Smith Douglas Homes Corp. (SDHC)
Consumer Discretionary · Residential Construction · NYSE
An efficient, land-light production homebuilder serving entry-level and empty-nest buyers across the Southeastern and Southern U.S. using a high-turnover, schedule-driven construction model.
What Smith Douglas Homes Corp. does
Smith Douglas Homes is a homebuilder focused on the design, construction, and sale of single-family homes, primarily targeting entry-level and empty-nest homebuyers in the Southeastern and Southern United States. The company utilizes a land-light business model, controlling the vast majority of its building lots through option contracts to reduce capital requirements and financial risk. Its operations are characterized by a highly efficient, schedule-driven production process called Rteam, which leverages a proprietary ERP system to achieve rapid construction cycle times and high inventory turnover.
Recent developments
The company has continued its expansion strategy, growing its active community count to 110 as of June 30, 2026. Financial results for the second quarter of 2026 show home closing revenue growth of 22% year-over-year, driven by a 25% increase in homes closed.
From Smith Douglas Homes Corp.'s filing of 2026-08-06.
Themes: entry-level housing, homebuilding efficiency, land-light business model, US housing market, construction technology
Fundamentals
- Price$10.00 as of 2026-10-20 close
- Market cap$508M as of 2026-07-31 (share count; price 2026-10-20)
- 1-year return-39.6% 2025-10-20 close $16.55 → 2026-10-20 close $10.00
- P/E13.70 as of 2026-10-20
- Net margin+1.1% FY2025, SEC XBRL
- Gross margin+21.8% FY2025, SEC XBRL
- ROE+2.4% FY2025, SEC XBRL
- ROICn/a No figure: its filing tags none of the debt lines we read, which is not evidence of zero debt.
- Debt / equityn/a No figure: its filing tags none of the debt lines we read, which is not evidence of zero debt.
- Revenue growth (YoY)-0.5% FY2025, SEC XBRL
- Revenue CAGR (3y)+12.7% SEC XBRL
- Beta0.90 as of 2026-09-02
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How SDHC compares in its sector
- price-to-earnings ratiomiddle range 245 covered Consumer Discretionary peers, as of 2026-10-20
- net profit marginmiddle range 315 covered Consumer Discretionary peers, as of 2026-09-02
- gross marginbottom 25% 191 covered Consumer Discretionary peers, as of 2026-09-02
- return on equitymiddle range 294 covered Consumer Discretionary peers, as of 2026-09-02
- 3-year revenue CAGRtop 25% 327 covered Consumer Discretionary peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Quarterly results
| Quarter | Revenue | Gross profit | Net income | Diluted EPS | Operating cash flow | Capex |
|---|---|---|---|---|---|---|
| Q2 FY2026 2026-06-30 | $273M | $48M | $246000 | $0.03 | $5M† | $599000† |
| Q1 FY2026 2026-03-31 | $206M | $40M | $565000 | $0.06 | $338000 | $540000 |
| Q4 FY2025 2025-12-31 | $260M† | $52M† | $4M† | $0.41† | $10M† | $1M† |
| Q3 FY2025 2025-09-30 | $262M | $55M | $2M | $0.24 | $23M† | $1M† |
| Q2 FY2025 2025-06-30 | $224M | $52M | $2M | $0.26 | -$29M† | $2M† |
| Q1 FY2025 2025-03-31 | $225M | $54M | $3M | $0.30 | -$35M | $1M |
| Q4 FY2024 2024-12-31 | $287M† | $73M† | $4M† | $0.51† | $5M† | $676000† |
| Q3 FY2024 2024-09-30 | $278M | $74M | $5M | $0.58 | $23M† | $638000† |
† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.
Balance sheet at 2026-06-30
- Cash and equivalents$14M
- Total debtnot shown the filing tags none of the debt lines we read — not evidence of zero debt
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How Smith Douglas Homes Corp. looks technically
Smith Douglas Homes Corp. (SDHC) is trading 28.9% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 159 trading days ago — a "death cross", a bearish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 7 trading days ago. It is 3.0% above its 52-week low (its lowest price of the past year). Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 28.9% below its 200-day average, the long-term trend line — a long-term downtrend | -28.9% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $11.17 | $11.17 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $14.06 | $14.06 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 18 calendar days ago — the swings before that are what the structure reading is measured on | 18 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 10.88. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible downward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 159 trading days ago — a "death cross", a bearish long-term signal | 159 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend) | 20.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30) | 42.6 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($9.71 to $10.88) — its "stochastic" reading is 25 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 24.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 21 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $23.49 | $23.49 |
|---|---|---|
| From the 52-week high | it is 57.4% below its 52-week high (its highest price of the past year) | -57.4% |
| Above the 52-week low | it is 3.0% above its 52-week low (its lowest price of the past year) | +3.0% |
| Below the 52-week high | it is 57.4% below its highest point of the past year | 57.4% |
| Since a 20-day breakout | it made a new 20-day low about 7 trading days ago | 7 sessions |
| Since a 55-day breakout | it made a new 55-day low about 7 trading days ago | 7 sessions |
| All-time high | its highest closing price on record is $39.50 (set on 2024-09-18) | $39.50 |
| Given back of the 52-week move | over the past year its closes ranged ($9.75 to $22.16), and it has recovered only a small part of its fall from last year’s high — 2% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $17.42 to $17.82. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 2.0% |
| From the all-time high | it is 74.7% below its all-time high | -74.7% |
| Nearest price level | it is trading 7.1% below a resistance level at $10.71 — a price it turned at twice since 2026-05-20, most recently on 2026-09-24. Since 2024-10-21 it has 0 such levels below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +7.1% |
| All-time low | its lowest closing price on record is $9.71 (set on 2026-10-14) | $9.71 |
| Above the all-time low | it is 3.0% above its all-time low | +3.0% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move | 2nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.4935 between its high and its low — about 4.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.4935 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $9.75 and $10.54 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $9.75 – $10.15 – $10.54 |
| Typical daily range (% of price) | its price moves about 4.9% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.9% |
| Stretch from the 200-day average | it is trading 8.2 daily ranges below its 200-day average price (28.9% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 8.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.61× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 23.1% since the prior reading | -23.1% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|---|---|
| Since a bullish engulfing | 8 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 8 sessions ago |
Price gaps
2
| Open gap | it gapped 4.6% below the previous close 52 sessions ago and has not traded back through the level it left behind at 15.55 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -4.6% |
|---|---|---|
| Gap filled | a 2.4% gap up opened on 2026-09-17 has been "filled" 23 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 23 sessions ago |
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 1.4 percentage points (the stock lost 0.4% while the market gained 1.0%) | -1.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 35.4 percentage points (the stock lost 31.7% while the market gained 3.6%) | -35.4% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 41.1 percentage points (the stock lost 32.6% while the market gained 8.5%) | -41.1% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 54.1 percentage points (the stock lost 39.6% while the market gained 14.6%) | -54.1% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 15% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-14 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 13.7% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -15.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 27% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $13.71 — a volume-weighted average of daily closes over 195 sessions, not a true tick-by-tick VWAP. | -27.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 12% below the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is under water. That average is $11.34 — a volume-weighted average of daily closes over 53 sessions, not a true tick-by-tick VWAP. | -11.8% |
Price levels it has turned at before
SDHC last closed at $10.00 on 2026-10-20. Since 2024-10-21 it has turned at 0 prices below its last close and 13 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $10.71 | Resistance | 7.1% above the last close | turned there twice · 2026-05-20 to 2026-09-24 |
| $11.19 | Resistance | 11.9% above the last close | turned there twice · 2026-03-12 to 2026-03-20 |
| $15.45 | Resistance | 54.5% above the last close | turned there twice · 2026-04-10 to 2026-04-21 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes above $10.88.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $7.96 and $9.07 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $10.88.
This reading has stood for 14 trading days, since 2026-10-01.
Read from daily closes as of 2026-10-20.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Trading below the 50-day moving average · Near the 52-week low · Pulled back from the 12-month high · in a Bollinger Band volatility squeeze · Analyst price target recently CUT | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-10-20. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (3.17 mean, 1=Strong Buy…5=Strong Sell) — 3 analysts
- Mean price target$10.00 range $10.00 – $10.00
Analyst estimates, as of 2026-10-19. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for SDHC
- Consensus EPS estimate$0.08667 next reporting period, as of 2026-10-19
- Estimate change, 30 days-$0.00333 from $0.09, on 2026-09-14, 35-day window
- Readings revised upward0% of 10 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High geographic concentration in specific regions exposes the company to localized market downturns.","Reliance on land-option contracts means the company's growth is dependent on the availability and terms of third-party land supply.","Inflationary pressures on land, labor, and materials can compress profit margins if not offset by sales price increases."]
What changed in the latest 10-Q
AI-assisted comparison of SDHC's 10-Q filed 2026-04-30 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Reworded:
- Reference date changed from 'October 31, 2025' to 'April 24, 2026' (filed 2026-04-30)
- Smith Douglas Homes Corp. LLC Interests ownership changed from '9,017,638' to '9,109,212' (filed 2026-04-30)
- Smith Douglas Homes Corp. economic interest percentage changed from 'approximately 17.5%' to 'approximately 17.7%' (filed 2026-04-30)
- Continuing Equity Owners' economic interest percentage changed from 'approximately 82.5%' to 'approximately 82.3%' (filed 2026-04-30)
- Class A stockholders description changed from 'purchasers in the IPO own' to 'Class A stockholders own' (filed 2026-04-30)
- Class A common stock share count changed from '9,017,638 shares' to '8,347,257 shares' (filed 2026-04-30)
- Class A stockholders voting power percentage changed from 'approximately 2.1%' to 'approximately 1.9%' (filed 2026-04-30)
- Notes:
- The newer filing represents a more recent snapshot (April 24, 2026) compared to the older filing (October 31, 2025), reflecting changes in share ownership and economic interests over time
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
5 open-market purchases and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-16. The 5 days since 2026-10-16 have not been checked yet.
- Last 90 days · read to 2026-10-165 buys ($248239) · 0 sells — 3 buying insiders
- Last 180 days · read to 2026-10-166 buys ($269999) · 0 sells — 3 buying insiders
Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of SDHC within a 30-day window between 2026-08-20 and 2026-09-10. Disclosed Form 4 activity, not a prediction of performance or a buy signal.
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-10. Based on Form 4 filings read through 2026-10-16; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SDHC's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding SDHC as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 306,279
- Reported value $4,759,578
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about SDHC's institutional holders → See what each manager we track holds →
Short interest (FINRA)
SDHC had 981,184 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for SDHC because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 981,184
- Prior settlement (shares) 971,821
- Reported change 0.96%
- Days to cover (reported) 22.54
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- D.R. Horton (DHI)
- Lennar (LEN)
- PulteGroup (PHM)
- NVR (NVR)
- Taylor Morrison Home (TMHC)
- Meritage Homes (MTH)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare SDHC vs…
Frequently asked questions
What does Smith Douglas Homes Corp. (SDHC) do?
Smith Douglas Homes is a homebuilder focused on the design, construction, and sale of single-family homes, primarily targeting entry-level and empty-nest homebuyers in the Southeastern and Southern United States. The company utilizes a land-light business model, controlling the vast majority of its building lots through option contracts to reduce capital requirements and financial risk.
What sector is Smith Douglas Homes Corp. (SDHC) in?
Smith Douglas Homes Corp. (SDHC) is classified in the Consumer Discretionary sector. Its industry is Residential Construction. It trades on NYSE.
Who are Smith Douglas Homes Corp.'s (SDHC) competitors?
Notable peers of Smith Douglas Homes Corp. (SDHC) include D.R. Horton, Lennar, PulteGroup, NVR and Taylor Morrison Home. This peer set is informational only — not financial advice.
Is Smith Douglas Homes Corp. (SDHC) overbought or oversold right now?
Smith Douglas Homes Corp. (SDHC) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 43, in the neutral middle (as of 2026-10-20). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SDHC come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-20.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.