KB Home (NYSE:KBH – Get Free Report) had its price objective lowered by research analysts at Truist Financial from $65.00 to $54.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the construction company’s stock. Truist Financial’s price objective would indicate a potential upside of 7.96% from the company’s previous close.
A number of other analysts also recently weighed in on the stock. Bank of America reduced their target price on shares of KB Home from $63.00 to $56.00 and set a “neutral” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. dropped their price target on KB Home from $71.00 to $50.00 and set a “neutral” rating for the company in a research report on Monday, December 29th. Wells Fargo & Company decreased their price objective on KB Home from $55.00 to $50.00 and set an “underweight” rating on the stock in a research report on Wednesday. Royal Bank Of Canada dropped their target price on KB Home from $54.00 to $53.00 and set a “sector perform” rating for the company in a report on Wednesday. Finally, Barclays decreased their price target on KB Home from $62.00 to $56.00 and set an “overweight” rating on the stock in a report on Wednesday. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, KB Home currently has a consensus rating of “Hold” and an average price target of $61.00.
Check Out Our Latest Report on KBH
KB Home Price Performance
KB Home (NYSE:KBH – Get Free Report) last released its quarterly earnings data on Tuesday, March 24th. The construction company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.01). The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. KB Home had a return on equity of 11.40% and a net margin of 6.88%.The business’s revenue was down 22.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.49 EPS. On average, research analysts expect that KB Home will post 8.42 earnings per share for the current fiscal year.
Institutional Investors Weigh In On KB Home
Several institutional investors have recently bought and sold shares of the company. Freestone Grove Partners LP purchased a new stake in KB Home in the 3rd quarter valued at about $111,050,000. Norges Bank acquired a new stake in shares of KB Home during the second quarter valued at about $55,329,000. Deprince Race & Zollo Inc. purchased a new stake in shares of KB Home in the 3rd quarter valued at approximately $59,301,000. Donald Smith & CO. Inc. lifted its holdings in shares of KB Home by 387.8% in the 4th quarter. Donald Smith & CO. Inc. now owns 725,394 shares of the construction company’s stock worth $40,919,000 after acquiring an additional 576,694 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of KB Home by 102.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 932,178 shares of the construction company’s stock worth $52,584,000 after purchasing an additional 471,598 shares during the period. 96.09% of the stock is currently owned by institutional investors and hedge funds.
More KB Home News
Here are the key news stories impacting KB Home this week:
- Positive Sentiment: Management announced a strategic shift to ~70% built‑to‑order deliveries to improve margins in H2 2026 and the company repurchased $50M of stock, actions aimed at protecting margins and capital allocation. KB Home outlines shift to 70% built-to-order
- Positive Sentiment: New coverage: Citizens / JMP initiated coverage with an Outperform and a $77 PT, signaling at least one bullish view on longer‑term upside. Citizens initiates coverage with market outperform
- Neutral Sentiment: Mixed analyst reactions: Barclays and Bank of America cut targets (both to the mid‑$50s) but kept constructive/neutral stances, leaving opinions divergent across the street. Barclays cuts PT to $56, keeps overweight
- Neutral Sentiment: Some analysts reiterated Hold/Neutral ratings while trimming targets reflecting near‑term headwinds, suggesting the street is mixed on timing of a recovery. TipRanks: Hold rating / tempered outlook
- Negative Sentiment: Q1 results missed expectations: EPS of $0.52 (vs. ~$0.53 consensus), revenue fell ~22–23% YoY to ~$1.08B — numbers materially weaker and a primary near‑term catalyst for selling pressure. KB Home reports 2026 first quarter results (PRNewswire)
- Negative Sentiment: KB cut full‑year guidance and management said the Middle East war is already deterring prospective buyers, directly tying geopolitical uncertainty to weaker demand. KB Home says the war is already hurting home sales (MarketWatch)
- Negative Sentiment: Wells Fargo kept a Sell and cut its PT to $50 (near current levels); several other shops trimmed targets — analyst downgrades and lower PTs amplify near‑term downside risk. TipRanks: Wells Fargo maintains Sell, lowers PT to $50
- Negative Sentiment: Market reaction: multiple headlines note the stock sank after earnings and guidance, reflecting short‑term investor risk aversion. Homebuilding stock suffers another blow after earnings
About KB Home
KB Home is an American homebuilding company headquartered in Los Angeles, California. Founded in 1957, it was among the first homebuilders to go public, offering investors access to one of the nation’s largest residential construction platforms. The company is structured to serve a broad spectrum of homebuyers, with a particular focus on first-time, first move-up and active adult segments. As a public company trading on the New York Stock Exchange under the symbol KBH, KB Home draws on decades of experience in land acquisition, construction and community planning.
At its core, KB Home designs and constructs single-family detached and attached homes, townhomes and condominium units.
Featured Stories
Receive News & Ratings for KB Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KB Home and related companies with MarketBeat.com's FREE daily email newsletter.
