Wedbush Lowers Earnings Estimates for Smith Douglas Homes

Smith Douglas Homes Corp. (NYSE:SDHC) – Wedbush cut their FY2025 earnings per share estimates for Smith Douglas Homes in a report issued on Wednesday, March 12th. Wedbush analyst J. Mccanless now forecasts that the company will post earnings of $1.58 per share 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.

Smith Douglas Homes (NYSE:SDHC) last posted its earnings results on Wednesday, March 12th. The company reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. Smith Douglas Homes had a return on equity of 21.01% and a net margin of 4.60%. The company had revenue of $287.49 million for the quarter, compared to analyst estimates of $265.85 million.

Other analysts also recently issued research reports about the stock. Wells Fargo & Company reduced their price target on shares of Smith Douglas Homes from $24.00 to $21.00 and set an “equal weight” rating on the stock in a report on Thursday. JPMorgan Chase & Co. reduced their target price on Smith Douglas Homes from $36.00 to $35.00 and set a “neutral” rating on the stock in a research note on Friday, December 13th. Finally, Bank of America downgraded 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 investment 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, Smith Douglas Homes presently has a consensus rating of “Hold” and a consensus target price of $24.80.

Smith Douglas Homes Trading Up 2.4 %

Smith Douglas Homes stock opened at $19.64 on Monday. Smith Douglas Homes has a 52 week low of $19.00 and a 52 week high of $39.50. The firm’s 50-day simple moving average is $23.02 and its 200 day simple moving average is $29.89.

Hedge Funds Weigh In On Smith Douglas Homes

Several institutional investors and hedge funds have recently modified their holdings of SDHC. Atria Investments Inc acquired a new position in Smith Douglas Homes in the 3rd quarter valued at $204,000. Victory Capital Management Inc. purchased a new stake in shares of Smith Douglas Homes in the third quarter valued at $349,000. Daiwa Securities Group Inc. increased its stake in Smith Douglas Homes by 31.2% in 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 last quarter. Quantbot Technologies LP lifted its position in Smith Douglas Homes by 287.0% during the third quarter. Quantbot Technologies LP now owns 3,692 shares of the company’s stock worth $139,000 after buying an additional 2,738 shares during the period. Finally, BNP Paribas Financial Markets acquired a new stake in Smith Douglas Homes in the 3rd quarter worth about $591,000.

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.