KB Home (NYSE:KBH) – Analysts at KeyCorp issued their Q1 2018 EPS estimates for KB Home in a research note issued on Wednesday. KeyCorp analyst K. Zener anticipates that the construction company will post earnings per share of $0.31 for the quarter. KeyCorp also issued estimates for KB Home’s Q3 2018 earnings at $0.69 EPS, Q4 2018 earnings at $0.97 EPS and FY2019 earnings at $2.88 EPS.
KB Home (NYSE:KBH) last issued its earnings results on Wednesday, January 10th. The construction company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.07. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.36 billion. KB Home had a return on equity of 9.93% and a net margin of 4.13%. The business’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period last year, the company posted $0.40 EPS.
KB Home (KBH) opened at $29.15 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 5.36 and a quick ratio of 1.22. The firm has a market capitalization of $2,658.45, a price-to-earnings ratio of 15.93, a P/E/G ratio of 0.78 and a beta of 1.48. KB Home has a 52-week low of $15.96 and a 52-week high of $38.80.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Thursday, February 8th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, February 7th. This represents a $0.10 annualized dividend and a dividend yield of 0.34%. KB Home’s dividend payout ratio is presently 5.46%.
In other news, CFO Jeff Kaminski sold 125,000 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $32.53, for a total transaction of $4,066,250.00. Following the completion of the sale, the chief financial officer now directly owns 237,775 shares in the company, valued at $7,734,820.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.60% of the stock is owned by company insiders.
A number of large investors have recently bought and sold shares of the stock. First Allied Advisory Services Inc. acquired a new position in KB Home in the fourth quarter worth about $296,000. The Manufacturers Life Insurance Company grew its stake in KB Home by 9.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 200,465 shares of the construction company’s stock worth $6,405,000 after purchasing an additional 17,425 shares in the last quarter. First Trust Advisors LP grew its stake in KB Home by 49.4% in the fourth quarter. First Trust Advisors LP now owns 75,936 shares of the construction company’s stock worth $2,426,000 after purchasing an additional 25,095 shares in the last quarter. New Mexico Educational Retirement Board acquired a new position in KB Home in the fourth quarter worth about $658,000. Finally, IPG Investment Advisors LLC acquired a new position in KB Home in the fourth quarter worth about $258,000. Institutional investors and hedge funds own 98.15% of the company’s stock.
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KB Home Company Profile
KB HOME is a homebuilding company. The Company is engaged in selling and building a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes. It operates through five segments, which consist of four homebuilding segments and one financial services segment.
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