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Encouraged By Robust Recovery, Housing Market Demand: KB Home CEO
Wednesday, September 23, 2020 - 4:49am | 514Read More...KB Home (NYSE: KBH) beat the street estimates on Q3 earnings and revenue, but COVID-19 hampered the business, as seen from 14% year-over-year revenue decline. Earnings Analysis: Q3 homebuilding revenue declined 13.98% year-over-year to $995.15 million, but the homebuilding operating margin improved...
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Monday's Market Minute: Watching Consumer Trends
Monday, July 20, 2020 - 8:20am | 463Read More...The week begins with limited economic data in terms of numbers that have the potential to move markets or shift trader sentiment, but that will change quickly as we head into the middle of the week as the focus shifts to housing data, the jobs report, and companies reporting quarterly results....
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Bulls And Bears Of The Week: Lennar, Dave & Buster's, Broadcom And More
Sunday, June 16, 2019 - 8:01pm | 877Read More...Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included a company riding low interest rates and a strong homebuilding trend, and a semiconductor stock bucking an otherwise rough trend for the industry. Bearish calls included a restaurant where...
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Headwinds Loom For Trucking And Construction
Wednesday, June 12, 2019 - 10:07am | 1404Read More...As capacity continues to increase in the trucking industry against the backdrop of record levels of new truck and trailer orders in late 2018, outbound tender volumes are only down 3.96 percent year-over-year, setting up an interesting scenario heading into the all-important summer construction...
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After Chilly Winter, Homebuilders To Share Earnings With High Hopes Ahead
Tuesday, April 23, 2019 - 2:06pm | 1200Read More...By most accounts, homebuilders didn’t exactly get much hammer time in Q1. The weather—always a dubious affair for outside framing and brick-laying at any time—wasn’t just unseasonably chilly this winter, it was downright nasty. The polar vortex hit and then created a ripple...
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CEO Of TPG Real Estate Finance Trust Greta Guggenheim Weighs In On The Outlook For The Housing Market In 2019
Thursday, March 28, 2019 - 2:43pm | 129Read More...Greta Guggenheim, CEO of TPG Real Estate FInance Trust, joined the TD Ameritrade Network to talk about the housing market heading into the second quarter of 2019. Guggenheim: Mortgage lenders have taken on a defensive posture. Guggenheim: Looks like interest rates are staying low for a while....
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Wakeup Call: World, China Growth Data Fail To Impress, Pushing Down Global Markets
Tuesday, January 22, 2019 - 10:18am | 1960Read More...After a long, snowy weekend across much of the country, a shortened week kicks off with the financial wheels still spinning on some icy patches despite this month’s sparkling stock market rally. Some of the slippery spots early Tuesday included a softer global economic growth forecast...
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Citi Is A Believer In Lowe's Turnaround Plan: 'We Think The Stock Has Upside From Here'
Tuesday, October 23, 2018 - 1:04pm | 424Read More...Lowe’s Companies, Inc. (NYSE: LOW) shares have surged over 16 percent in the last six months, bolstered by strong earnings and new management. The Analyst Citi Research analyst Kate McShane upgraded Lowe’s from Neutral to Buy and maintained a $112 price target. The Thesis Citi...
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Owens Corning Should Regain Market Share, Nomura Says In Upgrade
Tuesday, May 1, 2018 - 4:47pm | 329Read More...Owens Corning (NYSE: OC), a major developer and producer of insulation, roofing and fiberglass composites, is poised to reverse market share losses which started in 2016, according to Nomura. The Analyst Nomura Instinet's Michael Wood upgraded Owens Corning from Neutral to Buy with an...
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Lowe's Continues To Trail Home Depot But Is Now A Buy, Analyst Says
Thursday, January 25, 2018 - 11:20am | 433Read More...Shares of Lowe's Companies, Inc. (NYSE: LOW) have gained nearly 50 percent over the past year, and three catalysts could boost the stock even higher in 2018, according to Telsey Advisory Group. The Analyst Telsey Advisory Group's Joseph Feldman upgraded Lowe's' stock from...
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KB Homes Downgraded On Valuation Risk After 'Ballistic' Growth
Friday, January 12, 2018 - 2:50pm | 390Read More...KB Home (NYSE: KBH) was downgraded by Buckingham Research Group Friday, with an analyst saying the homebuilder's share price "is ahead of itself." The Analyst Buckingham's Mark Weintraub downgraded KB Home from Neutral to Underperform and raised the price target from $28...
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2018 Housing Market Predictions
Friday, January 5, 2018 - 10:53am | 856Read More...Are you preparing to enter the housing market in 2018? Whether you're a buyer or a seller, 2018 is likely to be a year of both challenges and opportunities. Our crystal ball is just as cloudy as everyone else's these days, but based on recent trends and events, we can make a few predictions...
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Why One Analyst Would Prefer To Build A Position In Lowe's Rather Than Home Depot
Tuesday, November 7, 2017 - 11:09am | 650Read More...The do-it-yourself home improvement sector has benefited from the multiyear improvement in the housing sector. But the key question moving forward is which is the better holding: Dow component Home Depot Inc (NYSE: HD) or its smaller rival Lowe's Companies, Inc. (NYSE: LOW)? The Analyst...
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Why Are Global Investors Concerned With A Tiny Canadian Mortgage Lender?
Tuesday, May 2, 2017 - 11:48am | 370Read More...Most investors haven't heard of Home Capital Group Inc (TSE: HCG), a Toronto-listed, Canada-based financial institution that offers residential and non-residential commercial mortgage lending and consumer lending products. Canada's Financial Post noted Home Capital is facing the scrutiny of...
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Beazer Homes, Hovnania Enterprises Leading The Homebuilding Sector Sharply Higher
Friday, December 9, 2016 - 9:46am | 520Read More...Homebuilding stocks have been on a strong run up in the past month, with the major names in the space recording double-digit gains. Beazer Homes USA, Inc. (NYSE: BZH) are up 45 percent since November 10 and Hovnanian Enterprises, Inc. (NYSE: HOV) has rallied about 49 percent. Meanwhile, luxury...
