>
<td colspan="3">Unchanged</td>
</tr>
<tr>
<td colspan="3">Above/Below Market Net Revenue</td>
<td colspan="3">$6 to $10 million</td>
<td colspan="3">Unchanged</td>
</tr>
<tr>
<td colspan="3">Straight-line Revenue</td>
<td colspan="3">$2 to $5 million</td>
<td colspan="3">Unchanged</td>
</tr>
<tr>
<td colspan="3">G &amp; A Expenses</td>
<td colspan="3">$48 to $52 million</td>
<td colspan="3">Unchanged</td>
</tr>
<tr>
<td colspan="3">Interest Expense</td>
<td colspan="3">$225 to $235 million</td>
<td colspan="3">Unchanged</td>
</tr>
<tr>
<td colspan="3">Weighted average fully diluted shares outstanding</td>
<td colspan="3">202.0 million</td>
<td colspan="3">Unchanged</td>
</tr>
</tbody>
</table>
</figure>
________________________________________________________________
(1) All of our assumptions include 100% of our consolidated JVs share, not our pro rata share. Except as disclosed, our guidance does not include the impact of future property acquisitions or dispositions, common stock sales or repurchases, financings, property damage insurance recoveries, impairment charges or other possible capital markets activities.
The guidance and representative assumptions on this page are forward looking statements, subject to the safe harbor contained at the beginning of this Earnings Package, and reflect our views of current and future market conditions. Ranges represent a set of likely assumptions, but actual results could fall outside the ranges presented. Only a few of our assumptions underlying our guidance are disclosed above, and our actual results will be affected by known and unknown risks, trends, uncertainties and other factors, some of which are beyond our control or ability to predict. Although we believe that the assumptions underlying our guidance are reasonable, they are not guarantees of future performance and some of them will inevitably prove to be incorrect.&nbsp;&nbsp;As a result, our actual future results can be expected to differ from our expectations, and those differences could be material. See page <a href="https://www.sec.gov/Archives/edgar/data/1364250/000136425024000037/a2024q2epexhibit991.htm#i106188e2280043a9a9b0511fc4aa3a6c_79">23</a> for a reconciliation of our Non-GAAP guidance.

Guidance

Douglas Emmett Lowers FY24 EPS To Be Between $0.05-$0.09; FFO $1.65-$1.69 Per Diluted Share

Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) reported quarterly earnings of $0.46 per share which beat the analyst consensus estimate of $0.44 by 4.55 percent. This is a 4.17 percent decrease over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $245.78 million which missed the analyst consensus estimate of $247.28 million by 0.61 percent. This is a 3.01 percent decrease over sales of $253.41 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Douglas Emmett Q2 FFO $0.46 Beats $0.44 Estimate, Sales $245.78M Miss $247.28M Estimate

WIIM

LAMR

Shares of REIT stocks are trading higher amid a drop in Treasury yields following soft May CPI figures.

Guidance: First quarter FFO per share was above expectations due to lower operating expenses, and we expect straight-line revenue to be higher during the balance of the year. Nevertheless, we have left FFO guidance for the year unchanged, because we expect the operating expense savings and higher straight-line revenue to be offset by higher interest expense. As a result, we still expect Net Income Per Common Share - Diluted to be between $0.04 and $0.10, and our FFO per fully diluted share to be between $1.64 and $1.70. Our guidance does not include the impact of future property acquisitions or dispositions, stock sales or repurchases, financings, property damage insurance recoveries, impairment charges or other possible capital markets activities.

Douglas Emmett Sees FY24 Diluted EPS $0.04-$0.10 And Sees FFO Per Fully Diluted Share To Be Between $1.64-$1.70

Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.43 by 4.65 percent. This is a 4.26 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $244.97 million which missed the analyst consensus estimate of $251.96 million by 2.77 percent. This is a 2.94 percent decrease over sales of $252.39 million the same period last year.

Douglas Emmett Q1 FFO $0.45 Beats $0.43 Estimate, Sales $244.97M Miss $251.96M Estimate

A fresh unexpected surge in inflation blindsided markets, shattering hopes for imminent Fed rate cuts and sending stocks down across the board. In March 2024, the annual Consumer Price Index (CPI) inflation rate surged to 3.5%, up from February&#8217;s 3.2%, surpassing <a href="https://www.benzinga.com/markets/commodities/24/04/38181302/inflation-rises-more-than-expected-to-3-5-in-march-derails-june-rate-cut-hopes">expectations set at 3.4%. </a>
Adding to concerns, core inflation, which excludes energy and food, also exceeded expectations, reaching 3.8% compared to the anticipated 3.7%, dismissing any justifications solely attributed to higher gasoline price pressures. 
Consequently, investors sharply revised down their expectations for Fed rate cuts, now anticipating the commencement of any easing policy no earlier than September, with less than two rate cuts expected by year-end.
<h3 class="wp-block-heading">What&#8217;s Hot/Cold In The CPI Basket?</h3>
Expenditure categories witnessing the highest month-over-month seasonally adjusted price increase in March were: 
<ul>
<li>Motor vehicle insurance: +2.6%</li>
<li>Motor vehicle maintenance and repair: +1.7%</li>
<li>Gasoline (all types): +1.7%</li>
<li>Hospital services: +1%</li>
<li>Meats, poultry, fish, and eggs: +0.9%</li>
</ul>
Those showing the lowest monthly inflation were: 
<ul>
<li>Fuel oil: down 1.3%</li>
<li>Used cars and trucks: down 1.1%</li>
<li>Cereals and bakery products: down 0.9%</li>
<li>Other food at home: down 0.5%</li>
<li>Airline fares: down 0.4%</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Sector Performance </h3>
By midday trading in New York, losses were broad-based within indices. 
<ul>
<li>454 out of S&amp;P 500 stocks traded in the red</li>
<li>93 Nasdaq 100 stocks were negative</li>
<li>1,783 out of Russell 2000 stocks were negative</li>
<li>898 out of Russell 1000 stocks were negative</li>
</ul>
No sectors managed to evade daily losses, with rate-sensitive pockets of the markets, such as real estate, feeling the brunt more acutely than others.
Energy managed to hold almost steady, as rising gasoline prices improved the outlook for oil companies. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Sector</th>
<th>1-Day %Chg</th>
</tr>
</thead>
<tbody>
<tr>
<td> Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td>
<td>-0.15%</td>
</tr>
<tr>
<td>Consumer Staples&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>)</td>
<td>-0.75%</td>
</tr>
<tr>
<td>Communication Services Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>)</td>
<td>-0.92%</td>
</tr>
<tr>
<td>Industrials&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>)</td>
<td>-0.93%</td>
</tr>
<tr>
<td>Health Care&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>)</td>
<td>-1.07%</td>
</tr>
<tr>
<td>Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td>
<td>-1.17%</td>
</tr>
<tr>
<td>Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td>
<td>-1.35%</td>
</tr>
<tr>
<td>Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)</td>
<td>-1.44%</td>
</tr>
<tr>
<td>Materials&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>)</td>
<td>-1.54%</td>
</tr>
<tr>
<td>Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>)</td>
<td>-1.93%</td>
</tr>
<tr>
<td>Real Estate&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>)</td>
<td>-3.85%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated At 11:40 a.m. ET</figcaption></figure>
Nine real-estate stocks tumbled by more than 7%: 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-Day %</td>
</tr>
<tr>
<td>Opendoor Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NYSE">OPEN</a>)</td>
<td>-10.04%</td>
</tr>
<tr>
<td>Global Net Lease, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNL#NYSE">GNL</a>)</td>
<td>-9.83%</td>
</tr>
<tr>
<td>Peakstone Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKST#NYSE">PKST</a>)</td>
<td>-9.26%</td>
</tr>
<tr>
<td>Hudson Pacific Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPP#NYSE">HPP</a>)</td>
<td>-8.82%</td>
</tr>
<tr>
<td>Anywhere Real Estate Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOUS#NYSE">HOUS</a>)</td>
<td>-8.36%</td>
</tr>
<tr>
<td>Piedmont Office Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDM#NYSE">PDM</a>)</td>
<td>-7.77%</td>
</tr>
<tr>
<td>RE/MAX Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>)</td>
<td>-7.75%</td>
</tr>
<tr>
<td>eXp World Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPI#NYSE">EXPI</a>)</td>
<td>-7.63%</td>
</tr>
<tr>
<td>Douglas Emmett, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>)</td>
<td>-7.44%</td>
</tr>
<tr>
<td>Office Properties Income Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPI#NYSE">OPI</a>)</td>
<td>-7.31%</td>
</tr>
</tbody>
</table>
</figure>
Looking at different industries, regional banks and solar stocks fell the most. 
<ul>
<li>The SPDR S&amp;P Regional Bank ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) fell 4.7%, on track for the worst day since late January. </li>
<li>The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) fell 4.5%</li>
</ul>
Eight regional bank stocks tumbled more than 7% Wednesday: 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-Day %</td>
</tr>
<tr>
<td>Lakeland Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBAI#NYSE">LBAI</a>)</td>
<td>-8.96%</td>
</tr>
<tr>
<td>Provident Financial Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>)</td>
<td>-8.84%</td>
</tr>
<tr>
<td>Valley National Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NYSE">VLY</a>)</td>
<td>-8.44%</td>
</tr>
<tr>
<td>ServisFirst Bancshares, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SFBS#NYSE">SFBS</a>)</td>
<td>-7.81%</td>
</tr>
<tr>
<td>New York Community Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYCB#NYSE">NYCB</a>)</td>
<td>-7.61%</td>
</tr>
<tr>
<td>OceanFirst Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFC#NYSE">OCFC</a>)</td>
<td>-7.58%</td>
</tr>
<tr>
<td>Flushing Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NYSE">FFIC</a>)</td>
<td>-7.53%</td>
</tr>
<tr>
<td>Eagle Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NYSE">EGBN</a>)</td>
<td>-7.50%</td>
</tr>
</tbody>
</table>
</figure>
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38186082/this-puts-the-fed-in-quite-a-tricky-position-7-economists-weigh-in-on-march-inflati">&#8216;This Puts The Fed In Quite A Tricky Position&#8217;: 7 Economists Weigh In On March Inflation Report</a>
Image generated using artificial intelligence via Midjourney.

Equities

Large Cap

Mid Cap

Sector ETFs

Small Cap

Econ #s

Federal Reserve

ETFs

EGBN

EXPI

FFIC

HOUS

LBAI

NYCB

OCFC

OPEN

PKST

RMAX

SFBS

XLRE

Select Sector SPDR-Consumer Discretionary

Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors

CUBE

EQIX

GLPI

Hannon Armstrong Sustainable Infrastructure Capital

HASI

REXR

SBAC

VICI

Shares of REITs are trading lower as Treasury yields rise following hotter-than-expected March inflation data.

Piper Sandler analyst Alexander Goldfarb maintains Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) with a Neutral and lowers the price target from $17 to $15.

Piper Sandler Maintains Neutral on Douglas Emmett, Lowers Price Target to $15

The Federal Reserve&#8217;s indication of upcoming interest rate cuts injected optimism into the real estate sector, particularly benefiting stocks under pressure due to exposure to the office industry <a href="https://www.benzinga.com/real-estate/reit">or elevated debt levels.</a>
<h1 class="wp-block-heading">A Shift Towards Speculation</h1>
Thursday&#8217;s session suggests the rally has been more pronounced among real estate companies with higher debt levels 
This shift may signify a growing investor inclination towards speculative stocks within the real estate sector, banking on the premise that forthcoming rate cuts could provide a much-needed respite for real estate investment trusts (REITs) grappling with significant debt burdens.
The Fed&#8217;s March dot plot hints at three rate cuts in 2024, with a further three anticipated the following year. This strategic direction is coupled with an upgraded growth forecast, from 1.4% to 2.1%, painting a potentially brighter picture for the real estate sector.
<h1 class="wp-block-heading">Market Reactions Among Real Estate ETFs And Stocks</h1>
<ul>
<li>The Vanguard Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNQ#NYSE">VNQ</a>) experienced an uplift, marking a 0.8% rise on Wednesday followed by a 0.7% increase on Thursday.</li>
<li>Within the ETF&#8217;s portfolio, stocks of companies heavily indebted or linked to the challenged office sector saw the largest gains.</li>
<li>City Office REIT, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIO#NYSE">CIO</a>) skyrocketed by over 16% on Thursday, a significant rebound after a year-to-date loss exceeding 30%. The company&#8217;s net debt stood at more than six times its EBITDA (earnings before interest, taxes, debt and amortization). </li>
<li>Compass Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COMP#NYSE">COMP</a>) and Office Properties Income Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPI#NYSE">OPI</a>): Both companies enjoyed rallies of over 7%. Office Properties Income Trust&#8217;s net debt surpassed its EBITDA by over eight times. </li>
<li>Anywhere Real Estate Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOUS#NYSE">HOUS</a>) and Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>): These companies also featured among the top performers for the day, with shares up 7% and 5.5%, respectively. </li>
<li>The VanEck Office And Commercial Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESK#NYSE">DESK</a>) showcased a back-to-back 2.2% rally on Wednesday and Thursday, indicating office-related REITs positively reacted after the Fed meeting. </li>
</ul>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company Name</td>
<td>1-Day %</td>
<td>Net Debt / EBITDA (FY)</td>
</tr>
<tr>
<td>City Office REIT, Inc.</td>
<td>16.47%</td>
<td>6.8x</td>
</tr>
<tr>
<td>Office Properties Income Trust</td>
<td>8.22%</td>
<td>8.5x</td>
</tr>
<tr>
<td>Compass, Inc.</td>
<td>7.93%</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Anywhere Real Estate Inc.</td>
<td>7.10%</td>
<td>8.9x</td>
</tr>
<tr>
<td>DigitalBridge Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBRG#NYSE">DBRG</a>)</td>
<td>6.42%</td>
<td>0.2x</td>
</tr>
<tr>
<td>Vornado Realty Trust</td>
<td>5.47%</td>
<td>9.1x</td>
</tr>
<tr>
<td>Opendoor Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NYSE">OPEN</a>)</td>
<td>5.37%</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Peakstone Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKST#NYSE">PKST</a>)</td>
<td>4.92%</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Zillow Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZG#NYSE">ZG</a>)</td>
<td>4.85%</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Diversified Healthcare Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHC#NYSE">DHC</a>)</td>
<td>4.82%</td>
<td>13.0x</td>
</tr>
<tr>
<td>Douglas Emmett, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>)</td>
<td>4.71%</td>
<td>8.6x</td>
</tr>
</tbody>
</table>
</figure>
Now Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/03/37875455/bank-stocks-hit-all-time-highs-analyst-points-to-further-rally-on-a-1995-soft-landi">Bank Stocks Hit All-Time Highs: Analyst Points To Further Rally On &#8216;A 1995 Soft Landing Scenario&#8217;</a>
Photo: Sean Pollock via Unsplash

REIT

Movers

Real Estate

COMP

DBRG

DESK

10 Real Estate Stocks Move On Thursday: Fed Rate Cut Possibility Sparks Rally For Troubled Sector

Shares of REITs are trading lower amid a rise in Treasury yields, which could drive a rotation out of income-paying stocks.

Investors looking for stocks that can appreciate in price along with paying strong dividends should look at stocks that have just beaten Wall Street estimates on earnings and/or revenue. It's a plus if the earnings and revenue are also improvements over the year-ago quarter.
Real estate investment trusts (REITs) have been reporting earnings over the past few weeks and so far, the results have been somewhat mixed. Take a look at three REITs that did well this week with fourth-quarter earnings and have seen price appreciation as a result.&nbsp;
Simon Property Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>) is an Indianapolis-based retail REIT that owns and leases over 250 properties, consisting of shopping malls, restaurants, outlet centers and entertainment venues. It has locations in the top 25 population markets across the U.S. Simon Property Group was founded in 1960 and launched its initial public offering (IPO) in 1993. Its occupancy rate for its U.S. malls and premium outlets at the end of the fourth quarter of 2023 was 95.8%, up from 94.9% in the fourth quarter of 2022
On Feb. 5, Simon Property Group reported fourth-quarter operating results. Funds from operations (FFO) of $3.69 per share, handily beating the estimates of $3.34 and FFO from a year ago of $3.40. Revenue of $1.53 billion beat analysts' estimate of $1.36 billion by 12.38% and was a 9.07% increase over revenue of $1.4 year over year. Note that analysts expected revenue to be lower than it was a year ago, but Simon dispelled that idea.
The only blemish on the report was Simon's full-year 2024 FFO guidance range of $11.85-$12.10 was below 2023 full-year guidance of $12.14-$12.22. &nbsp;
In addition, Simon raised its quarterly dividend from $1.90 per share to $1.95 per share. It's the third raise over the last year. One year ago, the quarterly dividend was $1.80 per share. The annual dividend of $7.80 presently yields 5.43% on its recent closing price of $143.39.
Shares have rallied about 5% since the earnings report was released.
<h2 class="wp-block-heading">Don't Miss:</h2>
<ul>
<li>Passive income investments are one of the most trusted methods for riding out a recession, so it's no surprise that people are turning to this <a href="https://www.benzinga.com/alternative-investments/listing/multi-family-portfolio-fund">multifamily portfolio fund that's targeting an 8% cash yield.</a></li>
<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/3-high-yield-investments-boost-income">Here are 3 high-yield investments to add significant income to your portfolio</a>.</li>
</ul>
Douglas Emmett Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) is a diversified REIT, founded in 1971. It has 18 million square feet of Class A office space within 70 properties and 4,576 apartment units in 14 premium buildings in Southern California and Honolulu. Douglas Emmett points to higher rent growth and lower volatility in these two markets, compared to other areas of the U.S.
On Feb. 7, Douglas Emmett reported its fourth-quarter operating results. FFO of $0.46 beat the estimates of $0.42 but was below the fourth-quarter 2022 FFO of $0.51. Revenue of $259.28 million was ahead of analysts' estimates of $252.77 million and improved on revenue of $254.14 million in the fourth quarter of 2022.
Douglas Emmett pays a $0.19 quarterly dividend. The annual dividend of $0.76 yields 5.97% on its recent closing price of 12.73.
Shares rose over 4% on the morning of the earnings report.
Highwoods Properties Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIW#NYSE">HIW</a>) is a Raleigh, North Carolina-based office REIT that owns, develops, acquires, leases and manages properties in the Southern cities of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Tampa and Richmond. It was founded in 1978 and had its IPO in 1994.
Highwoods owns 28.5 million square feet of office space. As of Sept. 30, its occupancy rate was 88.7% and its weighted average lease term (WALT) was six years. Highwoods' tenant base is well diversified by industries, and its top 10 tenants include Bank of America Corp., the federal government, MetLife Inc., Bridgestone Americas Inc. and PPG Industries. It also owns about 120 acres of land.
On Feb. 7, Highwoods Properties reported its fourth-quarter operating results. FFO of $0.99 per share trounced analyst estimates of $0.91 per share and was above FFO of $0.96 in the fourth quarter of 2022. But revenue of $206.86 million was slightly below the street estimate of $207.83 million and a decline from $211.71 million in the fourth quarter of 2022.&nbsp;
On Jan. 30, Deutsche Bank analyst Omotayo Okusanya initiated Highwoods Properties with a Buy rating and announced a price target of $28.
Highwoods pays a quarterly dividend of $0.50. The $2 annual dividend yields 9.2% on its recent closing price of $21.64.
Shares were trading over 2% higher following the earnings announcement.
Weekly REIT Report: REITs are one of the most misunderstood investment options, making it difficult for investors to spot incredible opportunities until it's too late. Benzinga's in-house real estate research team has been working hard to identify the greatest opportunities in today's market, which you can gain access to for free by signing up for the <a href="https://www.benzinga.com/money/reit-newsletter">Weekly REIT Report.</a>
<h2 class="wp-block-heading">Read Next:</h2>
<ul>
<li>Commercial real estate has historically outperformed the stock market, but few investors have the capital or resources needed to invest in this asset class. A platform backed by industry giant Marcus &amp; Millichap is changing that, <a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate">allowing individuals to invest in commercial real estate with as little as $5,000.</a></li>
<li>Miami is expected to take New York's place as the U.S. Financial Capital. <a href="https://www.benzinga.com/money/ken-griffin-miami-take-new-yorks-place-financial-capital">Here's how you can invest in the city with as little as $500</a> before that happens.</li>
</ul>

3 REITs That Beat Earnings Estimates This Week

Douglas Emmett (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>) reported quarterly earnings of $0.46 per share. This is a 9.8 percent decrease over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $259.28 million which beat the analyst consensus estimate of $252.77 million by 2.58 percent. This is a 2.02 percent increase over sales of $254.14 million the same period last year.

Douglas Emmett Q4 FFO $0.46 Down From $0.51 YoY, Sales $259.28M Beat $252.77M Estimate

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Douglas Emmett (DEI – Research Report) and Americ...

Analysts' Opinions Are Mixed on These Real Estate Stocks: Douglas Emmett (DEI) and Americold Realty (COLD)

Douglas Emmett, Inc. (DEI) Q2 2024 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Fortune.com recently <a href="https://fortune.com/2024/08/05/renters-surged-three-times-faster-homeowners/">reported</a> that renter households in the US rose by 1.9% in the second quarter, 3x the increase of homeowner households. It is the third consecutive quarter where this happened, suggesting that rental REITs to buy could be a wise investment in the year&rsquo;s second half.&nbsp;




&ldquo;The cost of both renting and buying a home has skyrocketed in recent years, but the affordability crunch isn&rsquo;t quite as severe in the rental market. That&rsquo;s because America has been building a lot of apartments to keep pace with robust demand from renters,&rdquo; Fortune reported comments from Redfin senior economist Sheharyar Bokhari.&nbsp;




According to Fortune, Los Angeles has the highest percentage of renters in the U.S. at 53%, considerably higher than the national average of slightly more than a third. This tells me that some of the Rental REITs to buy have apartments for rent in the LA area.&nbsp;



Who are these names? Here are my three ideas.&nbsp;



<h2>Douglas Emmett (DEI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/reit1600b-300x169.jpg" alt="Image of a man holding a key chain with a key and house attached to the key ring over a office desk in the background"><div>Source: Shutterstock</div></div>Douglas Emmett (NYSE:<a href="https://investorplace.com/stock-quotes/dei-stock-quote/">DEI</a>) is a Los Angeles-based REIT (real estate investment trust) that owns 68 Class A office properties with 17.6 million square feet and <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001364250/1e71bcba-0457-4684-aee0-df77723100ea.pdf">14 multi-family properties</a>. The multi-family properties have 4,483 apartment units in Los Angeles and Honolulu.



In the three months ended June 30, its multifamily revenues were <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001364250/1e71bcba-0457-4684-aee0-df77723100ea.pdf">$46.5 million</a>, with a segment profit of $30.6 million, while its office revenues were $199.2 million, generating a profit of $132.1 million.&nbsp;



Although it has 1o multifamily properties in Los Angeles with approximately 2,000 apartment units, its four properties in Honolulu have 2,487 units. Together, they account for about 20% of its overall rent.&nbsp;



In LA., the REIT&rsquo;s multifamily revenue per unit is <a href="https://s203.q4cdn.com/494743694/files/doc_financials/2024/q2/Investor-Overview-Q2-24.pdf">$4,592</a>, 73% higher than the average for six of its multifamily REIT peers.&nbsp;



Interestingly, the REIT is converting a 25-story, 493,000-square-foot office building into 493 apartment units in Honolulu. It has leased 98% of the 449 units it&rsquo;s already converted. The final two floors will be premium office space.&nbsp;



It has an attractive 5.04% dividend yield. Get paid to wait for further conversions by the REIT.



<h2>Avalon Bay Communities (AVB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/05/avb-stock-1-300x169.jpg" alt="AVB stock: an Avalon sign in a garden next to a road"><div>Source: Andriy Blokhin / Shutterstock.com</div></div>Avalon Bay Communities (NYSE:<a href="https://investorplace.com/stock-quotes/avb-stock-quote/">AVB</a>) isn&rsquo;t based in LA but has a sizeable multifamily presence in Southern California. In the three months ended June 30, it generated <a href="https://investors.avalonbay.com/sec-filings/all-sec-filings/content/0000915912-24-000015/0000915912-24-000015.pdf">$148.7 million</a> in quarterly revenue in the region, accounting for 22% overall. This translated into $104.5 million in NOI (net operating income), up from a year ago.&nbsp;



The REIT expects South California same-store residential revenue to increase by <a href="https://d1io3yog0oux5.cloudfront.net/_2a9fbd8686dcf49ed7e7891af35bf289/avalonbay/db/2294/21721/presentation/Q2+2024+Teleconference+Presentation+%28FINAL%29_.pdf">4.5%</a> in 2024, the highest growth rate among nine geographical regions.&nbsp;



Avalon Bay&rsquo;s core FFO (funds from operations) per share in the second quarter was $2.77, 11 cents higher than a year earlier.&nbsp;



Through July 31, the REIT had sold five communities (1,069 apartments) for <a href="https://d1io3yog0oux5.cloudfront.net/_2a9fbd8686dcf49ed7e7891af35bf289/avalonbay/db/2294/21721/earnings_release/Q2+2024+Earnings+Release.pdf">$514 million</a>. The capitalization rate&mdash;<a href="https://www.investopedia.com/terms/c/capitalizationrate.asp">defined</a> as the net operating income divided by the current market value&mdash;was 5.1%. One of the communities sold was the AVA North Hollywood in Los Angeles.&nbsp;



It has 11,992 apartments in LA, 4,024 in Orange County, and 1,767 in San Diego, totaling 17,783. It also owns 12,137 in Northern California. It owns 77,413 units nationwide with an average occupancy rate of 96.0%.&nbsp;



It yields 3.2%.



<h2>Equity Residential (EQR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/05/eqr-stock-1-300x169.jpg" alt="An image of a stock chart in the background of a phone cropped to show the Equity Residential (EQR) logo"><div>Source: IgorGolovniov / Shutterstock.com</div></div>Equity Residential (NYSE:<a href="https://investorplace.com/stock-quotes/eqr-stock-quote/">EQR</a>) is a Chicago-based REIT that owns or has investments in 299 properties (<a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000906107/98336f0a-5336-4ea5-9be9-33fc0dde9c2a.pdf">284</a> wholly-owned) with <a href="https://investors.equityapartments.com/overview/corporate-profile/default.aspx">79,738 apartment units</a>.&nbsp;



Of the 77,054 apartment units included in its Q2 2024 same-store residential revenue, LA accounted for 18.3%. Orange County and San Diego contribute another 6,596 apartments. The region&rsquo;s NOI accounted for 27.0% overall. Washington, D.C. and San Francisco were the next two highest contributors at 16.7% and 15.9%, respectively.&nbsp;



Like Douglas Emmett, it focuses on the Affluent Renter, whose average household income is <a href="https://s1.q4cdn.com/843629197/files/doc_presentations/2024/May/28/eqr-investor-update-june-2024.pdf">$169,000</a>, 59% higher than the U.S. average. The median age of its residents is 32, and its average tenant spends a manageable 20.5% of their income on rent.&nbsp;&nbsp;&nbsp;



Between 2011 and 2024, the REIT grew its annual dividend by 6%, compounded annually, paying out about 70% of its annual normalized FFO (funds from operations). It currently yields 3.8%.&nbsp;



It currently has just 6.4% of its debt in floating-rate securities.



Given that the inflation-adjusted monthly cost of housing for home ownership has never been greater, rental housing makes sense for even the affluent. With a lack of supply for all residential housing types, rents will remain healthy for REITs like EQR.&nbsp;&nbsp;



On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"> Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;
<div>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>
The post <a href="https://investorplace.com/2024/08/3-rental-reits-to-buy-to-ride-the-renter-surge/">3 Rental REITs to Buy to Ride the Renter Surge</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Rental REITs to Buy to Ride the Renter Surge

2 Unbeloved REITs That Offer Long-Term Upside Potential

Douglas Emmett declares $0.19 dividend

Wells Fargo analyst Blaine Heck maintained a Buy rating on Douglas Emmett (DEI – Research Report) yesterday and set a price target of $17.00. The c...

Douglas Emmett (DEI) Receives a Buy from Wells Fargo

Douglas Emmett: Attractively Valued Before Fed Policy Normalization (Rating Upgrade)

Raise Cash And Sell Trash

SA Chart: Which sector will benefit the most from interest rate cuts?

Wells Fargo Reaffirms Their Buy Rating on Douglas Emmett (DEI)

ABBV

AMGN

CLPR

CMCT

COLD

CSCO

ESRT

INVH

JBGS

NXRT

PGRE

RDFN

SCHD

SGOV

TMHC

TREE

Press Releases

Douglas Emmett Releases Fourth Quarter 2023 Earnings Results

Douglas Emmett Declares Quarterly Cash Dividend

Douglas Emmett to Present at 2024 Citi Global Property CEO Conference

Douglas Emmett Announces Dates for Its 2024 First Quarter Earnings Results and Live Conference Call

Douglas Emmett Releases First Quarter 2024 Earnings Results

Douglas Emmett Announces Dates for Its 2024 Second Quarter Earnings Results and Live Conference Call

Douglas Emmett Releases Second Quarter 2024 Earnings Results

Douglas Emmett Announces Dates for Its 2024 Third Quarter Earnings Results and Live Conference Call

Comments

Douglas Emmett

Vendite allo scoperto

Douglas Emmett (NYSE:DEI) Azioni, Report sulle vendite allo scoperto

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO