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Smith Douglas Homes (NYSE:SDHC) reported quarterly earnings of $0.33 per share which missed the analyst consensus estimate of $0.41 by 19.51 percent. The company reported quarterly sales of $189.209 million which beat the analyst consensus estimate of $188.359 million by 0.45 percent. This is a 12.53 percent increase over sales of $168.144 million the same period last year.
Wells Fargo analyst Sam Reid maintains Smith Douglas Homes (NYSE:SDHC) with a Equal-Weight and raises the price target from $25 to $30.
RBC Capital analyst Mike Dahl reiterates Smith Douglas Homes (NYSE:SDHC) with a Sector Perform and maintains $26 price target.
SCHEDULE 13G/A - Smith Douglas Homes Corp. (0001982518) (Subject)
10-Q - Smith Douglas Homes Corp. (0001982518) (Filer)
8-K - Smith Douglas Homes Corp. (0001982518) (Filer)
SC 13G/A - Smith Douglas Homes Corp. (0001982518) (Subject)
SC 13G - Smith Douglas Homes Corp. (0001982518) (Subject)
SC 13G - Smith Douglas Homes Corp. (0001982518) (Subject)
New venture connects award-winning approach to new home construction with industry-leading lending platform to exceed customer expectations loanDepot, Inc. (NYSE: "LDI"), a leading provider of products and services that power the homeownership journey, and Smith Douglas Homes (NYSE:SDHC), the nation's 36th largest new home builderi with a strong presence in America's Southeast and Southern regions, today announced a new joint venture that will provide a smooth and streamlined financing option for new home buyers. Called Ridgeland Mortgage, the venture expands loanDepot's footprint in the purchase mortgage market while supporting Smith Douglas Homes' continued growth and success. It will b
Smith Douglas Homes Corp. (NYSE:SDHC) ("Smith Douglas" or the "Company") will release its results for the third quarter of 2024 before the market opens on Tuesday, November 12, 2024. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section of the company's website. Dial-in Numbers: Toll Free - North America (+1) 800-715-9871 International: (+1) 646-307-1963 Conference ID: 8743844 Replay Numbers: Toll Free - North America: (+1) 800-770-2030 Playback Passcode: 8743844 R
Smith Douglas Homes Corp. (NYSE:SDHC) ("Smith Douglas" or the "Company") today announced second quarter results for the three and six months ended June 30, 2024. Q2 2024 Results as compared to Q2 2023: Net new orders increased 17% to 715 Home closings increased 17% to 653 Revenue increased 22% to $220.9 million Pre-tax income of $25.9 million Earnings of $0.40 per diluted share Backlog homes increased 19% to 1,173 Sales value of backlog homes increased 23% to $404.7 million Debt-to-book capitalization of 1.1% Active community count increased 70% to 75 at quarter end Total controlled lots increased 81% to 15,842 Greg Bennett, Vice Chairman and Chief Executi