Wedbush Reiterates Outperform on Landsea Homes, Maintains $16 Price Target
$LSEA
Homebuilding
Consumer Discretionary
Wedbush analyst Jay McCanless reiterates Landsea Homes (NASDAQ:LSEA) with a Outperform and maintains $16 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/31/2024 | $14.00 | Outperform | Oppenheimer |
| 6/23/2023 | $16.00 | Neutral | Wedbush |
| 9/15/2022 | Neutral | BTIG Research |
SC 13D/A - Landsea Homes Corp (0001721386) (Subject)
SC 13D/A - Landsea Homes Corp (0001721386) (Subject)
SC 13D/A - Landsea Homes Corp (0001721386) (Subject)
10-Q - Landsea Homes Corp (0001721386) (Filer)
8-K - Landsea Homes Corp (0001721386) (Filer)
8-K - Landsea Homes Corp (0001721386) (Filer)
Net income increased 29% to $11.1 million or $0.30 per share, a 36% increaseAdjusted net income increased 36% to $15.9 million or $0.44 per share, a 47% increaseHome sales revenue increased 26.2% to $325.6 millionNew home deliveries increased 40% to 629 homesNet new home orders of 626 increased 28.8%Home sales gross margin of 17.1%, adjusted home sales gross margin of 22.8%Book value per share of $18.27 DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company") announced today financial results for the third quarter ended September 30, 2024. For the quarter, the Company reported pretax income of $14.9 million, and net income of $11
- 210 New High Performance Homes Coming to Desirable Master Planned Community Close to Downtown Austin - Single-Family Homes and Attached Townhomes - Community Located at the Gateway of Texas Hill Country KYLE, Texas, Oct. 15, 2024 /PRNewswire/ -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, is bringing 210 new homes to a brand new community, Parkton Square, in Kyle, Texas. "Kyle is one of the fastest growing cities in the country, and we are pleased to provide more opportuni
DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the third quarter of 2024 before the market opens on Monday, November 4, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Monday, November 4, 2024Time: 10:00 AM Eastern TimeToll-free dial-in number: 800-274-8461International dial-in number: 203-518-9814 Replay Details:Toll-free replay number: 844-512-2921International replay number: 412-317-6671Replay ID: 11157369 The conference call will also be broadca
Longtime land development executive, Aubrey Dym, will oversee land acquisition and strategy DALLAS, May 20, 2024 /PRNewswire/ -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today it has appointed Aubrey Dym as Vice President of Land for the company's growing Dallas-Fort Worth division. "Aubrey's experience speaks for itself. She brings a unique strategic perspective and enthusiasm for success that will serve our Dallas-Fort Worth division well as we work to expand our footprint and become o
– Loreen Spencer and Susan Lattmann Join Board – – Robin Hensley Retires after 23 Years of Service – ST. PETERSBURG, FLA., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ:SGC), today announced the appointment of Loreen Spencer and Susan Lattmann to its Board of Directors, effective February 12, 2024. Spencer brings to SGC a wealth of audit, accounting, financial and governance expertise. Spencer is a Certified Public Accountant, and from 1987 until her retirement in 2016, was an Audit Partner for Deloitte & Touche LLP. Since 2017 she has served on the Board of Directors and the Audit & Risk Committee of Raymond James Bank, a banking subsidiary of Raymond J
Texas Legal Expert Brings Over 20 Years of Experience to Senior Leadership Team DALLAS, Jan. 3, 2024 /PRNewswire/ -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that Kelly Rentzel has joined the company's senior leadership team as General Counsel. "We are very pleased to welcome Kelly to Landsea Homes as our new General Counsel," said John Ho, Chief Executive Officer, Landsea Homes. "Her strong ties throughout Texas, breadth of legal and financial services acumen, and deep background in
4 - Landsea Homes Corp (0001721386) (Issuer)
4/A - Landsea Homes Corp (0001721386) (Issuer)
4/A - Landsea Homes Corp (0001721386) (Issuer)
Oppenheimer initiated coverage of Landsea Homes with a rating of Outperform and set a new price target of $14.00
Wedbush initiated coverage of Landsea Homes with a rating of Neutral and set a new price target of $16.00
BTIG Research initiated coverage of Landsea Homes with a rating of Neutral
Net income increased 29% to $11.1 million or $0.30 per share, a 36% increaseAdjusted net income increased 36% to $15.9 million or $0.44 per share, a 47% increaseHome sales revenue increased 26.2% to $325.6 millionNew home deliveries increased 40% to 629 homesNet new home orders of 626 increased 28.8%Home sales gross margin of 17.1%, adjusted home sales gross margin of 22.8%Book value per share of $18.27 DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company") announced today financial results for the third quarter ended September 30, 2024. For the quarter, the Company reported pretax income of $14.9 million, and net income of $11
DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the third quarter of 2024 before the market opens on Monday, November 4, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Monday, November 4, 2024Time: 10:00 AM Eastern TimeToll-free dial-in number: 800-274-8461International dial-in number: 203-518-9814 Replay Details:Toll-free replay number: 844-512-2921International replay number: 412-317-6671Replay ID: 11157369 The conference call will also be broadca
Home sales revenue increased 43.5% to $418.2 millionNet new home orders of 760 increased 34.5%Net income of $2.9 million or $0.08 per shareAdjusted net income of $13.3 million or $0.36 per share, a 9% increaseHome sales gross margin of 14.9%, 21.1% on an adjusted basisBook value per share of $17.94 DALLAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company") announced today financial results for the second quarter ended June 30, 2024. For the quarter, the Company reported pretax income of $4.6 million, and net income of $2.9 million, or $0.08 per share. Reported income for the quarter includes a $5.2 million or
4 - Landsea Homes Corp (0001721386) (Issuer)
4 - Landsea Homes Corp (0001721386) (Issuer)
4 - Landsea Homes Corp (0001721386) (Issuer)
Barclays analyst Matthew Bouley maintains Landsea Homes (NASDAQ:LSEA) with a Equal-Weight and lowers the price target from $11 to $10.
Oppenheimer analyst Tyler Batory initiates coverage on Landsea Homes (NASDAQ:LSEA) with a Outperform rating and announces Price Target of $14.