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If You Invested $1,000 In Invesco Mortgage Capital Stock One Year Ago, Here's How Much You'd Have Now
Thursday, December 16, 2021 - 2:10pm | 624Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 28.8%. But there is no question some big-name stocks performed better than others along the way. Invesco Mortgage...
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Why Zillow Homebuying Halt 'Might Be Beneficial' In The Near-Term
Monday, October 18, 2021 - 11:32am | 469Online real estate listing platform Zillow Group Inc (NASDAQ: Z) is reportedly pausing its iBuying program through at least the end of 2021 after the company purchased more than 3,800 homes in the second quarter. The stock dropped more than 7% on Monday morning after Bank of America analyst...
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IBuying Real Estate Company Offerpad Purchased In SPAC Led By Former Zillow CEO
Thursday, March 18, 2021 - 5:20pm | 698A new public entrant in the online buying and selling of homes has emerged with a SPAC deal announced Thursday. The SPAC Deal: Offerpad, a technology-enabled real estate solutions platform, is going public with Supernova Partners Acquisition Co Inc (NYSE: SPNV). Spencer Rascoff, co-...
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A Bull Vs. Bear Take On KB Homes Following Q3 Earnings
Monday, September 28, 2020 - 1:30pm | 382KB Home (NYSE: KBH) is subject to ongoing investor debate on the merits of buying or avoiding the stock. The company reported fiscal third-quarter results that prompted one Street analyst to turn incrementally bullish while another remains convinced investors should stick to the sidelines. The...
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Condos Vs. Houses: The Pros And Cons
Thursday, August 15, 2019 - 12:01pm | 653The type of home you choose is a very personal decision. Whether you’re considering a house or condo, there are significant differences that you want to carefully contemplate. If you're a former renter in an affordable city like Minneapolis or an expensive place like New York City, the...
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Wedbush Reiterates Beazer Homes At Outperform
Tuesday, July 2, 2019 - 4:12pm | 320Beazer Homes USA, Inc. (NYSE: BZH) boasts multiple catalysts and favorable trends that continues to support the bullish case for the stock, according to Wedbush. The Analyst Wedbush's Jay McCanless maintains an Outperform rating on Beazer Homes with a $17 price target. The Thesis Beazer Homes...
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Raymond James Downgrades Lennar On Valuation, Still Likes Long-Term Prospects
Monday, April 1, 2019 - 8:39am | 321Homebuilder Lennar Corporation (NYSE: LEN) last week reported an EPS miss in its fiscal first-quarter results but other metrics were "encouraging," according to Raymond James. The Analyst Raymond James' Buck Horne downgraded Lennar from Strong Buy to Outperform with an unchanged $55...
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Wedbush Talks Homebuilders Ahead Of Next Week's Busy Schedule
Thursday, February 21, 2019 - 12:45pm | 514The 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...
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PulteGroup's 'Excellent' Q1 Beat Turns Buckingham Bullish
Wednesday, April 25, 2018 - 12:42pm | 400Homebuilder 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...
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Wells Fargo Finds 'A Litany Of Reasons' To Upgrade KB Home
Friday, March 23, 2018 - 11:34am | 359KB 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....
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Buy The Dip In These Homebuilder-Related Stocks, Wedbush Says
Tuesday, February 13, 2018 - 6:05pm | 621Homebuilding stocks were mostly higher Tuesday after Wedbush turned incrementally bullish on three names, despite year-to-date declines: Beacon Roofing Supply, Inc. (NASDAQ: BECN), Beazer Homes USA, Inc. (NYSE: BZH) and LGI Homes Inc (NASDAQ: LGIH). The Analyst Wedbush's Jay...
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JPMorgan Answers Questions On The Homebuilder Sector, Projects 'More Modest' 2018
Tuesday, December 19, 2017 - 6:11pm | 705Investors with exposure to the homebuilding sector are likely happy with the sector's performance throughout 2017, but there are plenty of unanswered questions as the new year approaches. The Analyst JPMorgan's Michael Rehaut. 10 Questions, Asked And Answered While homebuilders...
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Homebuilders Are Getting Crushed By Revised Tax Plan
Thursday, November 2, 2017 - 10:59am | 376Homebuilder stocks came under heavy selling pressure on Thursday as new details of President Trump's tax reform plan were released. Under a revised Republican tax plan, the cap on mortgage-interest deductions would be moved from $1 million currently to just $500,000. The change wouldn't...
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Taking A Dive Into KB Home's Beat And Raise Quarter
Wednesday, June 28, 2017 - 11:52am | 356KB Home (NYSE: KBH)'s beat-and-raise earnings report on Tuesday wasn't good enough for analysts at MKM Partners to change its Neutral stance on the stock. MKM's Megan McGrath maintains a Neutral rating on KB Home's stock but with a price target raised from $20 to $24 as the company's order growth...
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The U.S. Cities With The Most Overvalued And Undervalued Homes
Tuesday, October 11, 2016 - 4:39pm | 348The most recent Quicken Loans study of homeowner value perceptions revealed that the disparity between appraiser and homeowner opinions of home values continued to narrow in September. While home values have generally increased since 2011, homeowners’ perceptions of home values have...