Keep an eye on the homebuilding sector today amid a number of downgrades from two separate sell-side teams. KB Home ( KBH ) suffers a two-notch downgrade to Underperform from Bank of America, which also cuts Meritage Homes ( MTH ) to
miss and slowdown in closings (HOV now down 6.6% ): NVR ( NVR -1.5% ), D.R. Horton ( DHI -1.1% ), KB Home ( KBH -1.8% ), Pulte ( PHM -0.8% ), Ryland ( RYL -1.5% ), Toll Bros. ( TOL -0.3% ), Lennar ( LEN -1
four homebuilders who managed to pay a dividend through the recent industry downturn (M.D.C. Holdings, Ryland, and KB Home are the others). Also, we like that the firm has largely stayed true to its core competency of building customizable
James downgrades Lennar ( LEN ) and KB Home ( KBH ) after lower rates and strong Q4 ..... Outperform, but no longer a Strong Buy. KB Home is cut to Underperform from Market ..... from Outperform. LEN -0.6% , KBH -1.5% , JOE -1% premarket In
rising median asking prices, and ongoing sales demand in those geographies gave me a reasonable security that a rise in KB Home ( KBH ), Standard Pacific ( SPF ), Brookfield Residential ( BRP ), Lennar ( LEN ), Toll Brothers ( TOL ), and Hovnanian
Taylor Morrison ( TMHC +0.2% ), M.D.C. Holdings ( MDC +1.2% ), Standard Pacific ( SPF +1.4% ), KB Home ( KBH +3.3% ), Hovanian ( HOV +0.8% ), Toll Brothers ( TOL +0.9% ) Post your comment!
says Chairman Don Horton. XHB +1.6% , ITB +3% Toll Brothers ( TOL +3.2% ), Lennar ( LEN +4.3% ), KB Home ( KBH +3.8% ), Hovnanian ( HOV +3.3% ), Ryland ( RYL +3.2% ), Standard Pacific ( SPF +3.2% ), Comstock
upping Mertiage Homes ( MTH -1.5% ) to an Overweight and cutting KB Home ( KBH -4.7% ) to Underweight. On a year-over-year basis, Meritage is up 6.2%, about 1,300 basis points better than KB Home . Post your comment!
portfolio. Large publicly traded housing companies such as Toll Brothers Inc. (TOL), Lennar Corp. (LEN) and KB Home ( KBH ) are up. But local, private companies build most residential houses, so how can individual investors cash in on
than 400 stocks across a variety of sectors (it even owns a few of the homebuilders, such as Toll Brothers TOL and KB Home KBH ), and it's the cheapest ETF in its category with an 0.11% expense ratio. Rally Weary? In the overvalued end