KB Home (KBH) – What Are Investment Firms Thinking About This Stock?

Shares of KB Home (NYSE:KBH – Get Free Report) have been assigned an average rating of “Hold” from the seventeen research firms that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $52.23.

A number of equities analysts have commented on KBH shares. Bank of America reduced their target price on shares of KB Home from $56.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, September 23rd. Weiss Ratings cut shares of KB Home from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 9th. Keefe, Bruyette & Woods lowered their price target on shares of KB Home from $65.00 to $54.00 and set a “market perform” rating on the stock in a report on Monday, October 5th. Truist Financial cut their price objective on shares of KB Home from $55.00 to $50.00 and set a “hold” rating on the stock in a research report on Wednesday, September 23rd. Finally, Wells Fargo & Company cut their price objective on shares of KB Home from $50.00 to $42.00 and set an “underweight” rating on the stock in a research report on Friday.

View Our Latest Research Report on KB Home

Insider Activity at KB Home

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

Institutional Trading of KB Home

A number of institutional investors have recently made changes to their positions in KBH. Mather Group LLC. purchased a new stake in KB Home during the 3rd quarter worth approximately $34,000. GAMMA Investing LLC increased its stake in KB Home by 26.3% during the 3rd quarter. GAMMA Investing LLC now owns 2,470 shares of the construction company’s stock valued at $115,000 after purchasing an additional 514 shares in the last quarter. Polaris Financial Partners purchased a new position in shares of KB Home in the third quarter worth $43,000. Cim Investment Management Inc. raised its holdings in shares of KB Home by 7.3% in the second quarter. Cim Investment Management Inc. now owns 7,802 shares of the construction company’s stock worth $488,000 after buying an additional 528 shares during the last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of KB Home by 3.5% in the second quarter. QRG Capital Management Inc. now owns 7,446 shares of the construction company’s stock worth $466,000 after buying an additional 252 shares during the last quarter. Institutional investors and hedge funds own 96.09% of the company’s stock.

Key KB Home News

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

  • Positive Sentiment: Zacks Research raised its KB Home EPS estimates for fiscal 2027 to $4.11 from $4.09, Q3 2027 to $1.08 from $1.01, and Q3 2028 to $1.37 from $1.34. The upward revisions suggest somewhat better expected earnings, although Zacks still rates the stock “Strong Sell.” KB Home Stock Gets Stronger EPS Forecast from Zacks Research
  • Neutral Sentiment: StoneX initiated coverage of KB Home, along with Toll Brothers and D.R. Horton. The article does not provide enough detail on its rating or price target to determine the likely market impact. StoneX initiates coverage of Toll Brothers, D.R. Horton, KB Home
  • Neutral Sentiment: A comparison article discusses KB Home versus Lifetime Brands, but it does not appear to contain a new company-specific operating update or catalyst for KB Home. Critical Comparison: Lifetime Brands vs. KB Home
  • Negative Sentiment: RBC Capital lowered its KB Home price target to $47 from $50 while maintaining a “Sector Perform” rating. Although the revised target remains above the recent trading level, the reduction signals more limited expected upside and is likely weighing on sentiment. RBC Capital Adjusts Price Target on KB Home

KB Home Trading Down 0.1%

KBH opened at $43.27 on Wednesday. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 2.25 and a beta of 1.34. KB Home has a 12 month low of $40.92 and a 12 month high of $67.57. The stock has a fifty day moving average price of $49.98 and a 200-day moving average price of $52.34.

KB Home (NYSE:KBH – Get Free Report) last issued its quarterly earnings data on Tuesday, September 22nd. The construction company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.17. KB Home had a return on equity of 6.56% and a net margin of 4.39%. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the company earned $1.61 earnings per share. The firm’s revenue for the quarter was down 20.0% compared to the same quarter last year. On average, equities research analysts forecast that KB Home will post 3.26 EPS for the current year.

KB Home Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Thursday, November 12th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, November 12th. KB Home’s dividend payout ratio (DPR) is 28.17%.

About KB Home

(Get Free Report)

KB Home is a national homebuilder that designs, constructs and sells single-family homes and townhomes. The company offers homes in a range of floor plans, sizes and price points, with options that allow buyers to personalize features and finishes. Its communities typically include amenities such as parks, open spaces and other neighborhood improvements.

Founded in 1957, KB Home is headquartered in Los Angeles, California. The company serves residential markets across the United States, including Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, South Carolina, Texas and Washington.

Read More

Analyst Recommendations for KB Home (NYSE:KBH)

Receive News & Ratings for KB Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KB Home and related companies with MarketBeat.com's FREE daily email newsletter.