KB Home (NYSE:KBH) Price Target Lowered to $70.00 at Citizens Jmp

Posted by Francis Steltz on Sep 23rd, 2026

KB Home (NYSE:KBH – Get Free Report) had its price objective lowered by investment analysts at Citizens Jmp from $77.00 to $70.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “market outperform” rating on the construction company’s stock. Citizens Jmp’s price objective suggests a potential upside of 43.97% from the stock’s previous close.

A number of other analysts have also recently issued reports on KBH. Citigroup reissued an “outperform” rating on shares of KB Home in a research note on Wednesday. Barclays cut their price objective on shares of KB Home from $57.00 to $49.00 and set an “overweight” rating on the stock in a research report on Wednesday. Truist Financial lowered their target price on KB Home from $56.00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, September 16th. Weiss Ratings raised KB Home from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday. Finally, Wells Fargo & Company dropped their target price on KB Home from $52.00 to $50.00 and set an “underweight” rating on the stock in a research report on Friday, September 11th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $58.50.

Check Out Our Latest Stock Report on KB Home

KB Home Price Performance

Shares of NYSE:KBH opened at $48.62 on Wednesday. The company has a 50 day moving average of $54.18 and a 200-day moving average of $53.44. KB Home has a one year low of $44.03 and a one year high of $67.57. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 16.94, a P/E/G ratio of 2.47 and a beta of 1.34.

KB Home (NYSE:KBH – Get Free Report) last released its quarterly earnings data on Tuesday, September 22nd. The construction company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 7.67% and a net margin of 4.94%.The firm’s revenue was down 20.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.61 earnings per share. Equities research analysts anticipate that KB Home will post 3.27 earnings per share for the current year.

Insider Transactions at KB Home

In other news, EVP Albert Praw sold 22,015 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $58.70, for a total value of $1,292,280.50. Following the transaction, the executive vice president owned 104,062 shares of the company’s stock, valued at approximately $6,108,439.40. This represents a 17.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Arthur Collins sold 4,000 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $56.96, for a total value of $227,840.00. Following the completion of the transaction, the director directly owned 9,157 shares in the company, valued at approximately $521,582.72. This represents a 30.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.69% of the stock is currently owned by corporate insiders.

Institutional Trading of KB Home

Large investors have recently made changes to their positions in the company. Van Hulzen Asset Management LLC acquired a new stake in shares of KB Home in the 2nd quarter valued at $563,000. Engineers Gate Manager LP bought a new position in KB Home in the second quarter valued at about $658,000. Integrated Wealth Concepts LLC bought a new position in KB Home in the second quarter valued at about $73,000. Nykredit A S acquired a new position in KB Home during the second quarter worth about $152,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of KB Home in the second quarter worth about $1,609,000. Institutional investors and hedge funds own 96.09% of the company’s stock.

More KB Home News

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

Positive Sentiment: KB Home reported third-quarter adjusted earnings of $1.05 per share, beating the $0.88 analyst consensus. The company also repurchased $50 million of stock, and its ending backlog increased 3% in value to $2.05 billion. KB Home Reports 2026 Third Quarter Results
Positive Sentiment: The company’s built-to-order strategy helped support profitability, with quarterly housing gross margin of 16.5%. The earnings beat and resilient backlog provide some support for the shares despite broader housing-market weakness. KB Home Q3 Earnings Top Consensus
Neutral Sentiment: Analysts remain divided. Wells Fargo maintained a Sell rating with a $50 price target, while Bank of America reiterated Hold with a $54 target, citing softer demand and a weaker outlook. Wells Fargo Maintains Sell Rating
Negative Sentiment: Revenue fell 20% year over year to $1.30 billion, net income dropped to $65.3 million from $109.8 million, and deliveries declined 19% to 2,732 homes. Net orders also fell 12%, signaling continued pressure from elevated mortgage rates and cautious buyers. KB Home Q3 Revenue Falls 20 Percent
Negative Sentiment: KB Home reduced its full-year gross-margin outlook to 16.0%-16.2% from 16.1%-16.5%. Investors were also unsettled by a softer fourth-quarter and full-year sales outlook, which suggests pricing incentives and financing costs may continue to weigh on profitability. KB Home Cuts Margin Outlook

About KB Home

(Get Free Report)

KB Home (NYSE: KBH) is a homebuilding company that designs, constructs and sells residential properties in the United States. Its offerings primarily include single-family homes, with communities and floor plans intended for first-time buyers, move-up buyers and other owner-occupants. The company also provides homebuyers with opportunities to personalize selected features and finishes through its build-to-order approach.

The company operates in several major housing markets across the United States, including locations in Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, South Carolina, Texas and Washington.