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Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.

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ELS Reports Q3 2016 Earnings, 2017 Guidance

Equity LifeStyle Properties, Inc. (NYSE:ELS) reported Q3 2016 earnings and provided guidance for 2017 via conference call on October 18th. According to baseballnewssouce, ELS reported $0.83 earnings per share (EPS) for the quarter, and revenue of $226.20 million for the quarter, compared to the consensus estimate of $116.42 million. The stock …

ELS Reports Q3 2016 Earnings, 2017 Guidance Read More

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NorthStar, UMH & MHCV Index Strong – Oil, Gold and Broader Markets Up

Noteworthy headlines on CNNMoney – Frustration runs deep for ObamaCare customers. Wells Fargo fraud: Bank was warned years ago. Social Security checks get measly $3.92 bump. Some bullets from MarketWatch – SEC fines Ernst & Young for not spotting client’s earnings manipulation. The U.S. economy is getting the wrong kind …

NorthStar, UMH & MHCV Index Strong – Oil, Gold and Broader Markets Up Read More

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NorthStar’s Big Day, MHCV/Broader Markets Down – Top Fed Concerned

Noteworthy headlines on CNNMoney – Top Fed official “very concerned” about U.S. economy. U.S. dollar zooms to 7-month high. Is “Trump TV” in the works? Target removes clown masks from stores. Some bullets from MarketWatch – Visa shares decline as CEO Scharf resigns. IBM earnings, revenue beat expectations. Big day …

NorthStar’s Big Day, MHCV/Broader Markets Down – Top Fed Concerned Read More

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Patrick Industries Previews Q3 2016 Earnings Call, Webcast

Patrick Industries, Inc. (NASDAQ:PATK), one of the leaders in supplying the manufactured housing, RV and industrial markets, has announced that it expects to release its Q3 2016 financial results prior to the market open on October 27th. As Daily Business News readers are already aware, Patrick has been in the …

Patrick Industries Previews Q3 2016 Earnings Call, Webcast Read More

Affiliated Managers Group (AMG) Downgraded

Zacks Investment Research cut shares of Affiliated Managers Group Inc. (NYSE:AMG) from “buy” to “hold” in a research note published on October 12th, in reports covered by The Cerbat Gem and Breaking Finance News. “Affiliated Managers has a positive record of earnings surprises in the recent quarters. Also, the estimates …

Affiliated Managers Group (AMG) Downgraded Read More

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Skyline Announces Q1 2017 Results

Skyline Corporation (NYSE:SKY), one of the larger and oldest independent producers of HUD Code manufactured homes, announced its results for Quarter 1 2017 this week. The company reported net sales from continuing operations of $61,176,000, states their official report. That includes an increase of approximately 26% over net sales of …

Skyline Announces Q1 2017 Results Read More

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Big Day for Skyline, Louisiana-Pacific – MHCV, Broader Markets Up On Banks News

Noteworthy headlines on CNNMoney – FAA banning Galaxy Note 7 from all flights. John Kasich bans Wells Fargo from Ohio deals. Wells Fargo new account openings plunge. American Dream: Rich are fearful for its survival. Some bullets from MarketWatch – The stock market is turning into a sloppy, ugly mess—and it …

Big Day for Skyline, Louisiana-Pacific – MHCV, Broader Markets Up On Banks News Read More

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ELS, SUN Up – Manufactured Housing Composite & Broader Markets Down

Noteworthy headlines on CNNMoney –Wells Fargo CEO walks out with $130 million. Detroit residents are drowning in debt. Why Clinton might lose Ohio. Verizon says Yahoo’s massive breach could impact deal. Some bullets from MarketWatch – Wells Fargo earnings: what to expected as embattled CEO steps down. Why so few Americans …

ELS, SUN Up – Manufactured Housing Composite & Broader Markets Down Read More

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MHCV Bounces Back Strong, SUI and ELS Lead – Outpaces Broader Markets

Noteworthy headlines on CNNMoney –Fed eyes raising rates “relatively soon.” Samsung sending safety gloves to Note 7 users. Ex-Wells Fargo worker: denied bathroom breaks. Clinton’s tax plan might raise less money than expected. Some bullets from MarketWatch – Why China’s banks may eventually need a $2 trillion capital infusion. Fed held …

MHCV Bounces Back Strong, SUI and ELS Lead – Outpaces Broader Markets Read More

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Down Day for MHCV, Broader Markets – CFPB Unconstitutional

Noteworthy headlines on CNNMoney – Comcast hit with FCC’s biggest cable fine ever. Nobody wants to host the Olympic games. Appeals court hits Consumer Financial Protection Bureau. Some bullets from MarketWatch – The stock market’s ugly nose dive. Oil prices pull back after IEA reports a jump in OPEC output. Alcoa …

Down Day for MHCV, Broader Markets – CFPB Unconstitutional Read More

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Why are Equities Impressed by Skyline Homes?

Skyline Corporation (NYSE:SKY) has seen its stock price on the rise recently, hitting a 52-week high of $12.72 last month. Daily Business News readers will recall that we covered the rise of Skyline’s stock in a recent story, here. According to a story from equities, Skyline’s stock is up 278 …

Why are Equities Impressed by Skyline Homes? Read More

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Sun Communities Downgraded

Zacks Investment Research cut shares of Sun Communities Inc. (NYSE:SUI) from a “buy” to “hold” rating in a memo issued to investors on October 5th, according to The Cerbat Gem. As regular Daily Business News readers already know, Sun owns and operates 338 manufactured home and recreational vehicle communities located in …

Sun Communities Downgraded Read More

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Patrick Industries Leads Strong Day for MHCV – Broad Markets Up on Oil News

Noteworthy headlines on CNNMoney – Buffett: “I’ve paid federal income tax every year since 1944.” Trump Taj Mahal closes its doors in Atlantic City. Samsung halts production of Galaxy Note 7. Second Clinton-Trump debate sees big ratings drop (DBN coverage here.) Some bullets from MarketWatch – U.S. stocks end higher as …

Patrick Industries Leads Strong Day for MHCV – Broad Markets Up on Oil News Read More

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SUN & BRK buck drooping MH Comp Value, broader markets slip too

Noteworthy headlines on CNNMoney –Is Kroger going to buy Whole Foods? Plunging Pound is crushing retirement dreams. Florida coast battered by Matthew (see Daily Business News item here). India busts bogus call centers for posing as the IRS. Some bullets from MarketWatch – Consumer credit surges 8.5% in August. U.S. blames Russia for …

SUN & BRK buck drooping MH Comp Value, broader markets slip too Read More

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Patrick Industries, Louisiana-Pacific Gain – MHCV rising, broader Markets mixed – Hurricane Matthew Impact Felt

Noteworthy headlines on CNNMoney – Hurricane Matthew may be costliest ever (see DBN coverage here.) Oil back above $50. Why the U.K. Pound is still crashing. Who’s worried about America’s $19 trillion dollar debt? Some bullets from MarketWatch- Gold sinks to 4-month low. Hurricane Matthew sends roof suppliers higher, insurance stocks …

Patrick Industries, Louisiana-Pacific Gain – MHCV rising, broader Markets mixed – Hurricane Matthew Impact Felt Read More

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Big Day For AMG, Skyline – Markets Rise – Slowest U.S. Recovery Since WWII – East Coast Braces for Matthew

Noteworthy headlines on CNNMoney – New rules crack down on prepaid cards. VP debate gets smaller audience than 2012, 2008 (DBN coverage here.) U.K. could force companies to list foreign workers. Ford chairman strikes back at Trump criticism. Some bullets from MarketWatch – Stocks up as energy, financial sectors rally. Airlines …

Big Day For AMG, Skyline – Markets Rise – Slowest U.S. Recovery Since WWII – East Coast Braces for Matthew Read More

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Skyline Up, MHCV beats Tumbling broader Markets and in banking, ATM Fees Record High

Noteworthy headlines on CNNMoney – 170,000 gas stoves recalled because of explosion risk. Credit card giants sued over chip readers. Biggest one-day drop for gold since 2013. Google unveils new smartphone. Some bullets from MarketWatch – Gold ends near post-Brexit vote low as dollar rallies. U.S. stocks retreat on specter of …

Skyline Up, MHCV beats Tumbling broader Markets and in banking, ATM Fees Record High Read More

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UMH Properties, Inc. Declares Common and Preferred Dividends

On October 3, 2016, the Board of Directors of UMH Properties, Inc. (NYSE: UMH) declared its quarterly cash dividend on the company’s common stock of $0.18 per share payable December 15, 2016, to shareholders of record at the close of business on November 15, 2016.  The company’s annual dividend rate …

UMH Properties, Inc. Declares Common and Preferred Dividends Read More

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ELS Shares Down, Bank of Montreal Acquires New Stake

Equity Lifestyle Properties, Inc. (NYSE:ELS) stock was down 1.74% on September 30th, hitting a price of $77.18, which has raised concerns for some traders who wonder – is part of a new pattern? According to the Press Telegraph, analysts expect earnings of $0.83 per share, which would be an increase …

ELS Shares Down, Bank of Montreal Acquires New Stake Read More

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Patrick and LP lead, IL Yanking Billions from Wells Fargo, Markets Dip

Noteworthy headlines on CNNMoney – Clinton slams Wells Fargo for “bullying” workers. What to expect at Google’s big event. Some bullets from MarketWatch – Disney remains center of merger talk… this time it’s Netflix. Two Fed GDP trackers show economic growth wilting. Trump Foundation ordered to stop fundraising in New York. …

Patrick and LP lead, IL Yanking Billions from Wells Fargo, Markets Dip Read More

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