home construction

Homebuilder ETFs posted modest gains Wednesday after a slight uptick in housing starts, but the rally may prove short-lived. During Wednesday afternoon trading, both the iShares U.S. Home Construction ETF (BATS:ITB) and the SPDR S&P Homebuilders ETF (NYSE:XHB) gained over 1%. Markets are...

Lennar Corp. (NYSE:LEN) released its second-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter.  The Details: Lennar reported quarterly earnings of $1.90 per share, which missed the Street estimate of $1.94. Quarterly revenue of $8.38 billion beat the...

We're in the thick of summer, the prime season for road construction crews to get a lot of work done. With President Joe Biden striking a deal on his infrastructure plan and 40% of Americans planning on summer travel (similar to pre-pandemic levels), we may soon see a lot more workers out there....

As the home selling season begins, the build-to-order strategy of KB Home (NYSE: KBH) puts it in a good position, and the company's elevated backlog provides earnings visibility over the next couple of quarters, according to Goldman Sachs. The KB Home Analyst: Susan Maklari upgraded KB...

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...

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...

Markets are firing on all cylinders after recently making new all-time highs. Here are the ETFs to watch for the week of Monday, August 25, 2014: Financial Select Sector SPDR (NYSE: XLF) The financial sector benchmark ETF finally broke out to new highs after Bank of America (NYSE: BAC)...

To hear Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) talk about the housing market, things are pretty healthy and likely to get stronger. If they're right, an improving market should bode well for the economy and, of course, for both companies. The question is how strong the housing market...