Company Performance - KB Home's stock closed at $70.03, reflecting a +1.82% increase from the previous day, outperforming the S&P 500's gain of 1.03% [1] - Over the past month, KB Home's stock has risen by 2.11%, contrasting with a 3.66% loss in the Construction sector and a 1.57% loss in the S&P 500 [1] - Analysts expect KB Home to report earnings of $1.79 per share, a year-over-year decline of 7.73%, with projected quarterly revenue of $1.64 billion, down 7.1% from the previous year [1] Earnings Estimates - For the full year, Zacks Consensus Estimates project earnings of $8.01 per share and revenue of $6.77 billion, representing increases of +13.94% and +5.55% respectively from the prior year [1] - Recent revisions to analyst forecasts for KB Home indicate a positive shift, with the Zacks Consensus EPS estimate increasing by 1.15% over the past month [2] Valuation Metrics - KB Home is currently trading at a Forward P/E ratio of 8.59, which is lower than the industry's average Forward P/E of 9.05 [3] - The company has a PEG ratio of 0.78, compared to the average PEG ratio of 0.81 for the Building Products - Home Builders industry [3] - The Building Products - Home Builders industry holds a Zacks Industry Rank of 15, placing it in the top 6% of over 250 industries [3]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

In a bid to reward shareholders, KB Home (KBH) announced a 25% increase in its quarterly dividend and unveiled a new $1-billion share repurchase authorization. This replaces a previous authorization, which had $113.6 million remaining.KB Home intends to continue its share repurchases in 2024 in an estimated range of $200-$400 million for the full year, including $50 million of share repurchases completed during the first quarter.KBH increased its quarterly dividend to 25 cents per share (or $1 annually) fro ...

KB Home (KBH) has been beaten down lately with too much selling pressure. While the stock has lost 12.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measu ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended February 29, 2024. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from [ ] to [ ]. Commission File No. 001-09195 KB HOME (Exact name of registrant as specified in its charter) Delaware 95-3666267 (State of incorporation) (IRS employer ...

sl-f/iStock via Getty ImagesOverview My recommendation for KB Home (NYSE:KBH) is a buy rating, as I expect KBH to see strong revenue growth acceleration in FY24 vs. FY23, given a solid demand environment and an improving customer credit score. The improving operating conditions should also lead to margin expansion, driving elevated EBITDA growth. Put together, these should eventually push the market to value KBH at a higher multiple. Business KBH builds single-family homes for the US population that is ...

KB Home (KBH) is benefiting from improved housing demand trends and reduced cancellation rates, showcasing an increase in homes delivered and net new orders growth. The improving trends are further backed by the company’s implementation of the Build-to-Order approach, accompanied with land buyout initiatives.Shares of this Zacks Rank #2 (Buy) company have risen 54.5% in the past six months, outperforming the Zacks Building Products - Home Builders industry’s 53.1% growth.The Zacks Consensus Estimate for the ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, inc ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Gr ...