Homeowners are sitting on a record $6 trillion in equity. Why aren’t they using it?

Rising interest rates are making lines of credit more expensive… and Americans may still be leery of cash-out refis

American homeowners have amassed a record $6 trillion in equity in their properties, a figure boosted by surging home prices and a trend of owners staying put longer. But rising interest rates and caution resulting from the housing troubles of a decade ago are limiting how much of that equity is getting tapped.

Equities Analysts Issue Forecasts for Kohl’s Co.’s Q1 2020 Earnings (NYSE:KSS)

Kohl’s Co. (NYSE:KSS) – Jefferies Financial Group decreased their Q1 2020 earnings estimates for shares of Kohl’s in a report issued on Tuesday, August 21st, according to Zacks Investment Research. Jefferies Financial Group analyst R. Konik now expects that the company will post earnings per share of $0.83 for the quarter, down from their previous estimate of $0.88. Jefferies Financial Group also issued estimates for Kohl’s’ Q3 2020 earnings at $1.32 EPS and Q4 2020 earnings at $2.86 EPS.

Imperial Capital Equities Analysts Reduce Earnings Estimates for Netflix, Inc. (NFLX)

Netflix, Inc. (NASDAQ:NFLX) – Imperial Capital reduced their FY2018 earnings per share estimates for Netflix in a research note issued on Thursday, August 23rd, Zacks Investment Research reports. Imperial Capital analyst D. Miller now expects that the Internet television network will post earnings of $2.68 per share for the year, down from their prior forecast of $2.71. Imperial Capital currently has a “Outperform” rating and a $494.00 price target on the stock. Imperial Capital also issued estimates for Netflix’s Q4 2018 earnings at $0.48 EPS, Q4 2019 earnings at $1.13 EPS and FY2019 earnings at $4.60 EPS.

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