Douglas Elliman Inc (NYSE: DOUG) In 2024: Will It Be Worth Your Money?

In the last trading session, 1.5 million Douglas Elliman Inc (NYSE:DOUG) shares changed hands as the company’s beta touched 1.50. With the company’s per share price at $2.40 changed hands at -$0.14 or -5.51% during last session, the market valuation stood at $228.38M. DOUG’s last price was a discount, traded about -31.67% off its 52-week high of $3.16. The share price had its 52-week low at $1.00, which suggests the last value was 58.33% up since then. When we look at Douglas Elliman Inc’s average trading volume, we note the 10-day average is 1.22 million shares, with the 3-month average coming to 700.39K.

Analysts gave the Douglas Elliman Inc (DOUG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended DOUG as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.

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Douglas Elliman Inc (NYSE:DOUG) trade information

Instantly DOUG was in red as seen at the end of in last trading. With action -9.43%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -18.64%, with the 5-day performance at -9.43% in the red. However, in the 30-day time frame, Douglas Elliman Inc (NYSE:DOUG) is 19.40% up. Looking at the short shares, we see there were 1.09 million shares sold at short interest cover period of 1.54 days.

Douglas Elliman Inc (DOUG) estimates and forecasts

Data shows that the Douglas Elliman Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 124.30% over the past 6 months, a -10.00% in annual growth rate that is considerably lower than the industry average of 5.40%.

The 2024 estimates are for Douglas Elliman Inc earnings to decrease by -10.32%.

DOUG Dividends

Douglas Elliman Inc is expected to release its next quarterly earnings report in January.

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

If we look at who the major shareholders are, we find that insiders hold 19.53% of Douglas Elliman Inc shares while 46.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 57.88%. There are 46.58% institutions holding the Douglas Elliman Inc stock share, with CLEARLINE CAPITAL LP the top institutional holder. As of 2024-06-30, the company held 5.2153% of the shares, roughly 4.35 million DOUG shares worth $5.04 million.

RENAISSANCE TECHNOLOGIES LLC holds the second largest percentage of outstanding shares, with 4.5092% or 3.76 million shares worth $4.36 million as of 2024-06-30.