Landsea Homes Corporation
Description
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.
About
CEO
Mr. John Ho
Employees
497
Instrument type
Common Stock
Sector
Real Estate
Industry
Real Estate - Development
MIC code
XNCM
Address
1717 McKinney Street, Dallas, TX 75202, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 3, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| Apr 29, 2025 | — | — | — | — |
| Feb 26, 2025 | 0.38 | — | — | — |
| Nov 4, 2024 | 0.07 | 0.30 | 0.23 | 328.57% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 2 |
| Average estimate | — | 0.13 | — | 2.03 |
| Low estimate | — | 0.13 | — | 1.86 |
| High estimate | — | 0.13 | — | 2.19 |
| Last year EPS | — | 0.06 | — | 1.40 |
[stock_revenue_estimate]
Growth estimates
Current qtr
27.910%
Next qtr. (Mar 2025)
116.670%
Current year
14.750%
Next year (Dec 2025)
44.640%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 1.21B | 1.45B | 1.02B | 734.61M | 630.99M |
| Cost of revenue | 994.97M | 1.16B | 840.71M | 639.74M | 531.53M |
| Gross profit | 214.97M | 286.92M | 182.60M | 94.87M | 99.46M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 174.69M | 178.63M | 123.11M | 90.70M | 61.41M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 40.28M | 108.29M | 59.49M | 4.17M | 38.05M |
| Non operating interest income | |||||
| Income | — | — | — | 694,319 | 3.47M |
| Expense | — | — | — | — | — |
| Other income expense | 4.26M | -7.23M | 7.24M | -16.34M | -9.50M |
| Pretax income | 44.55M | 101.07M | 66.73M | -12.17M | 28.55M |
| Tax provision | 11.90M | 25.40M | 14.00M | -3.08M | 6.16M |
| Net income | 32.65M | 75.67M | 52.74M | -9.08M | 22.39M |
| Basic EPS | 0.75 | 1.71 | 1.14 | -0.19 | 0.53 |
| Diluted EPS | 0.75 | 1.70 | 1.14 | -0.19 | 0.53 |
| Basic average shares | 38.89M | 42.05M | 45.20M | 46.23M | 32.56M |
| Diluted average shares | 38.89M | 42.05M | 45.20M | 46.23M | 32.56M |
| EBITDA | 45.39M | 121.16M | 62.80M | 7.75M | 41.01M |
| Net income from continuing op. | 32.65M | 75.67M | 52.74M | -9.08M | 22.39M |
| Minority interests | -3.41M | -2.11M | 51,000 | 133,000 | -5.19M |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.47B | 1.44B | 1.27B | 895.76M | 162.49M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 119.56M | 123.63M | 342.81M | 105.78M | 161,405 |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| Other receivables | 33.36M | 34.29M | 6.13M | — | — |
| Inventory | 1.12B | 1.09B | 844.79M | 687.82M | — |
| Prepaid assets | 8.99M | 4.90M | 5.95M | 4.03M | 304,077 |
| Restricted cash | 51.48M | 61.26M | 5.34M | 15.89M | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 40.33M | 36.62M | 19.19M | 12.36M | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -15.80M | -11.50M | — | — | — |
| Goodwill | 137.28M | 137.32M | 49.82M | 42.46M | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | 44,000 | 910,000 | 1.05M | — |
| Investments and advances | 19,000 | 41,000 | 470,000 | 21.34M | 162.02M |
| Other non current assets | 38.58M | 25.46M | 10.99M | 24.13M | 162.02M |
| Total liabilities | 782.88M | 730.18M | 644.12M | 366.28M | 17.45M |
| Current liabilities | |||||
| Accounts payable | 77.97M | 74.45M | 73.73M | 36.24M | 121,516 |
| Accrued expenses | 103.20M | 90.72M | 40.27M | 38.77M | 30,610 |
| Short term debt | 307.63M | 505.42M | 390.30M | 199.36M | 750,000 |
| Deferred revenue | 180,000 | — | 3.97M | — | — |
| Tax payable | 6.28M | 4.87M | 14.96M | 3.22M | 40,000 |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 249.21M | 16.43M | 84.01M | 71.85M | — |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | 128,105 |
| Derivative product liabilities | — | — | 9.19M | — | 10.94M |
| Other non current liabilities | 11.49M | 18.49M | 10.42M | 3.51M | — |
| Shareholders equity | |||||
| Common stock | 4,000 | 4,000 | 5,000 | 3,000 | 140.04M |
| Retained earnings | 187.58M | 158.35M | 84.80M | 32.01M | 2.01M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 688.35M | 710.32M | 621.40M | 529.49M | 145.04M |
| Additional paid in capital | 465.29M | 497.60M | 535.35M | 496.17M | 2.99M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 35.47M | 54.37M | 1.25M | 1.30M | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 32.65M | 75.67M | 52.74M | -9.08M | 22.39M |
| Depreciation | 5.10M | 5.55M | 5.39M | 3.58M | 2.96M |
| Deferred Taxes | -4.92M | -6.30M | -2.83M | -5.02M | 128,105 |
| Stock-Based Compensation | 3.09M | 3.65M | 5.81M | — | — |
| Other Non-Cash Items | 1.43M | 650,000 | 555,000 | 380,000 | 696,000 |
| Accounts Receivable | -604,000 | 721,000 | -1.80M | -174,000 | 18.90M |
| Accounts Payable | 3.52M | -5.62M | 35.85M | 15.74M | -20.60M |
| Other Assets & Liabilities | -27.80M | -79.80M | -59.42M | -23.43M | 82.30M |
| Operating Cash Flow | 12.48M | -5.48M | 36.29M | -18.01M | 106.77M |
| Investing Activities | |||||
| Capital Expenditures | -7.48M | -5.47M | -3.18M | -1.79M | -5.59M |
| Net Intangibles | — | — | — | — | — |
| Net Acquisitions | — | -258.73M | -44.54M | -128.53M | -23.56M |
| Purchase of Investments | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — |
| Investing Cash Flow | -7.48M | -264.20M | -47.71M | -77.35M | -24.15M |
| Financing Activities | |||||
| Long-Term Debt Issuance | 547.50M | 281.61M | 910.49M | 600.39M | 276.56M |
| Long-Term Debt Payments | -504.30M | -240.23M | -739.18M | -505.94M | -337.87M |
| Other Financing Charges | -31.89M | 44.52M | 54.08M | -28.21M | 14.52M |
| Financing Cash Flow | -23.81M | 44.50M | 225.38M | 67.99M | -46.04M |
| Other Cash Details | |||||
| End Cash Position | 119.56M | 123.63M | 343.25M | 110.05M | 156.38M |
| Income Tax Paid | 15.62M | 40.37M | 7.58M | 7.31M | 811,467 |
| Interest Paid | — | — | 32,000 | 15,000 | — |
| Free Cash Flow | 19.69M | 10.53M | 30.22M | 11.82M | 100.46M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 510,629 | 4.02M | 1.41% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 506,377 | 3.99M | 1.40% |
| DFA U.S. Small Cap Value Series | Oct 31, 2024 | 390,566 | 3.07M | 1.08% |
| Wasatch Micro-Cap Value Fund | Sep 30, 2024 | 391,000 | 3.08M | 1.08% |
| Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I | Oct 31, 2024 | 368,532 | 2.90M | 1.02% |
| Invesco ETF Tr II-Invesco Dorsey Wright SmallCap Momentum ETF | Nov 30, 2024 | 277,776 | 2.19M | 0.77% |
| BlackRock Funds II-BlackRock Strategic Income Opportunities Portfolio | Sep 30, 2024 | 271,780 | 2.14M | 0.75% |
| Bridgeway Fds Inc-Omni Small Cap Value Fund | Sep 30, 2024 | 214,729 | 1.69M | 0.59% |
| EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF | Sep 30, 2024 | 183,798 | 1.45M | 0.51% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 181,895 | 1.43M | 0.50% |
Article
Landsea Homes Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
DALLAS, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the fourth quarter and full year of 2024 before the market opens on Thursday, February 27, 2025. 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.
Feb 6, 2025
Article
Susan Lattmann Rejoins Landsea Homes Board of Directors as Thomas Hartfield Concludes His Term
DALLAS, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that Susan E. Lattmann has rejoined the Company's Board of Directors effective immediately. Ms. Lattmann is rejoining the Board following Thomas Hartfield's decision not to stand for re-election at the 2025 annual meeting of stockholders.
Jan 22, 2025
Article
LANDSEA HOMES INTRODUCES NEW FEATURES TO ITS INDUSTRY-LEADING HIGH PERFORMANCE HOMES
Ecobee smart doorbell camera, energy-efficient windows, and WaterSense fixtures for enhanced water efficiency now standard High Performance Homes provide a healthy lifestyle, connected living, ease, security, and privacy for homeowners' overall well-being DALLAS , Jan. 14, 2025 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today introduced several new features that are new standard offerings as part of its industry-leading High Performance Home program. "We have adopted several new technology features and upgrades for our High Performance Homes heading into 2025 that will allow us to provide our homeowners' with enhanced security, and the very latest in home automation and energy savings," said John Ho, CEO of Landsea Homes.
Jan 14, 2025
