Beazer Homes USA (BZH) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Beazer Homes USA in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BZH shares.
View BZH analyst ratings or view top-rated stocks.

4 analysts have issued 12 month price targets for Beazer Homes USA's stock. Their BZH share price forecasts range from $32.00 to $38.00. On average, they anticipate the company's stock price to reach $35.33 in the next twelve months. This suggests a possible upside of 41.1% from the stock's current price.
View analysts price targets for BZH or view top-rated stocks among Wall Street analysts.

Beazer Homes USA's stock was trading at $12.76 at the beginning of 2023. Since then, BZH shares have increased by 96.3% and is now trading at $25.05.
View the best growth stocks for 2023 here.

Beazer Homes USA saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 1,030,000 shares, an increase of 29.9% from the July 31st total of 792,900 shares. Based on an average daily volume of 450,100 shares, the short-interest ratio is presently 2.3 days. Approximately 3.7% of the company's shares are short sold.
View Beazer Homes USA's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our BZH earnings forecast.

Beazer Homes USA, Inc. (NYSE:BZH) announced its earnings results on Thursday, July, 27th. The construction company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.54. The construction company earned $572.54 million during the quarter, compared to analysts' expectations of $512.26 million. Beazer Homes USA had a net margin of 7.94% and a trailing twelve-month return on equity of 18.66%. Beazer Homes USA's revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.76 EPS.

ETFs with the largest weight of Beazer Homes USA (NYSE:BZH) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS), iShares U.S. Home Construction ETF (ITB) and Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ).Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL).

Beazer Homes USA declared that its Board of Directors has authorized a stock repurchase program on Wednesday, May 11th 2022, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 10% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Beazer Homes USA issued an update on its FY 2023 earnings guidance on Friday, July, 28th. The company provided earnings per share (EPS) guidance of $4.60- for the period, compared to the consensus estimate of $4.01. The company issued revenue guidance of -.

119 employees have rated Beazer Homes USA Chief Executive Officer Allan P. Merrill on Glassdoor.com. Allan P. Merrill has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Beazer Homes USA investors own include Frontline (FRO), Rite Aid (RAD), Ford Motor (F), General Electric (GE), Drive Shack (DS), Micron Technology (MU), Bank of America (BAC), CEMIG (CIG), Huntington Bancshares (HBAN) and KB Home (KBH).

Beazer Homes USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "BZH."

Beazer Homes USA's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.98%), Donald Smith & CO. Inc. (5.30%), Dimensional Fund Advisors LP (3.41%), Acadian Asset Management LLC (2.93%), State Street Corp (1.95%) and Charles Schwab Investment Management Inc. (1.88%). Insiders that own company stock include C Christian Winkle, Robert L Salomon and Robert L Salomon.
View institutional ownership trends.

Shares of BZH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of BZH stock can currently be purchased for approximately $25.05.

Beazer Homes USA (NYSE:BZH) has a market capitalization of $785.07 million and generates $2.32 billion in revenue each year. The construction company earns $220.70 million in net income (profit) each year or $6.17 on an earnings per share basis.

The company employs 1,129 workers across the globe.

Beazer Homes USA's mailing address is 1000 ABERNATHY ROAD SUITE 260, ATLANTA GA, 30328. The official website for the company is www.beazer.com. The construction company can be reached via phone at (770) 829-3700, via email at investor.relations@beazer.com, or via fax at 770-481-2808.