BEKE · NYSE · Real Estate - Services

KE (ADR) (BEKE)

Connects China's home transactions, rentals, and renovations through Beike and Lianjia.

$16.41
vs last close+0.03 (+0.18%)
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KE Holdings Inc.BEKE
Real Estate

Connects home buyers, sellers, renters, developers, and service providers in China through the Beike platform and owned Lianjia brokerage. Revenue comes from existing- and new-home transactions, renovation and furnishing, rental services, and a smaller emerging-services line, supported by property data and the Agent Cooperation Network.

Connects home buyers, sellers, renters, developers, and service providers across China through the Beike platform and its owned Lianjia brokerage. Existing-home services earn brokerage commissions and platform or franchise fees, while new-home services connect developers with customers through owned and connected channels.

Home renovation and furnishing spans design, remodeling, materials, delivery, and after-sales work. Home rental services cover property management and leasing agency, alongside a smaller emerging and other services line.

Combines property data, authentic-listing standards, digital tools, and the Agent Cooperation Network to assign transaction roles and commission allocation across stores and brands. The business is concentrated in China and depends on housing transaction volumes, developer conditions, local housing rules, platform regulation, and access to its connected agent network.

Company facts

CEOYongdong Peng
ListedAug 13, 2020
ExchangeNYSE
HeadquartersBeijing, China
CountryChina
Employees119,245
CIK0001809587
ISINUS4824971042

Market cap$18.10B
EPS (ttm)$0.6251
P/E (ttm)26.20
ROE7.1%
P/B1.85
P/S1.37
Dividend yieldDiv yield1.68%
Beta0.88vs XLRE 0.17

Price target$23.40+42.9%Average of 12 analysts
ConsensusBuy11 of 12 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 19, 2026CLSAInitiate
Rating: Target:
Rating: OutperformTarget: $23.80
May 12, 2026UBSTarget
Target: $19
Target: $23
May 4, 2026Goldman SachsTarget
Target: $19
Target: $21
Apr 8, 2026GriffinTarget
Target: $23.80
Target: $24.40
Feb 19, 2026BarclaysTarget
Target: $30
Target: $23

Next report
Nov 10, 26
in 48 days
EPS estimate
$0.25
Revenue estimate
$3.10B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$0.16$0.16$0.22$0.16$0.07$0.20$0.42Pending
Estimate$0.26$0.16$0.22$0.16$0.10$0.14$0.31$0.25
Surprise−38.5%0.0%0.0%0.0%−33.1%+42.9%+35.5%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$4.26B$3.20B$3.63B$3.24B$3.17B$2.74B$3.61BPending
Estimate$3.78B$3.12B$3.65B$3.12B$3.17B$2.70B$3.59B$3.10B
Surprise+12.7%+2.8%−0.7%+3.7%0.0%+1.4%+0.7%
Estimate$0.25
ReportedDue Nov 10, 2026
Estimate$3.10B
ReportedDue Nov 10, 2026
View details

Debt to equity22.00%
Current ratio170.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.37B$4.64B$3.48B$3.88B$3.44B$3.31B$2.82B$3.65B
Net income$174.5M$85.0M$127.5M$193.9M$111.7M$13.1M$187.1M$389.8M
Net margin5.2%1.8%3.7%5.0%3.3%0.4%6.6%10.7%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$108.3M$276.8M$88.0M$210.7M$103.2M$68.2M$189.7M$449.8M
YoY growth−20.2%Turned profit+4,882.0%−29.8%−4.7%−75.4%+115.5%+113.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $8.35B · Total debt $2.15B · Total assets $16.75B · Shareholders' equity $9.77B

Revenue
$3.65B
Operating income
$449.8M
Net income
$389.8M

Reported in CNY, converted at the latest exchange rate

View details

Dividend yield
1.68%
Next ex-date
Apr 8, 27
estimated · in 197 days
Annual dividend
$0.28
per share
Schedule
Annual
one payment a year

HistoryDividendAnnual yield

Apr '24Apr '25Apr '26
Dividend$0.351$0.36$0.276
Annual yield2.51%1.96%1.77%
Ex-dateApr 4Apr 9Apr 8
Payment dateApr 24Apr 25Apr 24
View details

Institutions11.61%128.28M ADS
235 holders · as of Jun 30, 2026
Insiders51.31%566.85M ADS
6 holders · as of Sep 23, 2026
Strategic holders28.74%317.48M ADS
2 holders · as of Sep 30, 2025
Other8.34%92.14M ADS
remainder

1.10B ADS (1 ADS = 3 ordinary shares) as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2022 annual report; nothing newer is on file here.

This company has 4 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
ZUO HuiInsider
43.23%477.55Mfiled Feb 8, 2021
Baihui Partners L.P.Institution
25.63%283.20Mfiled Aug 18, 2026
SB Global Advisers LimitedStrategic
19.83%219.08Mfiled Feb 14, 2022
Tencent Holdings LimitedStrategic
8.91%98.40Mfiled Sep 30, 2025
Yongdong PengInsiderdirector, officer: Chief Executive Officer
5.22%78.86M A ordinary · 94.08M B ordinaryfiled Aug 18, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 21, 2026Yigang Shandirector, officer: Executive Director−3,326,670$5.44
View details

Compare

CompanyPriceChange
KE (ADR)$16.41+0.18%$18.10B26.217.11.4−0.4%
Fangdd Network Group (ADR)$0.6159+0.41%$4.9M0.1
Median0.1