Weekly Investment Analysts’ Ratings Changes for KB Home (KBH)

Several analysts have recently updated their ratings and price targets for KB Home (NYSE: KBH):

• 1/28/2025 – KB Home had its price target lowered by analysts at Wells Fargo & Company from $70.00 to $65.00. They now have an “underweight” rating on the stock.
• 1/27/2025 – KB Home had its price target lowered by analysts at Bank of America Co. from $76.00 to $71.00. They now have a “neutral” rating on the stock.
• 1/21/2025 – KB Home had its “outperform” rating reaffirmed by analysts at Raymond James. They now have a $80.00 price target on the stock, down previously from $93.00.
• 1/17/2025 – KB Home had its price target lowered by analysts at Keefe, Bruyette & Woods from $85.00 to $76.00. They now have a “market perform” rating on the stock.
• 1/15/2025 – KB Home had its price target lowered by analysts at JPMorgan Chase & Co. from $82.00 to $74.50. They now have a “neutral” rating on the stock.
• 1/14/2025 – KB Home had its price target raised by analysts at Evercore ISI from $88.00 to $95.00. They now have an “outperform” rating on the stock.
• 1/14/2025 – KB Home had its price target lowered by analysts at Bank of America Co. from $80.00 to $76.00. They now have a “neutral” rating on the stock.
• 1/14/2025 – KB Home was upgraded by analysts at Seaport Res Ptn from a “strong sell” rating to a “hold” rating.
• 1/14/2025 – KB Home had its price target lowered by analysts at Barclays PLC from $85.00 to $60.00. They now have an “equal weight” rating on the stock.
• 1/13/2025 – KB Home had its price target lowered by analysts at Wells Fargo & Company from $74.00 to $65.00. They now have an “underweight” rating on the stock.
• 1/10/2025 – KB Home was upgraded by analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating. They now have a $67.00 price target on the stock, down previously from $70.00.
• 1/8/2025 – KB Home had its price target lowered by analysts at UBS Group AG from $105.00 to $100.00. They now have a “buy” rating on the stock.
• 12/17/2024 – KB Home had its price target lowered by analysts at Wells Fargo & Company from $83.00 to $74.00. They now have an “underweight” rating on the stock.
• 12/13/2024 – KB Home had its price target lowered by analysts at JPMorgan Chase & Co. from $92.50 to $82.00. They now have a “neutral” rating on the stock.
• 12/11/2024 – KB Home was downgraded by analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating. They now have a $85.00 price target on the stock, down previously from $99.00.

KB Home Stock Down 1.8 %

KBH stock opened at $67.15 on Thursday. The company has a market cap of $4.92 billion, a price-to-earnings ratio of 7.93, a P/E/G ratio of 0.93 and a beta of 1.86. KB Home has a twelve month low of $58.15 and a twelve month high of $89.70. The business has a 50 day moving average price of $71.27 and a two-hundred day moving average price of $77.98.

KB Home (NYSE:KBH) last posted its quarterly 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 analysts’ expectations of $1.99 billion. KB Home had a return on equity of 16.46% and a net margin of 9.45%. KB Home’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter last year, the company posted $1.85 earnings per share. On average, equities research analysts anticipate that KB Home will post 8.5 EPS for the current fiscal year.

KB Home Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date is Thursday, February 6th. KB Home’s dividend payout ratio is presently 11.81%.

Institutional Investors Weigh In On KB Home

A number of institutional investors have recently made changes to their positions in the company. Castellan Group grew its position in KB Home by 3.4% during the fourth quarter. Castellan Group now owns 78,155 shares of the construction company’s stock worth $5,136,000 after buying an additional 2,570 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of KB Home by 31.4% in the fourth quarter. Van ECK Associates Corp now owns 57,954 shares of the construction company’s stock worth $3,809,000 after acquiring an additional 13,837 shares during the last quarter. Pachira Investments Inc. acquired a new stake in KB Home in the fourth quarter valued at approximately $212,000. Entropy Technologies LP acquired a new stake in shares of KB Home during the 4th quarter valued at $618,000. Finally, Kingsview Wealth Management LLC grew its holdings in KB Home by 103.4% during the 4th quarter. Kingsview Wealth Management LLC now owns 42,631 shares of the construction company’s stock worth $2,802,000 after acquiring an additional 21,675 shares during the last quarter. Institutional investors own 96.09% of the company’s stock.

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.