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KB Home - KBH STOCK NEWS

Welcome to our dedicated page for KB Home news (Ticker: KBH), a resource for investors and traders seeking the latest updates and insights on KB Home stock.

KB Home (NYSE: KBH) is a leading homebuilding company in the United States, renowned for its commitment to sustainability and customer-centric approach. Founded in 1957, KB Home was the first homebuilder to be listed on the New York Stock Exchange. Over the decades, the company has constructed nearly 600,000 homes, catering to families across the nation.

KB Home’s core business involves building single-family homes and developing communities in diverse geographical segments, including the West Coast, Southwest, Central, and Southeast regions of the U.S. The company primarily serves first-time and move-up homebuyers, offering a personalized homebuilding experience. Buyers can choose their lot location, floor plan, décor choices, design features, and other special touches, making each home unique and tailored to individual preferences.

As an industry leader in sustainability, KB Home constructs innovative and highly energy- and water-efficient homes. This commitment not only helps in reducing environmental impact but also provides cost savings to homeowners. The company’s dedication to green building practices has positioned it at the forefront of sustainable construction in the residential sector.

In addition to its homebuilding operations, KB Home engages in financial services through a joint venture providing mortgage banking services. The company's comprehensive approach ensures that homebuyers have a seamless and supportive experience from the start of their home search to obtaining financing and finally moving into their new home.

Recently, KB Home has focused on expanding its land acquisition and development activities to support future building projects. This strategic investment aims to secure a robust pipeline of new homes, meeting the ongoing demand in the housing market.

Stay updated with the latest developments and achievements from KB Home by visiting their official website or connecting on social media platforms like Facebook and Twitter.

News

KB Home Announces the Grand Opening of Its Newest Community in Lancaster, California

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KB Home (NYSE: KBH) announced the grand opening of Sonora, a new-home community in Lancaster, California, offering single-story homes priced from the low $500,000s. The homes feature modern kitchens, expansive bedroom suites, and up to five bedrooms and two baths. KB Home's focus on personalized homebuilding and customer satisfaction sets it apart in the industry. The company's commitment to innovative design, energy efficiency, and desirable location make Sonora an attractive choice for homebuyers.
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KB Home Reports 2023 Fourth Quarter and Full Year Results

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KB Home (NYSE: KBH) reported fourth quarter revenues of $1.67 billion and diluted earnings per share of $1.85. The company repurchased 3.6 million shares and ended the year with solid results, outperforming on key financial metrics. It also generated considerable cash flow and experienced a meaningful sequential increase in net orders for the first five weeks of its 2024 first quarter. However, there was a decrease in homes delivered, average selling price, and net income, as well as an increase in selling, general, and administrative expenses as a percentage of housing revenues.
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KB Home to Release 2023 Fourth Quarter and Full Year Earnings on January 10, 2024

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KB Home (NYSE: KBH) will release earnings for its Q4 and fiscal year ended November 30, 2023, after the market closes on January 10, 2024. The earnings conference call will be held on the same day at 2:00 p.m. PT, 5:00 p.m. ET. The webcast will be available for replay on the KB Home website for 30 days.
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KB Home Announces the Grand Opening of Its Newest Community in Popular Land O’ Lakes, Florida

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KB Home (NYSE: KBH) announced the grand opening of Riverstone, its latest new-home community in Land O’ Lakes, offering personalized, spacious, new homes on large homesites near outdoor recreation and shopping, priced from the $350,000s. The community's one- and two-story floor plans feature up to six bedrooms and three baths, with no CDD fees and zoned for highly rated Pasco County Schools. KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site.
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KB Home Debuts Two New Design Studios in the Phoenix Area

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KB Home (NYSE: KBH) opens new Phoenix Design Studios for homebuyers to personalize their new homes. The East and West Valley studios offer expert advice and a wide range of design choices, including energy-efficient products and home automation technologies.
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KB Home Announces the Grand Opening of Its Newest Community in the Popular Twelve Bridges Master Plan in Lincoln, California

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KB Home (NYSE: KBH) announced the grand opening of Aurora at Twelve Bridges, a new community in Lincoln, California. The homes are designed for modern living with features like modern kitchens, spacious bedroom suites, and family-friendly amenities. The community is zoned for the highly ranked Western Placer Unified School District. KB Home offers personalized homes, unique to each customer, and is the #1 customer-ranked national homebuilder. The homes are energy and water-efficient, designed for healthier indoor environments, and situated in a commuter-friendly location near major employment centers and outdoor recreation.
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KB Home Named One of America’s Most Responsible Companies

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KB Home (NYSE: KBH) has been named to Newsweek®’s America’s Most Responsible Companies 2024 list, the only national builder to receive this distinction four years in a row. The company's industry-leading environmental and social practices have earned them this recognition. KB Home has maintained a steady course toward greater sustainability for nearly two decades, helping make the dream of homeownership an achievable goal for more Americans.
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KB Home Announces the Grand Opening of Its Newest Community in Desirable Willis, Texas

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KB Home (NYSE: KBH) announces the grand opening of Grace Landing, a new-home community in Willis, Texas. The community offers personalized, spacious homes near Willis schools and outdoor recreation, with prices starting from the low $200,000s. The homes feature modern kitchens, large great rooms, bedroom suites with walk-in closets, and lofts, with up to five bedrooms and three-and-a-half baths. Grace Landing amenities include a playground, pavilion, and splash pad, and the community is zoned for Willis Independent School District. KB Home focuses on building strong, personal relationships with customers and offers a one-of-a-kind experience at the KB Home Design Studio. The company is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys. Grace Landing is situated in a commuter-friendly location with easy access to major employment centers and outdoor recreation areas. Pricing starts from the low $200,000s.
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KB Home Announces the Grand Opening of Its Newest Gated Community in Highly Desirable El Cajon, California

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KB Home (NYSE: KBH) announces the grand opening of Gateway, its latest townhome community in El Cajon, California. The community offers personalized, spacious townhomes minutes from downtown San Diego, priced from the low $700,000s. The homes feature modern kitchens, large great rooms, bedroom suites with walk-in closets, and up to four bedrooms and four baths. Planned amenities include a swimming pool, park, and walking paths. KB Home is known for its focus on building strong, personal relationships with customers, offering personalized home design experiences, and being the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys. The company's homes are designed to be energy and water-efficient, and Gateway is located in a commuter-friendly area near major job centers, universities, outdoor recreation, and attractions.
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KB Home Announces the Grand Opening of Its Newest Community in Desirable Flagler Beach, Florida

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KB Home (NYSE: KBH) announces the grand opening of Beach Park Village, a new-home community in Flagler Beach, offering personalized, spacious homes priced from the mid $300,000s. The community features one- and two-story floor plans with up to five bedrooms and three baths, modern kitchens, large great rooms, and peaceful water and wooded views. KB Home is known for its focus on building strong, personal relationships with customers, offering unique home personalization options, and being the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys.
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FAQ

What is the current stock price of KB Home (KBH)?

The current stock price of KB Home (KBH) is $85.03 as of November 25, 2024.

What is the market cap of KB Home (KBH)?

The market cap of KB Home (KBH) is approximately 6.2B.

What does KB Home specialize in?

KB Home specializes in building single-family homes and developing communities across the United States, focusing on sustainability and personalized homebuilding.

When was KB Home founded?

KB Home was founded in 1957.

Is KB Home publicly traded?

Yes, KB Home is publicly traded on the New York Stock Exchange under the ticker symbol KBH.

What regions does KB Home operate in?

KB Home operates in the West Coast, Southwest, Central, and Southeast regions of the United States.

Who are KB Home’s primary customers?

KB Home primarily serves first-time and move-up homebuyers.

What makes KB Home’s homes unique?

KB Home offers a personalized homebuilding experience, allowing buyers to choose their lot, floor plan, décor, and design features.

How does KB Home contribute to sustainability?

KB Home is an industry leader in building energy- and water-efficient homes, reducing environmental impact and providing cost savings for homeowners.

Does KB Home provide mortgage services?

Yes, KB Home offers mortgage banking services through a joint venture.

How many homes has KB Home built?

KB Home has built nearly 600,000 homes since its inception.

Where can I learn more about KB Home?

You can learn more about KB Home by visiting their official website at www.kbhome.com or connecting on their social media platforms.

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KB Home

NYSE:KBH

KBH Rankings

#1174 Ranked by Market Cap
#1706 Ranked by Dividends

KBH Stock Data

6.20B
64.11M
12.41%
102.74%
7.85%
Residential Construction
Operative Builders
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United States of America
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