Cantor Fitzgerald Lowers Douglas Emmett (DEI) Price Target to $13, Maintains Neutral

Company Overview - Douglas Emmett, Inc. (NYSE:DEI) is a real estate investment trust (REIT) that owns and manages high-quality office and multifamily properties, primarily located in coastal Los Angeles and Honolulu [5] Earnings Report Insights - In the Q3 2025 earnings report, CEO Jordan Kaplan indicated that office leasing was below expectations, with over 300,000 square feet leased in July, but a deeper-than-expected slowdown in August and September [3] - Lease renewals exceeded expectations, with tenant retention above the long-term average of 70% [3] - Multifamily same-store cash NOI rose nearly 7% year-over-year [4] - The company anticipates its 2025 net income per common share diluted to range between $0.07 and $0.11, with FFO per fully diluted share projected between $1.43 and $1.47 [4] Analyst Ratings - Cantor Fitzgerald lowered its price target on Douglas Emmett, Inc. to $13 from $16 while maintaining a Neutral rating on the stock [2]