Smith Douglas Homes Corp downgraded by Analyst with a new price target
$SDHC
Homebuilding
Consumer Discretionary
Analyst downgraded Smith Douglas Homes Corp from Overweight to Neutral and set a new price target of $36.00 from $41.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/27/2025 | $33.00 → $22.00 | Neutral → Underperform | BofA Securities |
| 11/25/2024 | $41.00 → $36.00 | Overweight → Neutral | Analyst |
Smith Douglas Homes Corp. (NYSE:SDHC) ("Smith Douglas" or the "Company") today announced that its Board of Directors has authorized a stock repurchase program for up to $50.0 million of the Company's Class A common stock. "This repurchase authorization underscores the Board and Management's belief that at times our share price may be undervalued relative to our long-term opportunity. We remain committed to evaluating the strategic deployment of our capital where we believe it can generate shareholder value," said Greg Bennett, Vice Chairman and Chief Executive Officer. Under the program, the Company may make repurchases, from time to time, through open market purchases, block trades, in
Smith Douglas Homes Corp. (NYSE:SDHC) ("Smith Douglas" or the "Company") today announced first quarter results for the three months ended March 31, 2025. Q1 2025 Results as compared to Q1 2024: Home closings increased 19% to 671 Home closing revenue increased 19% to $224.7 million Home closing gross margin of 23.8% compared to 26.1% Net new home orders of 768 compared to 765 Pretax income of $19.6 million compared to $21.4 million Earnings of $0.30 per diluted share compared to $0.33 Debt-to-book capitalization of 9.5% compared to 0.8% at December 31, 2024 Active community count increased 24% to 87 at quarter end Total controlled lots increased 45% to 20,442 Greg Bennet
Smith Douglas Homes Corp. (NYSE:SDHC) ("Smith Douglas" or the "Company") will release its results for the first quarter of 2025 before the market opens on Wednesday, May 14, 2025. 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: 8459388 Replay Numbers: Toll Free - North America: (+1) 800-770-2030 Playback Passcode: 8459388 Repl
4 - Smith Douglas Homes Corp. (0001982518) (Issuer)
4 - Smith Douglas Homes Corp. (0001982518) (Issuer)
4 - Smith Douglas Homes Corp. (0001982518) (Issuer)
4 - Smith Douglas Homes Corp. (0001982518) (Issuer)
4 - Smith Douglas Homes Corp. (0001982518) (Issuer)
4 - Smith Douglas Homes Corp. (0001982518) (Issuer)
BofA Securities downgraded Smith Douglas Homes Corp from Neutral to Underperform and set a new price target of $22.00 from $33.00 previously
Analyst downgraded Smith Douglas Homes Corp from Overweight to Neutral and set a new price target of $36.00 from $41.00 previously
8-K - Smith Douglas Homes Corp. (0001982518) (Filer)
8-K - Smith Douglas Homes Corp. (0001982518) (Filer)
10-Q - Smith Douglas Homes Corp. (0001982518) (Filer)
SC 13G - Smith Douglas Homes Corp. (0001982518) (Subject)
SC 13G - Smith Douglas Homes Corp. (0001982518) (Subject)
SC 13G/A - Smith Douglas Homes Corp. (0001982518) (Subject)