KB Home (NYSE:KBH – Free Report) had its price target lowered by UBS Group from $71.00 to $63.00 in a research report released on Wednesday,Benzinga reports. The firm currently has a buy rating on the construction company’s stock.
Other analysts have also recently issued research reports about the company. Bank of America reduced their price objective on KB Home from $63.00 to $56.00 and set a “neutral” rating for the company in a research report on Wednesday. Citizens Jmp began coverage on KB Home in a research report on Tuesday. They issued an “outperform” rating and a $77.00 target price on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of KB Home in a research note on Thursday, January 22nd. 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. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of KB Home from $67.00 to $62.00 and set a “market perform” rating on the stock in a research note on Tuesday, December 23rd. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $59.50.
View Our Latest Report on KB Home
KB Home Trading Down 1.4%
KB Home (NYSE:KBH – Get Free Report) last released its quarterly earnings results on Tuesday, March 24th. The construction company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.01). The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. KB Home had a net margin of 5.96% and a return on equity of 9.59%. KB Home’s quarterly revenue was down 22.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.49 earnings per share. Research analysts forecast that KB Home will post 8.42 earnings per share for the current year.
KB Home Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 5th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Thursday, February 5th. KB Home’s payout ratio is presently 20.37%.
Institutional Trading of KB Home
Institutional investors have recently made changes to their positions in the business. Freestone Grove Partners LP purchased a new stake in KB Home during the 3rd quarter valued at approximately $111,050,000. Norges Bank purchased a new position in shares of KB Home in the second quarter worth $55,329,000. Deprince Race & Zollo Inc. purchased a new position in shares of KB Home in the third quarter worth $59,301,000. Donald Smith & CO. Inc. boosted its position in shares of KB Home by 387.8% during the fourth quarter. Donald Smith & CO. Inc. now owns 725,394 shares of the construction company’s stock worth $40,919,000 after acquiring an additional 576,694 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of KB Home by 102.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 932,178 shares of the construction company’s stock worth $52,584,000 after acquiring an additional 471,598 shares during 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: 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.
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