Streetbeat News

LSEA

Landsea Homes Corporation

Industry

Real Estate - Development

Landsea Homes Corporation designs, constructs, markets, and sells suburban and urban single-family detached and attached homes in California, Arizona, Florida, Texas, and Metro New York. It offers a range of properties, including entry-level and first-time move-up homes. The company was incorporated in 2017 and is headquartered in Newport Beach, California. Landsea Homes Corporation is a subsidiary of Landsea Holdings Corporation.

Open

10.86

Mkt cap

381M

Volume

117K

High

10.86

P/E Ratio

14.77

52-wk high

14.91

Low

10.48

Div yield

N/A

52-wk low

8.28

Oppenheimer has initiated coverage on Landsea Homes (NASDAQ:LSEA) with an Outperform rating and a price target of $14.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 9:42 am

Barclays analyst Matthew Bouley has maintained an Equal-Weight rating on Landsea Homes (NASDAQ:LSEA) and reduced the price target from $14 to $11.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 5:55 pm

In Wednesday's intraday session, 12 consumer discretionary stocks saw significant movements. Notably, Rocky Brands (RCKY) surged 26.5% after Q1 earnings, while Leggett & Platt (LEG) dropped 27.9% following their Q1 report. Other gainers include Lulus Fashion Lounge (LVLU) and NIO (NIO), with increases of 14.84% and 12.71%, respectively. Among the losers, Starbucks (SBUX) fell 16.94% post-Q2 earnings, and GrowGeneration (GRWG) declined by 20.24%.

Portfolio Pulse from Benzinga Insights

May 01, 2024 | 4:31 pm

Landsea Homes shares are trading lower following the release of their Q1 earnings, indicating a negative market reaction to the financial results.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 4:12 pm

Wedbush analyst Jay McCanless reiterates an Outperform rating on Landsea Homes (NASDAQ:LSEA) and maintains a $16 price target.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 12:38 pm

Landsea Homes forecasts FY24 new home deliveries to range between 2,500-2,900 units, with an expected home sales gross margin of 7%-18%.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:08 am

Landsea Homes anticipates delivering between 600 to 650 new homes in Q2, with a projected home sales gross margin of 15%-16%.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:07 am

Landsea Homes (NASDAQ:LSEA) reported Q1 2024 earnings of $0.06 per share, surpassing the $0.04 estimate, a 66.67% decrease from last year's $0.18. Sales reached $294.041M, beating the $279.860M estimate, marking a 21.64% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:03 am

Landsea Homes has introduced 'Landsea Elements', a suite of exclusive financial services aimed at providing end-to-end support for its homebuyers. This includes the launch of Landsea Insurance Agency, complementing the existing services of Landsea Mortgage and Landsea Title.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 12:07 pm

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and divergences in market estimations of option values. Notable activities include bullish sentiment on AMZN, ARKO, LCID, LSEA, NKE, and LULU options, bearish sentiment on NIO and JACK, and neutral sentiment on TSLA and PENN.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 5:35 pm

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