Smith Douglas Homes Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $120.8M
- Price
- $13.34
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.89%
- Volume
- 59.9K
About
Smith Douglas Homes Corp. is dedicated to the development, construction, and sale of individual residences throughout the southeastern United States. The company's activities extend to significant metropolitan areas, including Atlanta, Birmingham, Charlotte, Huntsville, Nashville, Raleigh-Durham, and Houston. Additionally, it offers comprehensive property transaction services such as closing, escrow, and title insurance. Established in 2008, its corporate headquarters are located in Woodstock, Georgia.
Quick stats
Shares outstanding8.4M
Computed float7.8M
Float / shares92.7%
Key info
SectorConsumer Cyclical
IndustryResidential Construction
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001982518
Websitehttps://smithdouglas.com
AI Summary
AI-generated1/10
majormixedearnings
Smith Douglas Homes Reports Second Quarter 2026 Results
Smith Douglas reported Q2 revenue of $273 million, up 22% year-over-year, driven by a 25% increase in home closings to 839 units and a 32% rise in net new orders to 970 units.
Despite strong volume growth, profitability suffered as gross margins contracted to 17.6% from 23.2%, and the company recorded $7.6 million in inventory impairment charges, driving EPS down to $0.03 from $0.26 a year ago.
The company repurchased 312,351 shares for $4.4 million during the quarter, while debt-to-book capitalization increased to 13.2% from 9.0% at the end of last year.
Red flags
- Gross margin contracted 560 basis points to 17.6%
- EPS declined 88% year-over-year to $0.03
- Recorded $7.6 million in inventory impairment and lot abandonment charges
- Debt-to-book capitalization increased from 9.0% to 13.2%