Announcements on Earnings Schedules, Unsecured Revolving Facility and New Home Collections - Research Report on Ryland, Standard Pacific, MDC, Hovnanian, and Taylor Morrison
NEW YORK, July 22, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting The Ryland Group, Inc. (NYSE: RYL), Standard Pacific Corporation (NYSE: SPF), M.D.C. Holdings, Inc. (NYSE: MDC), Hovnanian Enterprises, Inc. (NYSE: HOV), and Taylor Morrison Home Corporation (NYSE: TMHC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Ryland Group, Inc. Research Report
On July 15, 2013, The Ryland Group, Inc. (Ryland) introduced two new home collections in Plainfield, IN. The Company stated that both, The Estate Collection at Forest Creek and The Americana Collection at The Lakes at Sugar Cove offer beautiful new homes and a luxury, recreation-filled lifestyle. Ryland informed that the Grand Opening of the new home collections began on July 13, 2013, and homebuyers who act quickly will have their choice of prime homesites. The Full Research Report on The Ryland Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7f8c_RYL]
Standard Pacific Corporation Research Report
On July 2, 2013, Standard Pacific Corporation (Standard Pacific) announced that it will release its Q2 2013 financial results on July 25, 2013, after the market close of the NYSE. On July 26, 2013, the Company will host an earnings conference call and broadcast a slide show and audio presentation over the Internet at 12:00 p.m. ET. In Q1 2013, Standard Pacific had reported a 74% YoY increase in dollar value of net new orders and a 117% YoY increase in dollar value of backlog. Also, home sale revenues were up 61% YoY, with average selling price up 9% YoY and new home deliveries up 48% YoY. The Full Research Report on Standard Pacific Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3bf4_SPF]
M.D.C. Holdings, Inc. Research Report
On July 17, 2013, M.D.C. Holdings, Inc. (MDC) announced that it will release its Q2 2013 financial results on July 30, 2013, before market open. On the same day, the Company will host a teleconference at 12:30 p.m. ET to discuss the results. In Q1 2013, MDC reported a 22% YoY increase in net new orders, and an 80% YoY increase in home sales revenue. The Full Research Report on M.D.C. Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/143c_MDC]
Hovnanian Enterprises, Inc. Research Report
On July 11, 2013, Hovnanian Enterprises, Inc. (Hovnanian) announced that it has entered into a five-year $75 million unsecured revolving credit facility with Citicorp USA, Inc. (Citicorp) as administrative agent and issuing bank, and Citibank, N.A. (Citibank) as a lender. According to the Company, the unsecured credit facility is available for both letters of credit and general corporate purposes. "The addition of a revolving credit facility to the cash we currently have on hand provides additional liquidity and financial flexibility," said Ara K. Hovnanian, Chairman of the Board, President, and CEO of Hovnanian. "The new facility enables us to capitalize on additional new land opportunities and grow our business even further." The Full Research Report on Hovnanian Enterprises, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/bb4c_HOV]
Taylor Morrison Home Corporation Research Report
On July 11, 2013, Taylor Morrison Home Corporation (Taylor Morrison) announced that it will release its Q2 2013 financial results on August 13, 2013, after the market closes. On the same day, the Company will host a reference call at 4:30 p.m. ET to discuss the results. In Q1 2013, Taylor Morrison had reported an increase of 52% YoY in its net sales orders, and a 45% YoY increase in its sales order backlog of homes under contract. The Full Research Report on Taylor Morrison Home Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cdca_TMHC]
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article