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Share Name | Share Symbol | Market | Type |
---|---|---|---|
KB Home | NYSE:KBH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.89 | 5.88% | 70.00 | 70.12 | 67.87 | 67.87 | 1,915,901 | 01:00:00 |
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www.ParagonReport.com/KBH www.ParagonReport.com/PHM
The National Association of Home Builders reported earlier this week that their builder sentiment index -- which scale runs from 0 to 100 -- fell to 25 from 28 the previous month. March's reading was the highest rating since June of 2007. The dip came as a surprise to many as analysts had predicted the index would continue its upward momentum.
"What we're seeing is essentially a pause in what had been a fairly rapid build-up in builder confidence that started last September," said David Crowe, chief economist with the homebuilders' group. "This is partly because interest expressed by buyers in the past few months has yet to translate into expected sales activity."
Paragon Report releases regular market updates on the Residential Construction Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.
KB Home is one of the largest and most recognized homebuilding companies in the United States. The board of directors of KB Home has declared a quarterly cash dividend of $.025 per share on the Company's common stock, reflecting its decision to reduce the Company's quarterly cash dividend from $.0625 per share. The dividend is payable on May 17 to stockholders of record on May 3, 2012.
PulteGroup, Inc. recently announced that it will release its first quarter 2012 financial results before the market opens on Thursday, April 26, 2012. The Company will hold a conference call to discuss first quarter results that same day at 8:30 a.m. (ET). A live audio webcast of the call will be available on PulteGroup's website.
Paragon Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Paragon Report has not been compensated by any of the above-mentioned companies. We act as independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.ParagonReport.com/disclaimer
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