Raymond James analyst Buck Horne reiterated a Buy rating on Kb Home on Thursday, setting a price target of $55, which is approximately 23.87% above the present share price of $44.4.
Horne expects Kb Home to post earnings per share (EPS) of $1.16 for the first quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in KB Home (NYSE:KBH), with an average price target of $50.13.
The analysts price targets range from a high of $56 to a low of $44.
In its latest earnings report, released on 11/30/2020, the company reported a quarterly revenue of $1.19 billion and a net profit of $118.93 million. The company's market cap is $4.39 billion.
According to TipRanks.com, Raymond James analyst Buck Horne is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.6% and a 65.06% success rate.
KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes and condominiums. It operates through the following segments: West Coast, Southwest, Central and Southeast. It offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. The company was founded in 1957 and is headquartered in Los Angeles, CA.