HCDI - Harbor Custom Development, Inc. Stock Price, Fair Value and News

0.06USD+0.01 (+20.00%)Delayed

Market Summary

USD0.06+0.01

Delayed

20.00%

HCDI Stock Price

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HCDI RSI Chart

HCDI Valuation

Market Cap

214.9K

Price/Earnings (Trailing)

Price/Sales (Trailing)

EV/EBITDA

0.05

Price/Free Cashflow

-0.03

HCDI Price/Sales (Trailing)

HCDI Profitability

Operating Margin

-86.80%

EBT Margin

-108.05%

Return on Equity

-809.38%

Return on Assets

-41.15%

Free Cashflow Yield

-3.8K%

HCDI Fundamentals

HCDI Revenue

Revenue (TTM)

59.3M

Rev. Growth (Yr)

414.65%

Rev. Growth (Qtr)

346.05%

HCDI Earnings

Earnings (TTM)

-68.6M

Earnings Growth (Yr)

-286.21%

Earnings Growth (Qtr)

-124.94%

Breaking Down HCDI Revenue

Last 7 days

33.3%

Last 30 days

-42.9%

Last 90 days

-91.5%

Trailing 12 Months

-98.9%

How does HCDI drawdown profile look like?

HCDI Financial Health

HCDI Investor Care

Shares Dilution (1Y)

273.56%

Diluted EPS (TTM)

-39.74

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	36.0M	45.6M	39.4M	59.3M
2022	87.1M	83.2M	77.0M	55.4M
2021	55.3M	60.1M	70.3M	72.4M
2020	35.8M	40.7M	45.5M	50.4M
2019	0	0	0	31.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Harbor Custom Development, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 26, 2023	brown lance	sold (taxes)	-815	3.96	-206	chief financial officer
May 26, 2023	brown lance	acquired	-	-	583	chief financial officer
May 26, 2023	griffin sterling	acquired	-	-	1,667	president/ceo
May 26, 2023	habersetzer jeffrey	acquired	-	-	583	coo/secretary
May 08, 2023	brown lance	sold (taxes)	-760	5.14	-148	chief financial officer
May 08, 2023	brown lance	acquired	-	-	417	chief financial officer
Feb 08, 2023	brown lance	sold (taxes)	-	-	-2,929	chief financial officer
Nov 08, 2022	brown lance	sold (taxes)	-	-	-9,938	chief financial officer
Jun 15, 2022	walker walter frederick	bought	15,016	15.0169	1,000	-
Jun 14, 2022	walker walter frederick	bought	10,014	1.6691	6,000	-

Which funds bought or sold HCDI recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	sold off	-100	-17,597	-	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-	-	-%
Feb 15, 2024	MERCER GLOBAL ADVISORS INC /ADV	new	-	-	-	-%
Feb 15, 2024	MERCER GLOBAL ADVISORS INC /ADV	new	-	-	-	-%
Feb 15, 2024	GTS SECURITIES LLC	sold off	-100	-114	-	-%
Feb 14, 2024	Shay Capital LLC	sold off	-100	-248	-	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-	-	-%
Feb 14, 2024	SABBY MANAGEMENT, LLC	sold off	-100	-231,968,000	-	-%
Feb 14, 2024	CLEAR STREET LLC	new	-	-	-	-%
Feb 14, 2024	CLEAR STREET LLC	added	8.3	-	-	-%

Are Funds Buying or Selling HCDI?

Are funds buying HCDI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HCDI

No. of Funds

Unveiling Harbor Custom Development, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cutler capital management, llc	5.9%	145,949	SC 13G/A
Jan 04, 2024	bard associates inc	0.0%	-	SC 13G/A
Dec 18, 2023	griffin sterling	961%	133,287	SC 13G/A
Sep 08, 2023	cutler capital management, llc	6.1%	151,839	SC 13G/A
May 11, 2023	fundenberger matthew alexander	5.00%	190,000	SC 13G
Feb 14, 2023	cutler capital management, llc	18.5%	3,258,316	SC 13G/A
Feb 06, 2023	bard associates inc	9.9%	1,581,713	SC 13G/A
Apr 11, 2022	tiburon opportunity fund, l.p.	11.88%	2,039,940	SC 13G
Apr 07, 2022	cutler capital management, llc	19.5%	3,204,492	SC 13G/A
Feb 15, 2022	cutler capital management, llc	12%	-	SC 13G

Recent SEC filings of Harbor Custom Development, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	S-8 POS	Employee Benefits Plan
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	POS AM	POS AM
Apr 22, 2024	RW	RW

Peers (Alternatives to Harbor Custom Development, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSGP	34.2B	2.5B	-5.09%	25.61%	116.14	13.52	12.27%	-19.89%
CBRE	26.6B	31.9B	-9.27%	24.41%	26.98	0.83	3.64%	-29.92%
Z	10.0B	1.9B	-12.15%	2.92%	-63.51	5.16	-0.66%	-56.44%
MID-CAP
JLL	8.6B	20.8B	-5.29%	41.86%	37.99	0.41	-0.49%	-65.56%
JOE	3.2B	404.1M	3.20%	43.50%	39.45	7.93	55.15%	19.63%
DBRG	2.7B	821.4M	-9.79%	45.48%	14.71	3.32	18.22%	157.58%
CWK	2.2B	9.5B	-4.78%	7.05%	-61.39	0.23	-6.06%	-118.02%
SMALL-CAP
EXPI	1.5B	4.3B	2.68%	-10.12%	-171.85	0.36	-6.90%	-158.11%
ARL	224.7M	50.5M	-23.23%	-24.93%	56.62	4.45	34.51%	-98.94%
AXR	110.7M	44.5M	-8.31%	37.65%	49.66	2.49	-24.76%	-93.06%
CHCI	61.7M	44.7M	25.44%	46.68%	7.93	1.38	13.76%	5.95%
ASPS	44.5M	145.1M	-2.65%	-49.31%	-0.85	0.31	-5.22%	2.46%

Harbor Custom Development, Inc. News

Latest updates

Harbor Custom Development, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	346.1%	24,694,850	5,536,300	19,844,500	9,181,000	4,798,350	11,748,500	10,286,400	28,581,000	26,335,500	18,010,600	14,132,400	13,874,200	24,319,700	7,806,500	8,873,750	9,941,000	-
Cost Of Revenue	356.4%	62,915,800	13,786,500	22,764,200	11,225,400	9,811,400	11,310,800	12,218,300	22,526,300	15,481,100	10,866,200	10,805,100	13,267,000	23,945,700	7,183,900	7,436,000	9,828,200	-
Gross Profit	-363.3%	-38,220,950	-8,250,200	-2,919,700	-2,044,400	-5,013,050	437,700	-1,931,900	6,054,700	10,854,400	7,144,400	3,327,300	607,200	374,000	622,600	893,800	112,800	-
Operating Expenses	-14.0%	2,053,200	2,387,100	2,378,500	2,935,400	4,220,500	4,523,800	3,654,100	3,839,300	3,511,900	3,322,100	2,267,800	2,049,800	1,724,000	1,458,200	1,282,300	1,029,400	-
EBITDA Margin	-24.8%	-1.03	-0.83	-0.56	-0.71	-0.33	0.02	0.11	0.18	0.16	0.05	-0.02	-0.06	-0.05	0.01	-	-	-
Interest Expenses	5.6%	444,200	420,700	530,600	1,207,100	713,200	565,800	356,500	124,500	-49,200	115,100	85,300	98,100	128,700	163,900	18,700	71,600	-
Income Taxes	-100.0%	-	7,241,700	-1,374,800	-1,277,500	-2,520,350	-1,067,800	-1,378,600	508,500	1,766,900	-	-	-	678,300	-571,600	39,900	-29,800	-
Earnings Before Taxes	-272.6%	-41,106,700	-11,032,900	-5,750,800	-6,139,300	-13,163,950	-4,482,600	-5,887,700	2,153,800	7,395,100	3,708,400	1,069,400	-1,549,200	-1,235,500	-1,011,900	-394,200	-1,003,700	-
EBT Margin	-17.9%	-1.08	-0.92	-0.65	-0.82	-0.39	-0.01	0.09	0.16	0.15	0.03	-0.05	-0.08	-0.07	-0.01	-	-	-
Net Income	-124.9%	-41,106,700	-18,274,600	-4,376,000	-4,861,800	-10,643,600	-3,414,800	-4,509,100	1,645,300	5,628,200	3,708,400	1,069,400	-1,549,200	-1,913,800	-440,300	-434,100	-973,900	1,779,400
Net Income Margin	-19.5%	-1.16	-0.97	-0.51	-0.65	-0.30	-0.01	0.08	0.14	0.12	0.02	-0.05	-0.08	-0.07	0.00	-	-	-
Free Cashflow	330.0%	12,551,400	-5,457,300	-3,660,000	-11,634,100	-27,114,500	-32,125,700	-26,836,200	-10,443,700	-7,224,000	-18,239,500	-44,640,200	-17,065,700	12,869,600	-7,036,900	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																		(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	-25.6%	166,751	223,981	236,899	241,969	236,166	227,388	208,305	184,519	169,700	128,019	109,711	56,049	33,618	45,594	40,984	36,373	31,762	21,266
Cash Equivalents	-55.6%	3,575	8,051	8,330	7,690	9,665	14,306	22,613	22,873	26,227	5,385	12,786	9,047	2,397	2,352	-	-	430	82.00
Net PPE	-4.4%	1,611	1,684	-	-	2,290	-	-	-	9,200	9,133	8,439	8,705	8,176	6,698	-	-	5,072	2,529
Liabilities	-8.3%	158,273	172,529	165,292	173,095	160,611	139,326	115,044	84,897	69,962	64,951	49,905	25,949	27,203	37,371	35,909	34,448	32,987	21,850
Shareholder's Equity	-83.5%	8,478	51,453	71,607	68,874	75,556	88,062	93,261	99,622	99,738	63,068	59,806	30,100	6,415	8,224	-	-	-	205
Retained Earnings	-74.7%	-100,561	-57,550	-37,372	-31,092	-24,327	-11,779	-6,461	-12.30	1,647	-2,028	-	-	-4,487	-	-	-	-	-
Additional Paid-In Capital	-29.6%	3,097	4,402	6,357	1,350	1,266	1,225	1,106	993	753	669	484	368	235	130	-	-	119	112
Shares Outstanding	15.3%	2,686	2,329	1,802	719	719	693	681	660	658	718	745	663	282	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-1,291	-1,291	-1,291	-1,289	-1,289	-1,288	-	-	-1,060	-789
Float	-	-	-	5,000	-	-	-	15,600	-	-	-	39,800	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Cashflow From Operations	330.0%	12,551	-5,457	-3,660	-11,634	-26,276	-32,059	-26,137	-9,401	-6,856	-18,036	-44,614	-16,916	12,877	-6,957	-89.40	-2,811	-	-	-
Share Based Compensation	52.8%	36.00	24.00	75.00	83.00	42.00	119	112	242	84.00	185	116	115	105	10.00	-	-	-	-	-
Cashflow From Investing	-225.9%	-27.70	-8.50	126	129	4,081	-67.90	-503	-1,042	-367	-203	-26.00	-79.60	650	106	-316	140	-	-	-
Cashflow From Financing	-428.6%	-17,044	5,187	4,175	9,530	18,153	23,820	26,381	7,089	28,066	10,839	48,379	23,647	-13,481	8,871	237	2,743	-	-	-
Dividend Payments	-	-	-	-	635	1,904	1,904	1,976	2,013	1,493	561	-	-	-	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	438	-	5,000	-	-	-	-	-	-	-	-	-	-

HCDI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Sales	$ 59,256,700	$ 55,414,300
Cost of Sales	110,691,900	55,866,800
Gross Loss	(51,435,200)	(452,500)
Operating Expenses	9,754,200	16,237,700
Operating Loss	(61,189,400)	(16,690,200)
Other Income (Expense)
Interest Expense	(2,602,600)	(1,760,000)
Interest Income	151,000	465,600
Loss on Sale of Equipment	(47,700)	(3,433,800)
Other Income	51,500	38,000
Total Other Expense	(2,447,800)	(4,690,200)
Bankruptcy Expense	392,500
Loss Before Income Tax	(64,029,700)	(21,380,400)
Income Tax Expense (Benefit)	4,589,400	(4,458,200)
Net Loss	(68,619,100)	(16,922,200)
Net Loss Attributable to Non-controlling interests		(500)
Preferred Dividends	(7,614,800)	(7,759,900)
Net Loss Attributable to Common Stockholders	$ (76,233,900)	$ (24,681,600)
Loss Per Share - Basic	$ (39.19)	$ (35.29)
Loss Per Share - Diluted	$ (39.19)	$ (35.29)
Weighted Average Common Shares Outstanding - Basic	1,945,233	699,490
Weighted Average Common Shares Outstanding - Diluted	1,945,233	699,490

HCDI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash	$ 3,574,500	$ 9,665,300
Restricted Cash	597,600	597,600
Accounts Receivable, net	279,800	1,707,000
Note Receivable, net	950,000	4,525,300
Prepaid Expense and Other Assets	1,250,900	5,318,100
Real Estate	156,738,400	205,478,200
Property and Equipment, net	1,610,500	2,289,500
Right of Use Assets	1,749,200	1,926,100
Deferred Tax Asset, net		4,659,300
TOTAL ASSETS	166,750,900	236,166,400
LIABILITIES
Accounts Payable and Accrued Expenses	5,945,900	14,090,700
Dividends Payable		634,700
Contract Liabilities	25,300	497,400
Deferred Revenue	49,900	52,000
Note Payable - Insurance	529,300	378,500
Revolving Line of Credit Loan, net of Unamortized Debt Discount of $0 and $0.6 million respectively	14,178,700	24,359,700
Equipment Loans		2,057,100
Finance Leases		154,500
Right of Use Liabilities		2,779,400
Total Liabilities Not Subject to Compromise	146,051,400	160,610,500
Liabilities Subject to Compromise	12,221,500
TOTAL LIABILITIES	158,272,900	160,610,500
COMMITMENTS AND CONTINGENCIES - SEE NOTE 14
STOCKHOLDERS’ EQUITY
Preferred Stock, no par value per share, 10,000,000 shares authorized and 3,799,799 issued and outstanding at December 31, 2023 and December 31, 2022	62,912,100	62,912,100
Common Stock, no par value per share, 50,000,000 shares authorized and 2,686,431 issued and outstanding at December 31, 2023 and 718,835 issued and outstanding at December 31, 2022	43,030,200	35,704,700
Additional Paid In Capital	3,096,800	1,266,300
Accumulated Deficit	(100,561,100)	(24,327,200)
TOTAL STOCKHOLDERS’ EQUITY	8,478,000	75,555,900
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	166,750,900	236,166,400
Nonrelated Party [Member]
LIABILITIES
Construction Loans - Related Parties, net of Unamortized Debt Discount of $0 and $0.1 million respectively	125,322,300	107,483,700
Related Party [Member]
LIABILITIES
Construction Loans - Related Parties, net of Unamortized Debt Discount of $0 and $0.1 million respectively		$ 8,122,800

About Harbor Custom Development, Inc.

Harbor Custom Development, Inc. operates as a real estate development company in Washington, California, Texas, and Florida. The company is involved in land development cycle, which includes land acquisition, entitlement, development, and construction of project infrastructure; single and multi-family vertical construction; and marketing and sale of various residential projects. It also undertakes projects, such as residential lots, home communities, townhomes, and multi-story apartment properties. The company was formerly known as Harbor Custom Homes, Inc. and changed its name to Harbor Custom Development, Inc. in August 2019. Harbor Custom Development, Inc. was incorporated in 2014 and is headquartered in Tacoma, Washington.

CEO	Mr. Jeffrey B. Habersetzer
WEBSITE	harborcustomdev.com
INDUSTRY	Real Estate Services
EMPLOYEES	41

Harbor Custom Development, Inc. Frequently Asked Questions

What is the ticker symbol for Harbor Custom Development, Inc.? What does HCDI stand for in stocks?

HCDI is the stock ticker symbol of Harbor Custom Development, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Harbor Custom Development, Inc. (HCDI)?

As of Sun Mar 31 2024, market cap of Harbor Custom Development, Inc. is 214.91 Thousand. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HCDI stock?

You can check HCDI's fair value in chart for subscribers.

What is the fair value of HCDI stock?

You can check HCDI's fair value in chart for subscribers. The fair value of Harbor Custom Development, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Harbor Custom Development, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HCDI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Harbor Custom Development, Inc. a good stock to buy?

The fair value guage provides a quick view whether HCDI is over valued or under valued. Whether Harbor Custom Development, Inc. is cheap or expensive depends on the assumptions which impact Harbor Custom Development, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HCDI.

What is Harbor Custom Development, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Sun Mar 31 2024, HCDI's PE ratio (Price to Earnings) is 0 and Price to Sales (PS) ratio is 0. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HCDI PE ratio will change depending on the future growth rate expectations of investors.