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: $20.44
  • 50 Day Moving Average: $19.49
  • 200 Day Moving Average: $16.92
  • 52-Week Range: $12.38 - $20.91
  • Trailing P/E Ratio: 17.93
  • Foreward P/E Ratio: 10.59
  • P/E Growth: 0.66
  • Market Cap: $1.74B
  • Outstanding Shares: 85,273,000
  • 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: 5 Sell Ratings, 11 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.76)
Consensus Price Target: $17.14 (16.13% downside)

Analysts' Ratings History for KB Home (NYSE:KBH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/13/2017Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformLowView Rating Details
3/29/2017Deutsche Bank AGBoost Price TargetHold$17.00 -> $20.00LowView Rating Details
3/27/2017Citigroup IncBoost Price TargetNeutral$17.00 -> $21.00LowView Rating Details
3/27/2017JMP SecuritiesDowngradeOutperform -> Market PerformLowView Rating Details
3/24/2017Keefe, Bruyette & WoodsReiterated RatingHold$20.00LowView Rating Details
3/24/2017Royal Bank of CanadaReiterated RatingSector Perform -> Sector Perform$17.00 -> $21.00MediumView Rating Details
3/24/2017WedbushReiterated RatingOutperform$22.00MediumView Rating Details
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
1/12/2017Evercore ISIDowngradeHold -> Sell$14.00N/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
9/21/2016Bank 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
4/18/2016FBN SecuritiesDowngradeOutperform -> Sector PerformN/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 4/24/2015 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
6/19/2017        
3/23/2017Q1 2017$0.13$0.15$797.78 million$818.60 millionViewN/AView Earnings Details
1/11/2017Q416$0.37$0.40$1.16 billion$1.19 billionViewN/AView Earnings Details
9/20/2016Q316$0.39$0.42$954.12 million$913.28 millionViewListenView Earnings Details
6/21/2016Q216$0.14$0.17$753.14 million$811.05 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$655.00 million$622.97 millionViewListenView Earnings Details
3/20/2015Q115$0.02$0.08$470.71 million$580.12 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$640.12 million$589.21 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)
2017 EPS Consensus Estimate: $1.61
2018 EPS Consensus Estimate: $1.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.12$0.18$0.15
Q2 20173$0.25$0.27$0.26
Q3 20173$0.43$0.50$0.47
Q4 20173$0.70$0.78$0.73
Q1 20181$0.22$0.22$0.22
Q2 20181$0.33$0.33$0.33
Q3 20181$0.54$0.54$0.54
Q4 20181$0.78$0.78$0.78
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for KB Home (NYSE:KBH)
Next Dividend:5/18/2017
Annual Dividend:$0.10
Dividend Yield:0.49%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:8.85% (Trailing 12 Months of Earnings)
6.29% (Based on This Year's Estimates)
5.18% (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
4/13/2017quarterly$0.030.5%5/2/20175/4/20175/18/2017
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
3/29/2017Thomas F NortonSVPSell45,000$19.81$891,450.00View SEC Filing  
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
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact KB Home (KBH) Stock Price
www.americanbankingnews.com - April 23 at 11:06 PM
businesswire.com logoKB Home Announces the Grand Opening of Watersbend in Fort Worth - Business Wire (press release)
www.businesswire.com - April 22 at 5:21 AM
businesswire.com logoKB Home Publishes 10th Annual Sustainability Report - Business Wire (press release)
www.businesswire.com - April 22 at 5:21 AM
finance.yahoo.com logoKB Home, Canadian Solar and Apple highlighted as Zacks Bull and Bear of the Day
finance.yahoo.com - April 21 at 5:59 PM
americanbankingnews.com logoZacks: Brokerages Anticipate KB Home (KBH) Will Post Quarterly Sales of $921.82 Million
www.americanbankingnews.com - April 21 at 12:45 PM
finance.yahoo.com logoBull of the Day: KB Home (KBH)
finance.yahoo.com - April 21 at 10:27 AM
finance.yahoo.com logoKB Home Publishes 10th Annual Sustainability Report
finance.yahoo.com - April 21 at 10:27 AM
finance.yahoo.com logoKB Home Announces the Grand Opening of Watersbend in Fort Worth
finance.yahoo.com - April 20 at 6:10 PM
finance.yahoo.com logoD.R. Horton (DHI) Q2 Earnings & Revenues Beat, View Raised
finance.yahoo.com - April 20 at 11:12 AM
finance.yahoo.com logoHomebuilders Set Post-Election Highs, Materials Stocks Lag
finance.yahoo.com - April 20 at 11:12 AM
americanbankingnews.com logoKB Home (KBH) Expected to Post Earnings of $0.26 Per Share
www.americanbankingnews.com - April 20 at 12:04 AM
finance.yahoo.com logoKB Home Celebrates Family’s Savings Success in Builder’s 100,000th Energy Star® Home
finance.yahoo.com - April 19 at 11:10 AM
finance.yahoo.com logoKB Home Announces Grand Opening of Loma Mesa in South San Antonio
finance.yahoo.com - April 18 at 5:36 PM
businesswire.com logoKB Home Announces the Grand Opening of Stapleton Wildflower Collection - Business Wire (press release)
www.businesswire.com - April 18 at 10:49 AM
businesswire.com logoKB Home Announces Grand Opening of Loma Mesa in South San Antonio - Business Wire (press release)
www.businesswire.com - April 18 at 10:49 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Likely to Impact KB Home (KBH) Share Price
www.americanbankingnews.com - April 17 at 11:51 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Stapleton Wildflower Collection
finance.yahoo.com - April 17 at 10:39 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Likely to Impact KB Home (KBH) Stock Price
www.americanbankingnews.com - April 14 at 11:07 PM
americanbankingnews.com logoKB Home (KBH) Announces Quarterly Dividend of $0.03
www.americanbankingnews.com - April 13 at 6:46 PM
finance.yahoo.com logoKB Home Declares Second Quarter 2017 Dividend
finance.yahoo.com - April 13 at 5:50 PM
americanbankingnews.com logoKB Home (KBH) Upgraded to "Market Perform" by Raymond James Financial, Inc.
www.americanbankingnews.com - April 13 at 10:31 AM
businesswire.com logoKB Home Earns 2017 ENERGY STAR® Partner of the Year – Sustained Excellence Award, Marking Its Seventh ... - Business Wire (press release)
www.businesswire.com - April 11 at 10:53 PM
investorplace.com logoCan KB Home (KBH) Stock Continue to Grow Earnings? - Investorplace.com
investorplace.com - April 11 at 10:53 PM
finance.yahoo.com logoKB Home Earns 2017 ENERGY STAR® Partner of the Year – Sustained Excellence Award, Marking Its Seventh Consecutive Win
finance.yahoo.com - April 11 at 11:41 AM
finance.yahoo.com logoCan KB Home (KBH) Stock Continue to Grow Earnings?
finance.yahoo.com - April 11 at 11:41 AM
finance.yahoo.com logoETFs with exposure to KB Home : April 10, 2017
finance.yahoo.com - April 10 at 5:47 PM
seekingalpha.com logoKB Home: Offering Investors The Largest Upside In The Housing Sector
seekingalpha.com - April 10 at 10:51 AM
finance.yahoo.com logoKB Home (KBH) Unveils Two Communities in Patterson Ranch
finance.yahoo.com - April 10 at 10:51 AM
finance.yahoo.com logoKB Home :KBH-US: Earnings Analysis: Q1, 2017 By the Numbers : April 7, 2017
finance.yahoo.com - April 7 at 5:58 PM
finance.yahoo.com logoKB Home Announces the Grand Opening of Oak Pointe in North Hills
finance.yahoo.com - April 7 at 10:38 AM
finance.yahoo.com logo5 Stocks to Buy as Construction Spending Hits 11-Year High
finance.yahoo.com - April 7 at 10:38 AM
finance.yahoo.com logo5 Reasons to Add KB Home (KBH) to Your Portfolio Now
finance.yahoo.com - April 7 at 10:38 AM
finance.yahoo.com logoKB Home Introduces Two New Communities at Patterson Ranch in Fremont
finance.yahoo.com - April 7 at 10:38 AM
americanbankingnews.com logoKB Home (KBH) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 5 at 8:34 AM
americanbankingnews.com logoKB Home (KBH) PT Raised to $20.00
www.americanbankingnews.com - April 4 at 8:08 AM
americanbankingnews.com logoKB Home (KBH) SVP Sells $891,450.00 in Stock
www.americanbankingnews.com - March 31 at 7:37 PM
americanbankingnews.com logoKB Home (KBH) Price Target Raised to $21.00
www.americanbankingnews.com - March 31 at 1:25 PM
businesswire.com logoKB Home Announces the Grand Opening of Vineyard Square II in Windermere - Business Wire (press release)
www.businesswire.com - March 31 at 8:39 AM
finance.yahoo.com logoKB Home Announces the Grand Opening of Vineyard Square II in Windermere
finance.yahoo.com - March 31 at 8:39 AM
finance.yahoo.com logo3 Housing Stocks to Buy on Sharp Rebound in Pending Home Sales
finance.yahoo.com - March 30 at 6:26 PM
investopedia.com logoNVR (NVR) Hits a New 52-Week High on Solid Homebuilding
www.investopedia.com - March 30 at 6:26 PM
americanbankingnews.com logoRoyal Bank of Canada Reaffirms "Sector Perform" Rating for KB Home (KBH)
www.americanbankingnews.com - March 30 at 9:25 AM
americanbankingnews.com logoKeefe, Bruyette & Woods Reaffirms Hold Rating for KB Home (KBH)
www.americanbankingnews.com - March 30 at 7:29 AM
americanbankingnews.com logoKB Home (KBH) Stock Rating Reaffirmed by Deutsche Bank AG
www.americanbankingnews.com - March 29 at 3:24 PM
americanbankingnews.com logoKB Home to Post FY2017 Earnings of $1.61 Per Share, KeyCorp Forecasts (KBH)
www.americanbankingnews.com - March 29 at 9:29 AM
thestreet.com logoAnalysts' Actions -- Adobe, Starbucks, Snap, KB Home and More - TheStreet.com
www.thestreet.com - March 28 at 5:44 PM
businesswire.com logoKB Home Celebrates Diamond Anniversary: “60 Years … And ... - Business Wire (press release)
www.businesswire.com - March 28 at 5:44 PM
streetinsider.com logoJMP Securities Downgrades KB Home (KBH) to Market Perform Citing Valuation - StreetInsider.com
www.streetinsider.com - March 28 at 5:44 PM
finance.yahoo.com logoKB Home CEO Says Rate Increase Didn't Slow Sales
finance.yahoo.com - March 28 at 5:44 PM
us.rd.yahoo.com logoKB Home downgraded by JMP Securities
us.rd.yahoo.com - March 28 at 10:56 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, April 13th. Investors of record on Thursday, May 4th will be paid a dividend of $0.025 per share on Thursday, May 18th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date is Tuesday, May 2nd.

How were KB Home's earnings last quarter?

KB Home (NYSE:KBH) issued its quarterly earnings data on Thursday, March, 23rd. The company reported $0.15 EPS for the quarter, beating the Zacks' consensus estimate of $0.13 by $0.02. The company had revenue of $818.60 million for the quarter, compared to analysts' expectations of $797.78 million. KB Home had a return on equity of 6.35% and a net margin of 2.94%. KB Home's revenue was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 EPS.

When will KB Home make its next earnings announcement?

KB Home is scheduled to release their next quarterly earnings announcement on Monday, June, 19th 2017.

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

17 brokers have issued 12-month price targets for KB Home's stock. Their forecasts range from $11.50 to $22.00. On average, they expect KB Home's share price to reach $17.14 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, "The first quarter earnings and sales of KB Home surpassed analysts’ expectations by 7.1% and 2.1%, respectively. The company started 2017 with an impressive 20.7% growth in revenues and double-digit rise in deliveries and housing revenues. Strong orders in value (up 32%) and backlog (up 25%) bode well for the company. Regionally, operations in the West Coast have been the most encouraging. A healthy housing industry and strong demand trends in the markets served by KB Home drove the quarterly results. However, community count, which declined 2.5% during the quarter, is expected to remain flat in the second quarter on a year-over-year basis. 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 the company’s profits." (3/27/2017)
  • 2. Wedbush analysts commented, "We reiterate our OUTPERFORM rating on KBH. KBH raised the FY17 guidance midpoints for revenue to $4.15 billion from $4.0 billion and the operating margin to 6.1% from 6.0% based on much higher F1Q17 order growth than we expected. Consequently, we are lifting our FY17E/FY18E EPS to $1.61/$1.86 from $1.55/$1.75." (3/24/2017)
  • 3. 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 retail and institutional investors. Top institutional investors include Foundry Partners LLC (0.71%), Nationwide Fund Advisors (0.22%), Retirement Systems of Alabama (0.13%), Gateway Investment Advisers LLC (0.09%), Nisa Investment Advisors LLC (0.04%) and Bank of Montreal Can (0.03%). Company insiders that own KB Home stock include Jeffrey T Mezger, Nicholas S Franklin, Robert L Jr Patton and Thomas F Norton.

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 Bank of Montreal Can, Nationwide Fund Advisors and Retirement Systems of Alabama. Company insiders that have sold KB Home stock in the last year include Jeffrey T Mezger and Thomas F Norton.

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

KB Home's stock was purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Hartwell J M Limited Partnership, Capstone Asset Management Co. and Louisiana State Employees Retirement System. 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 $20.44.

KB Home (KBH) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by MarketBeat.com Staff