KB Home Reports 2024 Second Quarter Results
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BofA Securities Reiterates Neutral Rating on KB Home (KBH)
June 20, 2024 8:08 AM EDTBofA Securities analyst Rafe Jadrosich reiterated a Neutral rating and $75.00 price target on KB Home (NYSE: KBH)
The analyst comments "KBH reported F2Q24 EPS of $2.15, above our $1.75 forecast and consensus of $1.80 driven by better deliveries and higher gross margin. Adjusted homebuilding... More
KB Home (KBH) PT Raised to $70 at RBC Capital
June 20, 2024 7:21 AM EDTRBC Capital analyst Mike Dahl raised the price target on KB Home (NYSE: KBH) to $70.00 (from $69.00) while maintaining a Sector Perform rating.
The analyst comments "We raise our FY24 EPS est. +8% to $8.28, driven by the 2Q beat, stronger margins, and interest income. Our... More
KB Home (KBH) PT Raised to $86 at Evercore ISI
June 20, 2024 4:56 AM EDTEvercore ISI analyst Stephen Kim raised the price target on KB Home (NYSE: KBH) to $86.00 (from $78.00) while maintaining a Outperform rating.
The analyst comments "KB Home reported 2Q24 (May) adjusted diluted EPS of $2.16, excluding $1.2mn of abandonment charges, topping our $1.86 estimate and the Streets... More
