KB Home (NYSE:KBH) Given Market Outperform Rating at Citizens Jmp

KB Home (NYSE:KBH)‘s stock had its “market outperform” rating reiterated by investment analysts at Citizens Jmp in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $77.00 price target on the construction company’s stock. Citizens Jmp’s target price points to a potential upside of 46.42% from the stock’s previous close.

Several other equities research analysts have also weighed in on the company. Barclays decreased their price objective on KB Home from $62.00 to $56.00 and set an “overweight” rating for the company in a report on Wednesday, March 25th. Weiss Ratings lowered shares of KB Home from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Wells Fargo & Company reiterated an “underweight” rating on shares of KB Home in a research report on Wednesday. The Goldman Sachs Group reduced their target price on shares of KB Home from $65.00 to $56.00 and set a “neutral” rating for the company in a research note on Wednesday, March 25th. Finally, Bank of America lowered their price target on shares of KB Home from $63.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 25th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $59.42.

KB Home Price Performance

NYSE:KBH opened at $52.59 on Wednesday. KB Home has a one year low of $44.03 and a one year high of $68.71. The company has a market cap of $3.29 billion, a PE ratio of 13.35, a PEG ratio of 9.27 and a beta of 1.37. The firm has a 50-day moving average of $51.24 and a 200-day moving average of $56.03.

KB Home (NYSE:KBH) last posted its earnings results on Tuesday, June 23rd. The construction company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.09 billion. KB Home had a return on equity of 9.63% and a net margin of 5.96%.The business’s revenue was down 27.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.50 EPS. On average, equities research analysts expect that KB Home will post 3.1 earnings per share for the current fiscal year.

Institutional Trading of KB Home

A number of large investors have recently modified their holdings of KBH. Bessemer Group Inc. lifted its position in KB Home by 80.0% during the first quarter. Bessemer Group Inc. now owns 495 shares of the construction company’s stock valued at $26,000 after purchasing an additional 220 shares during the last quarter. First Horizon Corp increased its holdings in shares of KB Home by 178.9% in the 4th quarter. First Horizon Corp now owns 502 shares of the construction company’s stock worth $28,000 after buying an additional 322 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of KB Home by 73.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 592 shares of the construction company’s stock valued at $33,000 after buying an additional 250 shares in the last quarter. Fulcrum Asset Management LLP purchased a new stake in shares of KB Home during the 3rd quarter valued at $36,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of KB Home during the 4th quarter worth $46,000. Institutional investors own 96.09% of the company’s stock.

Key Stories Impacting KB Home

Here are the key news stories impacting KB Home this week:

• Positive Sentiment: KB Home reported Q2 revenue of $1.11 billion, above analyst expectations, and said results met or exceeded the midpoint of its guidance ranges. KB HOME REPORTS 2026 SECOND QUARTER RESULTS
• Positive Sentiment: The company also repurchased $75 million of common stock, a sign management remains confident in the business and shareholder returns. KB HOME REPORTS 2026 SECOND QUARTER RESULTS
• Neutral Sentiment: Adjusted profitability was softer: EPS came in at $0.43, slightly below the $0.44 consensus and well below the $1.50 earned a year ago, reflecting a weaker housing backdrop. KB Home: Fiscal Q2 Earnings Snapshot
• Negative Sentiment: Revenue still fell 27.3% year over year, and management narrowed its full-year outlook, reinforcing concerns that demand remains pressured by a difficult housing market. KB Home Reports Lower Revenue as Difficult Housing Market Persists

KB Home Company Profile

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.