|Bid||44.23 x 200|
|Ask||44.25 x 100|
|Day's Range||44.11 - 44.69|
|52 Week Range||34.99 - 52.73|
|PE Ratio (TTM)||12.36|
|Forward Dividend & Yield||0.44 (0.98%)|
|1y Target Est||N/A|
Real estate icon and ‘Shark Tank’ star Barbara Corcoran tells Yahoo Finance’s Seana Smith, Rick Newman and Dion Rabouin how the new tax law will impact the housing sector.
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.
Bullish chart patterns and strong fundamentals suggest that the homebuilder sector could be worth watching over the next several months.
The Washington Nationals had yet to play a game. U Street NW was home to The Ellington, a year-old, 190-unit apartment building. Donatelli Development, which built The Ellington, was deemed a “pioneer” for doing so.
Sursum Corda is now a Toll Brothers property. An affiliate of Horsham, Pennsylvania-based Toll Brothers Apartment Living this week acquired the Northwest D.C. neighborhood from the Sursum Corda Cooperative Association for $60 million, in addition to the neighboring 76 M St. NW in a separate buy for $3.5 million. "Toll Brothers Apartment Living has acquired the Sursum Corda Cooperative," the company said in a statement.
The ADP February jobs report was published on March 7, 2018. It offered a deeper insight into the employment trends across different sectors in the US employment market. This report is prepared by ADP, a human resource management solutions provider, in collaboration with Moody’s Analytics.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 9. Index (PMI) data, output in the Consumer Goods sector is rising.
The Conference Board uses the average weekly unemployment claims as a key constituent of its LEI (Leading Economic Index). An optimal level of employment is one of the key ingredients for a healthy economy, and rising unemployment is a red flag for the economy and could eventually lead to a recession. The Conference Board thus uses weekly claims data (instead of monthly non-farm payrolls) because weekly claims, when adjusted for seasonality, can provide a more accurate account of the underlying economic conditions.
Toll Brothers (TOL) exhibits solid fiscal first-quarter results. However, weak gross margin owing to lower-than-expected average selling price poses a risk.
As the housing market was on fire in the early part of the century, and especially as we got into its peak, TOL stock roared from about $20 to $55. Toll Brothers also moved into the rental business in the Boston to Washington D.C. corridor, LA, San Francisco, San Diego, Atlanta, Dallas and Phoenix.
LGI Homes and Toll Bros. topped earnings views Tuesday amid broad housing demand. Housing stocks are trying to bounce back after NVR triggered a sell-off.
Shares of the company initially rose after it reported an 88 percent rise in net income and higher average home prices, before reversing course along with those of other homebuilders. The company's shares fell 4.8 percent to $45.23 in late afternoon trading. Concerns of rising mortgage rates and the impact of the new tax law on higher-priced homes were largely weighing on the housing sector, Moody's Investors Service Vice President Joseph Snider told Reuters.
Tech stocks saw modest selling pressure midday Tuesday. Apple hit a new high before reversing lower.
Disney, Fox and Comcast were in early motion on merger news, as markets awaited testimony from the new Federal Reserve chief.
The Zacks Analyst Blog Highlights: Toll Brothers, Burlington Stores, Acco Brands and Huntington Ingalls Industries
U.S. stock index futures pointed at a flat Tuesday open after new Fed Chair Jerome Powell said the central bank plans to continue to hike rates.
On a per-share basis, the Horsham, Pennsylvania-based company said it had profit of 83 cents. Earnings, adjusted for pretax gains, were 63 cents per share. The results topped Wall Street expectations. ...
U.S. luxury homebuilder Toll Brothers Inc on Tuesday reported an 87.6 percent jump in quarterly profit, boosted by an increase in home sales and a benefit related to the new U.S. tax plan. The company's ...