Ryland is one of the nation's largest homebuilders and a leading mortgage-finance company. From its initial sale of 48 homes in Columbia, Maryland, in 1967, Ryland has expanded across the nation. The company operates in 28 markets across the country, and has built more than 275,000 homes and financed more than 230,000 mortgages.
2. What is the company's mission and strategy?
Ryland's mission is to build homes of the highest quality and value, while providing the highest level of satisfaction to its customers, employees and shareholders. The company has a cohesive and successful strategy to accomplish this mission, which consists of:
Maximizing efficiencies by being a high-production homebuilder
Building homes for entry-level and move-up buyers
Building upon the strength of our national brand and our reputation for customer service
Following a decentralized operating strategy in order to capitalize on managements extensive local market knowledge and industry expertise
Increasing shareholder value through careful management of risks and a high return on investment
3. Where does Ryland build?
Ryland builds homes in the following markets: Atlanta, Austin, Baltimore, Charleston, Charlotte, Chicago, Cincinnati, Dallas, Delaware, Denver, Fort Myers, Greensboro, Greenville, Houston, Indianapolis, Jacksonville, Las Vegas, Minneapolis, Myrtle Beach, Orlando, Phoenix, Sacramento, San Antonio, Tampa, Northern Virginia (D.C. area), and the Inland Empire, Central Valley and Coachella Valley in California.
4. What types of homes does Ryland build?
Currently, our customer profile consists of a balanced mix of entry-level buyers and first- and second-time move-up buyers. These groups make up the majority of current and future homebuyers; and as a high-volume production builder, we are best-suited to provide these homebuying segments with the high level of innovative design and quality they demand.
5. How much do Ryland homes cost?
The average price of a Ryland home in 2007 was $285,000.
6. What services does Ryland's mortgage company provide?
Ryland Mortgage Company offers a full range of products and services to take homebuyers through virtually every aspect of their new home purchase, from initial application to close of escrow. Ryland Mortgage Company includes:
Ryland Mortgage
Ryland Insurance
Ryland Title
Ryland Escrow
7. What differentiates Ryland from other builders?
Our operations span the significant aspects of the homebuying process - from the design, construction and sale of single-family homes to competitive mortgage-financing programs and title search, settlement and escrow services. We also offer homeowners insurance in certain markets.
In addition, our geographic diversity, financial strength and market-driven strategies are a combination that can't be beat in our industry. We have put together a comprehensive customer satisfaction program that focuses on the entire homebuying and homeowning process. These strengths enhance our ability to take advantage of growth opportunities and provide maximum value for homebuyers.
8. How do I contact senior executives of Ryland?
Ryland's corporate offices are located at 24025 Park Sorrento, Suite 400, Calabasas, CA, 91302.
9. What is Ryland's dividend policy?
Ryland pays a quarterly dividend of $0.12 per share, totaling $0.48 per share annually.
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Stock Information
NYSE:RYL
$33.58- 0.03
May 16, 2008
4:10 PM ET
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