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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]
New Toll Brothers 55+ Active-Adult Community is Coming Soon to Missouri City, Texas
Globenewswire· 2025-07-16 20:03
Core Insights - Toll Brothers, Inc. announced the upcoming launch of Regency at Sienna, a 55+ active-adult community in Missouri City, Texas, with construction starting in late 2025 and sales beginning in spring 2026 [1][4] Group 1: Community Features - Regency at Sienna will offer a selection of home sites ranging from 50 to 70 feet wide, with 12 home designs available, sized between 1,599 to over 3,200 square feet [2] - The community will provide exclusive amenities such as a pool, fitness center, and pickleball courts, all overlooking Regency Lake, along with access to over 100 miles of trails and various parks within the Sienna master plan [4][5] Group 2: Accessibility - The community is conveniently located near major highways, including Fort Bend Parkway Toll Road and U.S. Route 90 Alternate, facilitating easy access to downtown Houston and other key areas in the Greater Houston region [5] Group 3: Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes, operating in over 60 markets across 24 states and offering a range of housing options for various buyer demographics [7] - The company has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years and having its CEO recognized as one of the Top CEOs by Barron's magazine [8]
Toll Brothers Announces New Luxury Home Community Coming Soon to The Pinehills in Plymouth, Massachusetts
Globenewswire· 2025-07-16 19:02
PLYMOUTH, Mass., July 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Toll Brothers at The Pinehills — Broadleaf, is coming soon to the award-winning Pinehills master plan in Plymouth, Massachusetts. This exclusive Toll Brothers neighborhood will feature new luxury townhomes within walking distance of the Village Green. Sales are anticipated to begin in fall 2025. Artfully crafted and designed to enhance the lif ...
Toll Brothers Announces New Luxury Home Community Coming Soon to San Tan Valley, Arizona
Globenewswire· 2025-07-16 18:51
Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at Ladera Trails in San Tan Valley, Arizona, with sales expected to begin in late summer 2025 [1][2][4] Group 1: Community Features - The community will offer single-level home designs on spacious quarter-acre-plus lots, with sizes ranging from 3,124 to over 3,692 square feet [2] - Homes will be priced starting from the mid-$800,000s, featuring personalization options such as multi-slide pocket doors and guest casitas [2][4] - Residents will have access to resort-style amenities including a pool, outdoor gathering areas, fire pits, playground, and pickleball courts, along with hiking and biking trails [4] Group 2: 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 [8] - 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 [8] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years and Builder of the Year by Builder magazine [9]
Century Communities Hosts July Grand Opening for New Homes in Sultan, WA
Prnewswire· 2025-07-16 17:27
Core Insights - Century Communities, Inc. has launched sales at Daisy Heights in Sultan, WA, offering new two-story homes starting from the $500s, located near the Cascade Mountains and Monroe [1][3]. Group 1: Company Overview - Century Communities, Inc. is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, featured on Newsweek's lists of America's and the World's Most Trustworthy Companies [5][7]. - The company operates in 17 states and over 45 markets, providing a range of services including mortgage, title, insurance brokerage, and escrow through its subsidiaries [7]. Group 2: Product Offering - The homes at Daisy Heights are two-story single-family residences, ranging up to 2,745 square feet, with options for 3 to 5 bedrooms and 2.25 to 3 bathrooms [5]. - Features include spacious gourmet kitchens with quartz countertops, expansive primary suites with walk-in showers and closets, and 2-bay garages [5]. Group 3: Location and Community - Daisy Heights is strategically located for quick access to outdoor recreational areas such as the Skykomish River, Osprey Park, and Wallace Falls State Park, as well as attractions in Monroe like The Reptile Zoo and Evergreen State Fairgrounds [5][3]. - The community offers a blend of small-town charm and proximity to larger urban areas like Seattle [3]. Group 4: Online Homebuying Experience - Century Communities provides an industry-first online homebuying experience, allowing customers to shop for homes, fill out forms, and electronically sign contracts [4][6].
Lennar (LEN) Up 3% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-07-16 16:31
Core Viewpoint - Lennar Corporation reported mixed results for Q2 fiscal 2025, with adjusted earnings missing estimates while total revenues exceeded expectations, but both metrics declined year over year [2][5]. Financial Performance - Adjusted EPS was $1.90, missing the Zacks Consensus Estimate of $1.94 by 2.1%, down from $3.38 in the prior year [5]. - Total revenues reached $8.38 billion, surpassing the consensus mark of $8.24 billion by 1.6%, but down 4.4% from $8.77 billion year over year [5]. Segment Performance - Homebuilding revenues totaled $7.84 billion, a decrease of 6.4% from the prior year, with home sales contributing $7.79 billion, down 6.8% [6]. - Home deliveries increased by 2.2% to 20,131 units, exceeding projections, while the average sales price (ASP) of homes delivered was $389,000, down 8.7% year over year [7]. - New orders rose 6.1% to 22,601 homes, but the potential value of net orders fell to $8.58 billion from $9.19 billion [7]. Market Conditions - The performance was negatively impacted by a soft housing market, affordability challenges, and declining consumer confidence [3]. - The company is implementing strategies to drive housing starts and sales, aiming to improve long-term efficiencies and consumer confidence [4]. Financial Health - At the end of Q2, Lennar had cash and cash equivalents of $1.17 billion, down from $4.66 billion a year ago, with total homebuilding debt increasing to $2.79 billion [13]. - The gross margin on home sales was 17.8%, down 480 basis points year over year, primarily due to decreased revenues per square foot and increased land costs [9]. Future Guidance - For Q3 fiscal 2025, the company expects home deliveries between 22,000-23,000 units and an ASP range of $380,000-$385,000, down from $422,000 a year ago [15]. - Gross margin on home sales is anticipated to be around 18%, with SG&A expenses projected to rise to 8-8.2% [16]. Market Sentiment - Following the earnings release, there has been a downward trend in estimates, with a consensus estimate shift of -23.12% [17]. - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating expectations of below-average returns in the coming months [19].
LGI Homes Debuts Three New Floor Plans at The Valley in Elgin, South Carolina
Globenewswire· 2025-07-15 20:30
Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, focusing on innovative home design, construction, and sales [4] - The company has closed over 75,000 homes since its founding in 2003 and has consistently delivered profitable financial results [4] - LGI Homes has been recognized for its quality construction and customer service, being named to Newsweek's list of the World's Most Trustworthy Companies [4] New Product Launch - LGI Homes has launched three new floor plans at The Valley community in Elgin, SC, with only 36 homes remaining in the 244-lot neighborhood [2][3] - The new floor plans are designed to blend comfort, functionality, and affordability, featuring the CompleteHome™ package with no added cost [2] - Each home includes premium features such as stainless steel appliances, granite countertops, luxury vinyl flooring, and energy-efficient components [2] Floor Plan Details - The Blanco: A one-story home with three bedrooms, two bathrooms, and 1,316 square feet, starting at $282,900 [7] - The Carolina: A two-story design with three bedrooms, two-and-a-half bathrooms, and 1,700 square feet, priced from $298,900 [7][9] - The Avery: Offering 1,800 square feet with three bedrooms and two-and-a-half bathrooms, available from $306,900 [7] Community Features - The Valley community is set in a peaceful, tree-lined area with quick access to Columbia, providing a balance of small-town charm and modern convenience [3] - Residents benefit from proximity to major employers, local schools, shopping, dining, and outdoor recreation [3]
Earnings Preview: D.R. Horton (DHI) Q3 Earnings Expected to Decline
ZACKS· 2025-07-15 15:01
Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for D.R. Horton due to lower revenues, with a focus on how actual results will compare to estimates impacting stock price [1][2]. Earnings Expectations - D.R. Horton is expected to report quarterly earnings of $2.93 per share, reflecting a year-over-year decrease of 28.5% [3]. - Revenue projections stand at $8.82 billion, down 11.5% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.36% higher in the last 30 days, indicating a slight positive reassessment by analysts [4]. - The Most Accurate Estimate for D.R. Horton is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.55%, suggesting a bearish outlook from analysts [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [10]. - D.R. Horton currently holds a Zacks Rank of 2, but the negative Earnings ESP complicates predictions for an earnings beat [12]. Historical Performance - In the last reported quarter, D.R. Horton was expected to post earnings of $2.66 per share but delivered $2.58, resulting in a surprise of -3.01% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [14]. Conclusion - D.R. Horton does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].