EPS for KB Home (KBH) Expected At $0.47

August 24, 2017 - By Peter Erickson

 EPS for KB Home (KBH) Expected At $0.47
Investors sentiment decreased to 1.14 in Q4 2016. Its down 0.04, from 1.18 in 2016Q3. It dived, as 28 investors sold KB Home shares while 58 reduced holdings. 28 funds opened positions while 70 raised stakes. 85.48 million shares or 6.97% more from 79.92 million shares in 2016Q3 were reported.
Victory Capital reported 0% of its portfolio in KB Home (NYSE:KBH). Hl Ltd Limited Liability Company invested in 0.13% or 375,020 shares. Proshare Lc holds 21,398 shares or 0% of its portfolio. Boston Advsr Lc holds 0.02% or 42,710 shares in its portfolio. Vanguard Grp invested 0.01% of its portfolio in KB Home (NYSE:KBH). Mason Street Advisors Limited Company invested in 38,826 shares or 0.02% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management Corporation reported 179,325 shares or 0.03% of all its holdings. Bank & Trust Of New York Mellon Corp owns 0.01% invested in KB Home (NYSE:KBH) for 1.51M shares. Creative Planning reported 0% stake. Blackrock Institutional Tru Na invested in 0.01% or 2.56 million shares. 150,572 were reported by Royal Financial Bank Of Canada. 32,840 were reported by Strategic Wealth Advsr Gp Ltd Liability Com. First Trust Advsr Lp holds 0.01% of its portfolio in KB Home (NYSE:KBH) for 108,750 shares. Cwm Limited Liability Corp, Nebraska-based fund reported 70 shares. Liberty Mutual Group Asset Management stated it has 41,556 shares.

Since March 29, 2017, it had 0 insider buys, and 1 sale for $891,450 activity. On Wednesday, March 29 Norton Thomas F sold $891,450 worth of KB Home (NYSE:KBH) or 45,000 shares.

Investors wait KB Home (NYSE:KBH) to report on September, 19. its quarterly earnings Wall Street analysts expect $0.47 EPS, up $0.05 or 11.90 % from last year’s $0.42 same quarter earnings. This translates into $40.11 million profit for KBH giving the stock a 11.72 P/E. This is assuming the current $0.47 EPS is accurate. KB Home’s Wall Street analysts see 42.42 % EPS growth, taking into account the $0.33 EPS reproted in the previous quarter, About 593,742 shares traded. KB Home (NYSE:KBH) has risen 69.35% since August 24, 2016 and is uptrending. It has outperformed by 52.65% the S&P500.

KB Home (NYSE:KBH) Ratings Coverage

Among 23 analysts covering KB Home (NYSE:KBH), 1 have Buy rating, 6 Sell and 16 Hold. Therefore 4% are positive. KB Home had 44 analyst reports since September 4, 2015 according to SRatingsIntel. On Monday, March 27 the stock rating was downgraded by JMP Securities to “Market Perform”. As per Thursday, March 24, the company rating was maintained by Barclays Capital. Zacks downgraded KB Home (NYSE:KBH) on Friday, September 4 to “Sell” rating. RBC Capital Markets maintained KB Home (NYSE:KBH) on Friday, March 24 with “Sector Perform” rating. The rating was downgraded by Mizuho to “Underperform” on Monday, July 10. Wood maintained KB Home (NYSE:KBH) rating on Monday, March 28. Wood has “Market Perform” rating and $14 target. The company was maintained on Wednesday, June 22 by FBR Capital. RBC Capital Markets maintained KB Home (NYSE:KBH) rating on Wednesday, September 21. RBC Capital Markets has “Sector Perform” rating and $17 target. Wells Fargo initiated KB Home (NYSE:KBH) on Thursday, September 29 with “Market Perform” rating. On Friday, August 18 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

KB HOME is a homebuilding company. The Firm 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. The company has market cap of $1.88 billion. It operates through five divisions, which consist of four homebuilding divisions and one financial services segment. It has a 16.95 P/E ratio. The Company’s homebuilding divisions include West Coast, Southwest, Central and Southeast.

More notable recent KB Home (NYSE:KBH) news were published by: Businesswire.com which released: “KB Home Announces the Grand Opening of Mill Creek Plantation” on August 23, 2017, also Nasdaq.com with their article: “The Zacks Analyst Blog Highlights: KB Home, NVR, PulteGroup and MDC Holdings” published on July 28, 2017, Nasdaq.com published: “KB Home (KBH) Ex-Dividend Date Scheduled for August 01, 2017” on July 31, 2017. More interesting news about KB Home (NYSE:KBH) were released by: Nasdaq.com and their article: “KB Home (KBH) Strong on Positive Housing Market Scenario” published on August 15, 2017 as well as Businesswire.com‘s news article titled: “KB Home Announces the Grand Opening of Sparrow at Marsh Creek in Brentwood” with publication date: August 17, 2017.

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