William Lyon Homes (NYSE:WLH) – Stock analysts at Wedbush dropped their Q4 2017 earnings per share estimates for William Lyon Homes in a research note issued on Monday. Wedbush analyst J. Mccanless now expects that the construction company will post earnings of $0.84 per share for the quarter, down from their prior estimate of $0.85. Wedbush currently has a “Neutral” rating and a $27.00 target price on the stock. Wedbush also issued estimates for William Lyon Homes’ Q2 2018 earnings at $0.60 EPS, Q3 2018 earnings at $0.72 EPS, Q4 2018 earnings at $0.89 EPS and FY2018 earnings at $2.42 EPS.

William Lyon Homes (NYSE:WLH) last announced its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.04. The company had revenue of $490.34 million for the quarter, compared to analysts’ expectations of $486.57 million. William Lyon Homes had a net margin of 3.61% and a return on equity of 9.33%. William Lyon Homes’s revenue was up 43.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.34 EPS.

A number of other equities analysts have also recently issued reports on the stock. UBS started coverage on shares of William Lyon Homes in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $25.00 price target on the stock. Zelman & Associates upgraded shares of William Lyon Homes from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $27.88.

William Lyon Homes (NYSE WLH) opened at $28.39 on Tuesday. The stock has a market cap of $903.41, a PE ratio of 15.18 and a beta of 2.14. William Lyon Homes has a one year low of $16.37 and a one year high of $30.79. The company has a debt-to-equity ratio of 1.33, a current ratio of 10.77 and a quick ratio of 0.30.

In other William Lyon Homes news, major shareholder Gmt Capital Corp sold 26,100 shares of the company’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $28.82, for a total transaction of $752,202.00. Following the transaction, the insider now owns 3,731,610 shares in the company, valued at approximately $107,545,000.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Matthew R. Zaist sold 25,000 shares of the company’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $28.83, for a total transaction of $720,750.00. Following the transaction, the chief executive officer now owns 205,377 shares in the company, valued at approximately $5,921,018.91. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,100 shares of company stock worth $1,765,727. 22.30% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Arizona State Retirement System lifted its stake in William Lyon Homes by 0.8% during the 2nd quarter. Arizona State Retirement System now owns 12,300 shares of the construction company’s stock valued at $297,000 after acquiring an additional 100 shares during the period. Rhumbline Advisers lifted its stake in William Lyon Homes by 1.3% during the 2nd quarter. Rhumbline Advisers now owns 46,135 shares of the construction company’s stock valued at $1,114,000 after acquiring an additional 585 shares during the period. Thrivent Financial For Lutherans lifted its stake in William Lyon Homes by 6.4% during the 2nd quarter. Thrivent Financial For Lutherans now owns 14,130 shares of the construction company’s stock valued at $341,000 after acquiring an additional 850 shares during the period. Victory Capital Management Inc. lifted its stake in William Lyon Homes by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 5,896 shares of the construction company’s stock valued at $142,000 after acquiring an additional 884 shares during the period. Finally, Northern Trust Corp lifted its stake in William Lyon Homes by 0.3% during the 2nd quarter. Northern Trust Corp now owns 300,321 shares of the construction company’s stock valued at $7,249,000 after acquiring an additional 924 shares during the period. Institutional investors and hedge funds own 98.13% of the company’s stock.

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William Lyon Homes Company Profile

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.

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

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