Streetbeat News

BZH

Beazer Homes USA, Inc.

https://www.beazer.com

Industry

Residential Construction

Beazer Homes USA, Inc. operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Delaware, Maryland, Indiana, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina. Beazer Homes USA, Inc. was founded in 1985 and is headquartered in Atlanta, Georgia.

Open

31.38

Mkt cap

954M

Volume

199K

High

31.44

P/E Ratio

6.84

52-wk high

38.22

Low

30.26

Div yield

N/A

52-wk low

25.48

Beazer Homes USA has seen significant share price growth due to a housing shortage boosting demand, despite rising home prices. The company's revenue increased by 5.6% in 2024, although profits and cash flows declined due to rising costs. However, operating cash flow surged in the final quarter.

Portfolio Pulse from

November 27, 2024 | 6:30 pm

Beazer Homes is facing challenges due to high interest rates, lower buyer affordability, and increased construction costs, which may hinder its growth plans. Despite a revenue increase in fiscal 2024, rising costs have led to a drop in gross profit and operating income, straining cash flow. The company plans to expand its inventory and community developments, but lower backlog and higher cancellation rates pose risks.

Portfolio Pulse from

November 26, 2024 | 5:30 am

Beazer Homes reported better-than-expected earnings and revenues for its fiscal fourth quarter, driven by growth in home closings and an increase in average selling prices. This positive performance led to a rise in the company's stock price.

Portfolio Pulse from

November 14, 2024 | 6:30 pm

Cisco reported mixed Q1 results, while Beazer Homes exceeded expectations. This led to a mixed session in the market.

Portfolio Pulse from

November 14, 2024 | 2:45 pm

Beazer Homes USA, Inc. held its Q4 2024 earnings call, discussing financial results for the quarter and fiscal year ended September 30, 2024. Key participants included company executives and analysts from various firms.

Portfolio Pulse from

November 14, 2024 | 8:45 am

Beazer (BZH) reported its Q4 earnings for the quarter ended September 2024. The report provides insights into the company's performance, comparing key metrics to Wall Street estimates and the previous year's results.

Portfolio Pulse from

November 14, 2024 | 12:15 am

Beazer Homes (BZH) reported Q4 earnings of $1.69 per share, surpassing the Zacks Consensus Estimate of $1.36 per share, though slightly down from $1.80 per share a year ago.

Portfolio Pulse from

November 13, 2024 | 11:45 pm

Beazer Homes USA, Inc. reported strong financial results for the fourth quarter and full fiscal year 2024, with a significant increase in active communities contributing to revenue growth.

Portfolio Pulse from

November 13, 2024 | 9:30 pm

Beazer Homes is set to report its Q4 earnings, with strategies such as higher incentives and a focus on non-'Zero Energy Ready' spec homes potentially boosting performance despite inflation and high rates.

Portfolio Pulse from

November 11, 2024 | 4:45 pm

The article discusses Wall Street's estimates for Beazer Homes USA, Inc. (BZH) for the fourth quarter, focusing on key metrics to assess the company's performance for the quarter ended September 2024.

Portfolio Pulse from

November 08, 2024 | 3:30 pm

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