PROFILE |
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On its mark, home builder Newmark Homes is targeting move-up buyers relocating primarily in high-growth areas in Florida, North Carolina, Tennessee, and Texas. Marketed under the Newmark and Westbrooke brands, its standard homes cost between $140,000 and $400,000 and range in size from 1,700 sq. ft. to 4,500 sq. ft. In addition, Newmark makes custom homes under the Fedrick, Harris Estate Homes name that cost more than $1 million. To target empty-nest buyers, the company has created Marksman Homes, which builds homes that average at $150,000. Greek construction firm Technical Olympic owns 80% of Newmark Homes, which is considering a combination with Technical Olympic's Engle Homes unit.
COMPETITION |
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Centex Corporation (CTX)
D.R. Horton, Inc. (DHI)
KB Home (KBH)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 640.50
1-Yr. Sales Growth: 30.3%
Employees: 543
Revenue per employee: $1,179,558.01
KEY PEOPLE |
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Lonnie M. Fedrick
CEO
Terry C. White
CFO
CONTACT INFO |
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1200 Soldiers Field Dr.
Sugar Land, TX 77479
US
Phone: 281-243-0100
Fax: 281-243-0123
Online: Web Site
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