KB Home (KBH) Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KB Home in the last twelve months. There are currently 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KBH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KBH, but not buy additional shares or sell existing shares.
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14 equities research analysts have issued 12 month price targets for KB Home's shares. Their KBH share price forecasts range from $31.00 to $56.00. On average, they predict the company's share price to reach $42.27 in the next year. This suggests that the stock has a possible downside of 12.7%.
View analysts price targets for KBH or view top-rated stocks among Wall Street analysts.

KB Home's stock was trading at $31.85 at the start of the year. Since then, KBH shares have increased by 52.0% and is now trading at $48.40.
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KB Home saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 5,230,000 shares, a decline of 9.5% from the April 15th total of 5,780,000 shares. Based on an average daily trading volume, of 1,670,000 shares, the short-interest ratio is presently 3.1 days. Approximately 6.6% of the company's shares are sold short.
View KB Home's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 28th 2023.
View our KBH earnings forecast.

KB Home (NYSE:KBH) posted its earnings results on Wednesday, March, 22nd. The construction company reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.40. The construction company earned $1.38 billion during the quarter, compared to the consensus estimate of $1.30 billion. KB Home had a net margin of 11.73% and a trailing twelve-month return on equity of 22.86%. The firm's quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.47 EPS.

KB Home announced a quarterly dividend on Thursday, April 20th. Investors of record on Thursday, May 4th will be paid a dividend of $0.15 per share on Thursday, May 18th. This represents a $0.60 annualized dividend and a dividend yield of 1.24%. The ex-dividend date is Wednesday, May 3rd.
Read our dividend analysis for KBH.

ETFs with the largest weight of KB Home (NYSE:KBH) stock in their portfolio include Invesco S&P MidCap 400 Pure Value ETF (RFV), Innovator IBD 50 ETF (FFTY), Hoya Capital Housing ETF (HOMZ), Opus Small Cap Value Plus ETF (OSCV), iShares U.S. Home Construction ETF (ITB), Global X Green Building ETF (GRNR), Invesco MSCI Green Building ETF (GBLD) and Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL).

KB Home (NYSE:KBH) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.31%. The dividend payout ratio is 6.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KBH will have a dividend payout ratio of 10.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KBH.

KB Home announced that its Board of Directors has approved a stock repurchase program on Wednesday, March 22nd 2023, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 15.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

109 employees have rated KB Home Chief Executive Officer Jeff Mezger on Glassdoor.com. Jeff Mezger has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other KB Home investors own include NVIDIA (NVDA), Micron Technology (MU), Bank of America (BAC), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Home Depot (HD), Walt Disney (DIS) and Netflix (NFLX).

KB Home trades on the New York Stock Exchange (NYSE) under the ticker symbol "KBH."

KB Home's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.39%), FMR LLC (7.50%), Macquarie Group Ltd. (4.70%), Dimensional Fund Advisors LP (3.45%), State Street Corp (3.39%) and Fisher Asset Management LLC (3.35%). Insiders that own company stock include Albert Z Praw, Brian J Woram, Jeff Kaminski, Jeffrey T Mezger, Matthew W Mandino, Melissa Lora, Thomas W Gilligan and William R Hollinger.
View institutional ownership trends.

Shares of KBH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KBH stock can currently be purchased for approximately $48.40.

KB Home (NYSE:KBH) has a market capitalization of $3.99 billion and generates $6.90 billion in revenue each year. The construction company earns $816.67 million in net income (profit) each year or $9.10 on an earnings per share basis.

The company employs 2,244 workers across the globe.

KB Home's mailing address is 10990 Wilshire Boulevard, Los Angeles CA, 90024. The official website for the company is www.kbhome.com. The construction company can be reached via phone at (310) 231-4000, via email at investorrelations@kbhome.com, or via fax at 310-231-4222.