Douglas Elliman Inc (NYSE:DOUG) Stock Dropped -34.58% Year-To-Date, What Analysts Expect Next?

In last trading session, Douglas Elliman Inc (NYSE:DOUG) saw 2.16 million shares changing hands with its beta currently measuring 1.38. Company’s recent per share price level of $1.93 trading at -$0.14 or -6.76% at ring of the bell on the day assigns it a market valuation of $177.23M. That closing price of DOUG’s stock is at a discount of -63.73% from its 52-week high price of $3.16 and is indicating a premium of 48.19% from its 52-week low price of $1.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.85 million shares which gives us an average trading volume of 664.18K if we extend that period to 3-months.

For Douglas Elliman Inc (DOUG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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Douglas Elliman Inc (NYSE:DOUG) trade information

Upright in the red during last session for losing -6.76%, in the last five days DOUG remained trading in the red while hitting it’s week-highest on Tuesday, 11/05/24 when the stock touched $1.93 price level, adding 13.45% to its value on the day. Douglas Elliman Inc’s shares saw a change of -34.58% in year-to-date performance and have moved -8.10% in past 5-day. Douglas Elliman Inc (NYSE:DOUG) showed a performance of 22.93% in past 30-days. Number of shares sold short was 1.3 million shares which calculate 3.04 days to cover the short interests.

Douglas Elliman Inc (DOUG) estimates and forecasts

Statistics highlight that Douglas Elliman Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 36.88% of value to its shares in past 6 months, showing an annual growth rate of -10.00% while that of industry is 8.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

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

Insiders are in possession of 18.51% of company’s total shares while institution are holding 42.67 percent of that, with stock having share float percentage of 52.36%. Investors also watch the number of corporate investors in a company very closely, which is 42.67% institutions for Douglas Elliman Inc that are currently holding shares of the company. CLEARLINE CAPITAL LP is the top institutional holder at DOUG for having 4.35 million shares of worth $5.04 million. And as of 2024-06-30, it was holding 5.2153 of the company’s outstanding shares.

The second largest institutional holder is RENAISSANCE TECHNOLOGIES LLC, which was holding about 3.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.5092 of outstanding shares, having a total worth of $4.36 million.