KB Home (KBH) Stock Price & Analysis
KB Home (KBH) closed at USD 46.19 on Thursday, October 22, 2026, up 7.39% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 43.01; the Oct 22, 2026 session ranged USD 42.99–46.28 on volume of 1,916,507 shares. Market capitalization is $2.81B, with a 52-week range of USD 40.92–67.57 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:19 UTC.
Also available as compact Markdown for AI agents: nexqual.com/KBH.md
Key facts (KBH)
- Last four reported quarters (through Aug 31, 2026): revenue $5.18B, net income $228M (4.4% margin), free cash flow $28.7M (SEC filings).
- Valuation: P/E 12.3x (avg 9.2x at the last 3 fiscal year-ends).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $17.9M; 4 not under a Rule 10b5-1 plan ($17.9M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.94 on a 1–5 scale) (17 analysts), mean target USD 51.14 (range 39–70).
- Total return with dividends: 1Y -25.4% vs S&P 500 +14.9%; 5Y +21.8% vs S&P 500 +80.3%.
- Next earnings: 2026-12-17, EPS estimate USD 1.21, revenue estimate $1.56B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (KBH)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.72B | $6.90B | $6.41B | $6.93B | $6.24B | $5.18B |
| Net income | $565M | $817M | $590M | $655M | $429M | $228M |
| EPS (diluted) | $6.01 | $9.09 | $7.03 | $8.45 | $6.15 | — |
| Free cash flow | -$76.7M | $138M | $1.05B | $323M | $287M | $28.7M |
| Net margin | 9.9% | 11.8% | 9.2% | 9.5% | 6.9% | 4.4% |
| Revenue growth | +36.9% | +20.6% | -7.1% | +8.1% | -10.0% | — |
| Cash + short-term investments | $292M | $330M | $727M | $599M | $230M | — |
Fiscal years end Nov. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Aug 31, 2026) (KBH)
P/E 12.3x · P/S 0.5x · P/FCF 97.9x · P/B 0.7x · FCF yield 1.02% · Earnings yield 8.11% · Dividend yield (paid, TTM) 2.26% · Buyback yield (TTM) 10.08%
P/E at fiscal year-ends: Nov 2025 10.4x, Nov 2024 9.7x, Nov 2023 7.4x.
Insider sales (SEC Form 4, open-market, last ~7 months) (KBH)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-06 | Collins Arthur Reginald | Director | 4,000 | $228K | 30.4% | No | Too little history (no open-market trades in 2023) |
| 2026-08-05 | Praw Albert Z | EVP, Real Estate & Bus. Dev. | 22,015 | $1.3M | 17.5% | No | Too little history (no open-market trades in 2023) |
| 2026-07-13…2026-07-15 | Mezger Jeffrey T | Executive Chairman | 274,952 | $15.2M | 12.7% | No | Too little history (no open-market trades in 2025) |
| 2026-07-13 | McGibney Robert V. | President and CEO | 20,621 | $1.1M | 9.9% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (KBH)
Consensus Hold (mean 2.94 on a 1–5 scale), 17 analysts; mean target USD 51.14 (low 39, high 70).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | Wells Fargo | Target lowered | Underweight | $50 → $42 |
| 2026-10-16 | StoneX | Initiated | Hold | |
| 2026-10-15 | RBC Capital | Target lowered | Sector Perform | $50 → $47 |
| 2026-10-06 | Melius Research | Initiated | Sell | $43 |
| 2026-10-05 | Keefe, Bruyette & Woods | Target lowered | Market Perform | $65 → $54 |
| 2026-10-01 | Morgan Stanley | Initiated | Underweight | $39 |
| 2026-09-23 | Truist Securities | Target lowered | Hold | $55 → $50 |
| 2026-09-23 | Evercore ISI Group | Target lowered | In-Line | $62 → $59 |
| 2026-09-23 | RBC Capital | Target lowered | Sector Perform | $53 → $50 |
| 2026-09-23 | Barclays | Target lowered | Overweight | $57 → $49 |
| 2026-09-23 | Citizens | Target lowered | Market Outperform | $77 → $70 |
| 2026-09-23 | B of A Securities | Target lowered | Neutral | $56 → $54 |
Total return (dividends reinvested) (KBH)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -25.4% | +21.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -25.5% | +4.0% |
| Volatility (annualized) | 39.0% | 38.8% |
| Max drawdown | -36.7% (Feb 2026→Oct 2026) | -48.9% (Sep 2024→Oct 2026) |
KBH revenue by product line (quarter ended Aug 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Homebuilding | $1.29B | 99.6% | -20.0% |
| Housing | $620.0M | 47.8% | -6.7% |
| Financial services | $4.8M | 0.4% | -21.0% |
| Total revenue | $1.30B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
KBH suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | GR Alliance Ventures | “We depend on third-party lenders, including GR Alliance Ventures, LLC ("GR Alliance"), a” |
Quoted from the company's 10-K filed Jan 23, 2026.
KBH analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Nov 2026) | $1.21 | $1.51 | -19.6% | $1.56B | 15 |
| Next quarter (ends Feb 2027) | $0.47 | $0.72 | -35.6% | $1.09B | 10 |
| Current fiscal year (ends Nov 2026) | $3.21 | $3.33 | -3.8% | $5.04B | 16 |
| Next fiscal year (ends Nov 2027) | $3.57 | $4.61 | -22.5% | $5.14B | 16 |
KBH options: expected move
Options price a move of about ±13.5% (±$6.25) by Dec 18, 2026, which includes earnings on Dec 17, 2026; the earnings reaction alone is priced at about ±4.3%. Over the last 8 reports the stock moved ±5.1% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 41.3% | ±9.4% |
| Dec 18, 2026 | 56 | 43.2% | ±13.5% |
| Jan 15, 2027 | 84 | 42.1% | ±16.0% |
| Mar 19, 2027 | 147 | 42.1% | ±20.9% |
| Apr 16, 2027 | 175 | 41.5% | ±22.5% |
| Jun 17, 2027 | 237 | 42.4% | ±26.2% |
| Sep 17, 2027 | 329 | 39.9% | ±28.7% |
30-day implied volatility 41.4% vs 36.7% realized over the last 30 trading days. Put/call ratio (volume) 1.48. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:19 UTC)
| Price | USD 46.19 |
|---|---|
| Change | ▲ 7.39% (up) |
| Previous Close | USD 43.01 |
| Open | USD 43.14 |
| Day Range | USD 42.99 – 46.28 |
| 52-Week Range | USD 40.92 – 67.57 |
| Volume | 1,916,507 shares |
| Market Cap | $2.81B |
| Exchange | NYQ |
Technical Analysis (KBH)
Nexqual's technical model rates KBH "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:19 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 51 (neutral) |
| vs SMA50 | Below (USD 49.04) |
| MACD | -1.51 (negative) |
Analyst Ratings (KBH)
Wall Street analysts rate KBH "Hold" based on 17 analysts, with a mean price target of USD 51.14 (range USD 39–70), per Nexqual as of October 23, 2026 at 09:19 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 51.14 |
| High Target | USD 70 |
| Low Target | USD 39 |
| Buy / Hold / Sell | 3 / 10 / 4 |
Earnings (KBH)
| Next Earnings Date | 2026-12-17 |
|---|---|
| EPS Estimate | USD 1.21 |
| Revenue Estimate | $1.56B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-08-31 | USD 1.05 vs est 0.9 ▲ beat |
| 2026-05-31 | USD 0.43 vs est 0.46 ▼ miss |
| 2026-02-28 | USD 0.52 vs est 0.54 ▼ miss |
| 2025-11-30 | USD 1.55 vs est 1.79 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:19 UTC.
Financials & Fundamentals (KBH)
| Total Revenue | $5.18B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -20.00% |
| Gross Margin | +17.11% |
| Operating Margin | +5.97% |
| Profit Margin | +4.39% |
| ROE | +5.91% |
| Debt / Equity | 0.56 |
| Current Ratio | 5.48 |
| Total Cash | $159.02M |
| Total Debt | $2.14B |
| Free Cash Flow (last four quarters to Aug 2026, SEC 10-Q / 10-K) | $28.66M (0.6% of revenue) |
Source: Nexqual, October 23, 2026 at 09:19 UTC.
Financial Health Score (KBH)
Nexqual rates KB Home's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:19 UTC.
| Growth | Critical — Revenue -10% YoY (annual), sharp decline |
|---|---|
| Profitability | Mixed — Gross margin 17%, operating 6% (last 12 months) |
| Balance Sheet | Strong — $159M cash vs $2.14B debt |
| Cash Flow | Mixed — FCF $29M (last 4 quarters to Aug 2026, SEC), slim 0.6% margin |
| Efficiency | Mixed — ROE 6%, ROA 2.7% |
Ownership (KBH)
| Insider Ownership | +4.41% |
|---|---|
| Institutional Ownership | +106.72% |
| Shares Outstanding | 60.76M |
| Float | 57.91M |
| Short % of Float | +26.23% |
Source: Nexqual, October 23, 2026 at 09:19 UTC.
Leadership (KBH)
KB Home is led by Robert V. McGibney, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:19 UTC.
| CEO, President & Director | Robert V. McGibney |
|---|---|
| Executive Chairman | Jeffrey T. Mezger |
| Executive Vice President of Real Estate & Business Development | Albert Z. Praw |
| Senior Vice President of Sustainability, Technology & Strategic Sourcing | Dan Bridleman |
| Senior Vice President of Investor Relations | Jill S. Peters |
Major Backers & Investors (KBH)
Notable institutional backers of KB Home include FMR, LLC, Capital Group, SmallCap World Fund Inc, according to Nexqual as of October 23, 2026 at 09:19 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 8.54% |
| Capital Group | 4.98% |
| SmallCap World Fund Inc | 4.85% |
| Fidelity | 4.14% |
| Two Sigma Investments, LP | 3.09% |
| Donald Smith & Co., Inc. | 2.86% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 16.26% |
| Vanguard Group | 9.77% |
| State Street | 5.83% |
| Dimensional Fund Advisors | 3.79% |
Source: Nexqual, October 23, 2026 at 09:19 UTC.
From KB Home's Latest SEC 10-K Filing (filed 2026-01-23)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe our approach differentiates us in the homebuilding industry and, along with our company culture that sustains it, enhances customer satisfaction.
- Our approach to corporate governance aligns with the principles of the Investor Stewardship Group, a coalition of some of the world's largest investors and asset managers, as follows: More information concerning our corporate governance can be found in our Proxy Statement for the 2026 Annual Meeting of Stockholders ("2026 Proxy Statement").
Partnerships
- We typically focus on metropolitan areas with favorable long-term economic and population growth prospects, and target land parcels that meet our investment return standards.
- Since 2014, we have partnered with IBACOS®, a nationally recognized expert in home construction quality and performance, to conduct annual jobsite safety reviews.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| GRBK | Green Brick Partners, Inc. | USD 64.94 | ▲ 7.02% |
| MHO | M/I Homes, Inc. | USD 123.3 | ▲ 8.12% |
| MTH | Meritage Homes Corporation | USD 63.63 | ▲ 7.27% |
| CVCO | Cavco Industries, Inc. | USD 547.44 | ▲ 6.04% |
| SKY | Champion Homes, Inc. | USD 79.72 | ▲ 5.27% |
| IBP | Installed Building Products, In | USD 198.13 | ▲ 5.46% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:19 UTC. This page is informational and not investment advice.
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