The housing market is feeling the squeeze as mortgage rates climb, deterring potential buyers and stalling the housing recovery. March's homebuilding data highlights this trend, with single-family homebuilding taking a hit.Permits for future construction and housing starts both fell short of expectations, reflecting the impact of rising mortgage rates on market activity. Builder hopes for lower interest rates have dimmed, complicating the outlook for the housing sector.Key TakeawaysAccording to Commerce Dep ...

NVR, Inc. (NVR) has been benefiting from improving demand amid low existing home inventory, prevailing economic conditions and interest rate woes.NVR, which engages in the construction and sale of single-family detached homes, townhomes and condominium buildings, banks on a disciplined business model and strong orders and backlog.Also, a focus on maximizing liquidity and minimizing risks is likely to help this Zacks Rank #1 (Strong Buy) company generate more returns for shareholders in the long term.Along w ...

D.R. Horton Inc. (DHI) is slated to report second-quarter fiscal 2024 (ended Mar 31, 2024) results on Apr 18, before the opening bell.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 2.1%, but revenues beat the same by 1.4%, respectively. Yet, earnings and revenues of this homebuilding company grew 2% and 6.5% from the year-ago reported figures.Markedly, D.R. Horton reported better-than-expected earnings in 19 of the last 20 quarters.The Trend in Estimate RevisionT ...

Key TakeawaysA number of homebuilders are set to report earnings this month, with D.R. Horton leading the way Thursday, giving investors a look at the state of the real estate market.JPMorgan analysts wrote in a note in March that D.R. Horton told them sales had been "healthy" so far in the quarter, with stable pricing and not much buildup in housing inventory.However, Wedbush Securities analysts recently downgraded several stocks in the homebuilding industry as it predicted seasonal declines in demand.Alon ...

Home builder stocks have the potential to become extremely valuable long-term investments. With mortgage rates projected to come down, a unique opportunity exists to capitalize on the housing market rebound. Right now, valuations in the home building sector look extremely attractive. That leaves room for a significant amount of upside potential for discerning investors. Additionally, there is a housing shortage across the United States, making these companies well-positioned to meet market demands. As inves ...

D.R. Horton (DHI) closed the most recent trading day at $158.37, moving +1.04% from the previous trading session. This change outpaced the S&P 500's 0.15% gain on the day. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.32%.Shares of the homebuilder have appreciated by 2.64% over the course of the past month, outperforming the Construction sector's gain of 2.38% and the S&P 500's gain of 1.65%.Investors will be eagerly watching for the performance of ...

The latest trading session saw D.R. Horton (DHI) ending at $157.82, denoting a +1.39% adjustment from its last day's close. This move outpaced the S&P 500's daily gain of 0.11%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq gained 0.23%.Prior to today's trading, shares of the homebuilder had gained 3% over the past month. This has outpaced the Construction sector's gain of 1.99% and the S&P 500's gain of 1.5% in that time.The investment community will be paying close attention to the earni ...

UKRAINE - 2023/10/25: In this photo illustration, PulteGroup logo is seen on a smartphone and on a ... [+] pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesOur theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has fared reasonably well this year, rising by about 16% year-to-date. This compares to the S&P 500, which has ...

The latest trading session saw D.R. Horton (DHI) ending at $161.82, denoting a +0.26% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.14%. Elsewhere, the Dow lost 0.77%, while the tech-heavy Nasdaq added 0.17%.The homebuilder's stock has climbed by 11.21% in the past month, exceeding the Construction sector's gain of 10.87% and the S&P 500's gain of 5.34%.The upcoming earnings release of D.R. Horton will be of great interest to investors. The company' ...

The scarcity of available existing homes for sale, coupled with a positive trend in mortgage rates and indications from the Federal Reserve suggesting a potential rate cut, indicates growing optimism in the homebuilding industry. In this environment, quality homebuilding stocks such as D.R. Horton (DHI) may provide a safe haven. DHI’s stability and strong fundamentals position it well to withstand challenges within the industry.D.R. Horton has been reaping the benefits of the abovementioned tailwind, along ...