Seeking Alpha
 

Beazer Homes USA, Inc. (BZH)

- NYSE
Show Summaries  |  Hide Summaries
  • Jan. 29, 2013, 1:31 PM
    Beazer Homes (BZH +4.9%) moves up today in spite of posting a mixed FQ1 report earlier, beating on its bottom line but coming up slightly short on revenue expectations. Net profit actually swung to a loss as the home builder's year-ago results were boosted by a larger income-tax benefit, though total revenue grew by 31% in the latest period on a 20% jump in total home closings. Cancellation rates also came down to 26.4% from 35.1%, while new orders rose 29% to 932 homes.
    | Comment!
  • Jan. 28, 2013, 4:14 PM
    Beazer Homes (BZH): FQ1 EPS of -$0.78 beats by $0.22. Revenue of $246.9M (+31% Y/Y) misses by $13M. (PR)
    | Comment!
  • Jan. 11, 2013, 1:41 PM
    One homebuilder not benefiting from Merrill's upbeat take on the sector today is Beazer Homes (BZH -1.5%). JPMorgan downgraded the stock to Neutral prior to the open on valuation and concerns over relative order growth.
    | Comment!
  • Nov. 12, 2012, 12:45 PM
    Midday top 10 gainers: TIE +42%. STV +32%. MYRX +18%. CPSS +17%. PZZI +15%. SRPT +13%. EVI +13%. JEF +12%. GILD +12%. CXS +12%. Midday top 10 Losers: CLVS -33%. GALE -33%. STSI -23%. RECV -17%. BZH -15%. ET -14%. XIDE -13%. NKTR -12%. MEET -12%. IDN -11%.
    | Comment!
  • Nov. 12, 2012, 7:20 AM
    More on Beazer Homes (BZH) FQ4 earnings: New home orders +10.3% Y/Y. Average sales price +0.2% Y/Y. Backlog of 1,923 homes vs. 1,450 a year ago (total closings of 1.6K). Adjusted EBITDA of $15.1M vs. $8.9M a year ago. For the year, adjusted EBITDA swung to a gain of $21.8M vs. a $24.9M loss a year ago. (PR)
    | Comment!
  • Nov. 12, 2012, 6:35 AM
    Beazer (BZH): FQ4 EPS of -$2.57 misses by $1.35. Revenue of $370.9M (+10.7% Y/Y) beats by $35M. (PR)
    | Comment!
  • Nov. 12, 2012, 12:05 AM
    Notable earnings before Monday’s open: BZH, DHI
    | Comment!
  • Nov. 11, 2012, 5:30 PM
    Notable earnings before Monday’s open: BZH, DHI
    | Comment!
  • Oct. 11, 2012, 5:06 PM
    Beazer Homes (BZH) announces a 1-for-5 reverse split . In addition, the number of authorized shares will be reduced from 180M shares to 100M shares. Shares will begin trading on a split-adjusted basis on October 12.
    | 3 Comments
  • Sep. 19, 2012, 6:25 PM
    Home builders (XHB +1.8%) ranked among today's top gainers on surging single-family housing starts and existing home sales rising at the highest pace since the first-time homebuyer tax credit artificially sparked sales in mid-2010. But hold the champagne; a Harvard analyst still sees single-family starts rising only to ~1M, "not even half-way back to where we should be in terms of long-term trends."
    | Comment!
  • Sep. 10, 2012, 10:14 AM
    Barry Ritholtz picks apart Barron's housing bottom call (its 3rd since 2008), noting among other things the heralded drop in distressed home sales (and increase in prices) is the result of a year of banks abating foreclosures during robosigning settlement discussions. As for homebuilders, factors driving their stock gains are far different from what drive home prices.
    | 3 Comments
  • Sep. 8, 2012, 9:38 AM
    After a 72% Y/Y rise in the XHB, the housing recovery rates the cover at Barron's. "We're in the early stages," says Lennar (LEN) President Rick Beckwith. The industry could triple in size to 1.8M housing starts in the next 3-4 years, says Ivy Zelman, who thinks Lennar could earn $5.30/share in FY15 vs. $0.48 last year. A more speculative play is Beazer (BZH), which isn't yet profitable, but has eased short-term liquidity fears with recent capital raises.
    | 58 Comments
  • Sep. 7, 2012, 5:47 PM
    Beazer Homes (BZH) calls for a special meeting of stockholders, whereupon it intends to recommend a 1-for-5 reverse stock split. The meeting will be held at 10:00 a.m. EDT on Thursday, October 11, 2012 at it's Headquarters in Atlanta, Georgia.
    | Comment!
  • Aug. 22, 2012, 10:46 AM
    No bad news is good new for the homebuilders today, as the July Existing Home Sales report comes in largely as expected. Still, today's data shows that existing home sales are sharply underperforming the new home market, as seen in the contrast between today's small sales rise and last Thursday's 6.8% housing permits jump to a cycle-high 812k rate. TOL +4.7%, NVR +0.5%, DHI +5.1%, MDC +5.2%, LEN +4.9%, HOV +4,2%, RYL +4.8%, BZH +3.8%. ETFs: XHB +2%, ITB +2.8%.
    | Comment!
  • Aug. 6, 2012, 9:51 AM
    Credit Suisse ups Beazer Homes USA (BZH +1.7% to $2.37) to neutral from underperform and gives it a target price of $2.50. Credit Suisse says it expects rising sales and an improving margin to bring down Beazer's losses, although the broker also increased its prediction for the homebuilder's FY losses to $1.20 a share from $1.18.
    | Comment!
  • Aug. 3, 2012, 6:42 AM
    Beazer (BZH): FQ3 EPS of -$0.38 misses by $0.05. Revenue of $254.6M (+47.3% Y/Y) misses by $9M. (PR)
    | Comment!
Visit Seeking Alpha's
BZH vs. ETF Alternatives
Company Description
Beazer Homes USA Inc is a homebuilder with active operations in 16 states within three geographic regions in the United States: West, East, and Southeast. It designs, sells and builds single-family and multi-family homes.