ThinkstockThe home building industry may have been left for dead after the mortgage debacle and recession of 2008, but it continues to help lead markets higher and heal a very anemic economy.…
ThinkstockFollowing about 10 months of mostly steady improvement in share prices, growth has flattened out a little in the homebuilders’ stocks. Upbeat reports on the state of the housing market, historically low…
ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with supply. Doomsday…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and cut…
U.S. equity markets opened slightly lower this morning following not-much in the way of new data and a wait-and-see attitude until tomorrow’s meeting announcement from the FOMC, which began a two-day meeting…
U.S. equity markets opened mixed this morning on relatively little new data. In Europe, Italian consumer confidence rose more than expected and Germany auctioned 12-month bills at a positive yield for the…
ThinkstockBank of America/Merrill Lynch is going positive on the housing sector. This call is in builders and in building products, but they also made a positive call on two senior housing plays.…
Flickr, Images of MoneyThe resolution for the fiscal cliff remains elusive. The politicians hate each other too much to be rational. If one sector has a lot to lose as the country…
ThinkstockA disappointing report for new home sales in October sure took a bite out of the homebuilder stocks today. The Census Bureau showed a 0.3% decline to 368,000 on an annualized basis. This…
U.S. equity markets opened higher this morning on a day when most government offices and banks are closed in observance of Veteran’s Day. Asian markets were muddled this morning as reports came…
ThinkstockHomebuilders 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 per share…
U.S. equity markets opened lower this morning, but climbed out of their hole early with a boost from the strong showing on consumer sentiment. In Asia, China posted retail sales and industrial…
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 off those…
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 latest research…
Hovnanian Enterprises Inc. (NYSE: HOV) may have been the hardest hit of all the publicly traded homebuilders since the housing market collapse began in 2007. The share price dipped below a dollar…
