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Short Interest Swings in Home Builder Stocks (KBH, NVR, TMHC)
Friday, June 14, 2013 - 10:03am | 1021The short interest moves in most residential construction stocks were mixed during the latter two weeks of May, as the recovery in the housing market continued to gather steam. But KB Home (NYSE: KBH), NVR (NYSE: NVR) and Taylor Morrison Home (NYSE: TMHC) saw the sharpest rises in short interest...
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Hovnanian Enterprises: Small Cap Analysis
Thursday, May 23, 2013 - 10:51am | 504Hovnanian Enterprises (NYSE: HOV) builds single dwelling homes, townhomes, condominiums, and retirement homes. Prices for single dwellings range from $68,652 to $1,067,000 with an average price of $301,000. Hovnanian also has a financial arm that is responsible for mortgage loans and title...
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Short Interest in Home Builder Stocks
Friday, April 26, 2013 - 1:26pm | 903The short interest moves in most residential construction stocks were mixed during the first two weeks of April, as some the rebound in housing sputtered along. The number of shares sold short in Beazer Homes (NYSE: BZH), Hovnanian Enterprises (NYSE: HOV), Lennar (NYSE: LEN), PulteGroup (NYSE: PHM...
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Short Interest Swings Home Builder Stocks (NVR, SPF, TPH)
Thursday, April 11, 2013 - 12:46pm | 918The short interest moves in most residential construction stocks were mixed during the final two weeks of March, as some signs suggested that the rebound in housing may be sputtering. The number of shares sold short in Beazer Homes (NYSE: BZH), Hovnanian Enterprises (NYSE: HOV), Meritage Homes (...
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Short Interest in Home Builder Stocks Rises (MTH, SPF, TPH)
Friday, March 29, 2013 - 2:30pm | 917The short interest in most residential construction stocks grew during the first two weeks of March, as some signs suggested that the recovery in housing may be sputtering. The number of shares sold short in Beazer Homes (NYSE: BZH), D.R. Horton (NYSE: DHI), Lennar (NYSE: LEN), MDC Holdings (...
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Short Interest in Home Builder Stocks Returns (HOV, MDC, TPH)
Thursday, March 14, 2013 - 12:53pm | 858The short interest in most residential construction stocks grew during the latter two weeks of February, as some signs suggested that the rebound in housing may be sputtering. The number of shares sold short in Beazer Homes (NYSE: BZH), Hovnanian Enterprises (NYSE: HOV), K.B. Home (NYSE: KBH),...
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Short Interest in Homebuilder Stocks Shrinks (DHI, MDC, PHM)
Saturday, March 2, 2013 - 10:56am | 860The short interest in most residential construction stocks fell during the first two weeks of February, as the rebound in housing continued. The short interest in Hovnanian Enterprises (NYSE: HOV), K.B. Home (NYSE: KBH), Lennar (NYSE: LEN), Meritage Homes (NYSE: MTH), NVR (NYSE: NVR), PulteGroup...
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Short Interest in Homebuilder Stocks Falls (HOV, MTH, PHM)
Tuesday, February 12, 2013 - 5:42pm | 838The short interest in most residential construction stocks fell during the latter two weeks of January, as the rebound in housing continued. The short interest in Beazer Homes (NYSE: BZH), D.R. Horton (NYSE: DHI), Hovnanian Enterprises (NYSE: HOV), K.B. Home (NYSE: KBH), Meritage Homes (NYSE:...
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Lennar's Q2: Further Evidence That Housing Has Bottomed?
Wednesday, June 27, 2012 - 11:41am | 583Shares of the third-largest home builder by revenue, Lennar (NYSE: LEN), are seeing increased strength during Wednesday's trading session after the company reported second-quarter results that were better than analysts had expected. Lennar reported second-quarter EPS of $0.21, versus the estimated...
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Lucky Number 7: Case-Shiller Index Rises After Seven Months of Declines
Tuesday, June 26, 2012 - 11:02am | 491According to the S&P/Case-Shiller Survey Home Price Indices, a measure of U.S. home prices, showed that on average home prices increased 1.3% in the month of April for both the 10- and 20-City Composites. This comes after seven consecutive months of falling home prices as measured by both...
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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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Goldman Sachs Reiterates Buy Rating On PulteGroup
Wednesday, June 22, 2011 - 8:13am | 84According to Goldman Sachs, PulteGroup (NYSE: PHM) Buy rating is reiterated. Goldman Sachs said that Pulte is in the early stages of a turn-around that it expects will result in 300-500 bps of gross margins expansion, further cuts to SG&A dollars, and significantly tighter control of capital...
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Goldman Sachs Reiterates Buy Rating As PulteGroup Names A New CFO (PHM)
Tuesday, May 10, 2011 - 7:57am | 95In a recent report, Goldman Sachs has reiterated a Buy rating on PulteGroup (NYSE: PHM) after the company names Robert O'Shaughnessy as its new CFO, which was one of the key steps in PHM's turn-around plan. In the report, Goldman Sachs said, "The new CFO brings the suite of skills that the...
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Goldman Sachs Reiterates Conviction Buy on PulteGroup (PHM)
Tuesday, May 10, 2011 - 7:54am | 117Goldman Sachs is out with its report today on PulteGroup (NYSE: PHM), reiterating Conviction Buy. In a note to clients, Goldman Sachs writes, "We reiterate our Conviction Buy on Pulte as the company continues to deliver on its turn-around plan. For 2011 Pulte previously set out a number of goals...
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J.P. Morgan Raises Price Target on PulteGroup (PHM) from $8.50 to $9.00
Monday, May 2, 2011 - 9:42am | 125J.P. Morgan has published a report increasing price target on PulteGroup Inc. (NYSE: PHM) from $8.50 to $9 J.P. Morgan believes that according to 1Q results, PHM is consistent with both public and private builder commentary. In the report, J.P. Morgan cites “given our view that the Spring has...