Homebuilder Stocks Ended Higher (PHM, BZH, DHI)

PulteGroup, Inc. (NYSE:PHM) added 1.94% to $7.90. Last week, the company reported a third-quarter loss of $995 million, or $2.63 per share, compared with a year-ago loss of $361 million, or $1.15 per share.

On an adjusted basis, Pulte posted a loss of 3 cents a share, beating analysts' estimates of a loss of 5 cents, according to Thomson Reuters.

The stock went down more than 21% year-to-date.

Beazer Homes USA, Inc. (NYSE:BZH) surged 2.63% to $4.69. The company said last week that it swung to a fiscal fourth-quarter net loss of $59.4 million, or 81 cents a share, from a profit of $33.8 million, or 84 cents a share, a year earlier. Revenue for the quarter fell 25% to $274.8 million. The loss from continuing operations was $57.4 million, or 78 cents a share, which included a non-cash pretax charge of $26.5 million for inventory impairments.

Analysts polled by FactSet Research had expected a loss of 48 cents a share on revenue of $244.5 million. Total home closings in the quarter fell 30% to 1,189 and new home orders dropped 20% to 810.

Over the past 52-week, the stock had traded within the range of $3.10-$7.08. At today`s closing market price, the market capitalization of the company stood at $354.93 million.

D.R. Horton, Inc. (NYSE:DHI) went up 2.55% and closed at $12.05. The company is scheduled to report its fourth quarter earnings on 12 Nov.

Over the past 52-week, the stock had traded within the range of $9.41-$15.44.