New Home (NWHM) Set to Announce Quarterly Earnings on Wednesday

New Home (NYSE:NWHM) is scheduled to announce its earnings results before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.64 per share for the quarter.

New Home (NYSE:NWHM) opened at $11.89 on Tuesday. The firm has a market capitalization of $245.30, a price-to-earnings ratio of 12.13 and a beta of 1.69. New Home has a 52-week low of $9.75 and a 52-week high of $13.55. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.16 and a quick ratio of 1.16.

In related news, insider Joseph David Davis sold 2,907 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $12.05, for a total transaction of $35,029.35. Following the completion of the transaction, the insider now directly owns 35,126 shares in the company, valued at $423,268.30. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Lp Tcn/Tnhc sold 71,384 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $11.37, for a total value of $811,636.08. The disclosure for this sale can be found here. Over the last quarter, insiders sold 419,514 shares of company stock valued at $5,126,709. 24.20% of the stock is owned by company insiders.

An institutional investor recently raised its position in New Home stock. State Street Corp raised its holdings in shares of New Home Company Inc (NYSE:NWHM) by 4.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 198,475 shares of the construction company’s stock after buying an additional 8,282 shares during the quarter. State Street Corp owned about 0.95% of New Home worth $2,276,000 as of its most recent filing with the Securities & Exchange Commission. 54.19% of the stock is owned by institutional investors.

Several equities analysts have recently weighed in on NWHM shares. ValuEngine upgraded New Home from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded New Home from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 2nd.

COPYRIGHT VIOLATION WARNING: This report was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & international trademark and copyright laws. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/13/new-home-nwhm-set-to-announce-quarterly-earnings-on-wednesday.html.

New Home Company Profile

The New Home Company Inc is a homebuilding company. The Company focuses on the design, construction and sale of consumer-driven homes in various metropolitan areas within certain markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area.

Earnings History for New Home (NYSE:NWHM)

Receive News & Ratings for New Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Home and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply