Ryland Group Inc.
) has unveiled a premium community called The Reserve at Twin
Creeks in Cedar Park, certified as one of the ten top places to
raise a family by
The community is spread over 760 acres and surrounded by golf
courses. It consists of 76 single-family homes and 50
condominiums with easy access to retail and employment
opportunities. Community amenities like first-class club
accommodations, private clubhouse with upscale dining, tennis
courts, a recreation center, a water park and two pools are added
advantage of the homes in the community.
The homes have the advantage of flexible indoor and outdoor
living, valet cabinets, built-in storage and luxury master
suites. The homes in the community face the unique environment of
Balcones Canyonlands Conservation Preserve in the neighborhood of
the beautiful Texas Hill country. The residents also get a unique
view of the Grand Canyon.
Ryland Group reported fiscal third-quarter (ended September
30) results on October 24. Non-GAAP earnings per share came in at
21 cents, surpassing the Zacks Consensus Estimate by 23.5%.
Earnings grew significantly from a loss of 9 cents in the
Moreover, the homebuilding and mortgage-finance company
delivered positive earnings surprises in 2 of the last 3
quarters. The long-term expected earnings growth rate for this
stock is 10.0%.
The recovery in the housing market, along with strong fiscal
third-quarter 2012 results, have resulted in the rise in earnings
estimates for the company.
The Ryland Group believes in acquisitions to drive growth. The
company recently acquired the Phoenix, Arizona operations and
assets of Trend Homes. Previously, the company had acquired the
assets of Timberstone Homes in Charlotte and Raleigh in July
Currently, Ryland Group carries a Zacks Rank #2 (Buy). Two
other investable stocks are
) that offer exposure to more attractive housing segments and
carry a Zacks Rank #1 ( Strong Buy).
MDC HLDGS (MDC): Free Stock Analysis Report
MERITAGE HOMES (MTH): Free Stock Analysis
NVR INC (NVR): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis
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