Wells Fargo & Company Cuts KB Home (NYSE:KBH) Price Target to $50.00

KB Home (NYSE:KBH) had its price target lowered by Wells Fargo & Company from $55.00 to $50.00 in a research report sent to investors on Wednesday,Benzinga reports. Wells Fargo & Company currently has an underweight rating on the construction company’s stock.

Other research analysts have also issued reports about the stock. Bank of America reduced their price target on shares of KB Home from $63.00 to $56.00 and set a “neutral” rating for the company in a research report on Wednesday. Keefe, Bruyette & Woods lowered their target price on KB Home from $67.00 to $62.00 and set a “market perform” rating for the company in a research note on Tuesday, December 23rd. Citizens Jmp assumed coverage on shares of KB Home in a research report on Tuesday. They issued an “outperform” rating and a $77.00 price objective on the stock. Barclays decreased their target price on KB Home from $62.00 to $56.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Truist Financial initiated coverage on shares of KB Home in a report on Tuesday, March 3rd. They issued a “hold” rating and a $65.00 price objective for the company. Three research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, KB Home presently has a consensus rating of “Hold” and a consensus price target of $59.50.

KB Home Stock Down 1.9%

Shares of NYSE:KBH opened at $50.91 on Wednesday. KB Home has a 12-month low of $48.90 and a 12-month high of $68.71. The company has a quick ratio of 0.53, a current ratio of 2.20 and a debt-to-equity ratio of 0.43. The stock has a market cap of $3.17 billion, a price-to-earnings ratio of 10.37, a PEG ratio of 7.15 and a beta of 1.47. The business’s 50 day moving average is $59.13 and its 200 day moving average is $60.82.

KB Home (NYSE:KBH) last issued its quarterly earnings results on Tuesday, March 24th. The construction company reported $0.52 EPS for the quarter, meeting analysts’ consensus estimates of $0.52. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. KB Home had a return on equity of 9.63% and a net margin of 5.96%.KB Home’s revenue was down 22.6% on a year-over-year basis. During the same period last year, the business posted $1.49 earnings per share. On average, sell-side analysts forecast that KB Home will post 8.42 earnings per share for the current fiscal year.

KB Home Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 5th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Thursday, February 5th. KB Home’s payout ratio is 20.37%.

Institutional Investors Weigh In On KB Home

Several institutional investors have recently modified their holdings of KBH. First Horizon Corp grew its holdings in KB Home by 178.9% during the 4th quarter. First Horizon Corp now owns 502 shares of the construction company’s stock valued at $28,000 after purchasing an additional 322 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in KB Home by 73.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 592 shares of the construction company’s stock worth $33,000 after buying an additional 250 shares in the last quarter. Fulcrum Asset Management LLP purchased a new position in KB Home in the third quarter valued at about $36,000. Aventura Private Wealth LLC purchased a new position in KB Home in the fourth quarter worth $46,000. Finally, Rothschild Investment LLC grew its stake in KB Home by 391.0% during the 4th quarter. Rothschild Investment LLC now owns 820 shares of the construction company’s stock worth $46,000 after buying an additional 653 shares during the last quarter. 96.09% of the stock is owned by institutional investors.

Trending Headlines about KB Home

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

• Positive Sentiment: Company pivot to a build-to-order strategy that management says should improve margins and position KBH for a recovery in 2027; this is the primary long-term upside scenario. Read More.
• Neutral Sentiment: Q1 earnings call framed 2026 as a “reset” year with cautionary commentary for near-term volumes and margins — useful context but not a catalyst by itself. Read More.
• Neutral Sentiment: Coverage initiation at Citizens JMP increases analyst attention (could change liquidity/visibility over time). Read More.
• Negative Sentiment: Q1 results disappointed: revenue down ~22–23% YoY, deliveries fell, and EPS missed/was materially below prior-year levels — a direct driver of the sell-off. Read More.
• Negative Sentiment: KBH cut guidance for 2026 and cited geopolitical headwinds (Middle East instability) as weighing on buyer demand — the weaker outlook amplifies upside risk for the shares. Read More.
• Negative Sentiment: Capital-return capacity is under pressure: buybacks slowed ~75% YoY in Q1, cash is being used to support payouts, and MarketBeat flags dividend/buyback risk if cash flows don’t recover. Read More.
• Negative Sentiment: Multiple sell-side firms have lowered estimates and price targets (Barclays, Bank of America to $56; UBS lowered expectations) and big firms (Goldman Sachs, Wells Fargo, Truist) issued pessimistic outlooks — analyst momentum is turning negative. Read More. Read More. Read More. Read More. Read More. Read More.
• Negative Sentiment: Technical and market-structure headwinds: MarketBeat highlights a looming “Death Cross,” critical support near the 2025 low (~$48.90) is at risk, institutions have been net sellers and short interest remains elevated — increasing downside vulnerability. Read More.

About KB Home

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.