Douglas Elliman Inc. Secures $50 Million Growth Investment From Kennedy Lewis Investment Management
- 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.
- 07/02/2024
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Salvatore Troia Joins NNN Pro as Chief Financial Officer as Company Continues to Bolster Brokerage Platform
- 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.
- 06/06/2024
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Bilt Rewards and Douglas Elliman Property Management Announce New Landmark Partnership
- 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.
- 05/10/2024
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Douglas Elliman Inc. (DOUG) Q1 2024 Earnings Call Transcript
- 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.
- 05/10/2024
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Douglas Elliman Inc. Reports First Quarter 2024 Financial Results
- 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.
- 05/09/2024
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Douglas Elliman Inc. to Host First Quarter 2024 Results Conference Call
- 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.
- 05/03/2024
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Douglas Elliman Inc. Enters into Settlement Agreement to Resolve Certain Brokerage Commission Litigation
- 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.
- 04/29/2024
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Douglas Elliman Inc. (DOUG) Q4 2023 Earnings Call Transcript
- Douglas Elliman Inc. (DOUG) Q4 2023 Earnings Call Transcript
- 03/01/2024
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Douglas Elliman Inc. (DOUG) Reports Q4 Loss, Misses Revenue Estimates
- 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.
- 02/29/2024
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Douglas Elliman Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
- 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.
- 02/29/2024
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One-quarter of America's ultra-rich plan to buy a home this year: Douglas Elliman report
- Douglas Elliman CEO Scot Durkin and CNBC's Robert Frank join 'The Exchange' to discuss trends in luxury real estate, how the luxury market changed since the Covid-19 pandemic and more.
- 02/28/2024
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Douglas Elliman Inc. to Host Fourth Quarter and Full Year 2023 Results Conference Call
- 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.
- 02/23/2024
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Pre-Surge Penny Picks: 3 Stocks to Buy Before They Boom
- Today's backdrop of a predicted fall in interest rates, as well as the expectation that indices like the S&P 500 will surge higher, has some important considerations for penny stocks. Penny stocks tend to do better when the downward pressures on their valuations subside.
- 12/25/2023
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Douglas Elliman: When It Rains, It Pours; Maintain Hold
- Douglas Elliman's shares have continued to decline, making the company worth around $150 million. DOUG reported a weak Q3 with a decline in revenues and an operating loss, but cost-cutting measures are starting to take hold. The real estate resale market remains sluggish, and the company faces potential commission declines from the fallout of the Sitzer/Burnett class action lawsuit.
- 11/26/2023
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Douglas Elliman | Knight Frank Launch joint Affiliate Alliance with The Isles Group in The Bahamas
- NASSAU, Bahamas , Nov. 15, 2023 /PRNewswire/ -- Douglas Elliman | Knight Frank announced today a new affiliate partner for luxury real estate in the Bahamas. While Douglas Elliman and Knight Frank have shared a formal global alliance for more than a decade, this new affiliate platform, beginning with The Isles Group, is the first-of-its-kind affiliation between one of the largest independent brokerages in the U.S. and its UK-headquartered international partner.
- 11/15/2023
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Over 2 dozen Manhattan real estate brokerages — including Corcoran Group, Douglas Elliman — sued for inflating commissions
- The proposed class action followed an Oct. 31 verdict by a federal jury in Missouri awarding home sellers $1.78 billion, in a similar case against the National Association of Realtors and several brokerages.
- 11/13/2023
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Douglas Elliman Inc. (DOUG) Q3 2023 Earnings Call Transcript
- Douglas Elliman Inc. (NYSE:DOUG ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Howard Lorber - Chairman, President and Chief Executive Officer Bryant Kirkland - Chief Financial Officer Conference Call Participants Dan Fannon - Jefferies Soham Bhonsle - BTIG Operator Welcome to the Douglas Elliman's Third Quarter 2023 Earnings Conference Call. This call is being recorded and simultaneously webcast.
- 11/08/2023
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Douglas Elliman Inc. Reports Third Quarter 2023 Financial Results
- MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE:DOUG) today announced financial results for the three and nine months ended September 30, 2023. “Douglas Elliman delivered another strong quarterly performance despite a challenging macroeconomic environment, thanks in large part to stable pricing in our luxury markets, the competitive advantage of our development marketing business and our dedicated team of world-class agents,” said Howard M. Lorber, Chairman and Chief Executive Officer of Dou.
- 11/07/2023
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Douglas Elliman CEO on lawsuits, housing headwinds and debate over brokerage commissions
- Douglas Elliman CEO Scott Durkin and CNBC's Robert Frank join 'Power Lunch' to discuss the real estate market.
- 11/02/2023
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Douglas Elliman Inc. to Host Third Quarter 2023 Results Conference Call
- MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its third quarter 2023 results on Wednesday, November 8, 2023 at 8:30 a.m. (ET). Investors may access the call via live webcast at https://join.eventcastplus.com/eventcastplus/Douglas-Elliman-Inc-Third-Quarter-2023-Results-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 8,.
- 11/01/2023
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Why Fast-paced Mover Douglas Elliman Inc. (DOUG) Is a Great Choice for Value Investors
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Douglas Elliman Inc. (DOUG) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 09/11/2023
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Douglas Elliman: Real Estate Activity Remains Subdued, Looks Interesting As An M&A Target
- Douglas Elliman's shares have collapsed by almost 30% after suspending its cash dividend and reporting declining revenues and gross transaction value. The company's cost structure remains elevated, leading to a steep operating loss in H1/2023. With high mortgage rates limiting real estate transactions, DOUG is expected to report operating losses in 2023 and 2024.
- 08/22/2023
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Douglas Elliman: A Niche Real Estate Play With A Possible Catalyst
- Home sales volume is declining due to inflationary pressures and higher interest rates, causing pain for companies in the housing market. Douglas Elliman, a real estate services firm, is facing significant challenges but has an interesting niche in the higher-end market. The company has no debt, a substantial amount of cash on hand, and potential catalysts in its technology-oriented investments, making it a speculative but potentially attractive investment opportunity.
- 08/21/2023
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If you use 2021 to measure housing prices 'you're going to be disappointed': Douglas Elliman CEO
- Howard Lorber, Douglas Elliman President, Chairman, and CEO, joins 'Closing Bell Overtime' to talk rate hikes and their impact on mortgages and the commercial real estate market.
- 08/17/2023
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Douglas Elliman, Inc. (DOUG) Q2 2023 Earnings Call Transcript
- Douglas Elliman, Inc. (NYSE:DOUG ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM 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 of Douglas Elliman Realty Conference Call Participants Dan Fannon - Jefferies Operator Welcome to Douglas Elliman's Second Quarter 2023 Earnings Conference Call. This call is being recorded and simultaneously webcast.
- 08/09/2023
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Douglas Elliman Inc. (DOUG) Reports Q2 Loss, Tops Revenue Estimates
- Douglas Elliman Inc. (DOUG) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to earnings of $0.11 per share a year ago.
- 08/07/2023
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Douglas Elliman, Inc. (DOUG) Q1 2023 Earnings Call Transcript
- Douglas Elliman, Inc. (NYSE:DOUG ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Howard Lorber - Chairman, President & CEO Conference Call Participants Operator Welcome to Douglas Elliman's First Quarter 2023 Earnings Conference Call. The call is being recorded and simultaneously webcast.
- 05/13/2023
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Douglas Elliman Inc. to Host First Quarter 2023 Results Conference Call
- MIAMI--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its first quarter 2023 results on Wednesday, May 10, 2023 at 8:30 a.m. (ET). Participants should pre-register for the call using the following link: https://conferencingportals.com/event/XyPNvEjm. Registered participants will receive an email with a calendar reminder, dial-in number and conference ID that allows immediate access to the call on Wednesday, May 10, 2023. Participants who.
- 05/02/2023
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Douglas Elliman Inc. (DOUG) Q4 2022 Earnings Call Transcript
- Douglas Elliman Inc. (NYSE:DOUG ) Q4 2022 Results Conference Call March 10, 2023 8:00 AM ET Company Participants Howard Lorber - Chairman, President & CEO Bryant Kirkland - Senior VP, Treasurer & CFO Conference Call Participants Daniel Fannon - Jefferies LLC Operator Welcome to Douglas Elements Inc.'s Fourth Quarter 2022 Earnings Conference Call. The call is being recorded and simultaneously webcast.
- 03/10/2023
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7 Overlooked Dividend Stocks That Could Outperform The Market
- With the Federal Reserve's fight to curb inflation far from over, it's safe to assume that a “Fed pivot” is not forthcoming. As interest rates remain high, it may take some more time for the bull market to return.
- 02/15/2023
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Douglas Elliman: A Contrarian 4.3% Yield Play
- Today, we take our first look at Douglas Elliman which went public just before mortgage rates doubled, crippling housing activity. Like others in the real estate sector, the environment has been more than challenging over the past year as rates have risen precipitously and inventory remains sparse.
- 01/29/2023
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7 Real Estate Stocks That May Not Survive 2023
- Although the housing market soared through the first two years of the post-pandemic new normal, the challenge now is that the paradigm shifted, necessitating a discussion about real estate stocks to sell. Understandably, the topic of dumping publicly traded companies rarely sparks the warm and fuzzies.
- 01/11/2023
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The 7 Hottest Penny Stocks to Own for 2023 and Beyond
- Irrespective of the stock market's overall performance in the coming year, there are many stocks that could nonetheless “crush it” in 2023. Included in that category are some of the hottest penny stocks out there right now.
- 12/15/2022
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These Are the Top Holdings of Randall Smith
- Randall Smith is a hedge fund manager and the founder and chief of investments of Alden Global Capital.
- 12/05/2022
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Home purchases by Investors Drop 30%
- Home prices are falling as demand decreases from the extreme highs of the pandemic
- 11/22/2022
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Residential Real Estate Broker Douglas Elliman Is An Interesting Turnaround Investment
- Douglas Elliman reported a GAAP loss of $0.05 per share for 3Q. Higher mortgage rates are hurting the residential real estate market.
- 11/14/2022
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High-end luxury rental prices are astronomical, says Douglas Elliman's Lorber
- Howard Lorber, Douglas Elliman executive chairman, joins 'Closing Bell' to discuss how much the real estate market is being pressured by rising interest rates, when rents will begin to come down and insights into both the New York and Florida real estate markets.
- 11/09/2022
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Douglas Elliman Inc. (DOUG) Q3 2022 Earnings Call Transcript
- Douglas Elliman Inc. (NYSE:DOUG ) Q3 2022 Earnings Conference Call November 4, 2022 8:00 AM ET Company Participants Howard M. Lorber – Chairman, President and Chief Executive Officer Conference Call Participants Daniel Fannon – Jefferies Operator Welcome to Douglas Elliman, Inc.'s Third Quarter 2022 Earnings Conference Call.
- 11/05/2022
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Best Penny Stocks To Buy Now? 3 With Heavy Insider Trading In October
- Best penny stocks to buy this week according to insiders. The post Best Penny Stocks To Buy Now?
- 10/14/2022
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The 7 Best Penny Stocks to Buy Now
- With overall market sentiment still highly negative, now may be the time to consider the best penny stocks to buy. At first, this may sound counterintuitive.
- 09/21/2022
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Douglas Elliman Inc. (DOUG) CEO Howard Lorber on Q2 2022 Results - Earnings Call Transcript
- Douglas Elliman Inc. (NYSE:DOUG ) Q2 2022 Earnings Conference Call August 5, 2022 7:30 AM ET Company Participants Howard Lorber - Chairman, President and Chief Executive Officer Bryant Kirkland - Senior Vice President, Treasurer and Chief Financial Officer Conference Call Participants Dan Fannon - Jefferies John Massocca - Ladenburg Thalmann Operator Welcome to Douglas Elliman Inc.'s Second Quarter 2022 Conference Call. During this call, the terms adjusted net income and adjusted EBITDA will be used.
- 08/05/2022
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Douglas Elliman to Host Second Quarter 2022 Results Conference Call
- NEW YORK--(BUSINESS WIRE)--Douglas Elliman Inc. (NYSE: DOUG) will conduct a conference call and webcast to discuss its second quarter 2022 results on Friday, August 5, 2022 at 7:30 a.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/484294423. Webcast participants should allot extra time before the webcast begins to register. A replay of the call w
- 07/29/2022
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Douglas Elliman: Room To Get Bullish On Housing With A 3.9% Dividend Yield
- 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.
- 07/08/2022
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7 Penny Stocks to Buy in July 2022
- Consider these seven names, a mix of growth and value plays, some of the best penny stocks to buy in July 2022. The post 7 Penny Stocks to Buy in July 2022 appeared first on InvestorPlace.
- 07/04/2022
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Housing prices will have to soften if rates go higher, says Douglas Elliman CEO Scott Durkin
- Douglas Elliman CEO Scott Durkin joins CNBC's 'Squawk Box' to discuss whether higher mortgage rates will stall buyers in the housing market and more.
- 06/15/2022
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Douglas Elliman Inc. (DOUG) CEO Howard Lorber on Q1 2022 Results - Earnings Call Transcript
- 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.
- 05/15/2022
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Douglas Elliman to Host First Quarter 2022 Results Conference Call
- 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
- 05/03/2022
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Douglas Elliman Inc. (DOUG) CEO Scott Durkin on Q4 2021 Results - Earnings Call Transcript
- Douglas Elliman Inc. (DOUG) CEO Scott Durkin on Q4 2021 Results - Earnings Call Transcript
- 03/01/2022
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New York, Palm Beach and Miami are the hottest real-estate markets, says Douglas Elliman's Lorber
- Howard Lorber, Douglas Elliman executive chairman, joins 'Power Lunch' to discuss supply chain shortages in the housing market.
- 01/04/2022
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