Douglas Elliman
Residential brokerage and development marketing for premium U.S. housing markets.
Something off on this page? Send us feedback.
Profile
Residential brokerage and development marketing through Douglas Elliman Realty form the core of the business. The long-running brand is focused on New York-area and other U.S. premium housing markets, while the NYSE issuer dates to a 2021 spin-off.
Residential real-estate brokerage and development marketing sit at the center of the business, conducted through Douglas Elliman Realty. Activity is anchored in the New York metropolitan area and extends to premium housing markets across the United States.
The Douglas Elliman brand traces its origin to a 1911 vision for selling and managing luxury apartments, while the NYSE-listed issuer was formed in a 2021 spin-off from Vector Group. It has reported a single operating segment since 2025.
Property management is no longer an owned business following the 2025 sale of Douglas Elliman Property Management, leaving it outside the current operating structure.
Company facts
Categories
Key statistics
Year to date −19.7% · Average volume (30d) 352.6K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | — | −$0.05 | — | — | $283.4M | — | +2.29% |
| May 8, 2026Q1 FY26 | — | −$0.14 | — | — | $214.3M | — | −11.00% |
| Mar 13, 2026Q4 FY25 | $0.02 | −$0.17 | −950.0% | $275.4M | $245.4M | −10.9% | −0.59% |
| Nov 4, 2025Q3 FY25 | $0.03 | −$0.29 | −1,073.1% | $315.9M | $262.8M | −16.8% | +4.56% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $253.4M | $271.4M | $262.8M | $245.4M | $214.3M | $283.4M | |
| Gross profit | $66.9M | $66.8M | $245.3M | −$205.3M | $26.7M | $37.4M | |
| Operating income | −$5.3M | −$5.5M | $193.3M | −$243.2M | −$13.6M | −$4.6M | |
| Net income | −$6.0M | −$22.7M | −$24.7M | $68.6M | −$16.3M | −$2.7M | |
| Diluted EPS | −$0.07 | −$0.27 | −$0.29 | $0.68 | −$0.19 | −$0.03 | |
| Gross margin | 26.4% | 24.6% | 93.3% | -83.6% | 12.5% | 13.2% | |
| Operating margin | -2.1% | -2.0% | 73.6% | -99.1% | -6.4% | -1.6% |
Fiscal years (4-quarter sums)FY21 $1.35B · FY22 $1.15B · FY23 $955.6M · FY24 $995.6M · FY25 $1.03B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $111.2M · Total debt $98.5M · Total assets $444.3M · Shareholders' equity $167.0M
Dividends
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Mar 22, 2023 | Mar 23 | Mar 31 | $0.05 | |
| Dec 9, 2022 | Dec 12 | Dec 22 | $0.05 | |
| Sep 14, 2022 | Sep 15 | Sep 29 | $0.05 | |
| Jun 16, 2022 | Jun 17 | Jun 29 | $0.05 | |
| Mar 21, 2022 | Mar 22 | Mar 30 | $0.05 |
Ownership
Shares outstanding 90.91M · Float 71.31M · 78.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Phillip Frost, M.D. | 7.65M | 8.60% | 13G | Feb 11, 2025 |
| BlackRock, Inc. | 5.36M | 5.89% | 13F | Aug 7, 2026 |
| Clearline Capital LP | 3.97M | 4.37% | 13F | Aug 14, 2026 |
| Michael Liebowitz · director, officer: President and CEO | 3.77M | 4.15% | Form 4 | Apr 10, 2026 |
| Ameriprise Financial Inc | 3.67M | 4.04% | 13F | Aug 14, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- Compass
Luxury brokerage and new-development-marketing rival
- AGNT
Cloud brokerage and franchise platform for residential agents
- Real Brokerage
Digital residential brokerage platform across the U.S. and Canada
- RE/MAX
Global residential brokerage-franchise network
- Fathom
Technology-led residential brokerage and transaction-services peer
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Douglas Elliman | $1.83 | 0.00% | $166.4M | 10.8 | 3.9 | 0.2 | +4.5% |
| Compass | $10.99 | +0.23% | $6.67B | 102.1 | 150.6 | 0.6 | +109.1% |
| AGNT | $4.32 | +1.77% | $696.7M | — | 63.7 | 0.1 | +10.8% |
| Real Brokerage | $21.35 | +1.14% | $459.6M | — | 287.9 | 0.2 | +29.6% |
| RE/MAX | $12.36 | −9.25% | $249.0M | — | 9.5 | 0.9 | −5.8% |
| Fathom | $0.6818 | −0.01% | $22.6M | — | — | 0.1 | −5.6% |
| Median | 102.1 | 107.1 | 0.2 | +10.8% |