Wedbush Expects Weaker Earnings for Smith Douglas Homes

Smith Douglas Homes Corp. (NYSE:SDHC) – Equities researchers at Wedbush cut their FY2025 earnings 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 $1.58 per share for the year, down from their prior estimate 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 announced its earnings results on Wednesday, March 12th. The company reported $0.46 EPS for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $287.49 million for the quarter, compared to the consensus estimate of $265.85 million. Smith Douglas Homes had a return on equity of 21.01% and a net margin of 4.60%.

A number of other research firms have also weighed in on SDHC. Wells Fargo & Company lowered their price target on shares of Smith Douglas Homes from $24.00 to $21.00 and set an “equal weight” rating for the company in a report on Thursday. JPMorgan Chase & Co. dropped their target price on Smith Douglas Homes from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Friday, December 13th. Finally, Bank of America downgraded Smith Douglas Homes from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $33.00 to $22.00 in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $24.80.

Smith Douglas Homes Trading Up 2.4 %

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

Institutional Investors Weigh In On Smith Douglas Homes

A number of institutional investors have recently modified their holdings of SDHC. Arcadia Investment Management Corp MI acquired a new stake in shares of Smith Douglas Homes during the 4th quarter valued at approximately $27,000. Quantbot Technologies LP grew its stake in Smith Douglas Homes by 287.0% during the 3rd 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 last quarter. Atria Investments Inc bought a new stake in Smith Douglas Homes in the third quarter valued at $204,000. Trexquant Investment LP acquired a new position in shares of Smith Douglas Homes during the fourth quarter valued at $218,000. Finally, Yorktown Management & Research Co Inc bought a new stake in Smith Douglas Homes in the 4th quarter valued at about $236,000.

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.