Douglas Elliman (NYSE:DOUG – Get Free Report) announced 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 analyst estimates of $276.10 million.
Douglas Elliman Stock Up 2.9%
Douglas Elliman stock traded up $0.04 during midday trading on Monday, reaching $1.60. The company’s stock had a trading volume of 419,946 shares, compared to its average volume of 566,453. The company has a market cap of $145.88 million, a P/E 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. Douglas Elliman has a fifty-two week low of $1.38 and a fifty-two week high of $3.03.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the stock. Citizens Jmp assumed coverage on shares of Douglas Elliman in a report on Wednesday, October 14th. They issued a “market perform” rating on the stock. Citigroup started coverage on shares of Douglas Elliman in a research note on Wednesday, October 14th. They issued a “market perform” rating for the company. Wall Street Zen upgraded shares of Douglas Elliman from a “sell” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Weiss Ratings raised shares of Douglas Elliman from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 30th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.
Read Our Latest Research Report on Douglas Elliman
About Douglas Elliman
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.
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