Wedbush reissued their neutral rating on shares of Smith Douglas Homes (NYSE:SDHC – Free Report) in a report issued on Wednesday morning, RTT News reports. They currently have a $20.00 price objective on the stock. Wedbush also issued estimates for Smith Douglas Homes’ Q3 2024 earnings at $0.50 EPS, Q4 2024 earnings at $0.52 EPS, FY2024 earnings at $1.70 EPS, Q2 2025 earnings at $0.41 EPS, Q3 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.61 EPS, FY2025 earnings at $1.81 EPS, Q1 2026 earnings at $0.37 EPS, Q2 2026 earnings at $0.44 EPS and FY2026 earnings at $1.90 EPS.
Smith Douglas Homes Stock Performance
Smith Douglas Homes stock opened at $34.30 on Wednesday. Smith Douglas Homes has a 1 year low of $20.55 and a 1 year high of $37.74. The firm’s 50-day moving average is $26.92 and its 200-day moving average is $27.81.
Smith Douglas Homes (NYSE:SDHC – Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The company had revenue of $220.90 million during the quarter, compared to analyst estimates of $208.02 million. The business’s quarterly revenue was up 21.7% compared to the same quarter last year. On average, equities research analysts forecast that Smith Douglas Homes will post 1.67 earnings per share for the current year.
Institutional Investors Weigh In On Smith Douglas Homes
About Smith Douglas Homes
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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