Beazer Homes USA, Inc. (NYSE:BZH) Expected to Post Q4 2024 Earnings of $1.87 Per Share

Beazer Homes USA, Inc. (NYSE:BZH) – Equities researchers at Wedbush increased their Q4 2024 earnings estimates for Beazer Homes USA in a research report issued to clients and investors on Thursday, May 2nd. Wedbush analyst J. Mccanless now expects that the construction company will post earnings per share of $1.87 for the quarter, up from their previous estimate of $1.80. Wedbush currently has a “Neutral” rating and a $33.00 target price on the stock. The consensus estimate for Beazer Homes USA’s current full-year earnings is $4.66 per share. Wedbush also issued estimates for Beazer Homes USA’s Q1 2025 earnings at $0.44 EPS.

Beazer Homes USA (NYSE:BZH) last issued its quarterly earnings results on Wednesday, May 1st. The construction company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.35. Beazer Homes USA had a return on equity of 13.97% and a net margin of 7.48%. The business had revenue of $541.50 million during the quarter, compared to the consensus estimate of $569.88 million. During the same period in the previous year, the business earned $1.13 EPS. The business’s quarterly revenue was down .4% on a year-over-year basis.

Separately, StockNews.com lowered shares of Beazer Homes USA from a “hold” rating to a “sell” rating in a report on Friday.

Beazer Homes USA Stock Up 2.6 %

BZH stock opened at $27.70 on Friday. The firm has a market cap of $873.94 million, a price-to-earnings ratio of 5.35 and a beta of 2.25. Beazer Homes USA has a 1-year low of $19.67 and a 1-year high of $35.93. The firm has a fifty day moving average price of $29.76 and a two-hundred day moving average price of $29.55. The company has a debt-to-equity ratio of 0.88, a current ratio of 13.50 and a quick ratio of 1.32.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BZH. DGS Capital Management LLC boosted its holdings in shares of Beazer Homes USA by 4.1% during the first quarter. DGS Capital Management LLC now owns 9,817 shares of the construction company’s stock valued at $322,000 after acquiring an additional 386 shares during the period. Capstone Investment Advisors LLC boosted its position in shares of Beazer Homes USA by 8.2% during the first quarter. Capstone Investment Advisors LLC now owns 7,071 shares of the construction company’s stock worth $232,000 after buying an additional 533 shares during the period. Barclays PLC boosted its position in shares of Beazer Homes USA by 1.7% during the third quarter. Barclays PLC now owns 33,188 shares of the construction company’s stock worth $827,000 after buying an additional 559 shares during the period. Swiss National Bank grew its holdings in Beazer Homes USA by 1.0% in the 3rd quarter. Swiss National Bank now owns 62,100 shares of the construction company’s stock worth $1,547,000 after buying an additional 600 shares in the last quarter. Finally, Jump Financial LLC increased its position in Beazer Homes USA by 1.6% in the 3rd quarter. Jump Financial LLC now owns 49,277 shares of the construction company’s stock valued at $1,227,000 after acquiring an additional 776 shares during the period. 85.65% of the stock is currently owned by institutional investors.

About Beazer Homes USA

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.