Hosuing Stocks: Lennar Corporation (NYSE:LEN), KB Home (NYSE:KBH), PulteGroup, Inc. (NYSE:PHM), Hovnanian Enterprises, Inc. (NYSE:HOV), M/I Homes Inc (NYSE:MHO)

Lennar Corporation (NYSE:LEN) said it agreed to buy 112 acres (45 hectares) from Union Pacific Corp. in the San Francisco Bay area city of Fremont, California, where the builder plans to construct 3,000 homes, said a person with knowledge of the deal. Lennar Corporation (NYSE:LEN) net profit margin is 8.70% and weekly performance is 2.45%. On last trading day company shares ended up $41.84. Analysts mean target price for the company is $43.74. Lennar Corporation (NYSE:LEN) distance from 50-day simple moving average (SMA50) is 6.29%.

KB Home (NYSE:KBH) reported $0.12 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.03. The company had revenue of $450.70 million for the quarter, compared to the consensus estimate of $437.09 million. During the same quarter in the prior year, the company posted ($0.16) earnings per share. The company’s quarterly revenue was up 11.2% on a year-over-year basis. On average, analysts predict that KB Home will post $1.17 EPS for the current fiscal year. KB Home (NYSE:KBH) shares advanced 1.11% in last trading session and ended the day on $17.29. KBH Gross Margin is 17.70% and its return on assets is 1.60%. KB Home (NYSE:KBH) quarterly performance is -2.97%.

On 5 JUNE PulteGroup, Inc. (NYSE:PHM) reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.20 by $0.01. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was down 3.8% on a year-over-year basis. On average, analysts predict that PulteGroup will post $1.16 earnings per share for the current fiscal year. PulteGroup, Inc. (NYSE:PHM) shares moved up 0.50% in last trading session and was closed at $20.23, while trading in range of $20.05 – $20.47. PulteGroup, Inc. (NYSE:PHM) year to date (YTD) performance is -0.44%.

On 4 JUNE Hovnanian Enterprises, Inc. (NYSE:HOV) reported Q2 EPS of ($0.05), $0.08 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $449.9 million versus the consensus estimate of $476.72 million. Hovnanian Enterprises, Inc. (NYSE:HOV) ended the last trading day at $4.57. Company weekly volatility is calculated as 2.97% and price to cash ratio as 2.07. Hovnanian Enterprises, Inc. (NYSE:HOV) showed a negative weekly performance of -1.30%.

On 12 MAY M/I Homes Inc (NYSE:MHO) reported $0.23 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.09. The company had revenue of $234.84 million for the quarter, compared to the consensus estimate of $239.48 million. During the same quarter last year, the company posted $0.11 earnings per share. M/I Homes’s revenue was up 23.1% compared to the same quarter last year. On average, analysts predict that M/I Homes will post $1.48 earnings per share for the current fiscal year. M/I Homes Inc (NYSE:MHO) net profit margin is 14.30% and weekly performance is 6.61%. On last trading day company shares ended up $24.35. Analysts mean target price for the company is $26.17. M/I Homes Inc (NYSE:MHO) distance from 50-day simple moving average (SMA50) is 7.99%.