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Stock impact report

Homebuilders Mixed as May New Home Sales Rise [TheStreet.com]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: TheStreet.com
Homebuilder stocks were mixed Tuesday, with the S&P Homebuilders ETF(XHBGet ReportThe ETF's rise Tuesday continued its climb from the more than seven-year low it reached in mid-March as the national coronavirus pandemic lockdown began.Since March 17, the day after it reached that low, the ETF is up nearly 52%.Among recent quotes in the homebuilders:KB HomeKBHLennarLENMDC HoldingsM/I HomesMHOBeazerBZHToll Brothers TOL was off 0.2% at $32.32.PulteGroup PHM shares were little changed at $35.05.D.R. Horton DHI was little changed at $56.43.Sample survey data showed that May sales of new single-family houses rose 16.6% from the previous month's revised rate of 580,000.The monthly report, which is published by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, states that it takes four months to establish a trend for new houses sold.Home resales didn't fare as well as new-home sales in May.Sales of existing homes fell 9.7% month-to-month to a seasonally adjusted Show less Read more
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