Landsea Homes Co. (NASDAQ:LSEA – Get Rating) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 163,100 shares, a decline of 5.4% from the February 13th total of 172,400 shares. Based on an average daily trading volume, of 34,000 shares, the short-interest ratio is presently 4.8 days. Approximately 1.7% of the company’s stock are short sold.
Landsea Homes Trading Down 0.3 %
Shares of Landsea Homes stock opened at $6.52 on Thursday. Landsea Homes has a 12-month low of $4.48 and a 12-month high of $9.21. The firm’s 50 day simple moving average is $6.50 and its two-hundred day simple moving average is $5.76. The firm has a market capitalization of $266.99 million, a price-to-earnings ratio of 3.77 and a beta of 0.62.
Analysts Set New Price Targets
Several brokerages have recently commented on LSEA. B. Riley increased their price objective on Landsea Homes from $8.00 to $10.00 in a report on Wednesday, March 8th. Barclays decreased their price target on Landsea Homes from $8.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, November 21st.
Hedge Funds Weigh In On Landsea Homes
About Landsea Homes
Landsea Homes Corp. provides building construction services. It has developed homes and communities in New York, Boston, New Jersey, Arizona, Florida, Texas. The company was founded in 2013 and is headquartered in Newport Beach, CA.
- Get a free copy of the StockNews.com research report on Landsea Homes (LSEA)
- Meta Platforms: Efficiency Gains Momentum, Stock Accelerates
- Pfizer’s Latest Acquisition Strengthens the Case for PFE Stock
- SentinelOne: Reversal In-Play For Cybersecurity Stocks
- Is Sportradar Group A Growth Stock To Bet On In 2023?
- Strong Guidance says Boeing is Ready for Takeoff
Receive News & Ratings for Landsea Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Landsea Homes and related companies with MarketBeat.com's FREE daily email newsletter.