On Wednesday, KB Home (NYSE: KBH) released its first-quarter results report. According to information provided by Briefing.com, the earnings per share for the construction company came in at $2.86 for the quarter. This figure represents an increase of $0.19 compared to the average projection made by analysts. The company’s total revenues for the period were $1.84 billion, which was lower than the typical prediction of $1.90 billion. KB Home achieved a return on equity of 24.60%, and the net margin for the company was 11.67%. Compared to the same period from the current quarter of the year before, the rise in revenue was 25.8 percentage points higher. The corporation made a profit of $1.64 per share during the same period the year before.

In addition, the business had just announced a quarterly dividend, which was paid out on the 18th of this particular month. The dividend payment was equivalent to $0.15 per share and was distributed to all shareholders who were record holders as of August 4. This equates to an annual dividend payout of $0.60 and a dividend yield of 2.26% for the Stock each year. On August 3, a Wednesday, the dividend was discontinued and no longer payable. KB Home pays out 7.01 percent of its annual profits in dividends to shareholders. On Friday, a share of KBH stock was set at $26.60 when trading began. During the last year and a half, the price of KB Home has ranged from a low of $24.78 to a high of $50.20. The company has a P/E ratio of 3.11, a PEG ratio of 0.37, and a beta value of 1.64, and its market capitalization is presently sitting at $2.32 billion.

In addition, the PEG ratio of the company is 0.37. The moving averages of the company’s stock price over the previous 50 days come in at $30.51; over the last 200 days, they stand at $31.93. In the most recent few months, several institutional investors and hedge funds among a diverse group of investors have altered how they hold their stakes in the company. Lazard Asset Management LLC made a new investment in KB Home, totaling about $40,000 during the year’s first three months. During the first three months of the year, Acadian Asset Management LLC increased the number of KB Home shares it bought by 35.5%. As a result of Acadian Asset Management LLC’s purchase of 568 new shares during the most recent quarter, the company now directly owns 2,169 shares in the construction firm, which has resulted in the shares’ value increasing to $69,000. Captrust Financial Advisors increased its holdings of KB Home stock by 27.4 percent during the second quarter of the fiscal year.

During the most recent fiscal quarter, Captrust Financial Advisors purchased an additional 1,251 construction company shares. As a result, the firm now owns 5,825 shares, which have a value of $166,000 (based on today’s closing price) following the company’s stock. Eqis Capital Management Inc. made a new investment in KB Home worth a total of $201,000 during the first three months of 2018. qPULA Trading Management LP made an extra investment of $200,000 in KB Home during the first three months of 2018 to purchase a new position in the company. In all, 91.45% of the company’s stock is owned by institutions, which are represented by their portfolios.

Recent articles in various publications feature the commentary of research analysts offering their perspectives on the organization. In research published on Thursday, Evercore ISI lowered both its “outperform” rating for KB Home and its price objective for the company from $50 to $46, respectively. After the study findings were made public on Friday, June 17, TheStreet downgraded their previous evaluation of KB Home from “b-” to “c+.” According to a research report published on Thursday, Barclays lowered their “overweight” rating on KB Home shares and slashed their price target for those shares from $43.00 to $41.00. Wedbush indicated on Thursday that they had decreased their price objective for KB Home from $60.00 to $44.00. This information was included in a report that was made public on Thursday.

In a research note issued on Monday, July 11, Credit Suisse Group downgraded KB Home from “outperform” to “neutral” in a research note. They also dropped their target price for the firm from $42 to $35. The last and most significant modification was made here. There is one analyst who recommends selling the stock, four who recommend keeping the stock in one’s portfolio, eleven who recommend buying the stock, and one who recommends heavily purchasing the stock. According to Bloomberg.com, the company currently has a consensus rating of “Moderate Buy,” The average price goal has been set at $39.00.

KB Home is a building company headquartered in the United States. The West Coast, the Southwest, the Central Region, and the Southeast Region are the four regions that comprise this country. The Central Region is in the middle. It concentrates on building single-family houses, townhomes, condominiums, connected single-family homes, and detached single-family homes to cater mostly to first-time buyers, purchasers trying to move up, active adult buyers, and buyers looking to move up.

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