Homebuilders / Land Developers
CalAtlantic Beats Estimates
CalAtlantic Group, Inc. (NYSE: CAA) on Wednesday after market close announced net income of $167.0 million, or $1.25 per diluted share, for the fourth quarter ended Dec. 31, 2016., compared
For Frontier Enterprises, a Muted Entry into Medical Marijuana in Adelanto
By Shea Johnson – The massive medical marijuana park that broke ground Thursday, in an up-the-ante signal of this industry’s transformative powers, is backed by an unlikely company. Frontier Enterprises,
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
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
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
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 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
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
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
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
