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.
Overview
KB Home is one of the most recognized names in residential construction in the United States, renowned for its innovative and energy-efficient approach to building single-family homes. With a legacy that dates back several decades, the company has developed a reputation for combining modern design elements with sustainable building practices, positioning itself as a crucial player in the competitive U.S. homebuilding market. Keywords such as residential construction, energy efficiency, and personalized homebuilding underscore its commitment to quality and environmental stewardship.
Personalized Homebuilding Approach
At the core of KB Home's value proposition is its personalized homebuilding methodology. The company empowers homebuyers by offering customizable options that include choosing the lot location, floor plan, and a variety of design features. This customer-centric approach enables families to realize their dream of owning a home that fits their lifestyle preferences while embracing modern conveniences and sustainable building solutions.
Sustainability and Energy Efficiency
KB Home has established a strong reputation in sustainability by incorporating advanced practices and efficient technologies in its construction processes. The company’s focus on building highly energy- and water-efficient homes is a testament to its commitment to reducing environmental footprints while delivering quality housing. This focus on sustainable construction not only benefits the environment but also appeals to buyers who are increasingly conscious of energy conservation and cost-saving benefits over the long term.
Diverse Geographic Presence
Operating across several key U.S. regions, including the West Coast, Southwest, Central, and Southeast, KB Home is able to address the unique demands of different markets. Its diversified geographic presence ensures that the company serves a wide range of homebuyers, from first-time purchasers to those looking to upgrade their living spaces. This regional diversity also allows the company to adapt its designs and building techniques to suit varying climates, lifestyles, and local real estate trends.
Integrated Land Development and Financial Services
Beyond its core construction activities, KB Home engages in strategic land acquisition and development efforts that support its long-term building projects. The company also extends its expertise into financial services, providing mortgage banking solutions through strategic partnerships. This integration of financial operations with homebuilding activities reflects a holistic business model aimed at facilitating homeownership and maintaining operational efficiency.
Market Position and Industry Impact
As a founding and well-established entity in the residential construction space, KB Home consistently adapts to evolving market dynamics while maintaining a commitment to quality and customer satisfaction. The company’s ability to deliver personalized, sustainable, and cost-effective housing solutions has cemented its position within a competitive market landscape. This strategic blend of innovative design, robust financial support, and sustainable practices makes KB Home a subject of study for analysts and a point of reference within the industry.
Operational Excellence and Customer Focus
KB Home's operational model is built on balancing efficiency with customer-centric services. By offering a variety of customizable options, the company addresses diverse consumer needs and reinforces its commitment to delivering homes that resonate with personal lifestyles. This model, paired with targeted land development and supportive mortgage services, exemplifies the company’s comprehensive approach to residential construction and market service.
Conclusion
With decades of experience in building quality homes and a keen focus on energy-efficient, sustainable practices, KB Home stands as a noteworthy example of innovation and operational excellence in the homebuilding industry. Its dedication to offering personalized, environmentally conscious, and financially integrated home solutions continues to shape its identity and influence within the competitive U.S. residential construction landscape.
KB Home (KBH) reported first quarter 2025 results with revenues of $1.39 billion, down 5% year-over-year. Home deliveries decreased 9% to 2,770 units, while average selling price increased 4% to $500,700.
The company's net income declined 21% to $109.6 million, with diluted earnings per share down 15% to $1.49. Homebuilding operating income margin decreased to 9.2% from 10.8%. Net orders fell 17% to 2,772, with the cancellation rate rising to 16% from 14%.
Due to muted demand at the start of Spring's selling season, KB Home revised its fiscal 2025 guidance, now expecting housing revenues between $6.60 billion to $7.00 billion. The company repurchased 753,939 shares at $50.0 million during Q1. The balance sheet shows total liquidity of $1.25 billion and stockholders' equity of $4.09 billion.
KB Home (NYSE: KBH) has appointed Robert R. Dillard as Executive Vice President and Chief Financial Officer, effective March 31, 2025. Dillard joins from Sonoco Products Company where he served as CFO, overseeing net sales of $5.3 billion in 2024.
Dillard brings diverse experience, having previously held positions as President of Domtar Personal Care Europe and President of Stanley Hydraulics at Stanley Black & Decker. Chairman and CEO Jeffrey Mezger highlighted Dillard's combined operations and finance expertise, emphasizing his proven leadership and focus on driving profitability and returns.
KB Home (NYSE: KBH) has announced the grand opening of Azul, a new gated townhome community in Pico Rivera, California. The three-story townhomes, starting from the $780,000s, offer up to four bedrooms and three-and-a-half baths, featuring modern kitchens, large great rooms, and walk-in closets.
Located at the southwest corner of Durfee Avenue and Stephens Street, Azul provides easy access to Interstates 5 and 605, major employment centers, and LAX. The community includes planned amenities such as barbecues and a pet station. The development is walking distance to shopping and dining, and a short drive to outdoor recreation at Whittier Narrows Recreation Area.
KB Home emphasizes personalization through their Design Studio experience, where customers can select from various design choices. The homes are engineered to be ENERGY STAR® certified, a standard met by fewer than 12% of new homes nationwide, offering enhanced comfort and utility cost savings.
KB Home (NYSE: KBH) has announced the grand opening of Novi, a new residential community in southwest Las Vegas, with homes starting from the mid $400,000s. The development features one- and two-story floor plans offering up to five bedrooms and four baths, with modern amenities including spacious kitchens, great rooms, and walk-in closets.
The community will include planned amenities such as a park with picnic areas, shade structures, and open space. Located at West Richmar Avenue and South Valley View Boulevard, Novi offers convenient access to major highways, employment centers, and Harry Reid International Airport. The location is minutes from popular destinations including Town Square, Allegiant Stadium, and the Las Vegas Strip.
KB Home emphasizes personalization through their KB Home Design Studio, allowing buyers to customize their homes. The company's commitment to energy efficiency is demonstrated through ENERGY STAR® certification, a standard met by less than 12% of new homes nationwide.
KB Home (NYSE: KBH) has announced the grand opening of Hillside at Mount Dora, a new residential community in Mount Dora, Florida. The development offers personalized homes starting from the $360,000s, featuring one- and two-story floor plans with up to six bedrooms and four-and-a-half baths.
The community highlights include:
- Modern kitchens overlooking large great rooms
- Expansive bedroom suites with walk-in closets
- Loft spaces
- ENERGY STAR® certification
Located off Robie Avenue with convenient access to US-441, Highway 429, and Highway 46, residents will enjoy proximity to downtown Mount Dora's shopping and dining, the Mount Dora Spring Festival of Arts and Crafts, premium golf courses, and outdoor recreation at Wekiwa Springs State Park and Kelly Park.
KB Home (NYSE: KBH) has scheduled its 2025 first quarter earnings release for Monday, March 24, 2025, after market close. The earnings report will cover the financial period ended February 28, 2025.
The company will host a live earnings conference call on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Interested parties can access the webcast through the Investor Relations section of KB Home's website at investor.kbhome.com by selecting the First Quarter Earnings Conference Call link in the Events and Presentations section. The webcast recording will remain accessible on the KB Home website for 30 days following the live broadcast.
KB Home (NYSE: KBH) has announced the grand opening of two new communities in Fresno, California - Parkside and Edgewood at Peach Avenue, with homes starting from the $390,000s.
The developments feature one- and two-story homes: Parkside offers up to six bedrooms and three baths, while Edgewood provides up to five bedrooms and three baths. The communities include planned amenities such as a park with fitness stations, walking paths, and open space.
Located at South Peach Avenue and East Florence Avenue, the communities offer easy access to Highways 99 and 180, downtown Fresno, and Fresno Yosemite International Airport. The neighborhood is adjacent to the planned 49-acre Peach Avenue Park and near various entertainment venues.
All homes are ENERGY STAR® certified, meeting a standard achieved by less than 12% of new homes nationwide, offering enhanced comfort and utility cost savings.
KB Home (NYSE: KBH) has announced the grand opening of Turkey Ridge, a new residential community in Northern Johnston County, North Carolina. The development features personalized one- and two-story homes priced from the low $300,000s, situated on spacious lots ranging from half-acre to over one acre.
The homes offer modern designs with up to five bedrooms and three-and-a-half baths, featuring contemporary amenities like modern kitchens, large great rooms, expansive bedroom suites with walk-in closets, and lofts. Located off Cleveland Road with easy access to Highway 70 and Interstate 95, the community provides convenient proximity to major employers including Amazon Fulfillment Center, Novo Nordisk, and UNC Health Johnston.
Notable community features include:
- ENERGY STAR® certification, meeting standards achieved by less than 12% of new homes nationwide
- Access to outdoor recreation at Reedy Creek Golf Course, Smithfield Community Park, and Buffalo Creek Greenway
- Proximity to shopping and dining at SoDoSoPa and Carolina Premium Outlets
- Personalization options through KB Home Design Studio
KB Home (NYSE: KBH) has announced the grand opening of two new communities, Astaire and Harlow at Starlite, in South El Monte, California. The development features three-story single-family homes and townhomes priced from the $720,000s, offering up to four bedrooms and three-and-a-half baths.
The communities are built on the historic Starlite drive-in movie theater site, with plans to restore the iconic marquee as an entrance monument. Planned amenities include:
- Recreation center
- Pool and spa
- Open space and walking paths
The location offers easy access to Interstate 10, Interstate 605, and Highway 60, connecting residents to downtown Los Angeles and major employment centers. The communities feature KB Home's signature personalization options through their Design Studio, and all homes are designed to be ENERGY STAR® certified, meeting standards achieved by less than 12% of new homes nationwide.
KB Home (NYSE: KBH) has announced the grand opening of Cottonwood Creek, a new residential community in Seagoville, Texas, with homes priced from the high $200,000s. The development features customizable one- and two-story homes with up to five bedrooms and three baths, built on large homesites.
The community offers modern design elements including spacious kitchens, great rooms, expansive bedroom suites with walk-in closets, and lofts. Located off Casa Grande Drive with easy access to Highway I-20 and 635, residents will benefit from proximity to downtown Dallas and local amenities including Simonds Lake Park and Trinity Forest Adventure Park.
All homes are ENERGY STAR® certified, meeting standards achieved by less than 12% of new homes nationwide. The community is zoned for Kleberg Elementary, Dr. James Terry Middle and Seagoville High Schools. KB Home's unique selling proposition includes personalized home design options through their Design Studio and a customer-first approach that has earned them the #1 ranking in customer satisfaction among national homebuilders.
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