NYSE - Delayed Quote ? USD KB Home (KBH) Follow Compare 83.73 -0.58 (-0.69%) At close: October 17 at 4:01 PM EDT 83.80 +0.07 (+0.08%) Pre-Market: 7:50 AM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Homebuilder confidence hit 4-month high in October. Here's why. According to the latest data from the National Association of Home Builders (NAHB), confidence among home builders rose to a four-month high in October. Jim Tobin, NAHB CEO, joins Wealth! to break down the state of the housing market and how the election may impact home builders. Tobin explains that home builder confidence is up because of falling interest rates. He tells Yahoo Finance that the Federal Reserve's rate-cutting cycle "is really giving our members, and our survey members in particular, a feeling that we're on the backside of the bad news and that we are looking forward to a lower interest rate environment, certainly for mortgage rates in the future, and that the market is going to come back strong." As the election looms ahead, Tobin explains, "I travel all over the country, talk to builders and homebuyers everywhere. And there really is this kind of constriction in the market because of the political environment right now. Knowing who's going to be at the top of the economy and what kind of philosophy is going to take hold as far as the next four years, I think has really kind of put people in a bit of a pause here, even though rates have fallen." With so much uncertainty, he advises against waiting on the sidelines for Congress to act. While the Harris Campaign has promised incentives for both home buyers and builders, he explains that these plans will have to work their way through Congress, which could take a long time before coming into law. He adds that both candidates see housing — particularly supply — as a top priority. He particularly likes policies focused on supply more than on prices, like measures such as rent control. "I think anything that suppresses prices artificially and gets federal intervention into the marketplace, that scares me," he says. "I think overall, the fact that we've got both candidates talking about housing really earns them a lot of credibility in our builders' minds, and gives us opportunity that no matter who wins the white House, housing is going to be the top of their agenda," Tobin concludes. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Melanie Riehl Yahoo Finance Video ? 18 hours ago DHI -0.77% PHM -0.57% XLRE What are mortgage spreads and how can they ease rates lower? Looking for relief from rising mortgage rates? Yahoo Finance senior housing reporter Claire Boston sits down with Brad Smith on Wealth to talk about this "little-known factor" that could help ease mortgage rates: mortgage spreads. She explains the dynamic of declining mortgage spreads and what it means for US homebuyers as they contend with condo shortages. Read up on Claire's coverage of rising mortgage rates this week. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 19 hours ago TOL -0.58% DHI -0.77% KBH -0.69% KB Home Announces the Grand Opening of Its Newest Community in Leesburg, Florida ORLANDO, Fla., October 18, 2024--KB Home announces the grand opening of its newest community in Leesburg, Florida. Business Wire ? 20 minutes ago KBH -0.69% KBH or DHI: Which Is the Better Value Stock Right Now? KBH vs. DHI: Which Stock Is the Better Value Option? Zacks ? 20 hours ago KBH -0.69% DHI -0.77% Buy These 5 Best Value Stocks Making the Most of P/B Ratio The P/B ratio helps to identify low-priced stocks with high growth prospects. SSRM, KBH, PSFE, JD and PEB are some such stocks. Zacks ? yesterday SSRM KBH -0.69% PEB Is KB Home (KBH) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Zacks ? 2 days ago KBH -0.69% Is KB Home (KBH) Outperforming Other Construction Stocks This Year? Here is how KB Home (KBH) and Acuity Brands (AYI) have performed compared to their sector so far this year. Zacks ? 2 days ago KBH -0.69% AYI Why KB Home (KBH) is a Top Value Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Zacks ? 2 days ago KBH -0.69% KB Home, Lennar Q3 results signal weak housing demand Two of America's largest homebuilders, KB Home (KBH) and Lennar (LEN), fell short of Wall Street's expectations for net orders in their respective third quarter results last month. This underperformance has reignited concerns about housing demand in the sector. Yahoo Finance Housing Reporter Dani Romero breaks down the details. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Yahoo Finance Video ? 3 days ago KBH -0.69% LEN -1.54% LEN-B KB Home Wins 2024 WaterSense Sustained Excellence Award, the Only National Homebuilder to Receive This Prestigious Honor LOS ANGELES, October 14, 2024--KB Home wins 2024 WaterSense sustained excellence award, the only national homebuilder to receive this prestigious honor. Business Wire ? 4 days ago KBH -0.69% 2 big homebuilders missed Wall Street estimates on a key metric — here's why Net new orders represent the number of new sales contracts that have been finalized and signed by buyers minus customer home order cancellations booked for the period. Yahoo Finance ? 4 days ago KBH -0.69% LEN -1.54% LEN-B Investors Heavily Search KB Home (KBH): Here is What You Need to Know KB Home (KBH) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. Zacks ? 6 days ago KBH -0.69% KB Home Announces the Grand Opening of Its Newest Gated Community in Highly Desirable Oceanside, California OCEANSIDE, Calif., October 11, 2024--KB Home announces the grand opening of its newest gated community in highly desirable Oceanside, California. Business Wire ? 7 days ago KBH -0.69% KB Home Announces the Grand Opening of Its Newest Community in Desirable Poulsbo, Washington POULSBO, Wash., October 11, 2024--KB Home announces the grand opening of its newest community in desirable Poulsbo, Washington. Business Wire ? 7 days ago KBH -0.69% KB Home Announces the Grand Opening of Its Newest Community in Caldwell, Idaho BOISE, Idaho, October 10, 2024--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of its newest community, Maple Hill, in highly desirable Caldwell, Idaho. The new homes are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and ample storage space. Maple Hill’s one- and two-story homes offer up to five bedrooms and three Business Wire ? 7 days ago KBH -0.69% KB Home Elects Cheryl J. Henry to Its Board of Directors LOS ANGELES, October 10, 2024--KB Home (NYSE: KBH) today announced the election of Cheryl J. Henry to its Board of Directors on October 10, 2024. Ms. Henry was also appointed to the Board’s Nominating and Corporate Governance Committee. Her initial term will end at KB Home’s 2025 Annual Meeting of Stockholders, at which time she will stand for stockholder vote. Business Wire ? 7 days ago KBH -0.69% KB Home Declares Fourth Quarter 2024 Dividend LOS ANGELES, October 10, 2024--The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of $.25 per share on the Company’s common stock, payable on November 27, 2024 to stockholders of record on November 14, 2024. Business Wire ? 7 days ago KBH -0.69% Why Investors Need to Take Advantage of These 2 Construction Stocks Now The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now. Zacks ? 7 days ago KBH -0.69% An Activist Investor Is Interested in CVS; We Take a Look We also chat about Uber and its quest to become an everything app. Motley Fool ? 13 days ago UBER CVS KMX 4 housing markets where giant builder KB Home is cutting home prices In a recent earnings call, KB Home pointed to housing markets in Texas and Florida where the company has been lowering prices. FastCompany ? 17 days ago KBH -0.69% Performance Overview Trailing total returns as of 10/17/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return KBH S&P 500 YTD +35.43% +22.47% 1-Year +93.43% +33.56% 3-Year +119.99% +30.64%
