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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 (NYSE: KBH) has been named to Newsweek's 2024 list of World's Most Trustworthy Companies. This recognition, presented by Newsweek and Statista Inc., highlights KB Home's commitment to customer satisfaction, trust, integrity, and collaboration. The list recognizes 1,000 companies across 23 industries and 20 countries, based on an independent survey of over 70,000 participants and 230,000 evaluations.

The ranking evaluates companies on three aspects of trust: Customer Trust, Investor Trust, and Employee Trust. Jeffrey Mezger, Chairman and CEO of KB Home, expressed honor at the recognition, emphasizing the company's dedication to turning the dream of homeownership into reality for thousands of families. KB Home is known as one of the largest and most trusted homebuilders in the U.S.

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KB Home (NYSE: KBH) has announced the grand opening of Rhythm, a new townhome community in Long Beach, California. This rare opportunity offers spacious homes close to popular beaches and the Long Beach waterfront, priced from the low $700,000s. The three-story floor plans feature up to four bedrooms and three-and-a-half baths, with modern kitchens, great rooms, and bedroom suites with walk-in closets. Some units are designed for small business owners to operate from home.

Rhythm is located at the corner of Atlantic Avenue and 59th Street, near major highways and employment centers. The community offers electric vehicle charging stations and is within walking distance of local schools. KB Home emphasizes personalization, energy efficiency, and customer satisfaction, being ranked as the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys.

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KB Home (NYSE: KBH) has announced the release date for its 2024 third quarter earnings. The company will disclose its financial results for the quarter ended August 31, 2024, after the market closes on Tuesday, September 24, 2024. A live webcast of the earnings conference call is scheduled for 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. The earnings call recording will be available for replay on the company's website for 30 days following the event.

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KB Home has announced the grand opening of Farmlore Villas, its newest community within a premier master plan in Brighton, Colorado. The low-maintenance, two-story paired homes offer up to five bedrooms and three-and-a-half baths, with prices starting from the mid $400,000s. The community features planned resort-style amenities, including a recreation center, outdoor pool, on-site elementary school, parks, sports fields, and over 11 miles of trails.

Homebuyers can personalize their new homes at the KB Home Design Studio. The community is located near the Prairie Center Shopping Center and offers easy access to major highways, downtown Denver, and Denver International Airport. KB Home emphasizes energy efficiency, with homes designed to be ENERGY STAR® certified.

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KB Home has announced the grand opening of Overlook Ranch, a new-home community in Georgetown, Texas. The community offers personalized, spacious homes priced from the mid $300,000s, featuring:

  • One- and two-story floor plans with up to five bedrooms and three-and-a-half baths
  • Modern kitchens overlooking large great rooms
  • Expansive bedroom suites with walk-in closets
  • ENERGY STAR® certification for greater comfort and utility cost savings

Located near local schools, universities, shopping, dining, and outdoor recreation, Overlook Ranch provides easy access to Highways 35, 29, and 130. KB Home's unique approach allows homebuyers to personalize their homes through the KB Home Design Studio experience.

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KB Home has announced the grand opening of Enclave, its newest community within the Crossroads West master plan in Riverbank, California. The new homes offer:

  • One- and two-story floor plans with up to five bedrooms and three-and-a-half baths
  • Modern kitchens, large great rooms, and bedroom suites with walk-in closets
  • Community amenities including parks, walking and biking paths, a playground, and a planned sports complex
  • Proximity to local schools and shopping centers
  • Prices starting from the low $500,000s

KB Home emphasizes personalization, allowing homebuyers to customize their homes through the KB Home Design Studio. The company is committed to energy efficiency, with homes designed to be ENERGY STAR® certified.

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KB Home has announced the grand opening of Catania at Citrine, its newest community in the Orangecrest neighborhood of Riverside, California. The development offers personalized, spacious homes priced from the mid $600,000s, featuring up to five bedrooms and three baths. Homebuyers can expect:

  • Modern kitchens overlooking large great rooms
  • Bedroom suites with walk-in closets
  • Ample storage space
  • Proximity to highly rated schools
  • A planned community park with open space, walking paths, and a children's playground

KB Home (NYSE: KBH) emphasizes building strong relationships with customers and offers a unique homebuying experience through its KB Home Design Studio. The company is committed to energy efficiency, with homes designed to be ENERGY STAR® certified.

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KB Home has announced the grand opening of Cielo, its newest community within the Villa Ticino master plan in Manteca, California. The homes at Cielo are designed for modern living, featuring:

  • One- and two-story floor plans with up to six bedrooms and four baths
  • Modern kitchens overlooking large great rooms
  • Bedroom suites with walk-in closets
  • Ample storage space

The community offers amenities such as a large park with playgrounds, sports courts, and walking and biking paths. Priced from the mid $600,000s, Cielo is located near local schools and provides easy access to major highways and job centers in the Central Valley and San Francisco Bay Area. KB Home emphasizes personalization, allowing homebuyers to customize their homes through the KB Home Design Studio.

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KB Home (NYSE: KBH) has announced the grand opening of Graham Springs, a new-home community in Graham, North Carolina. The community offers personalized, spacious homes priced from the low $300,000s, featuring:

  • One- and two-story floor plans with up to five bedrooms and three baths
  • Modern kitchens overlooking large great rooms
  • Expansive bedroom suites with walk-in closets
  • ENERGY STAR® certification for greater comfort and utility cost savings

Located near schools, outdoor recreation, shopping, and dining, Graham Springs provides easy access to Durham and Greensboro metropolitan areas, as well as major universities. KB Home emphasizes customer satisfaction and personalization, allowing homebuyers to customize their homes through the KB Home Design Studio experience.

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KB Home (NYSE: KBH) has been recognized as one of America's Best Midsize Companies by TIME Magazine, securing a position in the top 15% of all listed companies. KB Home is the only national homebuilder to receive this distinction in TIME's inaugural 2024 list.

The selection process, conducted by TIME and Statista, evaluated companies based on three key dimensions: Employee Satisfaction, Revenue Growth, and Sustainability Transparency. Eligible companies had to generate between $100 million and $10 billion in revenue in 2022 or 2023.

This recognition highlights KB Home's commitment to customer satisfaction, excellence in corporate culture, and innovation in sustainability. Jeffrey Mezger, KB Home's Chairman and CEO, expressed pride in the company's achievement, emphasizing its positive impact on stakeholders and long-term value creation.

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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.

KB Home

NYSE:KBH

KBH Rankings

KBH Stock Data

6.20B
64.11M
12.41%
102.78%
7.85%
Residential Construction
Operative Builders
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United States of America
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