Wedbush Has Bearish Forecast for KB Home FY2025 Earnings

KB Home (NYSE:KBH) – Wedbush dropped their FY2025 EPS estimates for KB Home in a report released on Monday, January 13th. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $8.72 for the year, down from their prior forecast of $9.67. Wedbush currently has a “Neutral” rating and a $75.00 price target on the stock. The consensus estimate for KB Home’s current full-year earnings is $8.42 per share. Wedbush also issued estimates for KB Home’s Q4 2025 earnings at $2.55 EPS, Q4 2026 earnings at $3.14 EPS and FY2026 earnings at $10.14 EPS.

KB Home (NYSE:KBH) last issued its quarterly earnings results on Monday, January 13th. The construction company reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.44 by $0.08. The business had revenue of $2 billion for the quarter, compared to analyst estimates of $1.99 billion. KB Home had a return on equity of 15.69% and a net margin of 9.31%. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.85 earnings per share.

A number of other brokerages have also recently issued reports on KBH. UBS Group reduced their price objective on shares of KB Home from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Bank of America decreased their price objective on KB Home from $80.00 to $76.00 and set a “neutral” rating for the company in a research note on Tuesday. Wells Fargo & Company cut their target price on KB Home from $74.00 to $65.00 and set an “underweight” rating on the stock in a research note on Monday. Barclays decreased their price objective on shares of KB Home from $85.00 to $60.00 and set an “equal weight” rating for the company in a report on Tuesday. Finally, Evercore ISI increased their target price on shares of KB Home from $88.00 to $95.00 and gave the stock an “outperform” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $75.88.

KB Home Trading Up 1.8 %

Shares of NYSE KBH opened at $68.36 on Thursday. The firm has a market capitalization of $5.01 billion, a PE ratio of 8.76, a price-to-earnings-growth ratio of 0.54 and a beta of 1.86. The firm’s 50-day moving average is $73.32 and its 200-day moving average is $77.92. KB Home has a 1 year low of $58.05 and a 1 year high of $89.70.

Institutional Trading of KB Home

Institutional investors have recently made changes to their positions in the business. FMR LLC grew its position in KB Home by 47.9% in the third quarter. FMR LLC now owns 5,411,255 shares of the construction company’s stock valued at $463,690,000 after purchasing an additional 1,752,498 shares in the last quarter. State Street Corp boosted its stake in shares of KB Home by 1.3% during the 3rd quarter. State Street Corp now owns 3,539,328 shares of the construction company’s stock worth $303,285,000 after buying an additional 45,311 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of KB Home by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 2,206,172 shares of the construction company’s stock valued at $189,047,000 after acquiring an additional 73,051 shares in the last quarter. Geode Capital Management LLC increased its position in shares of KB Home by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,938,359 shares of the construction company’s stock valued at $166,125,000 after acquiring an additional 16,593 shares during the last quarter. Finally, Holocene Advisors LP bought a new stake in KB Home during the third quarter worth about $89,899,000. Institutional investors own 96.09% of the company’s stock.

About KB Home

KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers.