Profile
Sector:
Consumer CyclicalIndustry:
Residential ConstructionCountry:
United StatesIPO:
01 August 1986Website:
http://www.kbhome.comNext earnings report:
20 September 2024Last dividends:
08 May 2024Next dividends:
N/APrice
after hours | 75 min agoAnalysts recommendations
Institutional Ownership
KBH Latest News
KB Home (KBH) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Revenue and EPS have been above analyst estimates in the past quarter, but revenue has declined compared to the prior year. The profitability of the firm has not improved and remains relatively weak relative to industry peers. Share repurchases and dividend payments highlight the commitment to returning value to shareholders, while stock is considered fairly valued.
KB Home (KBH) to benefit from favorable longer-term housing market conditions, including a shortage of new and resale homes, robust employment, wage growth and rising household formations.
Zacks.com users have recently been watching KB Home (KBH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
High mortgage rates and rising costs are dampening homebuilder confidence.
KB Home KBH posted better-than-expected earnings and sales results for its second quarter on Tuesday.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
KB Home (NYSE:KBH ) Q2 2024 Earnings Conference Call June 18, 2024 5:00 PM ET Company Participants Jill Peters - Senior Vice President of Investor Relations Jeffrey Mezger - Chairman and Chief Executive Officer Robert McGibney - President and Chief Operating Officer Jeff Kaminski - Executive Vice President and Chief Financial Officer Conference Call Participants John Lovallo - UBS Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Chase & Co. Anika Dholakia - Barclays Alan Ratner - Zelman & Associates Susan Maklari - Goldman Sachs Group, Inc. Jay McCanless - Wedbush Securities Operator Good afternoon. My name is John, and I'll be your conference operator today.
Although the revenue and EPS for KB Home (KBH) give a sense of how its business performed in the quarter ended May 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
KB Home (KBH) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.94 per share a year ago.
What type of business is KB Home?
KB Home is one of the largest and most well-known homebuilding companies in the USA. Founded in 1957, over the course of more than 60 years of operation, the company has delivered more than 645,000 homes. Headquarters: Los Angeles, California, USA. Founders: Eli Broad, Donald Bruce Kaufman. The company specializes in the construction of new homes, including multi-story homes, single-family homes, townhouses, and condominiums. It offers homes in its own developed suburban and urban areas. The company's range of offerings is wide, from smaller homes with high density (suitable for younger buyers) to larger properties - standalone homes in prestigious areas with additional comfort options.
What sector is KB Home in?
KB Home is in the Consumer Cyclical sector
What industry is KB Home in?
KB Home is in the Residential Construction industry
What country is KB Home from?
KB Home is headquartered in United States
When did KB Home go public?
KB Home initial public offering (IPO) was on 01 August 1986
What is KB Home website?
https://www.kbhome.com
Is KB Home in the S&P 500?
No, KB Home is not included in the S&P 500 index
Is KB Home in the NASDAQ 100?
No, KB Home is not included in the NASDAQ 100 index
Is KB Home in the Dow Jones?
No, KB Home is not included in the Dow Jones index
When does KB Home report earnings?
The next expected earnings date for KB Home is 20 September 2024