In the latest trading session, KB Home (KBH - Free Report) closed at $47.05, marking a +1.86% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.52% for the day. Meanwhile, the Dow experienced a drop of 1.24%, and the technology-dominated Nasdaq saw a decrease of 0.21%.
The homebuilder's shares have seen a decrease of 3.06% over the last month, surpassing the Construction sector's loss of 6.53% and falling behind the S&P 500's loss of 1.21%.
The investment community will be paying close attention to the earnings performance of KB Home in its upcoming release. It is anticipated that the company will report an EPS of $1.21, marking a 36.98% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.53 billion, indicating a 9.81% decrease compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.26 per share and revenue of $5.02 billion, which would represent changes of -50% and -19.55%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for KB Home. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.31% higher. KB Home presently features a Zacks Rank of #3 (Hold).
In terms of valuation, KB Home is currently trading at a Forward P/E ratio of 14.17. This represents a premium compared to its industry average Forward P/E of 13.01.
We can also see that KBH currently has a PEG ratio of 2.4. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Building Products - Home Builders was holding an average PEG ratio of 2.35 at yesterday's closing price.
The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 234, which puts it in the bottom 5% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
A month has gone by since the last earnings report for KB Home (KBH - Free Report) . Shares have lost about 8.8% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is KB Home due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
KB Home Q3 Earnings & Revenues Beat Estimates as BTO Mix Lifts MarginKB Home reported third-quarter fiscal 2026 earnings of $1.05 per share, beating the Zacks Consensus Estimate of 88 cents by 19.3%. Earnings declined 34.8% from $1.61 per share in the year-ago quarter.
Total revenues of $1.30 billion surpassed the consensus mark of $1.29 billion by 0.4% but declined 20% year over year. Results reflected lower deliveries and continued pricing pressure, partly offset by progress in the company’s Built to Order model. BTO homes represented 74% of deliveries, supporting sequential improvement in housing gross margin.
KB Home’s Homebuilding HighlightsHousing revenues totaled $1.29 billion, down 20% from $1.61 billion in the prior-year quarter. The decline primarily reflected a 19% decrease in homes delivered and a modest decline in the overall average selling price (ASP).
Homes delivered were 2,732 compared with 3,393 a year ago. The backlog conversion rate was 60% compared with 71% in the prior-year period, reflecting the shift toward a higher mix of Built to Order homes. The ASP was $473,000 compared with $475,700 a year ago.
Net orders decreased 12% year over year to 2,604 homes, while net order value fell 8% to $1.21 billion. Monthly net orders per community declined to 3.1 from 3.8, reflecting a more cautious homebuying environment.
The cancellation rate increased to 18% of gross orders from 17%. However, average community count rose 8% to 279, while ending community count increased 5% to 277. Management cited higher mortgage rates, weaker consumer confidence and affordability pressure as factors weighing on demand.
Ending backlog increased year over year for the first time in four years. Backlog rose 2% to 4,398 homes, while backlog value increased 3% to $2.05 billion. The higher backlog provides visibility into future deliveries as the company continues its Built to Order strategy.
KB Home Posts Sequential Margin ImprovementHomebuilding operating income was $67.1 million compared with $131.2 million a year ago. The corresponding margin contracted to 5.2% from 8.1%. Excluding inventory-related charges, the operating margin was 5.4% compared with 8.8%.
Housing gross margin was 16.5%, down from 18.2% a year earlier. Excluding inventory-related charges, adjusted housing gross margin was 16.8% versus 18.9%. The adjusted margin improved from 15.7% in the second quarter, helped by the stronger BTO delivery mix. SG&A expenses represented 11.3% of housing revenues versus 10% a year ago.
KBH Maintains a Solid Liquidity PositionKBH ended the quarter with total liquidity of $942.4 million, comprising $159 million of cash and $783.4 million of available capacity under its unsecured revolving credit facility. Inventories increased 5% from Nov. 30, 2025, to $5.98 billion.
Land and land development investments totaled $722.3 million in the quarter, up 40% year over year. KBH repurchased 0.9 million shares for $50 million during the quarter. The debt-to-capital was 35.7%, while book value per share increased 4% year over year to $62.56.
KB Home Moderates Q4 ExpectationsFor the fourth quarter of fiscal 2026, KB Home expects deliveries of 3,000-3,500 homes and housing revenues of $1.45-$1.65 billion. Housing gross margin is projected between 16% and 16.6%, assuming no inventory-related charges, while the SG&A ratio is expected to be between 10.3% and 10.9%. The effective tax rate is anticipated to be approximately 26%, with ending community count projected at 270-275.
For fiscal 2026, KB Home continues to expect deliveries of 10,500-11,000 homes, unchanged from its prior outlook. However, the company narrowed its housing revenue guidance to $4.90-$5.10 billion from $4.90-$5.30 billion previously. KBH now expects a housing gross margin of 16-16.2%, assuming no inventory-related charges, compared with its previous projection of 16.1-16.5%. The SG&A expense ratio is now expected at 11.5-11.7%, versus 11.4-11.8% previously.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -15.74% due to these changes.
VGM ScoresCurrently, KB Home has a poor Growth Score of F, a score with the same score on the momentum front. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for value investors.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, KB Home has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
KB Home (KBH - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this homebuilder have returned -11%, compared to the Zacks S&P 500 composite's +0.7% change. During this period, the Zacks Building Products - Home Builders industry, which KB Home falls in, has lost 4.7%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, KB Home is expected to post earnings of $1.21 per share, indicating a change of -37% from the year-ago quarter. The Zacks Consensus Estimate has changed -15.7% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $3.26 points to a change of -50% from the prior year. Over the last 30 days, this estimate has changed -0.4%.
For the next fiscal year, the consensus earnings estimate of $3.67 indicates a change of +12.7% from what KB Home is expected to report a year ago. Over the past month, the estimate has changed -13.4%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for KB Home.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of KB Home, the consensus sales estimate of $1.53 billion for the current quarter points to a year-over-year change of -9.8%. The $5.02 billion and $5.1 billion estimates for the current and next fiscal years indicate changes of -19.6% and +1.7%, respectively.
Last Reported Results and Surprise HistoryKB Home reported revenues of $1.3 billion in the last reported quarter, representing a year-over-year change of -20%. EPS of $1.05 for the same period compares with $1.61 a year ago.
Compared to the Zacks Consensus Estimate of $1.29 billion, the reported revenues represent a surprise of +0.42%. The EPS surprise was +19.32%.
Over the last four quarters, KB Home surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
KB Home is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about KB Home. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
New community near area beaches and top-rated schools is now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Sebastian Oaks, a new-home community in St. Augustine, Florida.
Sebastian Oaks at a Glance:
Sebastian Oaks model home
Price: From the low $300,000s
Location: St. Augustine, Florida, at the corner of Lewis Speedway and Mose Bluff Avenue near U.S. Highway 1
Home type: One- and two-story single-family floor plans
Bedrooms/baths: Up to 5 bedrooms and 3 baths
School district: St. Johns County School District
Sebastian Oaks is located at the corner of Lewis Speedway and Mose Bluff Avenue. The community provides easy access to U.S. Highway 1 and Interstate 95 and is just 5 miles from Vilano Beach. Residents will enjoy the proximity to downtown St. Augustine, Flagler Hospital, Matanzas River and St. Augustine Premium Outlets®. Sebastian Oaks is also a natural gas community and has no CDD fees.
The homes at Sebastian Oaks are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and lofts. Homebuyers can personalize their new home, from floor plan and exterior style to where they live in the community, and then bring their vision to life at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
"We are excited to introduce North Florida homebuyers to beautiful new homes in a highly desirable location convenient to downtown St. Augustine and just minutes to area beaches," said Todd Holder, President of KB Home's Jacksonville division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Sebastian Oaks sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Cara Kane, KB Home
321-299-6844
[email protected]
Legacy Housing (NASDAQ:LEGH – Get Free Report) and KB Home (NYSE:KBH – Get Free Report) are both consumer discretionary companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, profitability, institutional ownership, risk and valuation.
Profitability This table compares Legacy Housing and KB Home’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Legacy Housing 28.56% 9.53% 8.74% KB Home 4.39% 6.56% 3.71% Earnings and Valuation This table compares Legacy Housing and KB Home”s revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Legacy Housing $164.57 million 3.87 $41.81 million $2.17 12.33 KB Home $6.24 billion 0.41 $428.79 million $3.55 11.80 KB Home has higher revenue and earnings than Legacy Housing. KB Home is trading at a lower price-to-earnings ratio than Legacy Housing, indicating that it is currently the more affordable of the two stocks.
Analyst Ratings This is a breakdown of current ratings and recommmendations for Legacy Housing and KB Home, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Legacy Housing 0 4 0 0 2.00 KB Home 4 8 4 0 2.00 Legacy Housing presently has a consensus target price of $21.00, indicating a potential downside of 21.50%. KB Home has a consensus target price of $53.08, indicating a potential upside of 26.74%. Given KB Home’s higher possible upside, analysts clearly believe KB Home is more favorable than Legacy Housing.
Volatility & Risk Legacy Housing has a beta of 0.75, meaning that its stock price is 25% less volatile than the S&P 500. Comparatively, KB Home has a beta of 1.34, meaning that its stock price is 34% more volatile than the S&P 500.
Institutional & Insider Ownership 89.3% of Legacy Housing shares are held by institutional investors. Comparatively, 96.1% of KB Home shares are held by institutional investors. 12.7% of Legacy Housing shares are held by company insiders. Comparatively, 4.7% of KB Home shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary KB Home beats Legacy Housing on 7 of the 13 factors compared between the two stocks.
About Legacy Housing (Get Free Report)
Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. The company also offers inventory financing for its independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy or lease its products for use in their rental housing communities. In addition, it involved in financing and developing new manufactured home communities. The company markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
About KB Home (Get Free Report)
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. The company also provides financial services, such as insurance products and title services, as well as mortgage banking services, including residential consumer mortgage loans to homebuyers. It has operations in Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, Texas, and Washington. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is based in Los Angeles, California.
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KB Home (NYSE:KBH – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday. The company traded as low as $41.57 and last traded at $41.6520, with a volume of 1,379,557 shares traded. The stock had previously closed at $43.13.
Analysts Set New Price Targets KBH has been the subject of a number of research reports. UBS Group reiterated a “buy” rating on shares of KB Home in a report on Wednesday, September 23rd. Wall Street Zen downgraded KB Home from a “hold” rating to a “sell” rating in a report on Saturday, October 3rd. Morgan Stanley assumed coverage on KB Home in a report on Thursday, October 1st. They set an “underweight” rating and a $39.00 price objective on the stock. Zacks Research lowered KB Home from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 17th. Finally, Keefe, Bruyette & Woods lowered their target price on KB Home from $65.00 to $54.00 and set a “market perform” rating for the company in a report on Monday, October 5th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $53.08.
View Our Latest Research Report on KB Home
KB Home Stock Down 3.4% The business has a 50 day simple moving average of $51.21 and a 200 day simple moving average of $52.58. The company has a market capitalization of $2.53 billion, a PE ratio of 11.73, a PEG ratio of 2.24 and a beta of 1.34. KB Home (NYSE:KBH – Get Free Report) last issued its quarterly earnings results on Tuesday, September 22nd. The construction company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.17. KB Home had a return on equity of 6.56% and a net margin of 4.39%. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the company earned $1.61 earnings per share. The company’s quarterly revenue was down 20.0% on a year-over-year basis. Equities analysts expect that KB Home will post 3.25 EPS for the current fiscal year.
KB Home Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Thursday, November 12th will be paid a $0.25 dividend. The ex-dividend date is Thursday, November 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.4%. KB Home’s dividend payout ratio is presently 28.17%.
Insider Buying and Selling at KB Home In other KB Home news, EVP Albert Z. Praw sold 22,015 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $58.70, for a total value of $1,292,280.50. Following the sale, the executive vice president directly owned 104,062 shares of the company’s stock, valued at approximately $6,108,439.40. This represents a 17.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Arthur Collins sold 4,000 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $56.96, for a total transaction of $227,840.00. Following the completion of the sale, the director directly owned 9,157 shares in the company, valued at approximately $521,582.72. The trade was a 30.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 4.69% of the company’s stock.
Hedge Funds Weigh In On KB Home Several institutional investors and hedge funds have recently modified their holdings of the stock. Eastern Bank acquired a new stake in shares of KB Home in the second quarter valued at approximately $26,000. Bessemer Group Inc. grew its position in shares of KB Home by 80.0% during the first quarter. Bessemer Group Inc. now owns 495 shares of the construction company’s stock worth $26,000 after acquiring an additional 220 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of KB Home in the 2nd quarter valued at $46,000. Polaris Financial Partners acquired a new position in shares of KB Home in the 3rd quarter valued at $43,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of KB Home in the 2nd quarter valued at $73,000. Institutional investors and hedge funds own 96.09% of the company’s stock.
About KB Home (Get Free Report)
KB Home is a national homebuilder that designs, constructs and sells single-family homes and townhomes. The company offers homes in a range of floor plans, sizes and price points, with options that allow buyers to personalize features and finishes. Its communities typically include amenities such as parks, open spaces and other neighborhood improvements.
Founded in 1957, KB Home is headquartered in Los Angeles, California. The company serves residential markets across the United States, including Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, South Carolina, Texas and Washington.
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New gated community in Riverside County, with planned on-site amenities and close to parks and outdoor recreation, is now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Camellia Glen, a new townhome community in Wildomar, California.
Camellia Glen at a Glance:
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of Camellia Glen, a new townhome community in Wildomar, California. Price: From the $460,000s Location: Wildomar, California, just south of Clinton Keith Road at the corner of Washington Avenue and Post Road Home type: Two-story townhomes Bedrooms/baths: 3 bedrooms and 2.5 baths School district: Lake Elsinore Unified School District Amenities: Planned recreation area with a pool, spa, barbecue and picnic area, children's playground, dog park and sports courts Camellia Glen is in a central location that provides convenient access to Interstate 15, Interstate 215 and Highway 79, which connect residents to Ontario International Airport and major employment centers in the Inland Empire and Orange and San Diego Counties. The community is a short drive to shopping, dining and entertainment in Old Town Murrieta and Temecula. Outdoor enthusiasts will also appreciate the proximity to hiking and biking at Santa Rosa Plateau Ecological Reserve and boating, fishing and swimming at Lake Elsinore.
The homes at Camellia Glen are designed for contemporary living, with modern kitchens overlooking spacious great rooms, bedroom suites with walk-in closets, and ample storage space. Homebuyers can personalize their new home at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
Additionally, the homes at Camellia Glen are built to the Insurance Institute for Business & Home Safety's (IBHS®) highest wildfire resilience standards, incorporating fire-resistant materials and construction methods designed to protect against direct flame contact, radiant heat and wind-driven embers. Features include Class A fire-rated roofs, noncombustible gutters, upgraded windows and doors, ember- and flame-resistant vents, and a 5-foot noncombustible buffer around structures. At the neighborhood level, wildfire risk is further reduced by separating most structures by more than 10 feet and decreasing potential fuels through fire-resistant materials such as all-metal fencing systems.
"With Camellia Glen, we're bringing beautiful new townhomes to a picturesque Riverside County location. The new gated community includes a variety of planned on-site amenities and is close to parks and outdoor recreation," said Erick Montano, President of KB Home's Inland Empire division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Camellia Glen sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
KB HOME OPENS CAMELLIA GLEN: NEW TOWNHOMES FROM THE $460Ks IN WILDOMAR, CALIFORNIAPR Newswire
LOS ANGELES, Oct. 9, 2026
New gated community in Riverside County, with planned on-site amenities and close to parks and outdoor recreation, is now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Camellia Glen, a new townhome community in Wildomar, California.
Camellia Glen at a Glance:
Price: From the $460,000sLocation: Wildomar, California, just south of Clinton Keith Road at the corner of Washington Avenue and Post RoadHome type: Two-story townhomesBedrooms/baths: 3 bedrooms and 2.5 bathsSchool district: Lake Elsinore Unified School DistrictAmenities: Planned recreation area with a pool, spa, barbecue and picnic area, children's playground, dog park and sports courts Camellia Glen is in a central location that provides convenient access to Interstate 15, Interstate 215 and Highway 79, which connect residents to Ontario International Airport and major employment centers in the Inland Empire and Orange and San Diego Counties. The community is a short drive to shopping, dining and entertainment in Old Town Murrieta and Temecula. Outdoor enthusiasts will also appreciate the proximity to hiking and biking at Santa Rosa Plateau Ecological Reserve and boating, fishing and swimming at Lake Elsinore.
The homes at Camellia Glen are designed for contemporary living, with modern kitchens overlooking spacious great rooms, bedroom suites with walk-in closets, and ample storage space. Homebuyers can personalize their new home at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
Additionally, the homes at Camellia Glen are built to the Insurance Institute for Business & Home Safety's (IBHS®) highest wildfire resilience standards, incorporating fire-resistant materials and construction methods designed to protect against direct flame contact, radiant heat and wind-driven embers. Features include Class A fire-rated roofs, noncombustible gutters, upgraded windows and doors, ember- and flame-resistant vents, and a 5-foot noncombustible buffer around structures. At the neighborhood level, wildfire risk is further reduced by separating most structures by more than 10 feet and decreasing potential fuels through fire-resistant materials such as all-metal fencing systems.
"With Camellia Glen, we're bringing beautiful new townhomes to a picturesque Riverside County location. The new gated community includes a variety of planned on-site amenities and is close to parks and outdoor recreation," said Erick Montano, President of KB Home's Inland Empire division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Camellia Glen sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/kb-home-opens-camellia-glen-new-townhomes-from-the-460ks-in-wildomar-california-302903149.html
KB Home (KBH - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this homebuilder have returned -7.1% over the past month versus the Zacks S&P 500 composite's +1.3% change. The Zacks Building Products - Home Builders industry, to which KB Home belongs, has lost 5% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, KB Home is expected to post earnings of $1.25 per share, indicating a change of -34.9% from the year-ago quarter. The Zacks Consensus Estimate has changed -12.8% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $3.25 points to a change of -50.2% from the prior year. Over the last 30 days, this estimate has changed -0.6%.
For the next fiscal year, the consensus earnings estimate of $3.77 indicates a change of +16% from what KB Home is expected to report a year ago. Over the past month, the estimate has changed -12.5%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for KB Home.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of KB Home, the consensus sales estimate of $1.54 billion for the current quarter points to a year-over-year change of -9.4%. The $5.02 billion and $5.16 billion estimates for the current and next fiscal years indicate changes of -19.4% and +2.7%, respectively.
Last Reported Results and Surprise HistoryKB Home reported revenues of $1.3 billion in the last reported quarter, representing a year-over-year change of -20%. EPS of $1.05 for the same period compares with $1.61 a year ago.
Compared to the Zacks Consensus Estimate of $1.29 billion, the reported revenues represent a surprise of +0.42%. The EPS surprise was +19.32%.
Over the last four quarters, KB Home surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
KB Home is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about KB Home. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
Two new communities, priced from the low $600Ks and within walking distance of schools and parks, are now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of The Landing and The Meadows, two new communities within the Cypress Ranch master plan in Oakley, California.
The Landing and The Meadows at Cypress Ranch at a Glance:
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of The Landing and The Meadows, two new communities within the Cypress Ranch master plan in Oakley, California.
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of The Landing and The Meadows, two new communities within the Cypress Ranch master plan in Oakley, California. Price: From the low $600,000s Location: Oakley, California, on East Cypress Road between Sellers Avenue and Jersey Island Road Home type: One- and two-story, single-family detached homes Bedrooms/baths: Up to 6 bedrooms and 3 baths Schools District: Oakley Union Elementary and Liberty Union High School Districts The Landing and The Meadows at Cypress Ranch are in an ideal location that provides convenient access to Highway 4, Highway 12, Interstate 680, BART and major employment centers in the San Francisco East Bay Area. The new communities are close to downtown Oakley and The Streets of Brentwood for shopping, dining and entertainment. Homeowners will also appreciate the proximity to Delaney Park, Black Diamond Mines Regional Preserve and the San Joaquin Delta for boating, water skiing, fishing and swimming.
"With The Landing and The Meadows at Cypress Ranch, we're introducing beautiful homes to a new master plan in a desirable Oakley location. The new communities are also within walking distance of schools and parks," said Matt Sauls, President of KB Home's North Bay division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
The homes at The Landing and The Meadows at Cypress Ranch are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. Homebuyers can personalize their new home, from floor plan and exterior style to where they live in the community, and then bring their vision to life at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Landing and The Meadows at Cypress Ranch sales offices and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
LOS ANGELES, Oct. 8, 2026 /PRNewswire/ -- The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of $.25 per share on the Company's common stock, payable on November 25, 2026 to stockholders of record on November 12, 2026. About KB Home KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys.
KB Home (KBH - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this homebuilder have returned -12.5%, compared to the Zacks S&P 500 composite's +1% change. During this period, the Zacks Building Products - Home Builders industry, which KB Home falls in, has lost 7.1%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, KB Home is expected to post earnings of $1.33 per share, indicating a change of -30.7% from the year-ago quarter. The Zacks Consensus Estimate has changed -9.2% over the last 30 days.
The consensus earnings estimate of $3.27 for the current fiscal year indicates a year-over-year change of -49.9%. This estimate has changed -0.9% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $3.96 indicates a change of +21.3% from what KB Home is expected to report a year ago. Over the past month, the estimate has changed -10.6%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, KB Home is rated Zacks Rank #4 (Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For KB Home, the consensus sales estimate for the current quarter of $1.58 billion indicates a year-over-year change of -6.9%. For the current and next fiscal years, $5.06 billion and $5.28 billion estimates indicate -18.8% and +4.4% changes, respectively.
Last Reported Results and Surprise HistoryKB Home reported revenues of $1.3 billion in the last reported quarter, representing a year-over-year change of -20%. EPS of $1.05 for the same period compares with $1.61 a year ago.
Compared to the Zacks Consensus Estimate of $1.29 billion, the reported revenues represent a surprise of +0.42%. The EPS surprise was +19.32%.
Over the last four quarters, KB Home surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
KB Home is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about KB Home. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
New community in San Diego County close to local schools, parks and outdoor recreation is now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of City Vista, which offers a rare opportunity to own a new paired home in Escondido, California.
City Vista at a Glance:
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of City Vista, which offers a rare opportunity to own a new paired home in Escondido, California. Price: From the mid $600,000s Location: Escondido, California, near Interstate 15, at the corner of North Nutmeg Street and North Centre City Parkway Home type: Three-story paired homes Bedrooms/baths: Up to 4 bedrooms and 3.5 baths School district: Escondido Union School District Amenities: Planned open space with a children's playground, benches and walking paths City Vista is in a central location that provides convenient access to Interstate 15, Highway 78 and major employers throughout San Diego and Riverside Counties. The community is a short drive to the Escondido wine region as well as Mershops North County Mall and historic downtown Escondido for shopping, dining and entertainment. Homeowners will also appreciate the proximity to Dixon Lake for fishing and boating and Kit Carson Park, which features sports fields and courts, hiking and biking trails, picnic and barbecue areas, and playgrounds.
The homes at City Vista are designed for contemporary living, with modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and ample storage space. Homebuyers can personalize their new home, from floor plan and exterior style to where they live in the community, and then bring their vision to life at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
"With City Vista, we're bringing beautiful new paired homes to Escondido, a highly desirable city in San Diego County. The new community includes planned on-site amenities and is close to local schools, parks and outdoor recreation," said Steve Ruffner, Regional General Manager of KB Home's Coastal division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
Additionally, the homes at City Vista are built to the Insurance Institute for Business & Home Safety's (IBHS®) highest wildfire resilience standards, incorporating fire-resistant materials and construction methods designed to protect against direct flame contact, radiant heat and wind-driven embers. Features include Class A fire-rated roofs, noncombustible gutters, upgraded windows and doors, ember- and flame-resistant vents, and a 5-foot noncombustible buffer around structures.
The City Vista sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
New community priced from the mid $500,000s, with planned on-site amenities and close to schools and parks, is now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Arroyo, a new-home community within the Griffin Park master plan in Manteca, California.
Arroyo at Griffin Park at a Glance:
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of Arroyo, a new-home community within the Griffin Park master plan in Manteca, California. Price: From the mid $500,000s Location: Manteca, California, south of Highway 120 at the corner of Tinnin Road and Hot Springs Drive Home type: One- and two-story single-family homes Bedrooms/baths: Up to 6 bedrooms and 4.5 baths School district: Manteca Unified School District Amenities: Planned park, children's playground and walking paths Arroyo at Griffin Park provides easy access to Highway 99, Highway 120, Interstate 5, Interstate 580 and major employers in the Central Valley and San Francisco East Bay. The new community is close to shopping, dining and entertainment in downtown Manteca and at Great Wolf Lodge® Waterpark and The Promenade Shops at Orchard Valley, which is home to Bass Pro Shops®, AMC® Showplace 16, Living Spaces® and Kohl's®. Homeowners will also appreciate the proximity to Woodward Park, which includes sports courts and fields, walking and jogging paths, and a children's play area.
The homes at Arroyo at Griffin Park are designed for contemporary living, with modern kitchens overlooking spacious great rooms, expansive bedroom suites with walk-in closets, first-floor junior suites with kitchenettes, and ample storage space. Homebuyers can personalize their new home, from floor plan and exterior style to where they live in the community, and then bring their vision to life at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
"With Arroyo, we're bringing beautiful homes to Griffin Park, a sought-after master plan that features planned on-site amenities and is close to schools and parks. With the opening of our third new community in Griffin Park, we are able to provide homebuyers with a larger array of floor plans to fit their lifestyle and budget," said Matt Sauls, President of KB Home's North Bay and Central Valley divisions. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Arroyo at Griffin Park sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
New community with a variety of on-site amenities and near outdoor recreation is now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Brighton, a new-home community in Hockley, Texas.
Brighton at a Glance:
Model home in Brighton community Price: From the low $200,000s Location: Hockley, Texas, at the corner of Brighton Falls Drive and Solaris Star Drive Home type: One- and two-story single-family floor plans Bedrooms/baths: Up to 5 bedrooms and 3.5 baths Community amenities: Pickleball court, playground, park, pool, covered pavilion and green space School district: Waller Independent School District Brighton is located at the corner of Brighton Falls Drive and Solaris Star Drive. The community provides easy access to U.S. Highway 290, Grand Parkway, Beltway 8 and State Highway 249 for an easy commute to Houston, Cypress and area employment centers. Residents will enjoy the proximity to a variety of outdoor recreation, including Hockley Recreational Complex, which offers trails, playgrounds, splash pads, fishing and community events.
The homes at Brighton are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and lofts. Homebuyers can personalize their new home, from floor plan and exterior style to where they live in the community, and then bring their vision to life at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
"With Brighton, we're bringing beautiful new homes to the Houston area that offer a range of community amenities and easy access to Houston, Cypress and area employers," said Marc Tindall, President of KB Home's Houston division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Brighton sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
KB Home (KBH) shares are experiencing a decline after the company revised its expectations for sequential margin improvement in Q4. This change comes as factors
Pre-markets look to be harvesting a few near-term profits this morning, following a healthy past week or so of trading on the Nasdaq and the S&P 500. The AI trade has picked up momentum again, along with a quiet period on the economic reports, earnings releases ands even developments in the Middle East. But early traders are pumping the brakes a bit.
Speaking of the Middle East, spot oil prices are both up a tad: $90 per barrel (/bbl) on the WTI and $100/bbl on Brent crude. Bond yields are inching back up to +5% on the 10-year — +4.99% — while keeping that 20 basis-point (bps) margin with the 2-year yield: +4.79%. The Dow is currently down -174 points, the Nasdaq -94, the S&P 500 -11 and the small-cap Russell 2000 -17 points presently.
Earnings Reports This Morning: CBRL, GISOnly a couple days after Zacks Strategist Dave Bartosiak named Cracker Barrel ((CBRL - Free Report) his Zacks Bull of the Day, the restaurant and gift store chain posted a +395% positive earnings surprise in its fiscal Q4 report this morning. Shares are up +6.8% in early trading, adding to its impressive +79% gains year to date.
Elsewhere, breakfast retail staple General Mills ((GIS - Free Report) outperformed expectations on both top and bottom lines —earnings of $0.75 per share beat the Zacks consensus by 3 cents on revenues of $4.39 billion, +1.04% above estimates — but shares are only flat on the news. This stock has been struggling so far through 2026, -23.8% over that time.
Yesterday afternoon, national home builder KB Home ((KBH - Free Report) surpassed forecasts, with earnings of $1.05 per share on $1.3 billion in revenues coming in ahead of expectations for $0.88 per share and $1.29 billion in sales, respectively. Yet shares are down -3% in early trading as the homebuilder warned of headwinds in the present quarter, including higher mortgage rates.
What to Expect from the Stock Market TodaySpeaking of housing, Fed Governor Michael Barr takes the stage later this morning at the Federal Reserve Bank of Chicago, where he plans to speak on housing affordability. Chicago has led major cities in home price value for several months, which is helping keep potential new homeowners from entering the market.
We’ll also listen for any insights Barr might give regarding the Fed’s outlook on future interest rates. The 25 bps hike last week was the first raise of 2026, and without forward guidance from Fed Chair Kevin Warsh, market activity experienced a pang of worry mid-week. Is the Fed thinking future hikes are in order for the final two FOMC meeting of the year? Inquiring minds want to know…
Also, flash S&P Manufacturing and Services PMI are due out after the open for the month of September. Both sides are expected to remain healthy, firmly above the 50 level which indicates growth. Manufacturing is anticipated to tick up slightly to 53.5, while Services look to reach 55.7, 90 bps lower than last month’s report.
KB Home remains a Hold as persistent affordability pressures and elevated mortgage rates constrain demand, especially among first-time buyers. Despite a 20% YoY revenue decline and margin compression, KBH's shift to build-to-order supports healthier margins and de-risks inventory. Backlog grew 3% to $3.05B, stabilizing the near-term outlook, but 2027 prospects remain challenged by high rates and weak transaction levels.
KB Home (NYSE:KBH) on Tuesday reported upbeat financial results for the third quarter.
KB Home reported third-quarter revenue of $1.297 billion, beating analyst estimates of $1.294 billion, according to Benzinga Pro. The company reported third-quarter earnings of $1.05 per share, beating estimates of 89 cents per share.
"We are operating in a housing market that continues to be challenging, with conditions weakening since our June earnings report. Higher mortgage interest rates have further pressured affordability and, together with geopolitical uncertainty and broader economic headwinds, have caused many prospective buyers to be more cautious on purchasing a home," said Jeffrey Mezger, executive chairman of KB Home.
KB Home expects $1.45 billion to $1.65 billion in housing revenue in the fourth quarter. The company also guided for full-year 2026 housing revenue of $4.90 billion to $5.10 billion.
KB Home shares fell 1.9% to trade at $47.71 on Wednesday.
These analysts made changes to their price targets on KB Home following earnings announcement.
B of A Securities analyst Rafe Jadrosich maintained the stock with a Neutral and lowered the price target from $56 to $54. Citizens analyst James McCanless maintained the stock with a Market Outperform and cut the price target from $77 to $70. Barclays analyst Matthew Bouley maintained the stock with an Overweight rating and lowered the price target from $57 to $49. RBC Capital analyst Mike Dahl maintained the stock with a Sector Perform and lowered the price target from $53 to $50. Evercore ISI Group analyst Stephen Kim maintained the stock with an In-Line rating and cut the price target from $62 to $59. Considering buying KBH stock? Here’s what analysts think:
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KB Home (KBH) Q3 2026 Earnings Call September 22, 2026 5:00 PM EDT
Company Participants
Jill Peters - Senior Vice President of Investor Relations
Jeffrey Mezger - Executive Chairman
Rob McGibney - CEO, President & Director
William Hollinger - Senior VP & Chief Accounting Officer
Conference Call Participants
Matthew Bouley - Barclays Bank PLC, Research Division
Randa Shaw
John Lovallo - UBS Investment Bank, Research Division
Susan Maklari - Goldman Sachs Group, Inc., Research Division
Alan Ratner - Zelman & Associates LLC
Rafe Jadrosich - BofA Securities, Research Division
Buck Horne - CGS International
Trevor Allinson - Wolfe Research, LLC
Richard Reid - Wells Fargo Securities, LLC, Research Division
Presentation
Operator
Good afternoon. My name is John, and I'll be your conference operator today. I'd like to welcome everyone to the KB Home 2026 Third Quarter Earnings Conference Call. [Operator Instructions] This conference call is being recorded and a replay will be accessible on the KB Home website until October 22, 2026.
And I'll now turn the call over to Jill Peters, Senior Vice President, Investor Relations. Thank you, Jill. You may now begin.
Jill Peters
Senior Vice President of Investor Relations
Thank you, John. Good afternoon, everyone, and thank you for joining us today to review our results for the third quarter of fiscal 2026. On the call are Jeff Mezger, Executive Chairman; Rob McGibney, President and Chief Executive Officer; Bill Hollinger, Senior Vice President and Chief Accounting Officer; and Thad Johnson, Senior Vice President and Treasurer. During this call, items will be discussed that are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results, and the company does not undertake any obligation to update them.
Due to various factors, including those detailed in today's press release and in our filings with the Securities and
KB Home (KBH - Free Report) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $1.61 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +19.32%. A quarter ago, it was expected that this homebuilder would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
KB Home, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $1.3 billion for the quarter ended August 2026, surpassing the Zacks Consensus Estimate by 0.42%. This compares to year-ago revenues of $1.62 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
KB Home shares have lost about 15.2% since the beginning of the year versus the S&P 500's gain of 13.4%.
What's Next for KB Home?While KB Home has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for KB Home was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.44 on $1.59 billion in revenues for the coming quarter and $3.27 on $5.07 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Home Builders is currently in the bottom 5% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, M/I Homes (MHO - Free Report) , has yet to report results for the quarter ended September 2026. The results are expected to be released on October 21.
This homebuilder is expected to post quarterly earnings of $3.05 per share in its upcoming report, which represents a year-over-year change of -26.3%. The consensus EPS estimate for the quarter has been revised 3.2% lower over the last 30 days to the current level.
M/I Homes' revenues are expected to be $1.09 billion, down 3.3% from the year-ago quarter.
KB Home (KBH - Free Report) reported $1.3 billion in revenue for the quarter ended August 2026, representing a year-over-year decline of 20%. EPS of $1.05 for the same period compares to $1.61 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.29 billion, representing a surprise of +0.42%. The company delivered an EPS surprise of +19.32%, with the consensus EPS estimate being $0.88.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how KB Home performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Ending community count: 277 versus 273 estimated by three analysts on average.Backlog - Homes - Total: 4,398 compared to the 4,604 average estimate based on three analysts.Homes delivered - Total: 2,732 versus the three-analyst average estimate of 2,723.Net orders - Total: 2,604 compared to the 2,800 average estimate based on three analysts.Average selling price: $473 million versus the two-analyst average estimate of $469.85 million.Backlog - Value - Total: $2.05 billion versus $2.14 billion estimated by two analysts on average.Average community count: 279 versus 276 estimated by two analysts on average.Total Revenues- Homebuilding- Housing: $1.29 billion compared to the $1.28 billion average estimate based on four analysts. The reported number represents a change of -19.9% year over year.Total Revenues- Financial services: $4.75 million versus the four-analyst average estimate of $5.67 million. The reported number represents a year-over-year change of -21%.Total Revenues- Homebuilding: $1.29 billion versus the four-analyst average estimate of $1.28 billion. The reported number represents a year-over-year change of -20%.Homebuilding pretax income: $73.8 million compared to the $60.51 million average estimate based on three analysts.Financial services pretax income: $7.38 million versus the three-analyst average estimate of $7.18 million.View all Key Company Metrics for KB Home here>>>
Shares of KB Home have returned -14% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
Why KB Home Could Reward Patient Investors LaterKB Home NYSE: KBH reported third-quarter fiscal 2026 results that met or exceeded its guidance despite what executives described as a more difficult housing environment marked by rising mortgage rates, affordability pressures, higher resale inventory and cautious consumers.
The homebuilder generated $1.3 billion in housing revenues, net income of $65 million and diluted earnings per share of $1.05 for the quarter ended Aug. 31. Housing revenues declined 20% from the prior-year quarter, primarily because deliveries fell 19% to 2,732 homes. The company’s average selling price was $473,000, compared with approximately $476,000 in the prior-year period.
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KB Home's Earnings Slump Puts Dividends and Buybacks at RiskExecutive Chairman Jeff Mezger said the market had weakened since KB Home’s June earnings call, citing persistent inflation, higher fuel prices, the Federal Reserve’s recent rate increase, geopolitical uncertainty and increasing resale-home competition. He said resale inventory had reached its highest level in a decade and prices were beginning to decline in more markets.
Built-to-order mix supports sequential margin improvement President and Chief Executive Officer Rob McGibney said KB Home’s built-to-order model helped the company manage demand softness by allowing it to sell homes before beginning vertical construction. Built-to-order homes represented 74% of third-quarter deliveries, up from 60% in the second quarter and above the company’s target for returning to a predominantly built-to-order business.
Homebuilding Headwinds Putting These 3 Stocks Under PressureThe higher built-to-order mix contributed to sequential gross-margin improvement. Housing gross profit margin was 16.5%, compared with 18.2% a year earlier. Excluding inventory-related charges, adjusted housing gross profit margin was 16.8%, up from 15.7% in the second quarter but down from 18.9% in the prior-year quarter.
McGibney said the company’s unsold inventory was 26% of production, down from 41% a year earlier, while finished unsold homes were 9% of production, compared with 16% a year ago. KB Home also had roughly 1,100 homes sold but not yet started at quarter-end.
The company’s build-to-order homes averaged 99 days from start to completion, an improvement of 23 days, or 19%, from the prior year. KB Home is working toward a 90-day construction-cycle target, McGibney said.
KBHS Home Loans, the company’s mortgage joint venture, captured 85% of third-quarter buyers. The average customer had a 16% cash down payment, or about $76,000, household income of approximately $134,000 and an average FICO score of 742. About 8% of third-quarter deliveries were purchased with cash.
Fourth-quarter outlook moderated While KB Home maintained its full-year delivery, housing-revenue and margin outlooks largely within its previous ranges, executives lowered their expectations for fourth-quarter average selling price and gross margin.
The company expects fourth-quarter deliveries of 3,000 to 3,500 homes and housing revenues of $1.45 billion to $1.65 billion. Its full-year delivery outlook remains 10,500 to 11,000 homes, while full-year housing revenue guidance was narrowed to $4.9 billion to $5.1 billion.
The midpoint of the fourth-quarter revenue outlook implies an average selling price of approximately $480,000, down from roughly $500,000 implied by the company’s previous guidance. McGibney said the revision was principally related to Southern California, where slower third-quarter sales reduced the number of higher-priced homes expected to close in the fourth quarter and where the delivery mix shifted from prior expectations.
Northern California continued to perform as anticipated, according to management, and its projected fourth-quarter average selling price increased modestly since June. McGibney told analysts the company expects Northern California’s contribution to continue building for several more quarters as additional communities open.
KB Home now expects fourth-quarter housing gross profit margin of 16% to 16.6%, excluding inventory charges, and full-year margin of 16% to 16.2%. Senior Vice President and Chief Accounting Officer Bill Hollinger said the fourth-quarter margin outlook reflects pricing pressure, somewhat higher direct and land costs, and product and geographic mix, including a smaller-than-anticipated contribution from higher-margin West Coast communities.
Management said direct costs for homes started during the third quarter were lower both sequentially and year over year, but costs increased later in the quarter because of fuel, inflation and tariffs. Those later cost increases are expected to affect fourth-quarter deliveries. McGibney said labor availability had generally not been a major issue because housing starts have declined across most markets.
Land investment and shareholder returns KB Home invested nearly $725 million in land acquisition and development during the quarter while also returning more than $65 million to shareholders through repurchases and dividends. The company repurchased about 890,000 shares, or roughly 1.5% of shares outstanding, at an average price below book value per share.
Mezger said KB Home’s book value per share exceeded $62 at quarter-end. Over the past five years, the company has returned more than $2.1 billion to shareholders through repurchases and dividends and reduced its share count by more than one-third, he said. The company plans up to $50 million in additional repurchases during the fourth quarter.
Inventory increased 5% from the beginning of the fiscal year to $6 billion, and KB Home ended the quarter with more than 61,000 owned or controlled lots. Cash totaled $159 million, while total liquidity was $942 million, including $783 million available under its unsecured credit facility. Its debt-to-capital ratio was 35.7%, compared with 33.2% a year earlier.
KB Home expects to finish fiscal 2026 with 270 to 275 communities, including about 115 new openings during the year and a similar number of sellouts. Management highlighted new Las Vegas Valley communities, including Meriden in Henderson and Sandstone in North Las Vegas, where the company had built an interest list of more than 300 prospective buyers before opening.
Looking toward fiscal 2027, McGibney said KB Home expects to begin with a higher backlog than it had entering fiscal 2026. However, management did not provide formal 2027 guidance, citing volatile market conditions and its focus on completing the current year.
About KB Home (NYSE:KBH)KB Home NYSE: KBH is a homebuilding company that designs, constructs and sells residential properties in the United States. Its offerings primarily include single-family homes, with communities and floor plans intended for first-time buyers, move-up buyers and other owner-occupants. The company also provides homebuyers with opportunities to personalize selected features and finishes through its build-to-order approach.
The company operates in several major housing markets across the United States, including locations in Arizona, California, Colorado, Florida, Idaho, Nevada, North Carolina, South Carolina, Texas and Washington.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Revenues of $1.30 Billion; Diluted Earnings Per Share of $1.05 Repurchased $50.0 Million of Common Stock LOS ANGELES, Sept. 22, 2026 /PRNewswire/ -- KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2026.
KB Home (NYSE:KBH) reported financial results for the third quarter after the market close on Tuesday. Here’s a rundown of the U.S. homebuilder’s report.
KB Home stock is moving higher. Where are KBH shares going? KB Home Q3 Earnings HighlightsKB Home reported third-quarter revenue of $1.297 billion, beating analyst estimates of $1.294 billion, according to Benzinga Pro. The company reported third-quarter earnings of $1.05 per share, beating estimates of 89 cents per share.
KB Home delivered 2,732 homes in the quarter, down 19% on a year-over-year basis. The average selling price declined to $473,000 from $475,700, and net orders fell 12% year-over-year to 2,604. Ending backlog value increased for the first time in four years, with homes in backlog up 2% to 4,398 and backlog value up 3% to $2.05 billion.
KB Home said it repurchased approximately $50 million of its common stock during the quarter. The company ended the period with $159 million of total cash and cash equivalents and $942.4 million of total liquidity.
“We are operating in a housing market that continues to be challenging, with conditions weakening since our June earnings report. Higher mortgage interest rates have further pressured affordability and, together with geopolitical uncertainty and broader economic headwinds, have caused many prospective buyers to be more cautious on purchasing a home,” said Jeffrey Mezger, executive chairman of KB Home.
“Against this backdrop, we produced third-quarter financial results that reflected solid sequential improvement.”
KB Home expects $1.45 billion to $1.65 billion in housing revenue in the fourth quarter. The company also guided for full-year 2026 housing revenue of $4.90 billion to $5.10 billion.
KB Home management will further discuss the quarter on an earnings call with investors and analysts at 5 p.m. ET.
KBH Shares Climb After The BellKBH Price Action: KB Home shares were up 1.87% in after-hours on Tuesday, trading at $49.50 at the time of publication, according to Benzinga Pro.
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KB Home (KBH) has been an underperformer even in a sector that has struggled in recent months, according to Rick Ducat. He compares the stock to its peers just ahead of the company's earnings following Tuesday's close.
Wall Street has plenty to keep investors busy this week, even with a relatively quiet U.S. economic calendar.
The focus shifts from economic data to geopolitics, interest rates and corporate events, with President Donald Trump set to host Chinese President Xi Jinping at the White House on Thursday in the week's biggest potential market catalyst.
Trade and tariffs are expected to dominate the agenda, along with Taiwan and artificial intelligence. Investors will also be watching for any announcements on Chinese purchases of U.S. goods, including Boeing aircraft, as Washington and Beijing look to manage tensions between the world's two largest economies.
The meeting comes as markets remain sensitive to interest rates and bond yields following last week's Federal Reserve decision. The Fed raised rates by 25 basis points, while Chair Kevin Warsh signalled that policymakers remain concerned about inflation and see scope for further tightening.
That puts a busy slate of Fed speakers in the spotlight. Chicago Fed President Austan Goolsbee speaks Monday, followed Tuesday by Vice Chairs Philip Jefferson and John Williams at a New York Fed conference focused on Treasury markets. Governor Michael Barr speaks Wednesday, while Richmond's Thomas Barkin, Cleveland's Beth Hammack and Philadelphia's Paulson are scheduled for Thursday and Friday.
Investors will be listening for clues about how much more tightening officials expect and how they view the risks around inflation and growth.
"Financial markets are in a strange position as we move to the final weeks of Q3," said Kathleen Brooks, research director at XTB, pointing to continued uncertainty and volatility. She noted that market stress has been concentrated in sovereign bonds, with U.S. and European yields moving higher late last week even as oil prices fell.
Treasury markets have another test Wednesday when the department conducts its second long-end buyback in the 20- to 30-year sector since increasing the size of the program. The amount purchased and breadth of accepted offers will be closely watched.
The economic calendar is lighter. New home sales arrive Thursday, with Wells Fargo expecting August sales to rise 2.6% to a 623,000 annualized pace after a sharp July decline. Durable goods orders and the University of Michigan consumer sentiment survey follow Friday.
That leaves corporate news with more room to drive trading.
Meta Platforms kicks off its two-day Connect event Wednesday, with investors looking for updates on AI, AI-powered glasses and virtual and mixed reality. McDonald's also holds an investor day the same day.
Earnings will build toward Thursday's Costco results, the week's most closely watched corporate release. Darden Restaurants, Cintas, Paychex and General Mills are also on deck, while AutoZone, KB Home (NYSE:KBH), Cracker Barrel and BlackBerry round out the notable reports.
With the third quarter nearing its end, investors have a lot to digest, but the big question may be whether politics, bonds or corporate results provide the next spark for markets.
Key Takeaways KBH fiscal third-quarter housing revenues are expected to be $1.2B-$1.35B, down from $1.61B a year ago.KBH expects adjusted housing gross margin of 16-16.6%, down from 18.9% in the year-ago quarter.KBH expects backlog to grow sequentially and return to year-over-year growth in the fiscal third quarter. KB Home (KBH - Free Report) is slated to report its third-quarter fiscal 2026 (ended Aug. 31) results on Sept. 22, after market close.
In the last reported quarter, its adjusted earnings per share (EPS) met the Zacks Consensus Estimate and decreased 71.3% year over year. Total revenues beat the Zacks Consensus Estimate by 2%, but declined 27% year over year.
KBH’s earnings topped the consensus mark in two of the last four quarters and met on the remaining two occasions, with an average surprise of 3.7%.
How Are KBH’s Estimates Placed?For the fiscal third quarter, the Zacks Consensus Estimate for adjusted EPS has remained unchanged at 88 cents over the past 30 days. The projected figure indicates a 45.3% decline from the year-ago quarter’s earnings of $1.61 per share.
The consensus estimate for total revenues is pegged at $1.29 billion, indicating a decline of 20.2% from the prior-year quarter’s level.
Factors Likely to Have Shaped KB Home’s Q3 PerformanceRevenuesKB Home’s fiscal third-quarter top line is likely to have declined year over year, reflecting lower home deliveries and average selling price (“ASP”) of deliveries. Affordability concerns, elevated mortgage rates, cautious consumer sentiment and recent geopolitical uncertainty are likely to have continued weighing on housing demand. At the same time, the company’s return to a predominantly built-to-order model, higher community count and shorter build times are likely to have supported delivery activity during the quarter.
Due to the ongoing market pressures, the company expects housing revenues in the fiscal third quarter to range within $1.2-$1.35 billion, down from $1.61 billion reported a year ago. KBH expects home deliveries between 2,600 and 2,800 during the quarter, indicating a decline from 3,393 units delivered in the year-ago quarter.
Our Zacks model predicts ASP on home deliveries to be down 1.3% to $469,700. We expect home deliveries to be down 19.4% year over year to 2,736 homes.
MarginsKB Home’s fiscal third-quarter margins are likely to have remained under pressure from pricing pressure, higher relative land costs and lower operating leverage. Material cost pressures, particularly from lumber, are also likely to have weighed on profitability. However, the higher mix of built-to-order deliveries and better operating leverage are expected to have provided some support to margins during the quarter.
KB Home expects adjusted housing gross margin in the range of 16-16.6%, significantly down from 18.9% reported in the year-ago quarter. Our model projects adjusted housing gross margin and homebuilding adjusted operating margin to be 16.3% and 4.9%, respectively, indicating year-over-year declines of 260 basis points (bps) and 390 bps.
KBH expects selling, general & administrative expenses, as a percentage of housing revenues, to be between 11.3% and 11.9%, compared with 10.7% in the year-ago quarter. The company expects the SG&A ratio to improve sequentially in the second half of the year, mainly due to increased volume and higher revenues. Our model expects the metric to increase 130 bps year over year to 11.3% in the fiscal third quarter, while declining 140 bps sequentially.
Orders & BacklogOrder activity in the fiscal third quarter is likely to have reflected cautious buyer behavior amid affordability pressures and mortgage rate uncertainty. Still, KB Home reported a steady order pace entering the quarter, while the built-to-order mix has been rising as a percentage of orders. The company also expected backlog to grow sequentially and return to year-over-year growth in the fiscal third quarter.
Keeping these factors in mind, we expect new orders to decrease 3.6% to 2,843 units on a year-over-year basis. However, the backlog is expected to be 4,633 units, implying 6.9% growth from 4,333 units reported in the prior year.
What Our Model Indicates for KBHOur proven model does not predict an earnings beat for KB Home this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case this time around.
KBH’s Earnings ESP: The company has an Earnings ESP of -5.32%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
KBH’s Zacks Rank: The stock currently has a Zacks Rank #5 (Strong Sell).
Stocks With the Favorable CombinationHere are some companies in the Zacks Construction sector that, per our model, have the right combination of elements to post an earnings beat in the respective quarters to be reported.
Comfort Systems USA, Inc. (FIX - Free Report) currently has an Earnings ESP of +4.37% and a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The company’s earnings beat estimates in each of the last four quarters, the average surprise being 34.6%. Comfort Systems’ earnings for the third quarter of 2026 are expected to grow 50.6%.
Primoris Services Corporation (PRIM - Free Report) has an Earnings ESP of +10.45% and a Zacks Rank of 3 at present.
The company's earnings beat estimates in three of the last four quarters and missed on the remaining occasion, with the average surprise being 11.4%. Primoris’ earnings for the third quarter of 2026 are expected to decline 61.7%.
Quanta Services, Inc. (PWR - Free Report) currently has an Earnings ESP of +3.45% and a Zacks Rank of 1.
The company’s earnings have topped in each of the trailing four quarters, the average surprise being 17%. Quanta’s earnings for the third quarter of 2026 are expected to grow 47.2%.
Wall Street analysts expect KB Home (KBH - Free Report) to post quarterly earnings of $0.88 per share in its upcoming report, which indicates a year-over-year decline of 45.3%. Revenues are expected to be $1.29 billion, down 20.2% from the year-ago quarter.
Over the last 30 days, there has been a downward revision of 2.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific KB Home metrics that are routinely monitored and predicted by Wall Street analysts.
It is projected by analysts that the 'Total Revenues- Homebuilding- Housing' will reach $1.28 billion. The estimate indicates a change of -20.4% from the prior-year quarter.
Based on the collective assessment of analysts, 'Total Revenues- Financial services' should arrive at $5.68 million. The estimate points to a change of -5.6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Total Revenues- Homebuilding' will likely reach $1.29 billion. The estimate indicates a change of -20.4% from the prior-year quarter.
According to the collective judgment of analysts, 'Ending community count' should come in at 273 . The estimate compares to the year-ago value of 264 .
The consensus among analysts is that 'Backlog - Homes - Total' will reach 4,604 . The estimate is in contrast to the year-ago figure of 4,333 .
The average prediction of analysts places 'Homes delivered - Total' at 2,723 . Compared to the current estimate, the company reported 3,393 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Net orders - Total' of 2,800 . Compared to the current estimate, the company reported 2,950 in the same quarter of the previous year.
The consensus estimate for 'Average selling price' stands at $470.94 million. The estimate is in contrast to the year-ago figure of $487.50 million.
Analysts' assessment points toward 'Backlog - Value - Total' reaching $2.14 billion. Compared to the present estimate, the company reported $1.99 billion in the same quarter last year.
Analysts forecast 'Average community count' to reach 276 . The estimate is in contrast to the year-ago figure of 259 .
Analysts predict that the 'Homebuilding pretax income' will reach $60.61 million. Compared to the current estimate, the company reported $134.54 million in the same quarter of the previous year.
Analysts expect 'Financial services pretax income' to come in at $7.18 million. Compared to the present estimate, the company reported $8.69 million in the same quarter last year.
View all Key Company Metrics for KB Home here>>>
Shares of KB Home have experienced a change of -13.7% in the past month compared to the -2.9% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), KBH is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
In the latest trading session, KB Home (KBH - Free Report) closed at $48.67, marking a -1.72% move from the previous day. This move lagged the S&P 500's daily loss of 0.45%. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 0.01%.
Coming into today, shares of the homebuilder had lost 8.25% in the past month. In that same time, the Construction sector lost 11.29%, while the S&P 500 lost 2.43%.
The upcoming earnings release of KB Home will be of great interest to investors. The company's earnings report is expected on September 22, 2026. The company is forecasted to report an EPS of $0.88, showcasing a 45.34% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.29 billion, indicating a 20.21% decline compared to the corresponding quarter of the prior year.
KBH's full-year Zacks Consensus Estimates are calling for earnings of $3.27 per share and revenue of $5.07 billion. These results would represent year-over-year changes of -49.85% and -18.65%, respectively.
Investors should also note any recent changes to analyst estimates for KB Home. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.74% decrease. KB Home currently has a Zacks Rank of #4 (Sell).
Looking at valuation, KB Home is presently trading at a Forward P/E ratio of 15.14. This signifies a premium in comparison to the average Forward P/E of 13.32 for its industry.
Meanwhile, KBH's PEG ratio is currently 2.56. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Building Products - Home Builders was holding an average PEG ratio of 2.56 at yesterday's closing price.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 208, putting it in the bottom 16% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
KB Home faces a likely earnings and revenue decline in its upcoming fiscal Q3 report, reflecting ongoing negative momentum. Recent quarters saw accelerating revenue drops, with Q2 2026 down 27% year-over-year and consensus expecting a 20% decline for Q3. Operating leverage and margin pressure mean EPS could fall 45%, though KBH has a history of beating consensus estimates.
KB Home (NYSE:KBH) will release earnings for its third-quarter after the closing bell on Tuesday, Sept. 22.
Analysts expect the company to report quarterly earnings of 90 cents per share, down from $1.61 per share in the year-ago period. The consensus estimate for KBH’s quarterly revenue is $1.30 billion. It reported $1.62 billion last year, according to Benzinga Pro.
Ahead of quarterly earnings, Wells Fargo analyst Sam Reid, on Friday, maintained KB Home with an Underweight rating and cut the price target from $52 to $50.
With the recent buzz around KB Home, some investors may be eyeing potential gains from the company’s dividends too. As of now, KB Home has an annual dividend yield of 2.02%, which is a quarterly dividend amount of 25 cents per share ($1.00 a year).
To figure out how to earn $500 monthly from KB Home, we start with the yearly target of $6,000 ($500 x 12 months).
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Next, we divide that amount by KBH’s $1.00 dividend: $6,000 / $1.00 = 6,000 shares.
So, an investor would need to own approximately $297,120 worth of KB Home, or 6,000 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.00 = 1,200 shares, or $59,424 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
KBH Price Action: Shares of KB Home fell 0.1% to close at $49.52 on Tuesday.
KB Home (NYSE:KBH) will release its third earnings report after the closing bell on Tuesday, Sept. 22.
Analysts expect the Los Angeles, California-based company to report quarterly earnings of 90 cents per share, down from $1.61 per share in the year-ago period. The consensus estimate for KB Home’s quarterly revenue is $1.3 billion. It reported $1.62 billion last year, according to Benzinga Pro.
On June 23, KB Home reported mixed second-quarter financial results.
KB Home shares gained 0.8% to close at $49.57 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Wells Fargo analyst Sam Reid maintained an Underweight rating and cut the price target from $52 to $50 on Sept. 11, 2026. This analyst has an accuracy rate of 59%. Barclays analyst Matthew Bouley maintained an Overweight rating and raised the price target from $56 to $57 on June 25, 2026. This analyst has an accuracy rate of 64%. RBC Capital analyst Mike Dahl maintained a Sector Perform rating with a price target of $53 on June 24, 2026. This analyst has an accuracy rate of 68%. UBS analyst John Lovallo maintained a Buy rating and increased the price target from $63 to $66 on June 24, 2026. This analyst has an accuracy rate of 61%. Evercore ISI Group analyst Stephen Kim maintained an In-Line rating and raised the price target from $51 to $54 on April 13, 2026. This analyst has an accuracy rate of 64%. Trending
Considering buying KBH stock? Here’s what analysts think:
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KB Home (KBH - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended August 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 22. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis homebuilder is expected to post quarterly earnings of $0.88 per share in its upcoming report, which represents a year-over-year change of -45.3%.
Revenues are expected to be $1.29 billion, down 20.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.18% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for KB Home?For KB Home, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -5.32%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that KB Home will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that KB Home would post earnings of $0.43 per share when it actually produced earnings of $0.43, delivering no surprise.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
KB Home doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
New community offers lake views, planned on-site amenities and easy access to top-rated schools and outdoor recreation.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Lakeside Bluffs, a new community offering personalized townhomes in Lake Stevens, Washington.
Lakeside Bluffs at a Glance:
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of Lakeside Bluffs, a new community offering personalized townhomes in Lake Stevens, Washington. Price: From the $490,000s Location: Lake Stevens, Washington, at the corner of South Lake Stevens Rd. and 15th St. Southeast Home type: Three-story townhomes Bedrooms/baths: Up to 4 bedrooms and 3.5 baths School district: Lake Stevens School District Amenities: Parks, walking trails, dog runs, a pickleball court and children's playground Lakeside Bluffs is close to Highway 9, Highway 2 and Interstate 5, which provide access to the area's major employment centers, including Paine Field and Boeing's Everett facility. The new community is close to shopping, dining and entertainment at Snohomish Station and Quil Ceda Village. Lakeside Bluffs is also minutes away from several family friendly parks, Centennial Trail and Lake Stevens for boating, fishing and swimming.
The homes at Lakeside Bluffs are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, two-car garages and ground-floor bedrooms or dens. Homebuyers can personalize their new home at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
"With Lakeside Bluffs, we're bringing a new-townhome community to a prime Lake Stevens location with lake views. The new community is walking distance to highly rated schools and close to boating, fishing and swimming at Lake Stevens," said, Ryan Kemp, President of KB Home's Seattle division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Lakeside Bluffs sales office and model homes are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
KB Home (KBH - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this homebuilder have returned -15.2% over the past month versus the Zacks S&P 500 composite's -2% change. The Zacks Building Products - Home Builders industry, to which KB Home belongs, has lost 8.6% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, KB Home is expected to post earnings of $0.88 per share, indicating a change of -45.3% from the year-ago quarter. The Zacks Consensus Estimate has changed -2.2% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $3.27 points to a change of -49.9% from the prior year. Over the last 30 days, this estimate has changed -0.7%.
For the next fiscal year, the consensus earnings estimate of $4.31 indicates a change of +31.9% from what KB Home is expected to report a year ago. Over the past month, the estimate has changed -2.7%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for KB Home.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For KB Home, the consensus sales estimate for the current quarter of $1.29 billion indicates a year-over-year change of -20.2%. For the current and next fiscal years, $5.07 billion and $5.35 billion estimates indicate -18.6% and +5.4% changes, respectively.
Last Reported Results and Surprise HistoryKB Home reported revenues of $1.11 billion in the last reported quarter, representing a year-over-year change of -27.3%. EPS of $0.43 for the same period compares with $1.5 a year ago.
Compared to the Zacks Consensus Estimate of $1.09 billion, the reported revenues represent a surprise of +2.03%. The EPS surprise was 0%.
Over the last four quarters, KB Home surpassed consensus EPS estimates two times. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
KB Home is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about KB Home. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
LOS ANGELES, Sept. 8, 2026 /PRNewswire/ -- KB Home (NYSE: KBH) today announced that it will release earnings for its third quarter ended August 31, 2026 after the market closes on Tuesday, September 22, 2026.
In the latest close session, KB Home (KBH - Free Report) was down 3.92% at $50.20. The stock fell short of the S&P 500, which registered a loss of 0.58% for the day. Meanwhile, the Dow experienced a drop of 1.18%, and the technology-dominated Nasdaq saw a decrease of 0.32%.
Prior to today's trading, shares of the homebuilder had lost 7.55% was narrower than the Construction sector's loss of 7.66% and lagged the S&P 500's loss of 0.36%.
The upcoming earnings release of KB Home will be of great interest to investors. The company is expected to report EPS of $0.88, down 45.34% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.29 billion, down 20.14% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.3 per share and revenue of $5.09 billion, which would represent changes of -49.39% and -18.37%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for KB Home. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. KB Home is currently a Zacks Rank #3 (Hold).
With respect to valuation, KB Home is currently being traded at a Forward P/E ratio of 15.85. This expresses a premium compared to the average Forward P/E of 13.59 of its industry.
We can also see that KBH currently has a PEG ratio of 2.68. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Building Products - Home Builders industry had an average PEG ratio of 2.68 as trading concluded yesterday.
The Building Products - Home Builders industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 92, positioning it in the top 38% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Master plan features four new communities affordably priced from the $300,000s and over 12 acres of planned on-site parks and trails.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of the first phase of Sandstone, the homebuilder's massive new master plan in North Las Vegas. This master plan spans nearly 300 acres, with four new communities and over 1,500 new homes within the Villages at Tule Springs. Sandstone also offers over 12 acres of planned on-site parks, an extensive trail system and a new trailhead with access to the Tule Springs Fossil Beds National Monument.
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of the first phase of Sandstone, the homebuilder’s massive new master plan in North Las Vegas.
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of the first phase of Sandstone, the homebuilder’s massive new master plan in North Las Vegas. "KB Home's new Sandstone master plan represents a significant investment in North Las Vegas and our future," said Scott Black, Mayor Pro Tem, City of North Las Vegas. "These new homes will help provide more attainable homeownership opportunities for years to come, while creating jobs, supporting local businesses and generating economic activity throughout our city."
Sandstone at Tule Springs at a Glance:
Price: From the $300,000s Amenities: Over 12 acres of planned parks, trails and trailheads, pickleball and basketball courts, horseshoe pits, ramadas, barbecue and picnic areas, children's playgrounds and a dog park Location: North Las Vegas, at the corner of North 5th Street and the Las Vegas Beltway (CC-215) Home type: One- and two-story, single-family homes (Landings and Reserves – now open); two-story townhomes (Meadows – coming soon); two-story, single-family homes (Gardens – coming soon) Bedrooms/baths: Up to 5 bedrooms and 5 baths School district: Clark County School District Sandstone at Tule Springs provides easy access to the Las Vegas Beltway (CC-215) and Interstates 11 and 15, which connect residents to Harry Reid International Airport and Las Vegas' major employment centers, including Nellis and Creech Air Force Bases. The new master plan is close to shopping, dining and entertainment at Deer Springs Crossing and Deer Springs Town Center. Outdoor enthusiasts will appreciate Sandstone's proximity to Tule Springs Fossil Beds National Monument, Shadow Creek Golf Course and Aliante Golf Club, as well as hiking, biking, skiing and snowboarding at Mount Charleston and Lee Canyon.
"With Sandstone, we're bringing more than 1,500 new homes to a beautiful North Las Vegas location. As the largest new-home community we've developed in the past 10 years and the first phase of an exciting new master plan, Sandstone presents an opportunity for attainable homeownership in a highly desirable setting," said Jim McDade, President of KB Home's Las Vegas division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
The homes at Sandstone are designed for contemporary living, with modern kitchens overlooking spacious great rooms, expansive bedroom suites with walk-in closets, and ample storage space. Homebuyers can personalize their new home at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
Meadows and Gardens at Sandstone at Tule Springs are currently under construction, while the Landings and Reserves sales offices and model homes are open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
Jupiter Topco LLC acquired a new position in KB Home (NYSE: KBH) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 28,624 shares of the construction company's stock, valued at approximately $1,791,000. A number of other hedge funds and other
In the latest close session, KB Home (KBH - Free Report) was down 2.84% at $53.30. The stock's change was less than the S&P 500's daily loss of 0.33%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq lost 0.12%.
Coming into today, shares of the homebuilder had lost 0.2% in the past month. In that same time, the Construction sector lost 4.75%, while the S&P 500 gained 3.87%.
Analysts and investors alike will be keeping a close eye on the performance of KB Home in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.88, signifying a 45.34% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.29 billion, indicating a 20.14% decrease compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.3 per share and revenue of $5.09 billion. These totals would mark changes of -49.39% and -18.37%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for KB Home. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. KB Home is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, KB Home is currently trading at a Forward P/E ratio of 16.65. Its industry sports an average Forward P/E of 14.35, so one might conclude that KB Home is trading at a premium comparatively.
Also, we should mention that KBH has a PEG ratio of 9.1. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Building Products - Home Builders industry was having an average PEG ratio of 2.9.
The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 92, which puts it in the top 38% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow KBH in the coming trading sessions, be sure to utilize Zacks.com.
KB Home (KBH - Free Report) ended the recent trading session at $57.11, demonstrating a +2.64% change from the preceding day's closing price. This change outpaced the S&P 500's 0.32% gain on the day. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 0.66%.
Prior to today's trading, shares of the homebuilder had lost 3.44% was narrower than the Construction sector's loss of 3.91% and lagged the S&P 500's gain of 3.34%.
Market participants will be closely following the financial results of KB Home in its upcoming release. The company's earnings per share (EPS) are projected to be $0.88, reflecting a 45.34% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.29 billion, down 20.14% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.3 per share and revenue of $5.09 billion, indicating changes of -49.39% and -18.37%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for KB Home. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, KB Home boasts a Zacks Rank of #3 (Hold).
In the context of valuation, KB Home is at present trading with a Forward P/E ratio of 16.88. This signifies a premium in comparison to the average Forward P/E of 14.64 for its industry.
We can also see that KBH currently has a PEG ratio of 9.23. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Building Products - Home Builders stocks are, on average, holding a PEG ratio of 2.96 based on yesterday's closing prices.
The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 103, this industry ranks in the top 42% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
National homebuilder taps company veteran to lead its Tampa-area operations.
, /PRNewswire/ -- KB Home (NYSE: KBH) today announced that Casey Dare has been named as its Tampa Division President. In this role, Dare is responsible for the company's homebuilding operations throughout the region, from land acquisition and construction to sales and customer service.
Casey Dare, Division President, KB Home Tampa Dare brings more than 20 years of homebuilding experience and 10 years of service with KB Home. He has served many roles with the company, including superintendent, customer service manager, director of customer service and operations, senior vice president of operations, and most recently, executive vice president for the Orlando division. He holds a bachelor's degree in psychology from Middle Tennessee State University and a Master of Business Administration from Georgia Southern University. Dare also served as an active-duty officer in the United States Army for 8 years.
"Casey brings an exceptional depth and breadth of experience to our Tampa division, executing on KB Home's distinctive customer-centric business model," said Vince DePorre, KB Home's East Region President. "We are excited to have him extend his outstanding career at KB Home by leading the strategic growth of our Tampa operations."
KB Home has been building in the Tampa region since 2002 and continues to expand its presence across the market. Most recently, the company plans to open four new single-family home communities this year: Morningside, Woodland Oaks, Deer Springs and Meade Estates. For more information about KB Home neighborhoods throughout the Tampa region, visit www.kbhome.com or call 888-KB-HOMES.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Cara Kane, KB Home
321-299-6844 or
[email protected]
KB Home (KBH - Free Report) closed the most recent trading day at $55.44, moving -1.11% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.52%. Meanwhile, the Dow experienced a drop of 0.51%, and the technology-dominated Nasdaq saw a decrease of 0.32%.
Coming into today, shares of the homebuilder had lost 0.07% in the past month. In that same time, the Construction sector lost 0.24%, while the S&P 500 gained 3.3%.
Analysts and investors alike will be keeping a close eye on the performance of KB Home in its upcoming earnings disclosure. In that report, analysts expect KB Home to post earnings of $0.88 per share. This would mark a year-over-year decline of 45.34%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.29 billion, down 20.14% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.3 per share and a revenue of $5.09 billion, indicating changes of -49.39% and -18.37%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for KB Home. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, KB Home possesses a Zacks Rank of #3 (Hold).
In terms of valuation, KB Home is presently being traded at a Forward P/E ratio of 17.01. This valuation marks a premium compared to its industry average Forward P/E of 14.75.
It's also important to note that KBH currently trades at a PEG ratio of 9.3. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Building Products - Home Builders industry currently had an average PEG ratio of 2.91 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 156, which puts it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
New community with resort-style amenities and walking distance to schools is now open for tours.
, /PRNewswire/ -- KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the opening of Brighton Crossings, a new-home community in Brighton, Colorado.
Brighton Crossings at a Glance:
KB Home, one of the largest and most trusted homebuilders in the U.S., today announced the opening of Brighton Crossings, a new-home community in Brighton, Colorado.
Price: From the $460,000s
Location: Brighton, Colorado, at the corner of Longs Peak Street and North Golden Eagle Parkway near Interstate 76
Home type: One- and two-story, single-family detached homes
Bedrooms/baths: Up to 6 bedrooms and 3 baths
School district: Brighton School District 27J
Amenities: Resident access to resort-style splash pad, community and fitness center, event space, lounge, pools, parks, sports courts and playgrounds
Brighton Crossings is in an ideal location that provides convenient access to Interstate 76, E-470 and Denver's major employment centers. The new community is a short drive to downtown Brighton, which offers a farmers' market, shopping, dining and entertainment. Outdoor enthusiasts will also appreciate the proximity to Barr Lake State Park for wildlife viewing, hiking, biking and boating.
The homes at Brighton Crossings are designed for contemporary living, with modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. Homebuyers can personalize their new home, from floor plan and exterior style to where they live in the community, and then bring their vision to life at the KB Home Design Studio, where they can select from a wide range of interior design choices that fit their style and budget.
"With Brighton Crossings, we're bringing beautiful new homes to a sought-after master plan in Brighton, Colorado. Homeowners will appreciate the community's resort-style amenities, which include a splash pad, community and fitness center, lounge, pools, parks, sports courts and playgrounds," said Kevin McAndrews, President of KB Home's Colorado division. "At KB Home, we focus on creating value through competitive, transparent pricing and giving buyers the ability to personalize their home based on what matters most to them. We put them in control, so they're not paying for features they don't value or compromising on ones they do."
KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are designed to be ENERGY STAR® certified, a standard that fewer than 12% of new homes nationwide meet, offering greater comfort, well-being and utility cost savings compared to new homes without certification.
The Brighton Crossings sales office and model home are now open for walk-in visits and private in-person tours by appointment. Live video tours are also available. For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.
About KB Home
KB Home is one of the largest and most trusted homebuilders in the U.S. We operate in 50 markets, have built over 700,000 quality homes in our nearly 70-year history, and are honored to be one of the top customer-ranked national homebuilders based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.
For Further Information:
Craig LeMessurier, KB Home
925-580-1583
[email protected]
