Housing Starts (Aug) 1142K vs 1190K Expected; Building Permits 1139K vs 1165K
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FBR Capital Remains Sidelined on KB Home (KBH) Following 3Q Report
September 21, 2016 8:16 AM EDTFBR Capital reiterated a Market Perform rating and $16.00 price target on KB Home (NYSE: KBH) following the company's 3Q16 results. KB Home reported headline EPS of $0.42 per share, which exceeded consensus expectations of $0.39. Total revenues grew 8% year over year, driven by KBHs 11% improvement in... More
FBR Capital Reiterates Outperform on Lennar Corp. (LEN) Following EPS Beat
September 21, 2016 8:02 AM EDTFBR Capital reiterated an Outperform rating and $60.00 price target on Lennar Corp. (NYSE: LEN) following the company's 3Q earnings report. LEN reported headline EPS of $1.01, which exceeded the consensus expectations of $0.90.
Analyst Patrick Kealey commented, "We reiterate our Outperform rating and $60 price target... More
