|Bid||350.62 x 800|
|Ask||350.69 x 1000|
|Day's range||345.75 - 350.95|
|52-week range||246.59 - 350.95|
|Beta (5Y monthly)||1.02|
|PE ratio (TTM)||25.54|
|Earnings date||16 Nov 2021|
|Forward dividend & yield||6.60 (1.96%)|
|Ex-dividend date||01 Sept 2021|
|1y target est||345.34|
Lumber prices have been on a wild ride since the pandemic onset. Home improvement retail giants Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) sell a lot of lumber to professionals and do-it-yourselfers. Let's look at Home Depot and Lowe's and see if the recent lumber prices increase is good or bad news.
One of the interesting outcomes of the coronavirus pandemic is the surge in housing prices. According to the Federal Reserve Bank of St. Louis, home prices rose 19.7% in July from the same month last year. Home prices have been growing by double-digit percentages year over year since December 2020.
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