Recent News
Oct 2025 — Company authorized a $1.0 billion share repurchase program. Sep–Aug 2025 — Multiple grand-opening announcements for new communities across Arizona, California, Colorado, Nevada, Texas and Arizona master-planned developments. Aug 7, 2025 — Record date set for the quarterly $0.25 dividend; payment processed Aug 21, 2025. Several Business Wire releases in August–September detailed community grand openings and related SEC filings in August and September 2025.
Technical Analysis
Directional indicators show no dominant trend: ADX at 13.53 signals a non-trending market environment, which lowers confidence in sustained directional moves and increases the likelihood of short-term range trading.
DI+ sits at 21.76 and decreased, a bearish signal that reduces immediate upside bias; DI- at 24.77 experienced a peak-and-reversal, which constitutes a bullish signal as DI- has turned down, creating offsetting directional pressure.
MACD currently reads 0.03 and stands above its signal line (-0.14), which produces a bullish crossover; however, the MACD trend registers a peak-and-reversal, indicating recent bearish momentum that may limit follow-through despite the crossover.
MRO at 0.66 registers slightly positive, implying the market price sits modestly above the internal target and therefore carries a small bias toward mean reversion (downward pressure); the MRO trend shows a peak-and-reversal, reinforcing that mean-reversion potential.
RSI at 51.07 with a peak-and-reversal pattern signals loss of upward momentum from neutral levels, supporting the view of a near-term consolidation rather than a clean breakout.
Price relationships: last close $62.38 trades above the 200‑day average ($58.88), which supports longer-term valuation; price remains below the 50‑day average ($63.34) and near the 20‑day average ($62.15), consistent with short-term pressure and consolidation.
Bollinger band bounds at $60.56 (lower) and $63.74 (upper) contain the price, suggesting limited immediate volatility expansion; Ichimoku components place price inside the cloud area (Senkou A $64.70, Senkou B $60.41), indicating equilibrium between buyers and sellers.
Volume (961,370) runs under the 10‑day average (1,007,104) and well under the 200‑day average (1,426,995), reducing conviction behind recent moves and implying thinner participation during recent price action.
Fundamental Analysis
Earnings: Reported EPS $1.61 versus estimate $1.51, a $0.10 beat representing a ~6.62% upside to consensus. Forward EPS sits at $2.275, yielding a forward P/E of 25.58, while trailing P/E equals 37.84.
Earnings growth shows mixed timing: reported earnings growth stands at 0.07333 (7.333%), with QoQ earnings growth 9.92846% and earnings growth YoY -2.43335%. Revenue growth reads 0.0% with QoQ revenue growth -1.0% and YoY revenue growth -1.0%, indicating flat-to-slightly-declining top-line trends alongside modestly positive recent operating leverage on earnings.
Cash metrics show cash conversion cycle peer band centered higher than KB Home’s operating cadence; invested capital totals $1,605,395,000 and reported cost of debt equals 1.08%, which supports low financing costs for ongoing land and development investment.
Valuation metrics show a stretched trailing P/E relative to some peers but a more attractive forward P/E: trailing P/E 37.84 sits below the industry peer mean P/E of 65.73 and below the industry peer median P/E of 82.10, while PEG stands at 5.16, materially above the industry peer mean of -2.17 and industry peer median of -1.68 (industry peer high ~0.01), indicating a higher price-to-earnings-growth multiple than typical peers when using these peer comparisons.
Additional notes: cash-flow margin and cash-flow-to-earnings report at 0.0; WMDST values the stock as under-valued based on our internal framework that weighs forward earnings and balance-sheet durability against current share price.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-08-31 |
| REPORT DATE: | 2025-09-24 |
| NEXT REPORT DATE: | 2025-12-24 |
| CASH FLOW | Begin Period Cash Flow | — |
| Operating Cash Flow | — | |
| Capital Expenditures | — | |
| Change In Working Capital | — | |
| Dividends Paid | — | |
| Cash Flow Delta | — | |
| End Period Cash Flow | — | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | — | |
| Forward Revenue | — | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | — | |
| Interest Expense | — | |
| Net Interest Income | — | |
| Income Before Tax | — | |
| Tax Provision | — | |
| Tax Rate | — | |
| Net Income | — | |
| Net Income From Continuing Operations | — | |
| EARNINGS | ||
| EPS Estimate | $ 1.51 | |
| EPS Actual | $ 1.61 | |
| EPS Difference | $ 0.10 | |
| EPS Surprise | 6.623 % | |
| Forward EPS | $ 2.27 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | — | |
| Intangible Assets | — | |
| Net Tangible Assets | — | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | — | |
| Net Receivables | — | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | — | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | — | |
| Total Debt | — | |
| Total Liabilities | — | |
| EQUITY | ||
| Total Equity | — | |
| Retained Earnings | — | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | — | |
| Shares Outstanding | — | |
| Revenue Per-Share | — | |
| VALUATION | Market Capitalization | — |
| Enterprise Value | — | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | — | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | — | |
| Asset To Liability | — | |
| Debt To Capital | — | |
| Debt To Assets | — | |
| Debt To Assets QoQ | — | |
| Debt To Assets YoY | — | |
| Debt To Assets IPRWA | — | |
| Debt To Equity | — | |
| Debt To Equity QoQ | — | |
| Debt To Equity YoY | — | |
| Debt To Equity IPRWA | — | |
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | — | |
| Price To Book QoQ | — | |
| Price To Book YoY | — | |
| Price To Book IPRWA | — | |
| Price To Earnings (P/E) | 37.837 | |
| Price To Earnings QoQ | 3.708 % | |
| Price To Earnings YoY | -2.508 % | |
| Price To Earnings IPRWA | high: 82.098 median: 82.098 mean: 65.731 KBH: 37.837 low: -33.211 |
|
| PE/G Ratio | 5.16 | |
| Price To Sales (P/S) | — | |
| Price To Sales QoQ | — | |
| Price To Sales YoY | — | |
| Price To Sales IPRWA | — | |
| FORWARD MULTIPLES | ||
| Forward P/E | 25.577 | |
| Forward PE/G | 3.488 | |
| Forward P/S | — | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | — | |
| Asset Turnover Ratio QoQ | — | |
| Asset Turnover Ratio YoY | — | |
| Asset Turnover Ratio IPRWA | — | |
| Receivables Turnover | — | |
| Receivables Turnover Ratio QoQ | — | |
| Receivables Turnover Ratio YoY | — | |
| Receivables Turnover Ratio IPRWA | — | |
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | — | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 289.435 mean: 121.909 median: 69.544 low: 60.865 KBH: 0 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | — | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | — | |
| Net Invested Capital | — | |
| Invested Capital | $ 1.6 B | |
| Net Tangible Assets | — | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 1.08 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | — | |
| Revenue Growth | 0.0 % | |
| Revenue Growth QoQ | -100.0 % | |
| Revenue Growth YoY | -100.0 % | |
| Revenue Growth IPRWA | high: 202.742 % mean: 5.708 % KBH: 0.0 % low: -13.776 % median: -13.776 % |
|
| Earnings Growth | 7.333 % | |
| Earnings Growth QoQ | 992.846 % | |
| Earnings Growth YoY | -243.335 % | |
| Earnings Growth IPRWA | high: 1200.0 % mean: 34.826 % KBH: 7.333 % low: -48.913 % median: -48.913 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | — | |
| Free Cash Flow Yield | — | |
| Free Cash Flow Yield QoQ | — | |
| Free Cash Flow Yield YoY | — | |
| Free Cash Flow Yield IPRWA | — | |
| Free Cash Growth | — | |
| Free Cash Growth QoQ | — | |
| Free Cash Growth YoY | — | |
| Free Cash Growth IPRWA | — | |
| Free Cash To Net Income | — | |
| Cash Flow Margin | 0.0 % | |
| Cash Flow To Earnings | 0.0 | |
| VALUE & RETURNS | ||
| Economic Value Added | — | |
| Return On Assets (ROA) | — | |
| Return On Assets QoQ | — | |
| Return On Assets YoY | — | |
| Return On Assets IPRWA | — | |
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | — | |
| Return On Equity QoQ | — | |
| Return On Equity YoY | — | |
| Return On Equity IPRWA | — | |
| DuPont ROE | — | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |