Added to YB: 2025-01-06
Pitch date: 2024-11-19
DOUG [bullish]
Douglas Elliman Inc.
+23.58%
current return
Author Info
No bio for this author
Company Info
Douglas Elliman Inc. engages in the real estate services and property technology investment business in the United States.
Market Cap
$218.5M
Pitch Price
$2.29
Price Target
5.54 (+96%)
Dividend
N/A
EV/EBITDA
19.81
P/E
-3.49
EV/Sales
0.21
Sector
Real Estate Management and Development
Category
turnaround
Douglas Elliman Inc. - $DOUG
DOUG: New CEO Liebowitz replaces ousted execs, buys $2M stock. Q2 GTV +7% YoY, positive EBITDA. Cost cuts, $50M convert raise. Kennedy Lewis partnership for homebuilder synergies. Valuation: $181M mkt cap, $90M net cash. 10x EBIT, 3% margin implies $303M rev vs $900M-$1B actual. Catalysts: CEO execution, macro tailwinds.
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