|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||40.90 - 41.25|
|52 Week Range||30.92 - 41.25|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
In September 2017, US housing starts fell from an upwardly revised August number of 1.183 million to 1.127 million units—a negative surprise.
FOMC members noted that labor market conditions could take a hit due to the hurricanes in August and that this was evident in the October non-farm payrolls report.
The SPDR S&P Homebuilders ETF (NYSEArca: XHB) and the iShares U.S. Home Construction ETF (NYSEArca: ITB), the two benchmark homebuilders exchange traded funds, have recently been building impressive gains. ...
Wedbush's Jay McCanless take a look at the housing sector, writing that there was good news and bad news in August. McCanless writes that that's supportive of pricing power for companies in his coverage, as resales account for about 85% of monthly home ownership transactions.
The Conference Board Leading Economic Index (or LEI) uses the number of building permits issued as a constituent. The construction industry is one of the key sources of employment in…
In this series, we'll analyze each component of the Conference Board Leading Economic Index and understand its implications for the consumer discretionary (XLY), industrial (XLI), and housing (XHB) sectors ...
The SPDR S&P Homebuilders ETF XHB, a fund tracking equities in the housing sector, were falling nearly 1% following the Central Bank's decision.
Sales of previously owned homes fell to the lowest point in a year in August, according to a Wednesday report from the National Association of Realtors. Lawrence Yun, chief economist at NAR, notes that hurricane Harvey likely did have an impact on closings. Sales have been unable to break out because there are simply not enough homes for sale.
Home builder sentiment fell sharply in September, a downturn attributed to uncertainty following the hurricanes. The National Association of Home Builders/Wells Fargo housing market index came in at 64, ...
Wedbush's Jay McCanless takes a look at homebuilders and materials stocks today, writing that he's still bullish on their prospects, thanks to increasing U.S. housing demand and consumer confidence. McCanless expects that rising demand, coupled with insufficient supply of all housing types has more than halved the average time a home stays on the market, to 58 days in July, down from 114 days in January 2012.
Homebuilding and Construction ETFs are expected to benefit from rebuilding required in the aftermath of Hurricanes Harvey and Irma. Here is what investors need to know about these ETFs.
American home furnishing and domestics merchandising company Bed Bath & Beyond (BBBY) is scheduled to announce its 2Q17 earnings after the market closes on September 19, 2017.
A natural disaster is not something would immediately consider a benefit, but some sector and related exchange traded funds can still capitalize on the economic activity following a disastrous hurricane ...
In the aftermath of Hurricane Harvey and Hurricane Irma, infrastructure ETFs, including the SPDR S&P Homebuilders ETF (NYSEArca: XHB ) , iShares U.S. Home Construction ETF (BATS: ITB ) , and the Materials ...
Hurricane Irma's destructive power has already been felt throughout much of the Caribbean, and soon the tropical storm will hit Florida. With evacuations already underway throughout much of the state, and a great deal of damage projected, construction stocks and ETFs climbed on Friday.
Share prices have yet to recover their pre-bear market high unlike the S&P 500. iShares Home Construction Index rallied 22% August’s end -- doubling the S&P 500’s return of 11%. But if you invested when it debuted in May 2016, you would be down 33%.
Boenning & Scattergood’s Ryan Connors takes a look at the water sector, writing that the strength in the housing market bodes well for water companies. He writes that historically, there is a strong correlation ...
Caterpillar (CAT) stock climbed to a new all-time high on Wednesday after it was officially announced that the company received a substantial U.S. government contract.
Kas Divband, Redfin real estate agent, discuss millennials using their parents' home equity lines to buy homes of their own.