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Tuesday, January 31, 2023

Are Things Looking Up For KB Home (NYSE: KBH)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for KB Home (KBH) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $33.75. The KB Home has recorded 27,554 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted KB Home Announces the Grand Opening of Scenic Pass, a New-Home Community in Austin, Texas.


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Stocks Info

The company is listed on the NYSE and operates within the Residential Construction industry segment. At the end of the last regular session, the stock closed at $33.75 and fluctuated between $33.79 as its day high and $32.52 as its day low. The current market capitalization of KB Home is $2.90B. A total of 1.16 million shares were traded on the day, compared to an average of 1.30M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, KBH has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 31,913 shares. Over the last 12 months, there were 20 BUYs and 12 SELLs from insiders. Insiders purchased 780,131 shares during that period but sold 361,961.

In the most recent transaction, PRAW ALBERT Z sold 29,777 shares of KBH for 28.77 per share on Oct 27. After the transaction, the EVP, Real Estate & Bus. Dev. now owns 143,363 company shares.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. KB Home pays an annual dividend of $0.60, resulting in a dividend yield of 1.78%, and it has a price to earnings (P/E) ratio of 3.94. KBH’s most recent ex-dividend date was 11/9/2022 when it declared a $0.15 quarterly dividend that was paid in cash on 11/23/2022. Previously, the company paid the dividend on 8/18/2022 with an ex-dividend date of 8/3/2022. The KBH stock dividend was $0.15 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for KBH in the last 3 months, the mean price target is $37.64 with high estimates of $45.00 and low estimates of $24.00. In terms of 52-week highs and lows, KBH has a high of $50.20 and a low of $24.78.

As of this writing, KBH has an earnings estimate of $2.94 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $3.03 per share and a lower estimate of $2.87. The company reported an EPS of $2.32 in the last quarter, which was 14.30% higher than expectations of $2.03.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 16 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KBH is Underweight with a score of 4.42. A total of 6 analysts rated the stock as Buy while 1 rated it as Overweight while 7 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.

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