Smith Douglas Homes Corp. (NYSE:SDHC) Short Interest Update (2025)

Smith Douglas Homes Corp. (NYSE:SDHC – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 527,800 shares, a drop of 30.6% from the August 31st total of 760,100 shares. Based on an average daily trading volume, of 158,200 shares, the short-interest ratio is presently 3.3 days. Currently, 6.2% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SDHC. Wells Fargo & Company lifted their price objective on shares of Smith Douglas Homes from $25.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 15th. Wedbush reissued a “neutral” rating and issued a $20.00 price target on shares of Smith Douglas Homes in a report on Wednesday, August 14th. Bank of America upped their price objective on shares of Smith Douglas Homes from $36.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday, September 19th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $26.00 target price on shares of Smith Douglas Homes in a report on Thursday, August 15th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Smith Douglas Homes has a consensus rating of “Hold” and a consensus target price of $30.50.

View Our Latest Stock Report on Smith Douglas Homes

Hedge Funds Weigh In On Smith Douglas Homes

Hedge funds have recently modified their holdings of the stock. SYSTM Wealth Solutions LLC acquired a new position in shares of Smith Douglas Homes during the 1st quarter worth about $76,000. RiverPark Advisors LLC bought a new position in shares of Smith Douglas Homes during the 2nd quarter worth approximately $120,000. Sandia Investment Management LP bought a new position in shares of Smith Douglas Homes during the 1st quarter worth approximately $178,000. Azzad Asset Management Inc. ADV acquired a new position in shares of Smith Douglas Homes during the 1st quarter worth approximately $331,000. Finally, Teachers Retirement System of The State of Kentucky bought a new stake in Smith Douglas Homes in the 1st quarter valued at $565,000.

Smith Douglas Homes Trading Up 3.8 %

SDHC traded up $1.34 during trading on Friday, hitting $36.90. The company had a trading volume of 124,879 shares, compared to its average volume of 134,999. Smith Douglas Homes has a one year low of $20.55 and a one year high of $39.50. The firm’s 50-day moving average price is $34.21 and its 200 day moving average price is $29.39.

Smith Douglas Homes (NYSE:SDHC – Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.03. The business had revenue of $220.90 million during the quarter, compared to analyst estimates of $208.02 million. The company’s revenue was up 21.7% compared to the same quarter last year. As a group, research analysts anticipate that Smith Douglas Homes will post 1.66 EPS for the current fiscal year.

About Smith Douglas Homes

(Get Free Report)

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.

Featured Articles

• Five stocks we like better than Smith Douglas Homes
• What is the Nikkei 225 index?
• Can Costco Stock Hit New Highs as Interest Rates Drop?
• 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
• These 3 Stocks Show How to Navigate Declining Consumer Confidence
• 3 Home Improvement Stocks that Can Upgrade Your Portfolio
• MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?

Receive News & Ratings for Smith Douglas Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smith Douglas Homes and related companies with MarketBeat.com's FREE daily email newsletter.