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.
KB Home has announced the grand opening of The Legends, a new-home community in Marana, Arizona. Homes are affordably priced from the low
KB Home has launched two new home collections, Landings and Reserves, at Saguaro North in Las Vegas. Prices start from the
KB Home has announced the grand opening of Bristol, a new single-family home community in Madera, California, priced from the
KB Home reported a robust third quarter ending August 31, 2022, achieving a 26% revenue increase to $1.84 billion and a 79% rise in diluted earnings per share to $2.86. The operating income margin improved by 610 basis points to 17.7%, while gross margin increased to 26.7%. The company faced delivery challenges due to supply chain issues but holds a backlog worth $5.3 billion. Despite higher mortgage rates and inflation impacting demand, KB Home remains optimistic about future growth, with capital returns to shareholders through repurchases and dividends.
KB Home has announced the grand opening of Vista Del Oro Reserve and Horizon in Northwest Tucson, featuring new homes priced from
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