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Taylor Morrison Details Corporate Responsibility Initiatives in Seventh Annual Sustainability and Belonging Report
Prnewswire· 2025-07-21 20:10
Core Insights - Taylor Morrison published its seventh annual Sustainability and Belonging Report, emphasizing its commitment to sustainable business practices and corporate responsibility [1][2] - The report introduces an online edition for enhanced interactivity and navigation [3] - The company conducted its first materiality assessment to identify key sustainability issues and climate-related risks, which will guide future strategies [3] Sustainability Initiatives - Taylor Morrison's disclosures align with standards from SASB, GRI, UN SDGs, and TCFD, showcasing its commitment to sustainability [4] - The company has achieved a 47% lower average home energy consumption compared to the HERS® benchmark, with an average home score of 53 [5] - The partnership with the National Wildlife Federation has led to the establishment of over 150 Certified Natural Open Spaces™ and the protection of over 9,200 acres of Certified Wildlife Habitat® [5] Corporate Governance and Community Engagement - The report highlights the company's focus on construction quality and climate resiliency, resulting in lower average insurance premiums for homeowners [5] - Taylor Morrison emphasizes inclusion, belonging, and equal opportunity within its workforce, ensuring team members are equipped to serve a diverse consumer base [5] - The company has been recognized as America's Most Trusted® Builder from 2016-2025, reflecting its strong commitment to sustainability and community [6]
Curious about Tri Pointe (TPH) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-07-21 14:21
In its upcoming report, Tri Pointe Homes (TPH) is predicted by Wall Street analysts to post quarterly earnings of $0.66 per share, reflecting a decline of 47.2% compared to the same period last year. Revenues are forecasted to be $790.57 million, representing a year-over-year decrease of 30.2%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ah ...
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
Core Insights - NVR, Inc. is anticipated to report lower earnings and homebuilding revenues in Q2 2025 due to soft demand, high inventories, and margin pressures [1][10] Financial Performance - The Zacks Consensus Estimate for NVR's Q2 EPS has decreased to $106.33, reflecting an 11.9% decline from the previous year's EPS of $120.69 [3] - Revenue estimates for the quarter are set at $2.40 billion, indicating a 5.8% decrease from the year-ago figure of $2.55 billion [3][10] - In the last reported quarter, NVR's earnings and homebuilding revenues missed the Zacks Consensus Estimate by 12.1% and 1%, respectively [1] Market Conditions - The homebuilding industry is experiencing ongoing softness, with the spring 2025 selling season underperforming due to affordability issues and weakened consumer confidence [4] - High and fluctuating mortgage rates, along with economic uncertainties, have negatively impacted homebuyer activity during the peak sales period [4] Revenue and Settlement Predictions - Homebuilding revenues are expected to decline by 5.6% year-over-year to $2.4 billion, with the average selling price of settlements projected to decrease by 1.5% to $443,500 [5] - Total settlements are anticipated to drop by 4.2% to 5,422 units year-over-year [5] Cost and Margin Outlook - The company's gross margin for homebuilding is expected to decrease to 22.1%, down 150 basis points from the previous year [6][10] - Selling, general, and administrative expenses are projected to rise by 2.7% year-over-year for the homebuilding segment [6][10] Order and Backlog Trends - Total new orders are predicted to increase by 3.6% year-over-year to 6,287 units, while the backlog is expected to decline to 11,030 units from 11,597 units reported a year ago [7] - The value of the backlog is estimated to be $5.3 billion, down from $5.45 billion in the same quarter last year [7] Earnings Prediction Model - The current model does not predict an earnings beat for NVR, as it lacks the necessary combination of a positive Earnings ESP and a favorable Zacks Rank [8] - NVR has an Earnings ESP of +3.25% [9]
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
Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at Thornebrook in Bulverde, Texas, expected to open for sale in fall 2025 [1][2] - The community will feature modern single-family homes on one-acre lots, with prices starting from the upper $900,000s [2][5] - Residents will have access to 90 acres of open space, a six-acre park, and over four miles of trails, along with being served by the highly regarded Comal Independent School District [3][5] Company Overview - Toll Brothers, Inc. is recognized as the leading builder of luxury homes in the United States and is a Fortune 500 company [7][9] - The company operates in over 60 markets across 24 states and offers a variety of home types 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 New Phase of Luxury Home Sites in Point Hope Community in Charleston, South Carolina
Globenewswire· 2025-07-17 17:25
Core Points - Toll Brothers, Inc. has announced a new phase of home sites in its Point Hope community located in Charleston, South Carolina, featuring luxury homes with extensive amenities [1][4] - The homes in Point Hope range from 2,135 to over 3,922 square feet, with prices starting from the mid-$700,000s, and include various modern features [2][4] - The community offers a variety of amenities such as an onsite pool, nature trails, and access to future recreational facilities, enhancing the lifestyle of its residents [4][5] Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and is a Fortune 500 Company, founded in 1967 and publicly traded since 1986 [9][10] - The company operates in over 60 markets across 24 states and offers a wide range of home types for various buyer demographics [9] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [10]
Century Complete Announces New Home Phase in Celebrated Central Florida Development
Prnewswire· 2025-07-17 15:15
Core Insights - Century Communities has launched a new phase at Scenic Terrace, introducing two additional home collections, The Cottages and The Enclave, while continuing sales of The Grove and The Meadows [1][2] - The community features a range of amenities including a clubhouse, pool, dog park, and playground, and is strategically located for easy access to major highways and attractions [2][5] - The company offers an innovative online homebuying experience, allowing buyers to purchase homes easily while working with their local real estate agents [3][6] Company Overview - Century Communities, Inc. is one of the largest homebuilders in the U.S., recognized for its leadership in online home sales and ranked among America's Most Trustworthy Companies [7] - The company operates in 17 states and over 45 markets, providing a comprehensive range of services including mortgage and insurance through its subsidiaries [7] - The mission of Century Communities is to build high-quality homes at affordable prices, catering to a diverse range of homebuyers [7]
Countdown to PulteGroup (PHM) Q2 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2025-07-17 14:15
Wall Street analysts expect PulteGroup (PHM) to post quarterly earnings of $2.93 per share in its upcoming report, which indicates a year-over-year decline of 18.2%. Revenues are expected to be $4.39 billion, down 4.5% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings announcement, it is crucial to con ...