Last quarter, Hovnanian Enterprises posted weak results, reporting a net loss that sent its stock (HOV) price crashing. Three months later, the company appears to have bounced back as it executes a strategic shift, but warning signs persist. Hovnanian Enterprises, the parent company of K. Hovnanian Homes, beat Wall Street expectations by reporting $20.9 million […]
Hovnanian recalibrates amid a shift to a higher-margin mix Read More »
Thirteen years ago, on a rain-slick January morning in lower Manhattan, a three-and-a-half-year-old homebuilder’s president pressed and held the New York Stock Exchange bell for a full count of ten. TRI Pointe Homes’ January 31, 2013 IPO wasn’t simply a liquidity event. It was a strategic and capital comet. Source: company materials Capital that had
From IPO spark to global scale pivot: Tri Pointe enters a new power axis Read More »
eXp World Holdings, the parent company of eXp Realty, is looking to move to the Lone Star State. The firm’s founder and CEO Glenn Sanford disclosed news of the proposed move in a filing with the Securities and Exchange Commission (SEC) on Wednesday. The filing included a letter from Sanford to company stockholders. In the
eXp World Holdings seeks reincorporation from Delaware to Texas Read More »