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...
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NVR has substantially outperformed the S&P 500 over the past year, yet analysts remain cautious about the stock’s prospects.
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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...