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Saturday, June 3, 2023

Value Investing Philosophy And KB Home (NYSE: KBH)?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for KB Home (KBH) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.11, or 0.24%, to $46.14. The KB Home has recorded 22,603 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed KB Home Announces the Grand Opening of its Newest Community in Popular Riverview, Florida.

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Stocks Info

This NYSE-listed company operates within the Residential Construction industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $46.03 and fluctuated between $46.28 as its day high and $45.59 as its day low. The current market capitalization of KB Home is $3.81B. A total of 1.96 million shares were traded on the day, compared to an average of 1.70M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, KBH has seen 5 BUY and 6 SELL insider trades, representing the acquisition of 471,752 and the disposition of 217,695 shares. Over the last 12 months, there were 8 BUYs and 8 SELLs from insiders. Insiders purchased 539,577 shares during that period but sold 249,608.

In the most recent transaction, MEZGER JEFFREY T sold 150,000 shares of KBH for 45.26 per share on May 16. After the transaction, the President and CEO now owns 1,472,577 company shares. In a previous transaction on Oct 27, PRAW ALBERT Z sold 29,777 shares at 28.77 per share. KBH shares that EVP, Real Estate & Bus. Dev. owns now total 143,363.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. KB Home pays an annual dividend of $0.60, resulting in a dividend yield of 1.30%, and it has a price to earnings (P/E) ratio of 5.03. KBH’s most recent ex-dividend date was 5/3/2023 when it declared a $0.15 quarterly dividend that was paid in cash on 5/18/2023. Previously, the company paid the dividend on 2/16/2023 with an ex-dividend date of 2/1/2023. The KBH stock dividend was $0.15 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for KBH in the last 3 months, the mean price target is $43.32 with high estimates of $55.00 and low estimates of $29.00. In terms of 52-week highs and lows, KBH has a high of $46.91 and a low of $24.78.

As of this writing, KBH has an earnings estimate of $1.31 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.47 per share and a lower estimate of $1.09. The company reported an EPS of $2.47 in the last quarter, which was -13.60% lower than expectations of $2.86.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. KBH’s latest balance sheet shows that the firm has $290.76M in Cash & Short Term Investments as of fiscal 2021. There were $1.69B in debt and $1.13B in liabilities at the time. Its Book Value Per Share was $44.27, while its Total Shareholder’s Equity was $3.02B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 4.09.

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