Lyon William Homes (NYSE:WLH) will announce its earnings results before the market opens on Tuesday, October 31st. Analysts expect the company to announce earnings of $0.70 per share for the quarter.
Lyon William Homes (NYSE:WLH) last released its quarterly earnings results on Monday, August 7th. The construction company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. Lyon William Homes had a net margin of 3.01% and a return on equity of 7.72%. The firm had revenue of $422.69 million during the quarter, compared to the consensus estimate of $424.86 million. During the same quarter in the prior year, the firm earned $0.38 EPS. The company’s revenue for the quarter was up 29.8% on a year-over-year basis. On average, analysts expect Lyon William Homes to post $2.33 EPS for the current fiscal year and $2.8 EPS for the next fiscal year.
Lyon William Homes (WLH) opened at 24.97 on Monday. The firm has a market cap of $797.69 million, a P/E ratio of 21.49 and a beta of 1.74. The company’s 50 day moving average is $23.45 and its 200 day moving average is $23.03. Lyon William Homes has a 52-week low of $15.60 and a 52-week high of $25.18.
In other Lyon William Homes news, major shareholder Paulson Property Management Ii sold 3,322,666 shares of Lyon William Homes stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $23.81, for a total transaction of $79,112,677.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Gmt Capital Corp sold 15,450 shares of Lyon William Homes stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $22.70, for a total transaction of $350,715.00. Following the transaction, the insider now owns 3,829,367 shares of the company’s stock, valued at approximately $86,926,630.90. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,445,566 shares of company stock valued at $81,987,679. 21.33% of the stock is currently owned by company insiders.
Several brokerages recently commented on WLH. Zacks Investment Research cut shares of Lyon William Homes from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 12th. UBS AG began coverage on shares of Lyon William Homes in a research report on Wednesday, October 25th. They set a “neutral” rating and a $25.00 target price for the company. Zelman & Associates upgraded shares of Lyon William Homes from a “hold” rating to a “buy” rating in a research report on Friday. BidaskClub cut shares of Lyon William Homes from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, Citigroup Inc. restated a “buy” rating and set a $27.50 target price (up previously from $27.00) on shares of Lyon William Homes in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $24.88.
About Lyon William 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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