|Bid||25.92 x 1000|
|Ask||25.89 x 800|
|Day's Range||25.42 - 25.94|
|52 Week Range||16.82 - 28.34|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||9.77|
|Earnings Date||Jun 26, 2019 - Jul 1, 2019|
|Forward Dividend & Yield||0.10 (0.41%)|
|1y Target Est||25.07|
KB Home (KBH) today announced the grand opening of Countryside, its latest collection of new single-family homes in Ontario Ranch. At Countryside, KB Home will construct 52 one- and two-story homes and offer three distinct floor plans.
KB Home (KBH) today announced that Encantada Estates, its latest collection of new single-family homes, is now open in Buckeye. Surrounded by enchanting views of the White Tank and Sierra Estrella mountain ranges, Encantada Estates is convenient to State Route 85 and Interstate 10 for easy access to the Phoenix metropolitan area. At Encantada Estates, KB Home will construct 113 one- and two-story homes in seven distinct floor plans.
The board of directors of KB Home has declared a quarterly cash dividend of $.025 per share on the Company's common stock, payable on May 16, 2019 to stockholders of record on May 2, 2019.
KB Home (KBH) is pleased to announce that it has been named an ENERGY STAR Partner of the Year – Sustained Excellence Award Winner for the ninth consecutive year, an unprecedented achievement for a national homebuilder. KB Home, an ENERGY STAR partner since 2000, earned the honor by demonstrating continued superior leadership in energy-efficient home building and will be recognized today by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy in Washington, D.C.
“We expect the sector’s recent positive momentum to continue this earnings season,” says a J.P. Morgan analyst.
KB Home NYSE:KBHView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for KBH with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding KBH are favorable with net inflows of $72.33 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. KBH credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! KB Home (NYSE:KBH), which is in the consumer durables business, and is based in United States...
KB Home (KBH) today announced the grand opening of Preservation Pointe, its latest collection of new single-family homes in Davenport. Preservation Pointe is convenient to Ronald Reagan Parkway, Interstate 4, Highway 417 and Highway 429 for easy commutes throughout the greater Orlando area. At Preservation Pointe, KB Home will construct one- and two-story homes in eight distinct floor plans.
U.S. equities are rallying higher on Monday thanks to strong economic data out of China, raising hopes that the drag from the U.S.-China trade standoff is abating. Both the official and the Caixin manufacturing PMI moved back into expansion territory for March. This overshadowed some disappointment in the latest U.S. retail sales numbers.The primary motivating factor for the stock market remains a fear of missing out, or FOMO, as the Federal Reserve's dovish turn in January continues to underpin equity prices. Also helping is the conclusion of the Trump-Russia Special Council investigation, raising the specter of new spending on infrastructure -- something President Trump is already discussing.As a result, the major averages are bouncing nicely off of critical support levels and threatening to break up and out of their post-October trading ranges. While extended large-cap issues like Microsoft (NASDAQ:MSFT) get all the attention, a number of cheap small-cap stocks are showing signs of life.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Tech Stocks That Transformed Their Business Here are five small-cap stocks to buy: Caesars Entertainment (CZR) Click to EnlargeShares of casino and resort operator Caesars Entertainment (NASDAQ:CZR) are once again making a run at its 200-day moving average, a level that has constrained the stock since last summer. Management has been battling with activist investor Carl Icahn, but have recently come to an agreement on director appointments and nominations in exchange for limiting his position to 28% of the float. Coverage was recently resumed with an Outperform rating at Credit Suisse.The company will next report results on May 23. Analysts are looking for a loss of 16 cents per share on revenues of $2.1 billion. When the company last reported on Feb. 21, earnings of 25 cents per share beat estimates by 36 cents on an 11.3% rise in revenues. Redfin (RDFN) Click to EnlargeShares of home selling and listing service Redfin (NASDAQ:RDFN), which aims to put downward pressure on real estate brokerage fees (the subject of a possible class action lawsuit, it should be noted), are perking up lately. As we head into the peak summer buying season, and with long-term interest rates moving lower, there's hope that the housing market can catch another leg higher despite affordability issues. * 7 Emerging Market Stocks to Buy as Certainty Around U.S. Stocks Dwindles The company will next report results on May 9 after the close. Analysts are looking for a loss of 75 cents per share on revenues of nearly $104 million. When the company last reported on Feb. 14, a loss of 14 cents per share missed estimates by 19 cents on a 29.5% rise in revenues. American Eagle Outfitters (AEO) Click to EnlargeShares of American Eagle Outfitters (NYSE:AEO) are peaking their head above its 200-day moving average for the first time since early November, further retracing a near 50% decline from the highs set last summer. Investors are excited about a plan to expand into Europe, with the first stores expected to open in Ireland this summer.The company will next report results on June 5 after the close. Analysts are looking for earnings of 21 cents per share on revenues of $869.8 million. When the company last reported on March 6, earnings of 43 cents per share beat estimates by a penny on a 1.2% rise in revenues. KB Home (KBH) Click to EnlargeShares of KB Home (NYSE:KBH) are pushing up and away from their 200-day moving average, fully reversing the decline from the late September highs and setting the stage for a push back toward levels seen in early 2018 near the $40-a-share threshold. Management recently noted that order declines are slowing, suggesting that the housing market -- despite affordability headwinds -- is beginning to firm up. * 10 F-Rated Stocks to Sell in This Narrow Market The company will next report results on June 25 after the close. Analysts are looking for earnings of 40 cents per share on revenues of $997 million. When the company last reported on March 26, earnings of 31 cents per share beat estimates by 6 cents on a 6.9% drop in revenues. Century Aluminum (CENX) Click to EnlargeShares of Century Aluminum (NASDAQ:CENX) are looking ready to exit a seven-month consolidation range with a push back above its 50-day moving average -- potentially ending a long selloff that started over a year ago. With China's manufacturing activity perking up again, investors are looking for the demand for raw materials like industrial metals to perk up. Shares were recently upgraded to hold by analysts at Berenberg.The company will next report results on May 23 after the close. Analysts are looking for a loss of 78 cents per share on revenues of $508.65 million. When the company last reported on Feb. 21, a loss of 43 cents per share beat estimates by 10 cents on a 1% decline in revenue.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post 5 Cheap Small-Cap Stocks to Buy appeared first on InvestorPlace.
KB Home (KBH) today announced the grand opening of Sienna Grove, its latest collection of new single-family homes in the southside of Jacksonville. Sienna Grove is convenient to Interstates 95 and 295, J. Turner Butler Boulevard and downtown Jacksonville for easy access to area employers like Florida Blue®, Merrill Lynch® and St. Vincent’s Medical Center Southside. At Sienna Grove, KB Home will construct 21 one- and two-story homes and offer eight distinct floor plans.
Falling mortgage rates could boost home builders, but the S&P 500 is in a consolidation as traders price in Fed rate cuts by year end.
All markets witness cycles of booms and busts. Right now though, housing market investors are being offered both at the same time. And there is an opportunity to build profits from these investment contradictions in PulteGroup (NYSE:PHM) and Zillow (NASDAQ:Z) by purchasing PHM stock and Z shares as a bullishly-hedged pairs play. Let me explain.Source: Shutterstock Housing stocks like PHM stock and Z stock are at the intersection of Main and Wall Street for investors. The fact is all of us need a roof over our heads. And with interest rates remaining at historically low levels, a U.S. economy still growing and a favorable, building millennial demographic -- supports for PHM stock and Z stock are in place. That's not to say there aren't risks for PulteGroup or Zillow. The economy, interest-rate policy, demographics and many other factors like wage growth, building costs and housing prices are always potentially challenged by less-helpful revisions which could impact PHM stock and Z shares.Nevertheless, off the price chart Wednesday was a good one for the housing market. Quarterly reports from homebuilders Lennar (NYSE:LEN) and KB Home (NYSE:KBH) offered up better-than-expected results and upbeat forecasts following a bit of weakness this past year. And on the price chart, the outlook for investors looks even more supportive using a hedged pairs play buying PHM stock's market-leading boom, alongside the current mini-bust, crisis in confidence in Z stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Housing Stock Pairs Buy 1: PHM StockHousing's intersections of Main and Wall Street is one thing for investors to think about. But on the price chart of PHM stock it's all about taking bullish action as intersecting or converging Fibonacci and trend-lines are setting up a big-time breakout!Wednesday's session saw shares of PulteGroup power higher and forge an initial breakout of a few layers of price intersecting resistance lines. By my count and looking at the daily chart of PHM stock, a move through $29.25 will complete the bulldozing of technical barriers. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos But I don't think investors need to wait on buying PHM for additional confirmation. As part of a pairs strategy, Wednesday's strong technical action looks promising enough to buy PHM stock today. Click to EnlargeI'd suggest an initial stop beneath the 200-day simple moving average in order to contain the long position's exposure off and on the price chart. But if all goes as planned, continued leadership and price momentum should find PHM rallying back towards its all-time-high of $34.59. Housing Stock Pairs Buy 2: Z StockUnlike PHM stock which is seeing a technical boom in its shares, right now Z stock is building a foundation of sorts after being torn-down the past few weeks from relative highs. My advice is to use this housing stock's relative weakness to your advantage and buy Zillow shares today.Much like PulteGroup's shares, there's sufficient technical evidence for purchasing Z stock. In this instance though, investors are buying a well-supported mini crisis in confidence in Zillow. Despite Wall Street's current jitters in Z stock, shares are in a solid testing position of bullish channel support, the 50% retracement level and last month's bullish earnings gap.For investors agreeable with this pairs strategy and buying Z stock to complete the package, I'd recommend an initial stop below $34.50. Similar to PHM stock this minimizes one's dollar and technical exposure without letting an opportunistic pullback turn uglier.And if all goes well and much like PulteGroup, a boom in Z stock prices off support inspired investor FOMO seems very reasonable and looks very profitable. Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Bond Funds to Buy for a Shift in Interest Rates * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains Compare Brokers The post Play the Housing Market Cycle With PHM Stock and Z Stock appeared first on InvestorPlace.
U.S. stocks eased on Wednesday as Treasury bond yields fell again and a prolonged inversion in the yield curve fanned fears of a U.S. economic slowdown. Benchmark 10-year Treasury yields slid, but came off 15-month lows reached overnight, as investors remained focused on central bank dovishness globally. The yield curve inverted for the first time since 2007 on Friday and, if the inversion persists, some experts say it could indicate a recession is likely in one to two years.
At first glance, February's 8.7-percent drop in housing starts looks "truly pathetic," but it actually represents a "natural decline," according to CNBC's Jim Cramer. What Happened ...
The initial picture of the two recent earnings reports favored KB Home, given it was able to beat profitability estimates while Lennar was not. Lennar is slightly cheaper still, marking an 8.7 P/E ratio against KB Home's 9.1.
Lennar stock and KB Home stock were both higher, despite reporting a mixed bag of first-quarter earnings.
While KB Home had a slight drop in orders, they were also better than expected. “The takeaway is things are better than feared,” Bloomberg Intelligence analyst Drew Reading said in a phone interview. Lennar rose 4.9 percent to $52.15 at 12:51 p.m. New York time.
The heat emanating from the homebuilding sector could certainly be helpful to investors in home improvement stocks as well. are both rocketing upward on Wednesday after forecasting strong demand for homes to continue into the second half of the year. The run for both stocks builds on over 20% surges in both stocks to kick off 2019. "Mortgage rates go up, people buy fewer homes.
Danielle Hale, Realtor.com Chief Economist, says “the first week of April is the best week to list” because “you’ll get a good price, but you’ll also get a lot of eyeballs and you’ll be less likely to have to lower your price to attract buyers.” Yahoo Finance’s Alexis Christoforous speaks to her.