Company Description
Smith Douglas Homes Corp. builds and sells single-family homes in communities across selected markets in the southeastern and southern United States. The company targets entry-level, first-time and empty-nest homebuyers, with communities generally positioned around attainable new-home pricing, including homes priced below the Federal Housing Administration loan limit in its stated markets. Smith Douglas Homes trades on the New York Stock Exchange under the symbol SDHC and completed its initial public offering in January 2024.
The company’s homebuilding model centers on community-level sales, home starts, construction cycle management and home closings. Revenue is generated primarily when completed homes are delivered to buyers. Management describes the operating approach as asset-light or land-light, with disciplined land investment, quick inventory turns and efficient build times. The model is designed around producing new homes at prices aimed at buyers seeking affordability, personalization and new-construction features in growing Southern housing markets.
Smith Douglas Homes operates through geographic homebuilding divisions in metropolitan and regional markets that include Atlanta, Birmingham, Central Georgia, Charlotte, Chattanooga, Dallas-Fort Worth, Greenville, Houston, Huntsville, Nashville, Raleigh and the Alabama Gulf Coast. Its operations have been organized into two reportable segments, Southeast and Central, reflecting the company’s regional division structure. The Southeast grouping has included markets such as Atlanta, Central Georgia, Charlotte, Greenville and Raleigh, while the Central grouping has included Alabama, Dallas-Fort Worth, Houston, Nashville and Alabama Gulf Coast operations.
The company’s recurring operating measures include home closings, home closing revenue, home closing gross margin, net new home orders, backlog homes, pricing, incentives and construction cycle performance. Its public disclosures also describe expansion across existing and newer markets, including the scaling of divisions in Southern metropolitan areas. Corporate updates have covered leadership roles tied to regional oversight, division management and enterprise technology functions that support the company’s homebuilding platform.
Smith Douglas Homes is headquartered in Atlanta, Georgia. As a public homebuilder, the company’s durable business identity is tied to single-family residential construction, community development, new-home sales and the management of land positions and construction operations across its Southern U.S. footprint.
Stock Performance
SMITH DOUGLAS HOMES (SDHC) stock last traded at $13.73, down 1.60% from the previous close. Over the past 12 months, the stock has lost 30.4%, ranking #1,724 in 52-week price change. At a market capitalization of $108.3M, SDHC is classified as a micro-cap stock with approximately 50.8M shares outstanding.
SDHC Rankings
Latest News
SMITH DOUGLAS HOMES has 10 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 7 with negative movement. Key topics include earnings. View all SDHC news →
SEC Filings
SMITH DOUGLAS HOMES has filed 5 recent SEC filings, including 4 Form 4, 1 Form 8-K. The most recent filing was submitted on June 10, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SDHC SEC filings →
Insider Radar
Insider buying activity at SMITH DOUGLAS HOMES over the past 90 days may reflect management confidence in the company's direction. Institutional investors and analysts often monitor insider purchases as a potential bullish indicator for the stock.
Financial Highlights
SMITH DOUGLAS HOMES generated $971.1M in revenue over the trailing twelve months, retaining a 21.9% gross margin, and net income was $10.7M, reflecting a 1.1% net profit margin. Diluted earnings per share stood at $1.19. The company generated -$31.3M in operating cash flow.
Upcoming Events
Short Interest History
Short interest in SMITH DOUGLAS HOMES (SDHC) currently stands at 1.1 million shares, down 5.3% from the previous reporting period, representing 13.3% of the float. Over the past 12 months, short interest has increased by 103.4%. This moderate level of short interest indicates notable bearish positioning. With 13.1 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.
Days to Cover History
Days to cover for SMITH DOUGLAS HOMES (SDHC) currently stands at 13.1 days, up 52.9% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has increased 184.8% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 3.6 to 13.1 days.
SDHC Company Profile & Sector Positioning
SMITH DOUGLAS HOMES (SDHC) operates in the Real Estate - Development industry within the broader Operative Builders sector and is listed on the NYSE. In monthly performance, the stock ranks #1,096 among all tracked companies.
Investors comparing SDHC often look at related companies in the same sector, including Five Point Holdi (FPH), Sky Harbour Group (SKYH), Forestar Group Inc (FOR), Century Communit (CCS), and Vesta Real Estate Corporation (VTMX). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate SDHC's relative position within its industry.