Douglas Elliman Inc (NYSE: DOUG) Stock: Can It Surge Further?

In the last trading session, 1.72 million shares of the Douglas Elliman Inc (NYSE:DOUG) were traded, and its beta was 1.40. Most recently the company’s share price was $2.02, and it changed around $0.02 or 1.00% from the last close, which brings the market valuation of the company to $185.25M. DOUG currently trades at a discount to its 52-week high of $3.16, offering almost -56.44% off that amount. The share price’s 52-week low was $1.00, which indicates that the current value has risen by an impressive 50.5% since then. We note from Douglas Elliman Inc’s average daily trading volume that its 10-day average is 1.88 million shares, with the 3-month average coming to 1.22 million.

Douglas Elliman Inc (NYSE:DOUG) trade information

Instantly DOUG has showed a green trend with a performance of 1.00% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.18 on recent trading dayincreased the stock’s daily price by 7.34%. The company’s shares are currently down -31.53% year-to-date, but still up 10.99% over the last five days. On the other hand, Douglas Elliman Inc (NYSE:DOUG) is 92.38% up in the 30-day period. We can see from the shorts that 0.91 million shares have been sold at a short interest cover period of 0.55 day(s).

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Douglas Elliman Inc (DOUG) estimates and forecasts

Douglas Elliman Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -5.61 percent over the past six months and at a -6.00% annual growth rate that is well below the industry average of 3.60%.

DOUG Dividends

Douglas Elliman Inc’s next quarterly earnings report is expected to be released on 2024-May-09.

Douglas Elliman Inc (NYSE:DOUG)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 21.29% of Douglas Elliman Inc shares, and 47.30% of them are in the hands of institutional investors. The stock currently has a share float of 60.10%. Douglas Elliman Inc stock is held by 176.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-03-31, it held 6.3982% of the shares, which is about 5.63 million shares worth $8.89 million.

RENAISSANCE TECHNOLOGIES LLC, with 5.032% or 4.42 million shares worth $6.99 million as of 2024-03-31, holds the second largest percentage of outstanding shares.