NYSE: DEI · Office REITs
Douglas Emmett (DEI) fair value: undervalued or overvalued?
As of 3 Oct 2026, Faircurve's model values Douglas Emmett (DEI) at $13.19 a share. The stock last closed at $9.82, which puts the model's fair value 34.3% above the price. On the model's bands that reads as Undervalued.
Revalued . Price is the close of 2 Oct 2026. Douglas Emmett, Inc.
Faircurve Insights · 3 Oct 2026
Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed real estate investment trust, and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los. The company operates in Real Estate, specifically Office REITs.
On 3 Oct 2026, Faircurve's model found a fair value of $13.19 a share for Douglas Emmett, Inc. This fair value blends applicable valuation methods, including a cash-flow multiple, a dividend model, and the value of the properties. The previous run on 26 Sep 2026 gave $13.46, meaning the fair value moved -2.0%. The calibrated range over 63 trading days is $11.00 to $15.99, built from the fair value and calibrated weekly against realised prices, which held the price 60% of the time at this horizon. The model's evidence grade for this stock is High, based on its dividend record.
The model scores the business on quality against comparable companies, which include Easterly Government Properties, Inc., Highwoods Properties, Inc., COPT Defense Properties, Kilroy Realty Corporation, Cousins Properties Incorporated, and Vornado Realty Trust. Moves around the last 8 earnings reports show a median size of 4.1%, ignoring direction. For example, the stock moved -0.8% on 4 Aug 2026 and +9.7% on 5 May 2026.
Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give DEI?
The calibrated range for DEI over 63 trading days is $11.00 to $15.99. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,809 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is below this range. For names with fair value 30%+ above price, the calibrated range has held the price 29% of the time over 63 trading days, and 71% ended below it; the typical move was +4.4%.
The model's own range is $12.32 to $14.02.
How does DEI compare with similar companies?
The companies in office reits closest to Douglas Emmett in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| DEA Easterly Government Properties, Inc. | $23.40 | $25.42 | +8.6% | Fairly valued |
| HIW Highwoods Properties, Inc. | $29.67 | $29.20 | -1.6% | Fairly valued |
| SLG SL Green Realty Corp. | $48.81 | $16.89 | -65.4% | Gap wider than 60% |
| CDP COPT Defense Properties | $33.57 | $21.29 | -36.6% | Overvalued |
| KRC Kilroy Realty Corporation | $33.63 | $30.94 | -8.0% | Overvalued |
| CUZ Cousins Properties Incorporated | $28.01 | $19.37 | -30.8% | Overvalued |
| VNO Vornado Realty Trust | $33.73 | $16.56 | -50.9% | Overvalued |
| ARE Alexandria Real Estate Equities, Inc. | $47.37 | $20.63 | -56.4% | Low evidence grade |
When does DEI report earnings, and how has the stock reacted?
Douglas Emmett's next earnings report is scheduled for 3 Nov 2026. Companies can move their dates.
How DEI moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 4.1%.
| Report date | Two session move |
|---|---|
| 4 Aug 2026 | -0.8% |
| 5 May 2026 | +9.7% |
| 10 Feb 2026 | -2.7% |
| 4 Nov 2025 | -5.6% |
| 5 Aug 2025 | -0.9% |
| 6 May 2025 | +5.5% |
| 4 Feb 2025 | -1.7% |
| 4 Nov 2024 | +5.5% |
Douglas Emmett at a glance
Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed real estate investment trust , and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los.
- Market value
- $1.6B
- Sector
- Real Estate
- Industry
- Office REITs
- Beta to the US market
- 0.52
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model values Douglas Emmett in up to three ways and blends those that could be applied; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for DEI was $13.46. As of 3 Oct 2026 it is $13.19, a change of -2.0%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Douglas Emmett's valuation
Is Douglas Emmett stock undervalued or overvalued?
On Faircurve's model, DEI reads as Undervalued as of 3 Oct 2026. The model's fair value is $13.19 a share against a last close of $9.82, a gap of +34.3%.
What is DEI's fair value?
$13.19 a share as of 3 Oct 2026. The fair value blends the valuation methods that could be applied, out of three: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $12.32 to $14.02.
What price range does the model give DEI?
$11.00 to $15.99 over 63 trading days. Ranges built this way held the price 60% of the time across 4,809 past valuations, refreshed 3 Oct 2026.
When does Douglas Emmett report earnings next?
The next report is scheduled for 3 Nov 2026. Companies can move their dates.
How much has DEI moved on past earnings reports?
Across its last 8 reports the median two session move was 4.1%, ignoring direction. The largest was +9.7% around the report of 5 May 2026.
How confident is the model in this valuation?
The model's evidence grade for DEI is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.