Top 10 Promising Companies To Watch For 2016

Top 10 Promising Companies To Watch For 2016: KB Home (KBH)

KB Home is a homebuilding company. The Company constructs and sells homes through its operating divisions under the name KB Home. The Company operates in nine states and 32 markets, including California, Arizona, Nevada, Colorado, Texas, Florida, Maryland, North Carolina and Virginia. The Company organizes its homebuilding operations into four segments: West Coast, Southwest, Central and Southeast. In July 2012, it acquired land within the Elworthy Ranch property in the town of Danville. In September 2012, it acquired Mason Ranch, which is a 330-acre land asset in Cedar Park/Leander West, submarkets in metropolitan Austin. In December 2012, the Company acquired 65 lots in Fuquay-Varina, N.C.

Homebuilding

The Company's homebuilding operations offers a variety of homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family homes, townhomes and condominiums. It offers homes in developme nt communities, at urban in-fill locations and as part of mixed-use projects. During the fiscal year ended, November 30, 2011 (fiscal 2011), the Company, through its homebuilding segment, delivered 5,812 homes. During fiscal 2011, homebuilding operations accounted for 99.2% of the total revenues.

Financial Services

The financial services segment provides title and insurance services to its homebuyers. This segment also provided mortgage banking services to the Company's homebuyers indirectly through KBA Mortgage, LLC (KBA Mortgage), a former unconsolidated joint venture of a subsidiary of ours and a subsidiary of Bank of America, N.A., from the venture's formation until June 30, 2011, when it ceased offering mortgage banking services. Effective June 27, 2011, it entered into a marketing services agreement with MetLife Home Loans, a division o! f MetLife Bank, N.A. Under the agreement, MetLife Home Loans' personnel, located on site at several of its new home communities, can offer financing options and re! sidential consumer mortgage loan products to its homebuyers, and originate residential consumer mortgage loans for homebuyers who elect to use MetLife Home Loans. The Company's homebuyers may also elect to use other providers of mortgage banking services. Its financial services operations accounted for 0.8% of the Company's total revenues in fiscal 2011.

Advisors' Opinion:

• [By Peter Graham]

  The Q4 2014 earnings report for small cap homebuilder stock KB Home (NYSE: KBH), a peer of mid caps D.R. Horton, Inc (NYSE: DHI), Lennar Corporation (NYSE: LEN) and PulteGroup, Inc (NYSE: PHM), is scheduled for before the market opens on Tuesday (January 13th). Aside from the KB Home earnings report, it should be said that D.R. Horton, Inc will report Q1 2015 earnings on January 26th, Lennar Corporation will report Q4 2014 earnings next Thursday morning (January 15th) and the PulteGroup, Inc will report Q4 2014 earnings on January 29th. However, the technical charts for all four homebuilder stocks are showing uptrends since hitting October bottoms.

• [By maarnio]

  Beazer Homes' competitors include KB Home (KBH), Lennar (LEN), and PulteGroup (PHM). Here is a table comparing these companies.

  Company

• [By Johanna Bennett]

  Lennar (LEN) fell 2.4% to $37.49 and KB Home (KBH) fell 2% to $17.01. PulteGroup (PHM) sank about 1.3%%.

  Housing ETFs including SPDR S&P Homebuilders (XHB) fell 1.56% to $30.27 and iShares U.S. Home Construction ETF (ITB) fell 1.47% to $22.78. PowerShares Dynamic Building & Construction Fund (PKB) lost about 0.75%.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-promising-companies-to-watch-for-2016-2.html