|Bid||41.56 x 1800|
|Ask||43.50 x 3200|
|Day's Range||41.69 - 42.22|
|52 Week Range||25.10 - 42.22|
|Beta (5Y Monthly)||0.60|
|PE Ratio (TTM)||12.76|
|Earnings Date||Jan 27, 2020|
|Forward Dividend & Yield||0.48 (1.15%)|
|Ex-Dividend Date||Dec 15, 2019|
|1y Target Est||42.36|
An index measuring sentiment in the home-building industry fell off a near-record high from the previous month.
PulteGroup acquired a site in Lauderdale Lakes the city has been trying to develop for a decade. The national homebuilder (NYSE: PHM) paid $1.72 million to the Lauderdale Lakes Community Redevelopment Agency (CRA) for 20 acres at the southwest corner of West Oakland Park Boulevard and Northwest 31st Avenue.
Solid homebuilding fundamentals are expected to boost housing demand in 2020. In this context, let us analyze whether Meritage Homes (MTH) or Taylor Morrison (TMHC) is a better pick at the moment.
With mortgage rates low, home-builder confidence high, and the consumer strong, the backdrop for housing stocks generally appears robust. Lennar looks cheap compared with the market and other home builders.
With accretive acquisitions, solid housing market fundamentals, and a well-stocked inventory of land, lots and homes in place, D.R. Horton (DHI) is expected to perform well in fiscal 2020.
PulteGroup Inc. puts a lot of stock in its company culture and a big part of that in Central Florida includes being able to impact its neighbors — people in the communities where it builds. The Atlanta-based homebuilder (NYSE: PHM), which has its North Florida corporate office in Orlando, offers volunteer hours to employees and sponsors team-building volunteer and philanthropic events to encourage volunteering. Last year, PulteGroup’s local office built and donated a new, mortgage-free, fully furnished home in St. Cloud to Army veteran Andrew Inman — who suffered from post-traumatic stress disorder (PTSD) after five years of service in the U.S. Marine Corps — as well as his wife, Erin, and their two young daughters.
A real estate company's recent land grab in St. Cloud may lead to a new mixed-use development. Winter Park-based Douglas Partners LLC's Triple H Ranch LLC on Dec. 27 bought 500 acres southeast of Hickory Tree Road and U.
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […]
Prudent land investment strategy and upbeat housing market are likely to drive PulteGroup's (PHM) overall performance despite higher costs.
The small sample size of the new-home sales report from the U.S. Census Bureau lends itself to wide swings and significant revisions.
It's the four walls and roof over our heads which we call home. But when it comes to investing, the universe of related housing stocks is so much more. And right now the price charts of three housing stocks within this broader market are offering bulls and bears opportunities to build profits today.For many in the United States, living the American dream is strongly associated with home ownership. And these days D.R. Horton (NYSE:DHI), Lennar (NYSE:LEN) and PulteGroup (NYSE:PHM) are names at the forefront of this vision. And rightfully so. These three companies are the country's largest builders of residential homes of all types.Still, there are great opportunities within housing stocks if investors think and look outside the box. For one, there are many other types of dwellings many Americans proudly call home. And importantly, there's the companies which make the materials and tools, as well as the suppliers which are integral to guaranteeing your residence is even possible. And right now, three of these alternative housing stocks have constructed price patterns for big-time bullish and bearish profits. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Housing Stocks to Trade: Home Depot (HD)Source: Chart by TradingView The first of our housing stocks to trade is home improvement retailing giant Home Depot (NYSE:HD). No doubt it's been a great run for HD stock and its investors. Still, all stocks do correct. Amazon's (NASDAQ:AMZN) current funk or Netflix's (NASDAQ:NFLX) recent bottom are strong evidence in today's market that even the best and biggest companies hit periods of bearish behavior. And Home Depot is no exception. * 7 Vaping Stocks to Get into Ahead of the Crowd Technically, shares of HD stock have already confirmed a bearish top within a five-point broadening pattern. Now a small rally has brought this housing stock back near November's topping candle signal price. Coupled with a bearish stochastics crossover, the pattern risk relative to profits is skewed very favorably for a short position in this housing stock.Trading HD Stock: Short HD stock today. A stop-loss above the broadening pattern works out to a manageable 8%. However, if all goes more or less according to plan, a deeper corrective phase could land shares in a very profitable support zone between $125-$152 before finding a bottom. Sherwin Williams (SHW)Source: Chart by TradingView The second of our housing stocks to trade is paint and coatings giant Sherwin-Williams (NYSE:SHW). My colleagues at InvestorPlace are uniformly bullish on SHW stock. In fact, it made Will Ashworth's recent list of nine stocks to own for the next decade despite having rocketed by approximately 1,350% since the financial crisis.I'm unsure as to whether SHW stock investors have been smelling paint thinner with those heady gains. Nevertheless, I'll concede technically the case for buying this housing stock looks good.On the weekly chart shares of Sherwin Williams have put together a smallish symmetrical triangle formation. This is typically seen as a continuation pattern. And following a lengthy double corrective period from 2018 into this past summer, gains following the breakout could be just halfway home for bulls. * The 8 Biggest Investing Surprises of 2019 Trading SHW Stock: Buy this housing stock on a breakout above pattern resistance near $585. I'd look to start taking profits and reduce exposure near $635-$650. However, another similar size leg could take SHW stock towards $700. To contain risk on the downside I'd keep a tight lid on shares with a stop-loss beneath the triangle's support at $565. Winnebago (WGO)Source: Chart by TradingView The last of our housing stocks is recreational vehicle or RV giant Winnebago (NYSE:WGO). Remember what I said about alternative dwellings? Well, many folks do aspire to hit and live on the road full-time. And Winnebago is a definite way to go about living this type of American dream.What's more, following an impressive earnings beat, shares of this unconventional housing stock are breaking out in style. I'd call it a large cup-with-handle pattern breakout. Others label today's bullish price action as coming out of a flat base. Either way, WGO stock is a buy today.Trading WGO Stock: Buy WGO stock today and park profits in your trading account by reducing risk at new all-time-highs between $65-$70. To protect against this momentum-driven purchase going south, setting a stop-loss below $47 looks like a smart enough exit off and on the price chart.Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Vaping Stocks to Get into Ahead of the Crowd * 5 Retail Stocks That Are Winning Big This Holiday Season * Make the Shift Toward Value Stocks With These 5 Picks The post Unconventional Housing Stocks to Trade: 2 Buys and 1 Short appeared first on InvestorPlace.
Construction companies want to build affordable housing — but they need help from politicians, Robert Dietz, chief economist at the National Association of Home Builders said.
PulteGroup, Inc. (NYSE: PHM) today announced that it will release its fourth quarter 2019 financial results before the market opens on Tuesday, January 28, 2020. The Company will hold a conference call to discuss its fourth quarter results that same day at 8:30 a.m. (ET).
The numbers: Home builders are closing out 2019 more optimistic than they’ve been in decades. The National Association of Home Builders’ monthly confidence index increased five points to 76 in December from an upwardly-revised 71 the month prior, the trade group said Monday. What happened: Home builders have grown steadily more confident throughout 2019 — this time a year ago, the confidence index was at 56.