RV

Drew Industries to Release Second Quarter Financials

MHProNews has learned from marketwatch that Elkhart, Indiana-based Drew Industries, Inc., (NYSE:DW) will release its Q2 2015 financials before the market opens on Tuesday, Aug. 4, 2015, to be followed by a conference call later that same morning at 11 AM EST to discuss the results and other business matters. …

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Gendell Unloads More Patrick Stock for $1.48 Million

In a pattern that MHPronews has reported at least five times going back to Nov. 7, 2014, dakotafinancialnews reports Patrick Industries (NASDAQ:PATK) major stockholder Jeffrey Gendell has unloaded another mass of stock, this time 37,901 shares in a transaction dated Friday, July 17, 2015. According to the Securities and Exchange …

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Equity LifeStyle Properties Beats Analysts Expectations in Q2

MHProNews has learned from uknewsyahoo that Equity LifeStyle Properties (ELS) reported for the second quarter 2015 it posted funds from operations (FFO) of $64.5 million or $0.70 per share, beating the average estimate of Zacks Investment Research analysts by $0.02 per share. A closely watched measure in the real estate …

Equity LifeStyle Properties Beats Analysts Expectations in Q2 Read More

Patrick to Discuss Q2 Financials July 30; Gendell Sells More Stock

Elkhart, Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) will release its Q2 financials before the market opens Thursday, July 30, 2015 followed by a conference call at 10:00 AM Eastern Time that same morning for a discussion of the results and other business matters. The call will be conducted by Todd Cleveland, …

Patrick to Discuss Q2 Financials July 30; Gendell Sells More Stock Read More

Supplier to Manufactured Home Market Reports Profit

For the third quarter of its fiscal year, T.J.T. Inc. announces net profits of $11,969 on net sales of $1,522,014, a turn around from its net loss of $7,114 reported April 13, 2015 for the previous quarter. As businesswire tells MHProNews sales for this quarter were comparable to Q3 of …

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Drew Draws up Agreement with Furrion

Manufactured home (MH) and recreational vehicle (RV) component supplier Drew Industries, Inc. (NYSE:DW) announces that its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) has entered into a six-year exclusive agreement with Furrion Limited, which is also headquartered in Elkhart, according to goshennews. The agreement affords Lippert the rights to distribute Furrion’s …

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Record Attendance Expected at the RV/MH Induction Ceremony

Registrations for the 2015 RV/MH Hall of Fame Induction Dinner set for Monday, Aug. 3 are running 13 percent ahead of last year’s record-breaking attendance of 447, according to Darryl Searer, president of the RV/MH Hall of Fame (Hall). There are less than 30 days to register for the event …

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Manufactured Housing’s Sunday Morning Weekly News Recap June 28 to July 5, 2015

Our goal in presenting news and views from the manufactured and modular home industry is to help you, our readers, make the best possible decision in your business. To that end, we continue to upgrade our presentation to better inform you. In this week’s news you will read of developments …

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Gendell Sheds another Chunk of Patrick Stock

Following up on stories from June 8 and June 19, 2015 regarding the sale of shares of Patrick Industries, Inc. (NYSE:PATK) by Jeffrey L. Et Al Gendell, wkrb13 informs MHProNews that Gendell sold another 2,700 shares of the company’s stock at $39.05 per share for a net value of $105,435.00. …

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Equity LifeStyle Acquires Recreational Vehicle Resort in Florida

The Miami Everglades RV Resort in southwest Miami has been sold for $9.84 million by Miami Everglades Campground of Friendswood, Texas to MHC Miami Everglades, which is part of Equity LifeStyle Properties, Inc. (NYSE:ELS) of Chicago. Developed in 1970, the property includes cabins, a main store and a swimming pool. …

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Urban Land Institute Chooses Randall K. Rowe as Chairman

Randall K. Rowe, Chairman of Green Courte Partners, LLC has been chosen to lead a global organization dedicated to creating communities that are livable, economically prosperous and environmentally sustainable. As Global Chairman of the Urban Land Institute (ULI), an education and research non-profit founded in 1936, Rowe will have three …

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Equity LifeStyle Properties’ Director Sheds Stock

David J. Contis, a director on the board of Equity LifeStyle Properties, Inc. (NYSE:ELS) sold 5,000 shares of the company’s stock on Tue., June 23 at an average price of $53.65 for a total value of $268,250.00. Disclosed in a filing with the Securities and Exchange Commission (SEC), Contis now …

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Insider Trading at Sun Communities: Randall K. Rowe

MHProNews has learned that Randall K. Rowe, a member of the board of directors of Sun Communities, Inc. (NYSE:SUI), acquired 25,664 shares of company stock at $50.00 per share June 19, 2015 for a total value of $1,283,200.00, according to a required filing with the Securities and Exchange Commission (SEC). …

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Manufactured Home Community Owner ELS outpaces S&P 500

Shares of Equity LifeStyle Properties, Inc. (NYSE:ELS) rose +4.21 percent over the last week and +2.24 percent in the last four weeks, earning a consensus recommendation of “Buy” from analysts. The shares have outperformed the S&P 500 by 3.42 percent in the last week, and by 3.02 percent over the …

Manufactured Home Community Owner ELS outpaces S&P 500 Read More

Gendell Unloads more of Patrick Stock

MHProNews has learned Jeffrey Gendell continues to sell his shares in Patrick Industries, Inc. (NASDAQ:PATK) as he did May 25, and June 8, 2015. Most recently he sold another 3,748 shares at $37.20 each for a net of $139,503, according to octafinance. In total he has sold 72,783 shares for …

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Reservations for Induction Dinner Ahead of Last Year

Reservations for the RV/MH Hall of Fame Induction Dinner honoring the Class of 2015 are already ahead of last year’s, according to Committee Chairman Mark Wasson (Bluelinx Corp.), with over 153 registrations in the hopper for the Aug. 3, 2015 event. Darryl Searer, president of the RV/MH Hall of Fame …

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More Insider Trading at Drew Industries

MHProNews has learned that another board director of Drew Industries, Inc. (NYSE:DW) has been involved in insider trading. James Gero purchased 10,000 shares of stock June 11, 2015 at $57.00 per share for a total of $570,000, according to insidertraderreport. The insider transaction was reported to the Securities and Exchange …

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Gendell Unloads more Patrick Industries, Inc. Stock

MHProNews reported May 25, 2015 that Jeffrey L. Et Al Gendell sold 18,783 shares of Patrick Industries, Inc. (NASDAQ:PATK) stock at an average price of $40.92 for $1,144,260.36. According to lulegacy, Gendell, a major shareholder of Patrick, sold an additional 48,500 shares on June 3, 2015 for $40.03 per share …

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Sun Declares Dividends on Common and Preferred Stocks

Manufactured Home (MH) and Recreational Vehicle (RV) community owner Sun Communities, Inc. (NYSE:SUI) of Southfield, Michigan has declared a quarterly distribution of $0.65 per share of common stock for Q2 2015, payable July 17, 2015 to shareholders of record as of June 30, 2015. The company’s board of directors also …

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Another Drew Principal Unloads Stock

A member of the board of directors of Drew Industries, Inc. (NYSE:DW), John B  Lowe sold 10,000 shares of Drew stock on May 27, 2015, according to a filing with the Securities and Exchange commission (SEC) dated May 29, 2015. The shares were sold at $60.57 per share for a …

Another Drew Principal Unloads Stock Read More

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