KB Home Launches Watermill Community in Uhland, Texas, Starting from Mid $200,000s
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Community Launch: KB Home has opened the Watermill community in Uhland, Texas, with homes starting from the mid $200,000s, catering to modern families' demand for personalized housing and expected to attract a significant number of buyers.
- Personalized Design: Each KB Home can be customized according to customer preferences, offering floor plans with up to five bedrooms and three-and-a-half baths, enhancing customer engagement and satisfaction, thereby solidifying KB Home's competitive edge in the market.
- Rich Community Amenities: The Watermill community features amenities such as a playground, park, pavilion, and walking paths, improving residents' quality of life and appealing to family-oriented buyers, especially given its proximity to Texas State University and various outdoor recreational areas.
- Sustainability Commitment: KB Home's houses are designed to meet ENERGY STAR® standards, ensuring high energy and water efficiency, helping buyers reduce long-term living costs while enhancing comfort, reflecting the company's leadership in sustainable building practices.
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.
