US Building Materials Face Continued Softness in Housing Market, DA Davidson Highlights Two Top Pick Names

Fri, 22 May 2026 07:26:48 -0400

Investing.com -- The Census Bureau reported April new residential construction data on Friday, showing a resilient but softer single-family housing market, according to DA Davidson analysts.

April housing starts came in at a seasonally adjusted annualized rate of 1.47 million, down 3% from March's pace but up 5% year-over-year due to multifamily gains. Single-family starts registered 930,000 in April, declining from March levels.

The single-family starts rate was down 2% year-over-year and 9% month-over-month from March. The single-family permitting rate for April was 872,000, marking a 3% monthly decline and 6% year-over-year decrease. The single-family permitting rate has largely held within an

US Building Materials Face Continued Softness in Housing Market, DA Davidson Highlights Two Top Pick Names

Fri, 22 May 2026 07:26:48 -0400

Investing.com -- The Census Bureau reported April new residential construction data on Friday, showing a resilient but softer single-family housing market, according to DA Davidson analysts.

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Tue, 19 May 2026 09:00:00 -0400

WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced its participation in the following investor conferences:

Baird 2026 Global Consumer, Technology & Services Conference

Location: New York, NY

Date: Tuesday, June 2

Trex Management:

Adam Zambanini – President and Chief Executive Officer

Lee Coker – Vice President, Corporate Development &

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Tue, 19 May 2026 09:00:00 -0400

Baird 2026 Global Consumer, Technology & Services Conference

Location: New York, NY

Date: Tuesday, June 2

Trex Management:

Adam Zambanini – President and Chief Executive Officer

Lee Coker – Vice President, Corporate Development &

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Tue, 19 May 2026 09:00:00 -0400

Baird 2026 Global Consumer, Technology & Services Conference

Location: New York, NY

Date: Tuesday, June 2

Trex Management:

Adam Zambanini – President and Chief Executive Officer

Lee Coker – Vice President, Corporate Development &

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Tue, 19 May 2026 09:00:00 -0400

Baird 2026 Global Consumer, Technology & Services Conference

Location: New York, NY
Date: Tuesday, June 2
Trex Management:	Adam Zambanini – President and Chief Executive Officer
	Lee Coker – Vice President, Corporate Development & Zelman & Associates Upgrades Trex (TREX) to Outperform Mon, 18 May 2026 07:50:39 -0400 Zelman & Associates upgraded Trex (NYSE: TREX) from Neutral to Outperform with a price target of $50.00. For an analyst ratings summary and ratings history on Trex click here. For more ratings news on Trex click here. Shares of Trex closed at $37.44 yesterday. Form SCHEDULE 13G/A TREX CO INC Filed by: WELLINGTON MANAGEMENT GROUP LLP Fri, 15 May 2026 07:35:00 -0400 si-local-file:///var/storage/secattach/20260515/26499534.html Form SCHEDULE 13G/A TREX CO INC Filed by: WELLINGTON MANAGEMENT GROUP LLP Fri, 15 May 2026 07:35:00 -0400 si-local-file:///var/storage/secattach/20260515/26499534.html Form 8-K/A TREX CO INC For: May 07 Wed, 13 May 2026 16:15:00 -0400 si-local-file:///var/storage/secattach/20260513/26486232.html Form 8-K/A TREX CO INC For: May 07 Wed, 13 May 2026 16:15:00 -0400 si-local-file:///var/storage/secattach/20260513/26486232.html Trex (TREX) PT Raised to $44 at Stifel Mon, 11 May 2026 08:40:20 -0400 Stifel analyst Andrew Carter raised the price target on Trex (NYSE: TREX) to $44.00 (from $40.00) while maintaining a Hold rating. Trex (TREX) PT Raised to $36 at Barclays Mon, 11 May 2026 03:29:35 -0400 Barclays analyst Matthew Bouley raised the price target on Trex (NYSE: TREX) to $36.00 (from $35.00) while maintaining a Underweight rating. Building product makers raise prices on decking, railing items Fri, 08 May 2026 10:37:04 -0400 Investing.com -- Building products manufacturers are implementing price increases across decking, railing, and exterior products in response to rising raw material costs. James Hardie Industries (NYSE:JHX) announced price increases ranging from 4% to 15% for its decking, railing, and AZEK Exteriors products, effective May 28. TimberTech Decking will see a 4% increase, while TimberTech Railing will rise 6%. Trim, sheet, molding, siding, and specialty products will increase 5%, and TimberTech Aluminum Framing will see the largest increase of 12% to 14%. The company stated the increases are in direct response to elevated raw material costs associated with global conflict. James Hardie also Building product makers raise prices on decking, railing items Fri, 08 May 2026 10:37:04 -0400 Investing.com -- Building products manufacturers are implementing price increases across decking, railing, and exterior products in response to rising raw material costs. James Hardie Industries (NYSE:JHX) announced price increases ranging from 4% to 15% for its decking, railing, and AZEK Exteriors products, effective May 28. TimberTech Decking will see a 4% increase, while TimberTech Railing will rise 6%. Trim, sheet, molding, siding, and specialty products will increase 5%, and TimberTech Aluminum Framing will see the largest increase of 12% to 14%. The company stated the increases are in direct response to elevated raw material costs associated with global conflict. James Hardie also Building product makers raise prices on decking, railing items Fri, 08 May 2026 10:37:04 -0400 Investing.com -- Building products manufacturers are implementing price increases across decking, railing, and exterior products in response to rising raw material costs. James Hardie Industries (NYSE:JHX) announced price increases ranging from 4% to 15% for its decking, railing, and AZEK Exteriors products, effective May 28. TimberTech Decking will see a 4% increase, while TimberTech Railing will rise 6%. Trim, sheet, molding, siding, and specialty products will increase 5%, and TimberTech Aluminum Framing will see the largest increase of 12% to 14%. The company stated the increases are in direct response to elevated raw material costs associated with global conflict. James Hardie also Trex (TREX) PT Lowered to $43 at Citi Fri, 08 May 2026 10:28:40 -0400 Citi analyst Anthony Pettinari lowered the price target on Trex (NYSE: TREX) to $43.00 (from $46.00) while maintaining a Neutral rating. Form 10-Q TREX CO INC For: Mar 31 Thu, 07 May 2026 16:13:00 -0400 si-local-file:///var/storage/secattach/20260507/26453463.html Form 10-Q TREX CO INC For: Mar 31 Thu, 07 May 2026 16:13:00 -0400 si-local-file:///var/storage/secattach/20260507/26453463.html Trex (TREX) Tops Q1 EPS by 8c; offers guidance Thu, 07 May 2026 06:37:36 -0400 Trex (NYSE: TREX) reported Q1 EPS of $0.59, $0.08 better than the analyst estimate of $0.51. Revenue for the quarter came in at $343 million versus the consensus estimate of $340.19 million. GUIDANCE: Trex sees Q2 2026 revenue of $388-403 million, versus the consensus of $394 million. Trex sees FY2026 revenue of $1.185-1.23 billion, versus the consensus of $1.208 billion. For earnings history and earnings-related data on Trex (TREX) click here. Trex (TREX) Tops Q1 EPS by 8c; offers guidance Thu, 07 May 2026 06:37:36 -0400 Trex (NYSE: TREX) reported Q1 EPS of $0.59, $0.08 better than the analyst estimate of $0.51. Revenue for the quarter came in at $343 million versus the consensus estimate of $340.19 million. GUIDANCE: Trex sees Q2 2026 revenue of $388-403 million, versus the consensus of $394 million. Trex sees FY2026 revenue of $1.185-1.23 billion, versus the consensus of $1.208 billion. For earnings history and earnings-related data on Trex (TREX) click here. Trex Company Reports Solid First Quarter 2026 Results Thu, 07 May 2026 06:30:00 -0400 Launches Five Long-Term Strategic Priorities Well Positioned Heading Into Peak Deck-Building Season with Recent Home Center Stocking Wins Executes and Expands Significant Share Repurchase Program Reaffirms Full Year 2026 Guidance First Quarter Financial Highlights Net sales of $343 million Gross margin of 40.5% Net income of $61 million and diluted earnings per share of $0.58 Adjusted net income of $62 million and adjusted diluted earnings per share of $0.59 Adjusted EBITDA of $103 million WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial Trex Company Reports Solid First Quarter 2026 Results Thu, 07 May 2026 06:30:00 -0400 Launches Five Long-Term Strategic Priorities Well Positioned Heading Into Peak Deck-Building Season with Recent Home Center Stocking Wins Executes and Expands Significant Share Repurchase Program Reaffirms Full Year 2026 Guidance First Quarter Financial Highlights Net sales of $343 million Gross margin of 40.5% Net income of $61 million and diluted earnings per share of $0.58 Adjusted net income of $62 million and adjusted diluted earnings per share of $0.59 Adjusted EBITDA of $103 million WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial Trex Company Reports Solid First Quarter 2026 Results Thu, 07 May 2026 06:30:00 -0400 Launches Five Long-Term Strategic Priorities Well Positioned Heading Into Peak Deck-Building Season with Recent Home Center Stocking Wins Executes and Expands Significant Share Repurchase Program Reaffirms Full Year 2026 Guidance First Quarter Financial Highlights Net sales of $343 million Gross margin of 40.5% Net income of $61 million and diluted earnings per share of $0.58 Adjusted net income of $62 million and adjusted diluted earnings per share of $0.59 Adjusted EBITDA of $103 million WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial Trex Company Reports Solid First Quarter 2026 Results Thu, 07 May 2026 06:30:00 -0400 Launches Five Long-Term Strategic Priorities Well Positioned Heading Into Peak Deck-Building Season with Recent Home Center Stocking Wins Executes and Expands Significant Share Repurchase Program Reaffirms Full Year 2026 Guidance First Quarter Financial Highlights Net sales of $343 million Gross margin of 40.5% Net income of $61 million and diluted earnings per share of $0.58 Adjusted net income of $62 million and adjusted diluted earnings per share of $0.59 Adjusted EBITDA of $103 million WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial

StreetInsider.com News Articles

US Building Materials Face Continued Softness in Housing Market, DA Davidson Highlights Two Top Pick Names

US Building Materials Face Continued Softness in Housing Market, DA Davidson Highlights Two Top Pick Names

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Trex Company Announces Second Quarter 2026 Investor Conference Schedule

Zelman & Associates Upgrades Trex (TREX) to Outperform

Form SCHEDULE 13G/A TREX CO INC Filed by: WELLINGTON MANAGEMENT GROUP LLP

Form SCHEDULE 13G/A TREX CO INC Filed by: WELLINGTON MANAGEMENT GROUP LLP

Form 8-K/A TREX CO INC For: May 07

Form 8-K/A TREX CO INC For: May 07

Trex (TREX) PT Raised to $44 at Stifel

Trex (TREX) PT Raised to $36 at Barclays

Building product makers raise prices on decking, railing items

Building product makers raise prices on decking, railing items

Building product makers raise prices on decking, railing items

Trex (TREX) PT Lowered to $43 at Citi

Form 10-Q TREX CO INC For: Mar 31

Form 10-Q TREX CO INC For: Mar 31

Trex (TREX) Tops Q1 EPS by 8c; offers guidance

Trex (TREX) Tops Q1 EPS by 8c; offers guidance

Trex Company Reports Solid First Quarter 2026 Results

Trex Company Reports Solid First Quarter 2026 Results

Trex Company Reports Solid First Quarter 2026 Results

Trex Company Reports Solid First Quarter 2026 Results