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 and home rentals to home renovation, real estate financial solutions, 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, China.
IPO Year: 2020
Exchange: NYSE
Website: ke.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/30/2024 | $24.00 → $28.00 | Neutral → Buy | BofA Securities |
9/10/2024 | $23.80 | Buy | Citigroup |
5/9/2023 | $22.00 | Buy | New Street |
2/24/2023 | Buy | Daiwa Securities | |
1/30/2023 | Overweight | JP Morgan | |
1/12/2023 | $17.00 → $21.00 | Neutral → Overweight | JP Morgan |
6/23/2022 | $13.70 → $20.80 | Hold → Buy | HSBC Securities |
6/21/2022 | $22.50 | Buy | Citigroup |
5/16/2022 | $7.50 → $13.50 | Underweight → Neutral | JP Morgan |
4/18/2022 | Neutral → Buy | UBS |
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
6-K - KE Holdings Inc. (0001809587) (Filer)
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Barclays analyst Jiong Shao maintains KE Holdings (NYSE:BEKE) with a Overweight and raises the price target from $28 to $30.
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KE Holdings (NYSE:BEKE) reported quarterly Adj earnings of $0.16 per ADS which beat the analyst consensus estimate of $0.12 by 33.33 percent. This is a 62.79 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $2.27 billion which beat the analyst consensus estimate of $2.25 billion by 0.80 percent. This is a 23.20 percent decrease over sales of $2.95 billion the same period last year.
These large-cap stocks were the best performers in the last week amid earnings season. Are they in your portfolio? Carvana Co. (NYSE:CVNA) shares escalated 39.1% after it reported Q1 revenue of $3.061 billion, which beat the consensus estimate of $2.673 billion. Several analysts raised their forecasts. NIO Inc. (NYSE:NIO) shares jumped 21.5% after the company's April vehicle deliveries increased 134.6% year-over-year. Paramount Global (NASDAQ:PARAA) shares surged 21.5% after it reported first-quarter revenue of $7.685 billion, which missed the consensus estimate of $7.732 billion. The company said CEO Bob Bakish is stepping down from the studio. Paramount reportedly got a $26 billi
BEIJING, Nov. 21, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2024. Business and Financial Highlights for the Third Quarter 2024 Gross transaction value (GTV)1 was RMB736.8 billion (US$105.0 billion), an increase of 12.5% year-over-year. GTV of existing home transactions was RMB477.8 billion (US$68.1 billion), an increase of 8.8% year-over-year. GTV of new home transactions was RMB227.6 billion (US$32.4 billion), an increase of 18.4% year-over-year. GTV of home renovation and
BEIJING, Nov. 08, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423)), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Thursday, November 21, 2024. The Company's management will hold an earnings conference call at 7:00 A.M. Eastern Time on Thursday, November 21, 2024 (8:00 P.M. Beijing Time on Thursday, November 21, 2024). For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 20 m
BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors has approved the upsizing and extension of its share repurchase program. As previously disclosed, the Company established a share repurchase program in August 2022 and upsized and extended it in August 2023, under which the Company may purchase up to US$2.0 billion of its Class A ordinary shares and/or American depositary shares ("ADSs") until August 31, 2024 (the "Existing Share Repurchase Program"). As of the date of this press release, the Company in aggrega
BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the second quarter ended June 30, 2024 and upsizing and extension of the share repurchase program. Business and Financial Highlights for the Second Quarter 2024 Gross transaction value (GTV)1 was RMB839.0 billion (US$115.5 billion), an increase of 7.5% year-over-year. GTV of existing home transactions was RMB570.7 billion (US$78.5 billion), an increase of 25.0% year-over-year. GTV of new home transactions was RMB235.3 billion (US$32.4 billion), a decre
BEIJING, July 31, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423))), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the second quarter of 2024 before the U.S. market opens on Monday, August 12, 2024. The Company's management will hold an earnings conference call at 8:00 A.M. Eastern Time on Monday, August 12, 2024 (8:00 P.M. Beijing Time on Monday, August 12, 2024). For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 20 minutes prior to th
BEIJING, June 14, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423))), a leading integrated online and offline platform for housing transactions and services, today announced that each of the proposed resolutions submitted for shareholders' approval (the "Proposed Resolutions") as set forth in the notice of annual general meeting dated April 26, 2024 have been adopted at the meeting held in Beijing, China today. After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) each of Mr. Yongdong Peng and Mr. Yigang Shan is re-elected as an execu
BEIJING, May 23, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the first quarter ended March 31, 2024. Business and Financial Highlights for the First Quarter 2024 Gross transaction value (GTV)1 was RMB629.9 billion (US$87.2 billion), a decrease of 35.2% year-over-year. GTV of existing home transactions was RMB453.2 billion (US$62.8 billion), a decrease of 31.8% year-over-year. GTV of new home transactions was RMB151.8 billion (US$21.0 billion), a decrease of 45.4% year-o
BEIJING, May 10, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423))), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Thursday, May 23, 2024. The Company's management will hold an earnings conference call at 8:00 A.M. Eastern Time on Thursday, May 23, 2024 (8:00 P.M. Beijing Time on Thursday, May 23, 2024). For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 20 minutes prior to the
BEIJING, April 26, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423))), a leading integrated online and offline platform for housing transactions and services, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on April 26, 2024. The annual report can be accessed on the Company's investor relations website at investors.ke.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's
BEIJING, April 26, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today released its 2023 Environmental, Social and Governance report (the "2023 ESG report"), highlighting Beike's commitment to sustainability under its corporate mission of "admirable service, joyful living," and the guiding principle of "being virtuous while seeking growth." Mr. Stanley Yongdong Peng, Co-founder, Chairman of the Board and Chief Executive Officer of Beike, commented, "While we advance Beike's capabilities as a technology-driven one-stop platform for residential services, we are committ
BofA Securities upgraded KE Holdings from Neutral to Buy and set a new price target of $28.00 from $24.00 previously
Citigroup resumed coverage of KE Holdings with a rating of Buy and set a new price target of $23.80
New Street initiated coverage of KE Holdings with a rating of Buy and set a new price target of $22.00
Daiwa Securities initiated coverage of KE Holdings with a rating of Buy
JP Morgan initiated coverage of KE Holdings with a rating of Overweight
JP Morgan upgraded KE Holdings from Neutral to Overweight and set a new price target of $21.00 from $17.00 previously
HSBC Securities upgraded KE Holdings from Hold to Buy and set a new price target of $20.80 from $13.70 previously
Citigroup initiated coverage of KE Holdings with a rating of Buy and set a new price target of $22.50
JP Morgan upgraded KE Holdings from Underweight to Neutral and set a new price target of $13.50 from $7.50 previously
UBS upgraded KE Holdings from Neutral to Buy
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KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced the appointment of Mr. WU Jun as an independent director of its board of directors (the "Board"). The Board also appointed Mr. WU as the chairperson of the compensation committee of the Board and a member of the audit committee and nominating and corporate governance committee of the Board. Ms. CHEN Yu will no longer serve as an independent director of the Board after her current term expires, which was also based on her career pursuit and did not result from any disagreement with the Company. These changes will be effective on Marc
KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced the appointment of Mr. XU Tao, the Company's chief financial officer, as an executive director of its board of directors (the "Board"), and the appointment of Mr. ZHU Hansong as an independent director of the Board, effective immediately, based on the recommendations of the nominating and corporate governance committee of the Board. The Board also appointed Mr. ZHU Hansong as a member of the compensation committee of the Board and a member of the audit committee of the Board. At the same time, Mr. PENG Yongdong stepped down as a mem
KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors (the "Board") has appointed Mr. PENG Yongdong, the Company's co-founder, chief executive officer and executive director, as the new chairman of the Board to succeed Mr. ZUO Hui who passed away on May 20, 2021. The Company also announced the appointment of Mr. XU Wangang, the Company's chief operating officer, as a new executive director to the Board to fill the vacancy left by Mr. ZUO. Going forward, the audit committee of the Board will consist of Ms. CHEN Xiaohong, Mr. XU Wangang and Ms. CHEN Yu, with M
BEIJING, Nov. 21, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2024. Business and Financial Highlights for the Third Quarter 2024 Gross transaction value (GTV)1 was RMB736.8 billion (US$105.0 billion), an increase of 12.5% year-over-year. GTV of existing home transactions was RMB477.8 billion (US$68.1 billion), an increase of 8.8% year-over-year. GTV of new home transactions was RMB227.6 billion (US$32.4 billion), an increase of 18.4% year-over-year. GTV of home renovation and
BEIJING, Nov. 08, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423)), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Thursday, November 21, 2024. The Company's management will hold an earnings conference call at 7:00 A.M. Eastern Time on Thursday, November 21, 2024 (8:00 P.M. Beijing Time on Thursday, November 21, 2024). For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 20 m
BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the second quarter ended June 30, 2024 and upsizing and extension of the share repurchase program. Business and Financial Highlights for the Second Quarter 2024 Gross transaction value (GTV)1 was RMB839.0 billion (US$115.5 billion), an increase of 7.5% year-over-year. GTV of existing home transactions was RMB570.7 billion (US$78.5 billion), an increase of 25.0% year-over-year. GTV of new home transactions was RMB235.3 billion (US$32.4 billion), a decre
BEIJING, July 31, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423))), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the second quarter of 2024 before the U.S. market opens on Monday, August 12, 2024. The Company's management will hold an earnings conference call at 8:00 A.M. Eastern Time on Monday, August 12, 2024 (8:00 P.M. Beijing Time on Monday, August 12, 2024). For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 20 minutes prior to th
BEIJING, May 23, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the first quarter ended March 31, 2024. Business and Financial Highlights for the First Quarter 2024 Gross transaction value (GTV)1 was RMB629.9 billion (US$87.2 billion), a decrease of 35.2% year-over-year. GTV of existing home transactions was RMB453.2 billion (US$62.8 billion), a decrease of 31.8% year-over-year. GTV of new home transactions was RMB151.8 billion (US$21.0 billion), a decrease of 45.4% year-o
BEIJING, May 10, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423))), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Thursday, May 23, 2024. The Company's management will hold an earnings conference call at 8:00 A.M. Eastern Time on Thursday, May 23, 2024 (8:00 P.M. Beijing Time on Thursday, May 23, 2024). For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 20 minutes prior to the
BEIJING, March 14, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors (the "Board") approved a final cash dividend (the "Dividend") of US$0.117 per ordinary share, or US$0.351 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on April 5, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the Dividend to be paid will be approximately US$0.4 billion, which will be funded by cash surplus on the Company's balance sheet. For hol
BEIJING, March 14, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023 and a final cash dividend. Business and Financial Highlights for the Fourth Quarter and Fiscal Year 2023 Gross transaction value (GTV)1 in 2023 was RMB3,142.9 billion (US$442.7 billion), an increase of 20.4% year-over-year. GTV of existing home transactions was RMB2,028.0 billion (US$285.6 billion), an increase of 28.6% year-over-year. GTV of new home transactions was RMB1,003.0 bi
BEIJING, March 04, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE, HKEX: 2423))), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2023 before the U.S. market opens on Thursday, March 14, 2024. The Company's management will hold an earnings conference call at 8:00 A.M. Eastern Time on Thursday, March 14, 2024 (8:00 P.M. Beijing Time on Thursday, March 14, 2024). For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 2
BEIJING, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KE Holdings Inc. ("Beike" or the "Company") (NYSE:BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2023. Business and Financial Highlights for the Third Quarter of 2023 Gross transaction value (GTV)1 was RMB655.2 billion (US$89.8 billion), a decrease of 11.1% year-over-year. GTV of existing home transactions was RMB439.0 billion (US$60.2 billion), a decrease of 2.2% year-over-year. GTV of new home transactions was RMB192.1 billion (US$26.3 billion), a decrease of 26.5% year-over-year. GTV of home renovation and