KB Home (KBH) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KB Home in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KBH shares.
View KBH analyst ratings or view top-rated stocks.

11 Wall Street research analysts have issued twelve-month price objectives for KB Home's shares. Their KBH share price forecasts range from $38.00 to $68.00. On average, they expect the company's stock price to reach $51.81 in the next year. This suggests a possible upside of 12.6% from the stock's current price.
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 stock has increased by 44.5% and is now trading at $46.01.
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KB Home saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,290,000 shares, an increase of 11.9% from the August 15th total of 5,620,000 shares. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 3.9 days. Approximately 8.1% of the shares of the stock are sold short.
View KB Home's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 10th 2024.
View our KBH earnings forecast.

KB Home (NYSE:KBH) announced its earnings results on Wednesday, September, 20th. The construction company reported $1.80 EPS for the quarter, beating analysts' consensus estimates of $1.43 by $0.37. The construction company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.47 billion. KB Home had a net margin of 10.98% and a trailing twelve-month return on equity of 20.85%. The firm's revenue for the quarter was down 14.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.86 earnings per share.

KB Home declared a quarterly dividend on Thursday, July 13th. Investors of record on Thursday, August 3rd will be given a dividend of $0.20 per share on Thursday, August 17th. This represents a $0.80 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Wednesday, August 2nd. This is an increase from the stock's previous quarterly dividend of $0.15.
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), Invesco Building & Construction ETF (PKB), Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Opus Small Cap Value Plus ETF (OSCV), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P MidCap Value with Momentum ETF (XMVM), iShares U.S. Home Construction ETF (ITB) and Global X Green Building ETF (GRNR).

KB Home (NYSE:KBH) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KBH will have a dividend payout ratio of 11.68% 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 has initiated a stock buyback plan on Wednesday, March 22nd 2023, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 15.2% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (12.79%), Citadel Advisors LLC (0.00%), Dimensional Fund Advisors LP (3.47%), Fisher Asset Management LLC (3.36%), State Street Corp (3.32%) and Rokos Capital Management LLP (0.00%). 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 $46.01.

KB Home (NYSE:KBH) has a market capitalization of $3.71 billion and generates $6.90 billion in revenue each year. The construction company earns $816.67 million in net income (profit) each year or $8.72 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.