BZH · NYSE · Residential Construction

Beazer Homes

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

$33.22
After-hours close0.00 (0.00%)
At close$33.22(0.00%)
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Profile

Beazer Homes USA, Inc.BZHConsumer 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

Key statistics

Market cap$908.0M
EPS (ttm)−$0.3023
P/E (ttm)−109.89
ROE-0.6%
P/B0.7678
P/S0.4362
Dividend yield
Beta1.23vs XLY 0.60

Year to date +64.0% · Average volume (30d) 741.0K

Analysts

Price target, next 12 months$41.00+23.4%Median of 21 analysts · vs the Aug 28 close
ConsensusHold7 of 21 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 10, 2026OppenheimerDowngradeOutperformPerform
Aug 7, 2026OppenheimerDowngradeOutperformPerform
Sep 17, 2024Zelman & AssocDowngradeNeutralUnderperform
Sep 5, 2024WedbushUpgradeNeutralOutperform$41$45

Earnings

EPS

Estimate$0.82
ReportedDue Nov 12, 2026

Revenue

Estimate$812.1M
ReportedDue Nov 12, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 7, 2026Q3 FY26−$0.36−$0.29+19.9%$510.6M$516.3M+1.1%−0.36%
Apr 30, 2026Q2 FY26−$0.72−$0.03+95.8%$448.8M$409.8M−8.7%−4.45%
Jan 29, 2026Q1 FY26−$0.49−$0.90−83.7%$423.4M$363.5M−14.1%−10.90%
Nov 13, 2025Q4 FY25$0.80$1.07+34.1%$674.8M$791.9M+17.4%+2.10%
View details

Financial highlights

12 quartersQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$565.3M$545.4M$791.9M$363.5M$409.8M$516.3M
Gross profit$86.5M$82.9M$106.9M$37.2M$46.3M$66.1M
Operating income$13.4M−$3.7M$24.8M−$31.8M−$19.0M−$11.4M
Net income$12.8M−$324.0K$30.0M−$32.6M−$904.0K−$4.2M
Diluted EPS$0.42−$0.01$1.02−$1.13−$0.03−$0.16
Gross margin15.3%15.2%13.5%10.2%11.3%12.8%
Operating margin2.4%-0.7%3.1%-8.8%-4.6%-2.2%

Fiscal years (4-quarter sums)FY21 $2.14B · FY22 $2.32B · FY23 $2.21B · FY24 $2.33B · FY25 $2.37B

Revenue by product · Q3 FY26

Home Building$490.9M · 95%
Land And Other$25.4M · 5%

Revenue by geography · Q3 FY26

West Segment$287.3M · 56%
East Segment$121.5M · 24%
Southeast Segment$107.4M · 21%

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

Dividends

No dividends on record.

Ownership

Institutions 96.22%Insiders 7.58%

Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.

Shares outstanding 27.33M · Float 24.29M · 88.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.2.85M10.41%13FAug 7, 2026
Donald Smith & Co., Inc.2.81M10.30%13FAug 11, 2026
Capital World Investors1.71M6.24%13FAug 12, 2026
Allan P. Merrill1.57M5.30%13DNov 24, 2025
Wealthspire Advisors, LLC1.12M4.09%13FAug 11, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • 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

CompareAfter-hours close

CompanyPriceChange
Beazer Homes$33.220.00%$908.0M43.30.4−5.3%
D.R. Horton$147.390.00%$41.23B14.113.11.2+0.0%
Lennar$86.50+0.19%$21.44B13.515.20.7−5.0%
PulteGroup$128.55+0.02%$24.81B13.212.01.5−9.6%
KB Home$54.96+0.18%$3.36B13.313.60.6−27.3%
Meritage Homes$71.02−0.14%$4.74B14.912.90.9−14.3%
M/I Homes$151.40−0.01%$3.83B12.711.30.9−8.5%
NVR$6,396.27−0.21%$17.27B16.616.61.8−10.6%
Median13.513.10.9−9.6%