BZH Stock Recent News

Beazer Homes (BZH) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $1.24 per share a year ago.

ATLANTA--(BUSINESS WIRE)-- #GetMoreWithBeazer--Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced its financial results for the three and nine months ended June 30, 2024. “Despite an affordability challenged new home sales environment and shifting consumer sentiment, we generated healthy results and continued to make progress towards our multi-year goals,” said Allan P. Merrill, the Company's Chairman and Chief Executive Officer. “Revenue growth and cost control led to $53.5 million in Adjusted EBI.

Strategic efforts to drive customer and long-term targets are set to drive Beazer Homes (BZH) amid housing challenges.

Large-cap stocks regularly capture headlines. These corporations have delivered exceptional returns for many years and are in popular indices like the S&P 500 and the Nasdaq Composite.

Beazer (BZH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Mortgage rates have ticked up this week, with the 30-year fixed rate sitting at 6.86%. Toggle AI chief market strategist RJ Assaly joins Market Domination to analyze the state of the housing market and where buying opportunities lie for investors.

Beazer Homes USA stock has surged 89.5% since July 2022, outperforming the S&P 500. Despite mixed financial performance, the company is showing improvements in closings, backlog, and net new orders. With the stock trading at a low valuation and potential catalysts on the horizon, an upgrade to a 'strong buy' is warranted.

Beazer Homes' financial performance has been resilient in a weak housing market, as the company continues to report higher margins than prior to the pandemic. Recent quarters have started to show stabilizing revenues, and BZH expects to see growth ahead. The company targets significant mid-term growth with the better-margin Ready Series homes.

Green Builder® Media is proud to partner with Beazer Homes—one of the nation's leading builders with respect to energy efficiency, innovation, and quality—on the company's next sustainable demonstration project, The VISION House Las Vegas. Green Builder® Media is proud to partner with Beazer Homes—one of the nation's leading builders with respect to energy efficiency, innovation, and quality—on the company's next sustainable demonstration project, The VISION House Las Vegas.

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