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Posts related to ‘homebuilders’

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Home Builder Lennar Posts Another Profit

Lennar Corp. (NYSE: LEN) reported fiscal first-quarter results before markets opened this morning. The home builder reported quarterly diluted earnings per share (EPS) of $0.26 on revenues of $989.9 million. ...
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Five Stocks with the Most Upside from Goldman Sachs’ Conviction Buy List

Every Wall St. firm has a lengthy list of Buy-rated stocks. Analysts in the various sectors the firm covers are asked from time to time to present to the director ...
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Beazer Misses, Horton Tops Quarterly Profit Estimates (BZH, DHI)

Homebuilders Beazer Homes USA Inc. (NYSE: BZH) and D.R. Horton Inc. (NYSE: DHI) reported fiscal fourth-quarter 2012 earnings this morning. For the quarter, Beazer posted a net loss of $2.82 ...
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Homebuilders: Growth Play, Value Play, or Short? (NVR, TOL, PHM, HOV, DHI, BZH, KBH, LEN, HD, LOW)

Virtually every publicly traded homebuilder stock has posted a new 52-week high in the last month and many now trade above their consensus target prices even though they have come ...
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Home Sales Forecasts Raised at Fitch Rating

The housing market recovery has been one of the U.S. economy’s brighter stories this year. Now, Fitch Ratings says that the recovery is even better than we thought. In its ...
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Homebuilding Continues to Thrive (LEN)

Lennar Corp. (NYSE: LEN) this morning reported fiscal third-quarter 2012 earnings per share (EPS) of $0.40 on revenue of $1.1 billion. In the same period a year ago, the homebuilder ...
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Another Homebuilder is Getting Well (KBH, LEN, PHM, HOV, TOL, DHI)

The signals are multiplying that a recovery in home construction is taking place. Earlier this week the S&P Case-Shiller housing price index showed a gain for the first time in ...
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Homebuilder Cuts Dividend (KBH)

KB Home (NYSE: KBH) announced late yesterday that the company’s quarterly dividend for its second fiscal quarter ending in May will be reduced from $0.0625 to $0.025. In the announcement, ...
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Homebuilders Rally, Ignore Case-Shiller Drop (LEN, PHM, BZH, DHI)

This morning’s report on the S&P Case-Shiller housing price index indicated that housing prices continue to fall in the US (our coverage here). Shortly before the January data was released, ...
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Homebuilder Lennar Hammers Estimates (LEN)

Lennar Corp. (NYSE: LEN), one of the country’s largest homebuilders, today reported earnings for its first fiscal quarter ended February 29th. The company reported EPS of $0.08 on total revenue ...
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KB Home Staggers as New Orders Decline (KBH)

Home builder KB Home (NYSE: KBH) was not expected to post a profit in its fourth quarter -- and it didn’t. The company reported a fourth-quarter EPS loss of -$0.59, ...
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Are Homebuilders, Home Improvement Stores Coming Back? (NVR, TOL, PHM, HOV, DHI, BZH, HD, LOW)

Stocks in homebuilders have been down so low for so long that almost anything look like up. Recent earnings releases have indicated that new orders are improving, but much of ...
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Mortgage Applications Fall Again (KBH, LEN, PHM, DHI, BZH, XHB)

Mortgage interest rates remain historically low, but buyers are either unwilling or unable to take advantage of the low rates. After three straight weeks of increases in mortgage applications, borrowers ...
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Expected Upside for Homebuilders and Home Improvement Companies (NVR, TOL, PHM, HOV, DHI, BZH, HD, LOW)

Our look at stock target prices focuses on homebuilders and home improvement stores today. It is not news that U.S. homebuilders have had a very tough few years. In the ...
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New Home Sales Continue to be Awful (KBH, LEN, PHM, DHI, TOL, NVR, BZH, XHB)

Despite a near-compulsive search for good news from the US housing market, nearly every story contains more than enough dismal news to outweigh whatever good news there is. Generally the ...
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