Advertising
Showing 1 to 15 of 28 entries
BUY
Trades at less than 7x earnings. Cheap. This and its peers are pricing in a much higher mortgage rates and no customers in the future. So, they don't reflect the current rampant demand for new homes. If the Fed's Jay Powell keeps interest rates low, homebuilding stocks will roar. The U.S. is currently building 1.6 million homes, but demand is for 2 million.
contractors
COMMENT
KB needs to confirm what Lennar said about the hot state of the housing market. Sure, this sector is cyclical, but won't be harmed by a few rate early hikes a year or two later. Otherwise, buy Lennar who just reported a fine quarter.
contractors
BUY on WEAKNESS
Are a U.S. homebuilder in 40-50 markets with a long track record. He really likes their 1.4x price to book value vs. peers around 2.1x. Likes their built-order model which offers better pricing power and wider margins. KBH good value. No, he doesn't see a Canadian housing crash. Rather, there's a supply shortage, particularly in cities like Toronto and Calgary, restricting more single-family homes. Eventually, the government will welcome more immigrants which will exacerbate supply further. That said, borrowing costs remain historically low.
contractors

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In
PAST TOP PICK
(A Top Pick Jan 14/21, Up 22.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with KBH has achieved its $44 objective. To be disciplined, we recommend covering 50% and trailing up the stop (from $27) to $32.
contractors

Unlock Panic-Proof Portfolio and Top Stock Picks

Become a member Or, Sign In
TOP PICK
Stockchase Research Editor: Michael O'Reilly KBH is a US homebuilder. Recently reported revenues were disappointing -- down over 23% -- but sales prices were 5% higher backed by the expectation of continued low interest rates. Overall, EPS of $1.12 came in $0.18 higher than analyst expectations. The company reported orders volumes increased 50% putting order backlogs at 15 year highs. It trades at 10x earnings compared to sector averages over 34x -- making this good value here. It pays a small dividend, backed by a 13% payout ratio. We would buy this with a stop-loss at $27, looking to achieve $44 -- over 22% upside. Yield 1.71% (Analysts’ price target is $43.13)
contractors
COMMENT
Homebuilding stocks are propped up by low interest rates and people moving out of cities to suburbs or the country because of Covid. BK reports Tuesday.
contractors
BUY
It's a turnaround from 2008. Since then mortgage rates, high employment and strong supply/demand make him bullish in the housing space.
contractors
TOP PICK
Many are surprised that this--in the home-building space--is doing well now. They did 11,000 home closings last year at $4.5 billion revenue. He's bullish on the economy and KBH has done a great job finding active adult buyers, so many that they are having trouble keeping up with demand. This will do well in a choppy market. Millennials want homes. (Analysts’ price target is $36.86)
contractors
PAST TOP PICK

(A Top Pick November 10/17 - Down 17%.) They had a great year in 2017. Also, other builders. Not so much so far in 2018. Higher interest rates are a negative for the housing market. But there are many positives on the other side of the page. Unemployment is at the lower level since the 60’s. Wage growth at 2%. For homebuilders’ supply is the problem not demand. Revenues up 7%, earnings up 70%. But the market doesn’t like it because interest rates are going up. That creates an opportunity in his opinion.

contractors
TOP PICK

He is a heavy investor in homebuilders through his US small-cap portfolio. He has 5 homebuilders out of the 40 stocks that make up that portfolio. They’ve done extremely well this year on average, and the 5 of them have grown 55%. Dividend yield of 0.4%. (Analysts’ price target is $25.)

contractors
TOP PICK

Don’t buy Canadian real estate. Home ownership is at decade lows. The new Silicon Valley is San Antonio. With deregulation, home ownership should increase. (Analysts’ target: $18.77).

contractors
DON'T BUY

Downward pressure depends on how much rates rise, not if. Old resistance is becoming support. As long as the support is holding then don’t short it.

contractors
PAST TOP PICK

(A Top Pick Feb 26/14. Down 28.79%.) A few months ago they came out with a warning that their gross margins were not going to be as good as the Street thought they were going to be. This was because they were paying a much higher price for land. Stock sold off into the high $1100 and he thought it was just too much. The trend in the industry is still very, very positive. He’ll be looking to see if there is a better place to be.

contractors
COMMENT

One of the smaller homebuilders in the US. Likes the space. Prefers Brookfield Residential (BRP-T) over this. You really want to look at the companies with the strongest land position, particularly in an environment where land prices are rising. Brookfield has 20 years plus of land inventory, so they don’t have to pay ever-increasing prices. If anything, they will be selling land to others.

contractors
HOLD

Likes the whole homebuilder sector. He is not a big believer in buying any more of these when you are down. When you go to buy stocks, you buy it because you think it is going higher. If it doesn’t, that means we really don’t know where it is going. There are better things coming down the road.

contractors
Showing 1 to 15 of 28 entries

KB Home(KBH-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for KB Home is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

KB Home(KBH-N) Frequently Asked Questions

What is KB Home stock symbol?

KB Home is a American stock, trading under the symbol KBH-N on the New York Stock Exchange (KBH). It is usually referred to as NYSE:KBH or KBH-N

Is KB Home a buy or a sell?

In the last year, 3 stock analysts published opinions about KBH-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for KB Home.

Is KB Home a good investment or a top pick?

KB Home was recommended as a Top Pick by on . Read the latest stock experts ratings for KB Home.

Why is KB Home stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is KB Home worth watching?

3 stock analysts on Stockchase covered KB Home In the last year. It is a trending stock that is worth watching.

What is KB Home stock price?

On 2021-10-15, KB Home (KBH-N) stock closed at a price of $39.89.