FY2027 EPS Estimates for KB Home Reduced by Zacks Research

KB Home (NYSE:KBHFree Report) – Investment analysts at Zacks Research reduced their FY2027 earnings estimates for shares of KB Home in a research report issued to clients and investors on Monday, March 9th. Zacks Research analyst Team now expects that the construction company will post earnings of $5.58 per share for the year, down from their previous estimate of $6.19. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for KB Home’s current full-year earnings is $8.42 per share. Zacks Research also issued estimates for KB Home’s Q4 2027 earnings at $2.00 EPS and FY2028 earnings at $6.71 EPS.

KB Home (NYSE:KBHGet Free Report) last released its quarterly earnings data on Thursday, December 18th. The construction company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.13. The firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.66 billion. KB Home had a net margin of 6.88% and a return on equity of 11.40%. KB Home’s revenue was down 15.5% compared to the same quarter last year. During the same period last year, the business earned $2.52 earnings per share.

Other analysts have also issued research reports about the stock. Raymond James Financial lowered shares of KB Home from an “outperform” rating to a “market perform” rating in a research report on Wednesday, December 24th. Wells Fargo & Company cut their target price on KB Home from $60.00 to $55.00 and set an “underweight” rating for the company in a research note on Friday, December 19th. Bank of America reduced their target price on KB Home from $62.00 to $58.00 and set a “neutral” rating on the stock in a research report on Monday, December 22nd. JPMorgan Chase & Co. decreased their price target on KB Home from $71.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, December 29th. Finally, Royal Bank Of Canada cut their price objective on KB Home from $59.00 to $54.00 and set a “sector perform” rating for the company in a research report on Friday, December 19th. Two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $62.92.

Read Our Latest Stock Report on KB Home

KB Home Stock Performance

KB Home stock opened at $54.64 on Wednesday. The firm has a 50 day simple moving average of $60.72 and a 200-day simple moving average of $61.78. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 11.13, a price-to-earnings-growth ratio of 7.43 and a beta of 1.47. The company has a debt-to-equity ratio of 0.43, a current ratio of 5.77 and a quick ratio of 0.53. KB Home has a 1-year low of $48.90 and a 1-year high of $68.71.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of KBH. Freestone Grove Partners LP purchased a new stake in shares of KB Home in the 3rd quarter valued at $111,050,000. Norges Bank acquired a new position in KB Home during the 2nd quarter worth about $55,329,000. Deprince Race & Zollo Inc. purchased a new position in KB Home during the 3rd quarter valued at about $59,301,000. Donald Smith & CO. Inc. grew its position in KB Home by 387.8% in the 4th quarter. Donald Smith & CO. Inc. now owns 725,394 shares of the construction company’s stock valued at $40,919,000 after acquiring an additional 576,694 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in KB Home by 102.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 932,178 shares of the construction company’s stock valued at $52,584,000 after acquiring an additional 471,598 shares in the last quarter. 96.09% of the stock is currently owned by hedge funds and other institutional investors.

KB Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Thursday, February 5th. KB Home’s dividend payout ratio is 20.37%.

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KB Home Company Profile

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KB Home is an American homebuilding company headquartered in Los Angeles, California. Founded in 1957, it was among the first homebuilders to go public, offering investors access to one of the nation’s largest residential construction platforms. The company is structured to serve a broad spectrum of homebuyers, with a particular focus on first-time, first move-up and active adult segments. As a public company trading on the New York Stock Exchange under the symbol KBH, KB Home draws on decades of experience in land acquisition, construction and community planning.

At its core, KB Home designs and constructs single-family detached and attached homes, townhomes and condominium units.

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Earnings History and Estimates for KB Home (NYSE:KBH)

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