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Toll Brothers Opens Two New Collections at Overlook at Lenox Park in Brookhaven, Georgia
Globenewswire· 2025-07-18 17:58
Core Insights - Toll Brothers, Inc. has launched two new collections of luxury townhomes at Overlook at Lenox Park in Brookhaven, Georgia, with sales now open [1][2] Group 1: Product Offerings - The Briarwood Collection features three-story townhomes with 3 bedrooms, 3.5 bathrooms, and 2-car garages, priced from the mid-$900,000s [2] - The Skyland Collection offers modern four-story townhomes with 3 to 4 bedrooms, 4 to 4.5 bathrooms, and 2-car garages, including rooftop terraces and private elevators [2] Group 2: Customer Experience - Toll Brothers provides a state-of-the-art Design Studio for home personalization, allowing customers to select from a wide array of options with professional assistance [4] - The community includes luxury amenities such as a serene pool, cabana, pavilion, and common spaces for socializing and relaxation [5] Group 3: Location and Accessibility - Overlook at Lenox Park is situated near Atlanta's best shopping, dining, and entertainment in Buckhead, as well as major commuter routes including the Downtown Connector [5] Group 4: Company Background - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the United States, operating in over 60 markets across 24 states [8] - The company has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [9]
NVR Is Set to Report Q2 Earnings: What's in Store for the Stock?
ZACKS· 2025-07-18 16:16
Key Takeaways NVR is expected to report an 11.9% drop in Q2 EPS and a 5.8% decline in revenues year over year. Soft homebuyer demand and high mortgage rates weighed on Q2 settlements and average selling price. NVR's Q2 gross margin is projected to fall 150 bps, with SG&A expenses rising 2.7% in homebuilding.NVR, Inc. (NVR) is expected to report lower earnings in the second quarter of 2025. Homebuilding revenues are also likely to have decreased on a year-over-year basis, given soft demand, elevated invent ...
Here's What Investors Must Know Ahead of PulteGroup's Q2 Earnings
ZACKS· 2025-07-18 13:56
Core Viewpoint - PulteGroup Inc. is expected to report a decline in earnings and revenues for the second quarter of 2025, primarily due to ongoing affordability challenges in the housing market and high mortgage rates impacting homebuyers [1][2][3]. Revenue Summary - The Zacks Consensus Estimate for Q2 2025 EPS has decreased to $2.93, reflecting an 18.2% decline from the previous year's EPS of $3.58 [2]. - Revenue is projected at $4.39 billion, indicating a 4.5% year-over-year decline [2]. - Home closings are expected to be between 7,400 and 7,800 units, down from 8,097 units a year ago, with a predicted decline of 6.6% year over year to 7,561 units [3][4]. Segment Performance - Homebuilding revenues, which contributed 97.4% to total revenues in Q1 2025, are expected to decrease by 4.3% year over year to $4.3 billion due to lower home closings [4]. - Financial services revenues, contributing 2.6% to total revenues in Q1, are expected to increase by 1.4% year over year to $113.2 million [4]. Pricing and Margins - The average selling price (ASP) for homes is expected to rise between $560,000 and $570,000, compared to $549,000 a year ago, with a predicted increase of 2.4% year over year to $562,200 [5][6]. - Gross margin is anticipated to shrink to 26.7% from 29.9% last year, impacted by higher buyer incentives and cost pressures [6][7]. Orders and Backlogs - Net new orders are expected to increase by 2.1% year over year to 7,811 units, while total backlog is projected to decline by 10.8% to 11,585 units, with the total backlog value decreasing by 7.3% year over year to $7.51 billion [8]. Earnings Prediction - The model indicates that PulteGroup may not achieve an earnings beat this quarter, with an Earnings ESP of -1.27% and a Zacks Rank of 4 (Sell) [9].
X @Bloomberg
Bloomberg· 2025-07-18 12:46
US housing starts rebounded in June on the strength of multifamily building, while weakness in the larger single-family market pointed to ongoing struggles with bloated inventories and affordability constraints https://t.co/TBLVg7vGte ...
Toll Brothers Announces New Luxury Home Community Coming Soon to Bulverde, Texas
Globenewswire· 2025-07-17 17:30
BULVERDE, Texas, July 17, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest San Antonio-area community, Toll Brothers at Thornebrook, is coming soon to Bulverde, Texas. This Toll Brothers community, located at 1018 Rapidan Lane in Bulverde, is expected to open for sale in fall 2025. This exclusive gated neighborhood by Toll Brothers will offer modern single-family home designs on expansive one-acre home sites. Homes will feature ...
Toll Brothers Announces New Phase of Luxury Home Sites in Point Hope Community in Charleston, South Carolina
Globenewswire· 2025-07-17 17:25
New community offers coastal contemporary home designs and extensive amenitiesCHARLESTON, S.C., July 17, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its Point Hope community in Charleston, South Carolina has released a new phase of home sites. Located within the City of Charleston and just minutes from Daniel Island, Mount Pleasant, and Interstate 526, Point Hope features a stunning Lowcountry setting combined with exceptional amenit ...
Century Complete Announces New Home Phase in Celebrated Central Florida Development
Prnewswire· 2025-07-17 15:15
Accessibility StatementSkip Navigation Century Complete's new phase at Scenic Terrace includes two additional collections (The Cottages and The Enclave), now selling on the north side of the development in Haines City. The Company is also still selling at its first two Scenic Terrace home collections (The Grove and The Meadows), located on the south side of the development in Lake Hamilton. The south side of the community currently has a model open for tour—with a new model park slated to open later this fa ...
X @Bloomberg
Bloomberg· 2025-07-17 14:11
Confidence among US homebuilders in July edged up from a more than two-year low, though a growing share of companies are cutting prices to nudge buyers off the sidelines https://t.co/yFoIGf8yDf ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Meritage (MTH)
ZACKS· 2025-07-17 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Meritage Homes (MTH) Analysis - Meritage Homes (MTH) has shown a four-week price change of 12.7%, indicating strong investor interest [4] - The stock has gained 3.2% over the past 12 weeks and has a beta of 1.37, suggesting it moves 37% more than the market [5] - MTH has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] - The stock has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [7] - MTH is trading at a Price-to-Sales ratio of 0.80, suggesting it is undervalued at 80 cents for each dollar of sales [7] Group 3: Investment Opportunities - MTH is highlighted as a strong candidate for investment, with potential for further price appreciation [8] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, providing further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [9]