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X @Forbes
Forbes· 2025-08-12 03:10
He Made A Billion Building Houses For Florida’s ‘Marvelous Middle.’ Now Things Aren’t So Marvelous. https://t.co/WXvoSLvtRm https://t.co/WXvoSLvtRm ...
D.R. Horton Is A Buy (Technical Analysis)
Seeking Alpha· 2025-08-12 01:01
Group 1 - The article presents a bullish thesis for D.R. Horton, Inc. (NYSE: DHI), a company in the homebuilding industry, which is part of the consumer discretionary sector [1] - D.R. Horton focuses on building homes and aims to capitalize on market opportunities as an individual investor approaches retirement [1] Group 2 - The author expresses a beneficial long position in D.R. Horton shares, indicating confidence in the company's future performance [2] - The article emphasizes the importance of having both long-term and short-term trading strategies to maximize investment results [1]
New Toll Brothers Model Home Opens in Bellevue, Washington
Globenewswire· 2025-08-08 19:09
Core Viewpoint - Toll Brothers, Inc. has announced the grand opening of its model home in the new luxury community Enclave at Kelsey Creek in Bellevue, Washington, highlighting its commitment to luxury home building and customer experience [1][3]. 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 [8]. - The company operates in over 60 markets across 24 states and the District of Columbia, offering a diverse range of homes for various buyer segments [8]. New Community Details - Enclave at Kelsey Creek features sophisticated three-story home designs with 4 bedrooms and 3.5 baths, priced from $2.267 million, and sizes ranging from 2,864 to 3,019 square feet [3]. - The community is surrounded by 17 acres of green space and is strategically located near top employers, local shops, and prestigious schools, making it ideal for families [3][6]. Customer Experience - The Toll Brothers Design Studio provides a one-stop shopping experience for customers to personalize their homes with a wide array of selections and professional assistance [4]. - Quick move-in homes with Designer Appointed Features are available, allowing buyers to settle in before the new academic year [5]. Community Amenities - Homeowners will benefit from proximity to quality schools such as Phantom Lake Elementary, Odle Middle, and Sammamish High Schools, as well as shopping and dining options at The Bellevue Collection [6].
Toll Brothers Opens New Townhome Community at The River District in Charlotte, North Carolina
Globenewswire· 2025-08-08 16:37
CHARLOTTE, N.C., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of Toll Brothers at The River District, a luxurious townhome community in Charlotte, North Carolina within The River District master plan. The Toll Brothers Sales Center is now open at 7232 Westrow Avenue in Charlotte. Toll Brothers at the River District features three-story townhomes with 3 to 4 bedrooms, 3.5 to 4 bathrooms, rooftop terraces, and up to ...
UPDATE -- LGI Homes Opens Brayden Preserve: New Community in Mamers, North Carolina
Globenewswire· 2025-08-07 21:00
Core Insights - LGI Homes, Inc. has announced the opening of Brayden Preserve, a new community featuring 70 single-family homes designed for buyers seeking space and convenience near Raleigh-Durham [1][2] Group 1: Community Features - Brayden Preserve is strategically located 15 minutes from Sanford and 30 minutes from Fort Bragg, making it ideal for commuters to Fayetteville, Raleigh, and Research Triangle Park [1][2] - The community offers homesites ranging from half an acre to 3 acres, providing a blend of quiet living and access to urban amenities [1] - Homes at Brayden Preserve start at $329,900 and include LGI Homes' CompleteHome™ package, featuring energy-efficient appliances and spacious layouts [3][4] Group 2: Home Designs - Four floor plans are available, including options for one-level living and first-floor master plans [4] - Specific home models include: - Blanco: 3 beds, 2 baths, 2-car garage, 1,316 sq. ft. - Avery: 3 beds, 2.5 baths, 2-car garage, 1,800 sq. ft. - Carolina: 3 beds, 2.5 baths, 2-car garage, 1,700 sq. ft. - Rolen: 4 beds, 2.5 baths, 2-car garage, 2,294 sq. ft. [10] Group 3: Market Position and Recognition - LGI Homes is recognized as one of America's fastest-growing homebuilders, having closed over 75,000 homes since its founding in 2003 [6] - The company has received accolades for quality construction and customer service, including a spot on Newsweek's list of the World's Most Trustworthy Companies [6]
Hovnanian Enterprises Announces Third Quarter Fiscal 2025 Earnings Release and Conference Call
Globenewswire· 2025-08-07 17:00
Core Viewpoint - Hovnanian Enterprises, Inc. is set to release its financial results for the third quarter ending July 31, 2025, on August 21, 2025, with a conference call scheduled for the same day [1]. Company Overview - Hovnanian Enterprises, Inc. was founded in 1959 and is headquartered in Matawan, New Jersey. It is one of the largest homebuilders in the United States, operating in multiple states including Arizona, California, Florida, and Texas [3]. - The company markets its homes under the trade name K. Hovnanian Homes and is also a significant builder of active lifestyle communities through its subsidiaries [3]. Investor Relations - The third quarter earnings conference call will be available via live webcast on the company's Investor Relations website, with an archive accessible for 12 months [2]. - Interested parties can join Hovnanian's investor email list by contacting the company directly or signing up on their website [4].
United Homes (UHG) - 2025 Q2 - Earnings Call Transcript
2025-08-07 13:30
Financial Data and Key Metrics Changes - Home sales revenue for Q2 2025 was $105.5 million, a decrease of $3.9 million or 3.6% from $109.4 million in Q2 2024 [10] - The company reported a net loss of $6.3 million for Q2 2025, influenced by a fair value adjustment of $6.2 million related to contingent earn-out liabilities [9] - Gross profit for Q2 2025 was $19.9 million, up $300,000 or 1.5% from $19.6 million in the prior year [11] - Gross margin improved by 100 basis points to 18.9% compared to the same period last year [11] Business Line Data and Key Metrics Changes - Home closings for Q2 2025 totaled 303 homes, down from 337 homes in the prior year [10] - Net new orders for Q2 2025 were 304 homes, down from 323 homes in the prior year [10] - The average sales price for homes was $349,000, significantly lower than the U.S. median sales price of $402,000 [5] Market Data and Key Metrics Changes - Demand trends were inconsistent due to high mortgage rates and affordability concerns, but traffic patterns remained resilient [5] - The company maintained home prices below the industry average to address affordability [5] Company Strategy and Development Direction - The company is focused on rolling out updated home designs, which have shown positive responses and improved profitability [6] - An asset-light strategy is being adhered to in land acquisition, with a focus on stabilizing or lowering direct construction costs [8] - The company aims to drive margin expansion and maintain cost discipline while supporting growth through strategic community openings [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning for the second half of the year, despite challenges in the market [8] - The company believes gross margins will be higher in 2025 compared to 2024 due to product transitions [7] Other Important Information - As of June 30, 2025, the company controlled approximately 7,300 lots, positioning it for future growth [13] - The company had approximately $95.2 million in liquidity as of Q2 2025 [13] Q&A Session Summary - There were no questions during the Q&A session, and the call concluded without further inquiries [15][16]
Janus International Group, Inc. (JBI) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-08-07 13:06
Group 1 - Janus International Group, Inc. reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.15 per share, but down from $0.21 per share a year ago, representing an earnings surprise of +33.33% [1] - The company posted revenues of $228.1 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 7.04%, although this is a decrease from year-ago revenues of $248.4 million [2] - Janus International Group shares have increased approximately 18.1% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] Group 2 - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Janus International Group was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $226.6 million, and for the current fiscal year, it is $0.65 on revenues of $881 million [7] Group 3 - The outlook for the Building Products - Miscellaneous industry, where Janus International Group operates, is currently in the bottom 37% of over 250 Zacks industries, which may impact the stock's performance [8]
LGI Homes Opens Brayden Preserve: New Community in Mamers, North Carolina
Globenewswire· 2025-08-07 12:00
Core Insights - LGI Homes, Inc. has announced the opening of Brayden Preserve, a new community featuring 70 single-family homes located near Raleigh-Durham, appealing to buyers seeking space and convenience [1][2]. Location and Accessibility - Brayden Preserve is strategically located for commuters to Fayetteville, Raleigh, and key employment centers like Research Triangle Park and RDU Airport, enhancing its attractiveness for potential residents [2]. - The community is situated in Harnett County, which is desirable for families focused on education [3]. Home Features and Pricing - Homes at Brayden Preserve include LGI Homes' CompleteHome™ package, featuring energy-efficient appliances, granite countertops, and spacious layouts, with prices starting from $329,900 [4]. - Four floor plans are available, including the Blanco Plan with three bedrooms and two bathrooms, and larger options like the Rolen Plan with four bedrooms and 2.5 bathrooms [5][8]. Community Appeal - The community offers a blend of peaceful country living with proximity to shopping, dining, and outdoor recreation, such as Raven Rock State Park [5]. - The grand opening is scheduled for August 16th, with limited-time incentives for homebuyers [5]. Company Overview - LGI Homes, headquartered in The Woodlands, Texas, operates in 36 markets across 21 states and has closed over 75,000 homes since its founding in 2003, maintaining profitable financial results annually [7]. - The company is recognized for its quality construction and customer service, earning accolades such as being named one of Newsweek's Most Trustworthy Companies [7].
X @Forbes
Forbes· 2025-08-07 02:39
He Made A Billion Building Houses For Florida’s ‘Marvelous Middle.’ Now Things Aren’t So Marvelous. https://t.co/ExNUkSIw79 https://t.co/ExNUkSIw79 ...