Breaking News

Over a week ago Show Full Stories X To view all stories in expanded form, please subscribe. Get Free Trial Send Info
KBH KB Home $25.20 -0.22 (-0.87%) 07:35 09/14/18 09/14 07:35 09/14/18 07:35 Recommendations	KB Home analyst commentary at MKM Partners » KB Home Q3 earnings may… KB Home Q3 earnings may miss, says MKM Partners. MKM Partners analyst Megan McGrath is keeping her Neutral rating and $36 price target on KB Home ahead of its earnings on September 25th, saying she expects EPS of 75c - below consensus 77c - to reflect the weak macro housing data over the summer. The analyst also forecasts a 5.7% order growth for the quarter with some downside risk as well as a 9% decline in community count and mid-teen absorption pace growth, adding that she will also monitor the company's gross margins and look for any insight into FY19 expectations. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	25 Sep
KBH KB Home $25.15 0.36 (1.45%) , GOOG Alphabet $1,186.48 -12.31 (-1.03%) … 08:12 09/06/18 09/06 08:12 09/06/18 08:12 Hot Stocks	KB Home enters Smart Home partnership with Google » KB Home (KBH) announced… KB Home (KBH) announced the launch of its KB Smart Home System featuring Google Assistant that leverages technology to help make daily living easier, more efficient and more enjoyable for new KB homeowners. The first-in-the-industry partnership with Google (GOOG, GOOGL) will be initially implemented at select KB Home communities, where customers can experience the convenience, advanced connectivity and integrated technology features of the KB Smart Home System. The KB Smart Home System will be included with new home sales at select communities, in Denver, Colorado; Las Vegas, Nevada; Jacksonville, Florida; and Orange County, California, and its components will also be available as options to KB homebuyers at the KB Home Design Studios in those markets. KB Home and Google are aiming to expand the availability of the KB Smart Home System to more KB Home communities across the country, based on consumer response. KBH KB Home $25.15 0.36 (1.45%) GOOG Alphabet $1,186.48 -12.31 (-1.03%) GOOGL Alphabet Class A $1,199.16 -14.56 (-1.20%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	06 Sep 06 Sep 18 Sep 20 Sep 28 Oct
MDC M.D.C. Holdings $32.04 -0.045 (-0.14%) , TOL Toll Brothers $37.08 -0.05 (-0.13%) … 12:30 08/29/18 08/29 12:30 08/29/18 12:30 Periodicals	Homebuilder stocks may signal trouble as group lags broader market, WSJ says » Despite consumer… Despite consumer confidence tracking close to 18-year highs, "strong corporate earnings and soaring retail sales," shares of home builders are struggling, "pointing to a potential trouble spot in an otherwise resilient U.S. economy," says the Wall Street Journal. "With the FOMC having elevated housing to a key downside risk to the U.S. economy... should continue to raise caution around the housing market, though current levels are still suggesting resilient growth," said Jon Hill, rates strategist at BMO Capital Markets, according to the WSJ report. Publicly traded companies in the space include Beazer Homes (BZH), CalAtlantic (CAA), D.R. Horton (DHI), Hovnanian (HOV), KB Home (KBH), Lennar (LEN), M.D.C. Holdings (MDC), PulteGroup (PHM) and Toll Brothers (TOL). Reference Link MDC M.D.C. Holdings $32.04 -0.045 (-0.14%) TOL Toll Brothers $37.08 -0.05 (-0.13%) HOV Hovnanian $1.54 0.015 (0.98%) DHI D.R. Horton $45.41 0.1 (0.22%) KBH KB Home $25.35 -0.03 (-0.12%) PHM PulteGroup $28.42 -0.015 (-0.05%) BZH Beazer Homes $12.91 -0.07 (-0.54%) LEN Lennar $52.88 0.27 (0.51%) CAA CalAtlantic $0.00 (0.00%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	30 Aug 06 Sep 10 Sep

Over a month ago
PHM PulteGroup $28.66 -0.13 (-0.45%) , DHI D.R. Horton $44.09 0.25 (0.57%) … 14:54 08/02/18 08/02 14:54 08/02/18 14:54 Hot Stocks	Home builder stocks struggle as mortgage rates rise » Home building stocks are… Home building stocks are struggling on Thursday after the 30-year fixed-rate mortgage drifted up for the second consecutive week to 4.60%. HOUSING MOMENTUM FALTERING: Existing-home sales ran at a 5.38M seasonally-adjusted annual rate in June, the National Association of Realtors said just over a week ago. This past June was the third consecutive month that existing home sales declined. Sales of newly-constructed homes fell 5.3% in June below a downwardly-revised May figure The median price of new homes sold during the month was down 4.2% from June of 2017. PRICE ACTION: Lennar Corporation (LEN) and KB Home (KBH) are down 1.43 and 1.8%, respectively, Toll Brothers, (TOL) is down 1%, while PulteGroup (PHM) is down fractionally: OTHERS: Other companies in the group include Meritage Homes (MTH) Beazer Homes (BZH). PHM PulteGroup $28.66 -0.13 (-0.45%) DHI D.R. Horton $44.09 0.25 (0.57%) LEN Lennar $50.93 -0.81 (-1.57%) KBH KB Home $23.46 -0.52 (-2.17%) MTH Meritage Homes $43.10 0.35 (0.82%) BZH Beazer Homes $12.87 0.04 (0.31%) TOL Toll Brothers $35.03 -0.28 (-0.79%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
MDC M.D.C. Holdings $29.04 0.43 (1.50%) , TOL Toll Brothers $35.40 0.23 (0.65%) … 13:23 07/31/18 07/31 13:23 07/31/18 13:23 Periodicals	New home construction hurt by lack of young workers, WSJ says » New housing construction… New housing construction in the U.S. is being pinched by a "disinterest in construction work" by workers who are 24 years old or younger, says the Wall Street Journal. "While there's no single reason why younger folks are losing interest in a job that is generally well-paid and doesn't require a college education, their indifference is exacerbating a labor shortage that has meant fewer homes being built and rising prices, possibly for years to come," says the WSJ. Publicly traded companies in the space include Beazer Homes (BZH), CalAtlantic (CAA), D.R. Horton (DHI), Hovnanian (HOV), KB Home (KBH), Lennar (LEN), M.D.C. Holdings (MDC), PulteGroup (PHM) and Toll Brothers (TOL). Reference Link MDC M.D.C. Holdings $29.04 0.43 (1.50%) TOL Toll Brothers $35.40 0.23 (0.65%) HOV Hovnanian $1.58 0.035 (2.27%) DHI D.R. Horton $43.97 0.29 (0.66%) KBH KB Home $23.74 0.36 (1.54%) PHM PulteGroup $28.69 0.56 (1.99%) BZH Beazer Homes $12.98 0.12 (0.93%) LEN Lennar $52.25 0.36 (0.69%) CAA CalAtlantic $0.00 (0.00%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	31 Jul 01 Aug 01 Aug

PHM PulteGroup $30.91 -0.02 (-0.06%) , DHI D.R. Horton $43.21 -0.02 (-0.05%) … 14:42 07/18/18 07/18 14:42 07/18/18 14:42 Hot Stocks	Homebuilders fall as housing starts crevice to nine-month low » Shares of U.S. home… Shares of U.S. home builders are lower on Wednesday after the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced new residential construction statistics for June 2018. Housing starts fell 12% to a seasonally adjusted annual rate of 1.173M units in June, "the lowest level since September 2017," the Commerce Department said. Building permits fell 2.2% to a rate of 1.273M units, the lowest level since September 2017. PRICE ACTION: The entire homebuilder group, including PulteGroup (PHM), D.R. Horton (DHI), Lennar (LEN), KB Home (KBH), Meritage Homes (MTH), Beazer Homes (BZH), and Toll Brothers (TOL), are lower in afternoon trading. PHM PulteGroup $30.91 -0.02 (-0.06%) DHI D.R. Horton $43.21 -0.02 (-0.05%) LEN Lennar $54.96 -0.59 (-1.06%) KBH KB Home $27.02 -0.46 (-1.67%) MTH Meritage Homes $46.05 -0.9 (-1.92%) BZH Beazer Homes $15.51 -0.13 (-0.83%) TOL Toll Brothers $37.73 -0.31 (-0.81%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	26 Jul 26 Jul 26 Jul 26 Jul
KBH KB Home $27.55 0.05 (0.18%) 12:45 07/10/18 07/10 12:45 07/10/18 12:45 Options	KB Home call volume above normal and directionally bullish » Bullish option flow… Bullish option flow detected in KB Home with 1,782 calls trading, 1.6x expected, and implied vol increasing over 1 point to 34.61%. Jan-20 30 calls and Jul-18 28 calls are the most active options, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 0.36. Earnings are expected on September 27th. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
KMX CarMax $76.77 0.18 (0.24%) , CMI Cummins $136.53 1.4 (1.04%) … 10:22 07/10/18 07/10 10:22 07/10/18 10:22 Upgrade	On The Fly: Top five analyst upgrades » Catch up on today's… Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. CarMax (KMX) upgraded two notches to Overweight from Underweight at Morgan Stanley with analyst Armintas Sinkevicius saying longer term, he is constructive on dealers, citing a belief that tech disruption could accelerate consolidation and set up a transition toward "megafleet managers." 2. Cummins (CMI) upgraded to Buy from Hold at Stifel with analyst Michael Baudendistel saying shares of truck equipment companies have been under pressure primarily on concerns that the cycle is at a peak. 3. Wynn Resorts (WYNN) upgraded to Buy from Hold at Stifel with analyst Steven Wieczynski saying he believes the pullback in the stock recently has created a compelling opportunity. 4. KB Home (KBH) upgraded to Positive from Neutral at Susquehanna with analyst Jack Micenko citing a "clear and visible path" to further gross margin expansion and re-acceleration in community count and order growth well into 2019 for the upgrade, adding that underlying housing trends are strong in many of the markets in which the company currently operates despite "cautious" macro sentiment. 5. Quest Diagnostics (DGX) upgraded to Outperform from In Line at Evercore ISI with analyst Ross Muken saying the company will likely be the beneficiary of improved volumes, stable pricing, heightened M&A, and fund flows amid the heightened volatility within the Rx supply chain. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. KMX CarMax $76.77 0.18 (0.24%) CMI Cummins $136.53 1.4 (1.04%) WYNN Wynn Resorts $163.65 3.52 (2.20%) KBH KB Home $27.97 0.47 (1.71%) DGX Quest Diagnostics $112.48 1.76 (1.59%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
KBH KB Home $27.50 0.76 (2.84%) 08:44 07/10/18 07/10 08:44 07/10/18 08:44 Upgrade	KB Home rating change at Susquehanna » KB Home upgraded to… KB Home upgraded to Positive from Neutral at Susquehanna. As previously reported, Susquehanna analyst Jack Micenko upgraded KB Home to Positive from Neutral and raised his price target to $36 from $34. In a research note to investors, Micenko cited a "clear and visible path" to further gross margin expansion and re-acceleration in community count and order growth well into 2019 for the upgrade, adding that underlying housing trends are strong in many of the markets in which the company currently operates despite "cautious" macro sentiment. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
KBH KB Home $27.50 0.76 (2.84%) 06:41 07/10/18 07/10 06:41 07/10/18 06:41 Upgrade	KB Home rating change at Susquehanna » KB Home upgraded to… KB Home upgraded to Positive from Neutral at Susquehanna 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you: Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.

Up-to-date information on important industry events: Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.

News focused on the companies in your portfolio: Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.

14 Day Free Trial