Homebuilders / Land Developers

Homebuilders / Land Developers

Meritage 4th-Qtr Profit Flat, But Beats Estimates

Net earnings for the fourth quarter of 2016 were $51.8 million or $1.22 per diluted share, compared to $52.9 million or $1.26 per diluted share reported for the fourth quarter

Homebuilders / Land Developers

MDC 4th-Qtr Profit Up 79%

M.D.C. Holdings (NYSE:MDC), Denver, parent of Richmond American Homes, on Wednesday reported net income of $40.4 million, or $0.78 per share, for the fourth quarter ended Dec. 31, 2016. The

Homebuilders / Land Developers

Brandywine Homes Closes 116 New Homes, Opens Seven Communities, Breaks Ground on Four New Neighborhoods in 2016

Brandywine Homes, a pioneer of infill development in Southern California, closed 116 homes, opened seven new communities and broke ground on four new communities in Southern California in 2016. The

Homebuilders / Land Developers

Taylor Morrison Homes Beats Earnings Estimates

By Mike Sunnucks Scottsdale-based Taylor Morrison Homes Corp. (NYSE: TMHC) reported earnings of 63 cents per share — 65 cents per share when not including certain charges — in the

Homebuilders / Land Developers

Homebuilders Surge On Strong Earnings, Low Inventory Levels

In addition to our “REIT Rankings” series which includes all 13 REIT sectors, we also cover the homebuilder sector, which we view as a compliment or hedge to a balanced

Homebuilders / Land Developers

PulteGroup Reports $273 Million 4th Qtr Profit

PulteGroup, Inc. on Thursday reported net income of $273 million, or $0.83 per share, for the fourth quarter ended Dec. 31. The gain, which included $0.16 per share of insurance

Homebuilders / Land Developers

Trump Stirs Homebuilders’ Dreams of Cutting Environment Red Tape

As Don Huffines sees it, Donald Trump’s election instantly made his Dallas-area pastureland much more valuable. That’s because the residential developer expects the president-elect to follow through on a pledge

Homebuilders / Land Developers

RSI Communities Buys Beaumont Site

Newport Beach-based homebuilder RSI Communities said it has bought a 228-acre site in the Riverside County city of Beaumont, where it plans to build a 981-home development called Olivewood. RSI

Homebuilders / Land Developers

KB Home (KBH) Tops Q4 Earnings Estimates, Backlog Strong

KB Home KBH reported impressive fourth-quarter fiscal 2016 earnings of 40 cents per share that surpassed the Zacks Consensus Estimate of 37 cents by 8.1%. On a year-over-year basis, the

Homebuilders / Land Developers

Housing Industry Poised For More Growth In 2017

IRVINE, CA—A number of factors pull in this sector’s direction, such as jobs, household formations and a lack of supply supported by the demographics of Millennials and Baby Boomers, TRI