KE (BEKE) Stock Price, News & Analysis

Company Overview

KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services. The company operates Beike, an integrated online and offline platform for housing transactions and services; Lianjia, a real estate brokerage branded store; Agent Cooperation Network, an operating system that fosters reciprocity and bonding among various service providers; and software-as-a-service systems. It also owns the Deyou brand for connected brokerage stores; and other brands. In addition, the company offers contract, secure payment, escrow, and other services. KE Holdings Inc. was founded in 2001 and is headquartered in Beijing, the People's Republic of China.

Key Stats

• Today's Range: $17.89 to $18.56
• 50-Day Range: $18.26 to $23.50
• 52-Week Range: $12.44 to $26.05
• Volume: 5.10 million shs
• Average Volume: 9.25 million shs
• Market Capitalization: $22.21 billion
• P/E Ratio: 37.51
• Dividend Yield: 1.63%
• Price Target: $26.65
• Consensus Rating: Buy

KE Stock Analysis - MarketRank™

KE scored higher than 86% of companies evaluated by MarketBeat, and ranked 233rd out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

KE has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

KE has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 40.30%

Earnings Growth

Earnings for KE are expected to grow by 40.30% in the coming year, from $0.67 to $0.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of KE is 37.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of KE is 37.51, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.86.

Price to Earnings Growth Ratio

KE has a PEG Ratio of 4.76. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

KE has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.94% of the outstanding shares of KE have been sold short.

Short Interest Ratio / Days to Cover

KE has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in KE has recently increased by 5.08%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

KE pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

KE does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of KE is 61.22%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, KE will have a dividend payout ratio of 31.91% next year. This indicates that KE will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.94% of the outstanding shares of KE have been sold short.

Short Interest Ratio / Days to Cover

KE has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in KE has recently increased by 5.08%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 1.50

News Sentiment

KE has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for KE this week, compared to 5 articles on an average week.

Search Interest

7 people have searched for BEKE on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.

MarketBeat Follows

6 people have added KE to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, KE insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.80% of the stock of KE is held by insiders.

Percentage Held by Institutions

Only 39.34% of the stock of KE is held by institutions.

BEKE Stock Analysis - Frequently Asked Questions

How have BEKE shares performed this year?

KE's stock was trading at $16.21 at the beginning of the year. Since then, BEKE shares have increased by 13.4% and is now trading at $18.38.
View the best growth stocks for 2024 here.

How were KE's earnings last quarter?

KE Holdings Inc. (NYSE:BEKE) issued its quarterly earnings data on Monday, August, 12th. The company reported $2.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $2.06. The company's revenue for the quarter was up 19.9% on a year-over-year basis.

When did KE IPO?

KE (BEKE) raised $1.9 billion in an IPO on Thursday, August 13th 2020. The company issued 106,000,000 shares at $17.00-$19.00 per share. Goldman Sachs, Morgan Stanley, China Renaissance, J.P. Morgan and CICC served as the underwriters for the IPO and UBS Investment Bank, CLSA, Credit Suisse and CMBI were co-managers.

Who are KE's major shareholders?

Top institutional shareholders of KE include Krane Funds Advisors LLC (1.22%), Wellington Management Group LLP (1.07%), Alkeon Capital Management LLC (0.90%) and Hhlr Advisors LTD. (0.89%).

How do I buy shares of KE?

Shares of BEKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of KE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that KE investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate agents & managers
• Sub-Industry: Real Estate
• Current Symbol: NYSE:BEKE
• CUSIP: N/A
• CIK: 1809587
• Web: ke.com
• Phone: 86-10-5810-4689
• Fax: N/A
• Employees: 116,344
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.65
• High Stock Price Target: $33.00
• Low Stock Price Target: $21.80
• Potential Upside/Downside: +45.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 37.51
• Forward P/E Ratio: 27.43
• P/E Growth: 4.76
• Net Income: $828.64 million
• Net Margins: 5.03%
• Pretax Margin: 7.21%
• Return on Equity: 6.55%
• Return on Assets: 3.82%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.19
• Quick Ratio: 3.19

Sales & Book Value

• Annual Sales: $82.54 billion
• Price / Sales: 0.27
• Cash Flow: $0.81 per share
• Price / Cash Flow: 22.59
• Book Value: $8.19 per share
• Price / Book: 2.24

Miscellaneous

• Outstanding Shares: 1,208,343,000
• Free Float: 1,126,176,000
• Market Cap: $22.21 billion
• Optionable: Optionable
• Beta: -0.77