Last week, The New Home Company (NEW HOME) (NYSE: NWHM) received "The Eliant" award for providing its customers with the best purchase and ownership experiences of any builder in the United States. The honor was presented during the 24th annual Eliant Homebuyers’ Choice Awards.

Q4 2019 New Home Company Inc Earnings Call

While it may not be enough for some shareholders, we think it is good to see the The New Home Company Inc. (NYSE:NWHM...

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

Q2 2019 New Home Company Inc Earnings Call

In 2010 Larry Webb was appointed CEO of The New Home Company Inc. (NYSE:NWHM). This analysis aims first to contrast...

The New Home Company Inc. (NYSE: NWHM) today announced results for the 2020 first quarter.

The New Home Company Inc. (NYSE: NWHM) (the "Company") announced today that its Board of Directors (the "Board") has adopted a tax benefit preservation plan (the "Plan") to help preserve the value of its net operating losses and other tax attributes. As of March 31, 2020, the Company had approximately $85.7 million of gross deferred tax assets, which are valued on a tax-effected basis at approximately $16.6 million. The Company's gross deferred tax assets consist of tax attributes including at least $42.7 million of cumulative state net operating losses, $3.0 million of energy tax credits, and $25.8 million of basis differences in joint venture investments and inventories that may be carried forward and can be utilized in certain circumstances to reduce future taxable income. While we believe a portion of the deferred tax assets may be eligible to be carried back to offset U.S. federal income taxes due to the tax law changes arising from the Coronavirus Aid, Relief, and Economic Security (CARES) Act, our ability to carry back such net operating losses is dependent on several factors, including the timing of when such tax assets become deductible.

While a variety of housing types are now available, detached single-family homes still reign supreme in the Sacramento region. But houses and lots are getting smaller.

Moody's Investors Service (Moody's) affirmed the B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating and B3 senior unsecured notes rating of The New Home Company, Inc. (NWHM). The affirmation reflects Moody's view of modestly improving, but still strained, credit metrics and continued geographic concentration in California. The downgrade of the SGL rating reflects Moody's expectation of increased investments in land over the next 18 months as well as the upcoming expiration of the company's unsecured revolver in March 2021.

The New Home Company (NEW HOME, NYSE: NWHM) today announced the Model Home Grand Opening for Sterling, a collection of stunning two-story, single-family residences on a hilltop setting at Esencia in Rancho Mission Viejo. NEW HOME will debut three furnished models on Saturday, March 21, 2020. Sterling is the final neighborhood to open at Esencia and will be the last new models in Rancho Mission Viejo until early 2022.

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of The New Home Company, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

Q3 2019 New Home Company Inc Earnings Call

The New Home Company (NYSE: NWHM) today announced that the Company will release its financial results for the first quarter of 2020 before the market opens on Friday, May 8, 2020. The Company will also host a conference call for investors and other interested parties beginning at 7:00 AM Pacific Time (10:00 AM Eastern Time) on that same day to review the results, discuss recent events and conduct a question-and-answer period.

After postponing the public Model Homes Grand Opening in late March to keep its customers and team members safe during the COVID-19 health crisis, The New Home Company (NEW HOME, NYSE: NWHM) today announced brisk sales in the first three phases at Sterling, a collection of stunning two-story, single-family residences at Esencia in Rancho Mission Viejo. NEW HOME utilized virtual tours, social media and its Online Sales Concierge program, as well as highly personalized private tours, to present the model homes and communicate with buyers, resulting in the sale of 14 homes to date.

Q1 2020 New Home Company Inc Earnings Call

We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

A series of land deals in recent weeks with more in the offing, involving several homebuilders, suggests there are plenty of new rooftops planned for what’s now being called Folsom Ranch.