KB Home (NYSE:KBH) announced a quarterly dividend on Thursday, October 3rd, RTT News reports. Shareholders of record on Thursday, November 7th will be paid a dividend of 0.09 per share by the construction company on Thursday, November 28th. This represents a $0.36 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend is Wednesday, November 13th.
KBH stock traded up $0.18 during mid-day trading on Wednesday, hitting $34.52. 833,707 shares of the company were exchanged, compared to its average volume of 1,729,912. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.52 and a current ratio of 4.82. The firm has a market cap of $3.06 billion, a P/E ratio of 12.24, a P/E/G ratio of 1.31 and a beta of 1.27. The firm’s 50 day simple moving average is $34.97 and its 200 day simple moving average is $29.66. KB Home has a 1-year low of $18.24 and a 1-year high of $37.40.
KB Home (NYSE:KBH) last posted its quarterly earnings data on Wednesday, September 25th. The construction company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.07. KB Home had a net margin of 5.58% and a return on equity of 11.18%. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same period last year, the company earned $0.87 earnings per share. The firm’s revenue was down 5.3% compared to the same quarter last year. On average, equities research analysts predict that KB Home will post 2.85 EPS for the current fiscal year.
In other news, EVP Brian J. Woram sold 41,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $30.09, for a total value of $1,233,690.00. Following the completion of the sale, the executive vice president now owns 182,770 shares of the company’s stock, valued at $5,499,549.30. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jeff Kaminski sold 13,657 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $36.26, for a total transaction of $495,202.82. Following the completion of the sale, the chief financial officer now directly owns 112,033 shares of the company’s stock, valued at approximately $4,062,316.58. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 470,643 shares of company stock valued at $16,120,743. Company insiders own 7.32% of the company’s stock.
About KB Home
KB Home operates as a homebuilding company in the United States. It operates in four segments: West Coast, Southwest, Central, and Southeast. The company builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, and active adult homebuyers.
Further Reading: Price-Sales Ratio
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