Smith Douglas HomesSDHC
About: Smith Douglas Homes Corp is a company engaged in the design, construction, and sale of single-family homes in some of the highest growth and desirable markets in the Southeastern United States. The company has organized into five geographical segments so their reportable segments include Atlanta, Raleigh, Charlotte, Nashville, and Alabama which consists of both Birmingham and Huntsville.
Employees: 378
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
11% less funds holding
Funds holding: 70 [Q1] → 62 (-8) [Q2]
12.69% less ownership
Funds ownership: 123.57% [Q1] → 110.88% (-12.69%) [Q2]
19% less capital invested
Capital invested by funds: $282M [Q1] → $229M (-$52.8M) [Q2]
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Wells Fargo Sam Reid 86% 1-year accuracy 6 / 7 met price target | 4%upside $40 | Equal-Weight Maintained | 7 Oct 2024 |
B of A Securities Rafe Jadrosich 38% 1-year accuracy 5 / 13 met price target | 4%upside $40 | Neutral Maintained | 19 Sept 2024 |
B of A Securities Rafe Jadrosich 38% 1-year accuracy 5 / 13 met price target | 6%downside $36 | Neutral Maintained | 15 Aug 2024 |
RBC Capital Mike Dahl 55% 1-year accuracy 26 / 47 met price target | 32%downside $26 | Sector Perform Reiterated | 15 Aug 2024 |
Wells Fargo Sam Reid 86% 1-year accuracy 6 / 7 met price target | 9%downside $35 | Equal-Weight Maintained | 15 Aug 2024 |