KB Home (NYSE:KBH) Price Target Cut to $47.00 by Analysts at Royal Bank Of Canada

KB Home (NYSE:KBH – Get Free Report) had its price objective dropped by stock analysts at Royal Bank Of Canada from $50.00 to $47.00 in a report released on Thursday, Benzinga reports. The firm currently has a “sector perform” rating on the construction company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 8.16% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. The Goldman Sachs Group set a $56.00 target price on shares of KB Home in a research note on Monday. Citizens Jmp cut their price target on shares of KB Home from $77.00 to $70.00 and set a “market outperform” rating on the stock in a report on Wednesday, September 23rd. Morgan Stanley began coverage on KB Home in a research report on Thursday, October 1st. They set an “underweight” rating and a $39.00 price target on the stock. Barclays cut their target price on shares of KB Home from $57.00 to $49.00 and set an “overweight” rating for the company in a report on Wednesday, September 23rd. Finally, Weiss Ratings downgraded shares of KB Home from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 9th. Four research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $52.85.

Check Out Our Latest Research Report on KB Home

KB Home Stock Performance

NYSE:KBH traded up $1.52 during trading hours on Thursday, reaching $43.45. The company’s stock had a trading volume of 432,930 shares, compared to its average volume of 1,237,019. The company has a market capitalization of $2.64 billion, a P/E ratio of 12.23, a price-to-earnings-growth ratio of 2.19 and a beta of 1.34. KB Home has a 12 month low of $40.92 and a 12 month high of $67.57. The stock has a 50 day moving average price of $50.56 and a two-hundred day moving average price of $52.44.

KB Home (NYSE:KBH – Get Free Report) last issued its quarterly earnings data on Tuesday, September 22nd. The construction company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.17. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.30 billion. KB Home had a return on equity of 6.56% and a net margin of 4.39%. The firm’s quarterly revenue was down 20.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.61 EPS. As a group, analysts predict that KB Home will post 3.26 EPS for the current fiscal year.

Insider Transactions at KB Home

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

Institutional Inflows and Outflows

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

KB Home News Summary

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

  • Positive Sentiment: Zacks raised several earnings estimates. Zacks Research increased its FY2026 EPS forecast to $3.21 from $3.11, Q3 2027 EPS to $1.08 from $1.01, and Q3 2028 EPS to $1.37 from $1.34. Its FY2027 estimate also rose slightly to $4.11 from $4.09, providing some support for the stock. Zacks Research earnings estimate updates
  • Neutral Sentiment: Executive incentive awards were approved. KB Home’s board compensation committee approved new long-term incentive grants for executives on October 8. The awards are intended to align management with longer-term company performance and are not expected to materially affect near-term results. KB Home Updates Executive Long-Term Incentive Awards
  • Negative Sentiment: Zacks retains a “Strong Sell” rating and reduced multiple forecasts. The research firm lowered its Q4 2026 EPS estimate to $1.21 from $1.30, FY2028 EPS to $5.03 from $5.12, Q1 2027 EPS to $0.63 from $0.65, Q2 2027 EPS to $0.80 from $0.82, Q4 2027 EPS to $1.60 from $1.61, Q1 2028 EPS to $0.87 from $0.94, and Q2 2028 EPS to $1.07 from $1.12. The broad pattern signals continued concerns about the housing market, margins, or demand despite isolated upward revisions. Zacks Research estimate reductions
  • Negative Sentiment: Brokerage sentiment remains restrained. Wall Street brokerages have assigned KB Home a “Hold” rating, limiting the potential upside from the improved estimates and reinforcing a wait-and-see stance among analysts. KB Home Stock Rated Hold by Wall Street Brokerages

About KB Home

(Get Free Report)

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.

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