Raymond James has downgraded KB Home (KBH) to Market Perform from Outperform as of December 23, 2025. The stock is currently priced at $57.42.
This move underscores a shift in sentiment regarding KB Home's outlook, potentially reflecting concerns about competitive pressures and market conditions that could affect the company's performance.
KB Home, headquartered in Los Angeles, California, engages in selling and building a variety of new homes. The company operates in the consumer products industry and employs 2,384 full-time employees. Its segments include homebuilding and financial services, with the former focused on land acquisition and development for residential purposes. The latter offers insurance products and mortgage banking services to homebuyers through KBHS Home Loans, LLC, a joint venture.
As of November 18, 2025, KB Home's market capitalization stands at $3.8 billion, with a P/E ratio of 7.31 and earnings per share (EPS) of 7.17. The company also boasts a dividend yield of 170.8%. Upcoming earnings are scheduled for June 22, 2026, with an estimated EPS of $0.94 and revenue of $1.3 billion.
Analyst consensus indicates a Hold rating, with 1 Strong Buy, 5 Buy, 12 Hold, 1 Sell, and 1 Strong Sell among 20 total ratings. Recent actions include a downgrade by Raymond James and a maintenance of ratings by Keefe, Bruyette & Woods and others, reflecting a cautious approach as market dynamics evolve.