Added to YB: 2026-04-29
Pitch date: 2026-02-24
DOUG [bullish]
Douglas Elliman Inc.
-9.33%
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
$172.9M
Pitch Price
$2.25
Price Target
7.00 (+243%)
Dividend
N/A
EV/EBITDA
5.34
P/E
11.53
EV/Sales
0.15
Sector
Real Estate Management and Development
Category
turnaround
Douglas Elliman Inc. - $DOUG
DOUG: Luxury RE brokerage at $60M EV vs $130M cash post-Lorber cleanup. New CEO Liebowitz focused on culture fix, agent retention, title/mortgage attach (20-35% peer rates), international JVs. $25B dev marketing pipeline (35% split vs 50% resale) = $15-20M incremental contribution 2026-29. Cost cuts: $80M marketing, 200k sf NYC RE, bloated IT spend. Target $15-25M 2026 EBITDA (from ~breakeven), $40-50M buyback likely. 7-8x multiple = $4-7 PT. Risks: Alexander Brothers litigation, agent attrition, Lorber governance overhang.
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