$0.79 EPS Expected for KB Home (KBH)

September 8, 2018 - By Jack Shaw

KB Home (NYSE:KBH) LogoInvestors sentiment decreased to 0.97 in 2018 Q1. Its down 0.09, from 1.06 in 2017Q4. It dropped, as 26 investors sold KB Home shares while 92 reduced holdings. 45 funds opened positions while 70 raised stakes. 75.04 million shares or 7.62% less from 81.24 million shares in 2017Q4 were reported.
Moreover, Beck Capital Limited Liability Corporation has 0.17% invested in KB Home (NYSE:KBH). Amundi Pioneer Asset has 0% invested in KB Home (NYSE:KBH) for 21,045 shares. Benjamin F Edwards Company, Missouri-based fund reported 9,726 shares. Aqr Cap Limited Liability Co holds 0.13% or 4.33M shares. 296,200 are held by Nordea Invest. 36,618 were accumulated by Pub Employees Retirement Sys Of Ohio. 8,102 are held by Verition Fund Ltd Llc. Barclays Public Ltd Com reported 0% stake. Atlantic Trust Grp Limited Com reported 2,234 shares or 0% of all its holdings. Peak6 Invs L P invested 0% in KB Home (NYSE:KBH). Allsquare Wealth Mgmt Limited Liability Corp stated it has 0.11% in KB Home (NYSE:KBH). Davenport Co Limited Co holds 0% or 7,650 shares in its portfolio. Thrivent Finance For Lutherans reported 0% stake. Teachers Retirement System Of The State Of Kentucky has 0.01% invested in KB Home (NYSE:KBH). The Netherlands-based Shell Asset Mgmt has invested 0.02% in KB Home (NYSE:KBH).

Since August 14, 2018, it had 0 insider purchases, and 1 insider sale for $6.38 million activity.

Analysts expect KB Home (NYSE:KBH) to report $0.79 EPS on September, 27.They anticipate $0.28 EPS change or 54.90 % from last quarter’s $0.51 EPS. KBH’s profit would be $69.27M giving it 7.79 P/E if the $0.79 EPS is correct. After having $0.57 EPS previously, KB Home’s analysts see 38.60 % EPS growth. The stock decreased 1.91% or $0.48 during the last trading session, reaching $24.61. About 1.35M shares traded. KB Home (NYSE:KBH) has risen 24.51% since September 8, 2017 and is uptrending. It has outperformed by 11.94% the S&P500.

KB Home (NYSE:KBH) Ratings Coverage

Among 11 analysts covering KB Home (NYSE:KBH), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. KB Home had 12 analyst reports since March 21, 2018 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $28 target in Friday, June 29 report. The stock has “Outperform” rating by Wells Fargo on Friday, March 23. The firm has “Buy” rating given on Friday, June 29 by Bank of America. On Friday, March 23 the stock rating was maintained by Barclays Capital with “Underweight”. Deutsche Bank maintained the stock with “Hold” rating in Monday, April 9 report. The stock of KB Home (NYSE:KBH) has “Hold” rating given on Tuesday, March 27 by UBS. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, March 21. The rating was reinitiated by Citigroup with “Neutral” on Tuesday, June 19. The firm has “Hold” rating by Mizuho given on Sunday, March 25. The company was maintained on Friday, June 29 by Wedbush.

KB Home operates as a homebuilding company in the United States. The company has market cap of $2.16 billion. It manufactures and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. It has a 18.99 P/E ratio. The firm also provides property and casualty insurance, as well as earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, including residential mortgage loan originations to its homebuyers.

More important recent KB Home (NYSE:KBH) news were published by: Tucson.com which released: “KB Home’s Homestead in Maricopa Now Open” on September 04, 2018, also Tucson.com published article titled: “KB Home’s Juniper at Desert Passage in Maricopa Now Open”, Seekingalpha.com published: “Homebuilders slip for second day after pending home sales fall” on August 30, 2018. More interesting news about KB Home (NYSE:KBH) was released by: Streetinsider.com and their article: “KB Home (KBH) Announces Partnership with Alphabet Inc. (GOOG) to Launch Smart Home System with Built-in Google …” with publication date: September 06, 2018.

KB Home (NYSE:KBH) Institutional Positions Chart

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