Douglas Elliman (NYSE:DOUG) Issues Earnings Results, Misses Estimates By $0.10 EPS

Douglas Elliman (NYSE:DOUG) issued its quarterly earnings data on Monday. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.10), FiscalAI reports. Douglas Elliman had a negative return on equity of 19.16% and a net margin of 2.47%. The company had revenue of $252.09 million for the quarter, compared to the consensus estimate of $276.10 million.

Douglas Elliman Price Performance

Shares of DOUG stock opened at $1.60 on Tuesday. Douglas Elliman has a 12-month low of $1.38 and a 12-month high of $3.03. The firm has a market capitalization of $145.88 million, a price-to-earnings ratio of 9.44 and a beta of 1.87. The business has a 50 day simple moving average of $1.60 and a 200 day simple moving average of $1.87.

Analyst Ratings Changes

Several equities analysts have recently issued reports on DOUG shares. Wall Street Zen raised shares of Douglas Elliman from a “sell” rating to a “buy” rating in a report on Saturday, August 15th. Weiss Ratings upgraded shares of Douglas Elliman from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 30th. Citizens Jmp initiated coverage on shares of Douglas Elliman in a report on Wednesday, October 14th. They issued a “market perform” rating on the stock. Finally, Citigroup initiated coverage on shares of Douglas Elliman in a research report on Wednesday, October 14th. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Douglas Elliman has an average rating of “Reduce”.

Douglas Elliman Company Profile

Douglas Elliman Inc (NYSE: DOUG) is a real estate services company and the parent of Douglas Elliman Realty, one of the largest residential real estate brokerage firms in the United States. The company provides brokerage services for buyers and sellers of residential properties, including luxury homes, condominiums, cooperatives and rental properties.

In addition to residential brokerage, Douglas Elliman offers new-development marketing and sales, commercial real estate services, property management, relocation assistance and related advisory services.