24/7 Market News Snapshot 13 May, 2025 – Landsea Homes Corporation Common Stock (NASDAQ:LSEA)
DENVER, Colo., 13 May, 2025 (www.247marketnews.com) – (NASDAQ:LSEA) are discussed in this article.
Landsea Homes Corporation is witnessing a significant bullish shift in its stock performance, with shares soaring over 60% in pre-market trading to reach $11.225, up from the previous close of $7.015. This surge reflects strong investor enthusiasm and substantial market interest, evidenced by a trading volume of 1.74 million shares. Analysts suggest monitoring LSEA’s trading patterns, as this upward momentum may signify a broader positive sentiment within the housing sector.
In parallel, Landsea Homes has released its financial results for the first quarter ending March 31, 2025, reporting home sales revenue of $299.4 million, a 2.3% increase compared to the prior year. The company delivered 643 homes during the quarter, marking a remarkable 27.3% rise in new home deliveries. The demand for new housing is underscored by a 11.1% increase in net new home orders, which totaled 679 homes valued at approximately $317.8 million.
While the company experienced a net loss of $7.1 million, translating to a $0.20 loss per share, an analysis of adjusted figures reflects a reduced net loss of $1.7 million, aligning with long-term growth aspirations. The company’s adjusted gross margin improved to 20.0%, a 60 basis point enhancement from the previous year, demonstrating effective cost management amid economic pressures.
Landsea, committed to an asset-light strategy, now holds over 10,500 lots, emphasizing its focus on sustainable homebuilding with award-winning designs that integrate advanced energy-efficient technology. The company maintains a robust liquidity position of $256.3 million, reinforcing its optimistic outlook on capitalizing on future growth opportunities within the housing market. Upcoming discussions on these results in a conference call scheduled for May 13, 2025, will further engage stakeholders as Landsea continues to innovate and expand its footprint in residential construction.