News coverage about New Home Company Inc. (The) (NYSE:NWHM) has trended somewhat positive on Friday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. New Home Company Inc. (The) earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 43.1009548528615 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- New Home Company Inc. (The) (NWHM) Insider Sells $71,610.00 in Stock (americanbankingnews.com)
- Financial Contrast: Beazer Homes USA (BZH) and New Home Company Inc. (The) (NWHM) (americanbankingnews.com)
- Insider Selling: New Home Company Inc. (The) (NWHM) Insider Sells 3,304 Shares of Stock (americanbankingnews.com)
- Insider Selling: New Home Company Inc. (The) (NWHM) Insider Sells 2,052 Shares of Stock (americanbankingnews.com)
New Home Company Inc. (NWHM) opened at 11.35 on Friday. The company has a 50 day moving average price of $10.66 and a 200-day moving average price of $10.99. New Home Company Inc. has a 52 week low of $9.45 and a 52 week high of $12.55. The firm has a market capitalization of $236.93 million, a price-to-earnings ratio of 10.96 and a beta of 1.90.
New Home Company Inc. (The) (NYSE:NWHM) last released its quarterly earnings results on Friday, July 28th. The construction company reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.06. The business had revenue of $144.10 million during the quarter, compared to analysts’ expectations of $115.37 million. New Home Company Inc. (The) had a return on equity of 10.25% and a net margin of 2.82%. The firm’s revenue for the quarter was up 32.3% compared to the same quarter last year. During the same period last year, the firm posted $0.12 EPS. Equities analysts predict that New Home Company Inc. will post $0.94 earnings per share for the current year.
Separately, Zacks Investment Research lowered New Home Company Inc. (The) from a “hold” rating to a “sell” rating in a report on Saturday, September 16th.
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In related news, insider Lp Tcn/Tnhc sold 17,444 shares of New Home Company Inc. (The) stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $11.46, for a total transaction of $199,908.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph David Davis sold 6,200 shares of New Home Company Inc. (The) stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $11.55, for a total value of $71,610.00. Following the sale, the insider now directly owns 35,126 shares of the company’s stock, valued at $405,705.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,200 shares of company stock valued at $335,690. 24.20% of the stock is currently owned by insiders.
About New Home Company Inc. (The)
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.
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