Wall Street brokerages predict that William Lyon Homes (NYSE:WLH) will announce $0.24 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for William Lyon Homes’ earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.28. William Lyon Homes posted earnings per share of $0.11 during the same quarter last year, which suggests a positive year-over-year growth rate of 118.2%. The company is scheduled to report its next quarterly earnings report on Tuesday, May 8th.
On average, analysts expect that William Lyon Homes will report full year earnings of $3.05 per share for the current financial year, with EPS estimates ranging from $2.93 to $3.17. For the next year, analysts expect that the business will report earnings of $3.60 per share, with EPS estimates ranging from $3.42 to $3.78. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover William Lyon Homes.
William Lyon Homes (NYSE:WLH) last released its earnings results on Tuesday, February 20th. The construction company reported $0.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.05. The firm had revenue of $624.60 million during the quarter, compared to analyst estimates of $616.91 million. William Lyon Homes had a return on equity of 10.51% and a net margin of 2.68%. William Lyon Homes’s revenue was up 32.0% compared to the same quarter last year. During the same period last year, the business posted $0.60 earnings per share.
William Lyon Homes (WLH) opened at $27.43 on Wednesday. The stock has a market capitalization of $1,030.65, a price-to-earnings ratio of 22.30 and a beta of 1.64. William Lyon Homes has a fifty-two week low of $18.85 and a fifty-two week high of $32.95. The company has a quick ratio of 1.15, a current ratio of 11.14 and a debt-to-equity ratio of 1.20.
In other William Lyon Homes news, major shareholder Gmt Capital Corp sold 6,049 shares of William Lyon Homes stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $28.38, for a total transaction of $171,670.62. Following the completion of the sale, the insider now directly owns 3,678,417 shares of the company’s stock, valued at approximately $104,393,474.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 224,600 shares of company stock valued at $6,833,845 over the last ninety days. 22.30% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in WLH. BlackRock Inc. lifted its holdings in William Lyon Homes by 23.0% during the 4th quarter. BlackRock Inc. now owns 4,334,168 shares of the construction company’s stock worth $126,037,000 after buying an additional 810,569 shares during the last quarter. Millennium Management LLC lifted its holdings in William Lyon Homes by 47.0% during the 4th quarter. Millennium Management LLC now owns 1,681,635 shares of the construction company’s stock worth $48,902,000 after buying an additional 537,674 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in William Lyon Homes by 1,443.8% during the 4th quarter. Renaissance Technologies LLC now owns 338,100 shares of the construction company’s stock worth $9,832,000 after buying an additional 316,200 shares during the last quarter. Deutsche Bank AG lifted its holdings in William Lyon Homes by 650.2% during the 4th quarter. Deutsche Bank AG now owns 290,982 shares of the construction company’s stock worth $8,459,000 after buying an additional 252,196 shares during the last quarter. Finally, Capital Growth Management LP lifted its holdings in William Lyon Homes by 172.7% during the 4th quarter. Capital Growth Management LP now owns 300,000 shares of the construction company’s stock worth $8,724,000 after buying an additional 190,000 shares during the last quarter. 82.11% of the stock is owned by institutional investors.
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About William Lyon Homes
William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada. The Company conducts its homebuilding operations through four reportable operating segments: Southern California, Northern California, Arizona and Nevada.
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