KB Home (NYSE:KBH) had declared a cash dividend of $0.0250 on Jul 14, 2016. The shares will quote ex-dividend on Aug 2, 2016 and the record date has been fixed for Aug 4, 2016. On Jul 14, 2016 share price, the yield comes out to be 0.6124%. The dividend payable date has been fixed on Aug 18, 2016.
In a different note, On May 3, 2016, UBS said it Downgrades its rating on KB Home. The shares have been rated ‘Sell’ by the firm. On Apr 18, 2016, FBN Securities said it Downgrades its rating on KB Home. The shares have been rated ‘Sector Perform’ by the firm.
KB Home (KBH) shares turned negative on Mondays trading session with the shares closing down -0.07 points or -0.43% at a volume of 17,34,957. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $16.37. The peak price level was also seen at $16.37 while the days lowest was $16.1. Finally the shares closed at $16.36. The 52-week high of the shares is $16.76 while the 52-week low is $9.04. According to the latest information available, the market cap of the company is $1,378 M.
KB Home(KBH) last announced its earnings results on Jun 21, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $811.05M. Analysts had an estimated revenue of $747.87M. Earnings per share were $0.17. Analysts had estimated an EPS of $0.17.
Several Insider Transactions has been reported to the SEC. On Apr 28, 2015, Nicholas S Franklin (EVP, Strategic Operations) purchased 5,000 shares at $14.76 per share price.
KB Home is a homebuilding company that constructs and sells homes through its operating divisions under the name KB Home. The Company operates through five operating segments which includes four homebuilding segments and one financial services segment. The Company’s homebuilding operations are organized into four segments: West Coast Southwest Central and Southeast. The Company delivered approximately 7215 homes through its four homebuilding segments. The Company’s financial services segment offers property and casualty insurance and in certain instances earthquake flood and personal property insurance to its homebuyers. The Company also provides title services in the majority of its markets located within Central and Southeast homebuilding reporting segments. This segment also offers mortgage banking services including residential consumer mortgage loan originations to its homebuyers indirectly through Home Community Mortgage LLC (HCM).