Oppenheimer has initiated coverage on KB Home (KBH) with a Perform rating, marking the firm's first assessment of the company's investment potential. This rating comes as KB Home operates within the consumer products sector, focusing on the sale and construction of new homes. The company, headquartered in Los Angeles, California, employs 2,384 full-time staff and offers homes in various development communities as well as urban in-fill locations.
Currently, KB Home holds a market capitalization of $3.8 billion, with a trailing twelve-month price-to-earnings ratio of 7.31 and earnings per share (EPS) of 7.17. The firm also boasts a remarkable dividend yield of 170.8%. Upcoming earnings are anticipated on June 22, 2026, with an estimated EPS of $1.32 and revenue of $1.4 billion. This update provides insight into Oppenheimer's perspective on the company amidst a competitive housing market.
Analyst ratings and price targets serve as professional opinions based on extensive research and financial modeling. While these insights can offer valuable context, they are built on assumptions that may not always materialize. Investors should consider a range of factors, including company fundamentals and market dynamics, when making decisions. Furthermore, analyst views can evolve as new information becomes available, reflecting the fluid nature of market assessments.