Harbor Custom Development (NASDAQ:HCDI – Get Rating) will be releasing its earnings data before the market opens on Thursday, May 12th. Persons interested in listening to the company’s earnings conference call can do so using this link.
Harbor Custom Development (NASDAQ:HCDI – Get Rating) last released its earnings results on Thursday, March 24th. The company reported $0.15 earnings per share for the quarter. Harbor Custom Development had a return on equity of 27.49% and a net margin of 12.24%. The firm had revenue of $26.34 million for the quarter.
NASDAQ HCDI opened at $2.87 on Thursday. The business’s 50-day moving average price is $2.25 and its 200 day moving average price is $2.35. Harbor Custom Development has a twelve month low of $1.67 and a twelve month high of $3.80. The company has a market capitalization of $37.90 million, a PE ratio of 9.90 and a beta of -0.34. The company has a current ratio of 3.16, a quick ratio of 3.16 and a debt-to-equity ratio of 1.66.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in Harbor Custom Development by 28.4% during the second quarter. Bank of America Corp DE now owns 238,872 shares of the company’s stock worth $774,000 after buying an additional 52,826 shares during the period. Morgan Stanley purchased a new position in Harbor Custom Development during the second quarter worth about $494,000. State Street Corp lifted its position in Harbor Custom Development by 562.7% during the fourth quarter. State Street Corp now owns 101,400 shares of the company’s stock worth $267,000 after buying an additional 86,100 shares during the period. Geode Capital Management LLC lifted its position in Harbor Custom Development by 34.7% during the third quarter. Geode Capital Management LLC now owns 82,263 shares of the company’s stock worth $193,000 after buying an additional 21,212 shares during the period. Finally, Millennium Management LLC purchased a new position in Harbor Custom Development during the fourth quarter worth about $143,000. Hedge funds and other institutional investors own 12.90% of the company’s stock.
Harbor Custom Development Company Profile (Get Rating)
Harbor Custom Development, Inc operates as a real estate development company in Washington, California, Texas, and Florida. The company is involved in land acquisition, entitlements, development, construction of project infrastructure, single and multi-family vertical construction, marketing, sales, and management of various residential projects.
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