KB Home (NYSE: KBH) May Be Attracting Institutional Investments

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. Recently, Yahoo Finance discussed the stock, revealing that KB Home Announces the Grand Opening of Its Newest Community, in Riverside, California.

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Stocks Info

KB Home is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Residential Construction industry. The current market capitalization of KB Home is $4.83B. A total of 0.93 million shares were traded on the day, compared to an average of 1.15M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, KBH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 14 SELLs from insiders. Insiders purchased 343,881 shares during that period but sold 378,789.

In the most recent transaction, PRAW ALBERT Z sold 32,528 shares of KBH for 60.76 per share on Feb 14. After the transaction, the EVP, Real Estate & Bus. Dev. now owns 135,512 company shares. In a previous transaction on Feb 14, McGibney Robert V. sold 14,781 shares at 60.86 per share. KBH shares that President and COO owns now total 26,008.

Among the insiders who sold shares, Gabriel Stuart A disposed of 12,500 shares on Feb 14 at a per-share price of $61.00. This resulted in the Director holding 35,292 shares of KBH after the transaction. In another insider transaction, Woram Brian J sold 83,272 shares at $60.53 per share on Jan 30. Company shares held by the EVP and General Counsel now total 156,119.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. KB Home pays an annual dividend of $0.75, resulting in a dividend yield of 1.18%, and it has a price to earnings (P/E) ratio of 9.05. KBH’s most recent ex-dividend date was 2/7/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 2/22/2024. Previously, the company paid the dividend on 11/22/2023 with an ex-dividend date of 11/8/2023. The KBH stock dividend was $0.20 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for KBH in the last 3 months, the mean price target is $65.88 with high estimates of $82.00 and low estimates of $50.00. In terms of 52-week highs and lows, KBH has a high of $64.21 and a low of $33.92.

As of this writing, KBH has an earnings estimate of $1.57 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.69 per share and a lower estimate of $1.48. The company reported an EPS of $1.8 in the last quarter, which was 25.90% higher than expectations of $1.43.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. KBH’s latest balance sheet shows that the firm has $292.14M in Cash & Short Term Investments as of fiscal 2021. There were $1.71B in debt and $777.29M in liabilities at the time. Its Book Value Per Share was $50.22, while its Total Shareholder’s Equity was $3.02B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 3.36.

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