DR Horton (NYSE:DHI) is down 21% over the past month and even the big cap home builder Lennar is down more than 15% in just three weeks. The housing market has topped for now, as I told you two weeks ago. And its all about …
The Department of Heavy Industry (DHI) has asked the Finance Ministry to create a Rs 1,000-crore corpus to fund technology upgradation of the auto components industry to make it globally competitive, a senior ministry official said …
Analysts see this breakout as a sign that the stock is reversing higher after a multi-year bottoming process. DR Horton's chart versus the S&P 500 looks nearly identical to Lennar's, and analysts see a very similar breakout and reversing …
Despite the positive numbers, KB Home stock already trades at a generous valuation, and analysts see limited upside for the stock from its current price. KB Home reported third-quarter earnings per share of 51 cents on revenue of $1.14 …
That said, rising land and labor costs are a drag on the gross margin for KB Home as well as other homebuilders like Lennar Corp. LEN , D.R. Horton, Inc. DHI and PulteGroup, Inc. PHM. Labor shortages are leading to higher wages and …