Douglas Elliman Inc (NYSE: DOUG) is -46.10% lower on its value in year-to-date trading and has touched a low of $1.00 and a high of $3.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DOUG stock was last observed hovering at around $1.43 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $1.59, the stock is -3.23% and -10.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 11.19% at the moment leaves the stock -2.67% off its SMA200. DOUG registered -15.87% loss for a year compared to 6-month gain of 23.26%. The firm has a 50-day simple moving average (SMA 50) of $1.7836 and a 200-day simple moving average (SMA200) of $1.63355.
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The stock witnessed a -13.59% loss in the last 1 month and extending the period to 3 months gives it a 17.78%, and is -0.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.55% over the week and 7.70% over the month.
Douglas Elliman Inc (DOUG) has around 809 employees, a market worth around $146.01M and $952.23M in sales. Fwd P/E is 17.71. Profit margin for the company is -6.60%. Distance from 52-week low is 59.00% and -49.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.94%).
The EPS is expected to shrink by -10.31% this year
157.0 institutions hold shares in Douglas Elliman Inc (DOUG), with institutional investors hold 53.66% of the company’s shares. The shares outstanding are 87.93M, and float is at 71.85M with Short Float at 1.94%. Institutions hold 42.17% of the Float.
The top institutional shareholder in the company is CLEARLINE CAPITAL LP with over 4.35 million shares valued at $5.04 million. The investor’s holdings represent 5.2153 of the DOUG Shares outstanding. As of 2024-06-30, the second largest holder is RENAISSANCE TECHNOLOGIES LLC with 3.76 million shares valued at $4.36 million to account for 4.5092 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.66 million shares representing 4.3944 and valued at over $4.25 million, while AMERIPRISE FINANCIAL INC holds 3.4239 of the shares totaling 2.85 million with a market value of $3.31 million.
Douglas Elliman Inc (DOUG) Insider Activity
The most recent transaction is an insider purchase by ZEITCHICK MARK, the company’s Director. SEC filings show that ZEITCHICK MARK bought 40,000 shares of the company’s common stock on Jul 10 ’24 at a price of $1.18 per share for a total of $47196.0. Following the purchase, the insider now owns 0.3 million shares.
Douglas Elliman Inc disclosed in a document filed with the SEC on Jul 10 ’24 that LAMPEN RICHARD (Executive Vice President & COO) bought a total of 75,000 shares of the company’s common stock. The trade occurred on Jul 10 ’24 and was made at $1.20 per share for $89648.0. Following the transaction, the insider now directly holds 2.27 million shares of the DOUG stock.
Still, SEC filings show that on Jul 10 ’24, Liebowitz Michael (Director) acquired 197,398 shares at an average price of $1.18 for $0.23 million. The insider now directly holds 396,968 shares of Douglas Elliman Inc (DOUG).
