Zacks Research Comments on KB Home’s Q3 Earnings (NYSE:KBH)

KB Home (NYSE:KBH) – Research analysts at Zacks Research raised their Q3 2026 earnings estimates for KB Home in a report released on Wednesday, July 8th. Zacks Research analyst Team now anticipates that the construction company will post earnings of $0.85 per share for the quarter, up from their previous forecast of $0.74. Zacks Research has a “Hold” rating on the stock. The consensus estimate for KB Home’s current full-year earnings is $3.25 per share. Zacks Research also issued estimates for KB Home’s Q4 2026 earnings at $1.29 EPS, FY2026 earnings at $3.09 EPS, Q1 2027 earnings at $0.65 EPS, Q2 2027 earnings at $0.81 EPS, Q3 2027 earnings at $1.01 EPS, Q4 2027 earnings at $1.60 EPS, FY2027 earnings at $4.07 EPS, Q1 2028 earnings at $0.93 EPS, Q2 2028 earnings at $1.11 EPS and FY2028 earnings at $5.09 EPS.

KB Home (NYSE:KBH) last announced its earnings results on Tuesday, June 23rd. The construction company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). KB Home had a net margin of 4.94% and a return on equity of 7.67%. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the business posted $1.50 EPS. KB Home’s revenue for the quarter was down 27.3% on a year-over-year basis.

A number of other research analysts have also weighed in on the company. Wall Street Zen raised KB Home from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Wells Fargo & Company boosted their target price on KB Home from $50.00 to $52.00 and gave the stock an “underweight” rating in a report on Wednesday, June 24th. Bank of America cut their target price on KB Home from $63.00 to $56.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 25th. UBS Group raised their price target on KB Home from $63.00 to $66.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, The Goldman Sachs Group lowered their price target on KB Home from $65.00 to $56.00 and set a “neutral” rating for the company in a research report on Wednesday, March 25th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $60.17.

KB Home Stock Down 3.8%

Shares of KBH opened at $56.44 on Thursday. The business’s 50 day moving average price is $52.68 and its 200-day moving average price is $55.79. KB Home has a 52 week low of $44.03 and a 52 week high of $68.71. The stock has a market cap of $3.54 billion, a P/E ratio of 19.66, a P/E/G ratio of 9.87 and a beta of 1.34.

KB Home Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 7th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. KB Home’s dividend payout ratio (DPR) is 34.84%.

Hedge Funds Weigh In On KB Home

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Deprince Race & Zollo Inc. raised its stake in shares of KB Home by 13.1% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,054,280 shares of the construction company’s stock worth $59,472,000 after purchasing an additional 122,457 shares during the last quarter. Lincluden Management Ltd. bought a new position in shares of KB Home during the third quarter valued at $1,965,000. Entropy Technologies LP boosted its position in shares of KB Home by 59.1% during the third quarter. Entropy Technologies LP now owns 77,962 shares of the construction company’s stock valued at $4,962,000 after buying an additional 28,948 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of KB Home during the fourth quarter valued at $4,232,000. Finally, iSAM Funds UK Ltd bought a new stake in KB Home in the 3rd quarter worth about $1,451,000. 96.09% of the stock is owned by institutional investors.

More KB Home News

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

• Positive Sentiment: Zacks Research lifted KB Home’s FY2026 EPS estimate to $3.09 from $2.80, indicating stronger near-term earnings expectations.
• Positive Sentiment: Analysts also raised several later-period forecasts, including FY2027 EPS to $4.07 and FY2028 EPS to $5.09, which points to improving long-term profit potential.
• Neutral Sentiment: Zacks Research reiterated a “Hold” rating, suggesting the firm sees limited immediate upside despite the higher estimates.
• Negative Sentiment: The only cut in the batch was a lower Q1 2027 EPS estimate to $0.65 from $0.72, showing some quarter-to-quarter caution.

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.