KB Home (KBH)

• Market cap: $4.42B
• 1 day: -2.50%
• 5 days: -5.75%
• 1 month: -8.61%
• 3 months: -21.25%
• 6 months: -25.51%
• Year to date: -5.23%
• 1 year: -1.23%
• 5 years: 53.69%
• 10 years: 344.56%
• Sector: Industrials
• Industry: Operative Builders

About: KB Home is an American construction company that focuses on residential construction in the United States. The company builds single-family homes and communities across different geographical segments which include the West Coast which also derives the majority of the revenue, Southwest, Central, and Southeast. The company operates in several markets and focuses on first-time and move-up homebuyers. It also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.

Employees: 2,384

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

2.85% more ownership

Funds ownership: 93.28% [Q3] → 96.13% (+2.85%) [Q4]

0% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 57

3% less funds holding

Funds holding: 432 [Q3] → 418 (-14) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 169

24% less capital invested

Capital invested by funds: $6.06B [Q3] → $4.63B (-$1.43B) [Q4]

54% less call options, than puts

Call options by funds: $141M | Put options by funds: $305M

67% less funds holding in top 10

Funds holding in top 10: 3 [Q3] → 1 (-2) [Q4]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $60 2% downside
• Avg. target: $77 25% upside
• High target: $100 63% upside

9 analyst ratings

• positive: 3 33%
• neutral: 5 56%
• negative: 1 11%

Wells Fargo Sam Reid 28% 1-year accuracy 8 / 29 met price target	6% upside $65	Underweight Maintained	28 Jan 2025
B of A Securities Rafe Jadrosich 16% 1-year accuracy 3 / 19 met price target	16% upside $71	Neutral Maintained	27 Jan 2025
Raymond James Buck Horne 18% 1-year accuracy 4 / 22 met price target	31% upside $80	Outperform Reiterated	21 Jan 2025
Keefe, Bruyette & Woods Jade Rahmani 50% 1-year accuracy 17 / 34 met price target	24% upside $76	Market Perform Maintained	17 Jan 2025
JP Morgan Michael Rehaut 59% 1-year accuracy 10 / 17 met price target	22% upside $75	Neutral Maintained	15 Jan 2025