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 two new-home communities, Alina and Asher, in the Glen Loma Ranch master plan located in Gilroy, California. Priced starting from
The board of directors of KB Home (NYSE:KBH) has declared a quarterly cash dividend of
KB Home reported significant growth for Q3 2021, with revenues rising 47% to $1.47 billion and diluted earnings per share increasing 93% to $1.60. Operating income margin improved by 270 basis points to 11.6%, while gross margin rose to 21.5%. Backlog value surged 89% to $4.84 billion. The company repurchased 4.7 million shares for $188.2 million. Despite supply chain delays impacting deliveries, KB Home is optimistic about future profitability and growth in 2022.
FAQ
What is the current stock price of KB Home (KBH)?
What is the market cap of KB Home (KBH)?
What does KB Home specialize in?
When was KB Home founded?
Is KB Home publicly traded?
What regions does KB Home operate in?
Who are KB Home’s primary customers?
What makes KB Home’s homes unique?
How does KB Home contribute to sustainability?
Does KB Home provide mortgage services?
How many homes has KB Home built?
Where can I learn more about KB Home?
