Brokers Issue Forecasts for KB Home's Q1 Earnings (NYSE:KBH)

KB Home (NYSE:KBH - Free Report) - Equities researchers at Seaport Res Ptn issued their Q1 2025 earnings per share estimates for shares of KB Home in a research note issued to investors on Tuesday, January 14th. Seaport Res Ptn analyst K. Zener expects that the construction company will post earnings of $1.48 per share for the quarter. Seaport Res Ptn has a "Hold" rating on the stock. The consensus estimate for KB Home's current full-year earnings is $8.42 per share. Seaport Res Ptn also issued estimates for KB Home's Q2 2025 earnings at $2.09 EPS, Q3 2025 earnings at $2.24 EPS, Q4 2025 earnings at $2.56 EPS and FY2025 earnings at $8.36 EPS.

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

Several other equities analysts have also recently weighed in on the company. Bank of America decreased their price objective on KB Home from $80.00 to $76.00 and set a "neutral" rating for the company in a report on Tuesday. UBS Group decreased their price target on KB Home from $105.00 to $100.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Barclays lowered their price target on KB Home from $85.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Tuesday. JPMorgan Chase & Co. decreased 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 note on Wednesday. Finally, Royal Bank of Canada upgraded shares of KB Home from an "underperform" rating to a "sector perform" rating and lowered their target price for the stock from $70.00 to $67.00 in a report on Friday, January 10th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $75.88.

KB Home Price Performance

KBH stock traded down $0.19 during midday trading on Thursday, hitting $68.33. The company's stock had a trading volume of 1,459,901 shares, compared to its average volume of 1,964,880. The company's fifty day moving average price is $73.08 and its 200 day moving average price is $77.86. KB Home has a twelve month low of $58.05 and a twelve month high of $89.70. The stock has a market capitalization of $5.01 billion, a P/E ratio of 8.76, a PEG ratio of 0.54 and a beta of 1.86.

Hedge Funds Weigh In On KB Home

Several large investors have recently modified their holdings of KBH. Financial Management Professionals Inc. bought a new stake in shares of KB Home during the 3rd quarter worth about $32,000. Riggs Asset Managment Co. Inc. acquired a new stake in KB Home during the third quarter worth approximately $43,000. Versant Capital Management Inc boosted its holdings in shares of KB Home by 275.7% during the fourth quarter. Versant Capital Management Inc now owns 759 shares of the construction company's stock worth $50,000 after acquiring an additional 557 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of KB Home in the third quarter valued at approximately $59,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of KB Home during the third quarter worth approximately $61,000. 96.09% of the stock is 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.