KB Home Launches Watermill Community in Texas, Starting Prices from Mid $200,000s
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: PRnewswire
- Community Launch: KB Home has unveiled the Watermill community in Uhland, Texas, featuring one- and two-story homes priced from the mid $200,000s, catering to modern family living and expected to attract numerous buyers.
- Personalized Design: Each KB Home can be customized according to customer preferences, offering various floor plans and exterior styles, enhancing customer engagement in the homebuying process and thereby increasing satisfaction and brand loyalty.
- Comprehensive Amenities: The Watermill community includes a playground, park, pavilion, and walking paths, located near Texas State University and several outdoor recreation areas, significantly enhancing residents' quality of life and community appeal.
- Energy Efficiency Advantage: KB Home's designs focus on high energy and water efficiency, with all new homes being ENERGY STAR® certified, providing greater comfort and lower utility costs, aligning with modern buyers' demand for sustainable living.
Analyst Views on KBH
Wall Street analysts forecast KBH stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for KBH is 58.38 USD with a low forecast of 50.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
2 Buy
6 Hold
1 Sell
Hold
Current: 62.240
Low
50.00
Averages
58.38
High
71.00
Current: 62.240
Low
50.00
Averages
58.38
High
71.00
About KBH
KB Home is a homebuilding company, which builds a variety of new homes, including attached and detached single-family residential homes, townhomes and condominiums, designed primarily for first-time and first move-up, as well as second move-up and active adult homebuyers. It offers homes in development communities, in urban in-fill locations and as part of mixed-use projects. The Company's segments include homebuilding and financial services. The homebuilding segment is engaged in the acquisition and development of land primarily for residential purposes. The financial services segment offers various insurance products to its homebuyers in the markets where the Company builds homes and provides title services in certain of those markets. Its financial services also provide mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through KBHS Home Loans, LLC, an unconsolidated joint venture between the Company and a third party.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
