Housing Stocks: DR Horton Inc. (NYSE:DHI), PulteGroup (NYSE:PHM), Lennar (NYSE:LEN), KB Home (NYSE:KBH), Hovnanian Enterprises Inc. (NYSE:HOV)

D.R. Horton, Inc. (NYSE:DHI), on 26 January reported that net income for its first fiscal quarter ended December 31, 2014 increased 16% to $142.5 million, or $0.39 per diluted share, from $123.2 million, or $0.36 per diluted share in the same quarter of fiscal 2014. Homebuilding revenue for the first quarter of fiscal 2015 increased 38% to $2.3 billion from $1.6 billion in the same quarter of fiscal 2014. Homes closed in the quarter increased 29% to 7,973, compared to 6,188 homes in the prior year quarter. On Monday shares of DR Horton Inc. (NYSE:DHI) closed at $24.85. Company’s sales growth for last 5 years was 17.00% and EPS growth for next 5 years is recorded as 10.99%.

PulteGroup, Inc. (NYSE: PHM) announced on 29 January financial results for its fourth quarter ended December 31, 2014. For the quarter, PulteGroup reported net income of $217 million, or $0.58 per share. Net income for the period reflects $50 million, or $0.13 per share, of income tax expense. Prior year net income of $220 million, or $0.57 per share, reflects $12 million, or $0.03 per share, of income tax expense. PulteGroup, Inc. (NYSE:PHM) in last trading activity moved down -0.15% to close at $20.56. Company weekly performance is -3.06% while its quarterly performance stands at 8.04%. PulteGroup, Inc. (NYSE:PHM) is -11.68% away from its 52 week high.

Lennar Corporation (NYSE:LEN) cash dividend payment of $0.04 per share is scheduled to be paid on February 12, 2015. On last trading day Lennar Corp. (NYSE:LEN) moved down -0.60% to close at $44.64. Its volatility for the week is 3.01% while volatility for the month is 3.67%. LEN’s sales growth for past 5 years was 20.10% and its EPS growth for past 5 years was 25.70%. Lennar Corp. (NYSE:LEN) monthly performance is -0.29%.

KB Home (NYSE:KBH) recently unveiled a community in Aurora, CO called Ponderosa Ridge. Built in the Denver-area neighborhood, the Ponderosa Ridge community will offer easy access to retail destinations, employment centers and other recreational attractions. People opting for homes at the Ponderosa Ridge community can choose from two floor plans, namely The Reserve and The Estates. KB Home (NYSE:KBH) has 0.40% insider ownership while its institutional ownership stands at 99.90%. In last trading activity company’s stock closed at $12.38.

JMP Securities downgraded shares of Hovnanian Enterprises (NYSE:HOV) from a market perform rating to an underperform rating in a research note released on Tuesday morning, TheFlyOnTheWall.com reports. They currently have $3.00 target price on the stock, down from their previous target price of $4.00. On last trading day Hovnanian Enterprises Inc. (NYSE:HOV) moved down -2.03% to close at $3.37. Its volatility for the week is 3.39% while volatility for the month is 5.24%. HOV’s sales growth for past 5 years was 5.30% and its EPS growth for past 5 years was 17.10%. Hovnanian Enterprises Inc. (NYSE:HOV) monthly performance is -18.40%.

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