Smith Douglas Homes Stock News

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) today announced that its Board of Directors has authorized a stock repurchase program for up to $50.0 million of the Company's Class A common stock. “This repurchase authorization underscores the Board and Management's belief that at times our share price may be undervalued relative to our long-t...

I downgrade SDHC to a sell as demand weakens, backlog erodes, and management pulls FY25 guidance amid growing uncertainty. Margin deterioration is accelerating due to heavy reliance on incentives and rising land costs, with no clear path to recovery. Despite headline revenue growth, underlying profitability is unsustainable as SDHC sacrifices margins to preserve volume.

Smith Douglas Homes Corp. (NYSE:SDHC ) Q1 2025 Earnings Conference Call May 14, 2025 8:30 AM ET Company Participants Joe Thomas - Senior Vice President, Accounting and Finance Greg Bennett - Vice Chairman and CEO Russ Devendorf - Executive Vice President and CFO Conference Call Participants Alex Isaac - JPMorgan Stephen Mea - RBC Capital Markets Jay McCanless - Wedbush Rafe Jadrosich - Bank of ...

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) today announced first quarter results for the three months ended March 31, 2025. Q1 2025 Results as compared to Q1 2024: Home closings increased 19% to 671 Home closing revenue increased 19% to $224.7 million Home closing gross margin of 23.8% compared to 26.1% Net new home orders of 768 compared...

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) will release its results for the first quarter of 2025 before the market opens on Wednesday, May 14, 2025. The Company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the num...

I downgrade Smith Douglas Homes Corp. to a hold rating due to worsening macroeconomic conditions and deteriorating fundamentals. Despite strong 4Q24 home closings, rising mortgage rates and land costs are negatively impacting SDHC's earnings growth outlook. SDHC's heavy use of incentives to capture demand is compressing margins, and affordability constraints are limiting effective demand.

Smith Douglas Homes Corp. (NYSE:SDHC ) Q4 2024 Earnings Conference Call March 12, 2025 8:30 AM ET Company Participants Joe Thomas - Senior Vice President, Accounting & Finance Greg Bennett - Vice Chairman & Chief Executive Officer Russ Devendorf - Executive Vice President & Chief Financial Officer Conference Call Participants Andrew Ozzie - JPMorgan Sam Reid - Wells Fargo Trevor Allinson - Wolf...

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) today announced results for the fourth quarter and year ended December 31, 2024. Q4 2024 Results as compared to Q4 2023: Home closings increased 28% to 836 Home closing revenue increased 32% to $287.5 million Home closing gross margin of 25.5% compared to 26.7% Net new home orders increased 9% to...