Real Estate - Real Estate - Development - NASDAQ - US
$ 10.49
-2.78 %
$ 381 M
Market Cap
14.77
P/E
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.[ Read More ]
The intrinsic value of one LSEA stock under the base case scenario is HIDDEN Compared to the current market price of 10.5 USD, Landsea Homes Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart LSEA
FINANCIALS
1.21 B
REVENUE
40.3 M
OPERATING INCOME
29.2 M
NET INCOME
27.2 M
OPERATING CASH FLOW
-7.48 M
INVESTING CASH FLOW
-23.8 M
FINANCING CASH FLOW
338 M
REVENUE
13.4 M
OPERATING INCOME
11.4 M
NET INCOME
6.4 M
OPERATING CASH FLOW
-1.47 M
INVESTING CASH FLOW
-29.9 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Landsea Homes Corporation
| Current Assets | 1.31 B |
| Cash & Short-Term Investments | 120 M |
| Receivables | 5.95 M |
| Other Current Assets | 1.18 B |
| Non-Current Assets | 162 M |
| Long-Term Investments | 35.8 M |
| PP&E | 24.5 M |
| Other Non-Current Assets | 101 M |
| Current Liabilities | 78 M |
| Accounts Payable | 78 M |
| Short-Term Debt | 3.31 M |
| Other Current Liabilities | -3.31 M |
| Non-Current Liabilities | 568 M |
| Long-Term Debt | 554 M |
| Other Non-Current Liabilities | 14.1 M |
EFFICIENCY
Earnings Waterfall
Landsea Homes Corporation
| Revenue | 1.21 B |
| Cost Of Revenue | 995 M |
| Gross Profit | 215 M |
| Operating Expenses | 175 M |
| Operating Income | 40.3 M |
| Other Expenses | 11 M |
| Net Income | 29.2 M |
RATIOS
17.77%
GROSS MARGIN
3.33%
OPERATING MARGIN
2.42%
NET MARGIN
4.48%
ROE
1.99%
ROA
2.47%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Landsea Homes Corporation
| Net Income | 29.2 M |
| Depreciation & Amortization | 5.1 M |
| Capital Expenditures | -7.48 M |
| Stock-Based Compensation | 3.09 M |
| Change in Working Capital | -14.9 M |
| Others | 21.3 M |
| Free Cash Flow | 19.7 M |
Wall Street Analysts Price Targets
Landsea Homes Corporation
Wall Street analysts predict an average 1-year price target for LSEA of $14.5 , with forecasts ranging from a low of $14 to a high of $15 .
LSEA Lowest Price Target
Wall Street Target
14 USD
33.46%
LSEA Average Price Target
Wall Street Target
14.5 USD
38.23%
LSEA Highest Price Target
Wall Street Target
15 USD
42.99%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Landsea Homes Corporation
Sold
0-3 MONTHS
836 K USD 2
3-6 MONTHS
8.75 M USD 3
6-9 MONTHS
114 M USD 2
9-12 MONTHS
442 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
1.01 M USD 7
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 06, 2024
|
Sell 77.9 K USD
|
Hartfield Thomas
Director |
- 6986
|
11.15 USD |
|
1 week ago
Nov 07, 2024
|
Sell 33.6 K USD
|
Hartfield Thomas
Director |
- 3000
|
11.2 USD |
|
2 months ago
Aug 23, 2024
|
Sell 724 K USD
|
Farhat Elias
Director |
- 60000
|
12.07 USD |
|
4 months ago
Jun 20, 2024
|
Sell 4.29 M USD
|
Tian Ming
director, 10 percent owner: |
- 450000
|
9.53 USD |
|
4 months ago
Jun 20, 2024
|
Sell 4.29 M USD
|
LANDSEA HOLDINGS CORP
10 percent owner |
- 450000
|
9.53 USD |
|
5 months ago
Jun 04, 2024
|
Sell 113 K USD
|
FRANK BRUCE D
Director |
- 11671
|
9.7 USD |
|
5 months ago
Jun 12, 2024
|
Sell 56.1 K USD
|
FRANK BRUCE D
Director |
- 5491
|
10.21 USD |
|
6 months ago
May 14, 2024
|
Sell 24.6 M USD
|
LANDSEA HOLDINGS CORP
10 percent owner |
- 4100000
|
6 USD |
|
6 months ago
May 14, 2024
|
Sell 24.6 M USD
|
Tian Ming
director, 10 percent owner: |
- 4100000
|
6 USD |
|
6 months ago
May 08, 2024
|
Bought 97.8 K USD
|
Fadule Mollie
Director |
+ 10000
|
9.78 USD |
|
8 months ago
Mar 08, 2024
|
Bought 12 K USD
|
Rentzel Catharine Kelly
General Counsel |
+ 1034
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Bought 25 K USD
|
FRANK BRUCE D
Director |
+ 2155
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Bought 100 K USD
|
Fadule Mollie
Director |
+ 8621
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Bought 200 K USD
|
Forsum Michael
President and COO |
+ 17241
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Bought 30 K USD
|
Hartfield Thomas
Director |
+ 2586
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Bought 200 K USD
|
Ho John
Chief Executive Officer |
+ 17241
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Sell 32.5 M USD
|
Tian Ming
director, 10 percent owner: |
- 2800000
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Bought 348 K USD
|
Tian Ming
director, 10 percent owner: |
+ 30000
|
11.6 USD |
|
8 months ago
Mar 08, 2024
|
Sell 32.5 M USD
|
LANDSEA HOLDINGS CORP
10 percent owner |
- 2800000
|
11.6 USD |
|
11 months ago
Dec 08, 2023
|
Sell 99.9 K USD
|
Farhat Elias
Director |
- 8394
|
11.9 USD |
|
11 months ago
Dec 11, 2023
|
Sell 226 K USD
|
Farhat Elias
Director |
- 18943
|
11.92 USD |
|
11 months ago
Dec 12, 2023
|
Sell 93.4 K USD
|
Farhat Elias
Director |
- 7840
|
11.91 USD |
|
11 months ago
Nov 30, 2023
|
Sell 23.3 K USD
|
Farhat Elias
Director |
- 2258
|
10.33 USD |
|
1 year ago
Aug 24, 2023
|
Sell 41 M USD
|
Green Investment Alpha Ltd
10 percent owner |
- 4207574
|
9.75 USD |
|
1 year ago
Aug 07, 2023
|
Sell 60.9 K USD
|
Farhat Elias
Director |
- 4992
|
12.19 USD |
|
1 year ago
Aug 08, 2023
|
Sell 175 K USD
|
Farhat Elias
Director |
- 14802
|
11.81 USD |
|
1 year ago
Jun 21, 2023
|
Sell 3.33 M USD
|
LANDSEA HOLDINGS CORP
10 percent owner |
- 443478
|
7.5 USD |
|
1 year ago
Jun 15, 2023
|
Sell 22.2 M USD
|
LANDSEA HOLDINGS CORP
10 percent owner |
- 2956522
|
7.5 USD |
|
1 year ago
Jun 12, 2023
|
Bought 50 K USD
|
PORTER CHRISTOPHER T
Chief Financial Officer |
+ 6666
|
7.5 USD |
|
1 year ago
Jun 12, 2023
|
Bought 300 K USD
|
Ho John
Chief Executive Officer |
+ 40000
|
7.5 USD |
|
1 year ago
Jun 12, 2023
|
Bought 100 K USD
|
Forsum Michael
President and COO |
+ 13333
|
7.5 USD |
|
2 years ago
Mar 14, 2022
|
Bought 89.1 K USD
|
Miller Robert S
Director |
+ 12500
|
7.13 USD |
|
2 years ago
Mar 14, 2022
|
Bought 89.1 K USD
|
Miller Robert S
Director |
+ 12500
|
7.13 USD |
|
2 years ago
Nov 14, 2022
|
Bought 27.1 K USD
|
Miller Robert S
Director |
+ 5000
|
5.42 USD |
|
2 years ago
Sep 15, 2022
|
Bought 9.01 K USD
|
Hartfield Thomas
Director |
+ 1669
|
5.4 USD |
|
2 years ago
Sep 13, 2022
|
Bought 6.19 K USD
|
Hartfield Thomas
Director |
+ 1100
|
5.63 USD |
|
2 years ago
Sep 08, 2022
|
Bought 6.57 K USD
|
Hartfield Thomas
director: |
+ 1100
|
5.97 USD |
|
2 years ago
Sep 08, 2022
|
Bought 4.82 K USD
|
Hartfield Thomas
Director |
+ 800
|
6.02 USD |
|
2 years ago
Sep 07, 2022
|
Bought 29.5 K USD
|
PORTER CHRISTOPHER T
Chief Financial Officer |
+ 5000
|
5.9 USD |
|
2 years ago
Sep 06, 2022
|
Bought 31.1 K USD
|
Fadule Mollie
director: |
+ 5000
|
6.22 USD |
|
2 years ago
Sep 07, 2022
|
Bought 4.6 K USD
|
Hartfield Thomas
Director |
+ 800
|
5.75 USD |
|
2 years ago
Sep 06, 2022
|
Bought 8.58 K USD
|
Hartfield Thomas
director: |
+ 1400
|
6.13 USD |
|
2 years ago
Aug 12, 2022
|
Bought 524 USD
|
Ho John
Chief Executive Officer |
+ 76
|
6.89 USD |
|
2 years ago
Aug 11, 2022
|
Bought 73.4 K USD
|
Ho John
Chief Executive Officer |
+ 10579
|
6.94 USD |
|
2 years ago
Aug 09, 2022
|
Bought 67.9 K USD
|
Ho John
Chief Executive Officer |
+ 9745
|
6.97 USD |
|
2 years ago
Aug 09, 2022
|
Bought 64.6 K USD
|
Ho John
Chief Executive Officer |
+ 9600
|
6.73 USD |
|
2 years ago
Aug 11, 2022
|
Bought 9.14 K USD
|
Hartfield Thomas
Director |
+ 1300
|
7.03 USD |
|
2 years ago
Aug 09, 2022
|
Bought 1.68 K USD
|
Hartfield Thomas
director: |
+ 250
|
6.74 USD |
|
2 years ago
Jun 16, 2022
|
Bought 35.6 K USD
|
Fadule Mollie
director: |
+ 5000
|
7.12 USD |
|
2 years ago
Jun 13, 2022
|
Sell 8.34 M USD
|
Level Field Capital, LLC
director: |
- 2779600
|
3 USD |
|
2 years ago
Jun 13, 2022
|
Sell 32 M USD
|
Level Field Capital, LLC
10 percent owner |
- 2779600
|
11.5 USD |
|
2 years ago
Jun 10, 2022
|
Sell 6.6 M USD
|
LANDSEA HOLDINGS CORP
director: |
- 2200000
|
3 USD |
|
2 years ago
Jun 10, 2022
|
Sell 25.3 M USD
|
LANDSEA HOLDINGS CORP
10 percent owner |
- 2200000
|
11.5 USD |
|
2 years ago
Jun 01, 2022
|
Sell 45 M USD
|
LANDSEA HOLDINGS CORP
Chief Executive Officer |
- 4838710
|
9.3 USD |
|
2 years ago
Jun 01, 2022
|
Sell 30 M USD
|
LANDSEA HOLDINGS CORP
Chief Executive Officer |
- 4398826
|
6.82 USD |
|
2 years ago
Mar 25, 2022
|
Bought 178 K USD
|
Zhou Qin
director: |
+ 20000
|
8.91 USD |
|
2 years ago
Mar 16, 2022
|
Bought 62.5 K USD
|
Reed Scott A.
director: |
+ 7500
|
8.33 USD |
|
2 years ago
Mar 17, 2022
|
Bought 274 K USD
|
Ho John
Chief Executive Officer |
+ 30769
|
8.91 USD |
|
2 years ago
Mar 17, 2022
|
Bought 5.07 K USD
|
Zhou Qin
director: |
+ 570
|
8.89 USD |
|
2 years ago
Mar 14, 2022
|
Bought 113 K USD
|
Fadule Mollie
director: |
+ 15000
|
7.56 USD |
|
2 years ago
Mar 15, 2022
|
Bought 253 K USD
|
Ho John
Chief Executive Officer |
+ 31624
|
8.01 USD |
|
2 years ago
Mar 14, 2022
|
Bought 254 K USD
|
Ho John
Chief Executive Officer |
+ 33624
|
7.54 USD |
|
2 years ago
Mar 14, 2022
|
Bought 200 K USD
|
Forsum Michael
President and COO |
+ 27300
|
7.33 USD |
|
2 years ago
Mar 14, 2022
|
Bought 38.9 K USD
|
FRANK BRUCE D
director: |
+ 5000
|
7.78 USD |
|
2 years ago
Mar 14, 2022
|
Bought 294 K USD
|
PORTER CHRISTOPHER T
Chief Financial Officer |
+ 38000
|
7.73 USD |
|
2 years ago
Nov 23, 2021
|
Bought 41.4 K USD
|
Farhat Elias
Director |
+ 5000
|
8.27 USD |
|
2 years ago
Nov 19, 2021
|
Bought 6.37 K USD
|
Hartfield Thomas
Director |
+ 750
|
8.49 USD |
|
3 years ago
Nov 18, 2021
|
Bought 4.26 K USD
|
Hartfield Thomas
Director |
+ 500
|
8.52 USD |
|
3 years ago
Nov 17, 2021
|
Bought 4.25 K USD
|
Hartfield Thomas
Director |
+ 500
|
8.5 USD |
|
3 years ago
Sep 08, 2021
|
Bought 22.5 K USD
|
Miller Robert S
Director |
+ 2500
|
9 USD |
|
3 years ago
Aug 17, 2021
|
Bought 79.3 K USD
|
Farhat Elias
Director |
+ 9065
|
8.75 USD |
|
3 years ago
Aug 16, 2021
|
Bought 8.13 K USD
|
Farhat Elias
Director |
+ 935
|
8.7 USD |
|
3 years ago
Aug 13, 2021
|
Bought 8.83 K USD
|
Hartfield Thomas
Director |
+ 1000
|
8.83 USD |
|
3 years ago
Aug 12, 2021
|
Bought 17.9 K USD
|
Hartfield Thomas
Director |
+ 2000
|
8.93 USD |
|
3 years ago
Aug 12, 2021
|
Bought 112 K USD
|
Reed Scott A.
Director |
+ 12500
|
8.97 USD |
|
3 years ago
Aug 11, 2021
|
Bought 13.6 K USD
|
Reed Scott A.
Director |
+ 1500
|
9.04 USD |
|
3 years ago
May 11, 2021
|
Bought 123 K USD
|
Reed Scott A.
Director |
+ 13500
|
9.12 USD |
|
3 years ago
May 11, 2021
|
Bought 12.9 K USD
|
Farhat Elias
Director |
+ 1418
|
9.08 USD |
|
4 years ago
Jul 07, 2020
|
Sell 189 K USD
|
GLAZER CAPITAL, LLC
10 percent owner |
- 17729
|
10.64 USD |
|
4 years ago
Jul 08, 2020
|
Sell 3.03 M USD
|
GLAZER CAPITAL, LLC
10 percent owner |
- 285832
|
10.59 USD |
|
4 years ago
Jul 09, 2020
|
Sell 3.68 M USD
|
GLAZER CAPITAL, LLC
10 percent owner |
- 346800
|
10.61 USD |
7. News
Landsea Homes to Present at the 16th Annual Southwest IDEAS Investor Conference in Dallas, Texas on Thursday, November 21
DALLAS, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ: LSEA) today announced that the company will present at the Southwest IDEAS Investor Conference on Thursday, November 21, 2024 at The Statler in Dallas, TX. Company's presentation is scheduled to begin at 11:30 AM local time (12:30 ET). The presentation will be webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's website: https://ir.landseahomes.com/. A replay of the presentation will also be available on the company's website for 90 days following the event.
globenewswire.com
- 1 week ago
Landsea Homes Corp. (LSEA) Q3 2024 Earnings Call Transcript
Landsea Homes Corp. (NASDAQ:LSEA ) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Drew Mackintosh - Investor Relations John Ho - Chief Executive Officer Michael Forsum - President & Chief Operating Officer Christopher Porter - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Carl Reichardt - BTIG Alexander Rygiel - B. Riley Securities James McCanless - Wedbush Operator Good day everyone and welcome to the Landsea Homes Corporation third Quarter 2024 Earnings Call.
seekingalpha.com
- 1 week ago
Landsea (LSEA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Landsea (LSEA) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 1 week ago
Landsea Homes (LSEA) Surpasses Q3 Earnings Estimates
Landsea Homes (LSEA) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.30 per share a year ago.
zacks.com
- 1 week ago
Landsea Homes Reports Third Quarter 2024 Results
DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today financial results for the third quarter ended September 30, 2024. For the quarter, the Company reported pretax income of $14.9 million, and net income of $11.1 million, or $0.30 per share. Adjusted net income (a non-GAAP measure) was $15.9 million or $0.44 per share and adjusted gross margin was 22.8%. Reported pretax income for the prior year period was $12.5 million with net income of $8.6 million, or $0.22 per share. For the prior year period, adjusted net income was $11.7 million, or $0.30 per share and adjusted gross margin was 24.0%.
globenewswire.com
- 1 week ago
LANDSEA HOMES ADDING MORE HOMES IN KYLE, TEXAS WITH NEW COMMUNITY, PARKTON SQUARE
- 210 New High Performance Homes Coming to Desirable Master Planned Community Close to Downtown Austin - Single-Family Homes and Attached Townhomes - Community Located at the Gateway of Texas Hill Country KYLE, Texas , Oct. 15, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, is bringing 210 new homes to a brand new community, Parkton Square, in Kyle, Texas. "Kyle is one of the fastest growing cities in the country, and we are pleased to provide more opportunities for homebuyers to live in their element at Parkton Square," said Jill Wasik, Director of Sales and Marketing, Landsea Homes, Austin.
prnewswire.com
- 1 month ago
Landsea Homes Schedules Third Quarter 2024 Earnings Release and Conference Call
DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the third quarter of 2024 before the market opens on Monday, November 4, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session.
globenewswire.com
- 1 month ago
LANDSEA HOMES CLOSES ON 124 HOMESITES IN CENTRAL FLORIDA, EXPANDING PORTFOLIO IN VOLUSIA AND OSCEOLA COUNTIES
Brach Ranch in St. Cloud and Trinity Gardens in DeLand will feature single-family detached High Performance Homes ORLANDO, Fla. , Sept. 18, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today announced it has closed on a total of 124 homesites for two new communities in Central Florida.
prnewswire.com
- 1 month ago
Landsea Homes: A Cheap Homebuilder That's Worth Attention
Landsea Homes Corporation, a small homebuilder with a $477 million market cap, shows growth potential despite volatile financial performance, justifying a soft 'buy' rating. The company focuses on key US regions like California, Florida, and Texas, with significant revenue contributions from these areas. Despite revenue growth in 2024, net income dropped due to rising costs, but management's growth-oriented mindset and strategic acquisitions bolster long-term prospects.
seekingalpha.com
- 2 months ago
Landsea Homes Corp. (LSEA) Q2 2024 Earnings Call Transcript
Landsea Homes Corp. (NASDAQ:LSEA ) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Drew Mackintosh - Investor Relations John Ho - Chief Executive Officer Mike Forsum - President & Chief Operating Officer Chris Porter - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Carl Reichardt - BTIG Alex Rygiel - B. Riley Securities Jay McCanless - Wedbush Alex Barrón - Housing Research Center Operator Please standby.
seekingalpha.com
- 3 months ago
Here's What Key Metrics Tell Us About Landsea (LSEA) Q2 Earnings
Although the revenue and EPS for Landsea (LSEA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 3 months ago
Landsea Homes (LSEA) Q2 Earnings and Revenues Surpass Estimates
Landsea Homes (LSEA) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.33 per share a year ago.
zacks.com
- 3 months ago
8. Profile Summary
Landsea Homes Corporation LSEA
COUNTRY
US
INDUSTRY
Real Estate - Development
MARKET CAP
$ 381 M
Dividend Yield
0.00%
Description
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.
Contact
660 Newport Center Drive, Newport Beach, CA, 92660
https://landseahomes.com
IPO Date
June 29, 2018
Employees
497
Officers
Mr. Jeff Wochner
President of the New Central Florida Division
Ms. Melissa Kelly
President of Dallas-Fort Worth Division
Rollie Gonzalez
Vice President of Finance Controller
Mr. Vince Ruffino
President of Texas
Mr. Michael Forsum
President & Chief Operating Officer
Ms. Heather Cammiso
President for the Arizona Division
Mr. John Ho
Chief Executive Officer & Director
Mr. Christopher T. Porter
Chief Financial Officer