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News Breaks
March 19, 2014
08:46 EDTKBHKB Home reports Q1 net orders increased 6% vs. prior year quarter
The company said, "Q1 Net orders increased 6% from the year-earlier quarter to 1,765, reflecting a rise in the company’s community count, as it continues to convert the substantial land investments it has made over the past several quarters to open communities. Q1 Inventories increased to $2.63B at February 28 from $2.30B at November 30, 2013 as a result of land acquisition and development activities and a distribution of 549 acres, or $70.6M, of land from Inspirada Builders, the company's unconsolidated joint venture in Las Vegas."
News For KBH From The Last 14 Days
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October 20, 2014
07:51 EDTKBHKB Home initiated with a Buy at Buckingham
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October 13, 2014
10:08 EDTKBHOn The Fly: Analyst Upgrade Summary
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07:11 EDTKBHKB Home upgraded to Neutral from Sell at Compass Point
Compass Point upgraded KB Home to Neutral citing relative valuation and focus on lower price points. Price target raised to $15.50 from $13.50.
October 10, 2014
09:30 EDTKBHKB Home upgraded to Outperform from Sector Perform at FBN Securities
FBN Securities upgraded KB Home to Outperform based on relative valuation and increased balance sheet leverage.

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