9.82 0.00 (0.00%)
After hours: 5:37PM EDT
|Bid||9.44 x 3000|
|Ask||10.50 x 4000|
|Day's Range||9.21 - 9.94|
|52 Week Range||9.21 - 23.24|
|Beta (3Y Monthly)||2.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2018 - Nov 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.33|
NEW YORK, Oct. 09, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Despite the recent hike in interest rate and other supply constraints, the housing space stands to rake in profits in 2018 on greater demand and modest consumer spending.
In advance of participating in two upcoming investor conferences, Beazer Homes (BZH) (www.beazer.com) provided an operational update in relation to Hurricane Florence. “Hurricane Florence and the significant flooding caused by the storm have impacted operations in our Myrtle Beach, Charleston and Raleigh divisions,” said Allan Merrill, President and CEO of Beazer Homes.
Despite experiencing a level of heightened volatility since January, the S&P 500 Index has managed to reach new highs, up 9.3% year-to-date (YTD) as the market continues its nearly ten-year bull run. The S&P Homebuilders Select Industry Index is down roughly 10% in 2018, and one team of bears on the Street says the worst is yet to come, as outlined in a recent CNBC story. "We expect the housing recovery to remain fairly tepid in 2019," wrote J.P. Morgan analyst Michael Rehaut in a note to clients on Friday.
Homebuilder stocks are tanking after J.P. Morgan said it is "more cautious" about the sector's prospects.
The effects of the recent hurricane will push home buyer demand into the future, rather than dampening it altogether, according to one analyst.
Beazer Homes USA, Inc. will present at the 26th Annual Deutsche Bank Leveraged Finance Conference in Scottsdale, AZ on Tuesday, October 2, 2018 at 8:00 am MST or 11:00 am EDT.
PulteGroup's (PHM) brand Pulte Homes teams up with Builder Boost in order to leverage technology and social media for its new Pulte Smart Home in Austin.
On Wednesday I wrote about the huge divergence between the negative headlines that dominate the news versus the robust economy and massive profit surge happening at the corporate level. Thanks to a strong economy and a 40% cut in the corporate tax rates, black ink is spilling everywhere. Profit growth from the S&P 500 was even better, rising almost 25%, while small-cap concerns in the Russell 2000 are printing money with nearly a 35% earnings gain on average from the like period a year ago.
Beazer also made a recent accretive acquisition and should print approximately $2.50 in earnings per share in FY2019. After posting just under $4.75 a share in earnings in FY2017, LGI Homes should deliver approximately $6.50 a share in profits this fiscal year and probably will do north of $7.50 a share in FY2019.
Zacks.com highlights: Archer Daniels Midland, Dillard's, Delek US Holdings, Bunge and Beazer Homes USA
Beazer Homes USA, Inc. announced today that it has called for redemption all of its outstanding 5.75% Senior Notes due 2019 . The Company will redeem the Notes on September 25, 2018.
Shares of homebuilders are on a roll after luxury homebuilder Toll Brothers Inc (NYSE: TOL ) reported forecast-beating third-quarter earnings, revenues and home deliveries. At the time of writing: Toll ...
Although builders reported strong demand for new homes this month, rising construction costs, dearth of skilled labor and rising prices of homes owing to higher mortgage rates have been niggling.
Stocks of major home construction companies fell on Wednesday, beleaguered by a slump in U.S. equity trading and a decline in homebuilder sentiment.
DHI stock is a standout. Shares of D.R. Horton have been under pressure of late. Bottom line, DHI stock sports top-notch fundamentals and recently topped the Street with an earnings and sales beat. And regarding that other important squiggly line on the price chart, DHI has been demonstrating equally strong technical leadership relative to its peers and the SPDR Homebuilders ETF (NYSEARCA:XHB) by hitting and maintaining new highs in 2018.
Closings are flat, new orders are down, and it's looking for growth by acquirnig a private homebuilder. Those aren't things you see in a booming market.
NEW YORK, Aug. 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Myriad ...