Smith Douglas Homes Projects 800 to 875 Home Closings in Q4
Photo: TokenPost
Smith Douglas Homes projected 800 to 875 home closings in the fourth quarter of 2026, with a home-closing gross margin of 15.5% to 16.5%, on its Nov. 4 earnings call. The company also forecast an average sales price of $310,000 to $320,000. Management said it would not provide 2027 guidance, citing variable demand conditions. The closing forecast follows a third quarter in which Smith Douglas closed 831 homes. Its 16.3% home-closing gross margin falls within the fourth-quarter range, which extends from 0.8 percentage point below that result to 0.2 point above it.
Source: TokenPost
