Wedbush Has Negative Estimate for KB Home FY2025 Earnings

KB Home (NYSE:KBH - Free Report) - Equities researchers at Wedbush cut their FY2025 earnings per share estimates for shares of KB Home in a report released on Monday, January 13th. Wedbush analyst J. Mccanless now forecasts that the construction company will earn $8.72 per share for the year, down from their prior estimate of $9.67. Wedbush has a "Neutral" rating and a $75.00 price objective on the stock. The consensus estimate for KB Home's current full-year earnings is $8.42 per share. Wedbush also issued estimates for KB Home's Q4 2025 earnings at $2.55 EPS, Q4 2026 earnings at $3.14 EPS and FY2026 earnings at $10.14 EPS.

KBH has been the subject of a number of other research reports. JPMorgan Chase & Co. dropped their target price on shares of KB Home from $82.00 to $74.50 and set a "neutral" rating for the company in a research report on Wednesday. UBS Group dropped their price objective on shares of KB Home from $105.00 to $100.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Barclays cut their price objective on KB Home from $85.00 to $60.00 and set an "equal weight" rating for the company in a research report on Tuesday. Wells Fargo & Company decreased their target price on KB Home from $74.00 to $65.00 and set an "underweight" rating on the stock in a research report on Monday. Finally, Evercore ISI raised their price target on KB Home from $88.00 to $95.00 and gave the company an "outperform" rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, KB Home presently has an average rating of "Hold" and an average price target of $75.88.

KB Home Stock Performance

KBH traded down $0.49 during trading on Thursday, reaching $68.03. 938,497 shares of the company traded hands, compared to its average volume of 1,906,572. The company has a market cap of $4.99 billion, a P/E ratio of 8.76, a PEG ratio of 0.54 and a beta of 1.86. KB Home has a 12-month low of $58.05 and a 12-month high of $89.70. The firm has a fifty day simple moving average of $73.32 and a 200 day simple moving average of $77.92.

KB Home (NYSE:KBH - Get Free Report) last released its earnings results on Monday, January 13th. The construction company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.08. KB Home had a return on equity of 15.69% and a net margin of 9.31%. The firm had revenue of $2 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter last year, the business posted $1.85 earnings per share. The firm's revenue was up 19.5% on a year-over-year basis.

Institutional Trading of KB Home

Institutional investors have recently bought and sold shares of the stock. Wedge Capital Management L L P NC raised its stake in shares of KB Home by 15.4% in the fourth quarter. Wedge Capital Management L L P NC now owns 699,668 shares of the construction company's stock valued at $45,982,000 after acquiring an additional 93,277 shares during the period. Hennessy Advisors Inc. purchased a new stake in KB Home in the 4th quarter worth about $44,118,000. Mirador Capital Partners LP purchased a new stake in KB Home in the 4th quarter worth about $239,000. Burney Co. bought a new stake in KB Home in the fourth quarter worth about $230,000. Finally, Assenagon Asset Management S.A. boosted its position in shares of KB Home by 7.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 27,843 shares of the construction company's stock valued at $1,830,000 after buying an additional 1,890 shares during the period. 96.09% of the stock is currently owned by institutional investors.

About KB Home

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.