Homebuilding
Search documents
Should Value Investors Buy Green Brick Partners (GRBK) Stock?
ZACKS· 2025-04-15 14:45
Core Insights - The article emphasizes the importance of value investing as a preferred strategy for identifying strong stocks in various market conditions [2] - Green Brick Partners (GRBK) is highlighted as a notable value stock, currently holding a Zacks Rank of 2 (Buy) and an A for Value [3][6] Valuation Metrics - The Price-to-Sales (P/S) ratio for GRBK is 1.2, significantly lower than the industry average of 1.85, indicating potential undervaluation [4] - GRBK's Price-to-Cash Flow (P/CF) ratio stands at 6.43, compared to the industry's average of 22.75, further suggesting that the stock may be undervalued based on its cash flow outlook [5] Earnings Outlook - The strong earnings outlook for GRBK, combined with its favorable valuation metrics, positions it as an impressive value stock at the moment [6]
LANDSEA HOMES SUPPORTING WILDFIRE REBUILDING EFFORTS WITH HOMEAID
Prnewswire· 2025-04-15 12:00
Core Points - Landsea Homes Corporation has initiated a dollar-for-dollar donation-matching partnership with HomeAid to support wildfire relief efforts in Los Angeles [1][2] - The partnership aims to provide stability and shelter for families affected by the wildfires, with Landsea Homes committed to matching all contributions to HomeAid [2][3] - HomeAid OCLA has been actively working on interim housing solutions for residents impacted by the wildfires, highlighting the collaboration with Landsea Homes as crucial for recovery efforts [3] Company Overview - Landsea Homes Corporation is a publicly traded residential homebuilder based in Dallas, Texas, focused on designing and building sustainable, high-performance homes across desirable markets in the U.S. [6][8] - The company has received recognition as Builder of the Year by Green Home Builder in 2023 and previously by BUILDER magazine in 2022, indicating a significant transformation and excellence in the homebuilding industry [7] - Landsea Homes is known for its innovative practices and commitment to creating communities that reflect modern living, allowing homebuyers to enjoy tailored living experiences [8][10] Community Engagement - Contributions to HomeAid have come from various trade partners, showcasing the industry's collaborative effort in supporting wildfire relief [4] - The company emphasizes the importance of helping families rebuild their lives and homes, reinforcing its commitment to community support [5][2] - HomeAid OCLA, founded in 1989, aims to improve the lives of those at risk of homelessness by creating dignified housing solutions, with 108 projects completed or in progress in Southern California [12]
LANDSEA HOMES ANNOUNCES TEXAS DIVISION SENIOR LEADERSHIP TEAM
Prnewswire· 2025-04-14 12:00
Core Insights - Landsea Homes Corporation has appointed Stewart Parker as President of its Austin and Dallas-Fort Worth divisions, along with Brandon Dickinson and Shawn Jeffcoat as Vice Presidents of Operations and Construction respectively, enhancing its leadership team in Texas [1][2]. Leadership Appointments - Stewart Parker brings over 25 years of experience in homebuilding, having previously served as National Vice President of Homebuilding Operations for Homebound, where he significantly expanded operations and managed disaster relief projects [2]. - Brandon Dickinson, with a background in national purchasing and community planning, has held leadership roles at Homebound and Toll Brothers, focusing on procurement and community development [3]. - Shawn Jeffcoat has experience overseeing construction operations for thousands of homesites at Brookfield Homes, where he improved operational efficiency by 65% [4]. Market Presence - Landsea Homes entered the Texas market in 2021 and established its corporate headquarters in Dallas in 2023, following the acquisition of Antares Homes, and is currently active in 24 communities in the Dallas-Fort Worth and Austin areas [5]. Company Overview - Landsea Homes is a publicly traded residential homebuilder focused on sustainable and high-performance homes, with operations in several states including Texas, California, and Florida [6]. - The company has received multiple awards, including Builder of the Year by Green Home Builder in 2023 and the prestigious Builder of the Year award from BUILDER magazine in 2022 [7]. Innovative Practices - Landsea Homes is recognized for pioneering innovative practices in homebuilding, offering a range of residential options from single-family homes to master-planned communities, aimed at enhancing modern living [8]. - The company's High Performance Homes incorporate advanced home automation technology and sustainability features, promoting energy efficiency and healthier living environments [9].
Analysts Estimate D.R. Horton (DHI) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-04-10 15:06
Core Viewpoint - The market anticipates a year-over-year decline in D.R. Horton's earnings due to lower revenues, with a focus on how actual results will compare to estimates [1][3]. Earnings Expectations - D.R. Horton is expected to report quarterly earnings of $2.69 per share, reflecting a year-over-year decrease of 23.6% [3]. - Revenues are projected to be $8.14 billion, down 10.6% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.16% lower in the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.23% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - A positive Earnings ESP combined with a Zacks Rank of 1, 2, or 3 has shown a nearly 70% success rate in predicting earnings surprises [8]. Historical Performance - In the last reported quarter, D.R. Horton exceeded the expected earnings of $2.40 per share by delivering $2.61, resulting in a surprise of +8.75% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - D.R. Horton does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors when making investment decisions ahead of the earnings release [16].
LGI Homes Opens New Community in Mint Hill, NC
Globenewswire· 2025-04-09 12:00
Core Insights - LGI Homes, Inc. has announced the grand opening of Ascot Woods, a new community in Mint Hill, North Carolina, aimed at providing homebuyers with upgraded homes in a suburban setting [1] - The community features spacious 3 and 4-bedroom homes with modern layouts and desirable upgrades, including energy-efficient appliances and programmable thermostats [2] - Ascot Woods offers convenient access to downtown Charlotte and nearby amenities, enhancing the appeal for potential residents [3][4] Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [6] - The company is recognized for its quality construction and exceptional customer service, earning accolades such as being named to Newsweek's list of the World's Most Trustworthy Companies [6] - LGI Homes has a commitment to excellence, reflected in its numerous workplace awards, including the Top Workplaces USA 2024 Award [6]
Toll Brothers at RiversEdge Now Open for Sale in Jacksonville, Florida
Newsfilter· 2025-04-08 15:30
Core Insights - Toll Brothers, Inc. has launched a new luxury townhome community named Toll Brothers at RiversEdge in Jacksonville, Florida, which is now open for sale [1][2] Group 1: Product Offering - The community features three-story townhomes with 2 to 4 bedrooms, 3.5 baths, private 2-car garages, rooftop terraces, and optional elevators, with prices starting at $694,995 [2] - Home designs include spacious, open-concept floor plans with extensive personalization options and scenic wooded and riverfront views [2] Group 2: Community Features - Residents will have access to the Southbank Riverwalk Extension, which includes walking paths, restaurants, shopping districts, and outdoor recreation [4] - The RiversEdge master plan aims to transform the Southbank of the St. Johns River into a vibrant waterfront destination, featuring public parks, luxury apartments, townhomes, retail and office spaces, and a large marina [4] Group 3: Company Background - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the United States, founded in 1967 and publicly traded since 1986 [7] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of housing options for different buyer segments [7][8] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [9]
Toll Brothers Announces Final Opportunity at its Volara Community in Valencia, California
GlobeNewswire News Room· 2025-04-04 16:00
Core Insights - Toll Brothers, Inc. announces the final opportunity to purchase new homes at Volara, a luxury community in Valencia, California, with only five homes remaining available [1][2] Company Overview - Toll Brothers is the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986, listed on the NYSE under the symbol "TOL" [9] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a range of homes for various buyer segments [9] Community Features - Volara features two-story single-family homes with 5 bedrooms, 4.5 to 5.5 bathrooms, and 2-car garages, with sizes up to 4,045+ square feet [4] - Homes are priced starting at $1,774,995 and include luxury designs such as open floor plans, second-floor primary suites, and outdoor living spaces [4] Lifestyle and Amenities - Residents of Volara will have access to community amenities including pools, playgrounds, and outdoor barbecue areas, as well as a planned trail system for hiking and biking [6] - The community is located near major cities like Burbank, Hollywood, and Pasadena, providing a desirable living environment [4] Sales Opportunities - Quick move-in homes are available, allowing buyers to personalize their homes at the Toll Brothers Design Studio [5] - The company encourages home shoppers to visit the model home and explore available options [2]
Toll Brothers at Woodhavyn New Home Community is Coming Soon to Magnolia, Texas
Newsfilter· 2025-04-04 15:00
Core Insights - Toll Brothers, Inc. has announced the upcoming launch of Toll Brothers at Woodhavyn, a new luxury home community in Magnolia, Texas, which will feature modern home designs and proximity to amenities [1][4] Group 1: Community Features - The new community will consist of spacious 60-foot-wide home sites with six different one- and two-story designs, ranging from 3,078 to over 3,634 square feet [2] - Homes will include 4 to 5 bedrooms and 3 to 4.5 baths, featuring architectural details such as cathedral ceilings and spiral staircases [2] - Pricing for homes in Toll Brothers at Woodhavyn will start from the low $500,000s [2] Group 2: Amenities and Location - Residents will have access to the upcoming Havyn Amenity Village, which will include a luxurious pool, community center, parks, playgrounds, and scenic trails [4] - The community is located within the highly rated Magnolia Independent School District, which includes several top schools [4] - Toll Brothers at Woodhavyn is conveniently situated near major highways and the vibrant offerings of The Woodlands [4] Group 3: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and has been in operation for 58 years, becoming a public company in 1986 [6] - The company operates in over 60 markets across 24 states and the District of Columbia, providing a range of housing options for various buyer segments [7] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [8]
LGI Homes Opens Two New Communities in Houston, Texas
Newsfilter· 2025-04-04 12:00
HOUSTON, April 04, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) is excited to announce the grand opening of two new communities in the Houston area: Canterra Creek in Iowa Colony and Trails at Cochran Ranch in Waller. Both communities offer a selection of newly constructed homes with built-in upgrades, providing an affordable and convenient path to homeownership in desirable locations. Canterra Creek – Iowa Colony, TX Located just 15 miles from Pearland, Canterra Creek offers homebuyers a choice o ...
Terrata Homes Opens First Community in Nashville
Newsfilter· 2025-04-02 12:00
Core Insights - LGI Homes, Inc. has launched its first Terrata Homes branded community, Springbrook Reserve, in the Nashville market, offering upgraded homes designed for enhanced living [1][2]. Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [7]. - The company is recognized for its quality construction and exceptional customer service, earning accolades such as being named to Newsweek's list of the World's Most Trustworthy Companies [7]. Community Features - Springbrook Reserve features a variety of amenities including a private neighborhood park, walking trails, picnic areas, and a community fire pit, making it an ideal location for families [2][5]. - The homes in Springbrook Reserve range from approximately 1,700 to over 2,700 square feet, with prices starting in the high-$400s [6]. Home Design and Specifications - The homes at Springbrook Reserve include open-concept layouts with up to five bedrooms, large living areas, and luxurious upgrades such as stainless steel appliances and granite countertops [4][6]. - Each home is designed with attention to detail, featuring large covered outdoor living spaces, vaulted ceilings, and professional landscaping [3][4]. Future Expansion - LGI Homes plans to continue expanding the Terrata Homes brand in the Nashville area with additional communities expected to open soon [5].