KB Home Company Profile (NYSE:KBH)

About KB Home (KBH)

KB Home logoKB 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. Its homebuilding segments include West Coast, Southwest, Central and Southeast. The homebuilding segments are engaged in the acquisition and development of land primarily for residential purposes. The financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers in the same markets as its homebuilding segments, and provides title services in the majority of markets located within its Central and Southeast homebuilding segments. It offers homes in development communities, at urban in-fill locations and as part of mixed-use projects.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Residential Construction
  • Sub-Industry: Homebuilding
  • Exchange: NYSE
  • Symbol: KBH
  • CUSIP: 48666K10
Key Metrics:
  • Previous Close: $19.12
  • 50 Day Moving Average: $17.60
  • 200 Day Moving Average: $16.25
  • 52-Week Range: $12.38 - $19.82
  • Trailing P/E Ratio: 17.06
  • Foreward P/E Ratio: 10.50
  • P/E Growth: 0.65
  • Market Cap: $1.63B
  • Outstanding Shares: 85,072,000
  • Beta: 1.93
Profitability:
  • Net Margins: 2.94%
  • Return on Equity: 6.35%
  • Return on Assets: 2.11%
Debt:
  • Current Ratio: 1.24%
  • Quick Ratio: 0.24%

Analyst Ratings

Consensus Ratings for KB Home (NYSE:KBH) (?)
Ratings Breakdown: 6 Sell Ratings, 11 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.79)
Consensus Price Target: $15.60 (18.37% downside)

Analysts' Ratings History for KB Home (NYSE:KBH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/7/2017Barclays PLCReiterated RatingUnderweight$15.00 -> $16.00N/AView Rating Details
2/28/2017Buckingham ResearchDowngradeBuy -> NeutralN/AView Rating Details
2/7/2017BTIG ResearchInitiated CoverageSell$13.00N/AView Rating Details
1/24/2017Raymond James Financial, Inc.Reiterated RatingMarket Perform -> UnderperformN/AView Rating Details
1/15/2017JMP SecuritiesReiterated RatingOutperform$19.00 -> $20.00N/AView Rating Details
1/12/2017Evercore ISIDowngradeHold -> Sell$14.00N/AView Rating Details
1/11/2017WedbushReiterated RatingOutperform$22.00N/AView Rating Details
11/14/2016MKM PartnersSet Price TargetHold$15.00N/AView Rating Details
9/28/2016Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
9/22/2016FBR & CoReiterated RatingMarket Perform$16.00N/AView Rating Details
9/22/2016Royal Bank of CanadaReiterated RatingSector Perform$16.00 -> $17.00N/AView Rating Details
9/21/2016Bank of America CorpReiterated RatingSell$12.50N/AView Rating Details
7/18/2016ArgusReiterated RatingHoldN/AView Rating Details
6/28/2016Credit Suisse Group AGReiterated RatingSellN/AView Rating Details
6/26/2016Keefe, Bruyette & WoodsReiterated RatingMarket Perform$14.00 -> $15.00N/AView Rating Details
4/18/2016FBN SecuritiesDowngradeOutperform -> Sector PerformN/AView Rating Details
4/4/2016Deutsche Bank AGBoost Price TargetHold$14.00 -> $15.00N/AView Rating Details
3/29/2016Citigroup IncBoost Price TargetNeutral$11.00 -> $14.00N/AView Rating Details
3/25/2016Susquehanna Bancshares IncBoost Price TargetNeutral$14.00 -> $15.00N/AView Rating Details
10/13/2015Morgan StanleyUpgradeUnderweight -> Equal Weight$15.00N/AView Rating Details
9/25/2015Compass PointReiterated RatingHoldN/AView Rating Details
9/11/2015JPMorgan Chase & Co.Boost Price Target$15.00 -> $16.50N/AView Rating Details
6/23/2015Sterne Agee CRTReiterated RatingNeutral$16.00N/AView Rating Details
(Data available from 3/23/2015 forward)

Earnings

Earnings History for KB Home (NYSE:KBH)
Earnings by Quarter for KB Home (NYSE:KBH)
Earnings History by Quarter for KB Home (NYSE:KBH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/23/2017        
3/23/2017Q1 2017$0.13N/AView Earnings Details
1/11/2017Q416$0.39$0.40$1.19 billionViewN/AView Earnings Details
9/20/2016Q316$0.39$0.42$913.30 millionViewListenView Earnings Details
6/21/2016Q216$0.14$0.17$811.10 millionViewListenView Earnings Details
3/23/2016Q116$0.11$0.14$633.98 million$678.40 millionViewListenView Earnings Details
1/7/2016Q415$0.50$0.43$1.07 million$985.80 millionViewN/AView Earnings Details
9/24/2015Q315$0.22$0.23$818.63 million$840.20 millionViewListenView Earnings Details
6/19/2015Q215$0.08$0.10$623.00 millionViewListenView Earnings Details
3/20/2015Q115$0.02$0.08$580.10 millionViewListenView Earnings Details
1/13/2015Q414$0.56$0.27$778.50 million$796.00 millionViewN/AView Earnings Details
9/24/2014Q314$0.40$0.28$589.20 millionViewListenView Earnings Details
6/27/2014Q214$0.20$0.27$563.10 million$565.00 millionViewListenView Earnings Details
3/19/2014Q114$0.09$0.12$437.09 million$450.70 millionViewListenView Earnings Details
12/19/2013Q4$0.21$0.31$569.55 million$618.50 millionViewListenView Earnings Details
9/24/2013Q313$0.21$0.28$569.30 million$549.00 millionViewN/AView Earnings Details
6/27/2013Q2 2013($0.06)($0.04)$450.80 million$524.40 millionViewN/AView Earnings Details
3/21/2013Q1 2013($0.22)($0.16)$359.80 million$405.20 millionViewN/AView Earnings Details
12/20/2012Q4 2012$0.06$0.10$567.06 million$578.20 millionViewN/AView Earnings Details
9/21/2012Q312($0.16)$0.04$430.05 million$424.50 millionViewN/AView Earnings Details
6/29/2012($0.33)($0.31)ViewN/AView Earnings Details
3/23/2012($0.23)($0.59)ViewN/AView Earnings Details
12/21/2011$0.03$0.18ViewN/AView Earnings Details
9/23/2011($0.15)($0.13)ViewN/AView Earnings Details
4/5/2011($0.27)($1.49)ViewN/AView Earnings Details
1/7/2011($0.17)$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for KB Home (NYSE:KBH)
Current Year EPS Consensus Estimate: $1.51 EPS
Next Year EPS Consensus Estimate: $1.82 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.09$0.10$0.10
Q2 20162$0.17$0.17$0.17
Q3 20163$0.39$0.41$0.40
Q4 20163$0.34$0.67$0.55
Q1 20172$0.12$0.18$0.15
Q2 20172$0.25$0.34$0.30
Q3 20172$0.43$0.45$0.44
Q4 20172$0.64$0.78$0.71
Q1 20181$0.17$0.17$0.17
Q2 20181$0.37$0.37$0.37
Q3 20181$0.50$0.50$0.50
Q4 20181$0.71$0.71$0.71
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for KB Home (NYSE:KBH)
Most Recent Dividend:2/23/2017
Annual Dividend:$0.10
Dividend Yield:0.52%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:8.85% (Trailing 12 Months of Earnings)
6.62% (Based on This Year's Estimates)
5.49% (Based on Next Year's Estimates)
Dividend Payments by Quarter for KB Home (NYSE:KBH)

Dividend History by Quarter for KB Home (NYSE:KBH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/26/2017quarterly$0.030.6%2/7/20172/9/20172/23/2017
10/6/2016quarterly$0.030.63%11/1/201611/3/201611/17/2016
7/14/2016quarterly$0.030.61%8/2/20168/4/20168/18/2016
4/7/2016quarterly$0.030.69%5/3/20165/5/20165/19/2016
1/21/2016quarterly$0.250.96%2/2/20162/4/20162/18/2016
10/8/2015quarterly$0.250.68%11/3/201511/5/201511/19/2015
7/16/2015quarterly$0.030.62%8/4/20158/6/20158/20/2015
4/2/2015quarterly$0.030.63%5/5/20155/7/20155/21/2015
1/22/2015quarterly$0.030.82%2/3/20152/5/20152/19/2015
10/9/2014quarterly$0.030.71%11/4/201411/6/201411/20/2014
7/17/2014quarterly$0.250.56%8/5/20148/7/20148/21/2014
4/4/2014quarterly$0.030.57%4/29/20145/1/20145/15/2014
1/23/2014quarterly$0.030.55%2/4/20142/6/20142/20/2014
10/10/2013quarterly$0.030.59%11/5/201311/7/201311/21/2013
7/18/2013quarterly$0.030.52%7/30/20138/1/20138/15/2013
4/4/2013quarterly$0.030.47%4/30/20135/2/20135/16/2013
1/24/2013quarterly$0.250.54%2/5/20132/7/20132/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for KB Home (NYSE:KBH)
Insider Ownership Percentage: 8.60%
Institutional Ownership Percentage: 95.74%
Insider Trades by Quarter for KB Home (NYSE:KBH)
Institutional Ownership by Quarter for KB Home (NYSE:KBH)
Insider Trades by Quarter for KB Home (NYSE:KBH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/27/2016Jeffrey T MezgerInsiderSell500,000$16.47$8,235,000.00View SEC Filing  
7/26/2016Jeffrey T MezgerCEOSell230,000$16.43$3,778,900.00View SEC Filing  
7/25/2016Jeffrey T MezgerCEOSell110,000$16.39$1,802,900.00View SEC Filing  
2/10/2016Robert L. Jr. PattonDirectorBuy67,615$9.64$651,808.60View SEC Filing  
4/27/2015Nicholas S FranklinEVPBuy5,000$14.76$73,800.00View SEC Filing  
5/10/2013Thomas F NortonSVPSell35,417$24.23$858,153.91View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for KB Home (NYSE:KBH)
Latest Headlines for KB Home (NYSE:KBH)
Source:
DateHeadline
businesswire.com logoKB Home Announces the Grand Opening of Mason Hills–The Lakes in Leander - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - March 22 at 11:21 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Mason Hills–The Lakes in Leander (NYSE:KBH)
finance.yahoo.com - March 22 at 9:48 AM
News IconKB Home (KBH) Scheduled to Post Quarterly Earnings on Thursday (NYSE:KBH)
www.americanbankingnews.com - March 22 at 7:35 AM
News IconKB Home (KBH) Downgraded to Sell at Zacks Investment Research (NYSE:KBH)
www.americanbankingnews.com - March 21 at 11:19 AM
cnbc.com logoThis is why Washington wrangling could become a bigger deal in the week ahead (NYSE:KBH)
www.cnbc.com - March 17 at 6:19 PM
thestreet.com logoReduce Holdings on Homebuilders as They Test Risky Levels (NYSE:KBH)
us.rd.yahoo.com - March 16 at 6:55 PM
seekingalpha.com logoLGI Homes: A Value Pick In The Roaring Homebuilder Space (NYSE:KBH)
seekingalpha.com - March 14 at 11:37 AM
finance.yahoo.com logoKB Home to Release 2017 First Quarter Earnings on March 23, 2017 (NYSE:KBH)
finance.yahoo.com - March 9 at 9:04 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of The Villas at Sonoran Ridge in Mesa (NYSE:KBH)
finance.yahoo.com - March 3 at 6:06 PM
finance.yahoo.com logoKB Home downgraded by Buckingham Research (NYSE:KBH)
finance.yahoo.com - February 28 at 6:17 PM
us.rd.yahoo.com logoKB Home (KBH) Unveils Westview Landing Community in Houston (NYSE:KBH)
us.rd.yahoo.com - February 27 at 6:30 PM
businesswire.com logoKB Home Announces the Grand Opening of River Village in Santee - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 24 at 10:02 AM
businesswire.com logoKB Home Announces the Grand Opening of Lotus in Santa Ana - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 24 at 10:02 AM
finance.yahoo.com logoKB Home Announces the Grand Opening of Westview Landing in Houston (NYSE:KBH)
finance.yahoo.com - February 24 at 10:02 AM
finance.yahoo.com logoKB Home Announces the Grand Opening of The Villas at The Meadows in Castle Rock (NYSE:KBH)
finance.yahoo.com - February 24 at 10:02 AM
thestreet.com logoKB Home's Communities At Communications Hill Continue To Attract Silicon Valley Buyers (NYSE:KBH)
www.thestreet.com - February 23 at 11:07 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Lotus in Santa Ana (NYSE:KBH)
finance.yahoo.com - February 23 at 6:07 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of River Village in Santee (NYSE:KBH)
finance.yahoo.com - February 23 at 6:07 PM
businesswire.com logoKB Home's Communities at Communications Hill Continue to Attract ... - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 22 at 11:18 PM
businesswire.com logoKB Home Announces the Grand Opening of Copperleaf in Mandarin - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 22 at 11:18 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Copperleaf in Mandarin (NYSE:KBH)
finance.yahoo.com - February 22 at 12:27 PM
finance.yahoo.com logoKB Home’s Communities at Communications Hill Continue to Attract Silicon Valley Buyers (NYSE:KBH)
finance.yahoo.com - February 22 at 12:27 PM
businesswire.com logoKB Home Announces the Grand Opening of Springtime at Harvest in Upland - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 17 at 8:31 AM
businesswire.com logoKB Home Announces the Grand Opening of Summit Crest in Fontana - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 17 at 8:31 AM
finance.yahoo.com logoKB Home Announces the Grand Opening of Springtime at Harvest in Upland (NYSE:KBH)
finance.yahoo.com - February 17 at 8:31 AM
finance.yahoo.com logoKB Home Announces the Grand Opening of Jade Tree in Chino Hills (NYSE:KBH)
finance.yahoo.com - February 16 at 5:48 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Summit Crest in Fontana (NYSE:KBH)
finance.yahoo.com - February 16 at 5:48 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Serene Canyon in Las Vegas (NYSE:KBH)
finance.yahoo.com - February 14 at 7:32 PM
businesswire.com logoKB Home Announces the Grand Opening of Cherry Blossom at the Fairways in Beaumont - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 10 at 5:06 AM
seekingalpha.com logoKB Home Announces The Grand Opening Of Cherry Blossom (NYSE:KBH)
seekingalpha.com - February 9 at 7:03 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Cherry Blossom at the Fairways in Beaumont (NYSE:KBH)
finance.yahoo.com - February 9 at 7:03 PM
businesswire.com logoKB Home Announces the Grand Opening of Katy Manor in Katy ... - Business Wire (press release) (NYSE:KBH)
www.businesswire.com - February 8 at 11:54 PM
seekingalpha.com logoKB Home Announces The Grand Opening Of Katy Manor In Katy (NYSE:KBH)
seekingalpha.com - February 8 at 6:53 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Katy Manor in Katy, Texas (NYSE:KBH)
finance.yahoo.com - February 8 at 6:53 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of the Stapleton Villa Collection at Bluff Lake (NYSE:KBH)
finance.yahoo.com - February 8 at 6:53 PM
nasdaq.com logoKB Home (KBH) Ex-Dividend Date Scheduled for February 07, 2017 - Nasdaq (NYSE:KBH)
www.nasdaq.com - February 8 at 12:27 AM
streetinsider.com logoBTIG Starts KB Home (KBH) at Sell - StreetInsider.com (NYSE:KBH)
www.streetinsider.com - February 8 at 12:27 AM

Social

Frequently Asked Questions for KB Home (NYSE:KBH)

What is KB Home's stock symbol?

KB Home trades on the New York Stock Exchange (NYSE) under the ticker symbol "KBH."

How often does KB Home pay dividends? What is the dividend yield for KB Home?

KB Home announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Thursday, February 9th will be given a dividend of $0.025 per share on Thursday, February 23rd. This represents a $0.10 annualized dividend and a yield of 0.52%. The ex-dividend date is Tuesday, February 7th.

How were KB Home's earnings last quarter?

KB Home (NYSE:KBH) issued its quarterly earnings results on Wednesday, January, 11th. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. The firm had revenue of $1.19 billion for the quarter. KB Home had a return on equity of 6.35% and a net margin of 2.94%. The company's revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 earnings per share.

When will KB Home make its next earnings announcement?

KB Home is scheduled to release their next quarterly earnings announcement on Thursday, March, 23rd 2017.

Where is KB Home's stock going? Where will KB Home's stock price be in 2017?

19 analysts have issued 12 month target prices for KB Home's stock. Their predictions range from $11.50 to $22.00. On average, they anticipate KB Home's stock price to reach $15.60 in the next year.

What are analysts saying about KB Home stock?

Here are some recent quotes from research analysts about KB Home stock:

  • 1. According to Zacks Investment Research, "Although KB Home has developed the right strategy to generate cash, accelerate asset turnover, boost returns and reduce debt, the rising interest rates may dent demand, thereby hurting profits for KB Home. With the Fed announcing a hike in the benchmark, mortgage rates will probably rise later in 2017. High mortgage rates dilute the demand for new homes as mortgage loans become expensive. This lowers the purchasing power of the buyers and hurts volumes, revenues and profits of homebuilders. Meanwhile, KB Home shares underperformed the Zacks categorized Building-Residential/Commercial industry over the last three months. Estimates have also moved down frame raising apprehensions for the stock’s performance for the time being." (3/15/2017)
  • 2. BTIG Research analysts commented, "In our view, KBH's business model represents a pre-crisis approach to homebuilding in an industry that has changed. KBH is attempting to re-build local market share to regain some control over margins, but is hampered by competition, an excessive debt load, an overhang of high cost land and a build-to-order strategy that does not mesh well with current labor shortages nor asset turnover efficiency, in our view." (2/7/2017)

Who owns KB Home stock?

KB Home's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (13.77%), AQR Capital Management LLC (6.95%), Systematic Financial Management LP (3.39%), State Street Corp (2.99%), Dimensional Fund Advisors LP (2.85%) and Franklin Resources Inc. (2.27%). Company insiders that own KB Home stock include Jeffrey T Mezger, Nicholas S Franklin and Robert L Jr Patton.

Who sold KB Home stock? Who is selling KB Home stock?

KB Home's stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Cipher Capital LP, Systematic Financial Management LP, FMR LLC, State Street Corp, Metropolitan Life Insurance Co. NY, Ladenburg Thalmann Financial Services Inc. and Franklin Resources Inc..

Who bought KB Home stock? Who is buying KB Home stock?

KB Home's stock was bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Norges Bank, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Guggenheim Capital LLC, Federated Investors Inc. PA, Worth Venture Partners LLC and Blenheim Capital Management BV. Company insiders that have bought KB Home stock in the last two years include Nicholas S Franklin and Robert L Jr Patton.

How do I buy KB Home stock?

Shares of KB Home can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of KB Home stock cost?

One share of KB Home stock can currently be purchased for approximately $19.11.

KB Home (KBH) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff