Homebuilders Tick Lower on Weaker Existing Home Sales Data
Tweet
Share
E-mailGet Alerts PHM Hot Sheet
Price: $126.96 +4.17%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
EPS Growth %: -21.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
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
- Wall Street faces record $8.3 trillion options expiration Thursday
- Global S&P Futures mixed in premarket
- FIS launches secondary loan trading platform to automate trade lifecycle
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!
