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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.

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KB Home announces the grand opening of Liberty Station, a new townhome community in Raleigh, N.C. Priced from the $280,000s, the homes feature open kitchens, spacious suites, two-story floor plans, and up to three bedrooms. Situated near Interstates 40 and 440, residents will benefit from easy commutes and nearby parks offering recreational activities. All homes are ENERGY STAR certified, promoting energy efficiency and a healthier living environment.

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KB Home has authorized the repurchase of up to $300 million of its common stock as of April 7, 2022, replacing a previous plan with 331,400 shares left. The repurchase will occur through various means based on market conditions. Additionally, the company declared a quarterly cash dividend of $.15 per share, payable on May 19, 2022 to shareholders of record by May 5, 2022. This move highlights KB Home's commitment to enhancing shareholder value.

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KB Home (NYSE: KBH) announces the grand opening of Country Roads, a new community in Murrieta, California, offering personalized homes priced from the $680,000s. The community features one- and two-story homes ranging from approximately 1,900 to 2,500 square feet, with up to six bedrooms. Located near major highways and employment centers, Country Roads provides convenient access to amenities and outdoor recreation. KB Home emphasizes personalization and energy efficiency, with every home designed to be ENERGY STAR certified.

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FAQ

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

The current stock price of KB Home (KBH) is $82.68 as of November 26, 2024.

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

The market cap of KB Home (KBH) is approximately 6.1B.

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.

KB Home

NYSE:KBH

KBH Rankings

KBH Stock Data

6.06B
64.11M
12.41%
102.74%
7.85%
Residential Construction
Operative Builders
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United States of America
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