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Posts related to ‘XHB’

Homebuilder Horton Beats Estimates, Expects Full-year Profit (DHI, PHM, LEN, HOV, TOL, NVR, KBH, XHB)

Hopes for a recovery in homebuilding have picked up recently, primarily as a result of pent-up demand for new household formation. All those college grads who moved back in with ...
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PulteGroup Sinks Homebuilders Shares (PHM, DHI, KBH, MHO, XHB)

Homebuilder PulteGroup Inc. (NYSE: PHM) is leading homebuilding stocks into another trough today following a downgrade from S&P Capital IQ to ‘Strong Sell’. MarketWatch cites an analyst’s comment on Pulte ...
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New Homes Sales Wreck Housing Players (HD, LOW, ITB, XHB)

The housing data keeps coming in with a mixed fan-fare.  The new home sales in America for the month of February fell 1.6% to 313,000 versus a Dow Jones consensus ...
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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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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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After Toll’s Report, Housing Market Still Sick (TOL, NVR, PHM, MHO, RYL, DHI, BZH, XHB)

Homebuilder Toll Brothers, Inc. (NYSE: TOL) reported third fiscal quarter earnings this morning, managing to post EPS of $0.25 on revenue of $394 million. Analysts were expecting EPS of $0.03 ...
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Lowe’s & Home Depot Diverge As Homebuilder Proxy (LOW, HD, XHB, ITB, DHI, PHM, PMI)

Lowe's Companies Inc. (NYSE: LOW) reported earnings on Monday morning ahead of the Tuesday report from The Home Depot, Inc. (NYSE: HD).  When you look at the Lowe's numbers and ...
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Mortgage Applications Rise, But Not for New Buyers (NVR, PHM, MHO, RYL, DHI, BZH, XHB, STC)

For the second week in a row, the number of US mortgage applications rose, but the vast majority of the action came in refinancing, not new purchases. This spells continuing ...
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Counter-Take: Should Housing Really Be Recovering Yet? (ITB, XHB, KBH, HOV, DRI, LEN, TOL)

This week is starting to look a bit different for housing and homebuilders and it is a serious matter in considering that the news of the world and the less ...
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Funds Watch: Homebuilders’ ETFs Defy Gravity (XHB, ITB, PKB)

Over the last couple of week's, two of the best performing ETFs were the iShares Dow Jones US Home Construction ETF (NYSE: ITB), up more than 7%, and the SPDR ...
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Pulte Trend, Envy of All Builders… Cutting the Fat (PHM, GS, KBH, LEN, TOL, HOV, DRI, XHB)

Homebuilder PulteGroup Inc. (NYSE: PHM) employed more than 13,000 people at the end of 2005. The company now employs less than 4,800, and that number is set to fall again, ...
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ETF Watch: Housing Resilience (XHB, ITB, PHM)

The economic data on the housing front seems to have very little to cheer about.  Maybe there is some hope on pending sales today, but actual sale closings in existing ...
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Goldman Sachs Expects Improving New Home Sales (GS, PHM, KBH, TOL, HOV, DRI, XHB)

Analysts at Goldman Sachs Group Inc. (NYSE: GS) have had a revelation. The company has added homebuilder PulteGroup, Inc. (NYSE: PHM) to its 'Conviction Buy' list. The only possible explanation ...
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Homebuilders Looking at Spring Sales Through Rose-colored Glasses (DHI, LEN, KBH, XHB)

Spring is traditionally the best season for new home builders. In 12 of the past 14 years, sales of new homes peaked in March or April. If 2011 is going ...
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Mortgage Applications Up, Refinancings Too

The Mortgage Bankers Association publishes a summary of mortgage applications every week, and as a barometer of home sales it adds some color to the official reports from the government. ...
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