KB Home Stock Hammered
January 14, 2015

KB Home Stock Hammered

KB Home suffered its worst one-day percentage drop since Aug. 19, 1992 on Tuesday with a 16.3% decline. With lower than expected margins in the 4th quarter of 2014 and guidance that margins are likely to continue to be soft into early 2015, investors punished KB’s stock price. Some analysts are predicting widespread margin compression in the homebuilding sector due to slowing price appreciation, building on high basis land and rising labor and materials costs.

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Tags KB Homes
Category Homebuilders / Land Developers

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

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