KB Home (NYSE:KBH) Price Target Cut to $56.00 by Analysts at The Goldman Sachs Group

KB Home (NYSE:KBH) had its price objective trimmed by The Goldman Sachs Group from $65.00 to $56.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a neutral rating on the construction company’s stock.

A number of other brokerages have also recently commented on KBH. Citizens Jmp started coverage on shares of KB Home in a research report on Tuesday. They issued an “outperform” rating and a $77.00 target price on the stock. Raymond James Financial cut KB Home from an “outperform” rating to a “market perform” rating in a research note on Wednesday, December 24th. Barclays decreased their price objective on KB Home from $62.00 to $56.00 and set an “overweight” rating on the stock in a report on Wednesday. Truist Financial lowered their target price on KB Home from $65.00 to $54.00 and set a “hold” rating for the company in a research note on Wednesday. Finally, Bank of America dropped their target price on KB Home from $63.00 to $56.00 and set a “neutral” rating for the company in a report on Wednesday. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, KB Home currently has a consensus rating of “Hold” and a consensus price target of $59.50.

KB Home Stock Down 1.4%

Shares of NYSE KBH opened at $52.18 on Wednesday. The stock has a market capitalization of $3.30 billion, a P/E ratio of 10.63, a PEG ratio of 7.04 and a beta of 1.47. KB Home has a one year low of $48.90 and a one year high of $68.71. The firm’s 50 day simple moving average is $59.55 and its two-hundred day simple moving average is $61.00. 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 (NYSE:KBH) last announced its quarterly earnings data on Tuesday, March 24th. The construction company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.01). KB Home had a return on equity of 9.59% and a net margin of 5.96%.The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the firm posted $1.49 earnings per share. The company’s revenue was down 22.6% compared to the same quarter last year. As a group, analysts expect that KB Home will post 8.42 EPS for the current fiscal year.

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 given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, February 5th. This represents a $1.00 annualized dividend and a yield of 1.9%. KB Home’s dividend payout ratio is presently 20.37%.

Hedge Funds Weigh In On KB Home

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

More KB Home News

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

• Positive Sentiment: Management is accelerating a shift to build‑to‑order (targeting ~70% of deliveries in H2 2026), which management says should preserve pricing/margins as volume softens. KB Home outlines shift to 70% built-to-order deliveries
• Positive Sentiment: KBH repurchased $50 million of stock in Q1, a modest capital return that supports EPS and signals board confidence. KB HOME REPORTS 2026 FIRST QUARTER RESULTS
• Positive Sentiment: At least one firm (Citizens/JMP) initiated coverage with an outperform and a high price target, showing some analyst confidence in longer-term upside. Citizens Initiates Coverage of KB Home
• Neutral Sentiment: Q1 EPS came in roughly in line with some estimates (≈$0.52) but revenue missed and declined ~22–23% year‑over‑year — mixed signals on operating leverage. Investors should read the call/transcript for detail on orders and cancellations. KB Home Q1 Earnings Meet Estimates, Revenues Miss
• Neutral Sentiment: Full earnings call transcript and slide deck provide details on backlog, cancellations, and timing of the build‑to‑order margin improvement; useful for modeling turnaround timing. KB Home Q1 2026 Earnings Call Transcript
• Negative Sentiment: Management cut full‑year guidance and explicitly said the Iran/Middle East war is already deterring prospective buyers, flagging lower near‑term demand and adding macro uncertainty to the outlook. Leading home builder says the Iran war is already hurting housing market
• Negative Sentiment: Q1 revenue dropped roughly 23% y/y and the weak top line plus a softer order cadence prompted the guidance cut — the core reason sell‑side models are being downgraded. KB Home Stock Sinks After Q1 Revenues Fall 23%
• Negative Sentiment: Multiple analysts trimmed price targets and ratings after the quarter (Goldman, UBS, Truist, Wells Fargo, RBC, BofA, etc.), increasing near‑term sell pressure and lowering consensus estimates. KB Home Analysts Lower Their Forecasts After Downbeat Q1 Results

KB Home Company Profile

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.