|Bid||0.00 x 1000|
|Ask||0.00 x 4000|
|Day's Range||41.05 - 41.61|
|52 Week Range||30.56 - 41.61|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.28|
|Expense Ratio (net)||0.35%|
Bank of America recently released its 2019 Spring Homebuyer Insights Report, which includes survey results collected from a nationwide sample of more than 1,900 U.S. adults who currently own a home plan to in the future. Investors may be particularly interested with the findings from the youngest group of potential homebuyers, Gen Z Americans aged 18 to 23. Gen Z Americans plan to buy a home before age 30.
Housing Sales Data Look Promising—Can Homebuilders Benefit?(Continued from Prior Part)Homebuilders’ reactions to housing starts reportGiven the significant setbacks in housing data over the last few months, homebuilders’ confidence has taken a
KB Home (KBH) was upgraded to 'outperform' from 'sector perform' at RBC Capital Markets and the firm increased its price target on the homebuilder by $5 to $30. As a result, KB Home shares rose 2.5% to $27.47 in trading Thursday. KBH is just one of the stocks that may signal a trend in improving homebuilder stocks.
How to Make Sense of Economic Indicators and Invest Accordingly(Continued from Prior Part)Building permitsWhen real estate developers or REITs like AvalonBay (AVB) are confident about the economy, they build more in anticipation of future demand
Investing.com - Homebuilder D.R. Horton fell sharply on Thursday after its better-than-expected quarterly results were offset by pessimistic outlook on revenues.
Shares of D.R. Horton Inc. dropped 5.1% in premarket trade Thursday, after the home builder reported fiscal second-quarter earnings and revenue that beat expectations, but provided downbeat full-year guidance. Net income for the quarter to March 31 edged up to $351.3 million, or 93 cents a share, from $351.0 million, or 91 cents a share, in the same period a year ago. The FactSet EPS consensus was 86 cents. Revenue rose to $4.13 billion from $3.79 billion, topping the FactSet consensus of $4.01 billion. Net sales orders rose 6% to 16,805 homes and grew 4% in value to $4.9 billion, compared with expectations of 16,732 homes and value of $5.0 billion. The company said it expects fiscal 2019 revenue of $16.7 billion to $17.0 billion, below the FactSet consensus $17.2 billion, and homes closed of 55,000 homes to 56,000 homes, surrounding expectations of about 55,800. The stock has soared 35% year to date through Wednesday, while the SPDR S&P Homebuilders ETF has climbed 26% and the S&P 500 has gained 17%.
Few industries have staged a more remarkable turnaround during the past six months than home builders, and with the promise of low interest rates, a healthy consumer and data showing new home sales surging, it looks like blue skies ahead for the home construction industry. The central question for investors in these stocks, experts say, is whether home builders can cater to the pent-up demand for affordable, entry-level homes as the millennial generation enters its prime home-buying years. “Affordability of housing is the key factor,” Pat Tschosik, senior sector strategist at Ned Davis Research, told MarketWatch.
Equipment manufacturer Caterpillar reported better-than-expected first-quarter earnings on Wednesday, which could inspire homebuilder exchange-traded funds (ETFs) in what’s been a challenging environment ...
Existing home sales for March declined and missed market expectations. The D. R. Horton stock was also downgraded. It is better to stay away from housing ETFs.
Bed Bath & Beyond Refreshes Its Board, Co-Founders Step DownBig announcement On April 22, Bed Bath & Beyond (BBBY) announced that it’s refreshing its board. The company is replacing its five independent directors with new directors. Bed
The numbers: The National Association of Home Builders’ monthly confidence index rose one point to 63 in April, the trade group said Tuesday. What happened: The gauge of current sales conditions rose one point to 69, but the one that tracks expectations for the coming six months fell one point to 71.
It could be good vibrations ahead for homebuilder-focused exchange-traded funds (ETFs) after the National Association of Home Builders/Wells Fargo Housing Market Index rose a point during the month of ...
How Did Bed Bath & Beyond Fare in the Fourth Quarter?Fourth-quarter performance Bed Bath & Beyond (BBBY) posted fourth-quarter earnings after the market closed on April 10. The company posted adjusted EPS of $1.20 on revenues of $3.31
Home Depot Stock Up ~7.3% Since Last Earnings: More Upside Ahead?Stock performanceAs of April 5, Home Depot (HD) was trading at $202.06, a rise of 7.3% since its fourth-quarter earnings announcement on February 26. Also, the company was trading at a
Yahoo Finance sits down with Jonathan Miller, the CEO of Miller Samuel, to discuss the impact tech companies may have on New York City real estate. They also discuss a decrease in foreign buyers in the U.S. real estate market, in addition to, a slip in the 30-year fixed-rate average to 4.06 percent.
The S&P CoreLogic Case-Shiller Index weakened yet again in March for the 12th month in a row, showing an increase of 3.7% down from 3.9% in February. Realtor.com Chief Economist Danielle Hale and Zillow Director of Economic Research
As the Fed's independence is questioned, what is the impact? Sri Kumar, Sri Kumar Global Strategies, and Art Hogan, National Securities, discuss.
'Million Dollar Listing LA' star David Parnes discusses the housing market and the outlook on house flipping with Yahoo Finance's Zack Guzman and Kristin Myers, along with Glenn Hall, Dow Jones Newswire Global Chief editor.
The author of 'Rich Dad Poor Dad' Robert Kiyosaki joins Yahoo Finance's Scott Gamm to discuss how to manage your money and his new book ‘Fake: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer’.