Landsea Homes Corporation (LSEA)

NASDAQ: LSEA · IEX Real-Time Price · USD
11.34
+1.03 (9.99%)
May 15, 2024, 4:00 PM EDT - Market closed
9.99%
Market Cap 410.27M
Revenue (ttm) 1.26B
Net Income (ttm) 26.21M
Shares Out 36.18M
EPS (ttm) 0.68
PE Ratio 16.68
Forward PE 10.00
Dividend n/a
Ex-Dividend Date n/a
Volume 404,659
Open 10.39
Previous Close 10.31
Day's Range 10.37 - 11.52
52-Week Range 6.58 - 14.91
Beta 1.11
Analysts Buy
Price Target 13.67 (+20.55%)
Earnings Date May 1, 2024

About LSEA

Landsea Homes Corporation engages in the design, construction, marketing, and sale of suburban and urban single-family detached and attached homes in the United States. The company develops homes and communities; builds suburban, single-family detached and attached homes, mid-and high-rise properties, and master-planned communities. The company was incorporated in 2013 and is based in Dallas, Texas. Landsea Homes Corporation operates as a subsidiary of Landsea Holdings Corporation. [Read more]

Sector Real Estate
Founded 2013
Employees 497
Stock Exchange NASDAQ
Ticker Symbol LSEA
Full Company Profile

Financial Performance

In 2023, Landsea Homes's revenue was $1.21 billion, a decrease of -16.35% compared to the previous year's $1.45 billion. Earnings were $29.24 million, a decrease of -60.25%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for LSEA stock is "Buy." The 12-month stock price forecast is $13.67, which is an increase of 20.55% from the latest price.

Price Target
$13.67
(20.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Landsea Homes Reports First Quarter 2024 Results

First Quarter 2024 Highlights First quarter net new home orders of 612, a 23% year-over-year increase Total revenue of $294.0 million , driven by 505 home closings at an average price of $579,000 Adju...

14 days ago - GlobeNewsWire

LANDSEA HOMES CLOSES ON 90 HOMESITES FOR A NEW COMMUNITY IN MESA, ARIZONA

New gated community will be called Circlestone High Performance single-story and two-story homes to begin selling next year MESA, Ariz. , April 18, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasd...

27 days ago - PRNewsWire

LANDSEA HOMES LAUNCHES 'LANDSEA ELEMENTS' EXCLUSIVE FINANCIAL SERVICES FOR HOMEBUYERS

-          Services provide end-to-end support for company's homebuyers -          Landsea Insurance Agency is the newest offering, in addition to existing services, Landsea Mortgage and Landsea Title...

4 weeks ago - PRNewsWire

LANDSEA HOMES CLOSES ON 28 HOMESITES IN LONGMONT, COLORADO

Spring Valley will feature a ttainably priced High Performance Homes in northeastern Boulder County Collection of paired homes designed for first-time and move-up buyers  LONGMONT, Colo. , April 15, 2...

4 weeks ago - PRNewsWire

Landsea Homes Schedules First Quarter 2024 Earnings Release and Conference Call

DALLAS, April 10, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the first quarter of 2024 before the market opens on W...

5 weeks ago - GlobeNewsWire

LANDSEA HOMES LAUNCHES HIGH PERFORMANCE HOME PROGRAM IN COLORADO; CELEBRATES GRAND OPENINGS FOR TWO NEW COMMUNITIES

Industry-leading High Performance Home program included at no additional cost in all currently selling and future planned communities across Colorado  Homebuyers can experience smart home automation f...

5 weeks ago - PRNewsWire

LANDSEA HOMES ANNOUNCES NEW VICE PRESIDENT OF LAND FOR ITS FLORIDA DIVISION

Jared Wilken, a Local Homebuilding Executive Brings Expertise to Company's Florida Division ORLANDO, Fla. , April 4, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or t...

5 weeks ago - PRNewsWire

LANDSEA HOMES NAMES MELISSA KELLY PRESIDENT OF DALLAS-FORT WORTH DIVISION

Texas Homebuilding Executive to Oversee Region DALLAS , April 3, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebui...

6 weeks ago - PRNewsWire

LANDSEA HOMES CLOSES ACQUISITION OF DFW-BASED ANTARES HOMES

Acquisition Expands Homebuilding Footprint  into 13 Cities, Including Dallas/Fort Worth Metropolitan Area Transaction Adds 2,254 of Owned or Controlled Lots to Landsea Homes' Portfolio "Continues Comp...

6 weeks ago - PRNewsWire

LANDSEA HOMES CLOSES ON 545 ADDITIONAL LOTS AT WILDERA IN PINAL COUNTY, ARIZONA

Landsea Homes now has 1,006 lots in the Wildera master-planned community Attainably priced High Performance Homes with first-time and move-up buyers in mind Homes in the first phase will begin selling...

7 weeks ago - PRNewsWire

Landsea Homes Announces Pricing of Private Offering of Senior Notes

DALLAS, March 19, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today that it has priced its previously announced offering (the “Offeri...

2 months ago - GlobeNewsWire

Landsea Homes Announces Commencement of Private Offering of Senior Notes

DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today that it intends to offer $300,000,000 aggregate principal amount ...

2 months ago - GlobeNewsWire

Landsea Homes Announces Closing of Secondary Common Stock Offering

DALLAS, March 08, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today the closing of its pr...

2 months ago - GlobeNewsWire

LANDSEA HOMES BEGINS DEVELOPMENT ON NEW COMMUNITY IN KYLE, TEXAS

Coming Soon, Parkton Square will Consist of 210 New High Performance Homes in Desirable City Close to Downtown Austin Single-Family Homes and Attached Condos Located at the Gateway of Texas Hill Count...

2 months ago - PRNewsWire

Landsea Homes Announces Pricing of Secondary Common Stock Offering

DALLAS, March 06, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today the pricing of the pr...

2 months ago - GlobeNewsWire

Landsea Homes Announces Secondary Common Stock Offering

DALLAS, March 05, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that its largest stoc...

2 months ago - GlobeNewsWire

Landsea Homes Reports Fourth Quarter and Full Year 2023 Results

DALLAS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded homebuilder, reported financial results for the fourth quarter ...

2 months ago - GlobeNewsWire

Landsea Homes Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

DALLAS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the fourth quarter of 2023 before the market opens on T...

3 months ago - GlobeNewsWire

Shares of China's Landsea Green rise on plan to buy Texas homebuilder for $185 million

Shares of Chinese developer Landsea Green Management 106, +33.90% rose after the company said its Nasdaq-listed unit will buy a Texas homebuilder for $185 million.

3 months ago - Market Watch

LANDSEA HOMES EXPANDS PRESENCE AT VICTORY AT VERRADO 55+ COMMUNITY IN ARIZONA; CLOSES ON 145 NEW HOMESITES

New homesites are an extension of Landsea Homes' existing Skye Ridge at Victory neighborhood Single-family and duplex homes will include High Performance Home features and multiple customization optio...

3 months ago - PRNewsWire

LANDSEA HOMES ACQUIRES 45 FINISHED HOMESITES, EXPANDING TEXAS PORTFOLIO

The new community will consist of 45 single-family homes in Manor, Texas just outside of downtown Austin MANOR, Texas , Jan. 23, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea...

4 months ago - PRNewsWire

LANDSEA HOMES EXPANDS TEXAS PRESENCE WITH ACQUISITION OF DFW-BASED ANTARES HOMES

Continues Company Goal Toward Becoming One of Texas' Top Homebuilders Acquisition Expands Homebuilding Footprint  into 13 Cities, Including Dallas/Fort Worth Metropolitan Area Transaction Adds 2,298 o...

4 months ago - PRNewsWire

KELLY RENTZEL NAMED NEW GENERAL COUNSEL FOR LANDSEA HOMES

Texas Legal Expert Brings Over 20 Years of Experience to Senior Leadership Team DALLAS , Jan. 3, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a pub...

4 months ago - PRNewsWire

LANDSEA HOMES LAUNCHES FIRST ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT

DALLAS , Dec. 27, 2023 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today published its first environmental, ...

5 months ago - PRNewsWire

LANDSEA HOMES CLOSES ON 50 HOMESITES FOR A NEW COMMUNITY IN PATTERSON, CA

Landsea Homes enters a new city in California's Central Valley Blossom at Baldwin Park will feature 50 modern single-family detached homes at attainable price points PATTERSON, Calif. , Nov. 6, 2023 /...

6 months ago - PRNewsWire