Wedbush Equities Analysts Lower Earnings Estimates for SDHC

Smith Douglas Homes Corp. (NYSE:SDHC) – Equities research analysts at Wedbush dropped their Q1 2025 earnings per share (EPS) estimates for shares of Smith Douglas Homes in a research report issued on Wednesday, March 12th. Wedbush analyst J. Mccanless now expects that the company will earn $0.30 per share for the quarter, down from their prior estimate 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) last posted its quarterly earnings results on Wednesday, March 12th. The company reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. Smith Douglas Homes had a return on equity of 21.01% and a net margin of 4.60%. The business had revenue of $287.49 million for the quarter, compared to the consensus estimate of $265.85 million.

A number of other equities analysts also recently issued reports on the company. Wells Fargo & Company dropped their price target on Smith Douglas Homes from $24.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Thursday. Bank of America cut Smith Douglas Homes from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $33.00 to $22.00 in a research note on Monday, January 27th. Finally, JPMorgan Chase & Co. decreased their price objective 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 company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $24.80.

Smith Douglas Homes Price Performance

SDHC opened at $19.64 on Friday. Smith Douglas Homes has a 12-month low of $19.00 and a 12-month high of $39.50. The business’s fifty day simple moving average is $23.02 and its 200-day simple moving average is $29.97.

Institutional Investors Weigh In On Smith Douglas Homes

A number of hedge funds have recently made changes to their positions in SDHC. Two Sigma Investments LP raised its stake in Smith Douglas Homes by 366.3% in the fourth quarter. Two Sigma Investments LP now owns 27,550 shares of the company’s stock valued at $706,000 after buying an additional 21,642 shares during the last quarter. Millennium Management LLC boosted its holdings in Smith Douglas Homes by 50.0% in the fourth quarter. Millennium Management LLC now owns 56,459 shares of the company’s stock worth $1,448,000 after acquiring an additional 18,810 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in Smith Douglas Homes in the fourth quarter worth about $456,000. Corton Capital Inc. boosted its holdings in Smith Douglas Homes by 61.8% in the fourth quarter. Corton Capital Inc. now owns 25,229 shares of the company’s stock worth $647,000 after acquiring an additional 9,640 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in Smith Douglas Homes by 69.9% in the fourth quarter. Jane Street Group LLC now owns 23,837 shares of the company’s stock worth $611,000 after acquiring an additional 9,805 shares in the last quarter.

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.