Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
Stocks finished the week with modest gains, with trading volume light ahead of the long holiday weekend. The Dow closed up .31 percent on light volume to end the week at 12,441.58, while housing stocks closed mixed. MSCI gained .52 percent, Sun communities was up .44 percent, and ELS posted …
Stock Market Ends Light Before Long Holiday Weekend Read More
The Dow moved slightly higher on positive technology sector news, gaining 8.1 points to close at 12,402.76, while housing stocks gained or remained flat. Palm Harbor Homes was up 4.76 percent, Cavco gained 1.13 percent, Skyline Corporation moved up 1.03 percent, Sun Communities was up .76 percent and ELS gained …
The Dow fell 38.45 points to 12,394.66 on continuing fears about the recovery of the economy, while housing stocks closed mixed. Cavco Industries closed up 4.50 percent, Skyline Corporation gained 4.48 percent, MSCI was up .74 percent, and ELS closed up .26 percent. Meanwhile, Sun Communities fell .08 percent, while …
Dow Moves Down Slightly, While Several Housing Stocks Move Up Read More
The Dow dropped .20 percent on fears of the slowing U.S. economy and European debt issues to end the day at 12,356.21, while housing stocks closed mixed. Nobility Homes was up 4.99 percent, Cavco gained 3.53 percent, MSCI was up .17 percent, and Sun Communities moved up .05 percent. Palm …
Sluggish Economy Drops Dow, Housing Stocks Close Mixed Read More
The Dow skidded downwards 1.05 percent as news of Europe’s debt sent it to close at 12,381.26, and most housing stocks closed down as well. Palm Harbor Homes ended the day up 42.86 percent. Meanwhile, Cavco was down 4.61 percent, Skyline Corporation lost 3.72 percent, Sun Communities dropped 1.26 percent, …
Dow Falls on European Debt News, and Most Housing Stocks Follow Read More
The Dow fell .74 percent, anticipating bad news from retailers and the rise of the dollar on continuing news of the Greek debt crisis, closing the week at 12,512.04, 36 points below where it started at the beginning of the week. Housing stocks all fell or remained even for the …
CityBizlist of Charlotte/Raleigh, North Carolina says that Horizon Land Company of Crofton, Maryland, has closed a $1.15 million sale of shares to 14 investors of Winston Salem Investments. Meanwhile, CityBizList of Maryland reports, according to a filing with the U.S. Securities and Exchange Commission (SEC), that Carolina Village MHP (Mobile …
The Dow moved up and down most of the day to finally close slightly up .36 percent and end the day at 12605.32. In housing, Cavco gained 1.56 percent, Sun Communities was up .15 percent and ELS gained .14 percent. Palm Harbor Homes fell 10.64 percent, Nobility Homes lost 6.45 …
The Sacramento Bee reports in PRNewswire that UMH Properties, Inc. (NYSE Amex:UMH), is making a public offering of 1,000,000 shares of Series A Cumulative Redeemable Preferred Stock. The underwriters, J.P. Morgan Securities LLC, may also purchase up to 150,000 shares of the stock under a 30-day over-allotment option. UMH is …
The Dow ended three days down, gaining 80.6 points as tech shares and energy stocks bolstered trading, ending the day at 12,560.18. Most housing stocks also closed up. MSCI gained 2.29 percent, Cavco was up 2.27, Palm Harbor Homes moved up 2.17 percent, Skyline Corporation added 2.11 percent, Sun Communities …
Dow Gains After Three Days Down, Most Housing Stocks Follow Read More
Zacks reports that SmarTrend says of the five companies in the home building industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios, Cavco Industries (NASDAQ:CVCO) ranks third with a Price LQA Sales of 1.46x. The formula is used to compare comparable companies and the lower the ratio, …
Cavco is Undervalued According to SmarTrend Analysis Read More
The Dow fell .55 percent on fears about the economic recovery to close at 12,479.58, while housing stocks closed mixed. Deer Valley gained 11.11 percent, Nobility Homes was up 2.74 percent, Sun Communities increased 1.68 percent and UMH moved up .90 percent. Palm Harbor Homes fell 23.33 percent, Skyline Corporation …
Dow Falls Second Day in a Row, Housing Stocks are Mixed Read More
Investors lost confidence due to oil prices and the debt problem in Europe to fall 47.38 points and close at 12,548.37, while housing stocks closed mixed. Palm Harbor Homes gained 20.00 percent, Nobility Homes was up 1.74 percent, and ELS gained .20 percent. Meanwhile, UMH fell 1.1.58 percent, Cavco lost …
Dow Begins the Week Slightly Down, as Housing Stocks Close Mixed Read More
The Dow fell just over 100 points today to 12,595.75, ending the week 89 points lower than it began, as most housing stocks fell also. Sun Communities closed up .70 percent, but Skyline Corporation dropped 3.76 percent, MSCI lost 2.50 percent, Cavco dropped 1.98 percent, UMH lost 1.46 percent, and …
Dow Drops as Investors Step Back, and Housing Stocks Fall Read More
The Dow closed up .52 percent on news of rebounding commodity prices to close at 12,695.92, as housing stocks all closed up or even. Palm Harbor Homes led the charge with a gain of 8.70 percent, followed by Skyline Corporation up 2.53 percent, Cavco gained 1.60 percent, Nobility Homes was …
The Tampa Bay Business Journal says Deer Valley’s (NYSE:DVLY) revenue for first quarter 2011 was $4.4 million, down from the same period last year of $6.1 million, a 29 percent decline. However, net income was $134,761, one cent a share, a marked improvement over the $2.3 million loss last year …
The Dow fell 130.33 points from a sell-off in gasoline and oil futures to close at 12,630.03, as most all housing stocks closed down. UMH gained .29 percent, but it was the only one on the plus side. Palm Harbor Homes dropped 23.33 percent, Skyline Corporation lost 4.37 percent, Cavco …
Dow Stumbles from Energy Sell-off, Most Housing Stocks Follow Read More
The Canadian Press reports that manufactured community owner Killam Properties (TSX:KMP) of Halifax, Nova Scotia, Canada says its earned net income for Q1 2011 was $16.5 million, up from last year’s first quarter of $6.4 million. The share valued increased year over year from .16 cents a share to .35 …
Zaquisha says the real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI) was up 2.74 percent yesterday to close at $39.05, its 52-week high. The report says it is a parabolic SAR (stop and reverse) in a trending market and could make for a good buy. Its volume yesterday was …
The Dow rose for the third straight day upon news of Microsoft buying Skype and positive corporate earnings reports, and most housing stocks gained as well. The Dow gained .60 percent to close at 12,760.36. In housing stocks, Palm Harbor gained 3.45 percent, Sun Communities was up 2.74 percent, Skyline …
