Tearsheet

Douglas Elliman (DOUG)

Market Price (1/29/2026): $2.705 | Market Cap: $228.8 Mil
Sector: Real Estate | Industry: Real Estate Services

Douglas Elliman (DOUG)

Market Price (1/29/2026): $2.705
Market Cap: $228.8 Mil
Sector: Real Estate
Industry: Real Estate Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Megatrend and thematic drivers Megatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more.	Weak multi-year price returns 2Y Excs Rtn is -26%, 3Y Excs Rtn is -111%	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -34 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.3%
1			Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.8%, Rev Chg QQuarterly Revenue Change % is -1.3%
2			Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2%
3			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -30%
4			Key risks DOUG key risks include [1] its persistent quarterly losses and an operating margin that is below the industry average.

0	Megatrend and thematic drivers Megatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more.
1	Weak multi-year price returns 2Y Excs Rtn is -26%, 3Y Excs Rtn is -111%
2	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -34 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.3%
3	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.8%, Rev Chg QQuarterly Revenue Change % is -1.3%
4	Not cash flow generative FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.2%
5	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -30%
6	Key risks DOUG key risks include [1] its persistent quarterly losses and an operating margin that is below the industry average.

Valuation, Metrics & Events

	1/29/26	2025	2024	2023	2022	2021
Share Price CYE	$2.71	$2.37	$1.67	$2.95	$4.07	$11.50
Market Cap CYE ($ Mil)	228.8	200.4	139.5	242.5	332.2	938.5
Total Debt ($ Mil)	142.8	142.8	154.4	136.5	149.5	170.3
Total Cash ($ Mil)	143.0	143.0	151.4	126.3	192.7	158.8
Enterprise Value ($ Mil)	228.6	343.2	293.9	379.0	481.7	1,108.8
Valuation Ratios
P/S TTM	0.2	0.2	0.1	0.3	0.3	0.7
P/EBIT TTM	-4.2	-3.7	-1.6	-4.5	9.1	9.6
P/E TTM	-3.9	-3.4	-1.6	-5.3	10.1	10.1
P/FCF TTM	-17.9	-15.7	-5.7	-4.4	11.7	8.5
Sector Ratios
P/S TTM (Sector)	3.8	4.0	4.4	4.3	4.7	7.1
P/EBIT TTM (Sector)	12.0	12.2	13.1	14.2	12.9	19.8
P/E TTM (Sector)	20.2	19.7	20.9	21.1	18.9	25.3
P/FCF TTM (Sector)	12.3	12.1	13.3	12.1	12.0	16.8

	1/29/26	2025	2024
Share Price CYE	$2.71	$2.37	$1.67
Market Cap CYE ($ Mil)	228.8	200.4	139.5
Total Debt ($ Mil)	142.8	142.8	154.4
Total Cash ($ Mil)	143.0	143.0	151.4
Enterprise Value ($ Mil)	228.6	343.2	293.9
Valuation Ratios
P/S TTM	0.2	0.2	0.1
P/EBIT TTM	-4.2	-3.7	-1.6
P/E TTM	-3.9	-3.4	-1.6
P/FCF TTM	-17.9	-15.7	-5.7
Sector Ratios
P/S TTM (Sector)	3.8	4.0	4.4
P/EBIT TTM (Sector)	12.0	12.2	13.1
P/E TTM (Sector)	20.2	19.7	20.9
P/FCF TTM (Sector)	12.3	12.1	13.3

	DOUG	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	1.0
Rev Chg Q	-1.3%	7.3%
Rev Chg LTM	6.7%	6.4%
Rev Chg 3Y Avg	-5.8%	5.6%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	-0.0
Net Inc LTM ($ Bil)	-0.1
Op Mgn LTM	-3.3%	18.8%
CFO/Rev LTM	-0.8%	20.5%
Net Inc Mgn	-5.8%	13.1%
VALUATION	VERY LOW
P/S	0.2	3.4
P/CFO	-27.0	16.1
P/FCF	-17.9	21.5
P/E	-3.9	24.3

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Metric	Value	Date	Source
Gross Transaction Value	$10.0 billion	9302025	Link
Average Price per Transaction	$1.774 million	9302025	Link
Active Licensed Agents	6242	11052025	Link
Total Residential Sales Offices	115	11052025	Link
Total Transaction Sides	21779	12312024	Link
Development Marketing Pipeline (Gross Transaction Value)	$25.5 billion	11042025	Link
Homes Sold Above $5 Million (Quarterly)	333	9302025	Link
Homes Sold Above $10 Million (Quarterly)	87	9302025	Link

Upcoming
3/09/2026	Earnings Release	Rev: - EPS: -
4/29/2026	Earnings Release	Rev: - EPS: -

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

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Douglas Elliman (DOUG) stock has lost about 5% since 9/30/2025 because of the following key factors:

1. Douglas Elliman Inc. reported third-quarter 2025 revenues of $262.8 million, significantly missing analyst forecasts of $315.85 million by 16.78%. This substantial revenue shortfall negatively impacted investor sentiment and contributed to the stock's decline.

2. The company experienced an increase in operating losses, reporting a $10.7 million operating loss in Q3 2025, up from $7.4 million in the third quarter of 2024. This widening operating loss signaled ongoing challenges in profitability.

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Stock Movement Drivers

Fundamental Drivers

The -5.6% change in DOUG stock from 9/30/2025 to 1/28/2026 was primarily driven by a -5.2% change in the company's P/S Multiple.

(LTM values as of)	9302025	1282026	Change
Stock Price ($)	2.86	2.70	-5.6%
Change Contribution By:
Total Revenues ($ Mil)	1,034	1,031	-0.3%
P/S Multiple	0.2	0.2	-5.2%
Shares Outstanding (Mil)	84	85	-0.1%
Cumulative Contribution			-5.6%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 1/28/2026

	Return	Correlation
DOUG	-5.6%
Market (SPY)	4.4%	52.2%
Sector (XLRE)	-3.0%	34.7%

Fundamental Drivers

The 16.4% change in DOUG stock from 6/30/2025 to 1/28/2026 was primarily driven by a 18.7% change in the company's P/S Multiple.

(LTM values as of)	6302025	1282026	Change
Stock Price ($)	2.32	2.70	16.4%
Change Contribution By:
Total Revenues ($ Mil)	1,049	1,031	-1.7%
P/S Multiple	0.2	0.2	18.7%
Shares Outstanding (Mil)	84	85	-0.2%
Cumulative Contribution			16.4%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 1/28/2026

	Return	Correlation
DOUG	16.4%
Market (SPY)	12.9%	43.8%
Sector (XLRE)	-0.6%	34.9%

Fundamental Drivers

The 61.7% change in DOUG stock from 12/31/2024 to 1/28/2026 was primarily driven by a 53.5% change in the company's P/S Multiple.

(LTM values as of)	12312024	1282026	Change
Stock Price ($)	1.67	2.70	61.7%
Change Contribution By:
Total Revenues ($ Mil)	966	1,031	6.7%
P/S Multiple	0.1	0.2	53.5%
Shares Outstanding (Mil)	84	85	-1.2%
Cumulative Contribution			61.7%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2024 to 1/28/2026

	Return	Correlation
DOUG	61.7%
Market (SPY)	19.7%	37.6%
Sector (XLRE)	2.8%	34.1%

Fundamental Drivers

The -29.2% change in DOUG stock from 12/31/2022 to 1/28/2026 was primarily driven by a -19.5% change in the company's Total Revenues ($ Mil).

(LTM values as of)	12312022	1282026	Change
Stock Price ($)	3.81	2.70	-29.2%
Change Contribution By:
Total Revenues ($ Mil)	1,280	1,031	-19.5%
P/S Multiple	0.2	0.2	-8.9%
Shares Outstanding (Mil)	82	85	-3.5%
Cumulative Contribution			-29.2%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2022 to 1/28/2026

	Return	Correlation
DOUG	-29.2%
Market (SPY)	88.6%	31.6%
Sector (XLRE)	21.4%	36.2%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
DOUG Return	0%	-63%	-23%	-43%	42%	14%	-74%
Peers Return	109%	-61%	41%	40%	78%	10%	218%
S&P 500 Return	27%	-19%	24%	23%	16%	2%	86%
Monthly Win Rates [3]
DOUG Win Rate	0%	25%	42%	42%	50%	100%
Peers Win Rate	49%	32%	52%	55%	52%	100%
S&P 500 Win Rate	75%	42%	67%	75%	67%	100%
Max Drawdowns [4]
DOUG Max Drawdown	0%	-68%	-58%	-65%	-8%	-4%
Peers Max Drawdown	-21%	-65%	-14%	-28%	-20%	-1%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-1%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: HOUS, COMP, EXPI, REAX, CBRE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/28/2026 (YTD)

How Low Can It Go

Unique Key	Event	DOUG	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-86.1%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	618.8%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days

Compare to HOUS, COMP, EXPI, REAX, CBRE

In The Past

Douglas Elliman's stock fell -86.1% during the 2022 Inflation Shock from a high on 12/31/2021. A -86.1% loss requires a 618.8% gain to breakeven.

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About Douglas Elliman (DOUG)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Douglas Elliman Inc. engages in the real estate services and property technology investment business in the United States. It operates in two segments, Real Estate Brokerage, and Corporate and Other. The company conducts residential real estate brokerage operations. It has approximately 100 offices with approximately 6,500 real estate agents in the New York metropolitan areas, as well as in Florida, California, Connecticut, Massachusetts, Colorado, New Jersey, and Texas. Douglas Elliman Inc. was founded in 1911 and is headquartered in Miami, Florida. Douglas Elliman Inc.(NYSE:DOUG) operates independently of Vector Group Ltd. as of December 29, 2021.

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Here are 1-2 brief analogies for Douglas Elliman (DOUG):

The Sotheby's (the auction house) for residential real estate.
The Tiffany & Co. of residential real estate.

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Residential Real Estate Brokerage: Facilitates the buying, selling, and leasing of existing residential properties for individual clients.
New Development Marketing and Sales: Provides comprehensive marketing, sales, and advisory services for developers of new residential projects from conception to closing.

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Douglas Elliman (symbol: DOUG) primarily serves individual customers rather than other companies. As a residential real estate brokerage firm, its revenue is primarily derived from commissions on transactions involving individuals buying, selling, or renting homes. The company's major categories of individual customers include:

Residential Property Buyers and Sellers: This broad category includes individuals and families looking to purchase homes (whether primary residences, vacation homes, or investment properties) or sell their existing properties across various price points. This constitutes the core of Douglas Elliman's brokerage business.
Residential Property Renters and Landlords: Douglas Elliman also serves individuals seeking to rent residential properties and property owners (landlords) looking to lease out their properties through the company's rental services. This segment is particularly prominent in urban markets where rentals are a significant part of the housing market.
Luxury Market Clientele and High-Net-Worth Individuals (HNWIs): Given Douglas Elliman's strong presence in prime and luxury markets such as New York City, Los Angeles, South Florida, and Aspen, a significant portion of its clientele consists of high-net-worth individuals and those operating within the high-end and luxury segments of the real estate market. These clients often seek exclusive properties, specialized marketing, and a high level of personalized service.

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Michael S. Liebowitz, President and Chief Executive Officer

Michael Liebowitz is an entrepreneur, private investor, and seasoned business executive with over 25 years of experience in founding, acquiring, and monetizing businesses in the insurance and financial industries. He has founded or acquired companies such as Harbor Group Consulting LLC, National Financial Partners Corp. (NYSE: NFP), Innova Risk Management, and High Street Valuations. Mr. Liebowitz served as President and CEO for Harbor and High Street Valuations until 2023, and for Harbor and Innova until 2018 and 2019, respectively, when they were acquired by Alliant Insurance Services Inc. He also served as Chairman and Chief Executive Officer of Nocopi Technologies Inc. (OTCQB: NNUP) from October 2022 until February 2025. He has previously served on the boards of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS) and The Hilb Group; Ladenburg Thalmann was sold to a portfolio company of Reverence Capital Partners in May 2020.

J. Bryant Kirkland III, Executive Vice President, Treasurer and Chief Financial Officer

J. Bryant Kirkland III serves as Executive Vice President, Treasurer, and Chief Financial Officer of Douglas Elliman Inc., with his current employment agreement effective October 30, 2024. He previously served as Chief Financial Officer of Vector Group Ltd. from April 2006 until October 2024, when it was acquired by JT Group Inc. Mr. Kirkland was also Chief Financial Officer of New Valley Corporation from 1998 until December 2005, when it was acquired by Vector Group. Additionally, he served as Chairman of the Board of Directors, President, and Chief Executive Officer of Multi Solutions II, Inc. and Multi-Soft II, Inc., subsidiaries of Vector Group, from 2012 to October 2024.

Bradley H. Brodie, Senior Vice President, General Counsel and Secretary

Bradley H. Brodie serves as Senior Vice President, General Counsel and Secretary. Prior to joining Douglas Elliman in August 2025, Mr. Brodie served as Counsel at Sidley Austin LLP and as Of Counsel at DLA Piper LLP (US). Before DLA Piper, he was Director, Assistant General Counsel at Chewy, Inc. and Vice President - Legal Affairs of Ladenburg Thalmann Financial Services Inc. until its sale in May 2020 to a portfolio company of Reverence Capital Partners.

Stephen T. Larkin, Executive Vice President and Chief Communications Officer

Stephen T. Larkin has served as Executive Vice President and Chief Communications Officer of Douglas Elliman since September 2020, after being Vice President of Public Relations from December 2016 to September 2020. Prior to his tenure at Douglas Elliman, Mr. Larkin served as a Director of Relevance International, an international public relations firm, and previously as a principal of Larkin Public Relations and a Vice President of The Corcoran Group.

Susan de França, President & Chief Executive Officer, DE Development Marketing

Susan de França holds the position of President & Chief Executive Officer for Douglas Elliman Development Marketing.

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The key risks to Douglas Elliman's business (DOUG) are primarily driven by its exposure to the cyclical real estate market, ongoing profitability challenges, and intense industry competition.

Reliance on the Residential Real Estate Market and Economic Cyclicality: Douglas Elliman's financial performance is highly dependent on the health of the residential real estate market. Factors such as elevated interest rates, limited housing inventory, and overall economic downturns directly impact transaction volumes, revenue generation, and overall profitability. The company has experienced significant declines in revenue during challenging market conditions, with its luxury market focus still vulnerable to these broader trends.
Persistent Losses and Profitability Concerns: Douglas Elliman has faced persistent quarterly losses and operates with an operating margin that is below the industry average, indicating ongoing challenges in achieving consistent profitability. The luxury focus of the business entails substantial marketing and operational investments, which can further impact profitability, especially during slower market periods. Achieving consistent positive operating margins is crucial for the company's valuation and long-term financial health.
Intense Competition: The real estate brokerage market is highly competitive, characterized by numerous established firms and the emergence of new, tech-driven platforms. Douglas Elliman faces significant competition for market share, which can put pressure on commissions and require continuous investment in technology and agent recruitment to maintain its competitive edge.

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The National Association of Realtors (NAR) settlement regarding broker commissions, which will eliminate the long-standing rule requiring listing brokers to offer compensation to buyer brokers via the Multiple Listing Service (MLS), represents a clear emerging threat. Effective July 2024, this change will fundamentally alter the traditional commission structure that Douglas Elliman and other residential real estate brokerages rely upon. It is expected to lead to increased pressure on commission rates, force buyers to directly negotiate or pay for their agents' services, and could potentially reduce the overall number of transactions or the profitability of each transaction, particularly for buyer-side representation. This disruption to the core compensation model is comparable in its potential systemic impact to how streaming services threatened traditional media distribution.

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Douglas Elliman Inc. (DOUG) primarily operates as a residential real estate brokerage firm, with a significant focus on the luxury market. The company also offers development marketing, property management, title, and escrow services, as well as mortgage services through its subsidiaries.

Addressable Market Sizes:

U.S. Luxury Residential Real Estate Market: This market was valued at approximately USD 289.38 billion in 2025 and is projected to reach USD 338.57 billion by 2030, with a compound annual growth rate (CAGR) of 3.19% over the 2025-2030 period.
Global Luxury Real Estate Market: The global market for luxury real estate was valued at USD 295.57 billion in 2025 and is expected to grow to USD 576.5 billion by 2035, at a CAGR of 6.9% from 2025 to 2035. Another estimate places the global market at USD 432.8 billion in 2025, growing to USD 800 billion by 2035. North America held a significant share of this market, valued at USD 150 billion in 2024, with projections indicating a rise to USD 300 billion by 2035.
U.S. Real Estate Market (Overall): The broader U.S. real estate market was estimated at USD 1.71 trillion in 2024 and is expected to generate revenue of USD 2.32 trillion by 2033, with a CAGR of 3.10% during 2025–2033. Another estimate for the U.S. real estate market size was USD 130.02 billion in 2024, expected to reach USD 135.37 billion in 2025 and USD 172.13 billion by 2030, with a CAGR of 4.1% from 2025 to 2030. The residential property segment constituted the largest share, at 57.1% in 2024.

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Here are 3-5 expected drivers of future revenue growth for Douglas Elliman (symbol: DOUG) over the next 2-3 years:

Development Marketing Pipeline: Douglas Elliman has a significant development marketing pipeline, with a gross transaction value estimated at approximately $25.5 billion, including $16.6 billion in Florida. This pipeline is expected to be a major driver of future revenue as projects close, primarily between 2026 and 2031, leading to the recognition of commission income.
International Expansion: The company is actively pursuing geographic expansion into new luxury markets globally. This includes recent entries into France (Bordeaux, French Riviera), Monaco, and St. Barths, with further plans for expansion into Paris and the French Alps. This international growth is a strategic initiative aimed at driving future revenue.
Investments in Technology and Agent Productivity (PropTech & AI): Douglas Elliman is investing in technology and innovation to enhance agent efficiency and client services. This includes the launch of an AI-powered assistant app, Elli AI, to streamline agent workflows and the development of new offerings like the Elliman Capital mortgage platform. These technological advancements and new service introductions are intended to improve differentiation and increase revenue potential.
Sustained Strength in the Luxury Market: Douglas Elliman continues to focus on and maintain its leadership in the luxury residential real estate market. The company has observed strong luxury home pricing and an increase in the average price per transaction, as well as rising luxury sales volumes (homes above $5 million and $10 million), which are expected to contribute to revenue growth.

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Douglas Elliman Inc. (DOUG) has undertaken several capital allocation decisions over the last three to five years, primarily focusing on strategic investments and managing its equity structure since its spin-off from Vector Group in late 2021.

Share Repurchases

Douglas Elliman has not announced significant share repurchase programs or executed substantial share repurchases in the period of review based on available public information. The net common equity issued/repurchased data from Macrotrends shows fluctuations but no major, explicit repurchase programs.

Share Issuance

The company was spun off from Vector Group on December 29, 2021, resulting in Douglas Elliman common stock being distributed to Vector Group stockholders. The number of outstanding common shares has seen some changes; for example, from 81,235,626 shares as of April 28, 2022, to 88,853,150 shares outstanding at December 31, 2024, and 91,535,412 shares outstanding at March 1, 2024. As of October 29, 2025, the company had 88,818,970 shares of common stock outstanding.

Inbound Investments

In July 2024, Douglas Elliman secured a $50 million growth investment from Kennedy Lewis Investment Management LLC, aimed at strengthening its balance sheet and supporting strategic growth and expansion. Additionally, in 2025, the company completed the sale of Douglas Elliman Property Management for $85 million, which is expected to result in an after-tax gain of approximately $75 million and improved financial flexibility with approximately $126.5 million in cash and no debt by October 31, 2025.

Outbound Investments

Douglas Elliman has strategically invested in PropTech (property technology) opportunities through its subsidiary, New Valley Ventures LLC. These investments were approximately $14.8 million (carrying value) in PropTech companies as of December 31, 2022, and around $13.4 million (carrying value) as of December 31, 2023. The company also acquired a 50% interest in Partners Land Services LLC, a title insurance services provider in Florida, in June 2021. Furthermore, Douglas Elliman expanded its international footprint through Element International, with a recent entry into France and Monaco, and is investing in agent productivity and client services with new offerings like the LE AI assistant, Element Inspirations, and Element Capital mortgage platform.

Capital Expenditures

While specific aggregate dollar values for capital expenditures are not readily available in the provided snippets, Douglas Elliman has consistently emphasized its focus on technology-driven investments. The company is committed to digitizing, integrating, and simplifying real estate activities for agents and enhancing client experiences through innovative PropTech solutions. This includes adopting new PropTech solutions for agents and clients and investing in select PropTech opportunities.

Interactive Breakdown

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Better Bets vs. Douglas Elliman (DOUG)

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Higher Op Mgn LTM (Value for DOUG: -3.3%)

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Higher FCF/Rev LTM (Value for DOUG: -1.2%)

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Higher Total Yield (Value for DOUG: -26.0%)

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PLD (2.7%)

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WELL (0.8%)

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Higher Rev Chg LTM (Value for DOUG: 6.7%)

NVDA (65.2%)

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Meta Platforms

MSFT (16.7%)

Microsoft

GOOGL (13.4%)

Alphabet

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Amazon.com

Higher Rev Chg 3Y Avg (Value for DOUG: -5.8%)

NVDA (91.6%)

NVIDIA

MSFT (14.4%)

Microsoft

AMZN (11.3%)

Amazon.com

GOOGL (11.0%)

Alphabet

AAPL (1.8%)

Apple

Higher Op Mgn LTM (Value for DOUG: -3.3%)

NVDA (58.8%)

NVIDIA

MSFT (46.7%)

Microsoft

GOOGL (32.2%)

Alphabet

AAPL (31.9%)

Apple

AMZN (11.4%)

Amazon.com

Higher CFO/Rev LTM (Value for DOUG: -0.8%)

MSFT (52.5%)

Microsoft

NVDA (44.4%)

NVIDIA

GOOGL (39.3%)

Alphabet

AAPL (26.6%)

Apple

AMZN (18.1%)

Amazon.com

Higher FCF/Rev LTM (Value for DOUG: -1.2%)

NVDA (41.3%)

NVIDIA

MSFT (25.3%)

Microsoft

AAPL (23.5%)

Apple

GOOGL (19.1%)

Alphabet

AMZN (2.0%)

Amazon.com

Higher Total Yield (Value for DOUG: -26.0%)

MSFT (4.0%)

Microsoft

GOOGL (3.3%)

Alphabet

AAPL (3.0%)

Apple

AMZN (2.7%)

Amazon.com

NVDA (2.2%)

NVIDIA

Best Bets in Real Estate

What You Pay

P/EBIT (Value for DOUG: -4.2x)

CTRE (25.7x)

CareTrust REIT

WPC (21.6x)

W.P. Carey

NNN (13.2x)

NNN REIT

ADC (24.4x)

Agree Realty

OHI (16.2x)

Omega Healthcare Investors

O (25.6x)

Realty Income

EPRT (17.0x)

Essential Properties Realty Trust

GLPI (10.7x)

Gaming and Leisure Properties

EPR (12.0x)

EPR Properties

FCPT (15.5x)

Four Corners Property Trust

P/E (Value for DOUG: -3.8x)

CTRE (29.6x)

CareTrust REIT

WPC (41.0x)

W.P. Carey

NNN (19.8x)

NNN REIT

ADC (40.9x)

Agree Realty

OHI (23.7x)

Omega Healthcare Investors

O (57.1x)

Realty Income

EPRT (24.3x)

Essential Properties Realty Trust

GLPI (16.4x)

Gaming and Leisure Properties

EPR (19.7x)

EPR Properties

FCPT (22.8x)

Four Corners Property Trust

What You Get

Rev Chg 3Y Avg (Value for DOUG: -5.8%)

CTRE (21.2%)

CareTrust REIT

WPC (5.6%)

W.P. Carey

NNN (6.0%)

NNN REIT

ADC (19.5%)

Agree Realty

OHI (6.3%)

Omega Healthcare Investors

O (21.5%)

Realty Income

EPRT (24.2%)

Essential Properties Realty Trust

GLPI (7.4%)

Gaming and Leisure Properties

EPR (3.9%)

EPR Properties

FCPT (9.5%)

Four Corners Property Trust

Rev Chg LTM (Value for DOUG: 6.7%)

CTRE (47.6%)

CareTrust REIT

WPC (5.6%)

W.P. Carey

NNN (4.5%)

NNN REIT

ADC (14.7%)

Agree Realty

OHI (13.7%)

Omega Healthcare Investors

O (14.7%)

Realty Income

EPRT (24.2%)

Essential Properties Realty Trust

GLPI (4.4%)

Gaming and Leisure Properties

EPR (4.2%)

EPR Properties

FCPT (8.3%)

Four Corners Property Trust

Rev Chg Q (Value for DOUG: -1.3%)

CTRE (82.4%)

CareTrust REIT

WPC (8.5%)

W.P. Carey

NNN (5.3%)

NNN REIT

ADC (18.7%)

Agree Realty

OHI (12.9%)

Omega Healthcare Investors

O (9.1%)

Realty Income

EPRT (23.7%)

Essential Properties Realty Trust

GLPI (3.2%)

Gaming and Leisure Properties

EPR (4.3%)

EPR Properties

FCPT (11.0%)

Four Corners Property Trust

FCF/Rev 3Y Avg (Value for DOUG: -3.2%)

CTRE (88.9%)

CareTrust REIT

WPC (84.4%)

W.P. Carey

NNN (73.6%)

NNN REIT

ADC (73.1%)

Agree Realty

OHI (71.6%)

Omega Healthcare Investors

O (69.5%)

Realty Income

EPRT (69.3%)

Essential Properties Realty Trust

GLPI (65.4%)

Gaming and Leisure Properties

EPR (63.9%)

EPR Properties

FCPT (61.3%)

Four Corners Property Trust

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 9.6%, alpha of 3.1%, and sharpe of 0.44

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	Douglas Elliman Earnings Notes	12/16/2025
2	Is Douglas Elliman Stock Built to Withstand More Downside?	10/17/2025

	Title
0	ARTICLES

Trade Ideas

Select ideas related to DOUG.

Unique Key

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AAOI	Applied Optoelectronics	2.9	21.0%	29.7%
UUUU	Energy Fuels	6.5	14.7%	90.6%
LRN	Stride	3.6	14.2%	27.4%
AVT	Avnet	5.0	13.8%	24.7%
NXT	Nextpower	17.8	13.3%	37.7%
LUNR	Intuitive Machines	2.7	12.4%	40.5%
STEL	Stellar Bancorp	1.9	11.6%	17.7%
EOSE	Eos Energy Enterprises	4.5	11.1%	45.5%
INTC	Intel	220.2	11.0%	32.2%
OKLO	Oklo	14.2	10.7%	31.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FBYD	Falcons Beyond Global	0.2	-19.3%	-64.0%
NAVI	Navient	1.0	-18.5%	-24.5%
PRAA	PRA	0.5	-18.1%	-26.8%
RGNX	Regenxbio	0.6	-17.9%	-23.5%
CVNA	Carvana	57.1	-14.2%	-2.8%
HAFC	Hanmi Financial	0.7	-13.0%	-8.4%
CNXC	Concentrix	2.3	-12.7%	-12.7%
APH	Amphenol	178.3	-12.2%	8.0%
BMI	Badger Meter	4.3	-11.0%	-16.1%
NET	Cloudflare	64.6	-10.2%	-6.2%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
ASM	Avino Silver & Gold Mines	1.7	62.9%	81.0%
HYMC	Hycroft Mining	2.2	30.6%	117.5%
RDW	Redwire	1.9	30.3%	74.9%
USAR	USA Rare Earth	2.6	30.3%	111.6%
USAS	Americas Gold And Silver	2.5	29.5%	80.6%
BW	Babcock & Wilcox Enterprises	1.1	27.3%	65.3%
GOLD	Gold.com	1.3	26.5%	58.6%
CORT	Corcept Therapeutics	4.7	26.3%	31.8%
TMQ	Trilogy Metals	1.1	25.5%	59.6%
CNL	Collective Mining	1.7	24.6%	35.8%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
ELME	Elme Communities	0.2	-32.1%	-87.6%
HUM	Humana	23.3	-28.3%	-24.3%
RGNX	Regenxbio	0.6	-26.7%	-23.5%
POET	POET Technologies	0.6	-25.7%	-1.7%
CVLT	CommVault Systems	4.0	-24.8%	-28.3%
NRIM	Northrim BanCorp	0.5	-24.0%	-15.0%
PRAA	PRA	0.5	-20.9%	-26.8%
AEVA	Aeva Technologies	0.8	-20.8%	8.4%
AGYS	Agilysys	2.4	-20.1%	-27.9%
NAVI	Navient	1.0	-19.9%	-24.5%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
ERAS	Erasca	2.9	191.1%	172.3%
IBRX	ImmunityBio	5.8	187.4%	210.6%
CRVS	Corvus Pharmaceuticals	1.7	166.8%	166.8%
ALMS	Alumis	2.9	152.6%	183.9%
SNDK	SanDisk	77.0	111.0%	122.3%
HYMC	Hycroft Mining	2.2	106.7%	117.5%
BW	Babcock & Wilcox Enterprises	1.1	99.6%	65.3%
RCAT	Red Cat	1.6	97.3%	106.6%
UUUU	Energy Fuels	6.5	89.3%	90.6%
USAR	USA Rare Earth	2.6	86.4%	111.6%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
ELME	Elme Communities	0.2	-87.7%	-87.6%
FBYD	Falcons Beyond Global	0.2	-68.1%	-64.0%
BBNX	Beta Bionics	0.6	-53.6%	-51.5%
LVWR	LiveWire	0.5	-50.3%	-48.4%
ZBIO	Zenas BioPharma	0.9	-49.5%	-40.9%
AQST	Aquestive Therapeutics	0.4	-45.9%	-49.8%
CORT	Corcept Therapeutics	4.7	-44.5%	31.8%
NUVB	Nuvation Bio	1.8	-43.6%	-40.8%
CRMD	Cormedix	0.6	-38.1%	-33.4%
CABO	Cable One	0.4	-37.7%	-35.5%

Peer Comparisons

Peers to compare with:

Financials

	DOUG	HOUS	COMP	EXPI	REAX	CBRE	Median
Name	Douglas .	Anywhere.	Compass	eXp World	Real Bro.	CBRE
Mkt Price	2.70	-	13.05	9.20	3.66	169.50	9.20
Mkt Cap	0.2	-	7.4	1.4	0.8	50.4	1.4
Rev LTM	1,031	-	6,642	4,679	1,814	39,326	4,679
Op Inc LTM	-34	-	-38	-15	-10	1,540	-15
FCF LTM	-13	-	188	108	66	1,363	108
FCF 3Y Avg	-31	-	33	167	41	802	41
CFO LTM	-8	-	202	119	70	1,678	119
CFO 3Y Avg	-25	-	50	176	43	1,113	50

Growth & Margins

	DOUG	HOUS	COMP	EXPI	REAX	CBRE	Median
Name	Douglas .	Anywhere.	Compass	eXp World	Real Bro.	CBRE
Rev Chg LTM	6.7%	-	24.3%	5.1%	65.6%	14.6%	14.6%
Rev Chg 3Y Avg	-5.8%	-	2.8%	-0.1%	75.5%	8.2%	2.8%
Rev Chg Q	-1.3%	-	23.6%	6.9%	52.6%	13.5%	13.5%
QoQ Delta Rev Chg LTM	-0.3%	-	5.6%	1.9%	12.1%	3.2%	3.2%
Op Mgn LTM	-3.3%	-	-0.6%	-0.3%	-0.6%	3.9%	-0.6%
Op Mgn 3Y Avg	-5.2%	-	-3.9%	0.1%	-2.0%	3.4%	-2.0%
QoQ Delta Op Mgn LTM	-0.0%	-	0.1%	-0.1%	0.2%	0.1%	0.1%
CFO/Rev LTM	-0.8%	-	3.0%	2.5%	3.9%	4.3%	3.0%
CFO/Rev 3Y Avg	-2.6%	-	0.6%	4.0%	3.6%	3.1%	3.1%
FCF/Rev LTM	-1.2%	-	2.8%	2.3%	3.6%	3.5%	2.8%
FCF/Rev 3Y Avg	-3.2%	-	0.3%	3.8%	3.5%	2.2%	2.2%

Valuation

	DOUG	HOUS	COMP	EXPI	REAX	CBRE	Median
Name	Douglas .	Anywhere.	Compass	eXp World	Real Bro.	CBRE
Mkt Cap	0.2	-	7.4	1.4	0.8	50.4	1.4
P/S	0.2	-	1.1	0.3	0.4	1.3	0.4
P/EBIT	-4.2	-	-130.9	-97.5	-72.3	32.8	-72.3
P/E	-3.8	-	-130.9	-74.8	-76.0	41.1	-74.8
P/CFO	-27.0	-	36.6	12.2	11.5	30.1	12.2
Total Yield	-26.0%	-	-0.8%	0.8%	-1.3%	2.4%	-0.8%
Dividend Yield	0.0%	-	0.0%	2.1%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	-15.6%	-	-0.9%	9.0%	6.5%	1.9%	1.9%
D/E	0.6	-	0.1	0.0	0.0	0.2	0.1
Net D/E	-0.0	-	0.0	-0.1	-0.1	0.2	-0.0

Returns

	DOUG	HOUS	COMP	EXPI	REAX	CBRE	Median
Name	Douglas .	Anywhere.	Compass	eXp World	Real Bro.	CBRE
1M Rtn	16.9%	-	22.0%	-0.6%	1.9%	3.2%	3.2%
3M Rtn	5.5%	-	71.5%	-11.5%	2.5%	11.0%	5.5%
6M Rtn	-4.3%	-	80.5%	-14.3%	-8.0%	7.7%	-4.3%
12M Rtn	62.7%	-	75.9%	-20.1%	-26.7%	18.9%	18.9%
3Y Rtn	-37.9%	-	227.1%	-42.6%	159.6%	100.7%	100.7%
1M Excs Rtn	12.8%	-	22.5%	-3.2%	-1.5%	2.2%	2.2%
3M Excs Rtn	-4.0%	-	60.4%	-19.6%	-7.4%	3.7%	-4.0%
6M Excs Rtn	-20.7%	-	67.5%	-26.7%	-19.8%	-2.3%	-19.8%
12M Excs Rtn	47.6%	-	69.8%	-33.9%	-39.8%	2.4%	2.4%
3Y Excs Rtn	-110.8%	-	208.0%	-105.7%	103.7%	25.7%	25.7%

FDIC Bank Data

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/5/2025	3/17/2025	3/8/2024	3/16/2023	3/31/2022	12/17/2021	3/31/2022
Key Financials
Total Revenue	1,031	996	956	1,153	1,353	774	784
Net Income	-59	-76	-43	-6	99	-46	8
EPS	-0.70	-0.91	-0.52	-0.08	1.21	-0.57	0.10
Growth Rates
Total Revenue Growth	6.7%	4.2%	-17.1%	-14.8%	74.8%	-1.3%	4.0%
Net Income Growth	30.3%	-79.3%	-656.9%	-105.7%	313.1%	-648.2%	130.6%
Margins
Net Income Margin	-5.8%	-7.7%	-4.5%	-0.5%	7.3%	-6.0%	1.1%
Cash & Debt
Total Cash	143	145	120	164	212	94	71
Total Debt	143	156	133	143	165	192	192
Net Debt / (Cash)	-0	11	13	-21	-47	98	120
Cash Flows
Net Cash from Operations	-8	-26	-30	-15	128	32	8
Free Cash from Operations	-13	-31	-37	-23	124	26	-1
Returns to Shareholders
Dividends	0	-0	4	16	31	-0	19
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/5/2025	8/5/2025	5/6/2025	3/17/2025	11/12/2024	8/9/2024	5/10/2024	3/8/2024	11/9/2023	8/9/2023	5/15/2023	3/16/2023
Key Financials Quarterly
Total Revenue	263	271	253	243	266	286	200	214	252	276	214	207
Net Income	-25	-23	-6	-6	-27	-2	-41	-15	-5	-5	-18	-18
EPS	-0.29	-0.27	-0.07	-0.07	-0.33	-0.02	-0.50	-0.18	-0.06	-0.06	-0.22	-0.23
Key Financials TTM
Total Revenue TTM	1,031	1,034	1,049	996	966	952	942	956	949	970	1,058	1,153
Net Income TTM	-59	-62	-41	-76	-85	-63	-66	-43	-46	-45	-30	-6
Growth Rates Quarterly
Total Revenue Growth	-1.3%	-5.0%	26.6%	13.6%	5.9%	3.6%	-6.4%	3.3%	-7.7%	-24.3%	-30.7%	-38.0%
Net Income Growth	9.2%	-1262.6%	85.6%	59.6%	-458.6%	68.1%	-135.3%	19.4%	-22.8%	-150.9%	-370.7%	-191.2%
Margins Quarterly
Net Income Margin	-9.4%	-8.4%	-2.4%	-2.5%	-10.2%	-0.6%	-20.7%	-6.9%	-1.9%	-1.9%	-8.2%	-8.9%
Cash & Debt
Total Cash	143	136	137	145	151	93	91	120	126	130	124	164
Total Debt	143	147	152	156	154	124	129	133	137	138	138	143
Net Debt / (Cash)	-0	11	15	11	3	31	37	13	10	7	14	-21
Cash Flows Quarterly
FCF from Operations	5	1	-6	-9	9	1	-27	-3	-5	8	-32	-20
Cash Flows TTM
FCF from Operations TTM	-8	-5	-4	-26	-20	-33	-26	-30	-48	-31	-40	-15
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	4	4
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-10.4%	-7.0%	-7.1%	-20.5%	-10.1%	-3.9%	-29.5%	-22.0%	-8.7%	-8.8%	-24.2%	-31.7%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-11.6%	-11.2%	-10.4%	-16.9%	-18.4%	-16.6%	-17.5%	-15.7%	-17.3%	-17.1%	-11.5%	-1.8%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022
Real Estate Brokerage	956	1,153	1,353
Corporate Activities and Other	0	0
Total	956	1,153	1,353

Operating Income by Segment

$ Mil	2024	2023	2022
Corporate Activities and Other	-28	-27	0
Real Estate Brokerage	-37	22	102
Total	-64	-5	102

Assets by Segment

$ Mil	2024	2023	2022
Real Estate Brokerage	455	513	548
Corporate Activities and Other	38	38	47
Total	493	550	595

Price Behavior

Price Behavior

Market Price	$2.70
Market Cap ($ Bil)	0.2
First Trading Date	12/31/2021
Distance from 52W High	-13.2%
	50 Days	200 Days
DMA Price	$2.55	$2.49
DMA Trend	up	down
Distance from DMA	6.1%	8.5%
	3M	1YR
Volatility	53.9%	74.4%
Downside Capture	221.93	160.29
Upside Capture	239.33	186.57
Correlation (SPY)	53.6%	37.0%

DOUG Betas & Captures as of 12/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.88	2.20	2.10	2.61	1.39	1.52
Up Beta	-0.63	3.55	3.74	4.18	1.38	1.34
Down Beta	0.22	1.24	0.59	2.70	1.22	1.13
Up Capture	15%	211%	181%	221%	260%	466%
Bmk +ve Days	11	23	37	72	143	431
Stock +ve Days	7	16	25	57	115	340
Down Capture	244%	215%	251%	202%	126%	112%
Bmk -ve Days	11	18	27	55	108	320
Stock -ve Days	14	24	35	61	122	370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with DOUG
DOUG	60.5%	74.3%	0.94	-
Sector ETF (XLRE)	-0.4%	16.4%	-0.20	33.6%
Equity (SPY)	17.1%	19.3%	0.69	37.1%
Gold (GLD)	97.2%	20.8%	3.18	3.1%
Commodities (DBC)	13.8%	15.4%	0.64	14.8%
Real Estate (VNQ)	1.2%	16.5%	-0.10	35.7%
Bitcoin (BTCUSD)	-12.7%	39.6%	-0.25	18.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with DOUG
DOUG	-23.9%	71.1%	-0.18	-
Sector ETF (XLRE)	5.4%	19.0%	0.19	38.0%
Equity (SPY)	14.1%	17.1%	0.66	36.9%
Gold (GLD)	23.2%	15.8%	1.19	8.1%
Commodities (DBC)	12.6%	18.8%	0.54	8.7%
Real Estate (VNQ)	4.7%	18.8%	0.16	40.2%
Bitcoin (BTCUSD)	23.7%	57.6%	0.60	17.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with DOUG
DOUG	-12.8%	71.1%	-0.18	-
Sector ETF (XLRE)	7.1%	20.5%	0.31	38.0%
Equity (SPY)	16.0%	17.9%	0.77	36.9%
Gold (GLD)	16.8%	14.9%	0.94	8.1%
Commodities (DBC)	9.2%	17.6%	0.43	8.7%
Real Estate (VNQ)	6.1%	20.8%	0.26	40.2%
Bitcoin (BTCUSD)	70.9%	66.5%	1.10	17.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	1152026
Short Interest: Shares Quantity	0.9 Mil
Short Interest: % Change Since 12312025	-47.0%
Average Daily Volume	0.5 Mil
Days-to-Cover Short Interest	1.8 days
Basic Shares Quantity	84.6 Mil
Short % of Basic Shares	1.0%

Returns Analyses

	Title
0	Is Douglas Elliman Stock Built to Withstand More Downside?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/4/2025	-2.0%	5.7%	6.5%
7/31/2025	-22.9%	-22.5%	-1.1%
3/11/2025	3.0%	15.9%	-6.7%
11/7/2024	4.1%	-6.7%	25.4%
8/8/2024	-1.1%	19.8%	-12.8%
5/10/2024	-18.1%	-2.1%	-23.6%
3/1/2024	-0.5%	-3.3%	-22.3%
11/8/2023	-3.2%	9.7%	24.9%
...
SUMMARY STATS
# Positive	4	6	5
# Negative	10	8	9
Median Positive	4.3%	8.4%	16.4%
Median Negative	-6.1%	-7.5%	-12.8%
Max Positive	8.4%	19.8%	25.4%
Max Negative	-22.9%	-24.3%	-25.2%

	Forward Returns
11/4/2025	-2.0%	5.7%	6.5%
7/31/2025	-22.9%	-22.5%	-1.1%
3/11/2025	3.0%	15.9%	-6.7%
11/7/2024	4.1%	-6.7%	25.4%
8/8/2024	-1.1%	19.8%	-12.8%
5/10/2024	-18.1%	-2.1%	-23.6%
3/1/2024	-0.5%	-3.3%	-22.3%
11/8/2023	-3.2%	9.7%	24.9%
8/8/2023	8.4%	7.0%	16.4%
3/10/2023	-15.6%	-24.3%	-24.0%
11/4/2022	-8.9%	-12.7%	-10.3%
8/5/2022	-8.9%	-8.3%	-25.2%
5/10/2022	-1.8%	1.1%	-3.3%
3/1/2022	4.5%	-5.7%	2.5%
SUMMARY STATS
# Positive	4	6	5
# Negative	10	8	9
Median Positive	4.3%	8.4%	16.4%
Median Negative	-6.1%	-7.5%	-12.8%
Max Positive	8.4%	19.8%	25.4%
Max Negative	-22.9%	-24.3%	-25.2%

SEC Filings

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Report Date	Filing Date	Filing
09/30/2025	11/05/2025	10-Q
06/30/2025	08/05/2025	10-Q
03/31/2025	05/06/2025	10-Q
12/31/2024	03/17/2025	10-K
09/30/2024	11/12/2024	10-Q
06/30/2024	08/09/2024	10-Q
03/31/2024	05/10/2024	10-Q
12/31/2023	03/08/2024	10-K
09/30/2023	11/09/2023	10-Q
06/30/2023	08/09/2023	10-Q
03/31/2023	05/15/2023	10-Q
12/31/2022	03/16/2023	10-K
09/30/2022	11/04/2022	10-Q
06/30/2022	08/05/2022	10-Q
03/31/2022	05/11/2022	10-Q
12/31/2021	03/31/2022	10-K

Insider Activity

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#	Owner	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Bartels, Patrick J Jr	Direct	Buy	5122025	1.84	15,200	28,030	136,786	Form
2	Bartels, Patrick J Jr	Direct	Buy	5122025	1.85	61,696	114,360	251,850	Form
3	Bartels, Patrick J Jr	Direct	Buy	5122025	1.92	58,104	111,292	371,540	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Douglas Elliman (DOUG)

Market Price (1/29/2026): $2.705 | Market Cap: $228.8 MilSector: Real Estate | Industry: Real Estate Services

Douglas Elliman (DOUG)

Market Price (1/29/2026): $2.705Market Cap: $228.8 MilSector: Real EstateIndustry: Real Estate Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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INDUSTRY: Real Estate Services

Higher Rev Chg 3Y Avg | Lower P/S (Values for DOUG: -5.8% | 0.2x)

Higher Rev Chg LTM (Value for DOUG: 6.7%)

Higher Rev Chg 3Y Avg (Value for DOUG: -5.8%)

Higher Op Mgn LTM (Value for DOUG: -3.3%)

Higher CFO/Rev LTM (Value for DOUG: -0.8%)

Higher FCF/Rev LTM (Value for DOUG: -1.2%)

Higher Total Yield (Value for DOUG: -26.0%)

SECTOR: Real Estate

Higher Rev Chg 3Y Avg | Lower P/S (Values for DOUG: -5.8% | 0.2x)

Higher Rev Chg LTM (Value for DOUG: 6.7%)

Higher Rev Chg 3Y Avg (Value for DOUG: -5.8%)

Higher Op Mgn LTM (Value for DOUG: -3.3%)

Higher CFO/Rev LTM (Value for DOUG: -0.8%)

Higher FCF/Rev LTM (Value for DOUG: -1.2%)

Higher Total Yield (Value for DOUG: -26.0%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for DOUG: -5.8% | 0.2x)

Higher Rev Chg LTM (Value for DOUG: 6.7%)

Higher Rev Chg 3Y Avg (Value for DOUG: -5.8%)

Higher Op Mgn LTM (Value for DOUG: -3.3%)

Higher CFO/Rev LTM (Value for DOUG: -0.8%)

Higher FCF/Rev LTM (Value for DOUG: -1.2%)

Higher Total Yield (Value for DOUG: -26.0%)

Best Bets in Real Estate

P/EBIT (Value for DOUG: -4.2x)

P/E (Value for DOUG: -3.8x)

Rev Chg 3Y Avg (Value for DOUG: -5.8%)

Rev Chg LTM (Value for DOUG: 6.7%)

Rev Chg Q (Value for DOUG: -1.3%)

FCF/Rev 3Y Avg (Value for DOUG: -3.2%)

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Market Price (1/29/2026): $2.705 | Market Cap: $228.8 Mil
Sector: Real Estate | Industry: Real Estate Services

Market Price (1/29/2026): $2.705
Market Cap: $228.8 Mil
Sector: Real Estate
Industry: Real Estate Services