Wedbush Has Negative Forecast for SDHC FY2025 Earnings

Smith Douglas Homes Corp. (NYSE:SDHC) – Equities researchers at Wedbush dropped their FY2025 earnings per share estimates for Smith Douglas Homes in a research report issued to clients and investors on Wednesday, March 12th. Wedbush analyst J. Mccanless now forecasts 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 quarterly earnings results on Wednesday, March 12th. The company reported $0.46 EPS for the quarter, meeting 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 company had revenue of $287.49 million during the quarter, compared to analyst estimates of $265.85 million.

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

Smith Douglas Homes Stock Performance

Shares of NYSE SDHC opened at $19.54 on Monday. The business’s 50 day moving average price is $22.85 and its 200-day moving average price is $29.64. Smith Douglas Homes has a fifty-two week low of $18.88 and a fifty-two week high of $39.50. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 6.87 and a beta of 1.44.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Wasatch Advisors LP lifted its stake in Smith Douglas Homes by 438.9% during the fourth quarter. Wasatch Advisors LP now owns 1,156,019 shares of the company’s stock worth $29,640,000 after purchasing an additional 941,511 shares in the last quarter. Beck Mack & Oliver LLC increased its holdings in Smith Douglas Homes by 58.1% in the fourth quarter. Beck Mack & Oliver LLC now owns 699,430 shares of the company’s stock valued at $17,933,000 after buying an additional 256,950 shares during the last quarter. First Eagle Investment Management LLC increased its holdings in Smith Douglas Homes by 52.8% in the fourth quarter. First Eagle Investment Management LLC now owns 148,882 shares of the company’s stock valued at $3,817,000 after buying an additional 51,419 shares during the last quarter. Artisan Partners Limited Partnership grew its holdings in shares of Smith Douglas Homes by 4.6% during the fourth quarter. Artisan Partners Limited Partnership now owns 813,082 shares of the company’s stock worth $20,847,000 after purchasing an additional 35,702 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Smith Douglas Homes by 31.9% during the fourth quarter. Renaissance Technologies LLC now owns 99,200 shares of the company’s stock worth $2,543,000 after purchasing an additional 24,000 shares during 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.