Harbor Custom Development (NASDAQ:HCDI – Get Rating) is one of 21 publicly-traded companies in the “Operative builders” industry, but how does it contrast to its peers? We will compare Harbor Custom Development to related businesses based on the strength of its earnings, dividends, risk, analyst recommendations, institutional ownership, profitability and valuation.
Volatility and Risk
Harbor Custom Development has a beta of 0.4, indicating that its stock price is 60% less volatile than the S&P 500. Comparatively, Harbor Custom Development’s peers have a beta of 2.32, indicating that their average stock price is 132% more volatile than the S&P 500.
10.6% of Harbor Custom Development shares are owned by institutional investors. Comparatively, 75.6% of shares of all “Operative builders” companies are owned by institutional investors. 20.6% of Harbor Custom Development shares are owned by company insiders. Comparatively, 18.1% of shares of all “Operative builders” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Earnings and Valuation
This table compares Harbor Custom Development and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Harbor Custom Development||$72.35 million||$8.86 million||6.79|
|Harbor Custom Development Competitors||$5.49 billion||$684.36 million||7.48|
Harbor Custom Development’s peers have higher revenue and earnings than Harbor Custom Development. Harbor Custom Development is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
This table compares Harbor Custom Development and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Harbor Custom Development||12.24%||27.49%||7.64%|
|Harbor Custom Development Competitors||11.33%||150.74%||11.94%|
This is a summary of current recommendations for Harbor Custom Development and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Harbor Custom Development||0||0||0||0||N/A|
|Harbor Custom Development Competitors||389||1524||1381||89||2.35|
As a group, “Operative builders” companies have a potential upside of 18.32%. Given Harbor Custom Development’s peers higher probable upside, analysts plainly believe Harbor Custom Development has less favorable growth aspects than its peers.
Harbor Custom Development peers beat Harbor Custom Development on 8 of the 10 factors compared.
About Harbor Custom Development (Get Rating)
Harbor Custom Development, Inc. engages in the real estate development business in Western Washington's Puget Sound region; Austin, Texas; Sacramento, California; and Punta Gorda, Florida. The company is involved in the land development cycle activities, including land acquisition, entitlements, construction of project infrastructure, home building, marketing, sale, and management of various residential projects. It undertakes projects, such as residential lots, home communities, and single family and multi-family properties. The company was formerly known as Harbor Custom Homes, Inc. and changed its name to Harbor Custom Development, Inc. in August 2019. Harbor Custom Development, Inc. was incorporated in 2014 and is headquartered in Gig Harbor, Washington.
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