Tuesday, January 26, 2010 2:18:41 PM
BOSTON (MarketWatch) -- KB Home shares were up about 2% in afternoon trading
Tuesday after Raymond James boosted its rating on the home builder to outperform
from market perform. "The primary catalyst behind our action stems from last
week's important FHA announcement, but we also feel a more constructive outlook
is warranted based on valuation and several positive trends that emerged from
recent [fiscal fourth-quarter] results," the analysts said in a note. Policy
changes announced last week by the Federal Housing Administration "will initially
have a minimal impact on the up-front costs and monthly payments associated with
FHA loans," they said. "Thus for the time being, this vital financing lifeline
will remain widely available during the 2010 spring selling season. While
beneficial to all builders, we believe KB Home in particular stands to benefit
the most with its industry-leading mix of first-time buyers and FHA loan
underwriting."
Recent KBH News
- KB Home Named to Newsweek’s 2024 List of World’s Most Trustworthy Companies • Business Wire • 09/19/2024 12:00:00 PM
- KB Home Announces a Rare Opportunity to Own a New Townhome in a Prime Long Beach, California Location Close to Popular Beaches • Business Wire • 09/13/2024 12:00:00 PM
- KB Home to Release 2024 Third Quarter Earnings on September 24, 2024 • Business Wire • 09/10/2024 08:10:00 PM
- KB Home Announces the Grand Opening of Its Newest Community at Farmlore, a Premier New Master Plan in Brighton, Colorado • Business Wire • 08/30/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in Popular Georgetown, Texas • Business Wire • 08/28/2024 12:00:00 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 08/19/2024 08:51:02 PM
- KB Home Announces the Grand Opening of Its Newest Community Within the Desirable Crossroads West Master Plan in Riverbank, California • Business Wire • 08/16/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in Riverside, California • Business Wire • 08/16/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community Within the Desirable Villa Ticino Master Plan in Manteca, California • Business Wire • 08/09/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in Graham, North Carolina • Business Wire • 08/09/2024 12:00:00 PM
- Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities • Edgar (US Regulatory) • 08/08/2024 06:56:02 PM
- KB Home Named One of America’s Best Midsize Companies by TIME Magazine, Earning a Place in the Top 15% of All Companies Listed • Business Wire • 08/07/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in Manor, Texas • Business Wire • 08/06/2024 12:00:00 PM
- KB Home Sets New Industry Record by Earning an Unprecedented 30 ENERGY STAR Market Leader Awards • Business Wire • 07/29/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in Raleigh • Business Wire • 07/25/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/19/2024 08:33:05 PM
- KB Home Declares Third Quarter 2024 Dividend • Business Wire • 07/18/2024 08:10:00 PM
- KB Home Announces the Grand Opening of Its Newest Community at Desert Passage, a Highly Desirable Master Plan in Maricopa, Arizona • Business Wire • 07/12/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in a Prime Lancaster, California Location • Business Wire • 07/12/2024 12:00:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in Lake Wales • Business Wire • 07/11/2024 09:50:00 PM
- KB Home Announces the Grand Opening of Its Newest Community in Farmlore, a Premier New Master Plan in Brighton, Colorado • Business Wire • 07/03/2024 10:22:00 PM
- Trump Media Resells Stocks and Warrants; KB Home Exceeds Q2 Expectations, and More News • IH Market News • 06/20/2024 10:55:11 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 08:18:15 PM
- KB Home Reports 2024 Second Quarter Results • Business Wire • 06/18/2024 08:10:00 PM
- U.S. Futures Show Mixed Trends Ahead of May Retail Sales Data, Oil Prices Edge Lower • IH Market News • 06/18/2024 11:04:34 AM
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