Wedbush Brokers Lower Earnings Estimates for KB Home

KB Home (NYSE:KBH - Free Report) - Wedbush cut their Q2 2025 earnings per share estimates for shares of KB Home in a report issued on Monday, March 24th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $1.47 for the quarter, down from their previous forecast of $2.27. 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 Q3 2025 earnings at $1.88 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 and FY2026 earnings at $8.38 EPS.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. lowered their target price on KB Home from $82.00 to $74.50 and set a "neutral" rating for the company in a report on Wednesday, January 15th. Raymond James reiterated an "outperform" rating and issued a $80.00 target price (down previously from $93.00) on shares of KB Home in a research note on Tuesday, January 21st. UBS Group reduced their target price on shares of KB Home from $97.00 to $86.00 and set a "buy" rating for the company in a report on Tuesday, March 25th. Wells Fargo & Company lowered their price target on shares of KB Home from $63.00 to $57.00 and set an "underweight" rating on the stock in a report on Tuesday, March 25th. Finally, The Goldman Sachs Group reduced their price objective on shares of KB Home from $81.00 to $72.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $71.21.

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KB Home Stock Down 0.1 %

Shares of KBH traded down $0.08 during mid-day trading on Thursday, hitting $57.66. The company's stock had a trading volume of 554,165 shares, compared to its average volume of 1,498,413. The company has a current ratio of 5.51, a quick ratio of 0.83 and a debt-to-equity ratio of 0.42. The company's 50-day moving average is $63.43 and its 200-day moving average is $72.35. KB Home has a 52-week low of $56.41 and a 52-week high of $89.70. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 6.81, a PEG ratio of 0.90 and a beta of 1.89.

KB Home (NYSE:KBH - Get Free Report) last released its quarterly earnings data on Monday, March 24th. The construction company reported $1.49 earnings per share for the quarter, missing analysts' consensus estimates of $1.56 by ($0.07). The business had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.51 billion. KB Home had a return on equity of 16.46% and a net margin of 9.45%. The firm's revenue was down 5.2% compared to the same quarter last year. During the same period last year, the company earned $1.76 earnings per share.

KB Home Announces Dividend

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

Insider Activity at KB Home

In other KB Home news, CFO Jeff Kaminski sold 27,500 shares of the business's stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $68.77, for a total transaction of $1,891,175.00. Following the sale, the chief financial officer now owns 34,473 shares in the company, valued at approximately $2,370,708.21. The trade was a 44.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.89% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp increased its holdings in KB Home by 65.6% in the 4th quarter. Jones Financial Companies Lllp now owns 540 shares of the construction company's stock worth $36,000 after buying an additional 214 shares during the period. Principal Securities Inc. raised its stake in shares of KB Home by 43.6% during the 4th quarter. Principal Securities Inc. now owns 590 shares of the construction company's stock valued at $39,000 after buying an additional 179 shares during the last quarter. Versant Capital Management Inc raised its position in KB Home by 275.7% during the fourth quarter. Versant Capital Management Inc now owns 759 shares of the construction company's stock valued at $50,000 after acquiring an additional 557 shares in the last quarter. Amundi boosted its position in KB Home by 29.6% in the 4th quarter. Amundi now owns 880 shares of the construction company's stock worth $58,000 after purchasing an additional 201 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of KB Home during the 3rd quarter worth approximately $59,000. 96.09% of the stock is currently owned by hedge funds and other 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.