NYSE - Nasdaq Real Time Price USD

Builders FirstSource, Inc. (BLDR)

186.69

-0.55

(-0.29%)

At close: April 24 at 4:00 PM EDT

180.00

-6.69

(-3.58%)

Pre-Market: 9:15 AM EDT

Drop in Housing Starts Hammers Builder Stocks

Shares of homebuilders and building products firms are tumbling after the Census Bureau's tally of housing starts showed a big decline in March. Housing starts fell 14.7% from February to a seasonally adjusted annual rate of 1.47 million, a bad sign heading into the spring building season that suggests mortgage rates' recent climb toward 7% is taking a toll on demand. It has been a sharp reversal for shares of homebuilders and companies that manufacture and distribute building products.

The Wall Street Journal 8 days ago

BCC
-1.38%
IBP
-1.15%
DHI
-1.29%
Builders FirstSource to Host First Quarter 2024 Financial Results Conference Call and Webcast

IRVING, Texas, April 09, 2024--Builders FirstSource, Inc. (NYSE: BLDR) ("Builders FirstSource" or the "Company") will host a conference call and webcast on Tuesday, May 7, 2024, to discuss the Company’s financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Dave Rush, Chief Executive Officer, and Peter Jackson, Chief Financial Officer.

Business Wire 16 days ago

BLDR
-0.29%
Should Value Investors Buy Builders FirstSource (BLDR) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks 16 days ago

BLDR
-0.29%
Construction Hiring Accelerates

Construction employment continues to boom, adding 39,000 jobs last month and 270,000 since March 2023, according to Labor Department data. When the Fed began hiking interest rates about two years ago, the central bank was searching for the magic number that would cool the red-hot housing market. The highest borrowing costs in decades prevented homeowners locked into cheap loans from moving and forced a lot of house hunters into new construction.

The Wall Street Journal 19 days ago

IBP
-1.15%
BLDR
-0.29%
ROAD
Homebuilding sector may be affected by seasonality: Analyst

Wedbush Securities downgraded multiple homebuilding stocks including Lennar (LEN), D.R. Horton (DHI), and LGI Homes (LGIH), claiming they could see seasonal price declines. Despite the downgrade, they maintained their price targets for all five stocks. Wedbush Securities Equity Research SVP Jay McCanless — the analyst behind the call — joins Market Domination to break down the reasoning and take a look at the homebuilding sector and how it may play out going forward. In terms of which of the stocks he downgraded might stand above the rest, McCanless claims: "Not on the homebuilder side but we are favorable on the product side for a company called Builders FirstSource (BLDR). They are the market leader right now in terms of lumber and building product sales, and we think that unit volumes of single-family homes, whether for rent or for sale, are going to be up in '24 versus '23 and we think Builders FirstSource is positioned to meet that demand. We also think they're going to be growing in the repair and remodel category which we have a favorable outlook for that space too." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 22 days ago

CCS

MTH

DHI
-1.29%
Will Builders FirstSource (BLDR) Beat Estimates Again in Its Next Earnings Report?

Builders FirstSource (BLDR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks 23 days ago

BLDR
-0.29%
Are Investors Undervaluing Builders FirstSource (BLDR) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks last month

BLDR
-0.29%
Wall Street Analysts Think Builders FirstSource (BLDR) Is a Good Investment: Is It?

According to the average brokerage recommendation (ABR), one should invest in Builders FirstSource (BLDR). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Zacks last month

BLDR
-0.29%
Is Builders FirstSource (BLDR) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks last month

BLDR
-0.29%
Builders FirstSource (BLDR) Is Considered a Good Investment by Brokers: Is That True?

The average brokerage recommendation (ABR) for Builders FirstSource (BLDR) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Zacks last month

BLDR
-0.29%
Builders FirstSource Prices Offering of $1 Billion of Senior Notes due 2034

IRVING, Texas, February 26, 2024--Builders FirstSource, Inc. (NYSE: BLDR) ("Builders FirstSource" or the "Company") today announced that it has priced an offering of $1 billion aggregate principal amount of 6.375% unsecured Senior Notes due 2034 (the "Notes"), which represents a $400 million increase in the previously announced size of the offering. The price to investors will be 100.000% of the principal amount of the Notes.

Business Wire last month

BLDR
-0.29%
Builders FirstSource Launches Offering of $600 Million of Senior Notes due 2034

IRVING, Texas, February 26, 2024--Builders FirstSource, Inc. (NYSE: BLDR) ("Builders FirstSource" or the "Company") today announced that it has launched an offering of $600 million aggregate principal amount of unsecured Senior Notes due 2034 (the "Notes").

Business Wire last month

BLDR
-0.29%
Builders FirstSource, Inc. (BLDR) Hit a 52 Week High, Can the Run Continue?

Builders FirstSource (BLDR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Zacks last month

BLDR
-0.29%
The Surprising Company Helping Fuel the Market Rally

Artificial intelligence isn't all that's powering the stock market rally. Roof trusses, kitchen cabinets and countertops are having a moment as well. Builders FirstSource, which has been consolidating the building supply business, is having big day after its quarterly results beat Wall Street expectations despite higher interest rates that have chilled the housing and remodeling markets.

The Wall Street Journal 2 months ago

BLDR
-0.29%
Builders FirstSource Slams Views, Boosts Buyback; Eyes Profit Taking Zone

Builders FirstSource rallied toward a profit-taking zone Thursday, after an unexpectedly strong Q4 report and a big share buyback boost.

Investor's Business Daily 2 months ago

BLDR
-0.29%
Builders FirstSource Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Financial Outlook

IRVING, Texas, February 22, 2024--Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the fourth quarter and full year ended December 31, 2023.

Business Wire 2 months ago

BLDR
-0.29%
Builders FirstSource Increases Stock Repurchase Plan to $1 Billion

IRVING, Texas, February 22, 2024--Builders FirstSource, Inc. (NYSE: BLDR) announced that on February 21, 2024, its Board of Directors authorized the repurchase of up to $1.0 billion of the Company’s outstanding shares of common stock, inclusive of the approximately $200 million remaining outstanding in the prior share repurchase plan authorized in April 2023.

Business Wire 2 months ago

BLDR
-0.29%
Wall Street Analysts See Builders FirstSource (BLDR) as a Buy: Should You Invest?

The average brokerage recommendation (ABR) for Builders FirstSource (BLDR) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Zacks 2 months ago

BLDR
-0.29%
Should You Invest in Builders FirstSource (BLDR) Based on Bullish Wall Street Views?

Based on the average brokerage recommendation (ABR), Builders FirstSource (BLDR) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Zacks 3 months ago

BLDR
-0.29%
Builders FirstSource to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast

IRVING, Texas, January 18, 2024--Builders FirstSource, Inc. (NYSE: BLDR) ("Builders FirstSource" or the "Company") will host a conference call and webcast on Thursday, February 22, 2024, to discuss the Company’s financial results and other business matters. The teleconference will begin at 8:00 a.m. Central Time and will be hosted by Dave Rush, Chief Executive Officer, and Peter Jackson, Chief Financial Officer.

Business Wire 3 months ago

BLDR
-0.29%

Performance Overview

Return	BLDR	S&P 500
YTD	+11.83%	+6.33%
1-Year	+98.88%	+22.70%
3-Year	+282.80%	+21.33%

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Builders FirstSource, Inc. (BLDR)

Drop in Housing Starts Hammers Builder Stocks

Builders FirstSource to Host First Quarter 2024 Financial Results Conference Call and Webcast

Should Value Investors Buy Builders FirstSource (BLDR) Stock?

Construction Hiring Accelerates

Homebuilding sector may be affected by seasonality: Analyst

Will Builders FirstSource (BLDR) Beat Estimates Again in Its Next Earnings Report?

Are Investors Undervaluing Builders FirstSource (BLDR) Right Now?

Wall Street Analysts Think Builders FirstSource (BLDR) Is a Good Investment: Is It?

Is Builders FirstSource (BLDR) Stock Undervalued Right Now?

Builders FirstSource (BLDR) Is Considered a Good Investment by Brokers: Is That True?

Builders FirstSource Prices Offering of $1 Billion of Senior Notes due 2034

Builders FirstSource Launches Offering of $600 Million of Senior Notes due 2034

Builders FirstSource, Inc. (BLDR) Hit a 52 Week High, Can the Run Continue?

The Surprising Company Helping Fuel the Market Rally

Builders FirstSource Slams Views, Boosts Buyback; Eyes Profit Taking Zone

Builders FirstSource Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Financial Outlook

Builders FirstSource Increases Stock Repurchase Plan to $1 Billion

Wall Street Analysts See Builders FirstSource (BLDR) as a Buy: Should You Invest?

Should You Invest in Builders FirstSource (BLDR) Based on Bullish Wall Street Views?

Builders FirstSource to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast

Performance Overview