Cramer's optimistic about the homebuilding sector [CNBC]
KB Home (KBH)
Last kb home earnings: 3/26 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.kbhome.com
Company Research
Source: CNBC
KB Home , saying he feels good about the sector as a whole even though Wall Street favored the latter last week. “Even though Lennar went down and KB Home went up after both reported last week, I'm pretty positive on both stories, and the homebuilders more generally,” Cramer said. “While this should theoretically be a tough space if rates stay higher for longer, the housing shortage hasn't gone anywhere.” Wall Street seems unsure of how to treat these stocks, Cramer said, as they started the year strong when investors though several rate cuts were on the horizon. But the group has stalled as the Federal Reserve continues to hold interest rates steady. Both Lennar and KB Home managed to beat Wall Street's expectations, but Cramer said investors were concerned about Lennar's mixed guidance and that management mentioned “increased sales incentives.” He added that some may also be wary of Lennar's proposed spinoff, as it could indicate that the company is less bullish about housing
Show less
Read more
Impact Snapshot
Event Time:
KBH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KBH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KBH alerts
High impacting KB Home news events
Weekly update
A roundup of the hottest topics
KBH
News
- Why KB Home (KBH) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Market for newly built homes slows as elevated mortgage rates put off many home shoppers [Yahoo! Finance]Yahoo! Finance
- Harvest Wins Prestigious Home Design Prize from Home Builders at 61st Gold Nugget Award [Yahoo! Finance]Yahoo! Finance
- Built-to-Order & Land Buyout Strategies Aid KB Home (KBH) [Yahoo! Finance]Yahoo! Finance
- KB Home stock rises after beating Q2 earnings estimates [Yahoo! Finance]Yahoo! Finance
KBH
Earnings
- 6/18/24 - Beat
KBH
Sec Filings
- 6/20/24 - Form 11-K
- 6/18/24 - Form 8-K
- 5/13/24 - Form 4
- KBH's page on the SEC website