KB Home (KBH) Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KB Home in the last twelve months. There are currently 7 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.
View KBH analyst ratings or view top-rated stocks.

13 equities research analysts have issued 12 month price objectives for KB Home's shares. Their KBH share price forecasts range from $38.00 to $65.00. On average, they anticipate the company's stock price to reach $52.27 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
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 beginning of the year. Since then, KBH shares have increased by 64.6% and is now trading at $52.41.
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KB Home saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,340,000 shares, an increase of 8.8% from the July 15th total of 3,990,000 shares. Based on an average daily volume of 1,670,000 shares, the short-interest ratio is presently 2.6 days. Currently, 5.6% of the company's stock are short sold.
View KB Home's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 20th 2023.
View our KBH earnings forecast.

KB Home (NYSE:KBH) released its quarterly earnings data on Wednesday, June, 21st. The construction company reported $1.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.61. The construction company earned $1.77 billion during the quarter, compared to analysts' expectations of $1.43 billion. KB Home had a trailing twelve-month return on equity of 20.85% and a net margin of 10.98%. KB Home's revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the company posted $2.32 earnings per share.

KB Home announced a quarterly dividend on Thursday, July 13th. Stockholders of record on Thursday, August 3rd will be paid 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 1.53%. The ex-dividend date is Wednesday, August 2nd. This is a positive change 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 Dynamic Building & Construction ETF (PKB), Invesco DWA 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 1.53%. 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 declared that its Board of Directors has approved a share 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 buy up to 15.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.79%), Dimensional Fund Advisors LP (3.47%), Fisher Asset Management LLC (3.36%), Geode Capital Management LLC (1.93%), Northern Trust Corp (1.46%) and Bank of New York Mellon Corp (1.31%). 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 $52.41.

KB Home (NYSE:KBH) has a market capitalization of $4.22 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.