Ferguson Enterprises Inc. (DI) (FERG)

Sector:

Support

13,240.00p
   
  • Change Today:
      60.00p
  • 52 Week High: 17,370.00
  • 52 Week Low: 11,670.00
  • Currency: UK Pounds
  • Shares Issued: 200.69m
  • Volume: 121
  • Market Cap: £26,571m
  • Beta: 0.00

US new home sales rise more quickly than anticipated in March

By Alexander Bueso

Date: Tuesday 23 Apr 2024

LONDON (ShareCast) - (Sharecast News) - New home sales in the U.S. jumped last month, rising at their strongest clip since September 2023.
According to the Department of Commerce, in seasonally adjusted terms new home sales jumped at a month-on-month pace of 8,8% to reach 693,000.

Economists had penciled-in 668,000.

That followed a downwards revision to the prior month's figure from 662,000 to 637,000.

The median sales price of a new home sold in March was $430,700, against $406,500 during the previous month.

The inventory of new homes available for sale fell from the equivalent of 8.8 months' worth to 8.3.

"It is encouraging that new home sales rose by such a large margin in March, despite mortgage rates hovering around 7% for most of the same month," said Thomas Ryan, property economist at Capital Economics.

"The upshot is we expect new home sales to reach 825,000 annualized by end-2026, higher than they were at any point post-GFC barring a brief pandemic spike."



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Wolseley Market Data

Currency UK Pounds
Share Price 13,240.00p
Change Today 60.00p
% Change 0.46 %
52 Week High 17,370.00
52 Week Low 11,670.00
Volume 121
Shares Issued 200.69m
Market Cap £26,571m
Beta 0.00

Wolseley Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
28.81% below the market average28.81% below the market average28.81% below the market average28.81% below the market average28.81% below the market average
27.84% below the sector average27.84% below the sector average27.84% below the sector average27.84% below the sector average27.84% below the sector average
Income Not Available
Growth Not Available

Wolseley Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 20-Jun-25 21-Mar-25
Paid 06-Aug-25 06-May-25
Amount 83.00¢ 83.00¢

Trades for 03-Jun-2025

Time Volume / Share Price
09:19 2 @ 13,198.00p
08:34 1 @ 13,240.00p
08:30 0 @ 13,240.00p
08:30 0 @ 13,240.00p
08:31 0 @ 13,240.00p

Wolseley Key Personnel

CEO Kevin Murphy
Chair Geoffrey Drabble

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