|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||50.12 - 50.91|
|52 Week Range||39.68 - 55.75|
|PE Ratio (TTM)||14.70|
|Dividend & Yield||0.16 (0.31%)|
|1y Target Est||N/A|
As the southern U.S. recovers from a brutal hurricane season, home improvement companies are seeing benefits, but homebuilders? Not so much, writes MKM Partners’ Megan McGrath. There’s the short-term focus on sales, including orders an closings), as well as more medium-term concerns, like labor shortages, commodity inflation, and pricing power to worry about.
Homebuilders are in the spotlight — in KB Home's case, for a neighborhood spat turned public — with a number of stocks building bases and more housing data on tap.
Builders will benefit from rebuilding and restoration projects due to Hurricanes Harvey and Irma.