Douglas Elliman (DOUG)
Market Price (4/23/2026): $1.935 | Market Cap: $164.4 MilSector: Real Estate | Industry: Real Estate Operating Companies
Douglas Elliman (DOUG)
Market Price (4/23/2026): $1.935Market Cap: $164.4 MilSector: Real EstateIndustry: Real Estate Operating Companies
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.1% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32% Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more. | Weak multi-year price returns3Y Excs Rtn is -110% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -32 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.1% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.1% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.3%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.7% Key risksDOUG key risks include [1] its persistent quarterly losses and an operating margin that is below the industry average. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.1% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -32% |
| Megatrend and thematic driversMegatrends include Smart Buildings & Proptech, and Sustainable & Green Buildings. Themes include IoT for Buildings, Real Estate Data Analytics, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -110% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -32 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.1% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.1% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.3%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1.7% |
| Key risksDOUG key risks include [1] its persistent quarterly losses and an operating margin that is below the industry average. |
Qualitative Assessment
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1. Douglas Elliman significantly missed Q4 2025 adjusted earnings and revenue estimates. The company reported an Adjusted Net Loss of $14.2 million, or -$0.17 per diluted share, which was $0.20 below analyst expectations of a $0.03 EPS. Additionally, revenue for Q4 2025 came in at $245.4 million, missing analyst forecasts of $299.9 million by $54.4 million. This significant earnings miss led to a premarket stock price decline of 17.24% following the announcement on March 13, 2026.
2. The company demonstrated deteriorating underlying profitability despite a reported GAAP net income for Q4 2025. While Douglas Elliman reported a GAAP net income of $68.6 million, or $0.68 per diluted share, for Q4 2025, this figure included an $81.7 million gain from the disposal of its property management business. Excluding this one-time gain, the underlying business reported an adjusted EBITDA loss of $10.6 million for Q4 2025, which was wider than the $6.6 million loss in Q4 2024, indicating worsening operational performance without the non-recurring event. For the full year 2025, the Adjusted Net Loss attributed to Douglas Elliman was $27.1 million, or $0.32 per diluted share.
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Stock Movement Drivers
Fundamental Drivers
The -18.1% change in DOUG stock from 12/31/2025 to 4/22/2026 was primarily driven by a -17.9% change in the company's P/S Multiple.| (LTM values as of) | 12312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.37 | 1.94 | -18.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,031 | 1,033 | 0.2% |
| P/S Multiple | 0.2 | 0.2 | -17.9% |
| Shares Outstanding (Mil) | 85 | 85 | -0.5% |
| Cumulative Contribution | -18.1% |
Market Drivers
12/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| DOUG | -18.1% | |
| Market (SPY) | -5.4% | 26.1% |
| Sector (XLRE) | 7.7% | 14.3% |
Fundamental Drivers
The -32.2% change in DOUG stock from 9/30/2025 to 4/22/2026 was primarily driven by a -31.7% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.86 | 1.94 | -32.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,034 | 1,033 | -0.1% |
| P/S Multiple | 0.2 | 0.2 | -31.7% |
| Shares Outstanding (Mil) | 84 | 85 | -0.6% |
| Cumulative Contribution | -32.2% |
Market Drivers
9/30/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| DOUG | -32.2% | |
| Market (SPY) | -2.9% | 35.4% |
| Sector (XLRE) | 4.3% | 20.7% |
Fundamental Drivers
The 12.8% change in DOUG stock from 3/31/2025 to 4/22/2026 was primarily driven by a 10.2% change in the company's P/S Multiple.| (LTM values as of) | 3312025 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.72 | 1.94 | 12.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 996 | 1,033 | 3.8% |
| P/S Multiple | 0.1 | 0.2 | 10.2% |
| Shares Outstanding (Mil) | 84 | 85 | -1.4% |
| Cumulative Contribution | 12.8% |
Market Drivers
3/31/2025 to 4/22/2026| Return | Correlation | |
|---|---|---|
| DOUG | 12.8% | |
| Market (SPY) | 16.3% | 30.9% |
| Sector (XLRE) | 6.7% | 28.7% |
Fundamental Drivers
The -34.5% change in DOUG stock from 3/31/2023 to 4/22/2026 was primarily driven by a -24.0% change in the company's P/S Multiple.| (LTM values as of) | 3312023 | 4222026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.96 | 1.94 | -34.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,153 | 1,033 | -10.4% |
| P/S Multiple | 0.2 | 0.2 | -24.0% |
| Shares Outstanding (Mil) | 82 | 85 | -3.8% |
| Cumulative Contribution | -34.5% |
Market Drivers
3/31/2023 to 4/22/2026| Return | Correlation | |
|---|---|---|
| DOUG | -34.5% | |
| Market (SPY) | 63.3% | 30.6% |
| Sector (XLRE) | 28.0% | 34.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DOUG Return | 0% | -63% | -23% | -43% | 42% | -21% | -82% |
| Peers Return | 119% | -56% | 39% | 59% | 19% | -17% | 108% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 88% |
Monthly Win Rates [3] | |||||||
| DOUG Win Rate | 0% | 25% | 42% | 42% | 50% | 50% | |
| Peers Win Rate | 53% | 30% | 53% | 63% | 50% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| DOUG Max Drawdown | 0% | -68% | -58% | -65% | -8% | -34% | |
| Peers Max Drawdown | -22% | -61% | -12% | -17% | -20% | -29% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COMP, EXPI, REAX, CBRE, JLL.
[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 4/22/2026 (YTD)
How Low Can It Go
| Event | DOUG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -86.1% | -25.4% |
| % Gain to Breakeven | 618.8% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to COMP, EXPI, REAX, CBRE, JLL
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)
AI Analysis | Feedback
1. Think of it as a publicly traded real estate brokerage, similar to **Compass (COMP)** or **Redfin (RDFN)**, with a large network of agents specializing in key residential markets.
2. It's like a national residential real estate agency, comparable to well-known brands such as **Coldwell Banker** or **RE/MAX**, but operating as an independent, publicly traded company.
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- Residential Real Estate Brokerage Services: This service involves assisting clients with the buying, selling, and renting of residential properties across various U.S. markets.
- Property Technology (PropTech) Investment: This involves investing in and developing technology companies and solutions that innovate the real estate industry.
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Douglas Elliman (DOUG) primarily sells its real estate brokerage services to **individuals** rather than other companies.
The company serves the following categories of individual customers:
- Residential Home Buyers: Individuals, couples, and families seeking to purchase residential properties, including primary residences, vacation homes, and investment properties.
- Residential Home Sellers: Individuals, couples, and families looking to list and sell their residential properties.
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Michael Liebowitz, Chairman and Chief Executive Officer
Mr. Liebowitz was appointed Chairman and Chief Executive Officer of Douglas Elliman Inc. in October 2024. He is an entrepreneur, private investor, and seasoned business executive with over 25 years of experience founding, acquiring, and monetizing businesses in the insurance and financial industries. His past ventures include founding or acquiring Harbor Group Consulting LLC, National Financial Partners Corp. (NYSE: NFP), Innova Risk Management, and High Street Valuations. He currently serves as Chairman and Chief Executive Officer of Nocopi Technologies Inc. (OTC QB: NNUP). He previously led the Harbor Group Division of Alliant as President and CEO, and High Street Valuations until 2023, and Harbor and Innova until 2018 and 2019, respectively, at which point they were acquired by Alliant.
J. Bryant Kirkland III, Executive Vice President, Treasurer and Chief Financial Officer
Mr. Kirkland serves as Executive Vice President, Treasurer and Chief Financial Officer of Douglas Elliman Inc. Prior to this role, he was the Chief Financial Officer of Vector Group Ltd. from April 2006 until October 2024. He also served as Chief Financial Officer of New Valley Corporation from 1998 until its acquisition by Vector Group in December 2005. Additionally, Mr. Kirkland held the positions of Chairman of the Board of Directors, President, and Chief Executive Officer for Multi Solutions II, Inc. and Multi-Soft II, Inc., both subsidiaries of Vector Group, from 2012 to October 2024.
Bradley H. Brodie, Senior Vice President, General Counsel and Secretary
Mr. Brodie joined Douglas Elliman in August 2025. Before his tenure at Douglas Elliman, he served as Counsel at Sidley Austin LLP from August 2023 to August 2025 and as Of Counsel at DLA Piper LLP (US) from May 2022 to August 2023. Earlier in his career, he was the Director, Assistant General Counsel at Chewy, Inc. from September 2020 to May 2022, and also held the position of Vice President - Legal Affairs at Ladenburg Thalmann Financial Services Inc.
Lisa Seligman, Vice President of Human Resources
Ms. Seligman joined Douglas Elliman in January 2023, where she leads talent recruitment and development, performance management, and diversity, equity, and inclusion initiatives. Before her role at Douglas Elliman, she served as Global Vice President of Human Resources at Arcade Beauty.
Stephen T. Larkin, Vice President of Communications
Mr. Larkin serves as Vice President of Communications for Douglas Elliman Inc. He is a graduate of Wheaton College in Massachusetts and holds a Master of Science from the Columbia University Graduate School of Journalism.
AI Analysis | Feedback
The key risks to Douglas Elliman Inc.'s (DOUG) business are primarily tied to the cyclical nature of the real estate market, ongoing profitability challenges, and negative market sentiment.
- Sluggish Residential Real Estate Market Conditions: Douglas Elliman's primary revenue source, brokerage commissions, is directly impacted by the health of the residential real estate market. The company faces significant external headwinds from a sluggish market, ongoing economic pressures, and elevated mortgage rates. This has led to reduced inventory of homes available for sale and softer demand in the near term, as indicated by declining cash receipts for early 2026 compared to the prior year.
- Profitability Challenges and Operational Inefficiencies: Despite some positive financial turnarounds, Douglas Elliman continues to grapple with profitability issues. The company has reported negative operating margins, EBIT margins, net income losses, and negative return on equity in recent periods, placing its operating margin below the industry average for loss-making brokerages. While strategic moves like becoming debt-free in late 2025 de-risk the financial structure, the core business still needs to consistently achieve positive operating margins to justify higher valuations and improve financial health.
- Negative Market Sentiment and Investor Confidence: Douglas Elliman's stock has experienced significant volatility and declines, reflecting market caution and compromised investor confidence. The company's high volatility and a beta indicating higher risk compared to the broader market are noted, with analysts showing negative sentiment and DOUG underperforming against real estate benchmarks. This perception can impact the company's valuation and its ability to attract investment.
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The rise and increasing adoption of online real estate platforms, discount brokerages, and iBuyer models that offer alternative, often lower-cost or more streamlined, methods for buying and selling properties, directly challenging the traditional commission-based brokerage model.
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Douglas Elliman Inc.'s primary service is residential real estate brokerage. The addressable markets for this service in regions where the company operates are as follows:
- United States: The residential segment of the U.S. real estate brokerage market was approximately $167.22 billion in 2025, calculated from a total U.S. real estate brokerage market of $206.45 billion in 2025, with residential holding an 81% market share in 2024. Another estimate places the overall U.S. Real Estate Sales & Brokerage market at $240.0 billion in 2025. The North American real estate brokerage market, of which the United States holds 86.35% of 2025 revenue, is valued at $249.14 billion in 2026, with residential assets accounting for 78.48% of the revenue in 2025.
- California: The market size of the Real Estate Sales & Brokerage industry in California is projected to be $40.9 billion in 2026.
- New York: The market size of the Real Estate Sales & Brokerage industry in New York is projected to be $16.6 billion in 2026.
- Florida: The market size of the Real Estate Sales & Brokerage industry in Florida is projected to be $25.5 billion in 2026.
Specific market sizes for Connecticut, Massachusetts, Colorado, New Jersey, and Texas were not individually identified, but they are encompassed within the broader U.S. market figures.
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Douglas Elliman Inc. (NYSE: DOUG) is anticipated to drive future revenue growth over the next 2-3 years through several strategic initiatives:
- International and Domestic Market Expansion: The company is actively pursuing expansion into new international destinations, with recent entries into locations like the French Alps, Bordeaux, the French Riviera, and Monaco. Domestically, Douglas Elliman has established a market growth team to expand its footprint within existing markets and a new markets team dedicated to driving expansion into new areas.
- Product Innovation and Technology Investments: Douglas Elliman is enhancing its offerings through product innovation, notably with the launch and expansion of Elliman Capital in Florida and New York. This platform aims to provide integrated real estate and finance services, broadening the company's value proposition. Additionally, investments in agent-centric technology, such as the rollout of "Elli AI" and improved marketing tools, are expected to empower agents and deliver greater client value.
- Growth in Development Marketing Division: The company has observed increased revenues from its development marketing division and possesses a robust pipeline with a gross transaction value of $25.3 billion. Approximately $7.5 billion of this pipeline is expected to come to market by the end of 2026, indicating a significant future revenue stream.
- Continued Strength and Focus on the Luxury Real Estate Market: Douglas Elliman continues to emphasize its strong position in the luxury market. The average price per transaction increased in 2025, alongside notable increases in sales of homes priced above $5 million and $10 million. The company is strategically recruiting agents by leveraging its competitive advantage in this high-value sector.
- Strategic Recruitment and Agent Resources: Douglas Elliman is investing in talent and agent resources, including senior leadership hires and initiatives to strategically recruit agents. These efforts are aimed at strengthening its agent base and enhancing its capacity to serve clients effectively, particularly in the luxury segment.
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Share Repurchases
No specific share repurchase programs or dollar amounts of share repurchases were identified for Douglas Elliman in the last 3-5 years.
Share Issuance
- Douglas Elliman's shares outstanding increased from 82.46 million in 2023 to 85.67 million in 2024, before slightly decreasing to 85.14 million in 2025.
- Restricted shares were awarded on various dates between 2021 and 2024, including an aggregate of 38,750 shares, valued at $2.755 per share, related to officer compensation.
- In October 2025, the company redeemed all its 7.0% Convertible Notes due 2029 for an aggregate payment of $95.0 million, which included accrued interest, thus eliminating its long-term debt.
Inbound Investments
No information was explicitly found regarding large, strategic inbound investments made in Douglas Elliman Inc. by third-party strategic partners or private equity firms within the last 3-5 years.
Outbound Investments
- As a significant capital allocation decision, Douglas Elliman sold its Property Management division in October 2025 for a base purchase price of $85.0 million, resulting in an $81.7 million gain that contributed to the company's 2025 net income and strengthened its balance sheet.
- Douglas Elliman made strategic investments in PropTech companies and funds through its New Valley Ventures LLC, with a carrying value of approximately $11.4 million as of December 31, 2024, including an investment in Rechat.
- The company launched Elliman Capital in Florida and New York to provide integrated real estate and finance experiences, leveraging a strategic alliance with associated mortgage bankers.
Capital Expenditures
- Douglas Elliman has focused on investments in technology, talent, and agent resources to support luxury market growth and enhance operational efficiency.
- The company manages investments across its markets by targeting expenses related to office leases, professional services, and technology.
- Investments have also been made in its Development Marketing division, which contributed to its pipeline and operational momentum in recent years.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Douglas Elliman Earnings Notes | 12/16/2025 | |
| Is Douglas Elliman Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to DOUG.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 03272026 | SBAC | SBA Communications | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.0% | 3.0% | 0.0% |
| 03132026 | HIW | Highwoods Properties | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -0.2% | -0.2% | -4.1% |
| 03062026 | ARE | Alexandria Real Estate Equities | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -7.1% | -7.1% | -7.8% |
| 03062026 | VNO | Vornado Realty Trust | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -3.5% | -3.5% | -8.3% |
| 02272026 | KRC | Kilroy Realty | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.6% | -3.6% | -5.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 7.22 |
| Mkt Cap | 2.8 |
| Rev LTM | 5,867 |
| Op Inc LTM | -15 |
| FCF LTM | 156 |
| FCF 3Y Avg | 128 |
| CFO LTM | 168 |
| CFO 3Y Avg | 139 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.4% |
| Rev Chg 3Y Avg | 7.3% |
| Rev Chg Q | 11.7% |
| QoQ Delta Rev Chg LTM | 3.1% |
| Op Inc Chg LTM | 33.6% |
| Op Inc Chg 3Y Avg | 14.4% |
| Op Mgn LTM | -0.4% |
| Op Mgn 3Y Avg | -0.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 3.2% |
| CFO/Rev 3Y Avg | 3.3% |
| FCF/Rev LTM | 2.9% |
| FCF/Rev 3Y Avg | 2.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.8 |
| P/S | 0.5 |
| P/Op Inc | -26.8 |
| P/EBIT | -20.7 |
| P/E | -17.5 |
| P/CFO | 11.7 |
| Total Yield | 1.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.7% |
| D/E | 0.1 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.8% |
| 3M Rtn | -27.5% |
| 6M Rtn | -14.6% |
| 12M Rtn | 18.3% |
| 3Y Rtn | 117.5% |
| 1M Excs Rtn | 2.3% |
| 3M Excs Rtn | -31.3% |
| 6M Excs Rtn | -20.1% |
| 12M Excs Rtn | -17.3% |
| 3Y Excs Rtn | 36.5% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Commission and other brokerage income - existing home sales | 879 | |||
| Commission and other brokerage income - development marketing | 68 | |||
| Property management revenue | 37 | |||
| Escrow and title fees | 12 | |||
| Corporate Activities and Other | 0 | 0 | ||
| Real Estate Brokerage | 956 | 1,153 | 1,353 | |
| Total | 996 | 956 | 1,153 | 1,353 |
Price Behavior
| Market Price | $1.94 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 12/31/2021 | |
| Distance from 52W High | -37.6% | |
| 50 Days | 200 Days | |
| DMA Price | $1.99 | $2.45 |
| DMA Trend | down | down |
| Distance from DMA | -2.6% | -20.9% |
| 3M | 1YR | |
| Volatility | 76.0% | 76.0% |
| Downside Capture | 0.98 | 0.92 |
| Upside Capture | 76.71 | 169.04 |
| Correlation (SPY) | 18.9% | 28.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.20 | 0.95 | 1.53 | 1.82 | 1.27 | 1.56 |
| Up Beta | -0.36 | 1.04 | 1.48 | 2.71 | 1.30 | 1.41 |
| Down Beta | -1.68 | -1.91 | 0.51 | 0.53 | 0.77 | 1.07 |
| Up Capture | -32% | 87% | 184% | 180% | 214% | 570% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 10 | 20 | 31 | 55 | 115 | 342 |
| Down Capture | 232% | 269% | 219% | 209% | 141% | 112% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 12 | 22 | 27 | 63 | 121 | 366 |
[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 | 24.2% | 76.0% | 0.61 | - |
| Sector ETF (XLRE) | 12.8% | 13.7% | 0.64 | 23.8% |
| Equity (SPY) | 26.7% | 12.5% | 1.77 | 29.3% |
| Gold (GLD) | 38.9% | 27.4% | 1.19 | 6.0% |
| Commodities (DBC) | 23.5% | 16.2% | 1.32 | 6.3% |
| Real Estate (VNQ) | 15.6% | 13.6% | 0.82 | 26.5% |
| Bitcoin (BTCUSD) | -12.8% | 42.6% | -0.21 | 9.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DOUG | |
|---|---|---|---|---|
| DOUG | -28.8% | 71.5% | -0.25 | - |
| Sector ETF (XLRE) | 4.3% | 19.1% | 0.13 | 36.6% |
| Equity (SPY) | 10.5% | 17.1% | 0.48 | 36.1% |
| Gold (GLD) | 21.5% | 17.8% | 0.99 | 7.7% |
| Commodities (DBC) | 10.7% | 18.8% | 0.47 | 8.5% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 38.8% |
| Bitcoin (BTCUSD) | 3.8% | 56.4% | 0.29 | 16.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DOUG | |
|---|---|---|---|---|
| DOUG | -15.6% | 71.5% | -0.25 | - |
| Sector ETF (XLRE) | 6.6% | 20.4% | 0.28 | 36.6% |
| Equity (SPY) | 13.8% | 17.9% | 0.66 | 36.1% |
| Gold (GLD) | 13.9% | 15.9% | 0.73 | 7.7% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 8.5% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 38.8% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 16.6% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/13/2026 | -26.7% | -30.2% | -26.7% |
| 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% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 4 | 6 | 5 |
| # Negative | 11 | 9 | 10 |
| Median Positive | 4.3% | 8.4% | 16.4% |
| Median Negative | -8.9% | -8.3% | -17.6% |
| Max Positive | 8.4% | 19.8% | 25.4% |
| Max Negative | -26.7% | -30.2% | -26.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/16/2026 | 10-K |
| 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 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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