Harbor Custom Development (HCDI) Stock Forecast, Price & News

Harbor Custom Development's stock was trading at $0.3707 on January 1st, 2023. Since then, HCDI stock has increased by 919.7% and is now trading at $3.78.
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Harbor Custom Development saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 240,400 shares, an increase of 231.1% from the April 30th total of 72,600 shares. Based on an average daily trading volume, of 553,300 shares, the days-to-cover ratio is presently 0.4 days.
View Harbor Custom Development's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our HCDI earnings forecast.

Harbor Custom Development, Inc. (NASDAQ:HCDI) posted its quarterly earnings data on Friday, March, 31st. The company reported ($12.85) earnings per share (EPS) for the quarter, missing the consensus estimate of ($3.40) by $9.45. The firm earned $4.80 million during the quarter, compared to analyst estimates of $12.60 million. Harbor Custom Development had a negative trailing twelve-month return on equity of 108.57% and a negative net margin of 65.06%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Harbor Custom Development investors own include Holicity (HOLUU), Gores Holdings V (GRSVU), FS Development (FSDC), Freeline Therapeutics (FRLN), Duck Creek Technologies (DCT), CureVac (CVAC), Checkmate Pharmaceuticals (CMPI), Burlington Stores (BURL), BigCommerce (BIGC) and KE (BEKE).

(HCDI) raised $13 million in an IPO on Friday, August 28th 2020. The company issued 1,800,000 shares at a price of $6.00-$8.00 per share. ThinkEquity (a division of Fordham Financial Management) acted as the underwriter for the IPO and Aegis Capital was co-manager.

Harbor Custom Development trades on the NASDAQ under the ticker symbol "HCDI."

Harbor Custom Development's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of America Corp DE (0.97%). Insiders that own company stock include Chris John Corr, Jeffrey Habersetzer, Lance Brown, Larry G Swets Jr, Richard Schmidtke, Sterling Griffin and Walter Frederick Walker.
View institutional ownership trends.

Shares of HCDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HCDI stock can currently be purchased for approximately $3.78.

Harbor Custom Development (NASDAQ:HCDI) has a market capitalization of $2.72 million and generates $55.41 million in revenue each year. The company earns $-16,920,000.00 in net income (profit) each year or ($43.46) on an earnings per share basis.

Harbor Custom Development's mailing address is 11505 BURNHAM DR. NW SUITE 301, GIG HARBOR WA, 98332. The official website for the company is www.harborcustomdev.com. The company can be reached via phone at 253-649-0636 or via email at jh@hanoverintlinc.com.