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Beazer Homes USA, Inc. (BZH)

  • Nov. 23, 2011, 1:42 PM
    Beazer Homes (BZH +2.1%) spikes higher after it's disclosed director and ex-CEO Brian Beazer bought 13K shares at prices at or near $2.03.
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  • Nov. 15, 2011, 10:50 AM
    Beazer Homes (BZH -2.9%) trades lower as top-line numbers beat FQ4 expectations on higher closings Y/Y, but operating EPS and core gross margins came in below Street estimates. Analysts are viewing Y/Y revenue gains in homebuilders with a sceptical eye, as results are skewed from slumping sales last summer following the expiration of the federal home buyer tax credit.
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  • Nov. 9, 2011, 9:00 AM
    Premarket gainers: YONG +13%. SODA +13%. KITD +10%. CTEL +5%. PANL +5%.
    Losers: ROVI -25%. MFB -21%. STEC -18%. HDY -15%. ING -13%. ADBE -10%. RBS -9%. FIO -9%. ALU -8%. HBC -8%. DB -8%. NCT -8%. BCS -8%. VE -8%. MT -8%. LYG -7%. GM -7%. STP -7%. BZH -7%. ERIC -7%. RDN -6%. TRGT -6%. RL -6%. UBS -6%. RCL -6%. G -5%. ASML -5%. FTE -5%. GRPN -5%. SI -5%. ARMH -5%. SI -5%. MS -5%. NBG -5%. TOT -5%. NOK -5%. RCH -5%. AKS -4%. TEF -4%.
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  • Oct. 17, 2011, 10:53 AM
    Homebuilders could face negative rating actions in the coming months, Fitch Ratings says, as "home prices likely [will] remain soft over at least the next few quarters." The pressures have already prompted recent Fitch downgrades of Beazer (BZH -2.2%), KB Home (KBH -4.8%) and Pulte (PHM -6.8%). Also: TOL -3.3%, DHI -4.5%, LEN -3.7%.
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  • Oct. 13, 2011, 2:15 PM
    Shares of Beazer Homes (BZH +6.5%) surge after the homebuilder releases strong preliminary Q4 data: orders jumped 33%, home closings rose 23%, and backlog of homes under contract soared 88% Y/Y, perhaps suggesting improvement in the housing market. Shares of rivals aren't helped: DRI -2.9%, LEN -2.2%.
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  • Oct. 7, 2011, 9:01 AM
    KB Home (KBH), Beazer Homes (BZH) and Toll Brothers (TOL) settle a court fight with their partner in a Las Vegas development that may make it easier for the $1.2B project to exit bankruptcy. KBH +2.7%, BZH +7.8% premarket.
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  • Sep. 12, 2011, 4:04 PM
    Fitch Ratings cut its ratings on a host of home builders further down into junk territory on liquidity issues and weak demand. Slashed: BZH, KBH, RYL,USG. Spared: MDC, TOL.
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  • Aug. 15, 2011, 3:31 PM
    Though the NAHB Housing Market Index was merely in-line with expectations, homebuilders are outperforming the market today, with highly beaten-down names such as Hovnanian (HOV +13.3%) and Beazer Homes (BZH +15.8%) performing especially well. DHI +3.8%. LEN +5.1%. TOL +3.5%. PHM +5.5%.
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  • Aug. 10, 2011, 5:31 PM
    Beazer Homes (BZH -11.4%) took a beating today - the biggest decliner in the homebuiling sector - after reporting a wider-than-expected FQ3 loss late yesterday. The company continues to struggle to contain costs and return to profitabilty in what seems to be an endlessly slumping housing market.
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  • Aug. 8, 2011, 11:21 AM
    Home building stocks are big losers today in the wake of S&P's downgrade, as a lower rating means higher borrowing costs for home buyers. Lennar (LEN -5.5%), PulteGroup (PHM -6%) Beazer Homes (BZH -7.4%), DR Horton (DHI -4%).
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  • Jun. 20, 2011, 1:20 PM
    Paul Dales says it may not be until 2014 before housing prices rise consistently. The problem is structural rather than cyclical, meaning even a stronger economy over the coming years may not help, and in any case, the economic situation is deteriorating.
  • Jun. 13, 2011, 10:48 AM
    Beazer Homes (BZH -1.6%) CFO Allan Merrill will take its top job as current CEO Ian McCarthy leaves the company, just three months after agreeing with regulators on $6.5M in givebacks of bonuses and stock sale proceeds. McCarthy got a Wells notice in late 2009 with investigators probing Beazer's accounting.
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  • May. 16, 2011, 5:20 PM
    David Tepper's Appaloosa Management lowers by about 1/3 its stake in Citibank (C) and Bank of America (BAC). The fund cut positions in other financials as well. New positions were started in several homebuilders, CVR energy (CVI) and Apple (AAPL). Full 13-F.
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  • May. 3, 2011, 8:39 AM
    Beazer (BZH) blames this morning's miss on last year's homebuyers tax credit, which it says adversely affected year-on-year comparisons. CEO Ian McCarthy is "hopeful" recent improvements in unemployment will be enough to draw homebuilding out of its years-long slump.
  • May. 3, 2011, 7:45 AM
    Beazer Homes (BZH): FQ2 EPS of -$0.74 misses by $0.25. Revenue of $127.5M (-33.8% Y/Y) misses by $21.5M. Shares -7.9% premarket. (PR)
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  • Apr. 4, 2011, 8:35 AM
    Looking for growth outside homebuilding, Beazer (BZH) is entering the property management business. Beazer says it will pick up distressed properties and rent them to consumers, "who have elected not to become homeowners, as well as those who may not fully qualify for mortgage financing."
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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.