|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.06 - 27.21|
|52 Week Range||17.69 - 27.76|
|PE Ratio (TTM)||15.00|
|Dividend & Yield||0.36 (1.39%)|
|1y Target Est||N/A|
Zacks Industry Outlook Highlights: D.R. Horton, Lennar, PulteGroup, KB Home and Toll Brothers
Zacks Industry Outlook Highlights: SPDR S&P Homebuilders ETF, iShares U.S. Home Construction ETF, KB Home, Lennar and PulteGroup
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing PulteGroup, Inc. with the following peers – KB Home, M.D.C. Holdings, Inc., CalAtlantic Group, Inc., Lennar Corporation Class B, D.R. Horton, Inc. and Toll Brothers, Inc. (KBH-US, MDC-US, CAA-US, LEN.B-US, DHI-US and TOL-US). PulteGroup, Inc.’s dividend yield is 1.32 percent and its dividend payout is ... Read more (Read more...)
Millennials are finally seeing the light and are emerging from their parents’ basements, or perhaps are realizing that building equity by buying a property is a better option than renting. To be sure, millennials show less interest in real estate than prior generations, partly because the global financial crisis made them question home ownership as an investment, and partly because they are more likely than their immediate forebears to postpone marriage and a family, suppressing household formations. The average age of a first-time homebuyer is 33, according to real-estate marketplace Zillow, and the oldest millennials are now reaching this point in life, while the largest segment of the cohort is in the 20-25 bracket, suggesting years of demand ahead.
After the election in November, a number of sectors, from financials to infrastructure plays, enjoyed a few months in the sun, buoyed by investors' hopes for the new administration's policies. Technology benefitted, soaring from February through last month, with gains for Apple (AAPL) to Amazon (AMZN) and semiconductors. Other 'Trump Trade' stocks from transports to banks have also notched gains, while tech has given back some ground.
U.S. housing starts and existing home sales slip in August from July. However, housing should continue to move up later in 2017 and 2018 with increased re-building efforts.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 14. The current level displays a positive indicator.
Homebuilders are in the spotlight — in KB Home's case, for a neighborhood spat turned public — with a number of stocks building bases and more housing data on tap.
PulteGroup (PHM) is exploring opportunities to incorporate technology in its homes and related sales process to improve the buying experience.
U.S. homebuilding fell for a second straight month in August as a rebound in the construction of single-family houses was offset by persistent weakness in the volatile multifamily home segment. Housing starts slipped 0.8 percent to a seasonally adjusted annual rate of 1.18 million units, the Commerce Department said on Tuesday. Homebuilding has been treading water for much of this year amid shortages of land and skilled labor as well as rising costs of building materials.
Among the leading homebuilders, since D.R. Horton (DHI) and PulteGroup (PHM) are in close competition, let us analyze the factors to determine which company is a better investment option.
PulteGroup (PHM) reported earnings about a month back. What's next for the stock? We take a look at earnings estimates for some clues.
U.S. home resales unexpectedly fell in July to an 11-month low as a chronic shortage of properties boosted prices, the latest sign that the housing market recovery was slowing. The cooling in housing activity reflects supply constraints rather than ebbing demand, which is being driven by a strong labor market. Other data on Thursday showed a slight increase in the number of people filing for unemployment benefits last week.
Toll Brothers Inc's falling average selling price (ASP) signals a new normal for luxury homebuilders in the United States as they sell more, but lower-priced homes, to thrifty millennials. "We have to work harder to sell larger units at higher price points although we are not competing in the super tall or super expensive condominium product," Toll CEO Douglas Yearley said, talking about the company's City Living Urban condominium unit.
Chinese investors are investing in homes across the US, but are particularly bullish on five markets: Los Angeles, Miami, New York, San Francisco and Boston.