Cutting D.R. Horton ( DHI ) to Underperform , the team cites exposure to first time homebuyers ..... and access to mortgage financing). Also knocked is the placement of DHI 's communities. The analysts say they get low rankings vs. peers
and commentary from the large builders also have given mixed signals. On one hand, the likes of Lennar LEN, D.R. Horton DHI , and PulteGroup PHM pointed to better-than-seasonal demand through January when reporting their most recent quarterly results
weather. XHB -1.3% , ITB -1.7% . Individual names: Hovnanian ( HOV -1% ), Lennar ( LEN -1.2% ) D.R. Horton ( DHI -1.3% ), Ryland ( RYL -1.5% ), KB Home ( KBH -1.9% ), Standard Pacific ( SPF -1.5% ), MDC Holdings ( MDC
from Bank of America, which also cuts Meritage Homes ( MTH ) to Underperform. Citi, meanwhile, removes Buy ratings at D.R. Horton ( DHI ), New Home Company ( NWHM ), and Taylor Morrison ( TMHC ). Related ETFs: XHB , ITB 2 comments!
Hovnanian's big earnings miss and slowdown in closings (HOV now down 6.6% ): NVR ( NVR -1.5% ), D.R. Horton ( DHI -1.1% ), KB Home ( KBH -1.8% ), Pulte ( PHM -0.8% ), Ryland ( RYL -1.5% ), Toll Bros. ( TOL -0.3
AMZN ), Home Depot ( HD ), Macy's ( M ), Dollar Tree ( DLTR ), Target ( TGT ), J.C. Penney ( JCP ), D.R. Horton ( DHI ), Cracker Barrel ( CBRL ), Senior Housing Properties ( SNH ), Ventas ( VTR ) Since the beginning of the year, the word on
By John Gilluly : One of the investment methods used by traders so effectively in 2012-13 was to buy home builders responding to strong demand in specific metro areas; for example: the CA builders (San Francisco Bay Area, Los Angeles, and San Diego); and Texas (especially Austin, San Antonio, and
United Technologies ( UTX ), Honeywell ( HON ), D.R. Horton ( DHI ), Procter & Gamble ( PG ), Kimberly Clark ( KMB ) If management ..... Technologies ( UTX ), Honeywell ( HON ) and D.R. Horton ( DHI ). Google ( GOOG ), Netflix ( NFLX ), Apple ( AAPL ), Kodak
By John Dowdee : Homebuilders were devastated by the collapse of the housing market during the brutal bear market from 2005 to 2009. Some homebuilders lost more than 80% of their market cap as investors fled. Since 2009, the combination of low interest rates, lower inventory, and rising rental ...
By Dave Kranzler : The Dow Jones US Homebuilder Index (DJUSHB) spiked up 5.6% Monday in a short-covering inspired rally that was triggered by Hovnanian's ( HOV ) fiscal Q3 earnings report, released right before the market opened. As I have written previously, the fundamentals do not justify the ...