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Jim Cramer Says “Other Than Toll Brothers, I Think I Like Lennar Second Best”
Yahoo Finance· 2025-12-16 20:41
Lennar Corporation (NYSE:LEN) is one of the stocks on Jim Cramer’s game plan this week. Cramer highlighted that he likes it “second best” among home builders, as he commented: “… New York Fed President John Williams is going to comment… And you better believe he’ll talk about whether or not we need more rate cuts, in face of the persistently high inflation that we have. That’s all people are going to talk about, even if it overshadows the results from one of the biggest home builders, Lennar, which is lat ...
Toll Brothers Announces New Luxury Community Coming Soon to La Mirada, California
Globenewswire· 2025-12-16 18:58
LA MIRADA, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest Southern California community, Vista Ventana, is coming soon to La Mirada, California. The community will offer 42 luxurious townhome-style condominiums in an intimate setting. Site work is underway, and the community is anticipated to open for sale in summer 2026. Vista Ventana will offer five modern two- and three-story home designs with open-concept ...
Toll Brothers Announces Model Home Grand Opening at Longleaf Crest in Holly Springs, North Carolina
Globenewswire· 2025-12-16 18:47
Luxurious new single-family home community located in a serene, wooded setting offers available quick move-in homesHOLLY SPRINGS, N.C., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of its new model home at its Longleaf Crest community in Holly Springs, North Carolina. The new Dunmore model home features modern interior design with a harmonious blend of contemporary simplicity and thoughtfully crafted spaces. ...
AMREP Stock Dips Post Q2 Earnings as Land Sales Slide, Margins Improve
ZACKS· 2025-12-16 18:16
Core Viewpoint - AMREP Corporation (AXR) has experienced significant declines in both net income and revenue for the second quarter of fiscal 2026, primarily due to a sharp drop in land sale revenues, while home sale revenues showed improvement [2][4][8]. Financial Performance - For Q2 fiscal 2026, AMREP reported a net income of $1.2 million, or $0.22 per diluted share, a 70.3% decrease from $4 million, or $0.75 per diluted share, in the same quarter last year [2]. - Revenue for the quarter fell 21.1% year over year to $9.4 million from $11.9 million [2]. - For the first six months of fiscal 2026, net income totaled $5.9 million, or $1.09 per diluted share, down 27.3% from $8.1 million, or $1.51 per diluted share, in the prior-year period, while revenue declined 12.1% to $27.3 million from $30.9 million [3]. Segment Performance - Land sale revenues plummeted 85.9% in Q2 and 45.3% for the six-month period, attributed to fewer land transactions [4]. - Home sale revenues increased by 44.8% in Q2 and 20.7% for the six months, driven by a higher number of homes sold [4]. - Other revenues, including landscaping and rental-related income, rose 18.6% in Q2 and 11.6% for the six-month period [4]. Profitability Metrics - Land sale gross margins improved to 80% in Q2 and 70% for the six-month period, compared to 60% and 52% respectively a year earlier [5]. - Home sale gross margins also improved to 25% from 20% in both comparable periods, despite higher input costs [5]. - Operating income declined 64.4% to $1.1 million in Q2 from $3.1 million a year earlier, reflecting lower land sale activity and higher cost pressures [6]. Management Insights - Management cited ongoing challenges such as municipal entitlement delays and infrastructure issues affecting land development and homebuilding activities [7]. - The company has adjusted its operating strategy by offering sales incentives, reducing certain home prices, slowing housing starts, and leasing completed homes to address demand softness [7]. Market Influences - The decline in earnings was mainly due to a significant reduction in land sale revenues, while homebuilding activity improved but faced pressure from higher construction costs [8]. - Interest income, although a positive contributor, declined 20.3% on a quarterly basis [8]. Future Outlook - AMREP did not provide formal earnings or revenue guidance but indicated that revenues and margins may continue to fluctuate due to market uncertainty and affordability constraints [9]. - The company expects reduced land sale revenues in fiscal 2026 compared to fiscal 2025, given a scaled-back development pipeline [9]. Strategic Developments - AMREP amended its revolving line of credit, extending the maturity to August 2028 and increasing the borrowing capacity to $6.5 million [10]. - The company expanded its portfolio of leased homes, ending the quarter with 28 homes rented to residential tenants, up from 21 at the end of the prior fiscal year [10].
Toll Brothers Announces Final Opportunity to Own a Luxury Home at Ingram Dunes Community in North Myrtle Beach, South Carolina
Globenewswire· 2025-12-16 17:46
Exclusive community offers coastal living with modern home designs available for quick move-inNORTH MYRTLE BEACH, S.C., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the final opportunity to purchase a new home at Toll Brothers at Ingram Dunes, an exclusive community of luxury single-family homes in North Myrtle Beach, South Carolina. With limited homes remaining, home shoppers can take advantage of move-in ready and quick mov ...
As Warren Buffett Prepares to Step Down as CEO of Berkshire Hathaway, His Parting Message to Investors Couldn't Be Any More Clear
The Motley Fool· 2025-12-16 16:23
Back in May, Warren Buffett announced that he is stepping down as CEO of Berkshire Hathaway.Back in May, Warren Buffett sent shockwaves around the investment world after announcing he was stepping down as CEO of his investment conglomerate, Berkshire Hathaway (BRK.A 0.78%) (BRK.B 1.06%).Ever since this decision became public knowledge, investors have watched Berkshire's moves with an extra level of vigilance. As 2026 approaches and longtime Buffett sidekick Greg Abel prepares to take the reins at Berkshire, ...
Lennar Is Set to Report Earnings. Watch for Impact of Buyer Incentives.
Barrons· 2025-12-16 09:00
Core Insights - Margins are crucial for home-builder stocks as companies are providing incentives such as free upgrades to finalize sales [1] Group 1 - Home-builder companies are focusing on maintaining margins while offering incentives to attract buyers [1]
Lennar, Worthington Enterprises And 3 Stocks To Watch Heading Into Tuesday - Lennar (NYSE:LEN)
Benzinga· 2025-12-16 05:57
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Duluth Holdings Inc. (NASDAQ:DLTH) to report a quarterly loss of 46 cents per share on revenue of $118.50 million before the opening bell, according to data from Benzinga Pro. Duluth shares gained 5.4% to $3.30 in after-hours trading.B Riley Financial Inc. (NASDAQ:RILY) reported earnings of $4.50 per share for the second quarter, versus a year-ago loss of $1 ...
Toll Brothers: Expect Weak Earnings In The Next Few Quarters (NYSE:TOL)
Seeking Alpha· 2025-12-16 02:24
I wrote about Toll Brothers ( TOL ) previously with a hold rating because the demand backdrop was clearly deteriorating. Since then, the stock price has held up reasonably well, but the underlying fundamentals have notI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing ...
Toll Brothers: Expect Weak Earnings In The Next Few Quarters
Seeking Alpha· 2025-12-16 02:24
Group 1 - The demand backdrop for Toll Brothers (TOL) has been deteriorating, leading to a hold rating despite the stock price holding up reasonably well [1] - The underlying fundamentals of Toll Brothers have not improved, indicating potential challenges ahead for the company [1] Group 2 - The author emphasizes a diverse investment approach, incorporating fundamental, technical, and momentum investing strategies to enhance the investment process [1]