KB Home (NYSE:KBH) will release earnings results for its third quarter, after the closing bell on Tuesday.
Analysts expect the Los Angeles-based company to report quarterly earnings at $2.06 per share. That’s up from $1.80 per share in the year-ago period. KB Home projects quarterly revenue of $1.73 billion, according to data from Benzinga Pro.
On Sept. 19, Bank of America Securities analyst Rafe Jadrosich maintained KB Home with a Neutral rating and raised the price target from $75 to $90.
With the recent buzz around KB Home, some investors may be eyeing potential gains from the company's dividends. As of now, KB Home has a dividend yield of 1.15%. That’s a quarterly dividend amount of 25 cents a share ($1.00 a year).
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