Douglas Elliman Inc. is one of the largest residential brokerage companies in the New York metropolitan area, which includes New York City, Long Island, Westchester, Connecticut, New Jersey and the Hamptons, and the sixth largest in the U.S., with substantial businesses in California, Colorado, Texas, Florida and Massachusetts. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets.
Company profile
Ticker
DOUG
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
KE • Anywhere Real Estate • Realogy • Jones Lang Lasalle • Marriott Vacations Worldwide • Opendoor • Bluegreen Vacations • RE/MAX • Appreciate • Redfin ...
SEC CIK
Subsidiaries
DER Holdings LLC • Douglas Elliman of California, Inc. • Douglas Elliman Realty, LLC • Douglas Elliman Florida LLC • Douglas Elliman of LI, LLC • Douglas Elliman, LLC ...
IRS number
872176850
DOUG stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
16 Mar 23
8-K
Douglas Elliman Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
10 Mar 23
8-K
Amendments to Articles of Incorporation or Bylaws
1 Dec 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Douglas Elliman Inc. Reports Third Quarter 2022 Financial Results
4 Nov 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
8-K
Douglas Elliman Inc. Reports Second Quarter 2022 Financial Results
5 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
5 Jul 22
8-K
June 2021 / Confidential Investor Presentation May 2022
31 May 22
DEFA14A
Additional proxy soliciting materials
20 May 22
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | |
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| Operating income | |||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 171.38 mm | 171.38 mm | 171.38 mm | 171.38 mm | 171.38 mm | 171.38 mm |
| Cash burn (monthly) | 10.09 mm | 4.79 mm | 7.29 mm | 173.42 k | 5.66 mm | 1.98 mm |
| Cash used (since last report) | 26.99 mm | 12.81 mm | 19.48 mm | 463.61 k | 15.14 mm | 5.30 mm |
| Cash remaining | 144.40 mm | 158.58 mm | 151.90 mm | 170.92 mm | 156.24 mm | 166.09 mm |
| Runway (months of cash) | 14.3 | 33.1 | 20.8 | 985.6 | 27.6 | 83.9 |
Institutional ownership, Q4 2022
70.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 171 |
| Opened positions | 26 |
| Closed positions | 26 |
| Increased positions | 56 |
| Reduced positions | 55 |
| 13F shares | Current |
|---|---|
| Total value | 195.23 bn |
| Total shares | 57.43 mm |
| Total puts | 4.40 k |
| Total calls | 51.30 k |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 11.80 mm | $48.01 bn |
| Vanguard | 8.54 mm | $34.74 bn |
| Phillip MD Frost Et Al | 7.12 mm | $81.86 mm |
| Capital Research Global Investors | 4.02 mm | $16.35 bn |
| Renaissance Technologies | 3.40 mm | $13.96 bn |
| STT State Street | 2.58 mm | $10.49 bn |
| Dimensional Fund Advisors | 1.94 mm | $7.90 mm |
| BK Bank Of New York Mellon | 1.75 mm | $7.12 bn |
| Geode Capital Management | 1.50 mm | $6.16 bn |
| IVZ Invesco | 1.21 mm | $4.93 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Mark Zeitchick | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 60,000 |
| 14 Mar 23 | Wilson White | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 61,750 |
| 14 Mar 23 | Michael Liebowitz | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 45,000 |
| 14 Mar 23 | Lynn Mestel | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 60,000 |
| 14 Mar 23 | Stephen T. Larkin | Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0.00 | 93,135 |
Press releases
Douglas Elliman Declares Quarterly Cash Dividend
13 Mar 23
Douglas Elliman Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
9 Mar 23
Douglas Elliman Inc. to Host Fourth Quarter and Full-Year 2022 Results Conference Call
28 Feb 23
Vector Group Reports Fourth Quarter and Full Year 2022 Financial Results
15 Feb 23
Douglas Elliman Promotes Deva Roberts to General Counsel
30 Jan 23