Search Results for: KBH
Credit Suisse has issued a new coverage rating systems for its homebuilder universe. These are some of the calls we saw in the sector: Centex (NYSE: CTX), DR Horton (NYSE: DHI), and KB Home...
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A second homebuilder has reported fourth quarter and full-year earnings that handily beat very low expectations. Lennar Corp. (NYSE: LEN) reported this morning that it had quarterly EPS of $0.17 on...
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Homebuilder KB Home (NYSE: KBH) posted a surprise EPS gain of $0.23 for its fourth quarter of 2010 ended in November. Analysts had expected an EPS loss of -$0.17. The company’s revenue fell by -33%...
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Source: ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with...
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Spring is traditionally the best season for new home builders. In 12 of the past 14 years, sales of new homes peaked in March or April. If 2011 is going to live up to some rosy expectations, then...
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Source: ThinkstockA disappointing report for new home sales in October sure took a bite out of the homebuilder stocks today. The Census Bureau showed a 0.3% decline to 368,000 on an annualized...
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Beazer Homes USA Inc. (NYSE: BZH) was weak earlier because of its proposed secondary offering that will add to dilution of shareholders. This morning the company’s secondary offering of...
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Sometimes logic can’t be used when trading economic data and stocks. The National Association Of Realtors report shows a drop of about 27% this morning for July’s existing home sales fell to a...
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Source: ThinkstockBy now you are likely well aware that the housing crisis is not just over. The housing market is undersupplied and many markets are experiencing huge booms in their pricing. Many...
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Despite a near-compulsive search for good news from the US housing market, nearly every story contains more than enough dismal news to outweigh whatever good news there is. Generally the news starts...
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Just last week the Mortgage Bankers Association, MBA, released its forecast for mortgage rates and numbers for the rest of 2010 and 2011. The association expect 30-year mortgages to fall through the...
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There are many stocks on the move on news for day traders and active traders this Friday morning. Stocks on the move are Boeing Co. (NYSE: BA), BP plc (NYSE: BP), Citigroup, Inc. (NYSE: C),...
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Analysts at Goldman Sachs Group Inc. (NYSE: GS) have had a revelation. The company has added homebuilder PulteGroup, Inc. (NYSE: PHM) to its ‘Conviction Buy’ list. The only possible explanation...
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This week is starting to look a bit different for housing and homebuilders and it is a serious matter in considering that the news of the world and the less recent housing data may be a bit too...
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