Homebuilders Tick Lower on Weaker Existing Home Sales Data
Tweet
Share
E-mailGet Alerts PHM Hot Sheet
Price: $120.59 +1.77%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: -21.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: -21.1%
Join SI Premium – FREE
Home builders are on watch following lower than expected existing home sales data. Dat out moments ago showed existing homes sales fell 1% to 4.94M versus an expected 5.1 million. Homebuilders ticked lower on the headlines, but are currently holding in relatively well.
Stocks & ETFs to Watch:
PulteGroup (NYSE: PHM), Toll Brothers (NYSE: TOL), Hovnanian Enterprises (NYSE: HOV), DH Horton (NYSE: DHI), Ryland Group Inc. (NYSE: RYL), Beazer Homes (NYSE: BZH), Lennar (NYSE: LEN), and KB Home (NYSE: KBH). SPDR S&P Homebuilders (NYSE: XHB).
Stocks & ETFs to Watch:
PulteGroup (NYSE: PHM), Toll Brothers (NYSE: TOL), Hovnanian Enterprises (NYSE: HOV), DH Horton (NYSE: DHI), Ryland Group Inc. (NYSE: RYL), Beazer Homes (NYSE: BZH), Lennar (NYSE: LEN), and KB Home (NYSE: KBH). SPDR S&P Homebuilders (NYSE: XHB).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- CoreWeave mulling euro bond sale to European investors
- Trump: My Preference Has Always Been Take Kharg Island
- CME Group to launch four new E-mini futures contracts in June
Create E-mail Alert Related Categories
ETFs, Trader TalkRelated Entities
Existing-Home Sales, Standard & Poor'sSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
