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Florida Is A Top State For New Home Builds — Could Hurricane Milton Slow It Down? 4 Homebuilder Stocks That Could Come Under Pressure
Thursday, October 10, 2024 - 2:00pm | 607Hurricane Milton could slow down new home construction in the state of Florida, which could have a negative impact on the overall U.S. housing market. What Happened: Hurricane Milton has left devastation in the state of Florida that impacts multiple sectors and will take time to clean up and...
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Toll Brothers Q3 Earnings Preview: Will Kamala Harris' 3 Million Homes Plan Boost Homebuilder Stocks?
Monday, August 19, 2024 - 2:43pm | 684Homebuilder Toll Brothers Inc (NYSE:TOL) could provide clues on how the housing market is fairing and how the 2024 election could benefit the company when third-quarter financial results are reported after market close Tuesday. Earnings Estimates: Analysts expect Toll Brothers to report third-...
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Harris Warns Trump Tax Plan Will 'Devastate Americans,' Vows To Go After 'Bad Actors' Behind Food Prices
Friday, August 16, 2024 - 3:37pm | 1034Vice President Kamala Harris laid out a plan to lower costs for middle-class Americans with a focus on food costs, home ownership costs and health care costs during a speech in swing state North Carolina Friday. Improve the Economy: Harris laid out a plan to improve the economy and life for the...
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Market Could Take Normal, Routine Pause After Record Highs, Strategist Says: 'Now's The Time If You Have Profits To Book Them'
Friday, June 21, 2024 - 3:57pm | 815A leading market strategist thinks the markets could pause ahead of several key market index events and start of the second half of the year, with stock indexes trading at all-time highs. What Happened: Technology giant NVIDIA Corp (NASDAQ:NVDA) recently passed Apple Inc (NASDAQ:AAPL) and Microsoft...
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Cramer Says Investors Can Still Buy Homebuilder Stocks Before Possible Run-Up In Prices: 'Charts Are Screaming'
Wednesday, January 11, 2023 - 1:45am | 369Prominent market commentator Jim Cramer said on Tuesday investors still have a chance to load up on homebuilder stocks before a possible run-up in their prices. “The charts, as interpreted by Dan Fitzpatrick, suggest that we’re looking at a truly counter-intuitive bull market in the...
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4 Companies To Join Hot IPO Market This Week, Bringing Exposure to Vaping Sales In China And Luxury E-Commerce
Sunday, January 17, 2021 - 10:01am | 868The hot IPO market continues with four more additions in the shortened four-day trading week ahead. Here's a preview of what's coming. Dream Finders Homes: One of the nation’s fastest growing homebuilders is set to go public this week under the Nasdaq ticker symbol DFH with...
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Coronavirus Economic Turmoil A Silver Lining For Home Buyers, Builders
Wednesday, March 4, 2020 - 3:43pm | 506Frequent handwashing, buying extra groceries, refraining from touching your face. These items are on most people's list of coronavirus preparations. But what about talking to a broker about a new home purchase or mortgage refinancing? The COVID-19 outbreak and resulting economic...
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JPMorgan Answers Questions On The Homebuilder Sector, Projects 'More Modest' 2018
Tuesday, December 19, 2017 - 6:11pm | 705Investors with exposure to the homebuilding sector are likely happy with the sector's performance throughout 2017, but there are plenty of unanswered questions as the new year approaches. The Analyst JPMorgan's Michael Rehaut. 10 Questions, Asked And Answered While homebuilders...
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Citigroup On Homebuilding M&A Possibilities: DR Horton, Toll Brothers And PulteGroup Targets In Focus
Tuesday, November 1, 2016 - 9:29am | 540Will Randow of Citi took a deep dive into the homebuilding sector to explore which companies are best positioned for M&A activity. According to Randow, discussions of homebuilding M&A have become more common, and if a transaction were to occur shortly, itwould likely be a public company...
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PulteGroup Founder Vs. Current CEO: The Saga Continues
Monday, April 11, 2016 - 1:57pm | 493Sares of PulteGroup, Inc. (NYSE: PHM) were relatively unchanged on Monday despite the ongoing saga between the company's founder and its current CEO. Bill Pulte, PulteGroup's founder, former chairman and ex-CEO penned a letter to the company's board of directors in which he displayed his "extreme...
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Q&A With Top Real Estate Analyst: 10 Questions Investors Should Know
Wednesday, January 13, 2016 - 4:45pm | 544In a new report, JPMorgan analyst Michael Rehaut lists and answers the ten biggest questions about homebuilders in 2016. Here’s the full list: 1. Given the 20 percent pullback in the group since 12/1/15, has anything changed fundamentally? Rehaut sees the homebuilder market as...
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April Housing Data Obliterates Expectations; Investors Buy In
Tuesday, May 19, 2015 - 8:52am | 342April housing data is out, and it obliterated consensus estimates. U.S. Housing Starts came in at 1.14 million versus the 1.01 million estimate -- a 20.2 percent month-over-month growth. Economists had expected single-digit growth. Building permits also grew 10.1 percent over the month,...
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KB Home Earnings Preview: A Surge in Q1 Revenue Expected
Thursday, March 22, 2012 - 7:05am | 919KB Home (NYSE: KBH) is scheduled to report first-quarter fiscal 2012 results tomorrow, March 23, before the markets open. The homebuilder reported a profit last quarter, ending a three-quarter string of losses, as well as a year-over-year revenue increase that broke a streak of three consecutive...
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DR Horton and Home Depot to Open Near 52-Week Highs
Monday, January 9, 2012 - 7:38am | 675The Dow and the S&P 500 both closed down less than 1% on Friday, but were higher than at the start of last week. Also on Friday, in a positive sign for the housing sector, homebuilder DR Horton (NYSE: DHI) and home-improvement retailer Home Depot (NYSE: HD) managed to reach 52-week highs -- of...
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Top Narrow Based Indexes for May 10 (SCGLY, MHO, NILSY)
Monday, May 10, 2010 - 2:24pm | 235The S&P 500 has started to swing along the 1150 line in recent movements. All the indices are posting broad and strong gains. Volume too has been high, with more than 1 billion shares traded so far on the NYSE. By 2:06 pm, the Dow Jones Industrial Average was up 332.84 points or 3.21%, to 10,...