homebuilders

Prominent homebuilder KB Home (NYSE:KBH) is expected to issue its second quarter earnings on Wednesday after market close, here's what investors need to know about the numbers, home prices, and recent homebuilder sentiment. By The Numbers: Analysts expect the Los Angeles, California-based...

The National Association of Home Builders released a June report Monday indicating a sign of gradual optimism on the homebuilding front. The report highlighted a surge in demand, a lack of existing inventory and improved supply chain efficiency that helped boost builder...

One of the richest people in the world has seen his wealth soar over the years thanks to the increased value in companies in which he is the CEO and a leading investor. Elon Musk could soon have a new income stream with the potential of housing projects for his employees. What Happened:...

Last year’s major overhang for homebuilders, specifically Toll Brothers Inc (NYSE: TOL), is this year’s catalyst, according to Oppenheimer analysts. Toll Brothers ended last year with a significant backlog of homes, steering Oppenheimer’s analysts to initiate coverage on the stock...

Toll Brothers Inc (NYSE: TOL) issued an upbeat earnings report Tuesday — the company's strongest in history. The report came in above consensus estimates on the top and bottom lines, but Raymond James analysts say 'not so fast,' citing data that could dampen Toll Brothers'...

Homebuilder stocks have gotten crushed so far in 2022, but one Wall Street analyst said Monday now is the time for investors to buy the dip. The Analyst: KeyBanc analyst Kenneth Zener has issued the following homebuilder stock upgrades: D R Horton Inc (NYSE: DHI) upgraded from Sector Weight to...

“Buy the dip” is facing its toughest test in a month.  If you think back to mid-July, the major indices tanked as concerns about the Delta variant and Fed tapering ramped up. The same factors helped set off the market’s worst drop in four weeks Tuesday and could keep...

Lennar Corporation’s (NYSE: LEN) stock valuation is attractive relative to peers and does not reflect the company’s “significant and ongoing” transformation, according to JPMorgan. The Lennar Analyst: Michael Rehaut upgraded the rating for Lennar from Neutral to Overweight,...

The U.S. housing market has been red-hot since the Federal Reserve cut interest rates to zero back in March 2020. Yet one Wall Street analyst said Tuesday that some homebuilder stocks are better than others heading into 2021. The Homebuilder Analyst: BofA Securities analyst John Lovallo has issued...

KB Home (NYSE: KBH) reported quarterly earnings of 55 cents per share on Wednesday, beating the analyst consensus estimate of 50 cents by a nickel. This is a 7.84% increase over earnings of 51 cents per share from the same period last year. The company reported quarterly sales of $914 million...

Homebuilders may be among the beneficiaries from low interest rates and federal stimulus packages aimed at buffering the economic strain from the coronavirus pandemic, according to BofA Securities.  “We believe current strength in new home, repair and remodeling and recreational vehicle...

The coronavirus capped groundbreaking on U.S. homebuilding projects at a five-year low for the month of April, according to a Tuesday report from the Commerce Department. “Due to recent events surrounding COVID-19, many governments and businesses are operating on a limited capacity or have...

Sell-side analysts remained bullish on Lennar Corporation (NYSE: LEN) after the homebuilder beat estimates in the third quarter, and sent signals that homebuyers aren't yet worried about a downturn. Lennar reported diluted third-quarter earnings of $1.59 per share, beating the consensus...

Homebuilder KB Home (NYSE: KBH) reported third-quarter results Wednesday that weer notable for an earnings beat, strong growth in net orders and deliveries — and a slight sales miss. Here's how the Street reacted.  The Analysts KeyBanc Capital Markets analyst Kenneth Zener...