|Bid||0.00 x 900|
|Ask||0.00 x 3100|
|Day's Range||37.93 - 38.25|
|52 Week Range||30.56 - 42.02|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.33|
|Expense Ratio (net)||0.35%|
Williams-Sonoma’s Fourth-Quarter Earnings: What to ExpectStock performanceWilliams-Sonoma (WSM) is scheduled to post its fourth-quarter results after the market closes on March 20. As of March 13, the company was trading at $56.99, which
RH Stock Up ~20% in 2019: Is There More Upside?Stock priceAs of March 7, RH (RH), formerly known as Restoration Hardware, was trading at $144.61, which represents a rise of 20.7% since the beginning of 2019. Also, the company was trading 94.1%
Can Home Depot and Lowe’s Stock Price Momentum Continue?Home improvement sector Last year, home improvement retailers had a tough time. The SPDR S&P Homebuilders ETF (XHB) had fallen 26.5%. The higher interest rate, a weak housing market, and
Investors seeking to tap the solid trend in the homebuilder space could look at the three ETFs that make for a more compelling choice rather than a single stock.
Lowe’s: Key Takeaways from Its Q4 EarningsFourth-quarter earnings Lowe’s (LOW) posted its fourth-quarter earnings on February 27. For the quarter ending on February 1, the company posted an adjusted EPS of $0.80 on revenues of $15.65 billion. The
Is Bill Ackman's Conviction in Lowe's Stock Coming True?Bill Ackman and Lowe’sBill Ackman’s Pershing Square declared its $1 billion stakes in Lowe’s (LOW) in the first quarter of 2018. At the end of the fourth quarter, Lowe’s was Pershing
A Fed that has adopted a less-aggressive stance in lifting borrowing costs has helped to quell a jittery stock market, but arguably few sectors have benefited more from that policy shift than housing shares. Housing shares are poised for their second-best yearly return of the past seven years, according to FactSet data, even as popular home-building exchange-traded funds were sliding on the day after a barrage of weaker housing data.
The National Association of Realtors reported Wednesday pending sales increased 4.6 percent to 103.2 in January, up from 98.7 in December. Fed policy on interest rates was credited with getting buyers back into home buying mode.
Home Depot: Key Takeaways from Its Q4 EarningsFourth-quarter performance Home Depot (HD) posted its fourth-quarter results on February 26. For the quarter ending on February 3, the company posted an EPS of $2.09 on revenues of $26.49 billion.
S&P CoreLogic Case-Shiller national home price index posted a 4.7% annual gain in December, down from 5.1% in the previous month.
What to Expect from Home Depot’s Fourth-Quarter EarningsStock performanceHome Depot (HD) is scheduled to announce its fourth-quarter earnings before the market opens on February 26. As of February 20, the company was trading at $191.85, which
Fortunately for homeowners, the housing market recovered relatively quickly. Bubbles are notoriously hard to recognize in real-time, but there are certainly telltale signals to watch in the housing market. During that same stretch, housing prices nearly doubled that gain, rising 48 percent.
Lumber prices have made quite a comeback this year, climbing by 25% in January and nearly erasing the decline suffered in 2018, as the market gets a boost in demand ahead of the spring building season. Looking ahead, however, analysts urge caution.
Futures and related home-building stocks like Lowe’s jumped in January and early February, but this spring’s housing activity will determine whether the rally can be sustained
Shares of M/I Homes Inc. shot up 13.0% toward an 8-month high midday trade Tuesday, enough to pace gains among its homebuilder peers, after the company reported upbeat fourth-quarter results. That puts the shares on track for the biggest one-day gain since December 2011. Net income doubled to $32.4 million, or $1.15 a share, from $15.9 million, or 53 cents a share, in the same period a year ago. Excluding one-time charges, adjusted earnings per share rose to $1.32 from 90 cents, compared with the average estimate of two analysts surveyed by FactSet of $1.17. Revenue rose 16% to $722.5 million, above expectations of $684.6 million, according to FactSet. Meanwhile, new contracts declined 4% to 1,173, which the company attributed to a "more challenging housing conditions and affordability pressures." Chief Executive Robert Schottenstein said housing conditions remain "choppy" heading into 2019. The stock has now climbed 16.8% over the past three months, while the SPDR S&P Homebuilders ETF has edged up 4.6% and the S&P 500 has eased 0.2%.
As the stock market began to lift off its late December 2018 lows and ultimately turned into a sharp rally by early January, shares of homebuilding and related stocks were not left behind. In fact, this group of stocks as represented by the SPDR S&P Homebuilders ETF (NYSEARCA:XHB) has outperformed the broader market rally, and the XHB ETF now sets up for a trade with a well defined next upside target. Before digging into the charts and the specific near-term trade setup in the XHB ETF allow me to also note the following; U.S. bond yields using the benchmark 10 year Treasury Note topped in October 2018 and to yours truly it looks like upside in yield terms is capped. If one believes that the U.S. consumer will not fall into a major recession in the next six to 12 months and bond yields remain capped across the yield curve but more importantly on the intermediate term to long end, then homebuilder and related stocks could be a good bet, at least in relative terms. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### XHB ETF Charts Click to Enlarge Moving averages legend: red - 200 week, blue - 100 week, yellow - 50 week With that in mind, let's look at the multiyear weekly chart of the XHB ETF and note that the late December 2018 lows coincided with the lower end of the long-standing up-trending channel. Also, from a momentum perspective, the weekly MACD oscillator at the bottom of the chart reached oversold levels that in the past led to bounces of several months. * 10 Stocks to Sell in February While I think the upside momentum will likely slow for the XHB ETF, there still looks to be a well-defined next upside target to target for a trade. Click to Enlarge Moving averages legend: red - 200 day, blue - 100 day, yellow - 50 day On the daily chart, we see that after an initial sharp bounce off the late December lows the XHB ETF has over the past few weeks (since early January) largely trotted sideways. This has allowed the blue 100-day simple moving average to catch up with price on the downside. This coiling of price right at this moving average and generally in a well-defined consolidation range does now increase the odds of a next leg higher. Note that there are lots of earnings reports of constituent stocks in the XHB ETF still on tap in coming days and weeks. Nonetheless, the XHB could be bought here for a trade to a next upside profit target closer to $37, which would also roughly coincide with the red 200-day simple moving average. Any sharp one-day bearish reversal would be an initial stop-loss trigger. Get FREE ACCESS to Serge's renowned Stock Market Scanner with actionable trade ideas. Get it HERE. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy for the Rest of the Year * 10 Best Consumer Stocks to Buy in 2019 * 10 Triple-A Stocks to Buy in February Compare Brokers The post Trade of the Day: This Homebuilders ETF Has Breakout Potential appeared first on InvestorPlace.
Home improvement companies and homebuilder-related ETFs could find support from homeowners whom are willing to reinvest in their own homes. Alvaro Lacayo, vice president of equity research at G.research, ...
Buyer traffic, sales prices, and home sales all are falling. Nonetheless, after a miserable 2018, housing-related stocks so far have been positive.
Shares of D.R. Horton Inc. slumped 2.1% in premarket trade Friday, after the home builder missed profit and sales orders expectations, although revenue and homes closed was slightly above. Net income that rose to $287.2 million, or 76 cents a share, from $189.3 million, or 49 cents a share, in the same period a year ago. The FactSet consensus for earnings per share was 78 cents. Revenue grew to $3.52 billion from $3.33 billion, topping the FactSet consensus of $3.45 billion. Homes closed increased 7% to 11,500, above the FactSet deliveries consensus of 11,439, while net sales orders rose 3% to 11,042, below the FactSet new orders consensus of 11,411. "Sales prices for both new and existing homes have increased across most of our markets over the past several years, which coupled with rising interest rates has impacted affordability and resulted in some moderation of demand for homes, particularly at higher price points," said Chairman Donald Horton. The stock has rallied 7.5% over the past three months, while the SPDR S&P Homebuilders ETF has gained 4.3% and the S&P 500 has lost 2.3%.
Last month saw existing home sales fall to a three-year low while growth in housing prices slipped to its lowest level in more than six-years, putting homebuilder ETFs in focus.
Existing home sales were down 10% year-over-year, the steepest decline since 2011. The six-month sale trends look even worse.
Will Marvin Ellison’s Initiatives Spark a Turnaround for Lowe’s?LOW’s performance Last year was a tough one for home improvement retailers. The SPDR S&P Homebuilders ETF (XHB), which tracks home improvement and furnishing companies, fell
Fred Glick, U.S. Loans Mortgage CEO, joins 'The Exchange' to discuss the spring housing market and what housing data could mean for the future of the market.