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KB Home (NYSE:KBH) Faces Challenges Amid High Mortgage Rates
Financial Modeling Prep· 2025-09-25 18:06
RBC Capital maintains a "Sector Perform" rating for KB Home (NYSE:KBH), with a slight increase in the price target from $58 to $59.High mortgage rates and affordability issues are impacting demand, particularly from first-time buyers, squeezing profit margins.KB Home is implementing cost control measures and stock buybacks to mitigate the impact of these challenges.KB Home (NYSE:KBH) is a prominent player in the homebuilding industry, known for constructing a variety of homes across the United States. The c ...