Entering text into the input field will update the search result below

Homebuilders on the move as confidence surges to 11-year high

Dec. 15, 2016 11:18 AM ETHovnanian Enterprises, Inc. (HOV) StockKBH, TOL, PHM, HOV, DHI, LEN, XHB, BZH, ITB, MDCBy: Carl Surran, SA News Editor7 Comments
  • Homebuilder stocks enjoy healthy gains after the NAHB sentiment index rose to its highest level since July 2005, with its six-month sales outlook also jumping to an 11-year high.
  • Despite rising mortgage rates, the post-election bounce in builder sentiment is consistent with other data showing U.S. industries are optimistic that Pres.-elect Trump will make it easier for companies to do business.
  • In today's trade: HOV +3.8%, KBH +2.5%, BZH +2.3%, TOL +2.1%, MDC +2.1%, PHM +1.4%, DHI +1.4%, LEN +1.2%.
  • ETFs: XHB, ITB

Recommended For You

About HOV Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
HOV--
Hovnanian Enterprises, Inc.