The lack of existing homes for sale in the market, along with a desire to own a home, has been driving demand for the U.S. housing space, defying the challenges associated with the high interest rate environment and rising raw material and labor costs. Also, the companies’ focus on cost control, increased operating leverage and important buyouts have been boosting the confidence of the Zacks Building Products - Home Builders industry players. Companies like NVR, Inc. (NVR) , PulteGroup, Inc. (PHM) , Toll Br ...

Dream Finders Homes Inc. (DFH) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this homebuilder have returned -12.2% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Building Products - Home Builders industry, to which Dream Finders Homes belongs, has lost 5.4% over this period. Now the key question is: Where could the stock be headed in the near ...

Existing home sales, which make up approximately 90% of the United States home sales, pulled back in March 2024, showcasing a decline from the prior month’s levels and year over year. The housing market seems to be reeling ]under increasing mortgage rates, which are making homebuyers wary of spending a penny.Key TakeawaysOn Apr 18, 2024, the National Association of Realtors (“NAR”) said that existing home sales slipped 4.3% to a seasonally adjusted annual rate of 4.19 million units last month from February. ...

Among the Zacks Rank #1 (Strong Buy) list, several stocks were sizzling before more volatility hit the broader market but now may be a good time to start eying their rebounds.With representation from a variety of sectors here are three of these highly ranked stocks to consider. Dream Finders Homes (DFH) : Considering the strong performance of many homebuilder stocks, Dream Finders Homes has been one of the more reasonably priced and valued names despite DFH skyrocketing over +138% in the last year. That sai ...

The latest trading session saw Dream Finders Homes Inc. (DFH) ending at $34.19, denoting a -0.32% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.22% for the day. At the same time, the Dow added 0.06%, and the tech-heavy Nasdaq lost 0.52%.Shares of the homebuilder witnessed a loss of 11.48% over the previous month, trailing the performance of the Construction sector with its loss of 3.79% and the S&P 500's loss of 1.66%.Investors will be eagerly watchi ...

NVR, Inc. (NVR) is expected to have generated higher earnings and homebuilding revenues in first-quarter 2024 on a year-over-year basis.In the last reported quarter, earnings topped the Zacks Consensus Estimate by 2.9%, while the homebuilding revenues missed the same by 7.2%. On a year-over-year basis, earnings and homebuilding revenues decreased 9% and 11%, respectively.The company’s earnings topped analysts’ expectations in 18 of the trailing 23 quarters.Trend in Estimate RevisionFor the quarter to be rep ...

In the latest market close, Dream Finders Homes Inc. (DFH) reached $34.30, with a -1.32% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.58%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq depreciated by 1.15%.The homebuilder's stock has dropped by 2.99% in the past month, falling short of the Construction sector's loss of 2.9% and the S&P 500's loss of 1.09%.Analysts and investors alike will be keeping a close eye on the perfor ...

Investors interested in Building Products - Home Builders stocks are likely familiar with Dream Finders Homes Inc. (DFH) and NVR (NVR) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate r ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Consistent sales growth is key, as it’s the foundation of generating profits. Strong revenue generation allows companies to achieve scaling efficiencies, generate continuous shareholder value, and many other clear benefits.When it comes to top line strength, three companies – Uber Technologies (UBER) , Dream Finders Home (DFH) , and NVIDIA (NVDA) – have all grown their sales considerably over recent years.In addition, all three currently sport a favorable Zacks Rank, reflecting optimism among analysts. For ...