Smith Douglas Homes (SDHC) to Release Earnings on Tuesday

Smith Douglas Homes (NYSE:SDHC) will be issuing its quarterly earnings data before the market opens on Tuesday, May 14th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Smith Douglas Homes Trading Down 0.4 %

NYSE SDHC traded down $0.11 on Tuesday, reaching $29.93. 510 shares of the stock were exchanged, compared to its average volume of 163,581. Smith Douglas Homes has a one year low of $23.26 and a one year high of $32.82. The firm’s 50-day moving average price is $29.15.

Wall Street Analysts Forecast Growth

SDHC has been the topic of a number of analyst reports. Wedbush restated a “neutral” rating and set a $23.00 target price on shares of Smith Douglas Homes in a research note on Wednesday, March 20th. Wolfe Research started coverage on shares of Smith Douglas Homes in a report on Monday, February 5th. They set a “peer perform” rating for the company. JPMorgan Chase & Co. started coverage on shares of Smith Douglas Homes in a report on Monday, February 5th. They issued an “overweight” rating and a $31.50 target price on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $26.00 target price on shares of Smith Douglas Homes in a research note on Thursday, March 21st. Finally, Wells Fargo & Company boosted their price target on shares of Smith Douglas Homes from $25.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Friday, March 22nd. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $27.70.

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.