KB Home (KBH) Given News Impact Score of 0.13

Headlines about KB Home (NYSE:KBH) have trended somewhat positive on Saturday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. KB Home earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 46.358187114983 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern’s rankings:

Shares of KB Home (NYSE KBH) opened at 22.21 on Friday. KB Home has a one year low of $14.06 and a one year high of $24.37. The stock has a market cap of $1.90 billion, a PE ratio of 17.11 and a beta of 1.62. The company has a 50-day moving average of $23.36 and a 200 day moving average of $20.69.

KB Home (NYSE:KBH) last issued its quarterly earnings results on Tuesday, June 27th. The construction company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.07. KB Home had a net margin of 3.13% and a return on equity of 7.11%. The business had revenue of $1 billion for the quarter, compared to analyst estimates of $929.85 million. During the same quarter in the prior year, the business posted $0.17 EPS. KB Home’s revenue for the quarter was up 23.7% compared to the same quarter last year. On average, analysts predict that KB Home will post $1.71 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, August 17th. Shareholders of record on Thursday, August 3rd were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $0.10 dividend on an annualized basis and a yield of 0.45%. KB Home’s payout ratio is 7.69%.

KBH has been the subject of a number of analyst reports. Deutsche Bank AG raised their target price on shares of KB Home from $20.00 to $23.00 and gave the company a “hold” rating in a research note on Friday, June 30th. Mizuho initiated coverage on shares of KB Home in a research note on Tuesday, May 16th. They set a “neutral” rating and a $20.00 target price for the company. Credit Suisse Group started coverage on shares of KB Home in a research note on Thursday, June 22nd. They set a “neutral” rating and a $23.00 target price for the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $25.00 price target (up previously from $22.00) on shares of KB Home in a research report on Friday, June 23rd. Finally, Barclays PLC reissued a “sell” rating and set a $17.00 price target on shares of KB Home in a research report on Friday, June 30th. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $19.63.

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In other news, CFO Jeff Kaminski sold 163,017 shares of the stock in a transaction on Thursday, June 29th. The shares were sold at an average price of $23.40, for a total value of $3,814,597.80. Following the sale, the chief financial officer now owns 178,251 shares in the company, valued at $4,171,073.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeffrey T. Mezger sold 400,000 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $22.81, for a total transaction of $9,124,000.00. Following the completion of the sale, the insider now owns 682,996 shares in the company, valued at approximately $15,579,138.76. The disclosure for this sale can be found here. Insiders have sold a total of 620,422 shares of company stock worth $14,269,820 in the last 90 days. 8.60% of the stock is currently owned by company insiders.

About KB Home

KB HOME is a homebuilding company. The Company is engaged in selling and building a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes. It operates through five segments, which consist of four homebuilding segments and one financial services segment.

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