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 (NYSE: KBH) reported a 23% increase in total revenues to $1.40 billion for Q1 2022, with diluted EPS growing 44% to $1.47. Operating income margin improved by 220 basis points to 12.2%, supported by a 22% rise in average selling price to $486,100. Ending backlog value surged 55% to $5.71 billion. Despite strong demand, supply chain issues are causing build delays. For 2022, the company maintains guidance of $7.4 billion in revenues with targets for operating margin and return on equity exceeding 16% and 27%, respectively.
KB Home (NYSE: KBH) announced its first-quarter earnings release for the period ending February 28, 2022, scheduled for March 23, 2022, post-market. A live earnings conference call will be held at 2:00 PM PT/5:00 PM ET on the same day. Investors can tune into the call via the KB Home website, with a recording available for 30 days. KB Home is a leading homebuilder in the U.S., known for its high-quality homes and commitment to energy efficiency, being the first builder to make every home ENERGY STAR certified.
KB Home has announced the grand opening of two new single-family home communities, Bartlett and Cortland at Mason Trails, in Roseville, California. Priced from the mid
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