Barclays Lowers KB Home (NYSE:KBH) Price Target to $49.00

KB Home (NYSE:KBH) had its price objective decreased by Barclays from $57.00 to $49.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the construction company’s stock. Barclays‘s price objective indicates a potential upside of 0.78% from the company’s current price.

Other equities analysts also recently issued research reports about the company. Weiss Ratings raised KB Home from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday. Bank of America dropped their price target on shares of KB Home from $56.00 to $54.00 and set a “neutral” rating for the company in a research report on Wednesday. Zacks Research cut KB Home from a “hold” rating to a “strong sell” rating in a report on Thursday, September 17th. Citizens Jmp restated a “market outperform” rating and issued a $77.00 target price on shares of KB Home in a research report on Thursday, September 10th. Finally, Wall Street Zen upgraded shares of KB Home from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, KB Home presently has an average rating of “Hold” and a consensus price target of $58.50.

KB Home Stock Performance

KB Home stock opened at $48.62 on Wednesday. The stock has a market capitalization of $2.98 billion, a P/E ratio of 16.94, a PEG ratio of 2.47 and a beta of 1.34. KB Home has a 52 week low of $44.03 and a 52 week high of $67.57. The stock has a 50-day simple moving average of $54.18 and a 200 day simple moving average of $53.44.

KB Home (NYSE:KBH) last released its quarterly earnings data on Tuesday, September 22nd. The construction company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.88 by $0.17. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.30 billion. KB Home had a net margin of 4.94% and a return on equity of 7.67%. The company’s quarterly revenue was down 20.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.61 earnings per share. Research analysts forecast that KB Home will post 3.27 earnings per share for the current year.

Insider Transactions at KB Home

In related news, EVP Albert Z. Praw sold 22,015 shares of KB Home stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $58.70, for a total transaction of $1,292,280.50. Following the sale, the executive vice president directly owned 104,062 shares of the company’s stock, valued at approximately $6,108,439.40. The trade was a 17.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Arthur Collins sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $56.96, for a total transaction of $227,840.00. Following the transaction, the director owned 9,157 shares of the company’s stock, valued at approximately $521,582.72. This represents a 30.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.69% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Van Hulzen Asset Management LLC bought a new stake in KB Home during the 2nd quarter worth approximately $563,000. Engineers Gate Manager LP bought a new stake in shares of KB Home in the second quarter worth $658,000. Integrated Wealth Concepts LLC acquired a new position in KB Home during the 2nd quarter worth about $73,000. Nykredit A S acquired a new position in shares of KB Home in the second quarter worth approximately $152,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in KB Home during the 2nd quarter valued at approximately $1,609,000. 96.09% of the stock is currently owned by institutional investors and hedge funds.

KB Home News Roundup

Here are the key news stories impacting KB Home this week:

• Positive Sentiment: KB Home reported third-quarter adjusted earnings of $1.05 per share, beating the $0.88 analyst consensus. The company also repurchased $50 million of stock, and its ending backlog increased 3% in value to $2.05 billion. KB Home Reports 2026 Third Quarter Results
• Positive Sentiment: The company’s built-to-order strategy helped support profitability, with quarterly housing gross margin of 16.5%. The earnings beat and resilient backlog provide some support for the shares despite broader housing-market weakness. KB Home Q3 Earnings Top Consensus
• Neutral Sentiment: Analysts remain divided. Wells Fargo maintained a Sell rating with a $50 price target, while Bank of America reiterated Hold with a $54 target, citing softer demand and a weaker outlook. Wells Fargo Maintains Sell Rating
• Negative Sentiment: Revenue fell 20% year over year to $1.30 billion, net income dropped to $65.3 million from $109.8 million, and deliveries declined 19% to 2,732 homes. Net orders also fell 12%, signaling continued pressure from elevated mortgage rates and cautious buyers. KB Home Q3 Revenue Falls 20 Percent
• Negative Sentiment: KB Home reduced its full-year gross-margin outlook to 16.0%-16.2% from 16.1%-16.5%. Investors were also unsettled by a softer fourth-quarter and full-year sales outlook, which suggests pricing incentives and financing costs may continue to weigh on profitability. KB Home Cuts Margin Outlook

About KB Home

KB Home (NYSE: KBH) is a homebuilding company that designs, constructs and sells residential properties in the United States. Its offerings primarily include single-family homes, with communities and floor plans intended for first-time buyers, move-up buyers and other owner-occupants. The company also provides homebuyers with opportunities to personalize selected features and finishes through its build-to-order approach.

The company operates in several major housing markets across the United States, including locations in Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, South Carolina, Texas and Washington.