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Fluor Q1 Beats EPS Estimates, Reaffirms Strong 2025 Outlook
Friday, May 2, 2025 - 10:40am | 320Fluor Corp (NYSE:FLR) shares are trading slightly higher after the company posted mixed first-quarter 2025 results, with key metrics surpassing some expectations. Fluor's revenue grew 6.6% year-over-year to $3.982 billion, missing the consensus of $4.18 billion. Adjusted EPS improved to 73 cents...
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Homebuilders Are Slashing Prices — But Only In Certain Markets
Sunday, April 20, 2025 - 1:01pm | 457If you're watching the housing market closely, here's something to pay attention to: Builders are sitting on more unsold homes than we've seen since the Great Recession. And that's leading to something pretty rare in real estate — real deals. Thanks to years of aggressive building during the post-...
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Dow Downgraded: Analyst Blames 'Perfect Storm' Of Weak Macro, High Costs, Trade Barriers
Tuesday, April 15, 2025 - 3:10pm | 457Bank of America Securities analyst Steve Byrne downgraded Dow Inc. (NYSE:DOW) to Underperform from Buy, lowering the price forecast from $44 to $28. The analyst cited a combination of weakening macroeconomic conditions, rising U.S. feedstock costs, and increasing trade barriers as factors creating...
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What Building Product Companies Are Better Positioned During Tariff Turbulence? BofA Securities Weighs In
Tuesday, April 8, 2025 - 1:57pm | 519BofA Securities analyst Rafe Jadrosich writes that the building product companies may encounter significant headwinds from tariffs, though the full impact remains uncertain. Notably, last week, the Trump administration proposed steep new tariffs on several countries, while maintaining current rates...
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KB Home Q1 Earnings: Revenue Miss, EPS Miss, Demand 'More Muted' Than Expected, Buyers Responding Favorably To Value Pivot And More
Monday, March 24, 2025 - 4:50pm | 473KB Home (NYSE:KBH) reported first-quarter financial results Monday after the bell. Here’s a look at the key metrics from the quarter. Q1 Earnings: KB Home reported first-quarter revenue of $1.39 billion, missing analyst estimates of $1.50 billion. The U.S. homebuilder reported...
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BofA Securities Analyst Projects Millrose Spin-Off To Weigh On Lennar's Earnings, Cuts Price Target
Tuesday, March 18, 2025 - 2:26pm | 474BofA Securities analyst Rafe Jadrosich updated the price forecast for Lennar Corp (NYSE:LEN) to reflect the impact of the weak housing market and the Millrose Properties spin-off. The analyst slashed the price forecast to $130 from $140 while retaining a Neutral rating. Last month, the company...
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Housing Stocks Are On The Rise Today: What's Going On?
Monday, January 27, 2025 - 5:54pm | 342Shares of housing stocks including NVR Inc. (NYSE:NVR) and D.R. Horton Inc. (NYSE:DHI) traded higher on Monday, likely driven by a better-than-expected report on U.S. new home sales for December. What To Know: According to Reuters, the U.S. Commerce Department reported new home sales increased 3.6...
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Homebuilders 2025 Outlook: 'More Cautious, Less Constructive,' Analyst Says
Friday, December 13, 2024 - 1:17pm | 431JPMorgan analysts delivered a grim outlook for homebuilders on Friday as the firm moves to a "more cautious, less constructive" approach toward the industry. The JPMorgan analysts, led by Michael Rihault, gave multiple reasons for the shifted 2025 outlook. Renault pointed to several key housing...
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Florida Is A Top State For New Home Builds — Could Hurricane Milton Slow It Down? 4 Homebuilder Stocks That Could Come Under Pressure
Thursday, October 10, 2024 - 2:00pm | 607Hurricane Milton could slow down new home construction in the state of Florida, which could have a negative impact on the overall U.S. housing market. What Happened: Hurricane Milton has left devastation in the state of Florida that impacts multiple sectors and will take time to clean up and...
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US Desperately Needs Housing Supply, So Why Has New Home Construction Sunk To 4-Year Lows?
Wednesday, June 26, 2024 - 4:34pm | 439Amid significant challenges facing the U.S. housing market, metrics released in June are not encouraging signs that the U.S. can get out of its current rut. What Happened: Data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development did not offer encouraging...
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Slump In Housing Starts: 'Extremely Noisy' Numbers Indicate Demand For New Homes Dipping
Friday, February 16, 2024 - 1:38pm | 757The number of homebuilding projects started in January plunged, hitting the lowest rate since August, with the Midwest region lagging the most. Data from the U.S. census bureau on Friday showed housing starts fell by 14.8% in January, rocked by a chunky 35.8% fall in projects started on multifamily...
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Why Lennar Corporation Stock Slid After Hours
Thursday, December 14, 2023 - 7:18pm | 472Lennar Corporation (NYSE: LEN) shares are trading lower in Thursday's after-hours session on the heels of the company's fourth-quarter earnings. Here's what you need to know. What To Know: Lennar reported quarterly earnings of $5.17 per share, topping estimates of $4.59, a 2.99%...
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Bonds See Inflow, Construction And Natural Gas Drop - ETF Winners And Losers: Small-Cap Flows
Wednesday, October 18, 2023 - 4:19pm | 505We performed a screening of Small-cap ETFs – defined as having Assets Under Management (AUM) between $400 and $2 billion – to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners...
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You Could Get Paid Up To $125,000 To Build A Tiny Home In Your Backyard
Wednesday, August 23, 2023 - 9:36am | 563Building a tiny home can be a big undertaking, but depending on where you live, you could get paid to take on the task. Paid Big To Build Small: According to a Business Insider report, homeowners can build accessory dwelling units ranging from 150 to 1,200 square feet on their...
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Homebuilder Stocks DR Horton And Lennar Get Boost From Berkshire Hathaway Share Stake
Monday, August 14, 2023 - 5:29pm | 248DR Horton Inc (NYSE: DHI) and Lennar Corporation (NYSE: LEN) shares are trading higher in the after-hours session Monday after Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) took share stakes in the companies. What To Know: According to a new regulatory filing, the Warren Buffett-led...