Douglas Elliman Inc (NYSE:DOUG) has a beta value of 1.48 and has seen 1.45 million shares traded in the last trading session. The company, currently valued at $144.21M, closed the last trade at $1.64 per share which meant it lost -$0.06 on the day or -3.53% during that session. The DOUG stock price is -97.56% off its 52-week high price of $3.24 and 5.49% above the 52-week low of $1.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.18 million shares traded. The 3-month trading volume is 798.75K shares.
Douglas Elliman Inc (NYSE:DOUG) trade information
Sporting -3.53% in the red in last session, the stock has traded in the red over the last five days, when the DOUG stock price touched $1.64 or saw a rise of 19.21%. Year-to-date, Douglas Elliman Inc shares have moved -44.41%, while the 5-day performance has seen it change -14.58%. Over the past 30 days, the shares of Douglas Elliman Inc (NYSE:DOUG) have changed -23.72%. Short interest in the company has seen 0.52 million shares shorted with days to cover at 0.57.
Douglas Elliman Inc (DOUG) estimates and forecasts
Figures show that Douglas Elliman Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -27.75% over the past 6 months, with this year growth rate of 126.00%, compared to 7.70% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 73.90% and 166.70% for the next quarter. Revenue growth from the last financial year stood is estimated to be 16.20%.
2 analysts offering their estimates for the company have set an average revenue estimate of $243.15 million for the current quarter. 2 have an estimated revenue figure of $305.79 million for the next quarter concluding in Jun 2024. Year-ago sales stood $213.98 million and $242.06 million respectively for this quarter and the next, and analysts expect sales will grow by 13.60% for the current quarter and 26.30% for the next.
DOUG Dividends
Douglas Elliman Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.05 at a share yield of 2.90%. The company’s dividend yield has gone up over the past 12 months.
Douglas Elliman Inc (NYSE:DOUG)’s Major holders
Insiders own 20.44% of the company shares, while shares held by institutions stand at 53.08% with a share float percentage of 66.73%. Investors are also buoyed by the number of investors in a company, with Douglas Elliman Inc having a total of 204 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 7.26 million shares worth more than $16.11 million. As of Jun 29, 2023, Vanguard Group Inc held 8.19% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 5.5 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $12.21 million and represent 6.21% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Smallcap World Fund and Vanguard Specialized-Real Estate Index Fund. As of Jun 29, 2023, the former fund manager holds about 4.76% shares in the company for having 4.22 million shares of worth $9.36 million while later fund manager owns 3.16 million shares of worth $6.98 million as of Jul 30, 2023, which makes it owner of about 3.56% of company’s outstanding stock.
