Smith Douglas Homes (SDHC) Company Overview

BofA Securities analyst Rafe Jadrosich downgraded D.R. Horton, Inc. DHI and Smith Douglas Homes Corp. SDHC, citing a tough outlook for homebuilder stocks as the spring selling season approaches.

Smith Douglas Homes Corp (NYSE:SDHC ) Q3 2024 Results Conference Call November 12, 2024 8:30 AM ET Company Participants Joe Thomas - SVP, Accounting & Finance Greg Bennett - Vice Chairman & Chief Executive Officer Russell Devendorf - Chief Financial Officer Conference Call Participants Mike Dahl - RBC Capital Markets Andrew Azzi - J.P. Morgan Sam Reid - Wells Fargo Jay McCanless - Wedbush Securities Rafe Jadrosich - Bank of America Alex Barron - Housing Research Center Operator Thank you for standing by.

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) (“Smith Douglas” or the “Company”) will release its results for the third quarter of 2024 before the market opens on Tuesday, November 12, 2024. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section of the.

Smith Douglas Homes Corp. (NYSE:SDHC ) Q2 2024 Earnings Conference Call August 14, 2024 8:30 AM ET Company Participants Joe Thomas - SVP, Accounting & Finance Greg Bennett - Vice Chairman & CEO Russ Devendorf - EVP & CFO Conference Call Participants Andrew Azzi - J.P. Morgan Rafe Jadrosich - Bank of America Mike Dahl - RBC Capital Markets Sam Reid - Wells Fargo Jay McCanless - Wedbush Securities.

Smith Douglas Homes Corp. (NYSE: SDHC) Q1 2024 Earnings Conference Call on May 14, 2024 at 8:30 AM ET. Present on the call are Eddy Kleid, VP of Finance, Greg Bennett, Vice Chairman and CEO, and Russ Devendorf, EVP and CFO. Also participating are analysts Sam Reid from Wells Fargo, Rafe Jadrosich from Bank of America, Alex Barron from Housing Research Center, and Jay McCanless from Wedbush. This is Evelyn, your conference operator for today.

ATLANTA--(BUSINESS WIRE)--Smith Douglas Homes Corp. (NYSE: SDHC) today announced that it will participate in the Wolfe Research Housing Conference on March 5, 2024, in New York, NY. Russ Devendorf, Executive Vice President and Chief Financial Officer will host one-on-one meetings with institutional investors throughout the day. Smith Douglas Homes also announced its orders and closings results for the two months ended February 29, 2024. The company reported 484 net new orders, up 13.9% from the.

Smith Douglas Homes has had a successful public debut, with shares priced at the higher end of the offering range as it saw decent opening day returns. The company is one of the fastest growing private homebuilder in the US, offering personalized homes at affordable prices in desirable markets. Smith Douglas Homes operates with an asset-light business model, completing most homes in transactions with land under option, making it a capital-efficient operation.

Smith Douglas Homes Corp priced its initial public offering at the top end of the estimated range on Wednesday, in a bid to raise US$161.5 million. Some 7.7 million shares went for US$21, having been marked as low as US$18, with the float offering a glimmer of positivity after a slow year of market activity.

Smith Douglas Homes Corp. SDHC, +12.38% rose 14% to $23.97 as the first initial public offering of 2024 started trading on the New York Stock Exchange on Thursday. The IPO from the home builder priced at the top of its $18-$21 range in a sign of strength.