During the last session, Douglas Elliman Inc (NYSE:DOUG)’s traded shares were 0.46 million, with the beta value of the company hitting 1.62. At the end of the trading day, the stock’s price was $1.72, reflecting an intraday loss of -4.44% or -$0.08. The 52-week high for the DOUG share is $2.98, that puts it down -73.26 from that peak though still a striking 41.86% gain since the share price plummeted to a 52-week low of $1.00. The company’s market capitalization is $153.37M, and the average intraday trading volume over the past 10 days was 0.82 million shares, and the average trade volume was 971.85K shares over the past three months.
Douglas Elliman Inc (DOUG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. DOUG has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.08.
Douglas Elliman Inc (NYSE:DOUG) trade information
Douglas Elliman Inc (DOUG) registered a -4.44% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.44% in intraday trading to $1.72, hitting a weekly high. The stock’s 5-day price performance is -3.91%, and it has moved by 4.24% in 30 days. Based on these gigs, the overall price performance for the year is -24.89%. The short interest in Douglas Elliman Inc (NYSE:DOUG) is 0.59 million shares and it means that shorts have 0.53 day(s) to cover.
Douglas Elliman Inc (DOUG) estimates and forecasts
Statistics show that Douglas Elliman Inc has underperformed its competitors in share price, compared to the industry in which it operates. Douglas Elliman Inc (DOUG) shares have gone up 29.32% during the last six months, with a year-to-date growth rate less than the industry average at -84.00% against 2.70. In the rating firms’ projections, revenue will increase 3.18% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 233.65M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 223.19M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 214.14M and 200.24M respectively. In this case, analysts expect current quarter sales to grow by 9.11% and then jump by 11.46% in the coming quarter.
DOUG Dividends
Douglas Elliman Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Douglas Elliman Inc (NYSE:DOUG)’s Major holders
Douglas Elliman Inc insiders own 18.12% of total outstanding shares while institutional holders control 46.62%, with the float percentage being 56.94%. CLEARLINE CAPITAL LP is the largest shareholder of the company, while 136.0 institutions own stock in it. As of 2024-06-30, the company held over 4.35 million shares (or 5.2153% of all shares), a total value of $5.04 million in shares.
The next largest institutional holding, with 3.76 million shares, is of RENAISSANCE TECHNOLOGIES LLC’s that is approximately 4.5092% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.36 million.
Also, the Mutual Funds coming in first place with the largest holdings of Douglas Elliman Inc (DOUG) shares are Vanguard Total Stock Market Index Fund and Fidelity Strategic Advisers Fidelity U.S. Total Stock Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.51 shares. This amounts to just over 2.81 percent of the company’s overall shares, with a $4.31 million market value. The same data shows that the other fund manager holds slightly less at 2.3, or about 2.58% of the stock, which is worth about $3.96 million.
