KB Home (NYSE:KBH – Get Free Report) released its earnings results on Tuesday. The construction company reported $2.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.02), Briefing.com reports. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.73 billion. KB Home had a return on equity of 15.66% and a net margin of 9.43%. KB Home’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the company posted $1.80 EPS.
KB Home Stock Up 0.9 %
Shares of NYSE KBH opened at $83.50 on Thursday. The business’s 50 day moving average price is $82.37 and its two-hundred day moving average price is $73.43. The company has a market cap of $6.28 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 0.89 and a beta of 1.81. KB Home has a twelve month low of $42.11 and a twelve month high of $89.70.
KB Home Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 8th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, August 8th. KB Home’s payout ratio is currently 13.23%.
Wall Street Analyst Weigh In
KB Home Company Profile
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.
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