KB Home (KBH) Stock Price, News & Analysis

Company Overview

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. The company also provides financial services, such as insurance products and title services, as well as mortgage banking services, including residential consumer mortgage loans to homebuyers. It has operations in Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, Texas, and Washington. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is based in Los Angeles, California.

Key Stats

• Today's Range: $81.97 to $83.58
• 50-Day Range: $77.26 to $87.44
• 52-Week Range: $53.54 to $89.70
• Volume: 106,347 shs
• Average Volume: 1.20 million shs
• Market Capitalization: $6.01 billion
• P/E Ratio: 10.52
• Dividend Yield: 1.22%
• Price Target: $77.50
• Consensus Rating: Hold

KB Home Stock Analysis - MarketRank™

KB Home scored higher than 88% of companies evaluated by MarketBeat, and ranked 23rd out of 101 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

KB Home has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 4 buy ratings, 5 hold ratings, and 4 sell ratings.

Amount of Analyst Coverage

KB Home has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 8.41%

Earnings Growth

Earnings for KB Home are expected to grow by 8.41% in the coming year, from $8.44 to $9.15 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of KB Home is 10.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of KB Home is 10.59, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 28.87.

Price to Earnings Growth Ratio

KB Home has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

KB Home has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.91% of the float of KB Home has been sold short.

Short Interest Ratio / Days to Cover

KB Home has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in KB Home has recently increased by 9.55%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

KB Home pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

KB Home does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of KB Home is 12.82%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, KB Home will have a dividend payout ratio of 10.93% next year. This indicates that KB Home will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -2.98

Percentage of Shares Shorted

8.91% of the float of KB Home has been sold short.

Short Interest Ratio / Days to Cover

KB Home has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in KB Home has recently increased by 9.55%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.07

News Sentiment

KB Home has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.89 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for KB Home this week, compared to 10 articles on an average week.

Search Interest

Only 3 people have searched for KBH on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added KB Home to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, KB Home insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,183,500.00 in company stock.

Percentage Held by Insiders

Only 3.52% of the stock of KB Home is held by insiders.

Percentage Held by Institutions

96.09% of the stock of KB Home is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KBH Stock Analysis - Frequently Asked Questions

How have KBH shares performed this year?

KB Home's stock was trading at $62.46 on January 1st, 2024. Since then, KBH stock has increased by 32.3% and is now trading at $82.61.
View the best growth stocks for 2024 here.

How were KB Home's earnings last quarter?

KB Home (NYSE:KBH) posted its earnings results on Tuesday, September, 24th. The construction company reported $2.04 earnings per share for the quarter, missing analysts' consensus estimates of $2.06 by $0.02. The business's revenue was up 10.3% on a year-over-year basis.

Is KB Home doing a stock buyback?

KB Home's Board of Directors authorized a stock buyback program on Wednesday, March 22nd 2023, which permits the company to buy back $500,000,000 in shares, according to EventVestor. This means that the company could buy up to 15.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

Who are KB Home's major shareholders?

KB Home's top institutional shareholders include FMR LLC (7.38%), State Street Corp (4.83%), Fisher Asset Management LLC (3.01%) and Geode Capital Management LLC (2.64%). Insiders that own company stock include Jeffrey T Mezger, Melissa Lora, Brian J Woram, Albert Z Praw, William R Hollinger, Thomas W Gilligan and Jeff Kaminski.
View institutional ownership trends.

How do I buy shares of KB Home?

Shares of KBH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of KB Home own?

Based on aggregate information from My MarketBeat watchlists, some other companies that KB Home investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 9/24/2024
• Ex-Dividend for 11/27 Dividend: 11/14/2024
• Dividend Payable: 11/27/2024
• Today: 12/03/2024
• Next Earnings (Estimated): 1/08/2025
• Fiscal Year End: 11/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Operative builders
• Sub-Industry: Homebuilding
• Current Symbol: NYSE:KBH
• CUSIP: 48666K10
• CIK: 795266
• Web: www.kbhome.com
• Phone: (310) 231-4000
• Fax: 310-231-4222
• Employees: 2,205
• Year Founded: 1957

Price Target and Rating

• Average Stock Price Target: $77.50
• High Stock Price Target: $99.00
• Low Stock Price Target: $46.00
• Potential Upside/Downside: -6.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.80
• Trailing P/E Ratio: 10.66
• Forward P/E Ratio: 9.85
• P/E Growth: 0.71
• Net Income: $590.18 million
• Net Margins: 9.31%
• Pretax Margin: 12.16%
• Return on Equity: 15.69%
• Return on Assets: 9.11%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.24
• Quick Ratio: 0.26

Sales & Book Value

• Annual Sales: $6.60 billion
• Price / Sales: 0.92
• Cash Flow: $7.98 per share
• Price / Cash Flow: 10.42
• Book Value: $48.04 per share
• Price / Book: 1.73

Miscellaneous

• Outstanding Shares: 73,334,000
• Free Float: 70,078,000
• Market Cap: $6.10 billion
• Optionable: Optionable
• Beta: 1.81