BZH · NYSE · Residential Construction

Beazer Homes (BZH)

Builds new homes across regional U.S. communities with choice and energy-performance programs.

$33.36
vs last close0.00 (0.00%)
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Beazer Homes USA, Inc.BZH
Consumer Discretionary

Sells new single-family and attached homes through West, East, and Southeast regions, with buyer-facing programs for layouts, interior selections, lender comparison, and energy performance. The model is concentrated in U.S. housing markets and depends on affordability, mortgage rates, incentives, lot supply, and local builder competition.

Designs, constructs, markets, and sells new homes through West, East, and Southeast regions. The lineup includes single-family homes, attached formats, the active-adult Gatherings brand, Choice Plans layout options, Style Choice interiors, and Mortgage Choice lender comparison.

Focuses its consumer pitch on energy-efficient construction, air quality, quiet, solar readiness, and Zero Energy Ready homes. Beazer typically acts as general contractor, using independent subcontractors and suppliers under division supervision.

The business is concentrated in U.S. housing markets and depends on mortgage-rate affordability, sales incentives, gross-margin discipline, lot control, active-community execution, energy-credit treatment, and competition from local and national builders.

Company facts

CEOAllan P. Merrill
ListedFeb 23, 1994
ExchangeNYSE
HeadquartersAtlanta, GA
CountryUnited States
Employees1,018
CIK0000915840
ISINUS07556Q8814

Market cap$911.9M
EPS (ttm)−$0.3023
P/E (ttm)−110.35
ROE-0.6%
P/B0.7950
P/S0.4381
Dividend yieldDiv yield
Beta1.17vs XLY 0.57

Price target$41.00+22.9%Average of 21 analysts
ConsensusHold11 of 21 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 10, 2026OppenheimerDowngrade
Rating: Outperform
Rating: Perform
Aug 7, 2026OppenheimerDowngrade
Rating: Outperform
Rating: Perform

Next report
Nov 12, 26
in 51 days
EPS estimate
$0.82
Revenue estimate
$812.1M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Jan '25May '25Jul '25Nov '25Jan '26Apr '26Aug '26Nov '26
Reported$0.10$0.42$0.26$1.07−$0.90−$0.03−$0.29Pending
Estimate$0.31$0.26$0.42$0.80−$0.49−$0.72−$0.36$0.82
Surprise−67.7%+61.5%−38.1%+34.1%−83.7%+95.8%+19.9%

RevenueReportedEstimate

Jan '25May '25Jul '25Nov '25Jan '26Apr '26Aug '26Nov '26
Reported$469.0M$565.3M$545.4M$791.9M$363.5M$409.8M$516.3MPending
Estimate$464.9M$541.8M$674.8M$674.8M$423.4M$448.8M$510.6M$812.1M
Surprise+0.9%+4.3%−19.2%+17.4%−14.1%−8.7%+1.1%
Estimate$0.82
ReportedDue Nov 12, 2026
Estimate$812.1M
ReportedDue Nov 12, 2026
View details

Debt to equity125.20%
Current ratio1,464.10%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$806.2M$469.0M$565.3M$545.4M$791.9M$363.5M$409.8M$516.3M
Net income$52.1M$3.1M$12.8M−$324.0K$30.0M−$32.6M−$904.0K−$4.2M
Net margin6.5%0.7%2.3%0.0%3.8%0.0%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$58.2M$2.1M$13.4M−$3.7M$24.8M−$31.8M−$19.0M−$11.4M
YoY growth−6.1%−89.4%−62.9%Turned loss−57.4%Turned lossTurned lossLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $124.6M · Total debt $1.44B · Total assets $2.90B · Shareholders' equity $1.15B

Revenue
$516.3M
Operating income
−$11.4M
Net income
−$4.2M
View details

No dividends on record.

Institutions92.51%24.68M shares
202 holders · as of Jun 30, 2026
Insiders8.46%2.26M shares
13 holders · as of Aug 3, 2026
Adds to100.97%

26.68M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 100.97%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
10.67%2.85Mas of Jun 30, 2026
Donald Smith & Co., Inc.Institution
10.55%2.81Mas of Jun 30, 2026
Capital World InvestorsInstitution
6.40%1.71Mas of Jun 30, 2026
Allan P. MerrillInsiderdirector, officer: Chairman, President and CEO
5.89%1.57Mfiled Nov 24, 2025
Towle & Co.Institution
5.64%1.50Mfiled Feb 12, 2021

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • D.R. Horton

    Largest scale rival in affordable new-home communities

  • Lennar

    Scale builder across affordable, move-up, and active-adult homes

  • PulteGroup

    Broad brand portfolio spanning first-time, move-up, and 55+ buyers

  • KB Home

    Built-to-order rival for first-time, move-up, and active-adult buyers

  • Meritage Homes

    Entry-level and first move-up builder with energy-efficient focus

  • M/I Homes

    Regional builder with Texas, Florida, Carolinas, and Tennessee overlap

  • NVR

    East and Southeast rival through Ryan Homes, NVHomes, and Heartland

Compare

CompanyPriceChange
Beazer Homes$33.360.00%$911.9M43.40.4−5.3%
D.R. Horton$143.25+2.87%$38.95B13.312.91.2+0.0%
Lennar$82.31+5.41%$19.39B14.816.70.6−9.0%
PulteGroup$121.61+2.22%$22.96B12.211.51.4−9.6%
KB Home$48.58+1.50%$2.93B11.611.40.5−27.3%
Meritage Homes$65.84+2.32%$4.29B13.512.20.8−14.3%
M/I Homes$142.23+1.35%$3.55B11.810.90.8−8.5%
NVR$6,330.79+2.29%$16.71B16.116.41.8−10.6%
Median13.312.20.8−9.6%