Douglas Emmett, Inc. (NYSE:DEI) Q4 2023 Earnings Conference Call February 7, 2024 2:00 PM ET Company Participants Stuart McElhinney – Vice President of Investor Relations Jordan Kaplan – President and Chief Executive Officer Kevin Crummy – Chief Investment Officer Peter Seymour – Chief Financial Officer Conference Call Participants Blaine Heck – Wells Fargo Michael Griffin…
jane/iStock via Getty Images Shares of Smith Douglas Homes (NYSE:SDHC) have seen a successful public debut, as an unprecedented decline in interest rates in the final quarter of 2023 provided a window of opportunity to go public. Shares of Smith were priced at the higher end of the preliminary offering range and have seen decent…
WANAN YOSSINGKUM One company went public this past week, completing the year’s first US IPO. Georgia-based homebuilder Smith Douglas (SDHC) priced at the high end to raise $162 million at a $1.1 billion market cap. Operating in the Southeastern and Southern US, the company builds and sells single-family homes, catering to first-time home buyers and…
Chicetin/iStock via Getty Images Since my last update, Douglas Elliman (NYSE:DOUG) has continued to trade down as the existing home real estate market continues to struggle from high mortgage rates. However, with shares down another 26% since August, the company is only worth ~$150 million (Figure 1). Is it time to finally turn bullish on…
Douglas Dynamics, Inc. (NYSE:PLOW) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Nathan Elwell – VP, IR Robert McCormick – President, CEO & Director Sarah Lauber – EVP, CFO & Secretary Conference Call Participants Michael Shlisky – D.A. Davidson & Co. Timothy Wojs – Robert W. Baird & Co. Gregory…
Philip Rozenski/iStock via Getty Images The best revenge is to be unlike him who performed the injury.”― Marcus Aurelius, Meditations. Today, we take a deeper look at a manufacturer that dominates its market and is seeing somewhat of a turnaround. The stock has a healthy dividend yield and has seen some recent insider buying as…
fullvalue Investment thesis Following the company’s enormous expansion that took place in the 2013-2016 period boosted by acquisitions, Douglas Dynamics (NYSE:PLOW) has been facing various headwinds since the outbreak of the coronavirus pandemic, including manufacturing disruptions and lower demand caused by mandatory lockdowns in 2020, and subsequent supply chain issues, labor shortages and inflationary pressures…