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COMMENT
It has the lowest PE in the S&P 500 at slightly more than 2x. This usual means the estimates are way too high. They report Wednesday. If Lennar stock doesn't go down after their Tuesday report, then buy KB.
contractors
COMMENT
An analyst downgraded it today. The averaging selling prices for homes remain great, says the company, without signs of slowing. Q1 revenues were up 23% but slightly missed estimates. It's down nearly 10% in the past week. They fell short on the top and bottom lines. However, they have a very strong backlog to fulfill and management maintained their full-year forecast as the company expects higher prices. It now trades at a big discount to book value. Instead of buying back shares (at low share prices), the company would rather buy more homes. The homebuilders are cyclicals . Also, can they execute? Supply china shortages are a problem.
contractors
COMMENT
Home demand will remain strong will at least the end of the year, though skyrocketing labour and materials costs like lumber and metals are a a problem. Last week, KBH reported a disappointing quarter, though management raised parts of guidance. The averaging selling prices for homes (and demand) remain great, says the company, without signs of slowing. It trades at only 3.3x this year's earnings, so it could be a bargain. Q1 revenues were up 23% but slightly missed estimates. They reported great numbers in California. Shares are down nearly 10% in the past week after they fell short on the top and bottom lines last week. However, they have a very strong backlog to fulfill, and management maintained their full-year margin forecast as the company expects higher home prices. The CEO says their biggest challenge is completing homes. Shares now trade at a big discount to book value. If they start buying back stocks, he's in, but if not, he's on the sidelines.
contractors

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PAST TOP PICK
(A Top Pick Nov 18/21, Down 12.8%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with KBH has triggered its stop at $38. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 10%, when combined with the previous buy recommendation.
contractors
WEAK BUY
It reports Wednesday. He expects good numbers, and shares could rise, setting aside fears of rising rates impacting the homebuilders. However, he thinks Toll Brothers and Lennar are better in homebuilders.
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TOP PICK
Stockchase Research Editor: Michael O'Reilly The US based home builder is again reiterated as a TOP PICK. Recently reported earnings showed a 35% increase in the number of homes delivered with average sales prices up 11% -- helping to propel EPS above analyst expectations. Trading at 8x earnings, compared to peers at 18x is trading at 1.5x book value. It pays a small dividend (that has tripled over the past 3 years) that is backed by a payout ratio under 15% of cash flow. We recommend trailing up the stop (from $32) to $38, looking to achieve $53 -- upside potential over 20%. Yield 1.38% (Analysts’ price target is $53.00)
contractors
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.
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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.
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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.

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Showing 1 to 15 of 34 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 2022-08-16, KB Home (KBH-N) stock closed at a price of $33.09.