Q1 EPS Forecast for Smith Douglas Homes Lowered by Analyst

Smith Douglas Homes Corp. (NYSE:SDHC - Free Report) - Research analysts at Wedbush cut their Q1 2025 EPS estimates for Smith Douglas Homes in a note issued to investors on Wednesday, March 12th. Wedbush analyst J. Mccanless now forecasts that the company will post earnings of $0.30 per share for the quarter, down from their prior forecast of $0.35. The consensus estimate for Smith Douglas Homes' current full-year earnings is $1.73 per share. Wedbush also issued estimates for Smith Douglas Homes' Q2 2025 earnings at $0.33 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.54 EPS, Q1 2026 earnings at $0.24 EPS and Q2 2026 earnings at $0.36 EPS.

Smith Douglas Homes (NYSE:SDHC - Get Free Report) last posted its quarterly earnings data on Wednesday, March 12th. The company reported $0.46 earnings per share for the quarter, meeting analysts' consensus estimates of $0.46. The business had revenue of $287.49 million during 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%.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. dropped their price target on shares of Smith Douglas Homes from $36.00 to $35.00 and set a "neutral" rating for the company in a research report on Friday, December 13th. Wells Fargo & Company dropped their price target on shares of Smith Douglas Homes from $24.00 to $21.00 and set an "equal weight" rating for the company in a research report on Thursday, March 13th. Finally, Bank of America lowered shares of Smith Douglas Homes from a "neutral" rating to an "underperform" rating and dropped their price target for the stock from $33.00 to $22.00 in a research report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $24.80.

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Smith Douglas Homes Price Performance

SDHC stock traded up $0.19 on Friday, hitting $19.54. 81,372 shares of the company were exchanged, compared to its average volume of 115,385. Smith Douglas Homes has a twelve month low of $18.88 and a twelve month high of $39.50. The business's fifty day moving average is $22.92 and its two-hundred day moving average is $29.76. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 6.87 and a beta of 1.44.

Institutional Investors Weigh In On Smith Douglas Homes

Several institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP grew its stake in Smith Douglas Homes by 438.9% during the fourth quarter. Wasatch Advisors LP now owns 1,156,019 shares of the company's stock worth $29,640,000 after buying an additional 941,511 shares during the period. Artisan Partners Limited Partnership boosted its stake in shares of Smith Douglas Homes by 4.6% in the fourth quarter. Artisan Partners Limited Partnership now owns 813,082 shares of the company's stock valued at $20,847,000 after purchasing an additional 35,702 shares during the period. Beck Mack & Oliver LLC boosted 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 valued at $17,933,000 after purchasing an additional 256,950 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of Smith Douglas Homes by 52.8% in the fourth quarter. First Eagle Investment Management LLC now owns 148,882 shares of the company's stock valued at $3,817,000 after purchasing an additional 51,419 shares during the period. Finally, Renaissance Technologies LLC boosted 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 valued at $2,543,000 after purchasing an additional 24,000 shares during the period.

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.