News coverage about KB Home (NYSE:KBH) has been trending positive this week, Alpha One Sentiment reports. Alpha One, a service of Accern, scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. KB Home earned a daily sentiment score of 0.46 on Alpha One’s scale. Alpha One also assigned news coverage about the construction company an impact score of 79 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Alpha One’s rankings:
- KB Home Opens Neighborhood in New Braunfels (builderonline.com)
- KB Home : Announces the Grand Opening of Legend Point-The Reserves in New Braunfels (4-traders.com)
- KB Home Shares Up 34.7% Since SmarTrend’s Buy Recommendation (KBH) (mysmartrend.com)
- The Mizuho Begins Coverage on KB Home (KBH) – BangaloreWeekly (bangaloreweekly.com)
- KB Home Announces the Grand Opening of Legend Point–The Reserves in New Braunfels – Business Wire (press release) (businesswire.com)
Shares of KB Home (NYSE:KBH) traded up 2.14% during mid-day trading on Friday, reaching $21.44. 2,517,147 shares of the company traded hands. KB Home has a 52-week low of $12.67 and a 52-week high of $21.64. The stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of 18.81 and a beta of 1.93. The company’s 50 day moving average is $20.44 and its 200 day moving average is $17.65.
KB Home (NYSE:KBH) last announced its earnings results on Thursday, March 23rd. The construction company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. The company had revenue of $818.60 million for the quarter, compared to analyst estimates of $797.78 million. KB Home had a return on equity of 6.35% and a net margin of 2.94%. KB Home’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share. On average, equities analysts forecast that KB Home will post $1.59 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, May 18th. Stockholders of record on Thursday, May 4th were given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date was Tuesday, May 2nd. KB Home’s dividend payout ratio (DPR) is presently 8.85%.
Several equities analysts have recently weighed in on KBH shares. Mizuho started coverage on shares of KB Home in a report on Tuesday. They set a “neutral” rating and a $20.00 target price for the company. Raymond James Financial, Inc. raised shares of KB Home from an “underperform” rating to a “market perform” rating in a report on Thursday, April 13th. Deutsche Bank AG lifted their target price on shares of KB Home from $17.00 to $20.00 and gave the company a “hold” rating in a report on Wednesday, March 29th. Zacks Investment Research raised shares of KB Home from a “sell” rating to a “hold” rating and set a $22.00 target price for the company in a report on Monday, March 27th. Finally, Citigroup Inc lifted their target price on shares of KB Home from $17.00 to $21.00 and gave the company a “neutral” rating in a report on Monday, March 27th. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company. KB Home presently has a consensus rating of “Hold” and an average price target of $17.63.
In other news, SVP Thomas F. Norton sold 45,000 shares of the business’s stock in a transaction on Wednesday, March 29th. The stock was sold at an average price of $19.81, for a total transaction of $891,450.00. Following the sale, the senior vice president now directly owns 106,429 shares of the company’s stock, valued at $2,108,358.49. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 8.60% of the stock is owned by insiders.
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.
Receive News & Ratings for KB Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KB Home and related companies with MarketBeat.com's FREE daily email newsletter.