KB Home (NYSE:KBH) Upgraded to “Hold” at Stonex Financia

Stonex Financia upgraded shares of KB Home (NYSE:KBH) to a hold rating in a research note issued to investors on Thursday morning,Zacks reports.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company lowered their target price on shares of KB Home from $50.00 to $42.00 and set an “underweight” rating for the company in a report on Friday. Royal Bank Of Canada dropped their price target on KB Home from $50.00 to $47.00 and set a “sector perform” rating on the stock in a research report on Thursday. Morgan Stanley initiated coverage on KB Home in a research note on Thursday, October 1st. They issued an “underweight” rating and a $39.00 price target on the stock. Zacks Research downgraded KB Home from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 17th. Finally, Melius Research assumed coverage on KB Home in a research report on Tuesday, October 6th. They set a “sell” rating and a $43.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $52.23.

KB Home Stock Performance

Shares of KB Home stock traded down $0.38 during trading on Thursday, hitting $43.27. The company’s stock had a trading volume of 1,194,852 shares, compared to its average volume of 1,851,499. KB Home has a 52 week low of $40.92 and a 52 week high of $67.57. The company has a market capitalization of $2.63 billion, a PE ratio of 12.19, a P/E/G ratio of 2.26 and a beta of 1.34. The company has a fifty 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 EPS for the quarter, topping the consensus estimate of $0.88 by $0.17. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.30 billion. KB Home had a net margin of 4.39% and a return on equity of 6.56%. KB Home’s quarterly revenue was down 20.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.61 earnings per share. As a group, analysts predict that KB Home will post 3.27 EPS for the current year.

KB Home Announces Dividend

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

Insider Activity

In related news, Director Arthur Collins sold 4,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $56.96, for a total transaction of $227,840.00. Following the sale, the director directly owned 9,157 shares of the company’s stock, valued at approximately $521,582.72. This represents a 30.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Albert Praw sold 22,015 shares of the firm’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. This represents a 17.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 4.69% of the company’s stock.

Institutional Investors Weigh In On KB Home

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

KB Home News Summary

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

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.