KB Home Company Profile (NYSE:KBH)

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

KB Home declared a quarterly dividend on Thursday, October 5th. Stockholders of record on Thursday, November 2nd will be given 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 is Wednesday, November 1st. View KB Home's Dividend History.

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

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

16 analysts have issued twelve-month target prices for KB Home's shares. Their predictions range from $14.00 to $26.00. On average, they expect KB Home's share price to reach $21.50 in the next year. View Analyst Ratings for KB Home.

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)

Some companies that are related to KB Home include Bellway plc (BWY), Redrow plc (RDW), Ryland Group (RYL), Countryside Properties PLC (CSP), Taylor Morrison Home Corp (TMHC), Bovis Homes Group plc (BVS), Crest Nicholson Holdings PLC (CRST), LGI Homes (LGIH), Beazer Homes USA (BZH), Green Brick Partners (GRBK), PICO Holdings (PICO), Telford Homes plc (TEF), New Home Company Inc. (The) (NWHM) and Brookfield Residential Properties (BRP).

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

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.

One share of KB Home stock can currently be purchased for approximately $27.03.