Welcome to our dedicated page for Beazer Homes USA New news (Ticker: BZH), a resource for investors and traders seeking the latest updates and insights on Beazer Homes USA New stock.
Beazer Homes USA, Inc. (symbol: BZH), headquartered in Atlanta, is a prominent player in the U.S. residential construction market. With over 50 years of experience, Beazer Homes is one of the nation’s largest home builders, offering new homes for sale across the United States. The company specializes in the construction of single-family homes and multi-unit buildings, operating in over 13 states and more than 22 metropolitan areas, including key markets such as Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa.
Beazer Homes focuses on providing high-quality homes that meet and exceed Energy Star® requirements, appealing to a wide range of homebuyers with varying budgets. The company offers flexible mortgage plans and unique floorplans to ensure customization and satisfaction among first-time, move-up, and luxury homebuyers. The average selling price of a Beazer home is approximately $300,000.
Recent achievements include building over 130,000 homes in the last 12 years alone. Beazer Homes is committed to sustainability and energy efficiency, which not only saves energy but also reduces costs for homeowners. The company’s long-term business strategy is centered on maximizing return on invested capital while continuously enhancing the quality of its homes.
In addition to construction, Beazer Homes is involved in land purchasing and development to support future building projects. The company also provides mortgage services, making the home-buying process smoother for its customers. Since 1994, Beazer Homes has been listed on the New York Stock Exchange under the ticker symbol “BZH”.
Beazer Homes USA (NYSE: BZH) reported strong fiscal 2021 results, with net income more than doubling to $122.2 million ($4.01 per share) and adjusted EBITDA rising by 28.5% to $262.7 million. Homebuilding revenue reached $2.1 billion, up 0.5%, despite a 3.7% decline in home closings. The company anticipates earnings per share exceeding $5.00 in fiscal 2022, bolstered by a strong backlog valued at $1.28 billion and an active lot position of 21,987. However, net new orders fell by 11.6%, reflecting challenges in the housing market due to supply chain issues and affordability concerns.
Beazer Homes (NYSE: BZH) will announce its financial results for the quarter ending
Beazer Homes USA (BZH) reported strong financial results for Q3 and the nine months ended June 30, 2021. Net income surged to $37.1 million ($1.22 per share), more than doubling from $15.3 million ($0.51 per share) last year. Adjusted EBITDA increased by 45.9% to $78.8 million. Homebuilding revenue rose 6.5% to $566.9 million, reflecting a 5.5% increase in average selling price. Despite a 12.6% decline in net new orders to 1,199 homes, backlog value soared 53.1% to $1.35 billion. The company anticipates FY2021 EPS exceeding $3.25 and projects double-digit growth in FY2022.
Beazer Homes (NYSE: BZH) announced that it will release its financial results for the quarter ended June 30, 2021, on July 29, 2021, after market close. A conference call is scheduled for the same day at 5:00 PM ET, where management will discuss the results. Interested parties can access the call and accompanying slide presentation via the company's investor relations page. Beazer Homes emphasizes its commitment to providing high-quality homes with choices that save customers money on loans through their Mortgage Choice program.
Beazer Homes USA, Inc. (NYSE: BZH) reported strong financial results for the second quarter of 2021, showcasing a net income of $24.6 million, doubling from $10.6 million in Q2 2020. Homebuilding revenue reached $547.4 million, a 12.2% increase, with gross margin improving to 17.8%. Adjusted EBITDA rose 46.2% to $64.2 million. The company anticipates earnings per share for fiscal 2021 to exceed $3.00, supported by a 54.9% increase in backlog value. With continued operational strength and a focus on ESG initiatives, Beazer aims to enhance profitability and shareholder returns.
Beazer Homes (NYSE: BZH) plans to release its financial results for Q1 2021 on April 29, 2021, after market close. A conference call will be held at 5:00 PM ET on the same day, where management will discuss the results. Investors can access the call via telephone or the Company’s Investor Relations website. Beazer Homes, a leading homebuilder based in Atlanta, offers personalized home designs through its Choice Plans and a Mortgage Choice program to help customers compare loan options, enhancing affordability.
Beazer Homes (NYSE: BZH) will present at the J.P. Morgan Global High Yield & Leveraged Finance Virtual Conference on March 1 at 10:45 am ET. Headquartered in Atlanta, Beazer is among the largest homebuilders in the U.S. The company offers homes designed for quality and comfort, featuring its Choice Plans™ for personalization at no extra cost. Beazer also provides a Mortgage Choice program, allowing customers to compare loan options for better savings. Homes are built in various states, including Arizona, California, Florida, and Texas.
Beazer Homes USA, Inc. (NYSE: BZH) reported strong fiscal Q1 2021 results, with net income rising to $12 million from $2.8 million in the same period last year. Adjusted EBITDA increased by 48.5% to $43.6 million. Homebuilding revenue grew 1.6% to $424.2 million, driven by a 1.4% rise in average selling price and slight increase in home closings. Notably, backlog value surged 58.8% to $1.16 billion, reflecting a solid demand environment. The company's gross margin improved significantly, while liquidity remained strong at $494.6 million.
Beazer Homes (NYSE: BZH) announced the release of its financial results for Q1 2021, ending December 31, 2020, scheduled for January 28, 2021, after market close. Management will host a conference call at 5:00 PM ET to discuss these results. Investors can access the call by phone or via the Company’s Investor Relations page. Beazer Homes is a leading homebuilder based in Atlanta, known for its customizable homes and Mortgage Choice program, helping buyers compare loan options effectively.
FAQ
What is the current stock price of Beazer Homes USA New (BZH)?
What is the market cap of Beazer Homes USA New (BZH)?
What is Beazer Homes USA, Inc.?
Where is Beazer Homes USA, Inc. headquartered?
In which states does Beazer Homes operate?
What types of homes does Beazer Homes build?
What is the average selling price of a Beazer home?
Does Beazer Homes focus on energy efficiency?
How can homebuyers customize their Beazer homes?
What is Beazer Homes’ business strategy?
What additional services does Beazer Homes offer?
What is the ticker symbol for Beazer Homes on the NYSE?
