Wedbush restated their neutral rating on shares of KB Home (NYSE:KBH – Free Report) in a research report sent to investors on Tuesday morning,Benzinga reports. The firm currently has a $75.00 target price on the construction company’s stock. Wedbush also issued estimates for KB Home’s Q2 2025 earnings at $1.47 EPS, Q3 2025 earnings at $1.88 EPS, Q4 2025 earnings at $2.45 EPS, FY2025 earnings at $7.28 EPS, Q1 2026 earnings at $1.42 EPS, Q2 2026 earnings at $1.87 EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $2.91 EPS and FY2026 earnings at $8.38 EPS.
Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. reduced their price objective on KB Home from $82.00 to $74.50 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Bank of America decreased their price objective on shares of KB Home from $67.00 to $62.00 and set a “neutral” rating for the company in a report on Tuesday. The Goldman Sachs Group dropped their target price on shares of KB Home from $81.00 to $72.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. Raymond James restated an “outperform” rating and set a $80.00 price target (down previously from $93.00) on shares of KB Home in a research note on Tuesday, January 21st. Finally, Barclays dropped their price objective on KB Home from $60.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $71.21.
View Our Latest Research Report on KB Home
KB Home Stock Up 0.3 %
KB Home (NYSE:KBH – Get Free Report) last announced its earnings results on Monday, March 24th. The construction company reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.07). The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.51 billion. KB Home had a return on equity of 16.46% and a net margin of 9.45%. KB Home’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.76 EPS. Research analysts predict that KB Home will post 8.42 EPS for the current fiscal year.
KB Home Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend was Thursday, February 6th. KB Home’s payout ratio is currently 12.20%.
Insider Activity
In other KB Home news, CFO Jeff Kaminski sold 27,500 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $68.77, for a total value of $1,891,175.00. Following the completion of the transaction, the chief financial officer now owns 34,473 shares in the company, valued at $2,370,708.21. This trade represents a 44.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.89% of the stock is owned by company insiders.
Institutional Investors Weigh In On KB Home
A number of institutional investors and hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp grew its stake in KB Home by 65.6% during the fourth quarter. Jones Financial Companies Lllp now owns 540 shares of the construction company’s stock valued at $36,000 after acquiring an additional 214 shares in the last quarter. Principal Securities Inc. lifted its stake in KB Home by 43.6% in the 4th quarter. Principal Securities Inc. now owns 590 shares of the construction company’s stock worth $39,000 after purchasing an additional 179 shares in the last quarter. Versant Capital Management Inc boosted its holdings in KB Home by 275.7% in the 4th quarter. Versant Capital Management Inc now owns 759 shares of the construction company’s stock valued at $50,000 after purchasing an additional 557 shares during the period. Amundi grew its position in shares of KB Home by 29.6% during the 4th quarter. Amundi now owns 880 shares of the construction company’s stock valued at $58,000 after purchasing an additional 201 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of KB Home in the third quarter worth $59,000. 96.09% of the stock is owned by hedge funds and other institutional investors.
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.
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