KB Home stock rises 1.53 percent as profit beats estimates
Published on 09/23/2026 at 06:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKB Home (US48666K1097) stock closed at USD 48.59 on the NYSE on September 22, 2026, up 1.53 percent from the prior close of USD 47.86. The move followed third-quarter results showing diluted earnings per share of USD 1.05 for the period ended August 31, 2026.
Revenue falls 20 percent
According to KB Home on September 22, 2026, third-quarter revenue fell 20 percent year over year to USD 1.30 billion. Net income declined to USD 65.3 million from USD 109.8 million, while diluted EPS decreased from USD 1.61 to USD 1.05.
The operating pressure was volume-driven. Deliveries decreased 19 percent year over year to 2,732 homes, while the average selling price slipped to USD 473,000 from USD 475,700. That comparison shows pricing held up better than unit volume, but it did not prevent lower revenue and profit.
Guidance keeps volume range
KB Home maintained fiscal 2026 delivery guidance of 10,500 to 11,000 homes and narrowed full-year housing revenue guidance to USD 4.90 billion to USD 5.10 billion, according to the company release dated September 22, 2026. The full-year housing gross profit margin is expected at 16.0 percent to 16.2 percent, excluding inventory-related charges.
The fourth-quarter outlook calls for 3,000 to 3,500 deliveries and housing revenue of USD 1.45 billion to USD 1.65 billion. The company expects fourth-quarter housing gross margin of 16.0 percent to 16.6 percent, making margin execution a central counterweight to the earnings beat.
Stock remains below yearly high
Market data from September 22, 2026 put KB Home's 52-week range at USD 44.03 to USD 67.57, with market capitalization of USD 2.98 billion. Trading volume reached 3,088,605 shares, compared with an average volume of 1,194,927 shares, while the 200-day moving average stood at USD 53.52.
For investors, the contrast is clear: EPS exceeded the USD 0.88 consensus estimate by USD 0.17, yet revenue declined 20 percent and full-year midpoint revenue guidance of USD 5.00 billion remained below the prior-year comparison shown in the results release. The next market test is whether stable selling prices can offset lower deliveries and narrower margins.
KB Home stock closes at USD 48.59
KB Home stock closed at USD 48.59 on the NYSE on September 22, 2026, a gain of 1.53 percent on the session. The price remained USD 18.98 below the 52-week high of USD 67.57 and USD 4.56 above the 52-week low of USD 44.03.
KB Home stock facts
- Company: KB Home
- ISIN: US48666K1097
- Ticker: KBH
- Trading venue: NYSE
- Price as of September 22, 2026: USD 48.59
- Market capitalization: USD 2.98 billion as of September 22, 2026
- Sector / Industry: Consumer Discretionary / Homebuilding
