Landsea Homes Corporation (LSEA): A Bull Case Theory
From Yahoo Finance: 2025-05-30 00:44:00
Landsea Homes Corporation (LSEA) is trading at $11.28 with trailing and forward P/E at 43.38 and 15.46 respectively. Activist investor Mill Road Capital holds a 6.5% stake in LSEA and has nominated three directors for the upcoming AGM, urging a potential sale to unlock value. Home deliveries surged 60% in Q4 2023, with more growth expected in 2025. Despite high leverage, LSEA shows strong performance momentum. Hedge funds holding LSEA decreased to 16 in Q1 from 23 in the previous quarter, indicating mixed sentiment among investors.
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