Douglas Elliman Inc. (DOUG) AI Stock Analysis

• Market Cap: $235.37M
• Dividend Yield: N/A
• Average Volume (3M): 329.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: 6.62%
• EPS Growth: 30.94%
• Country: US
• Employees: 783
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.00
• Shares Outstanding: 88,818,970
• 10 Day Avg. Volume: 335,231
• 30 Day Avg. Volume: 329,573
• PEG Ratio: -0.02
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.14
• P/FCF Ratio: -4.43
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 0.23
• Enterprise Value/Gross Profit: 0.50
• Enterprise Value/Ebitda: -4.98
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.1
• Revenue Forecast (FY): $1.15B

• Rating: 52 Neutral
• Price Target: $2.50 ▼(-4.94% Downside)

Douglas Elliman Inc. has a mixed outlook. The most significant factor is its financial performance, which shows ongoing profitability and cash flow challenges. Technical analysis indicates bearish momentum, while valuation metrics reflect negative earnings. The earnings call provided some optimism with strategic initiatives and reduced losses, but economic pressures remain a concern.

Positive Factors

Revenue Growth

Consistent revenue growth indicates resilience and market demand, supporting long-term business sustainability and expansion potential.

International Expansion

International expansion into high-value markets enhances growth opportunities and diversifies revenue streams, strengthening global presence.

Technology Initiatives

Investing in AI technology improves operational efficiency and client engagement, providing a competitive edge in the luxury real estate market.

Negative Factors

Net Profitability Challenges

Negative net profitability indicates underlying operational challenges, potentially limiting reinvestment and growth opportunities.

Increased Leverage

Higher leverage increases financial risk and interest obligations, potentially impacting long-term financial stability and flexibility.

Economic Pressures

Economic pressures like high mortgage rates can dampen real estate demand, affecting transaction volumes and revenue growth.

Douglas Elliman Inc. Business Overview & Revenue Model

Company Description

Douglas Elliman Inc. (DOUG) is a leading real estate services company based in the United States, primarily operating in high-end residential real estate brokerage. The company offers a wide range of services including property sales, rentals, and property management across various markets, with a strong presence in New York City and other major metropolitan areas. Douglas Elliman is known for its luxury real estate listings and has established a reputation for providing expert guidance and personalized service to clients in the buying, selling, and leasing processes.

How the Company Makes Money

Douglas Elliman generates revenue primarily through commissions earned from real estate transactions. When agents successfully close a sale or rental, the company takes a percentage of the commission, which is typically around 5% to 6% of the sale price, although this can vary. In addition to brokerage commissions, Douglas Elliman also earns income from property management services, where it manages residential properties on behalf of owners for a fee. The company may also benefit from partnerships with mortgage lenders and other service providers, which can lead to referral fees and additional revenue streams. Furthermore, Douglas Elliman's strong brand presence and marketing prowess enable them to attract high-value listings, enhancing their overall revenue potential.

Douglas Elliman Inc. Financial Statement Overview

Summary

Douglas Elliman Inc. shows mixed financial performance with revenue growth and margin improvements, yet profitability remains a challenge. The balance sheet indicates increased leverage and reduced equity, while cash flow issues persist.

Income Statement

Douglas Elliman Inc. shows a mixed financial performance with recent challenges. The company experienced a slight revenue increase of 4.19% from 2023 to 2024, yet it remains below its 2021 peak. Gross profit margin improved significantly, indicating better cost management, climbing from 18.71% in 2023 to 92.93% in 2024. However, net profit margin is negative, reflecting ongoing profitability issues. EBIT margin turned positive, improving from -6.75% in 2023 to 72.82% in 2024, but EBITDA remains negative, pointing to underlying operational challenges.

Balance Sheet

The balance sheet reflects a stable yet cautious outlook. The debt-to-equity ratio increased to 1.15 in 2024 from 0.57 in 2023, suggesting higher leverage. Return on equity remains negative at -47.47%, indicating profitability challenges. The equity ratio dropped to 32.83% in 2024, down from 47.29% in 2023, highlighting a shift towards greater liabilities. The company retains a decent cash position, though with a reduced equity base.

Cash Flow

Cash flow analysis shows operational weaknesses. Operating cash flow remains negative, although slightly improved from 2023. Free cash flow growth is negative, though the decline slowed, indicating cautious progress. Operating cash flow to net income ratio indicates cash generation issues, while the free cash flow to net income ratio remains unfavorable, pointing to ongoing cash management challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.03B	995.63M	955.58M	1.15B	1.35B	773.99M
Gross Profit	469.64M	251.81M	955.58M	316.37M	1.35B	773.99M
EBITDA	-47.41M	-65.21M	-54.09M	8.26M	110.66M	39.38M
Net Income	-59.35M	-76.32M	-42.55M	-5.62M	98.84M	-46.37M
Balance Sheet
Total Assets	480.60M	493.89M	493.42M	550.40M	595.17M	453.98M
Cash, Cash Equivalents and Short-Term Investments	143.00M	145.46M	119.81M	163.86M	211.62M	94.42M
Total Debt	142.82M	156.28M	132.94M	142.84M	164.87M	192.47M
Total Liabilities	365.79M	331.46M	259.26M	279.94M	313.30M	290.39M
Stockholders Equity	115.07M	162.19M	233.23M	268.92M	279.93M	163.59M
Cash Flow
Free Cash Flow	-12.77M	-31.50M	-36.56M	-23.28M	123.72M	25.74M
Operating Cash Flow	-8.47M	-25.96M	-30.41M	-14.74M	127.83M	31.86M
Investing Cash Flow	3.49M	-6.79M	-5.24M	-12.74M	-8.86M	-4.09M
Financing Cash Flow	-1.38M	45.45M	-6.21M	-30.00M	3.20M	-143.00K

Douglas Elliman Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.63
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DOUG, the sentiment is Positive. The current price of 2.63 is above the 20-day moving average (MA) of 2.47, below the 50-day MA of 2.65, and above the 200-day MA of 2.34, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 55.38 is Neutral, neither overbought nor oversold. The STOCH value of 73.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DOUG.

Douglas Elliman Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
REAX	70 Outperform	$840.85M	―	-25.27%	―	65.60%	69.72%
EXPI	67 Neutral	$1.80B	―	-8.09%	1.76%	5.08%	41.21%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
RMAX	64 Neutral	$268.10M	13.39	2.87%	―	-6.06%	―
NMRK	58 Neutral	$3.14B	30.06	8.08%	0.69%	22.22%	94.52%
HOUS	57 Neutral	$1.30B	-9.78	-8.15%	―	5.27%	25.71%
DOUG	52 Neutral	$235.37M	―	-41.11%	―	6.62%	30.94%

Douglas Elliman Inc. Corporate Events

Douglas Elliman’s Earnings Call Highlights Growth and Strategy

The recent earnings call for Douglas Elliman Inc. painted a positive picture, highlighting significant improvements in revenue and operating loss reduction, alongside strategic initiatives. Despite some economic pressures and a net loss, the overall sentiment was optimistic about the company’s future prospects.

Douglas Elliman Inc. Reports Strong Q3 2025 Results

Douglas Elliman Inc. is a leading residential brokerage company in the United States, specializing in luxury real estate with a presence in key markets such as New York, Florida, and California, and a focus on innovative property technology solutions.

Douglas Elliman Reports Revenue Growth and Strategic Focus

Douglas Elliman Inc. reported a 5% year-over-year revenue growth for the nine months ended September 30, 2025, with improvements in net loss and adjusted EBITDA. The company is focusing on its core luxury residential real estate brokerage business following the sale of its property management division, which is expected to yield a $75 million after-tax gain. Strategic initiatives in 2025, such as international expansion and AI investments, have positioned the company for future growth. Financially, the company strengthened its position by redeeming convertible notes and maintaining a cash balance of $126.5 million with no debt.

The most recent analyst rating on (DOUG) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Douglas Elliman Inc. stock, see the DOUG Stock Forecast page.

Douglas Elliman Sells Property Management Business

On October 24, 2025, Douglas Elliman Inc. completed the sale of its property management business, Douglas Elliman Property Management (DEPM), to PMG Holdings, Inc. for $85 million. This transaction allowed the company to repay and redeem its senior secured convertible promissory notes for $95 million, resulting in approximately $130 million of unrestricted cash and cash equivalents. The sale marks a strategic shift in the company’s operations, as DEPM’s financial results will no longer be included in Douglas Elliman’s consolidated financial statements, potentially impacting stakeholders and altering the company’s market positioning.

The most recent analyst rating on (DOUG) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Douglas Elliman Inc. stock, see the DOUG Stock Forecast page.