Last $1.15 USD
Change Today -0.03 / -2.54%
Volume 11.7K
CHCI On Other Exchanges
Symbol
Exchange
NASDAQ CM
Stuttgart
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

comstock holding companies (CHCI) Snapshot

Open
$1.16
Previous Close
$1.18
Day High
$1.17
Day Low
$1.13
52 Week High
07/26/13 - $2.81
52 Week Low
07/21/14 - $1.10
Market Cap
23.9M
Average Volume 10 Days
55.2K
EPS TTM
$-0.18
Shares Outstanding
18.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for COMSTOCK HOLDING COMPANIES (CHCI)

Related News

No related news articles were found.

comstock holding companies (CHCI) Related Businessweek News

No Related Businessweek News Found

comstock holding companies (CHCI) Details

Comstock Holding Companies, Inc. operates as a real estate development and construction services company in the United States. The company operates through three segments: Homebuilding, Multi-family, and Real Estate Services. The company builds single-family homes, townhouses, mid-rise condominiums, high-rise multi-family condominiums, multi-family units, and residential and commercial developments. It also provides real estate management services, including strategic planning, land development, entitlement, property management, sales and marketing, workout and turnaround strategies, financing, and general construction services; and construction management and general contracting services to other property owners. The company was formerly known as Comstock Homebuilding Companies, Inc. and changed its name to Comstock Holding Companies, Inc. in June 2012. Comstock Holding Companies, Inc. was founded in 1985 and is headquartered in Reston, Virginia.

47 Employees
Last Reported Date: 03/31/14
Founded in 1985

comstock holding companies (CHCI) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $548.0K
Chief Financial Officer
Total Annual Compensation: $250.0K
General Counsel and Secretary
Total Annual Compensation: $309.2K
Compensation as of Fiscal Year 2013.

comstock holding companies (CHCI) Key Developments

Comstock Seeks Acquisitions

Comstock Holding Companies, Inc. (NasdaqCM:CHCI) (Comstock) has filed a shelf registration in the amount of $25 million. Comstock will use the net proceeds from the sale of securities for general corporate purposes, which may include, but are not limited to refunding, repurchasing, retiring upon maturity or redeeming existing debt; working capital; capital expenditures; acquisitions of or investments in businesses or assets, including acquisitions of inventory; and redeeming non-controlling equity interests in the company. Pending application for specific purposes, Comstock may temporarily invest the net proceeds in short-term marketable securities.

Comstock Holding Companies, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Comstock Holding Companies, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total revenue of $7,954,000 compared to $11,557,000 a year ago. Operating loss was $824,000 compared to operating income of $1,035,000 a year ago. Loss before income tax expense was $769,000 compared to income before income tax expense of $1,062,000 a year ago. Net loss was $843,000 against net income of $1,062,000 a year ago. Net loss attributable to company was $1,579,000 against net income attributable to company of $723,000 a year ago. Diluted net loss per share was $0.08 against diluted net income per share of $0.03 a year ago. Net cash used in operating activities was $2,591,000 against net cash provided by operating activities of $4,079,000 a year ago. Purchase of property and equipment was $4,000 against $26,000 a year ago.

Comstock Holding Companies, Inc. Announces Management Changes

Comstock Holding Companies, Inc. announced a series of changes within its senior management team, including the resignation of Gregory V. Benson as President and Chief Operating Officer as of May 5, 2014. He remains on the company's Board of Directors. His current term will expire at the company's 2015 annual meeting of stockholders. Michael Twiss, Vice President of Construction, will assume management of the company's production functions. Dennis Kelleher, Vice President of Land, will assume management of the company's project entitlement and land development functions. Mr. Twiss, the former President of its Raleigh Division, has over 28 years of experience in the homebuilding industry. Mr. Kelleher, who joined Comstock in 2012 after his role as Area President-Washington/Baltimore Region for the NYSE-listed company MI Homes, has over 25 years of experience with regional and national homebuilders. Separately, Tere Richards has been appointed Vice President of Sales, assuming management of the company's project sales and related functions. Ms. Richards has more than 30 years of experience in management of new home sales and marketing, having held management positions with NVR.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CHCI:US $1.15 USD -0.03

CHCI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Hovnanian Enterprises Inc $4.42 USD -0.04
Lennar Corp $38.43 USD -0.84
NVR Inc $1,121 USD -10.26
PulteGroup Inc $18.73 USD -0.51
Toll Brothers Inc $34.20 USD -0.35
View Industry Companies
 

Industry Analysis

CHCI

Industry Average

Valuation CHCI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 8.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COMSTOCK HOLDING COMPANIES, please visit www.comstockhomebuilding.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.