|Bid||47.46 x 1400|
|Ask||47.83 x 900|
|Day's Range||47.16 - 47.88|
|52 Week Range||32.39 - 48.38|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||11.47|
|Earnings Date||Nov 6, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||0.60 (1.28%)|
|1y Target Est||51.07|
As increase in disposable income and strength in economy are expected to boost housing demand, let us analyze which is a better pick ??? Lennar (LEN) or D.R. Horton (DHI).
SunTrust analyst Rohit Seth initiated coverage of home builders, saying demographic, economic, and monetary-policy trends should support the sector.
Investors are constantly looking for stocks that will hold up regardless of economic uncertainty. A good starting point is recent analyst activity. A ratings boost or a price target increase can give us a better sense as to whether a company has the potential to outperform the rest. Not to mention these changes can have an effect on share prices. For example, Salesforce.com (CRM) is up 2% after Compass Point initiated its coverage with a Buy on August 13.Here are 10 trending stocks based on recent analyst activity. McDonald's Corporation (MCD)The fast food giant just received good news from MKM Partners. Brett Levy, a three-star analyst according to TipRanks, initiated his coverage of MCD with a Buy and set a $250 price target. He thinks share prices could increase by 15% over the next twelve months. “We believe that strong domestic and international sales growth is sustainable for the restaurant chain,” Levy explained on August 12. The analyst has an impressive 71% success rate.MCD boasts a ‘Strong Buy’ analyst consensus and a $230 price target, suggesting 6% upside potential. D.R. Horton Inc. (DHI)D.R. Horton is one of the largest home construction companies in the U.S. On August 12, SunTrust Robinson’s Rohit Seth initiated coverage with a Buy rating and set a $56 price target, suggesting 19% upside potential. “We see the stock as a premier large-cap homebuilder offering attractive cash generation with superior position in the rapidly growing entry-level segment. We expect D.R. Horton to outperform in the second half of this year with orders and price mix as the homebuilding industry growth accelerates thanks to lower interest rates,” he noted. The four-star analyst has a 58% success rate and gets a 12% average return per rating. The Street is bullish on DHI. The stock has a ‘Strong Buy’ analyst consensus and a $52 average price target, implying 12% upside. Humana Inc. (HUM)The health insurance provider just received a ratings boost from Cantor Fitzgerald analyst Steven Halper after it posted strong second quarter earnings results. On August 12, the five-star analyst upgraded the rating to a Buy and set a $345 price target, implying 17% upside potential. He argues that the company's strong 2Q19 results were fueled by continued success in Medicare Advantage and cost management. "MA continues to grow at a nice clip, and HUM’s recent Louisiana Medicaid contract award demonstrates its success outside Medicare. Importantly, we believe the company’s investments in population health management and social determinants of health will accelerate growth over time,” Halper added.The rest of the Street is cautiously optimistic. HUM has a ‘Moderate Buy’ analyst consensus and a $326 average price target, suggesting 10% upside potential. Walt Disney Company (DIS)Some investors have expressed concern regarding Disney's earnings miss. However, Credit Suisse’s Douglas Mitchelson stated, “While Disney [stock] has outperformed the S&P 500 by 8% YTD, we see scope for further upside to Disney+ investor sentiment into its U.S. launch. We see a number of positive catalysts the next few quarters and believe downside risks to Disney estimates are now well understood by investors." On August 8, he upgraded DIS to a Buy and raised the price target from $130 to $150, indicating 11% upside potential. The five-star analyst has a 61% success rate and gets an average return of 15%. DIS has a ‘Strong Buy’ analyst consensus and a $157 average price target, indicating 16% upside potential. PayPal Holdings, Inc. (PYPL)Jeff Cantwell, a five-star analyst, believes that the online payment company’s valuation represents an improved opportunity for investors. On August 13, the Guggenheim analyst upgraded PYPL from a Sell to a Hold. “We note the recent pullback in PYPL’s shares, which has occurred against a backdrop of increasing macro uncertainty; shares have now fallen below our prior $104 PT. We believe the current level probably better reflects PYPL’s fair value; in that context, we see risk/reward as being more balanced,” he explained. Cantwell has a 74% success rate and an average return of 16% per rating. The Street is optimistic about this stock. PYPL has a ‘Strong Buy’ analyst consensus and a $131 average price target, suggesting 27% upside potential. Roku Inc. (ROKU)On August 12, Needham’s Laura Martin gave the streaming platform a vote of confidence. The five-star analyst, reiterated her Buy rating and raised the price target from $120 to $150, suggesting 12% upside potential. The price target hike sent shares surging 7%. “Roku is an arms dealer in the streaming video space, as its hardware facilitates multiple streaming platforms. Roku is therefore able to present a highly targeted proposition to advertisers, as each new Roku user is assigned a unique device ID and all content viewed can be extracted for superior targeting,” she said. Martin has a 63% success rate and gets an average return of 21% per rating. Roku has a ‘Moderate Buy’ analyst consensus and an average price target of $115, implying 14% downside. Zendesk (ZEN)Zendesk provides customer service software and support ticketing services. After a second quarter that produced strong growth, the company received a boost from Compass Point analyst Marshall Senk on August 13. The five-star analyst initiated coverage with a Buy and set a $100 price target. He thinks share prices could soar by as much as 34% over the next twelve months. Senk has a 77% success rate and gets an average return of 22% per rating. The Street is also bullish on ZEN. It has a ‘Strong Buy’ analyst consensus and a $102 average price target, implying 38% upside potential. Creditcorp Limited (BAP)Creditcorp is the largest financial services holding company in Peru. The company just received a positive signal from J.P. Morgan after its August 9 Q2 earnings release. Three-star analyst, Domingos Falavina, upgraded BAP to a Buy and raised the price target from $232 to $250. He believes the stock could surge by 24% over the next twelve months. Falavina has a 70% success rate and gets an average return of 9% per rating. BAP has a ‘Moderate Buy’ analyst consensus and a $250 average price target, suggesting 24% upside potential. William Lyon Homes, Inc. (WLH)The home construction company just got a ratings boost from Wedbush analyst Jay McCanless. The three-star analyst upgraded his rating from a Hold to a Buy and raised the price target from $20 to $21, indicating 23% upside potential. He notes that the recent pullback in shares has effectively discounted the reduction in his 2019 EPS estimates following the Q2 results. "Overall, we view the shares as undervalued at current levels,” McCanless added on August 13.WLH has a ‘Moderate Buy’ analyst consensus and a $21 average price target, implying 18% upside. New Relic Inc. (NEWR) Despite the slowdown reported in its first quarter earnings, one analyst is vouching for the software analytics company. Joseph Bonner, a five-star analyst, upgraded NEWR from a Hold to a Buy and set a $93 price target on August 13. He believes share prices could jump 47% over the next twelve months, arguing that the slowed growth is not a long-term trend. The Argus Research analyst has a 67% success rate and gets a 12% average return per rating. NEWR has a ‘Moderate Buy’ analyst consensus and a $95 price target, suggesting 50% upside potential. Discover the Analysts’ Top-Rated Stocks right now
Taylor Morrison (TMHC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Homebuilder stocks like DR Horton (NYSE:DHI), Lennar (NYSE:LEN), and Toll Brothers (NYSE:TOL) have traded like momentum stocks. They fall in and out of investor favor quickly and go on long runs in either direction. This makes them hard to trade.Luckily we can use charts to pick the right ones to bet on and at which levels. In fact, there are definite opportunities in the sector. Here we focus specifically on DHI, LEN and TOL.But first the macro. This week the stock market has been violently whipsawing from extreme dips to harsh bounces. The most recent came yesterday morning due to a sharp crash in bond yields. Bond prices spiked and the media rhetoric went wild.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEquity investors panicked at first, but then mostly realized that this was a mere technical development, not a fundamental change for stocks. The bottom line is that lower yields are good for stocks and we still have low rates for a long time to come. Homebuilder stocks should do well going forward. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The central banks are still committed to inflating and maintaining global economic expansion. And since we have full employment in the U.S., we will need to build houses.Today I focus on three stocks that are prime candidates for trading into next year. Homebuilder Stock to Invest In: DR Horton (DHI)Source: Shutterstock DHI stock has maintained a higher low and higher high ascending trend that started from the Christmas bottom. Moreover, it has already triggered a weekly bullish pattern that should target $54 per share or higher.There will be resistance along the way around $50 per share but as long as the equity markets in general don't collapse, DHI stock has a legitimate chance at setting new highs sooner rather than later.Doing this does not mean that DHI would have to defy the odds. It merely sells at a modest 11 price-to-earnings ratio and one time sales. And at two times the book value, DHI stock price is reasonable. Owning the shares at these levels is not likely to be a debacle for the long term. In addition, DHI stock pays a dividend, so it rewards its stockholders while they wait for capital appreciation to happen. Lennar (LEN)Similar to DHI, LEN stock has maintained a nice ascending trend off of the December lows. However it has failed to maintain the higher-high inside the channel.Furthermore, LEN has fallen a pivotal level around $47 per share. As long as it holds then LEN stock still has a chance at breaking out of the recent failure levels around $54. But if the stock falls below $46, it could trigger a bearish pattern to target $42 per share. While this is not a forecast, it is a bearish scenario that can unfold.If I am long Lennar stock, I can wait patiently because it only sells at 8 price-to-earnings ratio and under one time sales. So clearly there's not a lot of fat on this bone. * 10 Stocks to Buy on the Trade War Dip Technically, LEN stock is not as bullish in posture as DHI is. Between the two, and from a trading perspective, I would favor DHI over LEN stock. Toll Brothers (TOL)Source: Shutterstock TOL stock resembles that of LEN. In essence, it is well-above the 2018 trouble spots, but also well below the highs of this year. TOL stock also sports a bearish complex head-and-shoulder pattern where the neckline is just below $35 per share. Losing that support level may invite sellers to retest $32. This is not a forecast but a cautionary note to those looking to buy TOL stock.On the flip side, if the bulls can overcome $36 then $37.3, they can then target $45 per share. Above that, the bulls can also trigger another bullish pattern to recover the highs of the year. Valuation is also not a concern in TOL stock price. It too sells at a very modest 7 P/E, and under one time sales and at book value.Clearly all three stocks have shed enough froth that are mostly meat. So owning any of them for the long-term is likely a modest risk with a decent upside. Of the three, I favor DHI stock. While I still am okay owning LEN or TOL, DHI is the one with the best upside setup that is already ongoing. Meaning there is less hopium in it than the others.To that point, DHI is up 38% year-to-date. Compare that to LEN up 10 points less and TOL only up 10% for the same period. Clearly Wall Street also favor DHI as I do here.It is important to note that we are still trading the markets on headlines. At any moment we are liable to get a tweet from the White House or a news release from the state median China and turn this whole thing upside down.So I don't want to take any big bets so size does matter in this case. I would start small to leave room for adjustments when needed.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Internet Stocks Getting Hammered * 6 Big Growth ETFs to Buy For the Second Half of 2019 * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The post 3 Homebuilder Stocks to Trade This Year appeared first on InvestorPlace.
D.R. Horton (DHI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The dust from last week's, and Monday's, meltdown is finally starting to settle, though that's not necessarily a sign that a recovery is nigh. The S&P 500 was up on Wednesday, but the 0.08% gain was far from inspirational, and the index is still on the wrong side of most of its moving averages.Source: Shutterstock Roku (NASDAQ:ROKU) helped set the tone, gaining more than 2% during the session in front of its post-close earnings report, and then soaring more than 10% in after-hours action after it topped earnings expectations. Lyft (NASDAQ:LYFT) and rival Uber Technologies (NYSE:UBER) were up firmly as well, with the former gaining more than 5% after the market closed thanks to record-breaking revenue underscored by raised guidance.There were just too many names like Bank of America (NYSE:BAC), though, holding the market back. BofA shares fell a couple of percentage points for no particular reason. Traders are simply concerned about the broad impact of a slowdown, and the rate-cut's potential toll on bank earnings.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Internet Stocks Getting Hammered However, headed into Thursday's action, it's the stock charts of NRG Energy (NYSE:NRG), D. R. Horton (NYSE:DHI) and Cisco Systems (NASDAQ:CSCO) that deserve the closest looks. These are the names closest to critical tipping points, and could be trade-worthy. Cisco Systems (CSCO)Like most other stocks, and tech stocks in particular, Cisco Systems has been beaten up over the course of the past couple of weeks. Already vulnerable to profit-taking, it took little effort to pull the rug out from underneath it and drag CSCO stock under a couple of key moving average lines.That selling came to a halt at a suspiciously encouraging level though. While it's possible more breakdown could be ahead -- and it would be devastating -- the right backdrop could catapult this name higher again in a hurry. Click to Enlarge * The floor in question is around $51.20, marked in red on both stock charts. That's where shares bottomed in May, and where the white 200-day moving average line is now. * Although support has taken shape, there's still danger ahead. The bearish volume is swelling. That's evident on the daily chart, though the weekly chart's falling, sub-zero Chaikin line points to the same undertow. * Should the floor around $51.20 break, the next most likely support area is just above $40, where Cisco made a couple of key lows last year. D. R. Horton (DHI)The residential construction market is seemingly on the ropes. Home-price appreciation is slowing, and purchases are trending lower. Starts and permits are waffling as well. It doesn't feel like any homebuilding stocks should be doing well.The fact that D. R. Horton is not only surviving but thriving in such an environment, however, speaks volumes about the fact that things may not be as they seem. In fact, an already bullish DHI stock just worked its way into an even more bullish situation. * 7 Stocks the Insiders Are Buying on Sale * Click to EnlargeThe 2018 pullback from D. R. Horton shares, stemming from slowdown worries, has clearly been reversed. In fact, the upside-down head and shoulders pattern suggests DHI just started another bullish leg. * On the daily chart, shares have repeatedly found support at the gray 100-day and purple 50-day moving average lines. Most of those instances are highlighted. * Although arguably overbought in the near-term, the volume surge behind the buying in recent days, against a bearish tide, confirms the break above the neckline comes packed with at least a healthy degree of interest. NRG Energy (NRG)In late June, NRG Energy was featured as a name with quite a bit of upside potential. It had just completed a three-bar pattern, indicating a transition from a net-bearish to a net-bullish condition, and there was a massive amount of ground to reclaim.NRG stock even started to reclaim, but that effort petered out fairly early in July. It's what has happened in the meantime -- and yesterday in particular -- that suggests NRG Energy shares are just one more rough day away from stalling their way into a nosedive. * Click to EnlargeThe shape of Wednesday's bar is the red flag. It's a tall bar that widely engulfs Tuesday's action, and points it back into the wrong direction. The high-volume, intraday reversal is a hint of what traders think. * Bolstering the bearish case is how well, and persistently, NRG stock found technical resistance at its purple 50-day moving average line during the latter half of July, and again on Wednesday. * As the weekly chart shows, this is all just part of a breakdown of an uptrend that had been in place since early 2017. There's not any real technical support again until the $30.30 area.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on the Trade War Dip * The 5 Highest-Rated Dow Stocks Right Now * 4 Cybersecurity Stocks to Buy for Long-Term Gains The post 3 Big Stock Charts for Thursday: Cisco Systems, NRG Energy and D. R. Horton appeared first on InvestorPlace.
TopBuild is the IBD Stock Of The Day as the insulation producer and installer holds in a buy range following strong earnings.
Jim Cramer rightly points out in his column this morning that dramatically lower interest rates can benefit the housing market and he favored D.R. Horton and Lennar Corp. . In this daily bar chart of DHI, below, we can see a small double bottom pattern in November and December before prices rallied to an April high. Trading volume has declined the past four months and the On-Balance-Volume (OBV) line has worked lower the past three months suggesting that sellers have been more aggressive.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
The Fed cut interest rates by a quarter point Wednesday, as widely expected. Could that help boost the U.S. housing market and related stocks?
Reduced mortgage rates and the lowest unemployment in nearly 50 years are driving demand for housing, and Arlington-based homebuilder D.R. Horton Inc. is benefitting from the combination of the two.
Apple lifted the Dow Jones index, but most stocks in the blue chip Dow were down. In afternoon action, 23 of the 30 stocks in the Dow fell.
U.S. equities are drifting lower in early trading on Tuesday as investors await the outcome of the Federal Reserve's two-day policy meeting. An interest rate cut of at least 0.25% is widely expected, and the market is already pricing in the likely implications of another dose of easy money stimulus.Source: Shutterstock Take a look at the action underway in real estate stocks. These yield-sensitive plays are highly tuned to the price of credit. Lower rates will make everything from mortgage shopping to developing credit easier and cheaper to obtain. Moreover, lower yields will bolster the attractiveness of the dividends many of the names in the sector pay. And that would bolster their stock prices. * 7 Stocks to Buy With Over 20% Upside From Current Levels Here are four real estate names worth a look right now:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Real Estate Stocks to Buy: DR Horton (DHI)Shares of DR Horton (NYSE:DHI) are rising up and out of a sideways channel going back to April, which in turn marks the right shoulder of an inverted head-and-shoulders reversal pattern going back to early 2018. This sets up a run at the prior near near $52, which would be worth a gain of more than 10% from here.The company reported results on Tuesday before the bell. Earnings of $1.26 beat estimates by 21 cents on a 10.6% rise in revenues. Management announced a $1 billion buyback program. The stock also pays a 1.4% dividend yield. ProLogis (PLD)ProLogis (NYSE:PLD) shares are continuing to march higher in a smooth, professional looking uptrend. The company is an industrial-focused REIT that owns roughly 786 million square feet of space in 19 countries focused on the business-to-business and online/retail fulfillment areas. * 7 Semiconductor Stocks to Buy for Your Inner Geek The company last reported results on July 15. Earnings of 77 cents per share beat estimates by a penny on a 28.6% rise in revenues. The company will next report results on Oct. 15 after the close. Analysts are looking for earnings of 93 cents on revenues of $713.9 million. The company also pays a 2.6% dividend yield. Kimco Realty (KIM)Kimco Realty (NYSE:KIM), a retail REIT, is enjoying a share price push to new 52-week highs, returning prices to levels not seen since early 2017. This also pushes the stock back above its 200-week moving average for the first time in three years. Hope spring anew for a consumer spending turnaround.The company last reported results on Tuesday before the open. Earnings of 36 cents per share matched expectations on a 2.9% decline in revenues. The company will next report results on Oct. 24 before the bell. Analysts are looking for earnings of 36 cents per share on revenues of $282.1 million. The company pays a tasty 5.8% dividend yield. Brixmor Property Group (BRX)Shares of Brixmor Property Group (NYSE:BRX), another retail REIT, are also extending to new 52-week highs to return to levels not seen since early 2017. The company, which owns a portfolio of open-air shopping centers totaling 73 million square feet of retail space, reported results on Monday. Earnings of 48 cents per share beat estimates by a penny on a 7% decline in revenues. Still, underlying results were bolstered by strong rent pricing. * 7 Oversold Stocks To Buy Right Now The company will next report results on Oct. 28 after the close. Shares pay an impressive 6% dividend yield. Back in February, the company joined the S&P 400 mid-cap index.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Small-Cap Stocks to Buy Before They Grow Up * 7 Stocks to Buy With Over 20% Upside From Current Levels * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 4 Real Estate Stocks Ready to Buy appeared first on InvestorPlace.
D.R. Horton's (DHI) affordable product offerings across multiple brands and higher deliveries aid the company to post better-than-expected fiscal Q3 results.
Housing affordability and minimum wage are more intrinsically tied than ever. A new report from the National Low Income Housing Coalition has found that full-time workers earning the average renter’s wage can afford a two-bedroom rental home at fair market rent in only 10% of U.S. counties.