Douglas Elliman

Douglas Elliman, Inc. is an independent residential real estate brokerage firm. It is engaged principally in two business segments: Real Estate Brokerage and Corporate & Other. The Real Estate Brokerage segment consists of residential real estate brokerage services through its subsidiary, Douglas Elliman Realty, which operates a residential brokerage company in the New York metropolitan area and also conducts residential real estate brokerage operations in Florida, California, Connecticut, Massachusetts, Colorado, New Jersey and Texas. The Corporate & Other segment consists of the operations of the holding company as well as its investment business that invests in select PropTech opportunities through its New Valley Ventures subsidiary. The company was founded by Douglas Elliman in 1911 and is headquartered in Miami, FL.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Douglas Elliman resilient in 2022, faces financial challenges and growth opportunities

Douglas Elliman showcased resilience and market strength in outperforming the residential real estate industry in 2022.
While facing challenges such as revenue losses and declining transaction volumes, the company demonstrated growth potential and strategic focus.
Opportunities lie in strategic expansion, market positioning, and revenue diversification, requiring a balanced approach to navigate industry challenges.
Overall, Douglas Elliman's performance reflects a mix of strengths, challenges, and opportunities that shape its market outlook and growth trajectory.

Douglas Elliman reports Q1 losses but eyes luxury market growth

Douglas Elliman faced challenges in Q1 2023 with decreased revenues, a net loss, and an operating loss in the Real Estate Brokerage segment, but maintains a strong financial position with no debt and $124 million in cash.
Despite the setbacks, the company remains optimistic about growth opportunities in luxury markets, focusing on operational efficiency, cost structure adjustments, and leveraging their strengths to capture market share.
The outlook for Douglas Elliman includes addressing industry challenges, adapting to the operating environment, and capitalizing on positive trends to drive recovery and growth in the residential real estate market.

Douglas Elliman reports revenue decline but anticipates stronger second half

Douglas Elliman's Q2 2023 earnings call highlighted revenue decreases but sequential improvements in financial and operating results.
The company focused on cost reduction strategies, liquidity maintenance, and market trend analysis to navigate challenges.
Suspension of quarterly cash dividend, expansion into new markets, and optimism for a better second half of the year were key takeaways.
Despite industry headwinds, Douglas Elliman aims to strengthen its balance sheet, enhance profitability, and maintain agent experience.

Douglas Elliman reports revenue growth amidst challenges and strategic focus

Douglas Elliman reported revenue growth in Q3 2023, particularly in Florida, but faced a net loss and negative adjusted EBITDA. The company emphasized cost reduction and market share capture for long-term growth.
Despite financial challenges and ongoing industry litigation, Douglas Elliman showcased resilience and strategic focus on operational efficiencies. Opportunities lie in leveraging agent networks, development marketing, and market expansion.
Navigating challenges while capitalizing on growth opportunities will be crucial for Douglas Elliman's future success. The company's performance highlights a mix of strengths, challenges, and strategic initiatives aimed at driving sustainable growth.

Douglas Elliman reports Q4 2023 losses, eyes growth opportunities

Douglas Elliman navigated financial losses in Q4 and full-year 2023 while focusing on market share and development marketing. Industry challenges persist, but the company sees opportunities in increased listing volume and transaction values. Cost-cutting measures and a strong project pipeline position Douglas Elliman for future growth.

Douglas Elliman shows resilience amidst market challenges in Q1 2024

Douglas Elliman navigated challenges in the real estate market with improvements in key operational metrics.
Despite reporting losses, the company demonstrated strengths in cost management and business diversification.
Opportunities for growth lie in leveraging positive trends, expanding the development business, and optimizing operational efficiency.
Maintaining liquidity and focusing on profitability will be crucial in addressing ongoing market challenges.

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PHILADELPHIA, PA / ACCESSWIRE / November 19, 2024 / Kaskela Law LLC announces that it is investigating Douglas Elliman Inc. (NYSE:DOUG) on behalf of the company's shareholders. Click here for additional information: https://kaskelalaw.com/case/douglas-elliman/ Since January 2022, shares of Douglas Elliman's stock have declined in value from a trading price of over $10.00 per share to a current trading price of less than $2.00 per share, a decline of over 80% in value.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Douglas Elliman Inc. (NYSE:DOUG) and Encourages Investors to Contact the Firm

Douglas Elliman Inc. (NYSE:DOUG ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Michael Liebowitz - Chairman and CEO Bryant Kirkland - EVP, Secretary, Treasurer and CFO Conference Call Participants Peter Abramowitz - Jefferies Operator Welcome to Douglas Elliman's Third Quarter 2024 Earnings Conference Call. This call is being recorded and simultaneously webcast.

Douglas Elliman Inc. (DOUG) Q3 2024 Earnings Conference Call Transcript

Douglas Elliman Inc. (DOUG) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.06 per share a year ago.

Douglas Elliman Inc. (DOUG) Reports Q3 Loss, Tops Revenue Estimates

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (“Douglas Elliman” or the “Company”) (NYSE:DOUG) today announced financial results for the three and nine months ended September 30, 2024. “I am excited to be leading Douglas Elliman into a new era,” said Michael S. Liebowitz, Chairman and Chief Executive Officer of Douglas Elliman. “We're expanding our company culture of connectivity and entrepreneurialism and executing a clear plan to grow and diversify the business to deliver long-term value to al.

Douglas Elliman Inc. Reports Third Quarter 2024 Financial Results

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its third quarter 2024 results on Thursday November 7, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Third-Quarter-2024-Conference-Call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on November 7, 2024 throu.

Douglas Elliman Inc. to Host Third Quarter 2024 Results Conference Call

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG, “Douglas Elliman” or the “Company”) today announced that Howard M. Lorber (76) has decided to retire from his position as President, Chief Executive Officer and Chairman of the Board. Douglas Elliman extends its deepest appreciation to Mr. Lorber for his strategic vision and years of dedication and hard work that have made Douglas Elliman the country's premier real estate brokerage firm, setting new standards in luxury service and innova.

Douglas Elliman Inc. Announces Leadership Transition

Douglas Elliman's Senada Adzem Team Handling Sales for Newly Launched Homes BOCA RATON, Fla. , Sept. 16, 2024 /PRNewswire/ -- Empire Development proudly unveils its latest luxury real estate offerings, adding three exceptional properties to its distinguished portfolio in Boca Raton, Florida.

Empire Development Announces New Ultra-Luxury Real Estate Inventory in Boca Raton

Douglas Elliman Inc. (NYSE:DOUG ) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Howard Lorber - Chairman, President & Chief Executive Officer Bryant Kirkland - Senior Vice President & Chief Financial Officer Conference Call Participants Soham Bhonsle - BTIG Peter Abramowitz - Jefferies Operator Welcome to Douglas Elliman Second Quarter 2024 Earnings Conference Call. This call is being recorded and simultaneously webcast.

Douglas Elliman Inc. (DOUG) Q2 2024 Earnings Call Transcript

Douglas Elliman Inc. (DOUG) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.06 per share a year ago.

Douglas Elliman Inc. (DOUG) Reports Q2 Loss, Tops Revenue Estimates

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE:DOUG) today announced financial results for the three and six months ended June 30, 2024. “In the second quarter of 2024, Douglas Elliman delivered a year-over-year increase in quarterly revenues and gross transaction value, which reflects the strength of the luxury markets we operate in and the gradual stabilization of home purchasing activity,” said Howard M. Lorber, Chairman and Chief Executive Officer of Douglas Elliman. “As the interest ra.

Douglas Elliman Inc. Reports Second Quarter 2024 Financial Results

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its second quarter 2024 results on Thursday August 8, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Second-Quarter-2024-Conference-Call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on August 8, 2024 through.

Douglas Elliman Inc. to Host Second Quarter 2024 Results Conference Call

Douglas Elliman Inc. (DOUG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Douglas Elliman Inc. (DOUG) Report Negative Q2 Earnings? What You Should Know

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE:DOUG) today announced the closing of a $50 million growth investment from Kennedy Lewis Investment Management LLC (“Kennedy Lewis”), a leading credit-focused alternative asset management firm. The investment strengthens Douglas Elliman's balance sheet to fuel its strategic growth and expansion. Douglas Elliman issued $50 million senior secured convertible notes due July 2, 2029 to funds advised by Kennedy Lewis. The convertible notes bear inter.

Douglas Elliman Inc. Secures $50 Million Growth Investment From Kennedy Lewis Investment Management

NEW YORK--(BUSINESS WIRE)--NNN Pro, the market leading net lease investment sales and advisory firm, announced the appointment of Salvatore Troia as Chief Financial Officer, effective immediately. In this role, Mr. Troia will be responsible for overseeing and managing all financial activities related to the operations of the business. Mr. Troia most recently served as Chief Financial Officer of Douglas Elliman Real Estate, a division of Douglas Elliman Inc (NYSE: DOUG), one of the largest resid.

Salvatore Troia Joins NNN Pro as Chief Financial Officer as Company Continues to Bolster Brokerage Platform

NEW YORK--(BUSINESS WIRE)--Bilt Rewards announced today that Douglas Elliman is the first major condo and co-op property management firm to join the Bilt Rewards Alliance.

Bilt Rewards and Douglas Elliman Property Management Announce New Landmark Partnership

Douglas Elliman Inc. (NYSE:DOUG ) Q1 2024 Earnings Conference Call May 10, 2024 8:00 AM ET Company Participants Howard Lorber - Chairman, President, Chief Executive Officer Bryant Kirkland - Senior Vice President and Chief Financial Officer Conference Call Participants Soham Bhonsle - BTIG Peter Abramowitz - Jefferies Operator Good day and welcome to Douglas Elliman's First Quarter 2024 Earnings Conference Call. This call is being recorded and simultaneously webcast.

Douglas Elliman Inc. (DOUG) Q1 2024 Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE:DOUG) today announced financial results for the three months ended March 31, 2024. “In addition to seeing encouraging signals of market improvement, Douglas Elliman continued to navigate the current environment by successfully reducing costs without compromising the agent experience and enhancing our competitive edge,” stated Howard M. Lorber, Chairman and Chief Executive Officer of Douglas Elliman. “Our Development Marketing business is also s.

Douglas Elliman Inc. Reports First Quarter 2024 Financial Results

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its first quarter 2024 results on Friday, May 10, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-First-Quarter-2024-Conference-Call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends on May 10, 2024 through May 24.

Douglas Elliman Inc. to Host First Quarter 2024 Results Conference Call

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) today announced it has entered into a settlement agreement to resolve on a nationwide basis the pending class action litigation on behalf of sellers relating to real estate brokerage fees in the Gibson and Umpa cases pending in the Western District of Missouri (the “Actions”). Under the terms of the settlement agreement, Douglas Elliman has agreed to pay $7.75 million within 30 business days of preliminary approval of the settlement by t.

Douglas Elliman Inc. Enters into Settlement Agreement to Resolve Certain Brokerage Commission Litigation

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Realtor group agrees to cut commissions to settle lawsuits, in a move that could reshape home sales

Douglas Elliman Inc. (DOUG) Q4 2023 Earnings Call Transcript

Douglas Elliman Inc. (DOUG) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.23 per share a year ago.

Douglas Elliman Inc. (DOUG) Reports Q4 Loss, Misses Revenue Estimates

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE:DOUG) today announced financial results for the three months and year ended December 31, 2023. “In the fourth quarter of 2023, Douglas Elliman delivered its first year-over-year increase in quarterly revenues since the first quarter of 2022, which reflects the strength of the luxury markets we operate in and the gradual stabilization of home purchasing activity,” said Howard M. Lorber, Chairman and Chief Executive Officer of Douglas Elliman. “A.

Douglas Elliman Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its fourth quarter and full year 2023 results on Friday, March 1, 2024 at 8:00 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Fourth-Quarter-and-Full-Year-2023-Conference-Call. Please join the webcast at least 10 minutes prior to start time. A replay of the call will be available shortly after the call ends.

Douglas Elliman Inc. to Host Fourth Quarter and Full Year 2023 Results Conference Call

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