Want to see DOUG full AI Analyst Report?
Douglas Elliman Inc. (DOUG) AI Stock Analysis
Douglas Elliman Inc.
(NYSE:DOUG)
The overall score of 44 reflects a company with significant financial and market risks. The most critical factor is the persistently negative cash flow and weak operating profitability, which undermines financial stability. This is compounded by a bearish technical trend with the stock in a clear downtrend. Partially offsetting these concerns are positive near-term signals from the earnings call, including strong cash receipts and a debt-free balance sheet with ample liquidity, which provide a buffer and a potential path to recovery if execution on its development pipeline and cost-saving initiatives is successful.
Douglas Elliman Inc. Key Performance Indicators (KPIs)
Revenue by GeographyBreaks down revenue across regions (for example New York, Florida, California and other markets) to show where the company earns its money and which local markets drive results. Geographic concentration in luxury or single metros raises risk from local downturns, regulation, or market-specific slowdowns, while a more diversified footprint suggests broader growth opportunities and smoother performance through cycles. For investors, regional mix reveals where margins, market share, and future expansion or cost focus are likely to matter most.
Douglas Elliman’s regions are diverging: the Southeast is showing durable strength while NYC and the West—longtime revenue drivers—softened in the latest quarter, amplifying company-level volatility. For investors that means geographic diversification is starting to matter materially; Southeast momentum can cushion results, but persistent weakness in NYC/West would pressure commissions and margins and keep guidance swings likely. Monitor listing inventory, transaction activity and agent productivity in NYC and the West to see if this is a seasonal dip or a structural slowdown.
Douglas Elliman Inc. (DOUG) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $140.88M
- Dividend Yield
- ―
- Average Volume (3M)
- 519.06K
- Price to Earnings (P/E)
- 6.0
- Beta (1Y)
- 1.11
- Revenue Growth
- -2.75%
- EPS Growth
- ―
- Country
- US
- Employees
- 580
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Services
Douglas Elliman Inc. Business Overview & Revenue Model
Company Description
Douglas Elliman Inc. (NYSE: DOUG) is an American firm specializing in real estate services and strategic investments in property technology. Its operations are segmented into two primary areas: Real Estate Brokerage and Corporate & Other. The company...
Douglas Elliman Inc. Earnings Call Summary
The call highlights a clear inflection in momentum: strong near-term cash receipt growth, Q2 revenue expansion (excluding disposed operations), significant improvement in Q2 profitability metrics, a robust cash balance and strategic initiatives (AI transformation, Elius, international expansion and Elliman Capital) that broaden future revenue opportunities. Offsetting these positives are a year-to-date revenue decline versus an unusually strong 2025 comparable, materially worse adjusted EBITDA and adjusted net losses through six months, and continued GAAP net losses. The company emphasizes transformation-funded growth from a position of financial strength but faces execution and timing risk on new initiatives.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management's guidance emphasized a disciplined, self‑funded AI transformation and multi‑year revenue opportunity from its development pipeline, with expected meaningful non‑commission operating cost savings beginning in 2027 funded largely from existing resources with only a modest net incremental investment; commission recognition from the $26.1 billion actively marketed development pipeline (including $18.9 billion in Florida) is expected between 2026 and 2032, and an additional $9.7 billion is slated to come to market through September 2027. Financially, the company highlighted strong recent cash trends—cash receipts from existing home sales up 15% in May, 16% in June and 8% in July versus last year (weighted average May–July +13%)—a healthy transaction mix with average price per sale ~ $1.9M through six months (LTM $1.85M vs $1.77M prior LTM), no long‑term debt, $105M cash at June 30, 2026 (and $121M cash and cash equivalents at July 31, 2026, reflecting a $13M net legal settlement), Q2 revenues of $283.4M (an 8.6% increase excluding disposed property management revenue), Q2 net loss $2.7M ($0.03/sh), Q2 adjusted EBITDA loss $0.986M and adjusted net loss $3.9M ($0.05/sh), and six‑month revenues of $497.8M (down 1.4% ex‑property management) with a six‑month net loss of $19M ($0.22/sh), six‑month adjusted EBITDA loss $11.4M and adjusted net loss $16.3M ($0.19/sh).
Douglas Elliman Inc. Financial Statement Overview
Summary
Financial health is fragile. While revenue has stabilized and net income turned positive due to non-operating items, core operating margins are severely pressured (TTM gross margin of 10.3%) and the company is unprofitable at the operating level. Critically, operating and free cash flows have been negative for five consecutive periods, indicating an inability to self-fund operations, which is a major risk.
Income Statement
30NegativeBalance Sheet
45NeutralCash Flow
20Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.01B | 1.03B | 995.63M | 955.58M | 1.15B | 1.35B |
| Gross Profit | 104.11M | 173.61M | 251.81M | 955.58M | 316.37M | 367.62M |
| EBITDA | 38.01M | 31.32M | -65.21M | -54.09M | 8.26M | 109.35M |
| Net Income | 24.87M | 15.22M | -76.32M | -42.55M | -5.62M | 98.84M |
Balance Sheet | ||||||
| Total Assets | 444.30M | 444.41M | 493.89M | 493.42M | 550.40M | 595.17M |
| Cash, Cash Equivalents and Short-Term Investments | 111.22M | 115.51M | 145.46M | 119.81M | 163.86M | 211.62M |
| Total Debt | 98.53M | 102.97M | 156.28M | 132.94M | 142.84M | 164.87M |
| Total Liabilities | 277.34M | 261.13M | 331.46M | 259.26M | 279.94M | 313.30M |
| Stockholders Equity | 166.96M | 183.95M | 162.19M | 233.23M | 268.92M | 279.93M |
Cash Flow | ||||||
| Free Cash Flow | -18.69M | -17.23M | -31.50M | -36.56M | -23.28M | 123.72M |
| Operating Cash Flow | -16.64M | -13.88M | -25.96M | -30.41M | -14.74M | 127.83M |
| Investing Cash Flow | 81.84M | 90.46M | -6.79M | -5.24M | -12.74M | -8.86M |
| Financing Cash Flow | -96.04M | -96.09M | 45.45M | -6.21M | -30.00M | 3.20M |
Douglas Elliman Inc. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DOUG, the sentiment is Neutral. The current price of 1.64 is above the 20-day moving average (MA) of 1.52, below the 50-day MA of 1.64, and below the 200-day MA of 1.90, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 49.08 is Neutral, neither overbought nor oversold. The STOCH value of 60.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DOUG.
Douglas Elliman Inc. Risk Analysis
Douglas Elliman Inc. disclosed 43 risk factors in its most recent earnings report. Douglas Elliman Inc. reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksDouglas Elliman Inc. Peers Comparison
Overall Rating
REAX69Neutral
NMRK60Neutral
DOUG44Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 69Neutral | $512.25M | -21.13 | -25.78% | ― | 38.44% | -12.22% | |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| 60Neutral | $2.09B | 13.73 | 9.93% | 1.56% | 16.50% | 41.22% | |
| 44Neutral | $140.88M | 5.96 | 15.69% | ― | -2.75% | ― |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DOUG | Douglas Elliman Inc. | 1.60 | -0.81 | -33.61% | |
| NMRK | Newmark | 12.04 | -5.36 | -30.82% | |
| REAX | Real Brokerage Inc. | 14.78 | -22.42 | -60.27% |
Douglas Elliman Inc. Corporate Events
Douglas Elliman announces routine board leadership transition
NeutralOn September 4, 2026, Douglas Elliman Inc. announced that Class I director Richard J. Lampen retired from the company’s Board of Directors, effective at the close of business that same day. The company emphasized that Lampen’s departure w...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 20, 2026