FY2026 EPS Estimates for KB Home Lowered by Seaport Res Ptn

KB Home (NYSE:KBH - Free Report) - Stock analysts at Seaport Res Ptn reduced their FY2026 earnings per share (EPS) estimates for KB Home in a research report issued on Tuesday, May 6th. Seaport Res Ptn analyst K. Zener now forecasts that the construction company will earn $7.22 per share for the year, down from their previous forecast of $7.41. Seaport Res Ptn has a "Strong-Buy" rating on the stock. The consensus estimate for KB Home's current full-year earnings is $8.42 per share.

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 (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.07). KB Home had a net margin of 9.45% and a return on equity of 16.46%. The business had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same quarter in the prior year, the company posted $1.76 earnings per share. The firm's quarterly revenue was down 5.2% compared to the same quarter last year.

Several other brokerages have also commented on KBH. Keefe, Bruyette & Woods cut their price target on shares of KB Home from $76.00 to $65.00 and set a "market perform" rating on the stock in a research note on Wednesday, March 26th. Evercore ISI raised their price objective on KB Home from $88.00 to $95.00 and gave the company an "outperform" rating in a research note on Tuesday, January 14th. Bank of America dropped their price target on shares of KB Home from $67.00 to $62.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 25th. UBS Group cut their target price on shares of KB Home from $97.00 to $86.00 and set a "buy" rating on the stock in a research note on Tuesday, March 25th. Finally, Raymond James reiterated an "outperform" rating and set a $80.00 price target (down previously from $93.00) on shares of KB Home in a report on Tuesday, January 21st. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $71.04.

KB Home Price Performance

NYSE:KBH opened at $53.63 on Thursday. The company has a quick ratio of 0.83, a current ratio of 5.51 and a debt-to-equity ratio of 0.42. The stock's 50-day moving average price is $56.60 and its 200-day moving average price is $66.30. KB Home has a 52 week low of $48.90 and a 52 week high of $89.70. The stock has a market capitalization of $3.85 billion, a PE ratio of 6.33, a price-to-earnings-growth ratio of 0.90 and a beta of 1.45.

KB Home Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Thursday, May 8th. KB Home's payout ratio is currently 12.20%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Invesco Ltd. increased its holdings in KB Home by 2.4% during the fourth quarter. Invesco Ltd. now owns 2,396,967 shares of the construction company's stock worth $157,529,000 after buying an additional 56,142 shares during the last quarter. Fisher Asset Management LLC grew its stake in KB Home by 3.4% in the fourth quarter. Fisher Asset Management LLC now owns 2,281,315 shares of the construction company's stock worth $149,928,000 after purchasing an additional 75,143 shares during the period. First Trust Advisors LP grew its position in KB Home by 61.2% during the 4th quarter. First Trust Advisors LP now owns 1,327,809 shares of the construction company's stock valued at $87,264,000 after purchasing an additional 503,895 shares during the last quarter. LSV Asset Management lifted its holdings in shares of KB Home by 3.0% during the 4th quarter. LSV Asset Management now owns 1,137,900 shares of the construction company's stock valued at $74,783,000 after buying an additional 33,500 shares during the period. Finally, Northern Trust Corp grew its stake in shares of KB Home by 7.3% during the 4th quarter. Northern Trust Corp now owns 1,101,300 shares of the construction company's stock valued at $72,377,000 after acquiring an additional 75,206 shares during the period. Institutional investors and hedge funds own 96.09% of the company's stock.

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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