KB Home Company Profile (NYSE:KBH)

About KB Home (NYSE: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: Homebuilding
  • Sub-Industry: Homebuilding
  • Symbol: NYSE:KBH
  • CUSIP: 48666K10
  • Web: www.kbhome.com
Capitalization:
  • Market Cap: $2.33982 billion
  • Outstanding Shares: 86,500,000
Average Prices:
  • 50 Day Moving Avg: $23.60
  • 200 Day Moving Avg: $22.35
  • 52 Week Range: $14.06 - $27.67
P/E:
  • Trailing P/E Ratio: 19.38
  • Foreward P/E Ratio: 12.58
  • P/E Growth: 0.63
Sales & Book Value:
  • Annual Revenue: $4.16 billion
  • Price / Sales: 0.56
  • Book Value: $21.28 per share
  • Price / Book: 1.27
Dividend:
  • Annual Dividend: $0.10
  • Dividend Yield: 0.4%
Profitability:
  • EBITDA: $268.93 million
  • Net Margins: 3.22%
  • Return on Equity: 7.57%
  • Return on Assets: 2.66%
Debt:
  • Current Ratio: 1.30%
  • Quick Ratio: 0.22%
Misc:
  • Average Volume: 2.44 million shs.
  • Beta: 1.54
  • Short Ratio: 3.77
 

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 declared a quarterly dividend on Thursday, October 5th. Stockholders of record on Thursday, November 2nd will be paid a dividend of $0.025 per share on Thursday, November 16th. This represents a $0.10 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Wednesday, November 1st. View KB Home's Dividend History.

How were KB Home's earnings last quarter?

KB Home (NYSE:KBH) issued its quarterly earnings results on Thursday, September, 28th. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.04. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. KB Home had a net margin of 3.22% and a return on equity of 7.57%. The company's revenue was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.42 EPS. View KB Home's Earnings History.

When will KB Home make its next earnings announcement?

KB Home is scheduled to release their next quarterly earnings announcement on Wednesday, January, 10th 2018. View Earnings Estimates for KB Home.

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

16 brokerages have issued 1-year target prices for KB Home's stock. Their forecasts range from $14.00 to $26.00. On average, they anticipate KB Home's stock price to reach $21.50 in the next twelve months. View Analyst Ratings for KB Home.

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, "KB Home came up with stellar quarterly results once again on solid housing fundamentals. Earnings and sales surpassed analysts’ expectations by 8.5% and 2.1%, respectively, in third-quarter fiscal 2017. The company reported impressive 25.3% growth in revenues banking on an 11% increase in deliveries. Earnings in the quarter grew more than 21% year over year, helped by solid margins. Its adjusted housing gross profit margin improved 50 basis points (bps). This was primarily attributed to 12% rise in average selling price. Also, adjusted homebuilding operating margin surged 140 bps. The upside was primarily driven by an ongoing housing market recovery and favorable industry fundamentals. The company also expects the uptrend to continue to 2018. KB Home shares have widely outperformed the homebuilding industry, year to date. Also, the trend in current-year earnings estimate revisions is satisfactory. Estimates moved upward over the past seven days.<" (10/4/2017)
  • 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 are some of KB Home's key competitors?

Who are KB Home's key executives?

KB Home's management team includes the folowing people:

  • Jeffrey T. Mezger, Chairman of the Board, President, Chief Executive Officer
  • Jeff J. Kaminski, Chief Financial Officer, Executive Vice President
  • Brian J. Woram, Executive Vice President, General Counsel
  • Albert Z. Praw, Executive Vice President - Real Estate and Business Development
  • Thomas F. Norton, Senior Vice President - Human Resources
  • William R. Hollinger, Senior Vice President, Chief Accounting Officer
  • Melissa Lora, Lead Independent Director
  • Dorene C. Dominguez, Independent Director
  • Timothy W. Finchem, Independent Director
  • Stuart A. Gabriel Ph.D., Independent Director

Who owns KB Home stock?

KB Home's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (3.99%), APG Asset Management N.V. (0.13%), Robeco Institutional Asset Management B.V. (0.08%) and State Treasurer State of Michigan (0.04%). Company insiders that own KB Home stock include Albert Z Praw, Brian J Woram, Jeff Kaminski, Jeffrey T Mezger, Robert L Jr Patton, Thomas F Norton and William R Hollinger. View Institutional Ownership Trends for KB Home.

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 Fisher Asset Management LLC and State Treasurer State of Michigan. Company insiders that have sold KB Home stock in the last year include Albert Z Praw, Brian J Woram, Jeff Kaminski, Jeffrey T Mezger, Thomas F Norton and William R Hollinger. View Insider Buying and Selling for KB Home.

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 APG Asset Management N.V. and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for KB Home.

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.

What is KB Home's stock price today?

One share of KB Home stock can currently be purchased for approximately $27.05.


MarketBeat Community Rating for KB Home (NYSE KBH)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  733 (Vote Underperform)
Total Votes:  961
MarketBeat's community ratings are surveys of what our community members think about KB Home and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for KB Home (NYSE:KBH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Sell Ratings, 12 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $21.50 (20.52% downside)
Consensus Price Target History for KB Home (NYSE:KBH)
Price Target History for KB Home (NYSE:KBH)
Analysts' Ratings History for KB Home (NYSE:KBH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017WedbushDowngradeOutperform -> NeutralN/AView Rating Details
10/2/2017MKM PartnersReiterated RatingNeutral$24.00 -> $26.00LowView Rating Details
10/2/2017Deutsche Bank AGReiterated RatingHold$23.00 -> $24.00LowView Rating Details
10/2/2017BTIG ResearchReiterated RatingSell$16.00LowView Rating Details
9/29/2017Keefe, Bruyette & WoodsReiterated RatingHold$24.00HighView Rating Details
9/29/2017Barclays PLCBoost Price TargetUnderweight$17.00 -> $18.00HighView Rating Details
9/29/2017Buckingham ResearchReiterated RatingNeutral$21.00 -> $22.00MediumView Rating Details
9/29/2017Credit Suisse GroupBoost Price TargetNeutral$24.00 -> $25.00MediumView Rating Details
9/29/2017MizuhoUpgradeUnderperform -> Neutral$21.00HighView Rating Details
9/26/2017KeyCorpReiterated RatingHoldLowView Rating Details
8/29/2017Royal Bank Of CanadaReiterated RatingHold$25.00MediumView Rating Details
6/28/2017Bank of America CorporationBoost Price TargetUnderperform$17.00 -> $19.00MediumView Rating Details
4/13/2017Raymond James Financial, Inc.UpgradeUnderperform -> Market PerformLowView Rating Details
3/27/2017Citigroup Inc.Boost Price TargetNeutral$17.00 -> $21.00LowView Rating Details
3/27/2017JMP SecuritiesDowngradeOutperform -> Market PerformLowView Rating Details
1/12/2017Evercore ISIDowngradeHold -> Sell$14.00N/AView Rating Details
9/28/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
9/22/2016FBR & CoReiterated RatingMarket Perform$16.00N/AView Rating Details
7/18/2016ArgusReiterated RatingHoldN/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
(Data available from 10/22/2015 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
1/9/2018$0.75N/AView Earnings Details
9/28/2017Q3 2017$0.47$0.51$1.12 billion$1.14 billionViewN/AView Earnings Details
6/27/2017Q2 17$0.26$0.33$929.85 million$1.00 billionViewN/AView Earnings Details
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: $1.65
2018 EPS Consensus Estimate: $2.00
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$0.76$0.78$0.77
Q1 20181$0.22$0.22$0.22
Q2 20181$0.41$0.41$0.41
Q3 20181$0.56$0.56$0.56
Q4 20181$0.81$0.81$0.81
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for KB Home (NYSE:KBH)
Next Dividend:11/16/2017
Annual Dividend:$0.10
Dividend Yield:0.37%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:7.19% (Trailing 12 Months of Earnings)
5.68% (Based on This Year's Estimates)
4.65% (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
10/5/2017quarterly$0.030.39%11/1/201711/2/201711/16/2017
7/13/2017quarterly$0.030.42%8/1/20178/3/20178/17/2017
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: 97.28%
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
10/12/2017Brian J WoramEVPSell49,529$27.11$1,342,731.19View SEC Filing  
10/9/2017Albert Z PrawEVPSell150,000$25.85$3,877,500.00View SEC Filing  
8/14/2017Jeffrey T MezgerInsiderSell400,000$22.81$9,124,000.00View SEC Filing  
8/9/2017William R HollingerSVPSell57,405$23.19$1,331,221.95View SEC Filing  
6/29/2017Jeff KaminskiCFOSell163,017$23.40$3,814,597.80View SEC Filing  
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)
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Chart

KB Home (KBH) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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