Ke Holdings Inc Stock Price, News & Analysis

KE Holdings (NYSE: BEKE) has announced a significant final cash dividend totaling approximately US$0.4 billion. The company will distribute US$0.12 per ordinary share, or US$0.36 per ADS, to shareholders of record as of April 9, 2025.

The dividend will be funded through the company's existing cash surplus and is scheduled for payment around April 22, 2025 for ordinary shareholders and April 25, 2025 for ADS holders. Shareholders must register their documents with the Hong Kong branch share registrar by 4:30 p.m. on April 9, 2025 (Beijing/Hong Kong Time) to qualify.

The Board maintains discretion over future dividend distributions under Cayman Islands law, with decisions based on factors including operations, earnings, capital requirements, financial condition, and contractual restrictions.

KE Holdings (NYSE: BEKE) reported its Q4 and FY2024 financial results, showing mixed performance. The company's total Gross Transaction Value (GTV) for 2024 reached RMB3,349.4 billion (US$458.9 billion), up 6.6% year-over-year.

Key highlights include:

• Net revenues increased 20.2% YoY to RMB93.5 billion (US$12.8 billion) in 2024
• Q4 2024 net revenues grew 54.1% YoY to RMB31.1 billion (US$4.3 billion)
• 2024 net income decreased 30.8% YoY to RMB4,078 million (US$559 million)
• Active stores increased 18.3% to 49,693 as of December 31, 2024
• Active agents grew 12.1% to 445,271

The company's existing home transaction GTV increased 10.8% YoY, while new home transactions decreased 3.3%. Home renovation and furnishing GTV grew 27.3%, and emerging services increased 17.6%. The company also announced a final cash dividend of approximately US$0.4 billion.

KE Holdings (NYSE: BEKE; HKEX: 2423), known as Beike, has announced the inclusion of its Class A ordinary shares in both the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective March 10, 2025.

This strategic development enables eligible Mainland China investors to directly trade the company's Class A ordinary shares listed on the Hong Kong Stock Exchange. The inclusion is anticipated to deliver three key benefits:

• Expansion and diversification of the investor base
• Enhancement of trading liquidity
• Greater opportunity for Mainland Chinese investors to participate in Beike's growth through the financial market

KE Holdings (NYSE: BEKE; HKEX: 2423), also known as Beike, has scheduled the release of its unaudited financial results for Q4 and fiscal year 2024. The results will be announced before U.S. market opens on March 18, 2025.

The company will host an earnings conference call at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on the same day. The call will be available in both English and Chinese (listen-only mode), with registration required 20 minutes before the scheduled start. A replay will be accessible through March 25, 2025, and a webcast will be available on the company's investor relations website.

KE Holdings (NYSE: BEKE) has achieved a significant milestone with an upgrade in its MSCI ESG Rating from 'BBB' to 'A' in February 2025, marking its second consecutive year of improvement. The company scored an impressive 7.2 in the ESG social category, substantially above the global industry average of 4.3.

The advancement is attributed to Beike's strong focus on human capital development through vocational training programs and structured career paths, alongside robust privacy and data security measures. The company also made significant progress in environmental initiatives, securing a 1.8-point increase in the ESG environmental category through initiatives like the 'Lianjia Green Store Standard,' which implements eco-friendly renovations and smart energy controls in brokerage stores.

This upgrade from MSCI, a leading provider of investment decision support tools, reflects Beike's commitment to creating sustainable value in China's residential services industry through infrastructure transformation and technology innovation.

KE Holdings (BEKE) reported strong Q3 2024 financial results with net revenues increasing 26.8% year-over-year to RMB22.6 billion (US$3.2 billion). Gross transaction value (GTV) rose 12.5% to RMB736.8 billion. Net income was RMB1,168 million (US$167 million). The company saw significant growth across segments, with home rental services revenue surging 118.4% and home renovation revenue up 32.6%. However, gross margin decreased to 22.7% from 27.4% year-over-year. The company allocated approximately US$200 million to share repurchases in Q3.

KE Holdings (NYSE: BEKE; HKEX: 2423), known as Beike, has announced it will release its unaudited financial results for the third quarter of 2024 before U.S. market opens on November 21, 2024. The company will host an earnings conference call at 7:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on the same day. The call will be available in both English and Chinese (listen-only), with replay access until November 28, 2024. A webcast will also be available on the company's investor relations website.

KE Holdings Inc. (NYSE: BEKE, HKEX: 2423), known as Beike, has announced an expansion and extension of its share repurchase program. The company's board has approved an increase in the repurchase authorization from US$2.0 billion to US$3.0 billion of its Class A ordinary shares and/or ADSs. The program has also been extended until August 31, 2025.

Since the program's launch in August 2022, Beike has repurchased approximately 95.0 million ADSs (representing about 285.0 million Class A ordinary shares) on the NYSE, with a total consideration of approximately US$1,389.8 million. The company's shareholders approved a general unconditional mandate for share repurchases at the June 14, 2024 AGM, which will cover repurchases under the extended program until the next AGM.

KE Holdings Inc. (BEKE) announced its Q2 2024 financial results, revealing a 19.9% increase in net revenues to RMB23.4 billion (US$3.2 billion). Gross transaction value (GTV) rose by 7.5% year-over-year to RMB839.0 billion (US$115.5 billion). Net income reached RMB1,900 million (US$262 million), a 46.2% year-over-year increase. Adjusted net income was RMB2,693 million (US$371 million).

Existing home transactions saw a 25.0% GTV increase to RMB570.7 billion (US$78.5 billion), while new home transactions dropped by 20.2% to RMB235.3 billion (US$32.4 billion). Home renovation and furnishing GTV increased by 22.3% to RMB4.2 billion (US$0.6 billion). The number of stores increased by 6.9% and mobile monthly active users averaged 49.7 million.

BEKE also upsized its share repurchase program from US$2 billion to US$3 billion, extending it to August 31, 2025.