Announcements on Earnings Schedules, Unsecured Revolving Facility and New Home Collections - Research Report on Ryland, Standard Pacific, MDC, Hovnanian, and Taylor Morrison

Mon Jul 22, 2013 8:01am EDT

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Announcements on Earnings Schedules, Unsecured Revolving Facility and New Home Collections - Research Report on Ryland, Standard Pacific, MDC, Hovnanian, and Taylor Morrison

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NEW YORK, July 22, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting The Ryland Group, Inc. (NYSE: RYL), Standard Pacific Corporation (NYSE: SPF), M.D.C. Holdings, Inc. (NYSE: MDC), Hovnanian Enterprises, Inc. (NYSE: HOV), and Taylor Morrison Home Corporation (NYSE: TMHC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The Ryland Group, Inc. Research Report

On July 15, 2013, The Ryland Group, Inc. (Ryland) introduced two new home collections in Plainfield, IN. The Company stated that both, The Estate Collection at Forest Creek and The Americana Collection at The Lakes at Sugar Cove offer beautiful new homes and a luxury, recreation-filled lifestyle. Ryland informed that the Grand Opening of the new home collections began on July 13, 2013, and homebuyers who act quickly will have their choice of prime homesites. The Full Research Report on The Ryland Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7f8c_RYL]

Standard Pacific Corporation Research Report

On July 2, 2013, Standard Pacific Corporation (Standard Pacific) announced that it will release its Q2 2013 financial results on July 25, 2013, after the market close of the NYSE. On July 26, 2013, the Company will host an earnings conference call and broadcast a slide show and audio presentation over the Internet at 12:00 p.m. ET. In Q1 2013, Standard Pacific had reported a 74% YoY increase in dollar value of net new orders and a 117% YoY increase in dollar value of backlog. Also, home sale revenues were up 61% YoY, with average selling price up 9% YoY and new home deliveries up 48% YoY. The Full Research Report on Standard Pacific Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3bf4_SPF]

M.D.C. Holdings, Inc. Research Report

On July 17, 2013, M.D.C. Holdings, Inc. (MDC) announced that it will release its Q2 2013 financial results on July 30, 2013, before market open. On the same day, the Company will host a teleconference at 12:30 p.m. ET to discuss the results. In Q1 2013, MDC reported a 22% YoY increase in net new orders, and an 80% YoY increase in home sales revenue. The Full Research Report on M.D.C. Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/143c_MDC]

Hovnanian Enterprises, Inc. Research Report

On July 11, 2013, Hovnanian Enterprises, Inc. (Hovnanian) announced that it has entered into a five-year $75 million unsecured revolving credit facility with Citicorp USA, Inc. (Citicorp) as administrative agent and issuing bank, and Citibank, N.A. (Citibank) as a lender. According to the Company, the unsecured credit facility is available for both letters of credit and general corporate purposes. "The addition of a revolving credit facility to the cash we currently have on hand provides additional liquidity and financial flexibility," said Ara K. Hovnanian, Chairman of the Board, President, and CEO of Hovnanian. "The new facility enables us to capitalize on additional new land opportunities and grow our business even further." The Full Research Report on Hovnanian Enterprises, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/bb4c_HOV]

Taylor Morrison Home Corporation Research Report

On July 11, 2013, Taylor Morrison Home Corporation (Taylor Morrison) announced that it will release its Q2 2013 financial results on August 13, 2013, after the market closes. On the same day, the Company will host a reference call at 4:30 p.m. ET to discuss the results. In Q1 2013, Taylor Morrison had reported an increase of 52% YoY in its net sales orders, and a 45% YoY increase in its sales order backlog of homes under contract. The Full Research Report on Taylor Morrison Home Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/cdca_TMHC]

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