KB Home (NYSE:KBH) Price Target Lowered to $54.00 at Bank of America

KB Home (NYSE:KBH) had its target price reduced by investment analysts at Bank of America from $56.00 to $54.00 in a report issued on Wednesday, MarketBeat.com reports. The brokerage presently has a “neutral” rating on the construction company’s stock. Bank of America‘s price target suggests a potential upside of 11.07% from the company’s previous close.

Other analysts have also recently issued research reports about the company. UBS Group increased their target price on KB Home from $63.00 to $66.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Weiss Ratings raised KB Home from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday. Wells Fargo & Company decreased their price objective on shares of KB Home from $52.00 to $50.00 and set an “underweight” rating on the stock in a report on Friday, September 11th. Barclays raised their price objective on shares of KB Home from $56.00 to $57.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $53.00 target price on shares of KB Home in a research note on Wednesday, June 24th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, KB Home has a consensus rating of “Hold” and an average target price of $59.75.

KB Home Trading Up 1.6%

NYSE:KBH opened at $48.62 on Wednesday. KB Home has a 1 year low of $44.03 and a 1 year high of $67.57. The firm has a 50 day moving average of $54.18 and a 200-day moving average of $53.44. The stock has a market capitalization of $2.98 billion, a P/E ratio of 16.94, a price-to-earnings-growth ratio of 2.47 and a beta of 1.34.

KB Home (NYSE:KBH) last released its quarterly earnings results on Tuesday, September 22nd. The construction company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.17. KB Home had a return on equity of 7.67% and a net margin of 4.94%.The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the company earned $1.61 EPS. KB Home’s revenue for the quarter was down 20.0% on a year-over-year basis. As a group, analysts forecast that KB Home will post 3.27 EPS for the current fiscal year.

Insider Activity

In related news, EVP Albert Praw sold 22,015 shares of KB Home stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 104,062 shares in the company, valued at $6,108,439.40. This trade represents a 17.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Arthur Collins sold 4,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $56.96, for a total value of $227,840.00. Following the sale, the director directly owned 9,157 shares of the company’s stock, valued at $521,582.72. This represents a 30.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.69% of the stock is owned by company insiders.

Institutional Trading of KB Home

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of KB Home in the second quarter worth about $618,489,000. Donald Smith & CO. Inc. bought a new position in shares of KB Home during the 2nd quarter valued at about $108,652,000. Norges Bank bought a new position in shares of KB Home during the 4th quarter valued at about $48,418,000. Bamco Inc. NY acquired a new position in shares of KB Home in the 2nd quarter valued at approximately $37,500,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of KB Home in the 2nd quarter valued at approximately $35,837,000. Institutional investors and hedge funds own 96.09% of the company’s stock.

Trending Headlines about KB Home

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

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.