Q2 EPS Estimates for Smith Douglas Homes Reduced by Wedbush

Key Points

• Wedbush has reduced its Q2 2026 EPS estimate for Smith Douglas Homes from $0.35 to $0.24, maintaining a "Neutral" rating with a price target of $18.00.
• The company reported a loss of $0.13 EPS for the last quarter, missing analysts' estimates of $0.25 EPS, while achieving a revenue of $223.92 million, exceeding expectations.
• Smith Douglas Homes has recently authorized a stock buyback plan of $50 million, indicating that the board believes the stock is undervalued.

Smith Douglas Homes Corp. (NYSE:SDHC - Free Report) - Stock analysts at Wedbush dropped their Q2 2026 earnings per share (EPS) estimates for Smith Douglas Homes in a research note issued on Monday, August 11th. Wedbush analyst J. Mccanless now anticipates that the company will post earnings per share of $0.24 for the quarter, down from their prior forecast of $0.35. Wedbush currently has a "Neutral" rating and a $18.00 price target on the stock. The consensus estimate for Smith Douglas Homes' current full-year earnings is $1.73 per share. Wedbush also issued estimates for Smith Douglas Homes' Q3 2026 earnings at $0.34 EPS, Q1 2027 earnings at $0.22 EPS, Q2 2027 earnings at $0.26 EPS and FY2027 earnings at $1.36 EPS.

Smith Douglas Homes (NYSE:SDHC - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.25 by ($0.38). Smith Douglas Homes had a net margin of 1.43% and a return on equity of 1.74%. The company had revenue of $223.92 million for the quarter, compared to analyst estimates of $216.01 million.

SDHC has been the subject of several other reports. JPMorgan Chase & Co. cut their price target on Smith Douglas Homes from $24.00 to $18.50 and set a "neutral" rating for the company in a report on Wednesday, May 21st. Royal Bank Of Canada set a $16.00 price target on Smith Douglas Homes and gave the company a "sector perform" rating in a report on Tuesday, May 20th. Wells Fargo & Company cut their price target on Smith Douglas Homes from $21.00 to $20.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Finally, Wall Street Zen cut shares of Smith Douglas Homes from a "hold" rating to a "sell" rating in a research note on Saturday. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $18.90.

Smith Douglas Homes Price Performance

Shares of Smith Douglas Homes stock opened at $17.34 on Tuesday. Smith Douglas Homes has a 1 year low of $16.28 and a 1 year high of $39.50. The company has a market capitalization of $891.54 million, a P/E ratio of 10.90, a P/E/G ratio of 10.07 and a beta of 1.05. The business has a 50 day moving average price of $19.55 and a 200 day moving average price of $20.10.

Institutional Trading of Smith Douglas Homes

Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC raised its stake in shares of Smith Douglas Homes by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 90,038 shares of the company's stock worth $2,310,000 after acquiring an additional 457 shares during the last quarter. Trexquant Investment LP bought a new position in shares of Smith Douglas Homes in the fourth quarter worth about $218,000. Renaissance Technologies LLC raised its stake in shares of Smith Douglas Homes by 31.9% in the fourth quarter. Renaissance Technologies LLC now owns 99,200 shares of the company's stock worth $2,543,000 after acquiring an additional 24,000 shares during the last quarter. Wasatch Advisors LP raised its stake in shares of Smith Douglas Homes by 438.9% in the fourth quarter. Wasatch Advisors LP now owns 1,156,019 shares of the company's stock worth $29,640,000 after acquiring an additional 941,511 shares during the last quarter. Finally, Beck Mack & Oliver LLC raised its stake in shares of Smith Douglas Homes by 58.1% in the fourth quarter. Beck Mack & Oliver LLC now owns 699,430 shares of the company's stock worth $17,933,000 after acquiring an additional 256,950 shares during the last quarter.

Insider Buying and Selling at Smith Douglas Homes

In other news, Director Neill B. Faucett bought 7,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were acquired at an average cost of $17.36 per share, for a total transaction of $121,520.00. Following the purchase, the director owned 14,505 shares of the company's stock, valued at $251,806.80. This represents a 93.27% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jeffrey T. Jackson bought 6,000 shares of the stock in a transaction that occurred on Friday, May 16th. The stock was purchased at an average price of $18.49 per share, for a total transaction of $110,940.00. Following the completion of the purchase, the director directly owned 25,682 shares in the company, valued at $474,860.18. The trade was a 30.48% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 40,652 shares of company stock worth $748,964 over the last quarter.

Smith Douglas Homes declared that its Board of Directors has authorized a stock buyback plan on Wednesday, May 28th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 5.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

Smith Douglas Homes Company Profile

Smith Douglas Homes Corp., together with its subsidiaries, engages in the design, construction, and sale of single-family homes in the southeastern United States. It also provides closing, escrow, and title insurance services. The company sells its products to entry-level and empty-nest homebuyers. Smith Douglas Homes Corp.

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