KE Holdings Inc ADR (NYSE:BEKE) has a beta value of -0.75 and has seen 0.98 million shares traded in the recent trading session. The company, currently valued at $16.92B, closed the recent trade at $14.32 per share which meant it gained $0.08 on the day or 0.60% during that session. The BEKE stock price is -37.85% off its 52-week high price of $19.74 and 13.13% above the 52-week low of $12.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.81 million shares traded. The 3-month trading volume is 7.80 million shares.
KE Holdings Inc ADR (NYSE:BEKE) trade information
Sporting 0.60% in the green today, the stock has traded in the green over the last five days, when the BEKE stock price touched $14.32 or saw a rise of 1.24%. Year-to-date, KE Holdings Inc ADR shares have moved -11.63%, while the 5-day performance has seen it change 0.60%. Over the past 30 days, the shares of KE Holdings Inc ADR (NYSE:BEKE) have changed 13.60%. Short interest in the company has seen 20.0 million shares shorted with days to cover at 2.8.
KE Holdings Inc ADR (BEKE) estimates and forecasts
Figures show that KE Holdings Inc ADR shares have underperformed across the wider relevant industry. The company’s shares have lost -9.51% over the past 6 months, with this year growth rate of -9.57%, compared to 8.20% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -70.70% and -14.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be 8.10%.
5 analysts offering their estimates for the company have set an average revenue estimate of $2.21 billion for the current quarter. 4 have an estimated revenue figure of $3.17 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $2.52 billion and $2.73 billion respectively for this quarter and the next, and analysts expect sales will shrink by -12.30% for the current quarter and 15.90% for the next.
BEKE Dividends
KE Holdings Inc ADR is expected to release its next earnings report between May 16 and May 20 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.35 at a share yield of 2.45%. The company’s dividend yield has gone up over the past 12 months.
KE Holdings Inc ADR (NYSE:BEKE)’s Major holders
Insiders own 1.43% of the company shares, while shares held by institutions stand at 42.03% with a share float percentage of 42.64%. Investors are also buoyed by the number of investors in a company, with KE Holdings Inc ADR having a total of 492 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 33.63 million shares worth more than $481.04 million. As of Dec 30, 2023, Price (T.Rowe) Associates Inc held 2.82% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 29.37 million shares as of Dec 30, 2023. The firm’s total holdings are worth over $420.18 million and represent 2.46% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are KraneShares CSI China Internet ETF and Vanguard International Stock Index-Emerging Markets Stk. As of Dec 30, 2023, the former fund manager holds about 1.15% shares in the company for having 13.73 million shares of worth $196.45 million while later fund manager owns 8.76 million shares of worth $125.26 million as of Oct 30, 2023, which makes it owner of about 0.73% of company’s outstanding stock.
