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Three Movers to Watch for: Crown Castle International Corp. (CCI), KB Home (KBH), MFA Financial, Inc. (MFA) – iStreetWire

Crown Castle International Corp. (CCI) retreated with the stock falling -0.09% or $-0.08 to close at $87.24 on light trading volume of 2.4M compared its three months average trading volume of 2.87M. The Houston Texas 77057 based company operating under the Diversified Communication Services industry has been trending up for the last 52 weeks, with the shares price now 5.13% up for the period and up by 0.54% so far this year. With price target of $102.44 and a 19.99% rebound from 52-week low, Crown Castle International Corp. has plenty of upside potential, making it a hold with a view buy.

Crown Castle International Corp., together with its subsidiaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells). It provides access, including space or capacity to its towers, small cells, and third party land interests via long-term contracts in various forms, including license, sublease, and lease agreements. In addition, the company offers network services relating to wireless infrastructure, primarily consisting of antenna installations or subsequent augmentations, as well as site development services relating to wireless infrastructure. As of December 31, 2013, it owned, leased, or managed approximately 39,600 towers in the United States, including Puerto Rico; and approximately 1,700 towers in Australia. The company was founded in 1994 and is headquartered in Houston, Texas.

KB Home (KBH) gained $0.12 to close the day at a new closing price of $17.08, a 0.71% increase in value from its previous closing price that moved the stock 90.36% above its 52 week low of $9.04. A total of 2.4M shares exchanged hands during the day compared with its three month average trading volume of 2.23M. The stock, which fluctuated between $16.82 and $17.11 during the day, currently situated -1.73% below its 52 week high. The stock is up by 10.69% in the past one month and up by 7.2% over the past three months. With a one year target estimate of $16.83 and RSI of 64.07, the stock still has upside potential, making it a hold for now.

KB Home operates as a homebuilding company in the United States. It 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 communities. The company also provides property and casualty insurance, as well as earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services ( sign up here ), including residential mortgage loan originations to its homebuyers. It has operations in California, Arizona, Nevada, Colorado, Florida, Maryland, North Carolina, and Texas. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is headquartered in Los Angeles, California.

MFA Financial, Inc. (MFA) shares were up in last trading by 0.38% to $7.93. It experienced higher than average volume on day. The stock increased in value by almost 4.34% over the past week and grew 5.24% in the past month. It is currently trading 6.56% above its 50 day moving average and 13.38% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.38% increase in value from its one year high of $8.05. The RSI indicator value of 66.16, lead us to believe that it is a hold for now.

MFA Financial, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including agency and non-agency mortgage-backed securities (MBS), and residential whole loans, and credit risk transfer securities. Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15-year and longer term fixed-rate mortgages, as well as by mortgages that have interest rates that reset more frequently. The company has elected to be taxed as a REIT for the U.S. federal income tax purposes and would not be subject to income taxes, if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was founded in 1997 and is headquartered in New York, New York.

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