KE Holdings Inc. Sponsored ADR (BEKE) To Go Ex-Dividend on April 8th

KE Holdings Inc. Sponsored ADR (NYSE:BEKE) announced an annual dividend on Monday, March 16th. Investors of record on Wednesday, April 8th will be paid a dividend of 0.276 per share on Friday, April 24th. This represents a yield of 167.0%. The ex-dividend date is Wednesday, April 8th.

KE has a dividend payout ratio of 18.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect KE to earn $0.94 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 23.4%.

KE Trading Down 0.2%

BEKE stock opened at $14.79 on Monday. KE has a twelve month low of $14.40 and a twelve month high of $22.25. The stock has a market capitalization of $16.71 billion, a price-to-earnings ratio of 41.07, a price-to-earnings-growth ratio of 2.47 and a beta of -0.53. The company has a quick ratio of 3.02, a current ratio of 2.95 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $16.96 and its two-hundred day simple moving average is $17.26.

KE (NYSE:BEKE) last released its earnings results on Sunday, February 15th. The company reported $0.02 earnings per share (EPS) for the quarter. KE had a net margin of 3.15% and a return on equity of 4.70%. The firm had revenue of $3.17 billion during the quarter. As a group, analysts anticipate that KE will post 0.67 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of KE in a research note on Friday, March 27th. The Goldman Sachs Group downgraded KE from a “buy” rating to a “neutral” rating and set a $19.00 price target on the stock. in a report on Monday, February 2nd. Barclays set a $23.00 price target on KE in a research note on Thursday, February 19th. Finally, Wall Street Zen cut KE from a “hold” rating to a “sell” rating in a report on Sunday, March 22nd. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $21.63.

KE Company Profile

KE Holdings Inc (NYSE: BEKE) is a technology-driven real estate services company that operates an integrated online and offline platform for housing transactions and related services in mainland China. The company provides consumer-facing property listing marketplaces alongside a broad network of offline brokerage offices and agents, aiming to facilitate sales, rentals and new-home transactions for individual and institutional clients.

The company’s offerings span property listings for new and resale homes, rental listings, brokerage representation and transaction facilitation.