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

2 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 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BZH shares.
View BZH analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12-month price objectives for Beazer Homes USA's stock. Their BZH share price forecasts range from $20.00 to $22.00. On average, they predict the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price.
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Beazer Homes USA's stock was trading at $12.76 at the start of the year. Since then, BZH shares have increased by 63.2% and is now trading at $20.82.
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Beazer Homes USA saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 952,300 shares, a drop of 10.2% from the March 31st total of 1,060,000 shares. Based on an average daily trading volume, of 258,400 shares, the days-to-cover ratio is presently 3.7 days. Currently, 3.4% of the shares of the company are sold short.
View Beazer Homes USA's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our BZH earnings forecast.

Beazer Homes USA, Inc. (NYSE:BZH) issued its quarterly earnings data on Thursday, April, 27th. The construction company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.29. The construction company earned $543.91 million during the quarter, compared to analyst estimates of $519.91 million. Beazer Homes USA had a trailing twelve-month return on equity of 21.32% and a net margin of 8.54%. The firm's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 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), iShares U.S. Home Construction ETF (ITB), Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ),

Beazer Homes USA announced that its board has initiated a stock buyback plan on Wednesday, May 11th 2022, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 10% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

Beazer Homes USA issued an update on its FY 2023 earnings guidance on Friday, April, 28th. The company provided earnings per share (EPS) guidance of $4.00-$4.00 for the period, compared to the consensus earnings per share estimate of $3.61. 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.48%), Donald Smith & CO. Inc. (5.25%), Apollo Management Holdings L.P. (4.28%), Dimensional Fund Advisors LP (3.45%), Acadian Asset Management LLC (3.23%) and State Street Corp (2.29%). Insiders that own company stock include C Christian Winkle, Robert L Salomon and Robert L Salomon.
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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.
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One share of BZH stock can currently be purchased for approximately $20.82.

Beazer Homes USA (NYSE:BZH) has a market capitalization of $652.71 million and generates $2.32 billion in revenue each year. The construction company earns $220.70 million in net income (profit) each year or $6.51 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.