Home builders

JPMorgan analyst Michael Rehaut reiterated the Underweight rating on LGI Homes, Inc. (NASDAQ:LGIH), lowering the price forecast from $52 to $47. On July 4, the company announced it closed on 457 homes in June 2025, lower than 571 homes in June 2024. As of June 30, 2025, LGI Homes had 146 active...

Homebuilder stocks are hitting new highs as anticipation builds ahead of the Federal Reserve’s upcoming rate cut decision. Both Lennar Corp (NYSE:LEN) and PulteGroup, Inc. (NYSE:PHM) surged to 52-week highs on Sept. 18, with Lennar reaching $190.12 and PulteGroup hitting $141.43. The rally...

The Federal Reserve is expected reduce its benchmark interest rate from a 23-year high next month, affecting consumer debt, savings, auto loans and mortgages. Experts currently predict three quarter-point reductions in September, November, and December, with the potential for deeper cuts, reported...

Certain exchange-traded funds, or ETFs, experienced a significant surge following Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium. “The time has come for policy to adjust,” Powell said in a speech. The reassuring statement regarding upcoming rate cuts sparked a...

Smith Douglas Homes is seeking a $1.08 billion valuation in what will be the first big IPO of the year. Here’s a look at everything you need to know ahead of the listing. IPO Details: Smith Douglas Homes will offer 7,692,308 shares at an estimated price of between $18 and $21 per share in its...

Lennar Corporation (NYSE:LEN), one of the leading homebuilders in the United States, is set to unveil its third-quarter results after the market closes this Thursday. As investors eagerly await this update, here’s a closer look at what you need to know ahead of Lennar’s third-quarter...

Through acquisitions over the past four years, Taylor Morrison Home Corp (NYSE: TMHC) has transformed from a builder focusing only on the West Coast into a national builder. This seems to be underappreciated by the market, according to Wedbush. The Analyst Jay McCanless upgraded Taylor Morrison...

On the 10-year anniversary of the 2008 housing market collapse, housing stocks are having their worst year of returns since the mortgage crisis, and investors are taking notice. Benzinga PreMarket Prep co-hosts Joel Elconin and Dennis Dick discussed what’s going on in the housing market on...

Shares of homebuilders are on a roll after luxury homebuilder Toll Brothers Inc (NYSE: TOL) reported forecast-beating third-quarter earnings, revenues and home deliveries. At the time of writing: Toll Brothers was rallying 11.92 percent to $38.86. Beazer Homes USA, Inc. (NYSE: BZH) was seen...

Homebuilding stocks were mostly higher Tuesday after Wedbush turned incrementally bullish on three names, despite year-to-date declines: Beacon Roofing Supply, Inc. (NASDAQ: BECN), Beazer Homes USA, Inc. (NYSE: BZH) and LGI Homes Inc (NASDAQ: LGIH). The Analyst Wedbush's Jay...

Toll Brothers Inc (NYSE: TOL) reported fiscal fourth quarter earnings Tuesday that fell short of expectations and contributed to a selloff in the overall homebuilder group. The Analyst KeyBanc Capital Markets' Kenneth Zener downgraded Toll Brothers' stock rating from Overweight to Sector...

Many market veterans with decades of experience on Wall Street are struggling to explain the strength of the stock market at a time when the news is full of concerning headlines, CNBC's Jim Cramer suggested during his daily "Mad Money" show recently. In fact, the level of optimism appears to be "...

Shares of Toll Brothers Inc (NYSE: TOL) were trading higher by more than 3 percent early Tuesday morning after the company reported its second-quarter results. Strong Q2 Toll Brothers said it earned $0.51 per share in the second quarter on revenue of $1.115 billion. Wall Street analysts were...