KB Home (NYSE:KBH) is one of the Best Housing Stocks to Buy According to Hedge Funds. On September 3, Oppenheimer began coverage of the company’s stock with a “Perform” rating and no price target. The firm likes KB Home (NYSE:KBH)’s land strategy and believes that its build-to-order model possesses advantages over the long term. However, as per the analyst, the company’s market footprint and new approach about price over incentives are disadvantages in the current market. In Q2 2025, the company’s revenues came in at $1.53 billion as compared to $1.71 billion, while the average selling price rose marginally to $488,700.
In the current environment and considering KB Home’s robust existing land pipeline, it is scaling back the land acquisition and development investments, while increasing the share repurchases. In Q2 2025, KB Home repurchased $200 million of its outstanding common stock at an average price of ~$54 per share.
KB Home operates as a homebuilding company.
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This article is originally published at Insider Monkey.
