Smith Douglas Homes’ (SDHC) “Neutral” Rating Reiterated at Wedbush

Wedbush reissued their neutral rating on shares of Smith Douglas Homes (NYSE:SDHC) in a report published on Wednesday,RTT News reports. Wedbush currently has a $18.00 price target on the stock. Wedbush also issued estimates for Smith Douglas Homes’ Q2 2025 earnings at $0.27 EPS, Q4 2025 earnings at $0.53 EPS, FY2025 earnings at $1.57 EPS, Q2 2026 earnings at $0.35 EPS and Q3 2026 earnings at $0.39 EPS.

SDHC has been the subject of several other reports. Wells Fargo & Company reduced their target price on Smith Douglas Homes from $21.00 to $20.00 and set an “equal weight” rating for the company in a report on Monday, April 14th. Bank of America cut shares of Smith Douglas Homes from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $33.00 to $22.00 in a research note on Monday, January 27th. One equities research 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, Smith Douglas Homes presently has an average rating of “Hold” and a consensus target price of $24.20.

Smith Douglas Homes Stock Up 7.0%

Shares of Smith Douglas Homes stock opened at $19.68 on Wednesday. Smith Douglas Homes has a 52-week low of $17.03 and a 52-week high of $39.50. The company has a 50 day moving average of $19.38 and a 200 day moving average of $24.58. The company has a market capitalization of $1.01 billion, a P/E ratio of 11.37, a P/E/G ratio of 6.87 and a beta of 1.28.

Smith Douglas Homes (NYSE:SDHC) last announced its quarterly earnings results on Wednesday, March 12th. The company reported $0.46 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.46. The company had revenue of $287.49 million during 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%. As a group, research analysts anticipate that Smith Douglas Homes will post 1.73 earnings per share for the current fiscal year.

Institutional Trading of Smith Douglas Homes

Hedge funds have recently made changes to their positions in the company. Arcadia Investment Management Corp MI purchased a new stake in Smith Douglas Homes in the 4th quarter valued at approximately $27,000. M&T Bank Corp boosted its holdings in Smith Douglas Homes by 8.4% during the first quarter. M&T Bank Corp now owns 11,001 shares of the company’s stock worth $215,000 after buying an additional 848 shares in the last quarter. Trexquant Investment LP purchased a new position in Smith Douglas Homes in the fourth quarter valued at about $218,000. Yorktown Management & Research Co Inc acquired a new stake in shares of Smith Douglas Homes in the 4th quarter worth approximately $236,000. Finally, PDT Partners LLC boosted its position in Smith Douglas Homes by 10.7% during the first quarter. PDT Partners LLC now owns 13,988 shares of the company’s stock worth $273,000 after purchasing an additional 1,349 shares in the last quarter.

About Smith Douglas Homes

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.