Douglas Elliman (NYSE:DOUG) Announces Earnings Results

Douglas Elliman (NYSE:DOUG) released its earnings results on Friday. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.19), Zacks reports. Douglas Elliman had a negative return on equity of 3.19% and a negative net margin of 5.76%.The business had revenue of $245.45 million during the quarter, compared to analysts’ expectations of $275.45 million.

Here are the key takeaways from Douglas Elliman’s conference call:

• Douglas Elliman reported full-year revenue of $1.033 billion (up 3.8% YoY) and, excluding the disposed property-management business, revenue grew to $1.0 billion (up 4.4%).
• The company returned to operating income of $45.5 million, but that result included an $81.7 million one-time gain from the sale of its property management business; adjusted EBITDA improved to a loss of $14.0 million but remains negative.
• Balance sheet strength improved materially — the company ended 2025 with approximately $115.5 million of cash and no long-term debt after redeeming its convertible notes, giving it financial flexibility to pursue growth.
• Luxury-market fundamentals remain strong, with average price per transaction rising to $1.86 million, meaningful increases in $5M+ and $10M+ home sales, and a robust development-marketing pipeline of $25.3 billion gross transaction value.
• Early 2026 cash receipts showed near-term weakness — existing-home cash receipts were down ~11% and total brokerage cash receipts were down ~12.4% in January–February versus the prior year, highlighting potential short-term headwinds.

Douglas Elliman Trading Down 26.9%

NYSE:DOUG traded down $0.63 during midday trading on Friday, hitting $1.70. The stock had a trading volume of 5,417,499 shares, compared to its average volume of 704,728. Douglas Elliman has a one year low of $1.48 and a one year high of $3.20. The company has a market capitalization of $150.55 million, a price-to-earnings ratio of -2.42 and a beta of 1.78. The stock has a 50-day moving average of $2.49 and a 200 day moving average of $2.58. The company has a quick ratio of 3.30, a current ratio of 3.30 and a debt-to-equity ratio of 0.55.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Douglas Elliman in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Douglas Elliman has a consensus rating of “Sell”.

Institutional Investors Weigh In On Douglas Elliman

Several hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers grew its position in shares of Douglas Elliman by 7.1% during the 4th quarter. Cetera Investment Advisers now owns 62,917 shares of the company’s stock worth $149,000 after buying an additional 4,175 shares in the last quarter. State Street Corp raised its holdings in shares of Douglas Elliman by 0.4% in the fourth quarter. State Street Corp now owns 1,092,336 shares of the company’s stock valued at $2,589,000 after acquiring an additional 4,793 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Douglas Elliman by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 1,749,768 shares of the company’s stock valued at $4,148,000 after acquiring an additional 7,411 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Douglas Elliman by 49.5% in the second quarter. Raymond James Financial Inc. now owns 32,217 shares of the company’s stock worth $75,000 after acquiring an additional 10,660 shares during the period. Finally, Barclays PLC grew its holdings in Douglas Elliman by 11.5% during the 4th quarter. Barclays PLC now owns 114,996 shares of the company’s stock worth $273,000 after acquiring an additional 11,833 shares in the last quarter. 59.56% of the stock is currently owned by hedge funds and other institutional investors.

About Douglas Elliman

Douglas Elliman (NYSE: DOUG) is one of the largest residential real estate brokerages in the United States, offering an array of services that span property sales, leasing and management. Founded in 1911 and headquartered in New York City, the firm has built a reputation for representing high-end residential properties and guiding clients through complex real estate transactions. Over the course of its history, Douglas Elliman has expanded its offerings to include specialized support for developers, investors and individual homeowners.

The company’s core business activities include residential brokerage, new development marketing, and property management.