homebuilders

The end of February will be a busy period for homebuilder investors given a number of forthcoming economic releases and earnings reports. The following is what investors need to know, according to Wedbush's Jay McCanless. Economic Releases December 2018 Housing Starts (Feb. 26): Consensus...

Despite near-term macro challenges, homebuilder Toll Brothers Inc (NYSE: TOL) enjoys a strong position, and its cash flow strength could result in an accelerated share repurchase program, according to Raymond James. The Analyst Raymond James’ Buck Horne maintains an Outperform rating on...

Housing stocks continue to show weakness, with the homebuilder-tracking exchange traded fund SPDR S&P Homebuilders (NYSE: XHB) down around 25 percent since the start of 2018. Economic data released Monday was cause for more concern, showing that sentiment among homebuilders fell eight...

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...

Homebuilding stocks as a group are down more than 30 percent since the start of 2018 due to multiple concerns, and the Street's 2019 outlook appears to be overly optimistic, according to Deutsche Bank. The Analyst Analyst Nishu Sood made the following rating changes: Lennar Corporation (NYSE:...

Construction company D.R. Horton, Inc. (NYSE: DHI)’s upside return on invested capital is enough to warrant a new valuation approach, according to Raymond James.  The Analyst Raymond James analyst Buck Horne upgraded D.R. Horton from Outperform to Strong Buy with a price target...

KB Home (NYSE: KBH)'s fiscal second-quarter report Thursday prompted Bank of America Merrill Lynch to shift from a bearish to a bullish stance.   The Analyst Bank of America's John Lovallo II upgraded KB Home from Underperform to Buy with a price target lifted from $32 to $37...

Homebuilder PulteGroup, Inc. (NYSE: PHM) reported first-quarter results Tuesday that prompted Buckingham to turn bullish on the stock. The Analyst The Buckingham Research Group's Mark Weintraub upgraded PulteGroup's stock rating from Neutral to Buy with a price target lifted from $38...

Shares of homebuilder D. R. Horton Inc (NYSE: DHI) are trading at just 1.9x an estimated first quarter 2019 tangible book value of $23.21 — which undervalues the stock, according to Barclays. The Analyst Barclays' Matthew Bouley upgraded D.R. Horton's stock from Equal Weight to...

KB Home (NYSE: KBH) holds the unfortunate title of the worst-performing stock within the home builder group since its peak in January, but after the company's fiscal first-quarter report Thursday,  there are "a litany of reasons" to turn bullish, according to Wells Fargo....

Meritage Homes Corp (NYSE: MTH) shares trade below the group average, offering an attractive entry point, according to Wedbush. The Analyst Wedbush analyst Jay McCanless initiated coverage of Meritage Homes with an Outperform rating and $55 price target. The Thesis Meritage Home's mix...

KB Home (NYSE: KBH) shares have declined over 12 percent in the last few weeks, significantly underperforming its peers, according to Buckingham Research Group.  The Analyst Buckingham analyst Mark Weintraub upgraded shares of KB Home from Underperform to Neutral and maintained a $34...