iShares U.S. Home Construction ETF (ITB)
After hours:
| Previous Close | 102.93 |
| Open | 105.53 |
| Bid | 103.23 x 900 |
| Ask | 103.40 x 900 |
| Day's Range | 102.92 - 105.53 |
| 52 Week Range | 71.22 - 116.34 |
| Volume | |
| Avg. Volume | 2,000,675 |
| Net Assets | 3.34B |
| NAV | 102.95 |
| PE Ratio (TTM) | 11.44 |
| Yield | 0.43% |
| YTD Daily Total Return | 1.31% |
| Beta (5Y Monthly) | 1.53 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2006-05-01 |
- Yahoo Finance Video
Homebuilder stocks close lower on weak housing starts data
Homebuilder stocks such as D.R. Horton (DHI), Toll Brothers (TOL), and Lennar (LEN) closed lower after disappointing housing starts data. Yahoo Finance's Dani Romero discusses the data and what investors can expect from homebuilder earnings this quarter. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Yahoo FinanceToll Brothers' stock is having a good year. The reason lies in who buys its homes.
The homebuilder's luxury positioning in the market is a major advantage amid rate cut uncertainty.
- Yahoo Finance Video
Mortgage rates may provide a boost to housing stocks in 2024
As mortgage rates soften, 2024 is expected to see a boost in housing demand, which could benefit housing-related stocks. Analyst Jake Gordon of Bespoke Investments believes housing equities trade in correlation with rates, with lower rates a boost for home stocks. Yahoo Finance's Dani Romero breaks down the details, providing insights into the dynamics. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
