Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate KB Home before investing.

In this article, we go over a few key elements for understanding KB Home’s stock price such as:

• KB Home’s current stock price and volume
• Why KB Home’s stock price changed recently
• Upgrades and downgrades for KBH from analysts
• KBH’s stock price momentum as measured by its relative strength

About KB Home (KBH)

Before we jump into KB Home’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

KB Home is a homebuilding company. The Company's segments include homebuilding and financial services. The homebuilding segment is engaged in the acquisition and development of land primarily for residential purposes. The Company builds a variety of new homes, including attached and detached single-family residential homes, townhomes and condominiums, designed for first-time and first move-up, as well as second move-up and active adult, homebuyers. It offers homes in development communities, at urban in-fill locations and as part of mixed-use projects. The financial services segment offers various insurance products to its homebuyers in the markets where the Company builds homes and provides title services in certain of those markets. Its financial services also provide mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through KBHS Home Loans, LLC, an unconsolidated joint venture between the Company and a third party.

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KB Home’s Stock Price as of Market Close

As of September 25, 2024, 4:00 PM, CST, KB Home’s stock price was $82.75.

KB Home is down 5.35% from its previous closing price of $87.43.

During the last market session, KB Home’s stock traded between $86.51 and $88.86. Currently, there are 75.65 million shares of KB Home stock available for purchase.

KB Home’s price-earnings (P/E) ratio is currently at 11.6, which is high compared to the Homebuilding industry median of 11. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

KB Home Stock Price History

KB Home’s (KBH) price is currently down 1.15% so far this month.

During the month of September, KB Home’s stock price has reached a high of $89.70 and a low of $77.29.

Over the last year, KB Home has hit prices as high as $89.70 and as low as $42.11. Year to date, KB Home’s stock is up 159.81%.

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What Caused KB Home Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 24, 2024, there was 1 analyst who downgraded KB Home’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate KB Home’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on KB Home’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

KB Home’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about KB Home (KBH) by visiting AAII Stock Evaluator.

Relative Price Strength of KB Home

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 24, 2024, KB Home has a weighted four-quarter relative price strength of 12.16%, which translates to a Momentum Score of 88 and is considered to be Very Strong.

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KB Home Stock Price: Bottom Line

As of September 25, 2024, KB Home’s stock price is $82.75, which is down 5.35% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like KB Home stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.