KB Home (NYSE:KBH) Given New $56.00 Price Target at Bank of America

KB Home (NYSE:KBH) had its price target cut by Bank of America from $63.00 to $56.00 in a report published on Wednesday morning,Benzinga reports. They currently have a neutral rating on the construction company’s stock.

Several other brokerages have also recently weighed in on KBH. Royal Bank Of Canada reduced their price target 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. Citizens Jmp assumed coverage on KB Home in a research note on Tuesday. They issued an “outperform” rating and a $77.00 target price for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of KB Home in a report on Thursday, January 22nd. Wells Fargo & Company decreased their price target on KB Home from $60.00 to $55.00 and set an “underweight” rating on the stock in a research report on Friday, December 19th. Finally, Raymond James Financial downgraded shares of KB Home from an “outperform” rating to a “market perform” rating in a report on Wednesday, December 24th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, KB Home presently has a consensus rating of “Hold” and an average target price of $59.50.

KB Home Stock Performance

Shares of KBH stock opened at $52.18 on Wednesday. The firm’s 50 day moving average is $59.55 and its 200 day moving average is $61.00. 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 12 month low of $48.90 and a 12 month high of $68.71. The company has a current ratio of 5.77, a quick ratio of 0.53 and a debt-to-equity ratio of 0.43.

KB Home (NYSE:KBH) last released 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 net margin of 5.96% and a return on equity of 9.59%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the prior year, the firm posted $1.49 earnings per share. The firm’s quarterly revenue was down 22.6% on a year-over-year basis. On average, sell-side analysts anticipate that KB Home will post 8.42 earnings per share for the current year.

KB Home Dividend Announcement

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 institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC lifted its holdings in shares of KB Home by 204.8% during the 3rd quarter. SG Americas Securities LLC now owns 69,078 shares of the construction company’s stock worth $4,396,000 after acquiring an additional 46,415 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in KB Home in the third quarter worth $1,551,000. Deprince Race & Zollo Inc. bought a new position in KB Home in the third quarter valued at $59,301,000. Strs Ohio increased its stake in KB Home by 1,788.1% in the third quarter. Strs Ohio now owns 79,300 shares of the construction company’s stock valued at $5,047,000 after acquiring an additional 75,100 shares during the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in KB Home during the third quarter valued at about $1,451,000. 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.