Douglas Emmett: Attractively Valued Before Fed Policy Normalization (Rating Upgrade)
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.
Molson Coors pumps the brakes on DEI practices
Molson Coors plans to cut supplier diversity quotas and DEI-based training programs, and sever ties with the LGBTQ+ advocacy group Human Rights' Campaigns' Corporate Equality Index. The brewer's decision comes after a wave of retailers over the summer took a step back in their DEI efforts.
Molson Coors pulls back from DEI, saying earlier programs have been ‘completed'
Molson Coors Beverage Co. has became the latest to say it was backing away from some of its diversity, equity and inclusion policies, after a handful of well-known companies announced similar retreats last week.
Jack Daniel's maker scraps DEI policies after threat of ‘anti-woke' boycott
Jack Daniel's maker Brown-Forman Corp. is just the latest major company to reverse its DEI programs after pushback on social media.
Companies from Harley-Davidson to John Deere are backing down on DEI
Harley-Davidson is pulling back its DEI programs, following backlash from a conservative activist. Robby Starbuck has led social media campaigns against companies for their DEI practices.
Harley-Davidson bails on DEI, following activist pressure
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. (DEI) Q2 2024 Earnings Call Transcript
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.
Douglas Emmett (DEI) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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) Q2 FFO Surpass Estimates
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.
Countdown to Douglas Emmett (DEI) Q2 Earnings: Wall Street Forecasts for Key Metrics
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.
Black farmers' group calls for Tractor Supply CEO's resignation after DEI cuts
Organization may consider calling for a boycott of Tractor Supply if nothing changes in the coming days.
Tractor Supply Cancels DEI And Returns To Its Fundamental Retail Mission
Tennessee-based Tractor Supply Company, which claims to be the nation's largest rural lifestyle retailer and ranked number 32 in the National Retail Federation's Top 100 retailer list in 2023, just ignited a firestorm of controversy in some circles as it sought to avoid one in others.
