Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales
Lennar Corporation LEN is slated to report third-quarter fiscal 2024 results (ended Aug. 31) after the closing bell on Sept. 19.In the last reported quarter, the company’s earnings and total revenues...
NVR has substantially outperformed the S&P 500 over the past year, yet analysts remain cautious about the stock’s prospects.
Lennar has substantially outperformed the Dow Jones Industrial Average over the past year and analysts remain moderately bullish about the stock’s prospects.
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -1.73%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.69%. Stocks sold...
PulteGroup, Inc. PHM is gaining significant attention as markets anticipate a potential rate cut by the Federal Reserve in September. So far this year, the company’s shares have rallied 26.6%, demonstrating...
The S&P 500 Index ($SPX ) (SPY ) today is down -1.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.20%. Stocks are under pressure...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.63%. Stocks are mixed today, with...
U.S. construction spending fell 0.3% in July, driven by higher mortgage rates and increased housing supply. The decline was led by a 1.9% drop in single-family homebuilding, reaching a 16-month low. Private...