|Bid||0.00 x 100000|
|Ask||0.00 x 100000|
|Day's range||85.00 - 85.00|
|52-week range||63.50 - 98.50|
|Beta (5Y monthly)||1.71|
|PE ratio (TTM)||6.83|
|Earnings date||19 Oct 2021 - 25 Oct 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
KB Home (KBH) posts better-than-expected fiscal Q3 earnings on strong housing market demand and increased pricing.
Historically low mortgage rates and declining lumber prices in the construction sector are helping the housing as well as related industries to regain momentum.
Existing home sales fell 2% to a seasonally adjusted 5.88 million units in August from a month earlier, according to the National Association of Realtors (NAR). July sales were revised slightly upward to 6 million units.