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Smith Douglas Homes Corp. - $sdhc STOCK NEWS

Welcome to our dedicated page for Smith Douglas Homes news (Ticker: $sdhc), a resource for investors and traders seeking the latest updates and insights on Smith Douglas Homes stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Smith Douglas Homes's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Smith Douglas Homes's position in the market.

Rhea-AI Summary

Smith Douglas Homes (NYSE: SDHC) affiliates in Atlanta, GA, Charlotte, NC, and Nashville, TN have been honored with GuildQuality's 2024 Guildmaster Award for exceptional customer service in the residential construction industry. Out of 2,000 applicants, Smith Douglas Homes is among the 400+ businesses recognized for superior customer care. The recognition is based on high recommendation rates from customers surveyed by GuildQuality.

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-0.38%
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Rhea-AI Summary

Smith Douglas Homes Corp. (NYSE: SDHC) will release its first-quarter 2024 results on May 14, 2024, followed by a conference call and webcast at 8:30 AM Eastern Time. Interested parties can participate through dial-in numbers or the webcast link on the company's investor relations website.

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-0.38%
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Rhea-AI Summary
Smith Douglas Homes Corp. (NYSE: SDHC) reported positive full-year 2023 results with net new orders increasing by 22.8%, backlog homes by 18.3%, and sales value of backlog homes by 20.1%. Despite a 1.2% revenue increase to $764.6 million, net income decreased by 12.3%. The company had 69 active communities, a cancellation rate of 10.5%, and aims to double home closings in the next five years.
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1.05%
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Smith Douglas Homes Corp. (NYSE: SDHC) will announce its Q4 and full-year 2023 results on March 19, 2024. A conference call is scheduled for March 20, 2024, at 8:30 AM ET to discuss the results.
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1.41%
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Smith Douglas Homes Corp. (SDHC) will participate in the Wolfe Research Housing Conference on March 5, 2024, in New York, NY. The company reported positive net new orders, home closings, and backlog growth compared to the same period last year.
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-4.72%
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Rhea-AI Summary
Smith Douglas Homes Corp. (SDHC) has announced the pricing of its initial public offering of 7,692,308 shares of its Class A common stock at $21.00 per share, with an option for underwriters to purchase an additional 1,153,846 shares. The company's shares are expected to begin trading on the New York Stock Exchange on January 11, 2024, under the ticker symbol 'SDHC.' The offering is expected to close on January 16, 2024. J.P. Morgan, BofA Securities, RBC Capital Markets, Wells Fargo Securities, Wolfe | Nomura Alliance, and Zelman Partners LLC are acting as joint book-running managers for the offering. The registration statement relating to this offering was declared effective by the Securities and Exchange Commission on January 10, 2024.
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Smith Douglas Homes Corp.

NYSE:SDHC

SDHC Rankings

SDHC Stock Data

1.52B
8.84M
3.69%
35.45%
1.42%
Real Estate - Development
Real Estate
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United States of America
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