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With global market uncertainty surrounding the Delta variant of COVID-19, we saw 10-year Treasury yields drift lower and consequently mortgage rates followed suit," Chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 2.77% for the week ending Aug 5, down ...
Homebuilder Beazer Homes is trading at 5x EPS and has half its market cap in excess cash on its balance sheet. Interest rates are likely to remain low for long, aiding the housing market and preserving the earnings power of the company. The stock offers 60% upside if management ca...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The housing market is on fire . Source: Shutterstock This past Tuesday, the S&P CoreLogic Case-Shiller Home Price Index showed that U.S. home prices set another record in May, rising nearly 17% year-over-y...
30-year fixed-rate mortgage averaged 2.80% for the week ending July 29, up from 2.78% recorded in prior week and down from 2.99% averaged in same period a year ago, according to the Freddie Mac Primary Mortgage Survey. "Largely due t...
The following slide deck was published by PulteGroup, Inc. in conjunction with their 2021 Q2 earnings call. For further details see: PulteGroup, Inc. 2021 Q2 - Results - Earnings Call Presentation
PulteGroup (PHM) Q2 2021 Earnings Conference Call July 27, 2021 8:30 am ET Company Participants Ryan Marshall - President, Chief Executive Officer Bob O’Shaughnessy - Executive Vice President, Chief Financial Officer Jim Zeumer - Vice President, Investor Relations and Corporate Communi...
PulteGroup (PHM): Q2 Non-GAAP EPS of $1.72 misses by $0.01; GAAP EPS of $1.90 beats by $0.17.Revenue of $3.36B (+29.7% Y/Y) misses by $140M.Backlog value increased 70% to $9.8B vs. consensus of $9.40B; backlog increased 52% to 20,056 homes vs. consensus of 20,307...
Reported Net Income of $1.90 Per Share Adjusted Net Income of $1.72 Per Share Net New Orders Increased 28% to 8,322 Homes; Net New Order Value Increased 59% to $4.3 Billion Closings Increased 22% to 7,232 Homes Home Sale Revenues Increased 31% to $3.2...
Single-family home leasing company Invitation Homes (INVH) has signed an agreement to purchase ~7,500 new homes to be built by PulteGroup (PHM) over the next five years.The new homes will be designed and built specifically for this partnership. The two have already agreed on the construction ...
PulteGroup to Become Preferred Provider of New Homes for Invitation Homes PulteGroup, Inc. (NYSE: PHM), the nation’s third largest homebuilder, and Invitation Homes (NYSE: INVH), the nation's premier single-family home leasing company, announced today the formation of...
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Jim Ossowski, PulteGroup Senior Vice President, Finance, to Succeed O’Shaughnessy as CFO PulteGroup, Inc. (NYSE: PHM) announced today that Bob O’Shaughnessy, Executive Vice President and Chief Financial Officer, has notified the Company that he intends to retire at the end...
A look at the top 10 most actives in the United States Onconetix Inc. (ONCO) rose 113.3% to $0.3178 on volume of 162,323,665 shares NVIDIA Corporation (NVDA) rose 0.8% to $118.92 on volume of 44,858,282 shares Maxeon Solar Technologies Ltd. (MAXN) rose 8.5% to $0.2648 on volume of 43,008,...
Deep Creek at Jordanelle Ridge combines the beauty of outdoor living with the comfort of city conveniences Pulte Homes is thrilled to announce the pre-sale launch of Deep Creek at Jordanelle Ridge, marking its return to the Utah market after nearly two decades. This stunning new commu...