Media headlines about KB Home (NYSE:KBH) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KB Home earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 45.5276369155309 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- KB Home (KBH) to Release Quarterly Earnings on Monday (americanbankingnews.com)
- KB to Offer Paired Homes in Littleton, Colorado (builderonline.com)
- KB Home Announces the Grand Opening of Jamison Villas in Littleton (finance.yahoo.com)
- KB Home (KBH)’s Volume Moving Average Climbing – Financial News Review (finnewsreview.com)
- Breaking Down the Chart for KB Home (KBH) – Economics and money – Economic News (economicsandmoney.com)
KB Home (KBH) traded up 0.23% during trading on Monday, hitting $21.46. The stock had a trading volume of 381,543 shares. The company’s 50-day moving average is $22.51 and its 200 day moving average is $21.21. KB Home has a 52 week low of $14.06 and a 52 week high of $24.37. The firm has a market cap of $1.84 billion, a PE ratio of 16.53 and a beta of 1.60.
KB Home (NYSE:KBH) last issued its quarterly earnings results on Tuesday, June 27th. The construction company reported $0.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.07. The company had revenue of $1 billion for the quarter, compared to the consensus estimate 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 period in the previous year, the business posted $0.17 EPS. Equities analysts expect that KB Home will post $1.71 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Thursday, August 3rd were given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.47%. The ex-dividend date was Tuesday, August 1st. KB Home’s dividend payout ratio is currently 7.69%.
A number of research firms recently issued reports on KBH. BidaskClub downgraded shares of KB Home from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 11th. MKM Partners reissued a “neutral” rating on shares of KB Home in a research report on Tuesday, September 5th. Wedbush set a $22.00 target price on shares of KB Home and gave the stock a “buy” rating in a research report on Thursday, June 15th. Bank of America Corporation increased their target price on shares of KB Home from $17.00 to $19.00 and gave the stock an “underperform” rating in a research report on Wednesday, June 28th. Finally, Keefe, Bruyette & Woods set a $24.00 target price on shares of KB Home and gave the stock a “hold” rating in a research report on Saturday, August 19th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $19.88.
In other KB Home news, CFO Jeff Kaminski sold 163,017 shares of KB Home stock in a transaction that occurred on Thursday, June 29th. The stock was sold at an average price of $23.40, for a total value of $3,814,597.80. Following the transaction, the chief financial officer now directly owns 178,251 shares of the company’s stock, valued at approximately $4,171,073.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Jeffrey T. Mezger sold 400,000 shares of KB Home stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $22.81, for a total value of $9,124,000.00. Following the completion of the transaction, the insider now directly owns 682,996 shares in the company, valued at $15,579,138.76. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 620,422 shares of company stock worth $14,269,820. Company insiders own 8.60% of the company’s stock.
About KB Home
KB 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.
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