Currently, there are 72.20M common shares owned by the public and among those 70.82M shares have been available to trade.
The company’s stock has a 5-day price change of 3.23% and -15.74% over the past three months. KBH shares are trading 2.21% year to date (YTD), with the 12-month market performance up to 7.61% higher. It has a 12-month low price of $58.05 and touched a high of $89.70 over the same period. KBH has an average intraday trading volume of 1.06 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.23%, -9.61%, and -10.46% respectively.
Institutional ownership of KB Home (NYSE: KBH) shares accounts for 98.20% of the company’s 72.20M shares outstanding.
It has a market capitalization of $4.93B and a beta (3y monthly) value of 1.86. The stock’s trailing 12-month PE ratio is 7.94, while the earnings-per-share (ttm) stands at $8.46. The company has a PEG of 0.61 and a Quick Ratio of 0.83 with the debt-to-equity ratio at 0.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.82% over the week and 3.25% over the month.
Analysts forecast that KB Home (KBH) will achieve an EPS of 1.62 for the current quarter, 2.0 for the next quarter and 9.14 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.58 while analysts give the company a high EPS estimate of 1.58. Comparatively, EPS for the current quarter was 1.76 a year ago. Earnings per share for the fiscal year are expected to increase by 0.42%, and 9.24% over the next financial year. EPS should shrink at an annualized rate of 12.96% over the next five years, compared to 24.25% over the past 5-year period.
Looking at the support for the KBH, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Sector Perform rating for the stock in a research note on January 10, 2025, with the firm’s price target at $70-$67. Barclays coverage for the KB Home (KBH) stock in a research note released on December 11, 2024 offered a Equal Weight rating with a price target of $85. Wells Fargo was of a view on October 07, 2024 that the stock is Underweight, while RBC Capital Mkts gave the stock Underperform rating on September 05, 2024, issuing a price target of $70. Seaport Research Partners on their part issued Sell rating on August 05, 2024.
