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

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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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Premier independent real estate brokerage expands to Mid-Valley with a new office Near Aspen BASALT, Colo. , July 26, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today that it has expanded its footprint in Colorado.

Douglas Elliman Expands into Basalt, Colorado

Move-In Concierge and Services Dashboard Enhances Agent-Client Relationship The Platform, Powered by New Valley Ventures' Portfolio Company MoveEasy, Enables Clients to Access Real-Time Personal Assistants for Move-In Resources Recommended by Elliman Agents NEW YORK , July 12, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today the launch of Elliman Showroom, a complimentary personal assistant platform that will guide home-buyers through a high-touch and streamlined move-in process. Powered by MoveEasy, a portfolio company of Douglas Elliman Inc.'s PropTech investment division, New Valley Ventures, Elliman Showroom combines personal assistant services with a dashboard of recommended vendors to help clients with all their move-in and set-up needs, from utility and internet to insurance and home security options.

Douglas Elliman Launches Elliman Showroom

Douglas Elliman is a residential real estate broker specializing in luxury properties. The company last reported its Q1 results highlighted by overall solid trends although recent signs suggest the housing market is slowing.

Douglas Elliman: Room To Get Bullish On Housing With A 3.9% Dividend Yield

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Veteran International Luxury Real Estate Executive Will Lead Efforts to Expand and Identify New Markets, Agents, Agent Teams and Business Opportunities for the Brokerage. NEW YORK , June 2, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today that Rick Moeser has joined the company as CEO of Business Development.

Douglas Elliman Welcomes Rick Moeser as CEO, Business Development

Powered by Purlin, a New Valley Ventures PropTech Investment, AdPro Enhances Agents' Ability to Promote Listings, Target Buyers, Grow Reach and Boost Lead Gen NEW YORK , June 1, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today the launch of AdPro, a new custom-built digital ad publishing solution that uses artificial intelligence (AI) to help agents more effectively promote properties, target potential buyers, expand their reach and generate more leads. AdPro is powered by Purlin, one of the first companies to receive funding from New Valley Ventures, the PropTech investment arm of Douglas Elliman Inc. "As a business built on empowering agents to grow their businesses, we are continuously looking for new tools and technologies to give them an edge," said Scott Durkin, Chief Executive Officer, Douglas Elliman Realty.

Douglas Elliman Launches Custom Digital and Social Advertising Solution AdPro

Leading National Brokerage Expands Western Region to Low Tax State of Nevada;  Top Realtor Avi Dan-Goor Joins the Firm LAS VEGAS , May 17, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today an expansion of its Western Region division to include Nevada. The company is opening a new office located in the Downtown Summerlin urban center of Las Vegas.

Douglas Elliman Goes All-In on Las Vegas

Douglas Elliman Inc. (NYSE:DOUG ) Q1 2022 Earnings Conference Call May 10, 2022 4:30 PM ET Company Participants Howard Lorber - Chairman, President and Chief Executive Officer Richard Lampen - Chief Operating Officer Bryant Kirkland - Chief Financial Officer Scott Durkin - President and Chief Executive Officer, Douglas Elliman Realty Conference Call Participants Ritwik Roy - Jefferies John Massocca - Ladenburg Thalmann Mike Nolan - JPMorgan Operator Welcome to Douglas Elliman Inc.'s First Quarter 2022 Conference Call. During this call, the terms adjusted net income and adjusted EBITDA will be used.

Douglas Elliman Inc. (DOUG) CEO Howard Lorber on Q1 2022 Results - Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE:DOUG) today announced financial results for the three months ended March 31, 2022. “Douglas Elliman's strong momentum continued in the first quarter of 2022,” said Howard M. Lorber, Chairman and Chief Executive Officer of Douglas Elliman. “We are extremely proud of the success we are achieving and we believe we are well-positioned to capitalize on opportunities in the U.S. residential real estate market to continue driving value for all stakeho

Douglas Elliman Reports First Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its first quarter 2022 results on Tuesday, May 10, 2022 at 4:30 p.m. (ET). Investors can access the call by dialing 888-330-2506 and entering 46689 as the conference ID number. The call will also be available via live webcast at https://events.q4inc.com/attendee/620066759. Webcast participants should allot extra time before the webcast begins to register. A replay of the call will

Douglas Elliman to Host First Quarter 2022 Results Conference Call

New Move Marks Real Estate Giant's First Brick-and-Mortar Expansion to the Cape & Islands BOSTON , April 13, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today that it has opened its first Nantucket office at 12 Oak Street, Suite B, with views of Old North Wharf and Nantucket Harbor. This move underscores the brokerage's commitment to New England, increasing its brick-and-mortar footprint from the Back Bay area of Boston to the Island.

Douglas Elliman Realty Opens on Nantucket, MA

Douglas Elliman Inc. (DOUG) CEO Scott Durkin on Q4 2021 Results - Earnings Call Transcript

MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE:DOUG) today announced financial results for the three months and year ended December 31, 2021. “Douglas Elliman's strong performance during our first quarterly reporting period as a stand-alone public company is a testament to the hard work of our agents and employees and represents a solid platform for our continued growth,” said Howard M. Lorber, Chairman and Chief Executive Officer of Douglas Elliman. “We are extremely proud of the enormous

Douglas Elliman Reports Fourth Quarter and Full Year 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its fourth quarter and full-year 2021 results on Tuesday, March 1, 2022 at 5:15 p.m. (ET). Investors can access the call by dialing 844-200-6205 and entering 640820 as the conference ID number. The call will also be available via live webcast at https://events.q4inc.com/attendee/756225026. Webcast participants should allot extra time before the webcast begins to register. A replay

Douglas Elliman to Host Fourth Quarter and Full-Year 2021 Results Conference Call

NEW YORK, Feb. 9, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest residential brokerage companies in the New York metropolitan area and the sixth largest in the U.S., announces today that the firm had a record-breaking 2021. Nationwide sales totaled approximately $51.2 billion, the highest sales volume in ten years with a total of approximately 32,400 sales transactions, also the highest in a decade.

Douglas Elliman Hits Highest Closed Sales and Transactions Volume in a Decade

NEW YORK, Jan. 18, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, is pleased to announce that Deva Roberts, a seasoned attorney, has been named the firm's new Senior Vice President and Associate General Counsel. In this role, she will be engaged in all legal aspects of the firm's real estate sales and development work.

Douglas Elliman Appoints Deva Roberts SVP and Associate General Counsel

WELLINGTON, Fla., Jan. 4, 2022 /PRNewswire/ -- Douglas Elliman Real Estate, one of the largest residential brokerage companies in the New York metropolitan area and the sixth largest in the U.S., announced its official sponsorship of the 2022 Winter Equestrian Festival for the seventh consecutive year as title sponsor and exclusive real estate agency partner, and a fourth year Title Sponsor at The Global Dressage Festival.

Douglas Elliman Returns as Exclusive Real Estate Partner and Title Sponsor at Annual Winter Equestrian Festival for Seventh Consecutive Year

Vector Group

NEW YORK--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) (“Douglas Elliman”) today announced that it has completed its previously announced spin-off from Vector Group Ltd. (NYSE: VGR). Douglas Elliman will begin trading today on the New York Stock Exchange under the symbol “DOUG” and has been added to the S&P SmallCap 600®, effective prior to the open of trading today. Douglas Elliman Realty, LLC is one of the largest residential brokerage companies in the New York metropolitan area and

News for Douglas Elliman Stock (DOUG)