What is B. Riley’s Estimate for Landsea Homes Q4 Earnings?

Landsea Homes Co. (NASDAQ:LSEA) – Research analysts at B. Riley decreased their Q4 2024 earnings estimates for Landsea Homes in a research note issued on Tuesday, November 5th. B. Riley analyst A. Rygiel now forecasts that the company will earn $0.59 per share for the quarter, down from their previous forecast of $0.86. B. Riley currently has a “Buy” rating and a $18.00 target price on the stock. The consensus estimate for Landsea Homes’ current full-year earnings is $1.45 per share. B. Riley also issued estimates for Landsea Homes’ FY2025 earnings at $2.19 EPS.

LSEA has been the subject of several other reports. Barclays boosted their price target on Landsea Homes from $10.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Oppenheimer increased their target price on Landsea Homes from $14.00 to $15.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Finally, Wedbush lifted their price target on Landsea Homes from $16.00 to $17.00 and gave the company an “outperform” rating in a report on Friday, August 2nd.

Landsea Homes Trading Down 0.7 %

Shares of LSEA stock opened at $11.04 on Thursday. The company has a market capitalization of $400.56 million, a price-to-earnings ratio of 15.44, a PEG ratio of 0.81 and a beta of 1.13. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.79. The firm has a 50-day moving average price of $11.85 and a 200 day moving average price of $10.93. Landsea Homes has a twelve month low of $8.28 and a twelve month high of $14.91.

Insider Activity

In other Landsea Homes news, Director Elias Farhat sold 60,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $12.07, for a total transaction of $724,200.00. Following the completion of the sale, the director now directly owns 272,685 shares in the company, valued at $3,291,307.95. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 51.00% of the company’s stock.

Institutional Investors Weigh In On Landsea Homes

Institutional investors have recently bought and sold shares of the business. Gladius Capital Management LP acquired a new position in shares of Landsea Homes during the 3rd quarter valued at $32,000. Signaturefd LLC acquired a new position in shares of Landsea Homes during the second quarter worth about $28,000. Point72 Asset Management L.P. acquired a new position in shares of Landsea Homes during the second quarter worth about $31,000. Byrne Asset Management LLC purchased a new stake in shares of Landsea Homes in the second quarter worth about $32,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Landsea Homes in the third quarter valued at about $125,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Landsea Homes Company Profile

Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities.