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

Homebuilders outperform as housing starts top expectations

Mar. 16, 2017 10:56 AM ETToll Brothers, Inc. (TOL) StockKBH, TOL, PHM, DHI, LEN, XHB, ITBBy: Stephen Alpher, SA News Editor3 Comments
  • February housing starts rose 3% from January to a seasonally adjusted annualized rate of 1.288M. Estimates were for 1.26M. While permits dipped 6% in February, they're still higher by more than 4% Y/Y.
  • Of note, however, was an unusually warm February, and one wonders what gains last month may be taken away by what's become a pretty harsh March.
  • The major averages are flat on the session, but the ITB is higher by 1.4%, and XHB 0.8%.
  • Toll Brothers (TOL +1.7%), KB Home (KBH +1.8%), Pulte (PHM +1.3%), D.R. Horton (DHI +1.2%), Lennar (LEN +1.1%)

Recommended For You

About TOL Stock

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

Related Stocks

SymbolLast Price% Chg
TOL--
Toll Brothers, Inc.