KB Home (NYSE:KBH) Given New $50.00 Price Target at Wells Fargo & Company

KB Home (NYSE:KBH) had its price target cut by Wells Fargo & Company from $55.00 to $50.00 in a research note published on Wednesday,Benzinga reports. They currently have an underweight rating on the construction company’s stock.

A number of other equities analysts have also commented on the stock. Bank of America cut their price objective on shares of KB Home from $63.00 to $56.00 and set a “neutral” rating for the company in a research report on Wednesday. Truist Financial started coverage on shares of KB Home in a research note on Tuesday, March 3rd. They issued a “hold” rating and a $65.00 target price on the stock. JPMorgan Chase & Co. cut their price target on shares of KB Home from $71.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, December 29th. 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, UBS Group decreased their price target on shares of KB Home from $77.00 to $71.00 and set a “buy” rating on the stock in a report on Tuesday, January 6th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $59.50.

KB Home Stock Performance

Shares of KBH opened at $52.18 on Wednesday. KB Home has a 52-week low of $48.90 and a 52-week high of $68.71. The stock’s 50-day simple moving average is $59.55 and its 200 day simple moving average is $61.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.53 and a current ratio of 5.77. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 10.63, a price-to-earnings-growth ratio of 7.04 and a beta of 1.47.

KB Home (NYSE:KBH) last posted its earnings results 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 net margin of 5.96% and a return on equity of 9.59%. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the previous year, the firm earned $1.49 EPS. The firm’s quarterly revenue was down 22.6% compared to the same quarter last year. Research analysts forecast that KB Home will post 8.42 EPS for the current fiscal year.

KB Home Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Thursday, February 5th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, February 5th. KB Home’s dividend payout ratio (DPR) is currently 20.37%.

Hedge Funds Weigh In On KB Home

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Freestone Grove Partners LP bought a new position in shares of KB Home in the 3rd quarter worth $111,050,000. Norges Bank purchased a new position in KB Home in the second quarter worth $55,329,000. Deprince Race & Zollo Inc. bought a new position in KB Home in the third quarter valued at $59,301,000. Donald Smith & CO. Inc. increased its stake in KB Home by 387.8% in the fourth 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 during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in KB Home by 102.4% during the fourth 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 in the last quarter. Hedge funds and other institutional investors own 96.09% of the company’s stock.

Trending Headlines about KB Home

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.