KB Home (KBH)
(Delayed Data from NYSE)
$87.23 USD
-2.40 (-2.68%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $87.10 -0.13 (-0.15%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth C Momentum B VGM
Company Summary
Based in Los Angeles, CA, KB Home is a well-known homebuilder in the United States and one of the largest in the state. The company’s revenues are generated from Homebuilding (accounting for 99.5% of fiscal 2023 total revenues) and Financial Services (0.5%) operations.
The company’s Homebuilding operations include building and designing homes that cater to first-time, move-up and active adult homebuyers on acquired or developed lands. KB Home also builds attached and detached single-family homes, town homes and condominiums.
There are four main reportable segments within the homebuilding reporting segment based ...
Company Summary
Based in Los Angeles, CA, KB Home is a well-known homebuilder in the United States and one of the largest in the state. The company’s revenues are generated from Homebuilding (accounting for 99.5% of fiscal 2023 total revenues) and Financial Services (0.5%) operations.
The company’s Homebuilding operations include building and designing homes that cater to first-time, move-up and active adult homebuyers on acquired or developed lands. KB Home also builds attached and detached single-family homes, town homes and condominiums.
There are four main reportable segments within the homebuilding reporting segment based on geographical presence: West Coast (comprising Washington, California and Idaho), Southwest (comprising Arizona and Nevada), Central (constituting Colorado and Texas) and Southeast (including Florida and North Carolina).
KB Home’s Financial Services operations offer mortgage banking, title and insurance services to homebuyers. This segment earns revenues mainly from insurance commissions and the provision of title services.
The company ended the second quarter of fiscal 2024 with $643.5 million of cash and cash equivalents compared with $727.1 million in the fiscal 2023 end. The company has a total liquidity of $1.73 billion, including $1.08 billion of available capacity under the unsecured revolving credit facility, with no outstanding cash borrowings.
It had a debt to capital of 29.8%, down 90 basis points (bps) from 30.7% in the fiscal 2023. The company has no debt maturities until its 2026 term loan expiration and senior note maturity in June 2027.
In April 2024, the management approved an increase in the quarterly cash dividend to 25 cents from 20 cents per share. The board also authorized the repurchase of up to $1 billion of the company’s outstanding common stock, replacing a prior authorization.
During the fiscal second quarter, the company also repurchased 764,742 shares of its outstanding common stock for $50 million. As of Mar 31, 2024, it had $950 million remaining under its current common stock repurchase authorization.
General Information
KB Home
10990 Wilshire Boulevard
Los Angeles, CA 90024
Phone: 310-231-4000
Fax: 310-231-4222
Email: investorrelations@kbhome.com
Industry | Building Products - Home Builders |
Sector | Construction |
Fiscal Year End | November |
Last Reported Quarter | 8/31/2024 |
Earnings Date | 9/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 2.04 |
Current Year EPS Consensus Estimate | 8.38 |
Estimated Long-Term EPS Growth Rate | 11.80 |
Earnings Date | 9/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 89.63 |
52 Week High | 89.70 |
52 Week Low | 42.11 |
Beta | 1.81 |
20 Day Moving Average | 1,116,813.00 |
Target Price Consensus | 77.07 |
4 Week | 1.63 |
12 Week | 24.30 |
YTD | 39.66 |
4 Week | 0.42 |
12 Week | 19.02 |
YTD | 16.82 |
Shares Outstanding (millions) | 75.20 |
Market Capitalization (millions) | 6,560.02 |
Short Ratio | NA |
Last Split Date | 4/29/2005 |
Dividend Yield | 1.15% |
Annual Dividend | $1.00 |
Payout Ratio | 0.13 |
Change in Payout Ratio | 0.02 |
Last Dividend Payout / Amount | 8/8/2024 / $0.25 |
Fundamental Ratios
P/E (F1) | 10.41 |
Trailing 12 Months | 11.54 |
PEG Ratio | 0.88 |
vs. Previous Year | 10.82% |
vs. Previous Quarter | 22.16% |
vs. Previous Year | -3.14% |
vs. Previous Quarter | 16.49% |
Price/Book | 1.64 |
Price/Cash Flow | 10.98 |
Price / Sales | 1.02 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 15.66 |
2/29/24 | 15.78 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 9.09 |
2/29/24 | 9.14 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 2.26 |
2/29/24 | 2.24 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 0.36 |
2/29/24 | 0.37 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 9.43 |
2/29/24 | 9.29 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 9.43 |
2/29/24 | 9.29 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 12.27 |
2/29/24 | 12.07 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 52.58 |
2/29/24 | 51.15 |
8/31/24 | Pending Next EPS Report |
5/31/24 | 1.00 |
2/29/24 | 0.98 |
8/31/24 | Pending Next EPS Report |
5/31/24 | NA |
2/29/24 | 0.00 |
8/31/24 | Pending Next EPS Report |
5/31/24 | NA |
2/29/24 | 0.00 |