|Bid||29.10 x 800|
|Ask||29.95 x 800|
|Day's Range||29.13 - 30.02|
|52 Week Range||9.82 - 40.51|
|Beta (5Y Monthly)||1.97|
|PE Ratio (TTM)||9.04|
|Earnings Date||Sep 23, 2020 - Sep 28, 2020|
|Forward Dividend & Yield||0.36 (1.23%)|
|Ex-Dividend Date||May 06, 2020|
|1y Target Est||34.64|
Pomerantz LLP is investigating claims on behalf of investors of KB Home (“KB Home” or the “Company”) (NYSE: KBH). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. The investigation concerns whether KB Home and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
The Census Bureau just reported that new home sales are up 12.7% from a year ago. Homebuilder Lennar reported a strong recovery in traffic and orders as well. Following the earnings release, KB Home stock fell about 12%.
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of KB Home ("KB Home" or "the Company") (NYSE: KBH). Investors who purchased KB Home securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/kbh.
The latest analyst coverage could presage a bad day for KB Home (NYSE:KBH), with the analysts making across-the-board...
I don't envy anyone trying to put together a model of these moments. So, you look for an intersection where you might be right no matter what.
KB Home shares plunged after weak revenue data triggered negative reactions about the homebuilder from analysts. Earnings were 55 cents a share in the latest quarter, beating analysts' forecast of 51 cents. Credit Suisse called the second-quarter results and outlook "unexpectedly weak."
Yahoo Finance’s Ines Ferre joins The First Trade to break down Darden Restaurant’s fourth-quarter earnings report and KB Home’s Q2 earnings report.
Low home deliveries & ASP hurt KB Home's (KBH) fiscal Q2 results. However, margins increase due to a mix shift of homes delivered & lower amortization of previously capitalized interest.
KB Home announces Ashmore at Gladden Farms is now open for sales in a premier Tucson-area master-planned community.
Following 6 weeks of lowering levels ahead of the economy reopening, we are starting to see nasty spikes in new cases from certain states.
KB Home (KBH) delivered earnings and revenue surprises of -3.51% and -14.84%, respectively, for the quarter ended May 2020. Do the numbers hold clues to what lies ahead for the stock?
KB Home shares dropped in the extended session Wednesday after the homebuilder reported a huge drop in housing orders because of the COVID-19 pandemic while turning in an earnings beat. KB Home shares fell 8% after hours, following a 2.2% decline in the regular session to close at $33.33. The company reported second-quarter net income of $52 million, or 55 cents a share, compared with $47.5 million, or 51 cents a share, in the year-ago period. Revenue declined to $914 million from $1.02 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 52 cents a share on revenue of $1.07 billion. Gross orders fell 4% in March, 59% in April, and 42% in May, as customers cancelled orders due to the pandemic, KB Home said. Easing of shelter-in-place restrictions, however, are resulting in an uptick, the company said, noting that gross orders for the first three weeks of June are up 4% from a year ago.
Both revenue and earnings per share were lower than expected in the latest quarter. The home builder said it suffered delays and cancellations as a result of the pandemic.
KB Home (NYSE: KBH) reported quarterly earnings of 55 cents per share on Wednesday, beating the analyst consensus estimate of 50 cents by a nickel.This is a 7.84% increase over earnings of 51 cents per share from the same period last year.The company reported quarterly sales of $914 million, missing the analyst consensus estimate of $1.07 billion by 14.58%. This is a 10.57% decrease over sales of $1.02 billion the same period last year.View more earnings on KBH"The prolonged stay-at-home public health orders, resulting economic shutdown and our conservative approach to navigating the uncertain environment significantly impacted our orders during the quarter," CEO Jeffrey Mezger said in a statement. "Following a low point in April, we are very encouraged by the resilience of housing market demand. This improvement has accelerated dramatically in the first three weeks of June during which time we have achieved a modestly positive year-over-year comparison, as orders have returned to more normalized levels."KB Home shares were down 5.04% at $31.65 in Wednesday's after-hours session. The stock has a 52-week high of $40.51 and a 52-week low of $9.82 per share.See more from Benzinga * Why Castor Maritime's Stock Is Trading Lower Today * Why Workhorse's Stock Is Trading Higher Today * Why Spirit AeroSystems Stock Is Trading Lower Today(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
KB Home (NYSE: KBH) today reported results for its second quarter ended May 31, 2020. The Company’s results were significantly impacted by the severe economic and social disruptions resulting from the COVID-19 pandemic and the extensive and restrictive public health measures implemented during the period to contain and combat the outbreak.
The U.S. housing market will be in focus again Wednesday when KB Home reports quarterly earnings and weekly mortgage applications data is released.
KB Home's (KBH) fiscal Q2 earnings are likely to have benefited from growth initiatives and higher demand, backed by low mortgage rates, amid coronavirus woes.
Investors will be monitoring the recent spike in coronavirus cases, the U.S. housing market and Nike earnings in the week ahead.