Beazer Homes Usa Inc Stock Price, News & Analysis

Beazer Homes (NYSE: BZH) has announced its fiscal second quarter financial results release, scheduled for Thursday, May 1, 2025, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results for the quarter ended March 31, 2025.

Investors can access the conference call and accompanying slide presentation through the company's website at www.beazer.com under the 'Investor Relations' section. The call will also be available via telephone, with domestic callers using 800-475-0542 and international callers using 630-395-0227 (pass code: 8571348). A replay will be accessible until May 15, 2025, at 800-685-6061 for domestic calls and 203-369-3604 for international calls (pass code: 3740).

Beazer Homes organized a nationwide National Day of Service on March 14, engaging over 1,000 employees across 17 cities to support 50 local nonprofits. The initiative culminated in Rock 'n' Roll road races in Washington, D.C., raising more than $3 million for Fisher House Foundation, which provides free housing for military service members, veterans, and their families during medical care.

Led by CEO Allan Merrill, who has championed the Day of Service since 2017, employees volunteered at various organizations including Atlanta Community Food Bank, CHOC Foundation, HomeAid, and Phoenix Children's Hospital. The event showcased Beazer's commitment to community building, sustainability, and healthy living while engaging employees, partners, and suppliers in meaningful charitable work.

Beazer Homes USA (NYSE: BZH) announced an acceleration of its share repurchase program due to recent share price dislocation. Since January 30th, following Q1 2025 earnings report, the company has repurchased approximately $4.1 million of shares at an average price of $21.86, with $24.8 million still available under the authorized program.

Due to this acceleration, the company updated its debt reduction expectations, projecting its net debt to net capitalization ratio to be in the low 30% range by fiscal 2026 and mid-to-high 30% range by fiscal 2025. Despite this near-term moderation, BZH remains committed to reducing this ratio below 30% long-term.

The company also reaffirmed its other Multi-Year Goals, including reaching 200 active communities by fiscal 2026 end and achieving 100% Zero Energy Ready homes by calendar 2025 end.

Beazer Homes (NYSE: BZH) reported its Q1 FY2025 results with mixed performance. Net income decreased to $3.1 million ($0.10 per diluted share), down from $21.7 million in Q1 FY2024. Despite challenging market conditions, the company achieved 20.9% higher homebuilding revenue at $460.4 million, driven by a 22.1% increase in home closings to 907 units.

Net new orders increased 13.2% to 932, supported by a 17.8% higher average community count of 161. The company's backlog value stood at $816.0 million, representing 1,507 homes. Homebuilding gross margin decreased to 15.2%, down 470 basis points year-over-year.

The company maintains its focus on community count growth, targeting approximately 180 active communities by FY2025 end and 200 by FY2026. Additionally, 98% of Q1 home starts met Zero Energy Ready standards, with full compliance expected by December 2025.

Beazer Homes (NYSE: BZH) has announced it will release its fiscal first quarter financial results for the period ended December 31, 2024, on Thursday, January 30, 2025, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.

Investors can access the conference call via telephone at 800-475-0542 (international: 630-395-0227) using pass code '8571348'. The presentation will be available on the company's Investor Relations webpage. A replay will be accessible until February 13, 2025, at 866-363-1806 (international: 203-369-0194) with pass code '3740'.

Beazer Homes (NYSE: BZH) reported its Q4 and FY2024 results, with Q4 net income of $52.1 million ($1.69 per share) and full-year net income of $140.2 million ($4.53 per share). Q4 homebuilding revenue increased 22.1% to $783.8 million, driven by a 21.3% rise in home closings. The company ended FY2024 with 162 active communities, up 20.9% year-over-year. Despite higher mortgage rates, October sales grew over 30% versus prior year. Full-year highlights include $2.29 billion in homebuilding revenue (up 4.3%) and Adjusted EBITDA of $243.4 million (down 10.5%).

Beazer Homes (NYSE: BZH) has announced it will release its financial results for the fourth quarter and full year fiscal 2024, ended September 30, 2024, on Wednesday, November 13, 2024, after market close. The company will host a conference call at 5:00 PM ET the same day to discuss the results. Investors can access the call via telephone or view the presentation on Beazer's website. A replay will be available until November 22, 2024.

Today, Beazer Homes USA (NYSE: BZH) celebrates its 30th anniversary on the New York Stock Exchange by ringing The Opening Bell®. The company, known for its leadership in energy-efficient homebuilding, operates in 17 U.S. markets. Recently, Beazer was recognized by the DOE and EPA for its commitment to the Indoor AirPlus and Zero Energy Ready Home™ programs. Beazer received the 2024 Housing Innovation Award for its Hampton Hills community in Maryland and for certifying the most Zero Energy Ready Homes in the U.S. Additionally, Beazer earned the 2024 Indoor AirPlus Leader Award for promoting healthier indoor environments. CEO Allan Merrill praised the team’s efforts in achieving these milestones. Beazer Homes continues to build high-performance, energy-efficient homes across 13 states.

Beazer Homes USA (NYSE: BZH) is set to present at the 32nd Annual Deutsche Bank Leveraged Finance Conference in Scottsdale, AZ on September 25, 2024 at 8:40 am MST (11:40 am EDT). A live audio webcast and replay will be available on the company's website.

Beazer Homes is a major US homebuilder known for its Surprising Performance homes, which offer enhanced quality and comfort while saving homeowners money monthly. The company's unique features include:

• Choice Plans™ for personalizing primary living areas at no extra cost
• Mortgage Choice program allowing customers to compare loan options

Beazer operates in 13 states across the US, providing innovative home designs and financial flexibility to homebuyers.