Wedbush Has Negative Forecast for SDHC FY2025 Earnings

Smith Douglas Homes Corp. (NYSE:SDHC) – Equities research analysts at Wedbush reduced their FY2025 earnings per share (EPS) estimates for shares of Smith Douglas Homes in a report issued on Wednesday, March 12th. Wedbush analyst J. Mccanless now forecasts that the company will post earnings per share of $1.58 for the year, down from their prior forecast of $1.88. The consensus estimate for Smith Douglas Homes’ current full-year earnings is $1.73 per share. Wedbush also issued estimates for Smith Douglas Homes’ Q3 2026 earnings at $0.45 EPS, Q4 2026 earnings at $0.58 EPS and FY2026 earnings at $1.63 EPS.

Several other research analysts have also recently weighed in on the company. Bank of America cut Smith Douglas Homes from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $33.00 to $22.00 in a research note on Monday, January 27th. Wells Fargo & Company decreased their price target on Smith Douglas Homes from $24.00 to $21.00 and set an “equal weight” rating for the company in a research note on Thursday, March 13th. Finally, JPMorgan Chase & Co. decreased their price target on Smith Douglas Homes from $36.00 to $35.00 and set a “neutral” rating for the company in a research note on Friday, December 13th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $24.80.

Smith Douglas Homes Trading Up 1.0 %

Shares of NYSE:SDHC opened at $19.54 on Monday. The stock has a fifty day simple moving average of $22.85 and a two-hundred day simple moving average of $29.64. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 6.87 and a beta of 1.44. Smith Douglas Homes has a 12-month low of $18.88 and a 12-month high of $39.50.

Smith Douglas Homes (NYSE:SDHC) last announced its quarterly earnings data on Wednesday, March 12th. The company reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. The business had revenue of $287.49 million during the quarter, compared to analysts’ expectations of $265.85 million. Smith Douglas Homes had a return on equity of 21.01% and a net margin of 4.60%.

Institutional Trading of Smith Douglas Homes

Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Smith Douglas Homes by 1,551.9% in the third quarter. JPMorgan Chase & Co. now owns 21,343 shares of the company’s stock worth $806,000 after acquiring an additional 20,051 shares during the period. Atria Investments Inc bought a new stake in shares of Smith Douglas Homes in the third quarter worth $204,000. BNP Paribas Financial Markets bought a new stake in shares of Smith Douglas Homes in the third quarter worth $591,000. Jane Street Group LLC bought a new stake in Smith Douglas Homes during the third quarter valued at about $530,000. Finally, Daiwa Securities Group Inc. grew its holdings in Smith Douglas Homes by 31.2% during the third quarter. Daiwa Securities Group Inc. now owns 29,487 shares of the company’s stock valued at $1,114,000 after purchasing an additional 7,015 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.