KB Home (NYSE:KBH) Stock Has Consensus Price Target of $53.08 According to Brokerages

Shares of KB Home (NYSE:KBH) have earned a consensus recommendation of “Hold” from the sixteen research firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $52.23.

A number of research analysts recently commented on KBH shares. UBS Group reissued a “buy” rating on shares of KB Home in a research note on Wednesday, September 23rd. Melius Research started coverage on KB Home in a research report on Tuesday, October 6th. They set a “sell” rating and a $43.00 price objective on the stock. Weiss Ratings lowered KB Home from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 9th. The Goldman Sachs Group set a $56.00 price objective on KB Home in a report on Monday. Finally, Wells Fargo & Company decreased their price objective on KB Home from $50.00 to $42.00 and set an “underweight” rating on the stock in a report on Friday.

Insider Buying and Selling

In related news, Director Arthur Collins sold 4,000 shares of the stock in a transaction on Thursday, August 6th. The shares were 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 trade represents a 30.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Albert Z. Praw sold 22,015 shares of the company’s stock in a transaction dated 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On KB Home

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bessemer Group Inc. increased its stake in KB Home by 80.0% in the 1st quarter. Bessemer Group Inc. now owns 495 shares of the construction company’s stock worth $26,000 after purchasing an additional 220 shares during the period. Eastern Bank bought a new position in shares of KB Home during the second quarter valued at about $26,000. Mather Group LLC. purchased a new stake in shares of KB Home during the third quarter worth about $34,000. Polaris Financial Partners purchased a new position in KB Home during the 3rd quarter valued at about $43,000. Finally, Ameritas Advisory Services LLC purchased a new position in KB Home during the 2nd quarter valued at about $46,000. Institutional investors own 96.09% of the company’s stock.

Key Stories Impacting KB Home

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 Price Performance

Shares of KB Home stock opened at $43.27 on Wednesday. KB Home has a 1 year low of $40.92 and a 1 year high of $67.57. The firm has a market cap of $2.63 billion, a PE ratio of 11.14, a PEG ratio of 2.26 and a beta of 1.34. The company has a 50 day simple moving average of $49.98 and a two-hundred day simple moving average of $52.33.

KB Home (NYSE:KBH) last posted its quarterly earnings data on Tuesday, September 22nd. The construction company reported $1.05 earnings per share 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 analysts’ expectations of $1.30 billion. KB Home had a net margin of 4.39% and a return on equity of 6.56%. During the same quarter last year, the company posted $1.61 EPS. The business’s quarterly revenue was down 20.0% on a year-over-year basis. As a group, research analysts anticipate that KB Home will post 3.27 earnings per share for the current year.

KB Home Dividend Announcement

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

About KB Home

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.