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Technical Reports on Residential Construction Stocks -- PulteGroup, D.R. Horton, KB Home, and Toll Brothers

PHM, TOL, DHI, KBH

PR Newswire

NEW YORK, December 22, 2016 /PRNewswire/ --

In today's pre-market research, Stock-Callers.com redirects investors' attention to the Residential Construction industry which is engaged in the construction of residential homes, as well as the manufacturing of mobile and prefabricated homes intended for use in one place. Four equities have been lined up for review and they are: PulteGroup Inc. (NYSE: PHM), D.R. Horton Inc. (NYSE: DHI), KB Home (NYSE: KBH), and Toll Brothers Inc. (NYSE: TOL). Download the free research reports on these stocks today: http://stock-callers.com/registration

PulteGroup  

Atlanta, Georgia headquartered PulteGroup Inc.'s shares gained 0.31%, closing Wednesday's trading session at $19.15. The stock recorded a trading volume of 2.76 million shares. The Company's shares have advanced 1.76% in the last month and 9.55% since the start of this year. The stock is trading 1.71% above its 50-day moving average. Additionally, shares of PulteGroup, which through its subsidiaries, engages primarily in the homebuilding business in the US, have a Relative Strength Index (RSI) of 52.49.

On December 09th, 2016, PulteGroup announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per common share payable January 03rd, 2017, to shareholders of record at the close of business on December 20th, 2016. See our free and comprehensive research report on PHM at: http://stock-callers.com/registration/?symbol=PHM

D.R. Horton  

On Wednesday, shares in Fort Worth, Texas headquartered D.R. Horton Inc. recorded a trading volume of 2.67 million shares. The stock rose 0.29%, ending the day at $28.15. The Company's shares are trading below their 50-day moving average by 1.12%. Furthermore, shares of D.R. Horton, which engages in the acquisition and development of land; and construction and sale of homes in 26 states and 78 markets in the United States under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Regent Homes, Crown Communities, and Pacific Ridge Homes, have an RSI of 46.90.

On December 13th, 2016, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.

On December 21st, 2016, D.R. Horton announced that the Company will release financial results for its first fiscal quarter ended December 31st, 2016, on January 24th, 2017, before the market opens. The Company will host a conference call that morning at 10:00 a.m. ET. TDHI free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=DHI

KB Home  

Los Angeles, California headquartered KB Home's stock finished the day 0.91% higher at $16.58 with a total trading volume of 1.16 million shares. The Company's shares have advanced 7.52% in the last one month, 6.12% in the previous three months, and 35.48% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.91% and 11.20%, respectively. Additionally, shares of KB Home, which constructs and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers, have an RSI of 57.58.

On December 15th, 2016, KB Home announced that it has elected to exercise its optional redemption rights under the terms of its 9.100% Senior Notes due 2017, which mature on September 15th, 2017. On January 13th, 2017, KB Home will redeem $100 million in aggregate principal amount of the Notes then outstanding at the redemption price calculated according to the "make-whole" provisions of the Notes, as outlined in the redemption notice issued by US Bank National Association, the trustee for the Notes. Sign up for your complimentary report on KBH at: http://stock-callers.com/registration/?symbol=KBH

Toll Brothers  

Shares in Horsham, Pennsylvania-based Toll Brothers Inc. ended yesterday's session 0.57% higher at $31.79. The stock recorded a trading volume of 1.38 million shares. The Company's shares have advanced 7.18% in the last one month and 8.80% over the previous three months. The stock is trading 8.09% above its 50-day moving average and 10.53% above its 200-day moving average. Moreover, shares of Toll Brothers, which together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities, have an RSI of 58.36.

On December 07th, 2016, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $34 a share to $35 a share.

On December 15th, 2016, Toll Brothers and AECOM Capital, the investment fund of AECOM, announced the financing of Union Place, a 525-unit luxury rental community located in the NoMa neighborhood of Washington, D.C. Leasing is projected to commence in Spring 2018. The project is being financed through a recently closed $130 million construction loan facility from US Bank National Association as administrative agent and The Bank of New York Mellon. The loan was arranged by Toll Brothers' in-house Finance Department. Register for free on Stock-Callers.com and download the latest research report on TOL at: http://stock-callers.com/registration/?symbol=TOL

--

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