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, July 13th. Investors of record on Thursday, August 3rd will be given a dividend of $0.025 per share on Thursday, August 17th. This represents a $0.10 annualized dividend and a yield of 0.43%. The ex-dividend date is Tuesday, August 1st. View KB Home's Dividend History.

KB Home (NYSE:KBH) released its quarterly earnings results on Tuesday, June, 27th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.07. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $929.85 million. KB Home had a return on equity of 7.11% and a net margin of 3.13%. The company's revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter last year, the business earned $0.17 EPS. View KB Home's Earnings History.

KB Home is scheduled to release their next quarterly earnings announcement on Monday, September, 18th 2017. View Earnings Estimates for KB Home.

17 analysts have issued 12 month target prices for KB Home's shares. Their predictions range from $13.00 to $25.00. On average, they anticipate KB Home's share price to reach $19.86 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 shares outperformed the Zacks categorized Building-Residential/Commercial industry, year to date. It has developed the right strategy to boost scale in existing geographic footprint, improve profitability per unit, generate higher operating margin and drive earnings while simultaneously generating positive cash flow to invest in growth and debt reduction. 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. However, 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." (6/7/2017)
• 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), Crest Nicholson Holdings PLC (CRST), Bovis Homes Group plc (BVS), Taylor Morrison Home Corp (TMHC), LGI Homes (LGIH), Green Brick Partners (GRBK), Beazer Homes USA (BZH), PICO Holdings (PICO), Telford Homes plc (TEF), Countryside Properties PLC (CSP), New Home Company (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
• Timothy W. Finchem, Independent Director
• Stuart A. Gabriel Ph.D., Independent Director
• Thomas W. Gilligan Ph.D., Independent Director

KB Home's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (4.09%), Aperio Group LLC (0.26%), Bank of Montreal Can (0.17%), Gateway Investment Advisers LLC (0.09%), James Investment Research Inc. (0.07%) and Meeder Asset Management Inc. (0.06%). Company insiders that own KB Home stock include Jeff Kaminski, Jeffrey T Mezger, Robert L Jr Patton and Thomas F Norton. 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 Nisa Investment Advisors LLC. Company insiders that have sold KB Home stock in the last year include Jeff Kaminski, Jeffrey T Mezger and Thomas F Norton. 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 Bank of Montreal Can, James Investment Research Inc., Capital One National Association, Alpha Windward LLC, Aperio Group LLC, Capstone Asset Management Co., Oregon Public Employees Retirement Fund and Creative Planning. 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 $23.36.