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 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.

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.

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

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.

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), Taylor Morrison Home Corp (TMHC), Countryside Properties PLC (CSP), 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

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.

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.

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.

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 $27.05.