Wedbush Analysts Cut Earnings Estimates for KB Home

KB Home (NYSE:KBH - Free Report) - Investment analysts at Wedbush reduced their Q1 2025 earnings per share estimates for shares of KB Home in a report released on Monday, January 13th. Wedbush analyst J. Mccanless now expects that the construction company will post earnings per share of $1.61 for the quarter, down from their prior estimate of $1.79. Wedbush currently 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 $2.30 EPS, Q1 2026 earnings at $1.77 EPS, Q2 2026 earnings at $2.51 EPS and Q3 2026 earnings at $2.73 EPS.

A number of other analysts have also commented on KBH. UBS Group reduced their target price on 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 report on Tuesday. JPMorgan Chase & Co. cut their price objective on KB Home from $82.00 to $74.50 and set a "neutral" rating for the company in a report on Wednesday. Wells Fargo & Company cut their price objective on KB Home from $74.00 to $65.00 and set an "underweight" rating for the company in a report on Monday. Finally, Bank of America cut 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. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $75.88.

KB Home Stock Up 1.8 %

Shares of KB Home stock traded up $1.19 on Wednesday, reaching $68.36. The company's stock had a trading volume of 2,806,471 shares, compared to its average volume of 2,020,940. The company has a market capitalization of $5.01 billion, a price-to-earnings ratio of 8.76, a P/E/G ratio of 0.57 and a beta of 1.86. The firm's fifty day simple moving average is $73.56 and its two-hundred day simple moving average is $77.99. KB Home has a 52 week low of $58.05 and a 52 week high of $89.70.

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

Institutional Trading of KB Home

Several hedge funds have recently bought and sold shares of KBH. Financial Management Professionals Inc. bought a new stake in KB Home during the third quarter valued at about $32,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of KB Home in the third quarter valued at about $43,000. Versant Capital Management Inc lifted its position in shares of KB Home by 275.7% in 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. Wilmington Savings Fund Society FSB purchased a new position in shares of KB Home in the third quarter valued at about $59,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of KB Home in the third quarter valued at about $61,000. Institutional investors own 96.09% of the company's stock.

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.