After hours:
| Previous Close | 165.41 |
| Open | 167.00 |
| Bid | 68.51 x 1000 |
| Ask | 274.01 x 1000 |
| Day's Range | 166.88 - 171.99 |
| 52 Week Range | 94.51 - 171.99 |
| Volume | |
| Avg. Volume | 44,254 |
| Market Cap | 50.372B |
| Beta (5Y Monthly) | 1.59 |
| PE Ratio (TTM) | 11.71 |
| EPS (TTM) | 14.67 |
| Earnings Date | Sep 12, 2024 - Sep 16, 2024 |
| Forward Dividend & Yield | 2.00 (1.16%) |
| Ex-Dividend Date | Jul 05, 2024 |
| 1y Target Est | N/A |
Insider Monkey20 Most Sprawling Cities in the US
In this article, we will be taking a look at the 20 most sprawling cities in the US. You can also skip our detailed analysis on impact of urban sprawl in the US and directly head to the 5 Most Sprawling Cities in the US. The Evolution and Impact of Urban Sprawl in the US: […]
- Yahoo Finance Video
How lower rates would affect new vs. existing home sales
Housing stocks are rising following Federal Reserve Chair Jerome Powell's dovish comments at the Jackson Hole Economic Symposium on Friday, which signaled interest rate cuts to come that could feed into mortgage rates. This comes alongside surprisingly strong new home sales data for the month of July. With the US housing market in need of relief, HousingWire lead analyst Logan Mohtashami joins Market Domination to discuss the potential impact of a rate cut on the housing market. Mohtashami distinguishes between two segments of the housing market: new homes from builders and existing homes sales. He explains that when rates fall, homebuilders can "sell homes like a commodity," while existing homes "do not have that ability." Existing homes are struggling to sell because the market hasn't seen mortgage rates under 6% for quite some time, Mohtashami explains. "I think the builders will always have a rate advantage until mortgage rates get well below 6% for the existing home market," Mohtashami tells Yahoo Finance. "If mortgage rates fell 2% and actually stayed lower below 6%, the existing home sales market could get some traction." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
The Wall Street JournalLess Is More at Builders FirstSource
Builders FirstSource a Texas-based company that supplies most everything needed for home construction, has gone on two separate shopping sprees. One has been snapping up smaller companies in and adjacent to its business—more than 60 deals in the past quarter-century. This month its board of directors authorized a new $1 billion buyback program equal to around 5% of its shares outstanding.
