KB Home’s (KBH) “Neutral” Rating Reiterated at Wedbush

Wedbush reaffirmed their neutral rating on shares of KB Home (NYSE:KBH) in a research report report published on Tuesday morning,Benzinga reports. The brokerage currently has a $75.00 price objective on the construction company’s stock. Wedbush also issued estimates for KB Home’s Q2 2025 earnings at $1.47 EPS, Q3 2025 earnings at $1.88 EPS, Q4 2025 earnings at $2.45 EPS, FY2025 earnings at $7.28 EPS, Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $1.87 EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $2.91 EPS and FY2026 earnings at $8.38 EPS.

Several other research analysts have also issued reports on KBH. JPMorgan Chase & Co. lowered their target price on KB Home from $82.00 to $74.50 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Bank of America lowered their price objective on KB Home from $67.00 to $62.00 and set a “neutral” rating for the company in a research report on Tuesday. Royal Bank of Canada raised KB Home from an “underperform” rating to a “sector perform” rating and cut their price objective for the stock from $70.00 to $67.00 in a research note on Friday, January 10th. Keefe, Bruyette & Woods decreased their target price on shares of KB Home from $85.00 to $76.00 and set a “market perform” rating for the company in a research report on Friday, January 17th. Finally, Wells Fargo & Company dropped their price target on shares of KB Home from $63.00 to $57.00 and set an “underweight” rating on the stock in a research report on Tuesday. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $71.21.

KB Home Stock Performance

NYSE:KBH opened at $59.29 on Tuesday. The stock’s 50-day moving average is $63.63 and its 200-day moving average is $72.62. KB Home has a 1-year low of $56.41 and a 1-year high of $89.70. The company has a current ratio of 5.51, a quick ratio of 0.83 and a debt-to-equity ratio of 0.42. The stock has a market cap of $4.24 billion, a P/E ratio of 7.00, a price-to-earnings-growth ratio of 0.90 and a beta of 1.89.

KB Home (NYSE:KBH) last posted its earnings results on Monday, March 24th. The construction company reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.07). The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.51 billion. KB Home had a return on equity of 16.46% and a net margin of 9.45%. The company’s revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.76 earnings per share. Equities research analysts anticipate that KB Home will post 8.42 earnings per share for the current year.

KB Home Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were issued a dividend of $0.25 per share. The ex-dividend date was Thursday, February 6th. This represents a $1.00 annualized dividend and a dividend yield of 1.69%. KB Home’s dividend payout ratio is currently 12.20%.

Insider Activity

In other news, CFO Jeff Kaminski sold 27,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $68.77, for a total transaction of $1,891,175.00. Following the transaction, the chief financial officer now directly owns 34,473 shares of the company’s stock, valued at $2,370,708.21. This represents a 44.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.89% of the stock is currently owned by company insiders.

Institutional Trading of KB Home

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quest Partners LLC grew its holdings in shares of KB Home by 101,600.0% during the third quarter. Quest Partners LLC now owns 1,017 shares of the construction company’s stock valued at $87,000 after buying an additional 1,016 shares during the last quarter. Pathstone Holdings LLC lifted its position in KB Home by 1.3% in the 3rd quarter. Pathstone Holdings LLC now owns 20,528 shares of the construction company’s stock valued at $1,759,000 after acquiring an additional 263 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in KB Home by 22.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 906,236 shares of the construction company’s stock valued at $77,655,000 after purchasing an additional 164,010 shares during the last quarter. Citigroup Inc. increased its holdings in KB Home by 62.1% during the 3rd quarter. Citigroup Inc. now owns 107,051 shares of the construction company’s stock worth $9,173,000 after purchasing an additional 40,992 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in KB Home by 24.7% during the 3rd quarter. Cerity Partners LLC now owns 38,742 shares of the construction company’s stock worth $3,320,000 after purchasing an additional 7,679 shares in the last quarter. Institutional investors own 96.09% of the company’s stock.

About KB Home

KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers.