In today’s recent session, 1.59 million shares of the Douglas Elliman Inc (NYSE:DOUG) have been traded, and its beta is 1.61. Most recently the company’s share price was $1.66, and it changed around $0.11 or 7.42% from the last close, which brings the market valuation of the company to $148.46M. DOUG at last check was trading at a discount to its 52-week high of $3.02, offering almost -81.93% off that amount. The share price’s 52-week low was $1.00, which indicates that the recent value has risen by an impressive 39.76% since then. We note from Douglas Elliman Inc’s average daily trading volume that its 10-day average is 1.11 million shares, with the 3-month average coming to 847.03K.
Douglas Elliman Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended DOUG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Douglas Elliman Inc is expected to report earnings per share of -0.08 for the current quarter.
Douglas Elliman Inc (NYSE:DOUG) trade information
Instantly DOUG has been showing a green trend so far today with a performance of 7.42% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.7700 on recent trading dayincreased the stock’s daily price by 6.21%. The company’s shares are currently down -43.56% year-to-date, but still up 4.72% over the last five days. On the other hand, Douglas Elliman Inc (NYSE:DOUG) is -34.45% down in the 30-day period. We can see from the shorts that 0.74 million shares have been sold at a short interest cover period of 0.7 day(s).
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 risen 60.10 percent over the past six months and at a -84.00% annual growth rate that is well below the industry average of 3.70%. The year-over-year growth rate is expected to be 3.18%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 233.65M in revenue for the current quarter. 1 analysts expect Douglas Elliman Inc to make 223.19M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 214.14M and 200.24M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 9.11%. Forecasts for the next quarter put sales growth at 11.46%.
Douglas Elliman Inc (NYSE:DOUG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 18.12% of Douglas Elliman Inc shares, and 46.42% of them are in the hands of institutional investors. The stock currently has a share float of 56.69%. Douglas Elliman Inc stock is held by 140.0 institutions, with CLEARLINE CAPITAL LP being the largest institutional investor. By 2024-06-30, it held 5.2153% of the shares, which is about 4.35 million shares worth $5.04 million.
RENAISSANCE TECHNOLOGIES LLC, with 4.5092% or 3.76 million shares worth $4.36 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
