Smith Douglas Homes (SDHC) Stock Forecast & Price Target

$31.97

+1.14 (+3.70%)

(As of 07/26/2024 ET)

Smith Douglas Homes - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Smith Douglas Homes in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 5 have given a hold rating, and 1 has given a buy rating for SDHC.

Consensus Price Target

$27.10
-15.23% Downside

High Forecast	$31.50
Average Forecast	$27.10
Low Forecast	$20.00

According to the 6 analysts' twelve-month price targets for Smith Douglas Homes, the average price target is $27.10. The highest price target for SDHC is $31.50, while the lowest price target for SDHC is $20.00. The average price target represents a forecasted downside of -15.23% from the current price of $31.97.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Hold	Hold	Hold	N/A
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	N/A
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	N/A
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	N/A
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	N/A
Consensus Price Target	$27.10	$27.10	$27.70	N/A
Forecasted Upside	-15.23% Downside	-4.56% Downside	-4.13% Downside	N/A

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SDHC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SDHC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Smith Douglas Homes Stock vs. The Competition

Type	Smith Douglas Homes	Finance Companies	S&P 500
Consensus Rating Score	2.17	2.45	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-12.10% Downside	37.08% Upside	10.57% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/14/2024	Wedbush 3 of 5 stars	J. Mccanless Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral	$21.00 ➝ $20.00	-28.93%
3/22/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$25.00 ➝ $30.00	-3.35%
3/21/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Sector Perform ➝ Sector Perform	$26.00	-15.00%
2/5/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$31.50	+20.69%
2/5/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform
2/5/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$28.00	+7.28%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:11 PM ET.

SDHC Forecast - Frequently Asked Questions

What is Smith Douglas Homes' forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Smith Douglas Homes is $27.10, with a high forecast of $31.50 and a low forecast of $20.00.
Should I buy or sell Smith Douglas Homes stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Smith Douglas Homes in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SDHC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SDHC, but not buy additional shares or sell existing shares.
Does Smith Douglas Homes's stock price have much downside?: According to analysts, Smith Douglas Homes's stock has a predicted downside of -4.56% based on their 12-month stock forecasts.
What analysts cover Smith Douglas Homes?: Smith Douglas Homes has been rated by research analysts at Wedbush in the past 90 days.
Do Wall Street analysts like Smith Douglas Homes more than its competitors?: Analysts like Smith Douglas Homes less than other "finance" companies. The consensus rating score for Smith Douglas Homes is 2.17 while the average consensus rating score for "finance" companies is 2.44. Learn more on how SDHC compares to other companies.