Smith Douglas Homes Stock News

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...

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) will release its results for the fourth quarter of 2024 before the market opens on Wednesday, March 12, 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 ...

A mostly challenging outlook for home builders caused analysts to reshuffle ratings on most of the big names in the sector on Monday.

Smith Douglas Homes Corp (NYSE:SDHC ) Q3 2024 Results Conference Call November 12, 2024 8:30 AM ET Company Participants Joe Thomas - SVP, Accounting & Finance Greg Bennett - Vice Chairman & Chief Executive Officer Russell Devendorf - Chief Financial Officer Conference Call Participants Mike Dahl - RBC Capital Markets Andrew Azzi - J.P. Morgan Sam Reid - Wells Fargo Jay McCanless - Wedbush Secur...

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) today announced third quarter results for the three and nine months ended September 30, 2024. Q3 2024 Results as compared to Q3 2023: Home closings increased 39% to 812 Home closing revenue increased 41% to $277.8 million Home closing gross margin of 26.5% Net new home orders increased 6% to 600 ...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (NYSE: "LDI"), a leading provider of products and services that power the homeownership journey, and Smith Douglas Homes (NYSE: SDHC), the nation's 36th largest new home builderi with a strong presence in America's Southeast and Southern regions, today announced a new joint venture that will provide a smooth and streamli...