Your email has been successfully added to our mailing list.

×
-0.000453206435531455 -0.00294584183095406 -0.00614094720145028 -0.00566508044414231 -0.01472920915477 -0.0165420348968956 0.00226603217765696 -0.00634489009743941
Stock impact report

Homebuilders Lennar, KB, D.R. Horton Cut at KeyBanc on Rates Worry [TheStreet.com]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
Company Research Source: TheStreet.com
Lennar ( ) -, KB Home ( ) -, D.R. Horton ( ) - and other major homebuilders on Wednesday were downgraded at KeyBanc Capital Markets. The investment firm based the downgrades on inflation concern and anticipation of Federal Reserve interest-rate hikes. “Builders’ stocks face a wall of worry as 2022 begins, as a tightening monetary outlook negatively affects sentiment, Covid-induced inflation and supply constraints compound lagged money supply trends. And past home price gains that elevated margins will likely abate,” KeyBanc analyst Kenneth Zener wrote in a commentary. “Tightening cycles impact builders’ stocks, with stocks falling 32% peak to trough, down 89% of the time since 1969. The sector fell 21% during the actual tightening cycle.” The cycles lasted 10 months, “with a lower duration of seven months during the volatile 1975-1982 period, [which] could be relevant to trading this year,” Zener said. TheStreet Recommends 9 minutes ago 28 minutes ago 28 minutes ago He downgrad Show less Read more
Impact Snapshot
Event Time:
KBH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for KBH alerts
Opt-in for
KBH alerts

from News Quantified
Opt-in for
KBH alerts

from News Quantified