homebuilder

Jim Cramer said Sunday Berkshire Hathaway Inc’s (NYSE:BRK) (NYSE:BRK) planned acquisition of Taylor Morrison Home Corp. (NYSE:TMHC) for $6.8 billion may offer investors a reason to take another look at homebuilder stocks, arguing that the deal suggests value could be emerging in a sector that...

Mortgage rates fell for the second consecutive week, providing some relief to homebuyers during what is typically the busiest period for the housing market. This has lent some support to homebuilder ETFs such as iShares U.S. Home Construction ETF (BATS:ITB), SPDR S&P Homebuilders ETF (NYSE:XHB...

Toll Brothers, Inc. (NYSE:TOL) reported its fourth-quarter results after Monday's closing bell. Here's a look at the details from the report. The Details: Toll Brothers reported quarterly earnings of $4.63 per share, which beat the analyst consensus estimate of $4.33. Quarterly revenue came in at $...

In response to changing market conditions in Florida and Texas, leading homebuilder KB Home (NYSE:KBH) has decided to slash home prices in Austin, San Antonio, Orlando, and Jacksonville. What Happened: According to KB Home’s Chief Operating Officer, Robert McGibney, the company has reduced...

Toll Brothers Inc (NYSE:TOL) reported third-quarter financial results that topped analyst expectations after the market close on Tuesday. Here’s a look at how the homebuilder fared during quarter. Q3 Earnings: Toll Brothers reported third-quarter revenue of $2.73 billion, beating the ...

Lennar Corp (NYSE:LEN) reported its second-quarter financial results after the closing bell Monday. Here's a look at the key figures from the report.  The Details: Lennar reported quarterly earnings of $3.38 per share, which beat the analyst consensus estimate of $3.24 by 4.32%. Quarterly...

Strong housing activity is driving demand for building materials that is resulting in a shortage of supplies and increasing prices. A report from John Burns Research and Consulting researchers Chris Beard and Matt Saunders found that roofing and insulation materials particularly are in short supply...

PulteGroup, Inc. (NYSE: PHM), one of the largest home construction firms in the U.S., is once again entangled in a serious legal matter, this time involving allegations of gender discrimination and retaliation. The Lawsuit In Question: Last Wednesday, Caitlin Overturf filed a lawsuit against...

On Wednesday, a lawsuit filed against PulteGroup Inc. (NYSE: PHM), one of the nation's largest home construction firms, highlighted alleged racial discrimination, unfair dismissal, and systemic racism within the corporation. Ryan Adams, a former PulteGroup employee, initiated the suit. Adams,...

Despite a constrained national housing market, homebuilder sentiment is on the rise, and so are the stock prices of most homebuilders. The NAHB/Wells Fargo Housing Market index, a monthly survey of homebuilders designed to gauge confidence in the market, increased for a fourth month to 45 in April...

The fallout from a 2022 lawsuit filed by philanthropist and investor William (Bill) J. Pulte against homebuilder PulteGroup Inc’s (NYSE: PHM) onetime prospective COO Brandon Jones continues to widen, as the company has terminated another top executive.  Pulte, 34, the...

Despite a sharp decline in homebuilder demand, Lennar Corp (NYSE: LEN) and NVR, Inc. (NYSE: NVR) have been able to gain market share in the housing market. What Happened: According to a Monday note issued by BofA Global Research tracking quarterly market share of public homebuilders, net orders for...

Major Wall Street indices closed in the green on Wednesday as optimism over a decline in inflation gained momentum ahead of the release of consumer price index data on Thursday. The Nasdaq Composite closed 1.76% higher while the Dow Jones ended Wednesday's session up 0.8%. The S&P...

Lennar Corp (NYSE: LEN) shares fell late Wednesday despite better-than-expected results from the homebuilder. The stock is bouncing Thursday and Raymond James was out with some commentary on the quarter. Q4 Earnings Rundown: Lennar reported fourth-quarter...

The bullish case for residential lot development company Forestar Group Inc. (NYSE: FOR) is based on a "clear path" to delivering a 54% compounded annual EPS growth rate over the next two years, according to Wells Fargo. The Analyst Wells Fargo's Truman Patterson initiated coverage of...