Streetbeat News

BEKE

KE Holdings Inc.

Industry

Real Estate - Services

KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company operates in three segments: Existing Home Transaction Services, New Home Transaction Services, and Emerging and Other Services. It facilitates various housing transactions ranging from existing and new home sales, home rentals, home renovation and furnishing, and other services. The company also owns and operates Lianjia, a real estate brokerage branded store; and owns Deyou, a franchise model for connected brokerage stores. The company was founded in 2001 and is headquartered in Beijing, the People's Republic of China.

Open

19.65

Mkt cap

24B

Volume

5.5M

High

19.91

P/E Ratio

39.84

52-wk high

26.05

Low

19.42

Div yield

0.00

52-wk low

12.44

Large-cap stocks like Carvana, NIO, Paramount Global, and others showed significant gains during the last week amid earnings season, with many beating consensus estimates and receiving positive analyst forecasts.

Portfolio Pulse from Lekha Gupta

May 06, 2024 | 12:48 am

US-listed Chinese stocks, including BABA, BEKE, NTES, and TME, are experiencing an uptick in trading, potentially due to optimism surrounding the Labor Day Golden Week.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 6:59 pm

US-listed Chinese stocks are experiencing an uptick in trading, attributed to the commencement of the Labor Day Golden Week, recent Federal Reserve decisions, and robust delivery reports from electric vehicle (EV) manufacturers.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 2:22 pm

KE Holdings (BEKE) saw a significant option activity with a sweep of 1546 calls for the July 19 expiration at $19 near the ask price of $0.43, compared to an open interest of 928. This activity comes ahead of the company's earnings report, estimated to be released before the market opens on May 16.

Portfolio Pulse from Charles Gross

May 02, 2024 | 1:36 pm

KE Holdings shares are experiencing trading activity due to a general uptrend in Chinese stocks.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 5:41 pm

KE Holdings shares are trading higher amid strength in US-listed Chinese stocks, indicating a positive market sentiment towards Chinese companies listed in the US.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 7:49 pm

KE Holdings Inc. (NYSE:BEKE) reported a net profit of 5.89 billion yuan for 2023, a significant turnaround from a 1.4 billion yuan loss in 2022. The company's revenue increased by 28.2% to 77.8 billion yuan. KE Holdings also announced a final dividend of $0.351 per ADS, following a special interim dividend earlier in the year. Despite the downturn in China's property market, KE Holdings expanded its market share and reduced the turnover days for accounts receivable in new home transactions. The company's non-brokerage services also saw significant growth, and it maintained a strong capital position, including a $719 million ADS buyback program.

Portfolio Pulse from The Bamboo Works

March 26, 2024 | 4:00 pm

Citigroup analyst Harry Chen maintains a Buy rating on KE Holdings (NYSE:BEKE) with a maintained price target of $21.1.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 3:35 pm

HSBC analyst Max Liang has maintained a Buy rating on KE Holdings (NYSE:BEKE) but has lowered the price target from $23.9 to $21.8.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 7:21 pm

KE Holdings (NYSE:BEKE) reported Q4 earnings per share of $0.20, surpassing the $0.18 estimate, marking a 400% increase from last year. Sales reached $2.85B, exceeding the $2.63B estimate, up 17.21% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 10:03 am

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