KB Home (NYSE:KBH) Given New $53.00 Price Target at Royal Bank Of Canada

KB Home (NYSE:KBH) had its price target lowered by Royal Bank Of Canada from $54.00 to $53.00 in a research note published on Wednesday,Benzinga reports. The brokerage currently has a sector perform rating on the construction company’s stock.

Several other equities analysts have also recently issued reports on the company. Wells Fargo & Company lowered their price objective on KB Home from $55.00 to $50.00 and set an “underweight” rating on the stock in a research report on Wednesday. Barclays reduced their target price on KB Home from $62.00 to $56.00 and set an “overweight” rating for the company in a report on Wednesday. Citizens Jmp started coverage on KB Home in a research note on Tuesday. They issued an “outperform” rating and a $77.00 price target for the company. Keefe, Bruyette & Woods lowered their price target on KB Home from $67.00 to $62.00 and set a “market perform” rating on the stock in a report on Tuesday, December 23rd. Finally, Raymond James Financial cut KB Home from an “outperform” rating to a “market perform” rating in a research report on Wednesday, December 24th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $59.50.

KB Home Stock Down 1.4%

NYSE:KBH opened at $52.18 on Wednesday. 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 firm has a market cap of $3.30 billion, a P/E ratio of 10.63, a P/E/G ratio of 7.04 and a beta of 1.47. KB Home has a fifty-two week low of $48.90 and a fifty-two week high of $68.71. The firm has a 50-day simple moving average of $59.55 and a two-hundred day simple moving average of $61.00.

KB Home (NYSE:KBH) last issued its earnings results on Tuesday, March 24th. The construction company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.01). KB Home had a return on equity of 9.59% and a net margin of 5.96%.The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the prior year, the company posted $1.49 EPS. The company’s quarterly revenue was down 22.6% on a year-over-year basis. Analysts predict that KB Home will post 8.42 earnings per share for the current fiscal year.

KB Home Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Thursday, February 5th were given 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 payout ratio is 20.37%.

Hedge Funds Weigh In On KB Home

Hedge funds and other institutional investors have recently modified their holdings of the company. Freestone Grove Partners LP purchased a new position in shares of KB Home in the 3rd quarter worth $111,050,000. Norges Bank purchased a new stake in KB Home during the second quarter valued at $55,329,000. Deprince Race & Zollo Inc. purchased a new stake in KB Home during the third quarter valued at $59,301,000. Donald Smith & CO. Inc. lifted its holdings 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 period. Finally, Goldman Sachs Group Inc. lifted its holdings in KB Home by 102.4% in the fourth 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 during the period. 96.09% of the stock is owned by institutional investors.

Key Headlines Impacting 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

About KB Home

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.