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SGD

Safe and Green Development Corporation

https://www.safeandgreenholdings.com/modular-development

Industry

Real Estate - Development

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single or multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida. Safe and Green Development Corporation is a subsidiary of Safe & Green Holdings Corp.

Open

3.32

Mkt cap

2.5M

Volume

150K

High

3.32

P/E Ratio

-0.30

52-wk high

168.40

Low

2.51

Div yield

N/A

52-wk low

2.51

Safe and Green Development has completed site work and secured permits for its South Texas Sugar Phase I project. The company plans to begin construction soon and aims to deliver 35 homes by Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 12:58 pm

Safe and Green Development shares rose following the announcement of a preliminary purchase commitment worth up to $2.8 million for their South Texas project.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:29 pm

Safe and Green Development Corporation (NASDAQ:SGD) has secured a preliminary purchase commitment from Trio for its South Texas project, potentially generating up to $2.8 million in sales. The first 5 homes are expected to bring in $1 million in revenue.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 1:02 pm

Safe and Green Development Corp (NASDAQ:SGD) has secured financing terms for constructing a model home in South Texas, marking a step towards expanding its eco-friendly projects in the region. The construction loan is subject to conditions, including the payoff of an existing note.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 1:02 pm

SG DevCo has announced a 1-for-20 reverse stock split effective October 8. This corporate action is aimed at increasing the stock price by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 1:03 pm

Modular Medical, Inc. (NASDAQ:MODD) shares surged 29.1% in pre-market trading following FDA clearance of its MODD1 insulin pump. Other notable pre-market movers include Eastside Distilling, Inc. (NASDAQ:EAST) with a 177.2% gain due to a merger announcement, and C3.ai, Inc. (NYSE:AI) which fell 18.7% after releasing first-quarter results.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 9:33 am

Safe And Green Development Corporation has announced a joint venture with Milk & Honey to develop an eco-friendly retail outlet on an 18-acre property in Palmview, Texas. This collaboration aims to promote sustainable development in the retail sector.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:34 pm

Xperi Inc. (NYSE:XPER) shares rose 11.6% in pre-market trading after announcing an $80 million asset sale agreement with Amazon.com services. Other notable pre-market movers include Applied DNA Sciences, Inc. (NASDAQ:APDN) up 130%, GeoVax Labs, Inc. (NASDAQ:GOVX) up 56%, and fuboTV Inc. (NYSE:FUBO) up 8.5% following a legal win against major media companies.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 9:18 am

Safe and Green Development shares are trading lower following the announcement of the expansion of its joint venture in Edinburg, Texas, with the acquisition of 22 additional single-family lots.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 7:40 pm

Safe and Green Development (SGD) has expanded its joint venture in Edinburg, Texas by acquiring 22 additional single-family lots. This acquisition builds on a previous one and is expected to close within 60 days. The company aims to deliver all homes by the end of Q2 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:04 pm

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