Landsea Homes Corp Stock Price, News & Analysis

Landsea Homes (Nasdaq: LSEA) has announced a dollar-for-dollar donation-matching partnership with HomeAid to support Los Angeles wildfire relief efforts. The initiative focuses on providing housing solutions for residents affected by the January wildfires in Alta Dena and Pacific Palisades areas.

HomeAid OCLA is actively developing interim housing solutions, with support from various trade partners including Boise Cascade, Simpson Strong-Tie, Accurate Cleaning Systems, and several others. The partnership aims to help rebuild communities and provide stable housing for affected families.

Donations can be made directly to HomeAid through their website or by texting LandseaHALA25 to 91999. Landsea Homes currently operates in Arizona, California, Colorado, Florida and Texas.

Landsea Homes (Nasdaq: LSEA) has announced key leadership appointments for its Texas operations. Stewart Parker has been named President of the Austin and Dallas-Fort Worth divisions, while Brandon Dickinson and Shawn Jeffcoat join as Vice President of Operations and Vice President of Construction for the Texas Region, respectively.

Parker, who joined in February 2025, brings over 25 years of experience and has overseen the construction of more than 50,000 homes. Dickinson previously served as Director of National Purchasing at Homebound, while Jeffcoat was Senior Director of Operations at Brookfield Homes' Austin Division, where he achieved a 65% increase in operations.

Landsea Homes entered the Texas market in 2021, relocated its corporate headquarters to Dallas in 2023, and established its Dallas-Fort Worth Division through the acquisition of Antares Homes. The company currently sells homes in 24 communities across the Dallas-Fort Worth and Austin markets.

Landsea Homes (Nasdaq: LSEA) has secured 78 homesites in the Moonlight master-planned community in Maricopa, Arizona. The development will offer both single- and two-story homes ranging from 1,332 to 2,624 square feet, with sales launching summer 2025.

The homes will feature High Performance Home technology including Apple Home™ integration, smart home automation, and energy-saving features. Amenities in the 1,500-home community will include a pool and recreational parks.

Located at West Smith Enke Road and North Green Road, Moonlight residents will benefit from:

• Maricopa Unified School District access
• Proximity to Ak-Chin Southern Dunes Golf Club
• Access to Sonoran Desert National Monument trails
• 30-40 minute commute to Phoenix
• Convenient route to Phoenix Sky Harbor International Airport

Landsea Homes (LSEA) has received notice from Mill Road Capital III, L.P. regarding their intention to nominate three director candidates for election to the Company's Board of Directors at the upcoming 2025 Annual Meeting of Stockholders. Mill Road has also shared their perspectives on certain matters with the company.

The Board of Directors and its Nominating and Governance Committee will review Mill Road's proposed nominees following standard evaluation procedures. Landsea Homes will present its formal recommendation regarding director elections in the Company's proxy materials and accompanying WHITE proxy card, which will be filed with the SEC before the 2025 Annual Meeting.

The company emphasizes that stockholders are not required to take any action at this time, as the 2025 Annual Meeting has not yet been scheduled. Landsea Homes states it maintains regular communication with stockholders and welcomes constructive input aimed at creating value for all stockholders.

Landsea Homes (NASDAQ: LSEA) reported strong Q4 and full-year 2024 results, achieving record revenues and deliveries. Q4 highlights include:

- Record home sales revenue of $450.6M
- 937 home closings (up 41%)
- Net new orders of 636 (up 60%)
- Operating cash flow of $47.8M
- Net income of $3.0M ($0.08 per share)

Full-year 2024 performance showed:
- Record total revenue of $1.55B
- 2,831 home deliveries
- Net income of $17.2M ($0.47 per share)
- Year-end book value per share of $18.37

The company maintains a strong balance sheet with $241.8M in total liquidity and 10,944 lots owned or controlled. Looking ahead to 2025, Landsea projects Q1 deliveries of 600-700 homes and full-year deliveries of 3,000-3,400 units.

Landsea Homes (NASDAQ: LSEA) has appointed Stewart Parker as the new President of its Dallas-Fort Worth Division. Parker brings over three decades of homebuilding leadership experience, having overseen the construction of more than 50,000 homes throughout his career.

Prior to joining Landsea, Parker served as National Vice President of Homebuilding Operations at Homebound, where he achieved a ten-fold growth in homebuilding operations and launched five new major markets across three states. He also managed disaster relief projects in Colorado and Florida.

Landsea Homes entered the Texas market in 2021 and relocated its corporate headquarters to Dallas in 2023. The Dallas-Fort Worth Division was established through the acquisition of Antares Homes and currently operates in 24 communities across the Dallas-Fort Worth and Austin regions.

Landsea Homes (LSEA) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Thursday, February 27, 2025. The company will host a conference call the same day at 10:00 AM Eastern Time to discuss the results and conduct a Q&A session.

The conference call will be accessible via toll-free dial-in (800-274-8461) and international dial-in (203-518-9814). A replay will be available through toll-free (844-512-2921) and international (412-317-6671) numbers with replay ID 11158244. The call will also be broadcast live and available for replay on the company's investor relations website.

Landsea Homes (LSEA) announced that Susan E. Lattmann has rejoined its Board of Directors, following Thomas Hartfield's decision not to stand for re-election at the 2025 annual meeting. Lattmann, who previously served on the board from 2022 to 2023, brings over 30 years of executive experience and currently serves as CFO for The Row.

During her prior term, Lattmann made significant contributions to the company's strategy for margin enhancement and profit improvement through cost reductions. Her experience includes more than 23 years at Bed Bath & Beyond in various roles including CFO and CAO. Board Chairman Bruce Frank highlighted Lattmann's Fortune 500 public company CFO experience and expertise in P&L management, M&A, and navigating company growth stages.

Landsea Homes (NASDAQ: LSEA) announced new standard features for its High Performance Home program in 2025. The company introduced the Ecobee smart doorbell camera, which is compatible with Apple Home, Google, and Alexa, providing enhanced security and home monitoring capabilities. The installation will be handled by Best Buy's Geek Squad during smart home activation.

Additional standard features include WaterSense fixtures and energy-efficient windows, designed to reduce monthly utility costs and improve home comfort. These additions align with Landsea's decade-long commitment to sustainable building practices, focusing on reduced environmental impact and resource consumption.