KB Home (NYSE:KBH) issued its quarterly earnings data on Wednesday. The construction company reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.07, Briefing.com reports. KB Home had a net margin of 3.22% and a return on equity of 7.57%. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the company posted $0.40 EPS. The company’s revenue was up 17.7% on a year-over-year basis.

Shares of KB Home (KBH) opened at $38.58 on Friday. The stock has a market cap of $3,340.00, a P/E ratio of 27.76, a P/E/G ratio of 0.77 and a beta of 1.69. KB Home has a 1 year low of $15.51 and a 1 year high of $38.80.

KBH has been the subject of a number of recent research reports. Wedbush reissued an “ourperform” rating and set a $26.00 price objective on shares of KB Home in a research note on Saturday, September 16th. Zacks Investment Research raised shares of KB Home from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research note on Friday, September 22nd. KeyCorp reissued a “hold” rating on shares of KB Home in a research note on Tuesday, September 26th. Mizuho raised shares of KB Home from an “underperform” rating to a “neutral” rating and set a $21.00 price objective for the company in a research note on Friday, September 29th. Finally, Credit Suisse Group raised their price objective on shares of KB Home from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, September 29th. Seven research analysts have rated the stock with a sell rating, eleven have given a hold rating, one has given a buy rating and two have given a strong buy rating to the stock. KB Home has a consensus rating of “Hold” and a consensus price target of $24.82.

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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.

Earnings History for KB Home (NYSE:KBH)

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