DOUG · NYSE · Real Estate - Services

Douglas Elliman (DOUG)

Residential brokerage and development marketing for premium U.S. housing markets.

$1.59
vs last close−0.02 (−0.94%)
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Douglas Elliman Inc.DOUG
Real Estate

Residential brokerage and development marketing through Douglas Elliman Realty form the core of the business. The long-running brand is focused on New York-area and other U.S. premium housing markets, while the NYSE issuer dates to a 2021 spin-off.

Residential real-estate brokerage and development marketing sit at the center of the business, conducted through Douglas Elliman Realty. Activity is anchored in the New York metropolitan area and extends to premium housing markets across the United States.

The Douglas Elliman brand traces its origin to a 1911 vision for selling and managing luxury apartments, while the NYSE-listed issuer was formed in a 2021 spin-off from Vector Group. It has reported a single operating segment since 2025.

Property management is no longer an owned business following the 2025 sale of Douglas Elliman Property Management, leaving it outside the current operating structure.

Company facts

CEOMichael S. Liebowitz
ListedDec 30, 2021
ExchangeNYSE
HeadquartersMiami, FL
CountryUnited States
Employees580
CIK0001878897
ISINUS25961D1054

Market cap$145.4M
EPS (ttm)$0.1700
P/E (ttm)9.41
ROE15.7%
P/B0.8712
P/S0.1446
Dividend yieldDiv yield
Beta1.43vs XLRE 0.66

No analyst consensus on record.

Next report
Nov 4, 26
in 43 days
EPS estimate
$0.10
Revenue estimate
$333.3M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Jul '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.03−$0.03−$0.06−$0.29−$0.17−$0.14−$0.05Pending
Estimate−$0.08$0.02$0.03$0.03$0.02$0.10
Surprise+137.5%−250.0%−300.0%−1,066.7%−950.0%

RevenueReportedEstimate

Mar '25May '25Jul '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$243.3M$253.4M$271.4M$262.8M$245.4M$214.3M$283.4MPending
Estimate$233.7M$223.2M$333.9M$315.9M$275.4M$333.3M
Surprise+4.1%+13.5%−18.7%−16.8%−10.9%
Estimate$0.10
ReportedDue Nov 4, 2026
Estimate$333.3M
ReportedDue Nov 4, 2026
View details

Debt to equity59.00%
Current ratio756.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$266.3M$243.3M$253.4M$271.4M$262.8M$245.4M$214.3M$283.4M
Net income−$27.2M−$6.0M−$6.0M−$22.7M−$24.7M$68.6M−$16.3M−$2.7M
Net margin0.0%0.0%0.0%0.0%0.0%27.9%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$7.4M−$16.3M−$5.3M−$5.5M$193.3M−$243.2M−$13.6M−$4.6M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss widenedTurned profitLoss widenedLoss widenedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $111.2M · Total debt $98.5M · Total assets $444.3M · Shareholders' equity $167.0M

Revenue
$283.4M
Operating income
−$4.6M
Net income
−$2.7M
View details

Dividend yield
Next ex-date
Annual dividend
Schedule

HistoryDividendAnnual yield

Mar '22Jun '22Sep '22Dec '22Mar '23
Dividend$0.0476$0.0476$0.0476$0.0476$0.0476
Annual yield0.64%2.05%3.34%5.08%6.66%
Ex-dateMar 21Jun 16Sep 14Dec 9Mar 22
Payment dateMar 30Jun 29Sep 29Dec 22Mar 31
View details

Institutions51.48%46.79M shares
135 holders · as of Jun 30, 2026
Insiders22.19%20.17M shares
15 holders · as of Aug 18, 2026
Strategic holders0.13%121.0K shares
1 holder · as of Jun 30, 2025
Other26.20%23.81M shares
remainder

90.89M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
The Vanguard GroupInstitution
11.52%10.47Mfiled Jan 10, 2022
Phillip Frost, M.D.Insider
8.42%7.65Mfiled Feb 11, 2025
Howard M. Lorber1,2Insiderdirector, officer: See Remarks
6.04%4.09Mfiled Nov 20, 2024
BlackRock, Inc.Institution
5.90%5.36Mas of Jun 30, 2026
Clearline Capital LPInstitution
4.37%3.97Mas of Jun 30, 2026
  1. Howard M. Lorber's transaction reports restate only vehicles that traded; the 2022 ownership statement (4.09M) plus the 1.40M net shares acquired since is used instead.
  2. Howard M. Lorber reports a block also reported by State Street Corp; it is counted once, under State Street Corp.

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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Compare

CompanyPriceChange
Douglas Elliman$1.59−0.94%$145.4M9.43.40.1+4.5%
Compass$9.73−4.00%$6.16B94.3133.60.6+109.1%
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Median94.3133.60.1+20.2%