Equities research analysts forecast that William Lyon Homes (NYSE:WLH) will post $411.82 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for William Lyon Homes’ earnings. The lowest sales estimate is $411.40 million and the highest is $412.24 million. William Lyon Homes reported sales of $373.37 million during the same quarter last year, which indicates a positive year over year growth rate of 10.3%. The business is expected to report its next earnings report on Tuesday, May 14th.

According to Zacks, analysts expect that William Lyon Homes will report full year sales of $2.02 billion for the current financial year, with estimates ranging from $1.95 billion to $2.09 billion. For the next year, analysts anticipate that the firm will report sales of $2.13 billion, with estimates ranging from $2.01 billion to $2.25 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover William Lyon Homes.

William Lyon Homes (NYSE:WLH) last posted its quarterly earnings data on Thursday, February 14th. The construction company reported $0.91 EPS for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.15). William Lyon Homes had a net margin of 4.39% and a return on equity of 9.94%. The company had revenue of $659.65 million for the quarter, compared to analyst estimates of $715.62 million. During the same period in the prior year, the company earned $0.89 EPS. The company’s revenue was up 5.6% compared to the same quarter last year.

A number of research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of William Lyon Homes from a “hold” rating to a “sell” rating in a research note on Tuesday, February 19th. Citigroup set a $15.00 price objective on shares of William Lyon Homes and gave the company a “hold” rating in a research note on Friday, February 15th.

Several large investors have recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of William Lyon Homes by 20.7% during the 3rd quarter. BlackRock Inc. now owns 5,956,832 shares of the construction company’s stock worth $94,654,000 after purchasing an additional 1,019,969 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of William Lyon Homes by 0.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,802,485 shares of the construction company’s stock worth $44,532,000 after purchasing an additional 16,462 shares during the period. Principal Financial Group Inc. grew its holdings in shares of William Lyon Homes by 79.1% during the 4th quarter. Principal Financial Group Inc. now owns 1,760,520 shares of the construction company’s stock worth $18,820,000 after purchasing an additional 777,409 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of William Lyon Homes by 180.2% during the 4th quarter. Bank of New York Mellon Corp now owns 1,448,137 shares of the construction company’s stock worth $15,480,000 after purchasing an additional 931,224 shares during the period. Finally, Seacliff Capital LLC purchased a new stake in shares of William Lyon Homes during the 4th quarter worth about $6,414,000. Institutional investors and hedge funds own 91.93% of the company’s stock.

Shares of NYSE WLH traded down $0.07 on Tuesday, reaching $15.16. 571,899 shares of the company traded hands, compared to its average volume of 488,798. William Lyon Homes has a fifty-two week low of $9.85 and a fifty-two week high of $29.81. The company has a debt-to-equity ratio of 1.30, a current ratio of 4.54 and a quick ratio of 0.08. The company has a market cap of $556.98 million, a P/E ratio of 6.26 and a beta of 1.65.

William Lyon Homes Company Profile

William Lyon Homes, together with its subsidiaries, designs, constructs, markets, and sells single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington, and Oregon. It sells its homes primarily to entry-level, and first-time and second-time move-up homebuyers, as well as to luxury home and active adult markets under the Village Homes and Polygon Northwest Homes brands through in-house commissioned sales personnel and outside brokers.

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Earnings History and Estimates for William Lyon Homes (NYSE:WLH)

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