KB Home (KBH) Scheduled to Post Earnings on Tuesday

KB Home (NYSE:KBH - Get Free Report) is scheduled to be releasing its earnings results after the market closes on Tuesday, September 24th. Analysts expect KB Home to post earnings of $2.04 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.

KB Home (NYSE:KBH - Get Free Report) last posted its earnings results on Tuesday, June 18th. The construction company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.37. The business had revenue of $1.71 billion for the quarter, compared to analysts' expectations of $1.64 billion. KB Home had a net margin of 9.43% and a return on equity of 15.66%. On average, analysts expect KB Home to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

KB Home Trading Up 0.4 %

Shares of KB Home stock traded up $0.34 during trading on Tuesday, hitting $86.75. The stock had a trading volume of 867,981 shares, compared to its average volume of 1,252,061. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of 11.43, a P/E/G ratio of 0.80 and a beta of 1.81. KB Home has a 12 month low of $42.11 and a 12 month high of $88.31. The business's 50-day moving average is $80.63 and its 200 day moving average is $72.56.

KB Home Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Shareholders of record on Thursday, August 8th were paid a $0.25 dividend. The ex-dividend date was Thursday, August 8th. This represents a $1.00 dividend on an annualized basis and a yield of 1.15%. KB Home's dividend payout ratio is currently 13.23%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wells Fargo & Company upped their price objective on shares of KB Home from $70.00 to $80.00 and gave the stock an "equal weight" rating in a research report on Monday, September 9th. Evercore ISI increased their price objective on KB Home from $86.00 to $89.00 and gave the company an "outperform" rating in a research report on Monday, July 15th. Wedbush restated a "neutral" rating and issued a $67.00 target price on shares of KB Home in a research report on Thursday, September 12th. The Goldman Sachs Group upped their target price on KB Home from $72.00 to $82.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 3rd. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of KB Home from $74.00 to $77.00 and gave the stock a "market perform" rating in a report on Thursday, June 20th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $73.71.

About KB Home

KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers.