Smith Douglas Homes (NYSE:SDHC - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $216.01 million for the quarter.
Smith Douglas Homes Stock Performance
NYSE SDHC opened at $19.43 on Monday. The firm has a market capitalization of $999.28 million, a P/E ratio of 11.23, a price-to-earnings-growth ratio of 10.18 and a beta of 1.05. Smith Douglas Homes has a fifty-two week low of $16.28 and a fifty-two week high of $39.50. The stock's fifty day moving average is $19.47 and its two-hundred day moving average is $20.34.
Smith Douglas Homes declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 28th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 5.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Wells Fargo & Company lowered their target price on Smith Douglas Homes from $21.00 to $20.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. Wedbush reiterated a "neutral" rating and issued a $18.00 target price on shares of Smith Douglas Homes in a research note on Wednesday, May 14th. JPMorgan Chase & Co. lowered their target price on Smith Douglas Homes from $24.00 to $18.50 and set a "neutral" rating on the stock in a research note on Wednesday, May 21st. Finally, Royal Bank Of Canada set a $16.00 price objective on Smith Douglas Homes and gave the stock a "sector perform" rating in a report on Tuesday, May 20th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, Smith Douglas Homes has an average rating of "Hold" and an average target price of $18.90.
Read Our Latest Analysis on Smith Douglas Homes
Insider Transactions at Smith Douglas Homes
In related news, Director George Ervin Perdue III acquired 1,400 shares of Smith Douglas Homes stock in a transaction dated Friday, June 13th. The shares were acquired at an average cost of $18.25 per share, for a total transaction of $25,550.00. Following the completion of the transaction, the director directly owned 40,384 shares of the company's stock, valued at $737,008. The trade was a 3.59% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Neill B. Faucett bought 7,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average price of $17.36 per share, with a total value of $121,520.00. Following the completion of the purchase, the director directly owned 14,505 shares of the company's stock, valued at approximately $251,806.80. The trade was a 93.27% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 40,652 shares of company stock worth $748,964 over the last ninety days.
About Smith Douglas Homes
(
Get Free Report)
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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