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Smith Douglas Homes Corp.

19.45

-0.3000-1.52%

Post-market: 19.450.00000.00%16:05 EDT

Volume:21.65K

Turnover:418.21K

Market Cap:174.88M

PE:10.75

High:19.68

Open:19.68

Low:18.76

Close:19.75

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Overview Company News Filings

Discover US Stocks That May Be Trading Below Estimated Value In November 2024

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US Exchange: Discover 3 Stocks That May Be Priced Below Their Estimated Value

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Smith Douglas Homes Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St.

Smith Douglas Homes price target lowered to $35 from $40 at BofA

Analysts Conflicted on These NA Names: Smith Douglas Homes Corp. Class A (SDHC) and Gauzy Ltd. (GAUZ)

Smith Douglas Homes Corp (SDHC) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic ...

Smith Douglas Homes: Strong Q3 Performance and Expansion

Smith Douglas Homes Corp reports results for the quarter ended September 30 - Earnings Summary

Smith Douglas Homes Q3 Adjusted Net Income, Revenue Rise

MT Newswires Live

Smith Douglas Homes reports Q3 EPS 58c, consensus 47c

Smith Douglas Homes Q3 2024 GAAP EPS $0.58 Misses $0.60 Estimate, Sales $277.835M Beat $258.078M Estimate

BRIEF-Smith Douglas Homes Q3 Net Income USD 37.824 Million

Press Release: Smith Douglas Homes Reports Third Quarter 2024 Results

Smith Douglas Homes Corp expected to post earnings of 47 cents a share - Earnings Preview

LoanDepot, Smith Douglas Homes Form Joint Venture to Support Financing for New Home Buyers

MT Newswires Live

Smith Douglas Homes Corp - Ridgeland Mortgage to Operate in Multiple U.S. Markets

THOMSON REUTERS

Loandepot and Smith Douglas Homes Announce New Joint Venture Called Ridgeland Mortgage

THOMSON REUTERS

loanDepot and Smith Douglas Homes Announce New Joint Venture called Ridgeland Mortgage

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In such an environment, identifying stocks that appear undervalued can be particularly appealing, as they may offer potential for growth despite broader market uncertainties.Top 10 Undervalued Stocks Based On Cash Flows In The United States. Overview: Zillow Group, Inc. operates real estate brands through mobile applications and websites in the United States, with a market cap of approximately $17.29 billion.Operations: I'm sorry, but the revenue segment details are missing from the provided text. Could you please provide the relevant information on Zillow Group's revenue segments?Zillow Group, trading at US$72, is undervalued based on cash flows with an estimated fair value of US$90.48. 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In this environment, identifying stocks that may be priced below their estimated value can offer potential advantages, particularly when considering factors such as strong fundamentals and resilience to broader market shifts.Top 10 Undervalued Stocks Based On Cash Flows In The United States. Let's take a closer look at a couple of our picks from the screened companies.Overview: MercadoLibre, Inc. operates online commerce platforms in the United States with a market capitalization of approximately $97.89 billion.MercadoLibre, trading at US$1,876.20, is undervalued relative to its estimated fair value of US$2,119.68. Recent earnings showed significant growth with quarterly revenue reaching US$5.31 billion and net income rising to US$397 million. 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The decrease in margin was driven by higher expenses.NYSE:SDHC Earnings and Revenue Growth November 14th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue exceeded analyst estimates by 7.8%. Earnings per share  also surpassed analyst estimates by 5.9%.Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the US.The company's shares are down 8.9% from a week ago.We don't want to rain on the parade too much, but we did also find 2 warning signs for Smith Douglas Homes (1 is concerning!) that you need to be mindful of.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/smith-douglas-homes-third-quarter-101532072.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SDHC"],"gpt_icon":0},{"id":"2483009647","title":"Smith Douglas Homes price target lowered to $35 from $40 at BofA","url":"https://stock-news.laohu8.com/highlight/detail?id=2483009647","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483009647?lang=en_us&edition=fundamental","pubTime":"2024-11-13 20:16","pubTimestamp":1731500182,"startTime":"0","endTime":"0","summary":"BofA lowered the firm’s price target on Smith Douglas Homes (SDHC) to $35 from $40 and keeps a Neutral rating on the shares. Smith Douglas reported...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/smith-douglas-homes-price-target-lowered-to-35-from-40-at-bofa?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/smith-douglas-homes-price-target-lowered-to-35-from-40-at-bofa?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SDHC"],"gpt_icon":0},{"id":"2483716940","title":"Analysts Conflicted on These NA Names: Smith Douglas Homes Corp. Class A (SDHC) and Gauzy Ltd. (GAUZ)","url":"https://stock-news.laohu8.com/highlight/detail?id=2483716940","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483716940?lang=en_us&edition=fundamental","pubTime":"2024-11-13 18:12","pubTimestamp":1731492768,"startTime":"0","endTime":"0","summary":"Analysts have been eager to weigh in on the NA sector with new ratings on Smith Douglas Homes Corp. Class A (SDHC – Research Report) and Gauzy Ltd....","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-conflicted-on-these-na-names-smith-douglas-homes-corp-class-a-sdhc-and-gauzy-ltd-gauz?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-conflicted-on-these-na-names-smith-douglas-homes-corp-class-a-sdhc-and-gauzy-ltd-gauz?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4141","SDHC","BK4148","BK4088","GAUZ","NA"],"gpt_icon":0},{"id":"2483902763","title":"Smith Douglas Homes Corp (SDHC) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2483902763","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483902763?lang=en_us&edition=fundamental","pubTime":"2024-11-13 15:12","pubTimestamp":1731481933,"startTime":"0","endTime":"0","summary":"Pretax Income: $39.6 million or $0.58 per diluted share.Adjusted Net Income: $29.9 million, assuming a 24.5% effective tax rate.Gross Margin: 26.5%, at the high end of guidance.Home Closings: 812 homes, with an average sales price of $342,000.Backlog: 961 homes with an average selling price of $346,000.Total Controlled Lots: Just under 18,000, a 54% increase over the prior year.Active Selling Communities: 74, up from 62 the previous year.Cash and Credit Facility: $24 million in cash, no borrowings under a $250 million revolving credit facility.Net Debt to Net Book Capitalization: Negative 5.8%.GuruFocus has detected 7 Warning Signs with SDHC.Smith Douglas Homes Corp  achieved a record quarter with 812 new home deliveries, leading to a 41% year-over-year increase in home closing revenue to $277.8 million.Q: Can you elaborate on the expected ramp in community count and lot costs for 2025?A: Devendorf noted a 15% increase in community count is expected, with more communities coming online","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/smith-douglas-homes-corp-sdhc-071213011.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SDHC"],"gpt_icon":0},{"id":"2483322043","title":"Smith Douglas Homes: Strong Q3 Performance and Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2483322043","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483322043?lang=en_us&edition=fundamental","pubTime":"2024-11-13 12:53","pubTimestamp":1731473598,"startTime":"0","endTime":"0","summary":"Smith Douglas Homes Corp. Class A ( ($SDHC) ) has released its Q3 earnings. Here is a breakdown of the information Smith Douglas Homes Corp. Class ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/smith-douglas-homes-strong-q3-performance-and-expansion?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/smith-douglas-homes-strong-q3-performance-and-expansion?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4088","SDHC"],"gpt_icon":0},{"id":"2482891082","title":"Smith Douglas Homes Corp reports results for the quarter ended September 30 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2482891082","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482891082?lang=en_us&edition=fundamental","pubTime":"2024-11-12 23:35","pubTimestamp":1731425754,"startTime":"0","endTime":"0","summary":"Smith Douglas Homes Corp reports results for the quarter ended September 30 - Earnings SummarySmith Douglas Homes Corp SDHC.N reported quarterly adjusted earnings of 58 cents per share for the quarter","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241112:nL8N3MJ28Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SDHC"],"gpt_icon":0},{"id":"2482070171","title":"Smith Douglas Homes Q3 Adjusted Net Income, Revenue Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2482070171","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482070171?lang=en_us&edition=fundamental","pubTime":"2024-11-12 21:17","pubTimestamp":1731417435,"startTime":"0","endTime":"0","summary":"Smith Douglas Homes  reported Q3 adjusted net income Tuesday of $29.9 million, up from $25.6 million a year earlier.Analysts polled by Capital IQ expected $25.5 million.Revenue for the quarter ended Sept. 30 was $277.8 million, compared with $197.6 million a year earlier.Analysts surveyed by Capital IQ expected $257.8 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SDHC"],"gpt_icon":0},{"id":"2482770630","title":"Smith Douglas Homes reports Q3 EPS 58c, consensus 47c","url":"https://stock-news.laohu8.com/highlight/detail?id=2482770630","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482770630?lang=en_us&edition=fundamental","pubTime":"2024-11-12 20:27","pubTimestamp":1731414474,"startTime":"0","endTime":"0","summary":"Reports Q3 revenue $277.84M, consensus $258.08M. Greg Bennett, vice chairman and CEO, commented, “Our team’s commitment to our core operational str...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/smith-douglas-homes-reports-q3-eps-58c-consensus-47c?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/smith-douglas-homes-reports-q3-eps-58c-consensus-47c?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["SDHC"],"gpt_icon":0},{"id":"2482703497","title":"Smith Douglas Homes Q3 2024 GAAP EPS $0.58 Misses $0.60 Estimate, Sales $277.835M Beat $258.078M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2482703497","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482703497?lang=en_us&edition=fundamental","pubTime":"2024-11-12 20:19","pubTimestamp":1731413943,"startTime":"0","endTime":"0","summary":"Smith Douglas Homes (NYSE:SDHC) reported quarterly earnings of $0.58 per share which missed the analyst consensus estimate of $0.60 by 3.33 percent.  The company reported quarterly sales of $277.835 million which beat","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/41897187/smith-douglas-homes-q3-2024-gaap-eps-0-58-misses-0-60-estimate-sales-277-835m-beat-258-078m-estimat","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Smith Douglas Homes Q3 2024 GAAP EPS $0.58 Misses $0.60 Estimate, Sales $277.835M Beat $258.078M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SDHC"],"gpt_icon":0},{"id":"2482708909","title":"BRIEF-Smith Douglas Homes Q3 Net Income USD 37.824 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2482708909","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482708909?lang=en_us&edition=fundamental","pubTime":"2024-11-12 20:00","pubTimestamp":1731412846,"startTime":"0","endTime":"0","summary":"Nov 12 (Reuters) - Smith Douglas Homes Q3 pretax profit USD 39.585 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4088","SDHC","USD"],"gpt_icon":0},{"id":"2482708411","title":"Press Release: Smith Douglas Homes Reports Third Quarter 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2482708411","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482708411?lang=en_us&edition=fundamental","pubTime":"2024-11-12 20:00","pubTimestamp":1731412800,"startTime":"0","endTime":"0","summary":"Smith Douglas Homes Corp.   today announced third quarter results for the three and nine months ended September 30, 2024.Home closing revenue increased 41% to $277.8 million. Russ Devendorf, Executive Vice President and Chief Financial Officer, added, \"During the quarter we further expanded our geographic presence by expanding into Greenville, SC as well as continuing to build our infrastructure in Central Georgia and Chattanooga, TN. This strategic growth reflects our commitment to meeting demand for quality homes in the Southeastern and Southern United States.\". Management will host a conference call to discuss the Company's results at 8:30 a.m. Eastern Time on November 12, 2024. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section of the company's website.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CFA.SI","BK4088","SDHC"],"gpt_icon":0},{"id":"2482489330","title":"Smith Douglas Homes Corp    expected to post earnings of 47 cents a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2482489330","media":"Reuters","labels":["preview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482489330?lang=en_us&edition=fundamental","pubTime":"2024-11-09 00:22","pubTimestamp":1731082924,"startTime":"0","endTime":"0","summary":"* Smith Douglas Homes Corp     is expected to report resultson November 12 for the period ending September 30 2024   * The Woodstock Georgia-based  company is expected to report revenue of $258.078 mi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Smith Douglas Homes Corp    expected to post earnings of 47 cents a share - Earnings Preview","news_tag":"preview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SDHC"],"gpt_icon":0},{"id":"2480386935","title":"LoanDepot, Smith Douglas Homes Form Joint Venture to Support Financing for New Home Buyers","url":"https://stock-news.laohu8.com/highlight/detail?id=2480386935","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480386935?lang=en_us&edition=fundamental","pubTime":"2024-11-04 23:56","pubTimestamp":1730735794,"startTime":"0","endTime":"0","summary":"LoanDepot  and Smith Douglas Homes  said Monday they established a joint venture called Ridgeland Mortgage to support financing for new home buyers.The joint venture will operate in Atlanta, Georgia; Houston, Texas; Birmingham and Huntsville, Alabama; Charlotte and Raleigh, North Carolina; and Chattanooga and Nashville, Tennessee, the companies said.Price: 34.35, Change: +0.77, Percent Change: +2.31","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CFA.SI","JYNT","BK4195","SHDC","BK4185","NWHM","BK4229","LDI","SDHC"],"gpt_icon":0},{"id":"2480882015","title":"Smith Douglas Homes Corp - Ridgeland Mortgage to Operate in Multiple U.S. Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=2480882015","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480882015?lang=en_us&edition=fundamental","pubTime":"2024-11-04 21:30","pubTimestamp":1730727002,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241104:nTUA2LLN7Y:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4195","SDHC","BK4088","LDI","BK4229"],"gpt_icon":0},{"id":"2480158824","title":"Loandepot and Smith Douglas Homes Announce New Joint Venture Called Ridgeland Mortgage","url":"https://stock-news.laohu8.com/highlight/detail?id=2480158824","media":"THOMSON REUTERS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480158824?lang=en_us&edition=fundamental","pubTime":"2024-11-04 21:30","pubTimestamp":1730727002,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241104:nTUA2LLN7Y:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LDI","BK4088","BK4229","SDHC","BK4195"],"gpt_icon":0},{"id":"2480583819","title":"loanDepot and Smith Douglas Homes Announce New Joint Venture called Ridgeland Mortgage","url":"https://stock-news.laohu8.com/highlight/detail?id=2480583819","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480583819?lang=en_us&edition=fundamental","pubTime":"2024-11-04 21:30","pubTimestamp":1730727000,"startTime":"0","endTime":"0","summary":"New venture connects award-winning approach to new home construction with industry-leading lending platform to exceed customer expectations. SCOTTSDALE, Ariz., November 04, 2024----loanDepot, Inc. , a leading provider of products and services that power the homeownership journey, and Smith Douglas Homes , the nation’s 36th largest new home builderi with a strong presence in America’s Southeast and Southern regions, today announced a new joint venture that will provide a smooth and streamlined financing option for new home buyers.Called Ridgeland Mortgage, the venture expands loanDepot’s footprint in the purchase mortgage market while supporting Smith Douglas Homes’ continued growth and success. It will benefit from Smith Douglas Homes’ focus on building high quality homes at attractive prices in growing markets while capitalizing on loanDepot's lending industry expertise and best-in-class platform. 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