Based on ratings from 5 stock analysts, the Landsea Homes Corporation stock price is expected to increase by 33.42% in 12 months. This is calculated by using the average 12-month stock price forecast for Landsea Homes Corporation. The lowest target is $12 and the highest is $18. Please note analyst price targets are not guaranteed and could be missed completely.
Landsea Homes Corporation has a total of 5 Wall St Analyst ratings. There are 3 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Landsea Homes Corporation will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of LSEA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Alex Rygiel B. Riley Securities | Buy | $18 | Reiterates | Nov 5, 2024 |
Tyler Batory Oppenheimer | Outperform | $15 | Maintains | Aug 5, 2024 |
Matthew Bouley Barclays | Equal-Weight | $12 | Maintains | Aug 2, 2024 |
Jay McCanless Wedbush | Outperform | $17 | Maintains | Aug 2, 2024 |
Matthew Bouley Barclays | Equal-Weight | $10 | Maintains | Jul 12, 2024 |
Tyler Batory Oppenheimer | Outperform | $14 | Initiates | May 31, 2024 |
Matthew Bouley Barclays | Equal-Weight | $11 | Maintains | May 2, 2024 |
Jay McCanless Wedbush | Outperform | $16 | Reiterates | May 1, 2024 |
Matthew Bouley Barclays | Equal-Weight | $14 | Maintains | Mar 5, 2024 |
Jay McCanless Wedbush | Outperform | $16 | Reiterates | Mar 1, 2024 |
Matthew Bouley Barclays | Equal-Weight | $9 | Maintains | Oct 12, 2023 |
Alex Rygiel B. Riley Securities | Buy | $14 | Maintains | Aug 2, 2023 |
Jay McCanless Wedbush | Outperform | $16 | Reiterates | Aug 2, 2023 |
Matthew Bouley Barclays | Equal-Weight | $12 | Maintains | Aug 2, 2023 |
Jay McCanless Wedbush | Outperform | $16 | Reiterates | Aug 1, 2023 |
Matthew Bouley Barclays | Equal-Weight | $9 | Maintains | Jul 13, 2023 |
Jay McCanless Wedbush | Outperform | $16 | Reiterates | Jun 23, 2023 |
Alex Rygiel B. Riley Securities | Buy | $12 | Maintains | Jun 20, 2023 |
Matthew Bouley Barclays | Equal-Weight | $8 | Maintains | May 24, 2023 |
Alex Rygiel B. Riley Securities | Buy | $8 | Maintains | Jan 20, 2023 |
When did it IPO
2018
Staff Count
497
Country
United States
Sector/Industry
Real Estate/Real Estate - Development
CEO
Mr. John Ho
Market Cap
$396.6M
In 2023, LSEA generated $1.21B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LSEA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Landsea Homes has signed a long-term lease for 14,725 sq. ft. in Irving, Texas, as its Dallas-Fort Worth division headquarters, with move-in expected in Spring 2025.
Why It Matters - Landsea Homes' new headquarters reflects growth in the Dallas-Fort Worth market, signaling potential revenue increases and operational expansion, which may positively influence stock performance.
Summary - Landsea Homes Corporation (NASDAQ: LSEA) will present at the Southwest IDEAS Investor Conference on November 21, 2024, at 11:30 AM CT. The presentation will be webcast and available for replay.
Why It Matters - Landsea Homes' participation in a significant investor conference highlights its commitment to transparency and investor relations, potentially influencing investor confidence and stock performance.
Summary - Landsea Homes Corp. (NASDAQ:LSEA) will hold its Q3 2024 Earnings Conference Call on November 4, 2024, at 10:00 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call provides insights into Landsea Homes' financial performance, strategic direction, and market outlook, influencing investor sentiment and stock valuation.
Summary - Landsea Homes reported Q3 2024 net income of $11.1 million ($0.30/share), up from $8.6 million last year. Adjusted net income was $15.9 million with a gross margin of 22.8%.
Why It Matters - Landsea Homes reported strong Q3 results with increased net income and earnings per share, indicating growth. However, a decline in adjusted gross margin might raise concerns about future profitability.
Summary - Landsea (LSEA) reported revenue and EPS for Q3 2024, highlighting performance metrics relative to Wall Street estimates and year-ago figures.
Why It Matters - Comparing Landsea's revenue and EPS with Wall Street estimates and prior year figures helps gauge performance trends, potentially influencing stock valuation and investor sentiment.
Summary - Landsea Homes (LSEA) reported quarterly earnings of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.15 and up from $0.30 per share year-over-year.
Why It Matters - Landsea Homes' earnings beat expectations and show year-over-year growth, indicating strong performance and potentially boosting investor confidence and stock value.