| (USD) | Feb 2024 | Q/Q |
|---|---|---|
| Revenue | 7.3B | -33% |
| Operating Income | - | - |
| Operating Expenses | - | - |
| Net Income | 719.3MM | -47% |
| G&A | 157.3MM | +38% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
PulteGroup's (PHM) first-quarter 2024 results reflect strong deliveries and orders.
Homebuilder confidence has held and remained the same in recent months as new home sales dropped. Mortgage rates have been at the root of many problems afflicting the US housing market and now they are starting to take a toll on homebuilder stocks; things could get even uglier as rates consistently move between 7% and realtors see mortgage rates going as high as 8% even. As part of Yahoo Finance's Real Estate: The New Reality special coverage this week, Wedbush Securities Equity Research SVP Jay...
Lennar tops the list
Solid demand and prudent investment strategies are expected to aid PulteGroup (PHM) in the first quarter. Yet, lower ASP and higher expenses are likely to have weighed on quarterly results.
Lennar stock has been underperforming the market, and one of the home builder’s directors just scooped up shares. Lennar is one of the three largest home builders in the U.S. Its shares have gained less than 2% so far this year, lagging behind the and shares of PulteGroup but outpacing those of D.R. Horton Lennar topped earnings estimates for the fiscal first quarter ended on Feb. 29, but weak guidance sent shares sliding. Lennar didn’t respond to a request to make Banse available for co...
Readers hoping to buy Lennar Corporation ( NYSE:LEN ) for its dividend will need to make their move shortly, as the...
D.R. Horton's (DHI) fiscal 2024 second-quarter performance benefits from limited affordable price points and favorable demographics. Inflation and mortgage/interest rates hurt.
Homebuilder stocks such as D.R. Horton (DHI), Toll Brothers (TOL), and Lennar (LEN) closed lower after disappointing housing starts data. Yahoo Finance's Dani Romero discusses the data and what investors can expect from homebuilder earnings this quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
This article delves into the examination of the 14 best 52-week high stocks to buy now. To explore more such companies that meet comparable criteria, go directly to 5 Best 52-Week High Stocks To Buy Now. The outlook for 2024 is positive for the economy and the stock market. Market conditions improved significantly in Q4 […]
Shares of major homebuilders are dipping lower after the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reported that Homebuilder Confidence for April remained unchanged from March. It currently sits at 51. Yahoo Finance Housing Reporter Dani Romero breaks down the data and what it represents for elevated mortgage rates. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberr...