J.P. Morgan Reiterates a Buy Rating on Douglas EmmettBy Jason Carr
According to TipRanks.com, Paolone is a 5-star analyst with an average return of 8.6% and a 65.2% success rate. Paolone covers the Financial sector, focusing on stocks such as Jones Lang Lasalle Inc., Office Properties Trust, and Apartment Inv. & Mgmt.
Douglas Emmett has an analyst consensus of Hold, with a price target consensus of $36.50.
Douglas Emmett’s market cap is currently $5.2B and has a P/E ratio of 66.23. The company has a book value ratio of 2.7507.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. Most recently, in September 2012, William E. Simon, a Director at DEI bought 3,100 shares for a total of $74,245.
Douglas Emmett, Inc. is a real estate investment trust. It operates through the Office and Multifamily segments. The Office segment acquires, constructs, and rents out workstations, parking, and storage spaces. The Multifamily segment develops and leases out apartments and residential properties. The company was founded on June 28, 2005 and is headquartered in Santa Monica, CA.