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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.

Rhea-AI Summary
KB Home (NYSE: KBH) has been named to Newsweek®’s 2024 list of America’s Most Trustworthy Companies for the third consecutive year. The company's commitment to customer satisfaction, trust, integrity, and excellence has been recognized by the prestigious award. KB Home's Chairman and CEO, Jeffrey Mezger, expressed gratitude for the acknowledgment and highlighted the company's dedication to building relationships with homebuyers and making homeownership accessible. The selection process involved 97,000 evaluations and over 523,000 social media mentions, with the 700 most trusted companies across 23 industries being chosen.
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KB Home (NYSE: KBH) announces the grand opening of Ross Creek, a new-home community in Lakeland, Florida, offering personalized homes starting from the mid $300,000s. KB Home focuses on building unique homes for each customer, providing a personalized experience at the KB Home Design Studio. The community features one-story floor plans with up to five bedrooms and three baths, no CDD fees, and convenient access to major employers and downtown Lakeland. KB Home prioritizes energy efficiency, innovative design, and customer satisfaction, being ranked as the #1 customer-ranked national homebuilder.
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KB Home (NYSE: KBH) has been named an ENERGY STAR® Partner of the Year – Sustained Excellence Award Winner for the 14th consecutive year. The national homebuilder has built over 188,000 ENERGY STAR certified homes, reducing utility bills by $1.1 billion and CO2 emissions by 6.9 billion pounds.
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KB Home (NYSE: KBH) announces the grand opening of Prospect Gardens, a new-home community in Santee, California, offering personalized homes with modern features and onsite amenities. Homebuyers can customize their homes in the KB Home Design Studio. The community is conveniently located near schools and major transit hubs.
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KB Home (NYSE: KBH) announces the grand opening of its newest master-planned community, Contour, in Chino, California. The new homes at Monet and Rembrandt at Contour offer personalized, spacious living with planned amenities and are zoned for the highly ranked Chino Valley Unified School District, priced from the $670,000s. KB Home focuses on building strong relationships with customers, offering personalized home designs, and an exceptional homebuying experience. The company's innovative designs prioritize energy efficiency, healthier indoor environments, and contemporary living spaces. Monet and Rembrandt at Contour are conveniently located near major employment centers, transportation hubs, and recreational facilities.
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KB Home (NYSE: KBH) announces the grand opening of Esquire, a new community in Folsom Ranch, California, offering personalized homes with modern features, close to top schools, and priced from the mid $600,000s. The master plan includes parks, open spaces, and miles of trails, zoned for Folsom Cordova Unified School District.
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KB Home (NYSE: KBH) reported strong first-quarter results for fiscal 2024, with revenues growing 6% to $1.47 billion and diluted earnings per share increasing 21% to $1.76. Net orders surged 55%, with a 58% increase in net order value to $1.58 billion. The company repurchased $50 million of common stock and remains optimistic about future growth.
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KB Home (NYSE: KBH) announces the grand opening of Wilder Pines, a new-home community in Lakeland, offering personalized, spacious homes priced from the $300,000s. The company focuses on building strong relationships with customers, providing unique home customization options. KB Home prioritizes innovative design, energy efficiency, and healthier indoor environments in their homes. Wilder Pines is conveniently located near schools, major employers, and downtown Lakeland, offering a desirable living experience.
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KB Home (KBH) announces the grand opening of Fresco in the Reserve at Orchard Hills, a gated community in Irvine, California, offering personalized new homes with modern features, resort-style amenities, and proximity to top schools. KB Home focuses on building unique homes, emphasizing customer personalization and satisfaction. The community is designed for contemporary living, energy-efficient, and conveniently located for a vibrant lifestyle.
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KB Home (NYSE: KBH) announces the grand opening of Hawkes Meadow, a new-home community in Jacksonville, Florida, offering personalized, spacious homes from the $280,000s. The company focuses on building strong customer relationships, allowing buyers to personalize their homes at the KB Home Design Studio. Hawkes Meadow features energy-efficient designs, modern kitchens, and expansive bedroom suites. The community's convenient location near major employers and amenities makes it an attractive choice for homebuyers.
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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
LOS ANGELES