Douglas Elliman (NYSE:DOUG) Releases Quarterly Earnings Results, Misses Estimates By $0.19 EPS

Douglas Elliman (NYSE:DOUG) announced its quarterly earnings results on Friday. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.19), Zacks reports. Douglas Elliman had a negative net margin of 5.76% and a negative return on equity of 3.19%. The company had revenue of $245.45 million for 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 Stock Down 26.9%

Shares of NYSE:DOUG traded down $0.63 during midday trading on Friday, reaching $1.70. The company’s stock had a trading volume of 5,417,499 shares, compared to its average volume of 704,728. The firm has a 50 day moving average of $2.49 and a 200-day moving average of $2.58. The firm has a market capitalization of $150.55 million, a P/E ratio of -2.42 and a beta of 1.78. The company has a quick ratio of 3.30, a current ratio of 3.30 and a debt-to-equity ratio of 0.55. Douglas Elliman has a 12-month low of $1.48 and a 12-month high of $3.20.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Douglas Elliman in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in shares of Douglas Elliman by 160.3% in the 4th quarter. AQR Capital Management LLC now owns 45,780 shares of the company’s stock worth $108,000 after purchasing an additional 28,194 shares in the last quarter. Abel Hall LLC bought a new position in Douglas Elliman during the 4th quarter valued at approximately $75,000. Mangrove Partners IM LLC purchased a new position in Douglas Elliman during the fourth quarter valued at $96,000. Algert Global LLC purchased a new position in Douglas Elliman during the third quarter valued at $115,000. Finally, Bank of America Corp DE boosted its holdings in Douglas Elliman by 1,224.2% in the second quarter. Bank of America Corp DE now owns 37,289 shares of the company’s stock worth $87,000 after acquiring an additional 34,473 shares in the last quarter. 59.56% of the stock is 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.