KB Home (NYSE:KBH) sold $400 million of bonds that it may use to acquire and develop land, in its first offering in five months. KB Home (NYSE:KBH) shares after opening at $18.61 moved to $18.69 on last trade day and at the end of the day closed at $18.21. Company price to sales ratio in past twelve months was calculated as 0.73 and price to cash ratio as 2.88. KB Home (NYSE:KBH) showed a positive weekly performance of 5.02%.
D.R. Horton (NYSE:DHI) saw a significant drop in short interest in the month of January. As of February 28th, there was short interest totalling 46,111,568 shares, a drop of 4.7% from the February 14th total of 48,387,169 shares, AR Network reports. D.R. Horton, Inc. (NYSE:DHI) shares fell -2.76% in last trading session and ended the day on $21.87. DHI return on equity ratio is recorded as 14.70% and its return on assets is 6.80%. D.R. Horton, Inc. (NYSE:DHI) yearly performance is -13.86%.
PulteGroup (NYSE:PHM) was downgraded by research analysts at Credit Suisse from an “outperform” rating to a “neutral” rating in a report released on Wednesday, TheFlyOnTheWall.com reports. They currently have a $20.00 price target on the stock. Credit Suisse’s price target suggests a potential upside of 4.28% from the company’s current price. PulteGroup, Inc. (NYSE:PHM) shares moved down -1.07% in last trading session and was closed at $19.40, while trading in range of $19.19 – $19.76. PulteGroup, Inc. (NYSE:PHM) year to date (YTD) performance is -4.53%.
Lennar (NYSE:LEN) on Thursday became the second homebuilder in as many days to deliver better-than-expected quarterly results as rising home prices and new orders helped offset the severe winter in some markets. Lennar Corporation (NYSE:LEN) weekly performance is -0.07%. On last trading day company shares ended up $40.32. Lennar Corporation (NYSE:LEN) distance from 50-day simple moving average (SMA50) is -0.07%. Analysts mean target price for the company is $42.56.
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