KB Home's (KBH) "Neutral" Rating Reiterated at Wedbush

Wedbush reiterated their neutral rating on shares of KB Home (NYSE:KBH - Free Report) in a research report released on Tuesday morning,Benzinga reports. They currently have a $75.00 price objective on the construction company's stock. Wedbush also issued estimates for KB Home's Q2 2025 earnings at $1.47 EPS, Q3 2025 earnings at $1.88 EPS, Q4 2025 earnings at $2.45 EPS, FY2025 earnings at $7.28 EPS, Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $1.87 EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $2.91 EPS and FY2026 earnings at $8.38 EPS.

KBH has been the subject of a number of other reports. Raymond James reiterated an "outperform" rating and issued a $80.00 price target (down from $93.00) on shares of KB Home in a research note on Tuesday, January 21st. Seaport Res Ptn upgraded KB Home from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. The Goldman Sachs Group cut their price target on KB Home from $81.00 to $72.00 and set a "neutral" rating on the stock in a research note on Friday, March 7th. Wells Fargo & Company lowered their price objective on KB Home from $63.00 to $57.00 and set an "underweight" rating for the company in a research note on Tuesday. Finally, Royal Bank of Canada upgraded shares of KB Home from an "underperform" rating to a "sector perform" rating and cut their target price for the stock from $70.00 to $67.00 in a research report on Friday, January 10th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $71.21.

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KB Home Price Performance

NYSE:KBH traded down $1.42 during trading hours on Tuesday, hitting $57.79. The company's stock had a trading volume of 1,201,420 shares, compared to its average volume of 1,270,781. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.51 and a quick ratio of 0.83. The company has a market capitalization of $4.13 billion, a P/E ratio of 6.82, a PEG ratio of 0.90 and a beta of 1.89. KB Home has a twelve month low of $56.41 and a twelve month high of $89.70. The stock has a fifty day simple moving average of $63.43 and a 200-day simple moving average of $72.46.

KB Home (NYSE:KBH - Get Free Report) last announced its quarterly earnings results on Monday, March 24th. The construction company reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.07). The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.51 billion. KB Home had a net margin of 9.45% and a return on equity of 16.46%. The company's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period last year, the firm posted $1.76 earnings per share. On average, analysts anticipate that KB Home will post 8.42 EPS for the current fiscal year.

KB Home Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend was Thursday, February 6th. KB Home's dividend payout ratio is presently 12.20%.

Insider Activity

In other news, CFO Jeff Kaminski sold 27,500 shares of KB Home stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $68.77, for a total value of $1,891,175.00. Following the completion of the sale, the chief financial officer now owns 34,473 shares in the company, valued at $2,370,708.21. The trade was a 44.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 3.89% of the stock is owned by company insiders.

Institutional Investors Weigh In On KB Home

Large investors have recently bought and sold shares of the stock. Xponance Inc. boosted its position in shares of KB Home by 1.7% during the 4th quarter. Xponance Inc. now owns 9,815 shares of the construction company's stock worth $645,000 after purchasing an additional 163 shares in the last quarter. Principal Securities Inc. raised its stake in KB Home by 43.6% during the 4th quarter. Principal Securities Inc. now owns 590 shares of the construction company's stock worth $39,000 after buying an additional 179 shares during the period. Blue Trust Inc. boosted its holdings in KB Home by 15.3% in the fourth quarter. Blue Trust Inc. now owns 1,465 shares of the construction company's stock worth $96,000 after acquiring an additional 194 shares in the last quarter. Amundi boosted its holdings in KB Home by 29.6% in the fourth quarter. Amundi now owns 880 shares of the construction company's stock worth $58,000 after acquiring an additional 201 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in KB Home by 0.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,019 shares of the construction company's stock valued at $2,433,000 after acquiring an additional 206 shares during the period. 96.09% of the stock is currently owned by institutional investors and hedge funds.

KB Home Company Profile

KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers.