KB Home (NYSE:KBH – Get Free Report) had its price objective cut by research analysts at UBS Group from $71.00 to $63.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the construction company’s stock. UBS Group’s target price would indicate a potential upside of 21.46% from the stock’s previous close.
KBH has been the topic of several other research reports. Barclays lowered their price objective on shares of KB Home from $62.00 to $56.00 and set an “overweight” rating on the stock in a research report on Wednesday. Raymond James Financial lowered shares of KB Home from an “outperform” rating to a “market perform” rating in a research note on Wednesday, December 24th. Citizens Jmp started coverage on KB Home in a research note on Tuesday. They issued an “outperform” rating and a $77.00 price objective on the stock. Keefe, Bruyette & Woods reduced their price objective on KB Home from $67.00 to $62.00 and set a “market perform” rating for the company in a report on Tuesday, December 23rd. Finally, Truist Financial lowered their target price on KB Home from $65.00 to $54.00 and set a “hold” rating on the stock in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $59.50.
KB Home Stock Down 0.5%
KB Home (NYSE:KBH – Get Free Report) last released its earnings results on Tuesday, March 24th. The construction company reported $0.52 EPS for the quarter, hitting analysts’ consensus estimates of $0.52. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.10 billion. KB Home had a return on equity of 9.63% and a net margin of 5.96%.The business’s revenue for the quarter was down 22.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.49 EPS. Analysts forecast that KB Home will post 8.42 earnings per share for the current year.
Institutional Trading of KB Home
A number of hedge funds and other institutional investors have recently bought and sold shares of KBH. First Horizon Corp boosted its holdings in KB Home by 178.9% in the 4th quarter. First Horizon Corp now owns 502 shares of the construction company’s stock valued at $28,000 after purchasing an additional 322 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of KB Home by 73.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 592 shares of the construction company’s stock worth $33,000 after purchasing an additional 250 shares during the period. Fulcrum Asset Management LLP bought a new position in shares of KB Home in the third quarter worth $36,000. Jones Financial Companies Lllp raised its position in shares of KB Home by 44.4% in the third quarter. Jones Financial Companies Lllp now owns 781 shares of the construction company’s stock worth $49,000 after buying an additional 240 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in KB Home during the fourth quarter valued at $46,000. Institutional investors own 96.09% of the company’s stock.
Key KB Home News
Here are the key news stories impacting KB Home this week:
- Positive Sentiment: Strategic pivot — KBH is shifting toward ~70% built‑to‑order deliveries to protect margins and cashflow in H2 2026, which could improve profitability if demand stabilizes. Built-to-Order Shift
- Positive Sentiment: New analyst interest — Citizens initiated coverage with a Market Outperform, providing some institutional support and a potential catalyst if their thesis gains traction. Citizens Initiates Coverage
- Neutral Sentiment: Q1 results mixed — KBH reported EPS roughly in line with estimates but revenue and deliveries fell sharply year‑over‑year; management provided detailed slides and a transcript for investors to parse the underlying metrics. Earnings Call Transcript
- Neutral Sentiment: Analyst coverage is divergent — some firms maintain buy/overweight views while others cut price targets to the mid‑$50s or lower; consensus now reflects slower near‑term growth. Analyst Reactions
- Negative Sentiment: Guidance cut and macro headwind — Management trimmed full‑year delivery and revenue guidance and explicitly said the Middle East war has reduced buyer traffic and confidence, increasing uncertainty for near‑term demand. WSJ: Cuts Guidance
- Negative Sentiment: Margin and backlog pressure — Revenues fell ~22–23% Y/Y, backlog and home counts slipped, and margin compression forced a reset in expectations for capital returns (buybacks slowing). MarketBeat Deep Dive
- Negative Sentiment: Multiple price‑target cuts and downgrades — Banks including Goldman, Truist, Wells Fargo and others trimmed targets and some lowered ratings, which typically amplifies selling into a weak earnings/guidance print. Price Target Moves
KB Home Company Profile
KB Home is an American homebuilding company headquartered in Los Angeles, California. Founded in 1957, it was among the first homebuilders to go public, offering investors access to one of the nation’s largest residential construction platforms. The company is structured to serve a broad spectrum of homebuyers, with a particular focus on first-time, first move-up and active adult segments. As a public company trading on the New York Stock Exchange under the symbol KBH, KB Home draws on decades of experience in land acquisition, construction and community planning.
At its core, KB Home designs and constructs single-family detached and attached homes, townhomes and condominium units.
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