|Bid||43.20 x 100|
|Ask||43.22 x 300|
|Day's Range||43.10 - 43.68|
|52 Week Range||31.98 - 53.32|
|PE Ratio (TTM)||16.11|
|Forward Dividend & Yield||0.50 (1.15%)|
|1y Target Est||N/A|
As increases in disposable income and strength in economy are expected to boost housing demand, let us analyze which is a better pick -- Lennar (LEN) or D.R. Horton (DHI).
In this year's letter to Berkshire Hathaway shareholders, legendary CEO Warren Buffett says he wants to only buy companies at "a sensible purchase price." But different market gurus approach this question differently, using a variety of metrics to determine whether a share price is reasonable.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DHI. Over the last one-month, outflows of investor capital in ETFs holding DHI totaled $8.21 billion.
Exchange-traded funds that track the home-building sector fell on Wednesday, after the latest read on home sales came in sharply below analyst forecasts. Pending-home sales fell 4.7% to 104.6 in January, ...
Sales of new U.S. single-family homes fell for a second straight month in January, weighed down by steep declines in the Northeast and South, which could raise concerns the housing market is losing momentum. The weak report from the Commerce Department on Monday followed data last week that showed sales of previously owned homes dropped for a second consecutive month in January amid near-record low inventory. Economists worry rising mortgage rates, which are near a four-year high, and a cap on the mortgage interest deduction in the overhauled tax code will slow housing demand this year.
Exchange-traded funds that track the home-building sector fell on Monday, after the latest read on home sales came in sharply below analyst forecasts. The iShares U.S. Home Construction ETF fell 0.7% while ...
This post is brought to you by Finbox.io . Sign up for your completely FREE trial today! Macro data shows that a sustained upswing in the economy should continue to drive a strong housing market. Through a regional and diversified price-point ...
An increasing number of building permits is a sign of future construction (ITB) activity, which could lead to higher employment and economic output. As per the latest report in January, housing units (XHB) authorized by building permits were at a seasonally adjusted rate of 1.4 million, an increase of 7.4% from the revised December reading of 1.3 million units. In a reversal of the recent trend, multi-unit (apartments) building permits have increased more than single-family permits.
Speculation about housing market normalization after the hurricane-related surge seems unfounded after the January housing starts beat all expectations. Housing starts increased 9.7% in January. The US Census Bureau and the Department of Housing and Urban Development have reported housing starts for January at 1.33 million, a sharp increase from the revised December reading of 1.21 million.
The Zacks Analyst Blog Highlights: Century Communities, D.R. Horton, KB Home, NVR and Toll Brothers
Home builders are getting set to construct more units than they have at any time since the recession, based on building permits, but it comes at a curious moment: Mortgage rates are rising faster than they have in years—which means builders are unlikely to get the same prices they would have a year ago. Housing starts soared 9.7% to 1.33 million, well ahead of expectations for 1.23 million and last month's count of 1.19 million, according to the Commerce Department. Building permits, an indicator of future growth, soared 7.4% to 1.4 million.
U.S. homebuilding rose to more than a one-year high in January, boosted by strong increases in the construction of both single- and multi-family housing units, and further gains are likely with building permits surging to their highest level since 2007. Other data on Friday showed a jump in import prices last month amid solid increases in the costs of petroleum and a range of other goods, bolstering expectations that inflation will accelerate this year. Housing starts jumped 9.7 percent to a seasonally adjusted annual rate of 1.326 million units, the Commerce Department said.
Schultz wrote in a memo to his leadership team that the shift to e-commerce is causing a major inflection point. Yahoo Finance’s Alexis Christoforous, Julia La Roche, and Dan Roberts discuss what’s behind Schultz’s reasoning.
Yahoo Finance’s Seana Smith, Dan Roberts and Penn Financial President Matt McCall discuss the impact rising rates are having on the housing market and how big of a concern it is for the real estate industry.
According to the Bureau of Labor Statistics, these construction-related jobs pay the best. Yahoo Finance's Seana Smith, Pras Subramanian, Ethan Wolff-Mann and Melody Hahm discuss.
There are more signs of strength in the housing market. Construction on new homes jumped 10 percent in January. Building permits are at the highest level since 2007, and that's a sign more is to come. Yahoo Finance's Seana Smith, Ethan Wolff-Mann, Pras Subramanian and Melody Hahm discuss.