KB Home
About: KB Home is an American construction company that focuses on residential construction in United States. The company builds single-family homes and communities across different geographical segments which include 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: 2,205
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
72% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 43
12% more capital invested
Capital invested by funds: $5.39B [Q2] → $6.01B (+$625M) [Q3]
8% more funds holding
Funds holding: 399 [Q2] → 430 (+31) [Q3]
8.65% less ownership
Funds ownership: 101.17% [Q2] → 92.52% (-8.65%) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 156
59% less call options, than puts
Call options by funds: $192M | Put options by funds: $463M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Wells Fargo Sam Reid 21% 1-year accuracy 5 / 24 met price target | 12%upside $74 | Underweight Maintained | 17 Dec 2024 |
JP Morgan Michael Rehaut 63% 1-year accuracy 10 / 16 met price target | 25%upside $82 | Neutral Maintained | 13 Dec 2024 |
Barclays Matthew Bouley 34% 1-year accuracy 21 / 61 met price target | 29%upside $85 | Equal-Weight Downgraded | 11 Dec 2024 |
Wedbush Jay McCanless 74% 1-year accuracy 51 / 69 met price target | 14%upside $75 | Neutral Maintained | 25 Sept 2024 |
Financial journalist opinion
Based on 16 articles about KBH published over the past 30 days