KB Home (KBH) is a homebuilding company based in the United States, founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the NYSE as a home builder and was a Fortune 500 company from 2000 through 2008. Its headquarters are in Los Angeles, California. The company has built 550,000 homes since its founding. It builds homes primarily for first-time home buyers.
50MA just crossed over the 200MA. Looks like a fairly safe play up to about $15 with a tight stop set just under the 200MA.
Reported after close yesterday (6/21/16) Earnings: EPS $0.17 Revenue $811.1M Estimates: EPS $0.16 Revenue $753M Up 2.20% today
Upcoming dividend information: Ex-Div-Date: 11/1/16 Payment Date: 11/17/16 Dividend: $0.03 Current Price: $15.62 Annual Yield: 0.64%
Looking like it's got a nice base Weekly chart: Nice price ratios (e.g. below book value, P/S below 0.5). And 24% of the float is short. Monthly chart to see how far this has fallen in the last 10 years:
Pushing into resistance at 20.09. Dojis and hammer formed. But if this breaks though, all this consolidation over the past 2 weeks have given the 20 ma time to catch up, so they might really push it.
