Smith Douglas Homes (SDHC) to Release Earnings on Wednesday

Smith Douglas Homes (NYSE:SDHC) is projected to issue its quarterly earnings data before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $265.85 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Smith Douglas Homes Stock Performance

SDHC stock opened at $21.51 on Monday. The company has a 50 day moving average price of $23.50 and a 200 day moving average price of $30.45. Smith Douglas Homes has a fifty-two week low of $19.52 and a fifty-two week high of $39.50.

Analysts Set New Price Targets

SDHC has been the subject of several research analyst reports. Wells Fargo & Company dropped their price objective on shares of Smith Douglas Homes from $33.00 to $24.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Bank of America cut shares of Smith Douglas Homes from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $33.00 to $22.00 in a research report on Monday, January 27th. JPMorgan Chase & Co. dropped their price objective on shares of 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, Wedbush restated a “neutral” rating and issued a $20.00 price objective on shares of Smith Douglas Homes in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $25.40.

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.