KB Home (NYSE:KBH) Raised to “Hold” at Stonex Financia

KB Home (NYSE:KBH) was upgraded by equities research analysts at Stonex Financia to a “hold” rating in a research note issued on Thursday, Zacks reports.

Other equities analysts have also issued research reports about the stock. Evercore set a $59.00 price objective on shares of KB Home in a report on Wednesday, September 23rd. Bank of America lowered their target price on KB Home from $56.00 to $54.00 and set a “neutral” rating for the company in a research note on Wednesday, September 23rd. Weiss Ratings lowered KB Home from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 9th. Citigroup reiterated an “outperform” rating on shares of KB Home in a research note on Wednesday, September 23rd. Finally, Zacks Research downgraded KB Home from a “hold” rating to a “strong sell” rating in a report on Thursday, September 17th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $52.23.

KB Home Stock Down 0.9%

Shares of KBH traded down $0.38 during mid-day trading on Thursday, reaching $43.27. 1,194,852 shares of the stock traded hands, compared to its average volume of 1,851,499. The stock has a fifty day simple moving average of $49.98 and a 200 day simple moving average of $52.33. KB Home has a 12-month low of $40.92 and a 12-month high of $67.57. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 12.19, a P/E/G ratio of 2.26 and a beta of 1.34.

KB Home (NYSE:KBH) last announced its earnings results on Tuesday, September 22nd. The construction company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.17. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. KB Home had a net margin of 4.39% and a return on equity of 6.56%. The business’s quarterly revenue was down 20.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.61 earnings per share. On average, equities research analysts expect that KB Home will post 3.27 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Arthur Collins sold 4,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $56.96, for a total transaction of $227,840.00. Following the completion of the sale, the director owned 9,157 shares of the company’s stock, valued at $521,582.72. This represents a 30.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Albert Z. Praw sold 22,015 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $58.70, for a total transaction of $1,292,280.50. Following the sale, the executive vice president owned 104,062 shares in the company, valued at approximately $6,108,439.40. This trade represents a 17.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.69% of the company’s stock.

Hedge Funds Weigh In On KB Home

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Eastern Bank bought a new position in shares of KB Home during the second quarter valued at approximately $26,000. Bessemer Group Inc. lifted its holdings in shares of KB Home by 80.0% in the 1st quarter. Bessemer Group Inc. now owns 495 shares of the construction company’s stock worth $26,000 after purchasing an additional 220 shares during the last quarter. Mather Group LLC. bought a new stake in shares of KB Home in the 3rd quarter worth approximately $34,000. Ameritas Advisory Services LLC acquired a new position in KB Home during the 2nd quarter valued at approximately $46,000. Finally, Polaris Financial Partners acquired a new position in KB Home during the 3rd quarter valued at approximately $43,000. 96.09% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting KB Home

Here are the key news stories impacting KB Home this week:

• Positive Sentiment: Zacks Research raised its KB Home EPS estimates for fiscal 2027 to $4.11 from $4.09, Q3 2027 to $1.08 from $1.01, and Q3 2028 to $1.37 from $1.34. The upward revisions suggest somewhat better expected earnings, although Zacks still rates the stock “Strong Sell.” KB Home Stock Gets Stronger EPS Forecast from Zacks Research
• Neutral Sentiment: StoneX initiated coverage of KB Home, along with Toll Brothers and D.R. Horton. The article does not provide enough detail on its rating or price target to determine the likely market impact. StoneX initiates coverage of Toll Brothers, D.R. Horton, KB Home
• Neutral Sentiment: A comparison article discusses KB Home versus Lifetime Brands, but it does not appear to contain a new company-specific operating update or catalyst for KB Home. Critical Comparison: Lifetime Brands vs. KB Home
• Negative Sentiment: RBC Capital lowered its KB Home price target to $47 from $50 while maintaining a “Sector Perform” rating. Although the revised target remains above the recent trading level, the reduction signals more limited expected upside and is likely weighing on sentiment. RBC Capital Adjusts Price Target on KB Home

KB Home Company Profile

KB Home is a national homebuilder that designs, constructs and sells single-family homes and townhomes. The company offers homes in a range of floor plans, sizes and price points, with options that allow buyers to personalize features and finishes. Its communities typically include amenities such as parks, open spaces and other neighborhood improvements.

Founded in 1957, KB Home is headquartered in Los Angeles, California. The company serves residential markets across the United States, including Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, South Carolina, Texas and Washington.