Douglas Elliman: Settling Class Action Lawsuits A Positive, But Housing Remains Unaffordable [Seeking Alpha]
Douglas Elliman Inc. (DOUG)
Company Research
Source: Seeking Alpha
The actual settlement amount could be $10 million higher due to contingent payments based on the company's cash balance. Despite the settlement, Douglas Elliman's underlying business remains under pressure with declining commission revenues and weak resale activity. In my most recent update on Douglas Elliman Inc. ( NYSE: DOUG ), I warned that the real estate brokerage company was facing a host of headwinds, including high costs, slow resale activity, and class action lawsuits involving its real estate business practices. With Recommended For You Recommended For You About DOUG Stock
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DOUG
News
- Douglas Elliman Inc. (NYSE:DOUG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Bilt Rewards and Douglas Elliman Property Management Announce New Landmark Partnership [Yahoo! Finance]Yahoo! Finance
- Bilt Rewards and Douglas Elliman Property Management Announce New Landmark PartnershipBusiness Wire
- Douglas Elliman Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Douglas Elliman Inc. Reports First Quarter 2024 Financial ResultsBusiness Wire
DOUG
Earnings
- 5/9/24 - Miss
DOUG
Sec Filings
- 5/10/24 - Form 10-Q
- 5/10/24 - Form 8-K
- 5/8/24 - Form 4
- DOUG's page on the SEC website