Smith Douglas Homes (SDHC) to Release Quarterly Earnings on Wednesday

Smith Douglas Homes (NYSE:SDHC - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect Smith Douglas Homes to post earnings of $0.30 per share and revenue of $215.64 million for the quarter.

Smith Douglas Homes (NYSE:SDHC - Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The company reported $0.46 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $287.49 million for the quarter, compared to analyst estimates of $265.85 million. Smith Douglas Homes had a net margin of 4.60% and a return on equity of 21.01%. On average, analysts expect Smith Douglas Homes to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Smith Douglas Homes Stock Performance

Shares of NYSE SDHC traded up $0.52 during trading hours on Monday, hitting $19.63. 9,535 shares of the stock were exchanged, compared to its average volume of 101,465. The company has a market cap of $1.01 billion, a PE ratio of 11.15, a price-to-earnings-growth ratio of 6.87 and a beta of 1.28. The company's fifty day simple moving average is $19.56 and its two-hundred day simple moving average is $24.94. Smith Douglas Homes has a 1-year low of $17.03 and a 1-year high of $39.50.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SDHC. Bank of America cut shares of Smith Douglas Homes from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $33.00 to $22.00 in a research note on Monday, January 27th. Wells Fargo & Company dropped their price objective on shares of Smith Douglas Homes from $21.00 to $20.00 and set an "equal weight" rating on the stock in a report on Monday, April 14th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $24.60.

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.