Kb Home traded at $47.90 this Friday November 13th, decreasing $0.53 or 1.09 percent since the previous trading session. Looking back, over the last four weeks, Kb Home lost 14.24 percent. Over the last 12 months, its price fell by 20.38 percent. Looking ahead, we forecast Kb Home to be priced at 46.82 by the end of this quarter and at 43.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
KB HOME is a home building company. The Company builds a variety of new homes designed primarily for first-time and first move-up, as well as second move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. The Company's segments include homebuilding, and financial services. Its homebuilding segments consist of four segments: West Coast, Southwest, Central, and Southeast. Its homebuilding segments are engaged in the acquisition and development of land primarily for residential purposes and offer a variety of homes that are designed to appeal to first-time, first move-up and active adult homebuyers. Its financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers and also provides title services in markets located within its Southwest, Central and Southeast homebuilding segments.