SGBX stock icon

Safe & Green Holdings

0.6062 USD
-0.0124
2.00%
At close Nov 15, 4:00 PM EST
After hours
0.6637
+0.0575
9.49%
1 day
-2.00%
5 days
-16.35%
1 month
-45.88%
3 months
-39.38%
6 months
-84.38%
Year to date
-93.56%
1 year
-92.45%
5 years
-99.57%
10 years
-99.97%
 

About: Safe & Green Holdings Corp is a modular solutions company. The company currently provides modules made out of both code-engineered cargo shipping containers and wood for use as both permanent or temporary structures for residential housing use and commercial use, including for health care facilities. It operates in four segments: construction services; medical; real estate development; and environmental. The company generates the majority of its revenue from the Construction segment includes the company's manufacturing unit SG ECHO and other modules projects.

Employees: 15

0
Funds holding %
of 6,704 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 1

9.04% less ownership

Funds ownership: 15.65% [Q2] → 6.61% (-9.04%) [Q3]

13% less funds holding

Funds holding: 8 [Q2] → 7 (-1) [Q3]

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

79% less capital invested

Capital invested by funds: $606K [Q2] → $128K (-$478K) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for SGBX.

Financial journalist opinion

Based on 3 articles about SGBX published over the past 30 days

Neutral
GlobeNewsWire
3 months ago
Safe & Green Holdings Reports Second Quarter 2024 Results and Provides a Business Update
Gross profit increases over four-fold; operating expenses reduced 48% Reports record sales pipeline in excess of $25 million On track to achieve positive cash flow before year-end MIAMI, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, reported results for the three months ended June 30, 2024. Key Highlights: Record sales pipeline in excess of $25 million and positive outlook for H2 2024 Gross profit margin in Q2 2024 increased to 12.7% compared to 0.7% for Q2 2023 Operating expenses declined by $2.7 million in Q2 2024 versus the same period last year Company reaffirms guidance it is on track to achieve positive cash flow before year-end Received a term sheet from a premier lender to refinance the Waldron facility on favorable terms; expected to provide non-dilutive working capital Expected receipt of Employee Retention Tax Credit (ERTC) payment within the next year, which would provide $1.4 million of non-dilutive working capital Promoted David Cross to Executive Vice President of SG Echo, LLC Completed 2024 annual audit by International Code Council (ICC) Evaluation Service and granted recertification of ESR for certification and use of shipping containers in modular construction Expanded agreement to manufacture seven additional container-based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market Granted an expanded contract, valued in excess of $1 million, to construct an additional 11 container modules and related services for a government contractor to be used by a major U.S. government agency Paul Galvin, Chairperson and Chief Executive Officer of Safe & Green Holdings commented, “We continue to execute our business strategy with a focus on profitable revenue growth and operational efficiency.
Safe & Green Holdings Reports Second Quarter 2024 Results and Provides a Business Update
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