This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

7 Home-Related Stocks to Watch

3. Standard Pacific Group is a geographically diversified builder of single-family homes with operations in markets like California, Florida, Arizona and Texas.

Excluding previously capitalized interest costs and inventory impairment charges, gross margin from home sales for 2011 second quarter was 27.9%, vs. 27.5% in the corresponding period prior year.

Selling communities grew to 157 from 127 in the second quarter of 2010. The company was able to increase communities during this period with no appreciable rise in overhead costs. The company intends to open more than 20 new communities by the year end.

For the 2011 second quarter, revenue from home sales was $204 million compared to $143.7 million in the prior quarter. Net loss improved to $10.5 million from $14.8 million in the prior quarter.

The company holds $507 million in cash with $122 million in operating cash flows.

Based on analystsâ¿¿ consensus estimate, the stock is expected to appreciate 59% over the next year.

6 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AWI $57.53 -0.76%
BZH $17.61 -0.45%
DHI $26.28 -1.10%
MHO $23.24 -1.50%
OC $40.31 -3.70%


DOW 18,075.37 -4.77 -0.03%
S&P 500 2,114.75 -2.94 -0.14%
NASDAQ 5,070.9210 -21.1640 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs