34.96 0.00 (0.00%)
After hours: 6:06PM EST
|Bid||34.83 x 200|
|Ask||35.89 x 1400|
|Day's range||34.45 - 35.25|
|52-week range||15.88 - 38.80|
|PE ratio (TTM)||18.90|
|Earnings date||21 Mar 2018 - 26 Mar 2018|
|Forward dividend & yield||0.10 (0.29%)|
|1y target est||32.85|
Zacks.com featured highlights include: KB Home, Target, Skechers U.S.A., Lithia Motors, Walgreens Boots and Huntington Ingalls
On a positive for day the major benchmarks, shares of KB Home rose on strong sales, and Progress Software soared after reporting earnings.
Shares of KB Home (KBH) surged over 12.40% on Thursday to hit a new 52-week high after the company reported impressive fourth-quarter and full-year results on Wednesday. This climb is part of a strong run that might make investors take a look at why the home building power is currently a Zacks Rank #1 (Strong Buy).
Shares of KB Home (KBH) have risen 11% today, to $38.18, after the Los Angeles-based homebuilder reported solid gains in the last quarter of its November 2017 fiscal year. The economy’s strength should drive housing demand in 2018, said chief executive Jeffrey Mezger in the earnings announcement. For the entire fiscal year ended November, the homebuilder grew revenue 22% to $4.37 billion, yielding profits of $181 million, or $1.85 a share, up from $1.12 in the 2016 fiscal year.
Broader markets declined on Wednesday following a surge in yield of the 10-year benchmark note after China considered halting purchase of U.S. Treasuries.
KB Home (KBH) reports stellar fourth-quarter fiscal 2017 results, with both the top and bottom line surpassing the consensus estimates, buoyed by solid housing fundamentals.
Shares of KB Home rose 3% late Wednesday after the homebuilder reported fourth-quarter earnings above Wall Street forecasts and said it expects "solid demand for housing" this year. KB Home earned ...
On a per-share basis, the Los Angeles-based company said it had profit of 84 cents. The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research ...
KB Home topped quarterly forecasts late Wednesday after Lennar reported a surprise earnings drop due to a change in the timing of a transaction to take advantage of Republican tax legislation.
A fairly quiet schedule awaits investors on Wednesday with import prices and earnings from homebuilders the biggest highlights.