KB Home

KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes, and condominiums. The firm operates through the following segments: West Coast, Southwest, Central, and Southeast. It offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. The company was founded in 1957 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

KB Home reports robust 2022 performance amidst challenges and opportunities

KB Home's strong financial performance in 2022 was accompanied by challenges like supply chain issues and lower net orders in the fourth quarter.
Efforts to reduce construction costs and protect backlog margins are key strategies to manage costs effectively and enhance operational efficiency.
Strategic pricing adjustments and a focus on maintaining gross margins amidst market challenges position KB Home for future growth and profitability.
With a robust backlog and opportunities for operational improvements, KB Home is poised to navigate challenges and capitalize on market opportunities in '23.

KB Home reports resilient Q1 results, eyes strategic growth

KB Home's Q1 performance reflects resilience with strong financial results and strategic market expansion.
Challenges include monitoring mortgage rate impacts and consumer behavior amidst economic changes.
Opportunities lie in cash flow optimization, selective land deals, and leveraging mortgage rate buy downs.
Overall, KB Home maintains a positive outlook for sales and profitability in the coming quarters.

KB Home surpasses Q2 expectations, eyes growth opportunities in '24

KB Home delivered a strong performance in Q2, exceeding revenue guidance and showcasing financial discipline and prudent management practices.
While facing challenges related to demand fluctuations and capital allocation, the company is well-positioned to capitalize on growth opportunities in '24.
With a focus on cost savings, energy efficiency, and strategic expansion efforts, KB Home aims to drive continued success and market leadership.
Anticipated improvements in sales pace, community count growth, and optimized asset utilization signal a positive outlook for KB Home's future performance.

KB Home exceeds Q3 targets, eyes growth amid supply challenges

KB Home's Q3 earnings call highlighted strong performance, solid financial position, and strategic focus on growth. Despite challenges in supply conditions, the company aims to capitalize on opportunities in the housing market and maintain momentum for a strong fourth quarter.

KB Home surpasses Q4 expectations, eyes growth amid improving market

KB Home had a robust Q4 performance, exceeding expectations with strong revenues and earnings. The company is optimistic about market recovery and potential margin improvement as mortgage rates decline. By focusing on built-to-order homes, managing costs, and responding to market demand, KB Home aims to sustain growth and shareholder value in 2024.

KB Home reports robust Q1 performance amidst market challenges

KB Home's Q1 2024 performance reflects strong revenue growth, operational efficiency, and strategic acceleration of starts.
Challenges include forecasting uncertainties, inflation impact on costs, and competitive land market conditions.
Opportunities lie in sustained performance, market dynamics, operational efficiencies, and flexible market targeting strategies.
Overall, KB Home's focus on growth, returns, and shareholder value positions it well for future success in the housing market.

KB Home Exceeds Q2 Expectations, Strong Growth Ahead

KB Home demonstrated a strong performance in Q2 2024, overcoming market volatility with significant revenue growth, stable margins, and strategic capital allocation. The company's focus on shareholder returns and robust operational metrics positions it well for sustained growth amid fluctuating market conditions.

KB Home reports robust Q3 earnings, eyes growth and efficiency

KB Home's Q3 performance reflects solid financial results, strong demand, and strategic investments in growth and operational efficiency.
The company's strengths in revenue projections, cost management, and customer focus position it well for future growth and profitability.
While facing challenges related to market dynamics and cost pressures, KB Home has opportunities to capitalize on market trends and enhance operational effectiveness for sustained success.

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ORLANDO, Fla.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest community in highly desirable East Orlando.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable East Orlando

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JACKSONVILLE, Fla.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest community in highly desirable St. Augustine.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable St. Augustine

ONTARIO, Calif.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of its newest master-planned community, Sunset Ranch, in popular Ontario, California.

KB Home Announces the Grand Opening of Its Newest Master-Planned Community, Sunset Ranch, in Popular Ontario, California

Stonecrest offers personalized, spacious, new homes with up to five bedrooms, near highly rated schools, shopping, dining and entertainment, priced from the $360,000s. Company will celebrate grand opening, Saturday, Feb. 11, 11 a.m. to 2 p.m., during which home shoppers can explore the new community, tour beautiful model homes and enjoy complimentary food.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable St. Johns County

Medina Crossing offers personalized, spacious, new homes within walking distance to area schools, near outdoor recreation and minutes to Texas A&M University-San Antonio, priced from the $240,000s.

KB Home Announces the Grand Opening of Its Newest Community in Southwest San Antonio

Apple

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Alphabet

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PulteGroup

Tesla

Tyson Foods

Take-Two Interactive Software

U.S. stock markets opened the trading week with declines on Monday, Feb. 6, on concerns about additional tightening moves by the Federal Reserve.

Markets Drop for Second-Straight Day on Fed Hike Fears

SEATTLE--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Lumar Ridge, its latest single-family, new-home community situated in popular Kent, Washington. The new community offers stunning views of the Kent Valley and Olympic Mountains and is close to outdoor recreation. The new homes at Lumar Ridge are designed for the way people live today, with popular design features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. The community's floor plans feature up to five bedrooms and three baths. Families will appreciate the planned community park and being walking distance to highly ranked schools.

KB Home Announces the Grand Opening of Its Newest Community in Popular King County, Washington

SEATTLE--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Sunrise View, its latest single-family, new-home community located in highly desirable West Kent, Washington. The new neighborhood is close to popular outdoor recreation and adjacent to Clark Lake Park, which hosts 130 acres of open space and trails. The new homes at Sunrise View are designed for the way people live today, with popular design features like beautiful kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and generous lofts and dens. The community's floor plans feature up to five bedrooms and three baths. Homebuyers will enjoy the neighborhood's planned park and proximity to highly ranked schools.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable West Kent, Washington

D.R. Horton

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iShares U.S. Home Construction ETF

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A steep rally by homebuilder stocks points to a housing market recovery. Are they climbing too soon?

Is The Housing Market Ready To Frame Up A Recovery?

SAN ANTONIO--( BUSINESS WIRE )--KB Home (NYSE: KBH) today announced the grand opening of Villas at Presidio, its latest new, single-family home community situated in a popular area of San Antonio near family entertainment and an abundance of outdoor recreation. The new homes at Villas at Presidio are designed for the way people live today, with popular design features like modern kitchens overlooking large great rooms, expansive bedroom suites with walk-in closets, and ample storage space. The community's floor plans feature up to six bedrooms and three baths. The community is located just four miles from highly rated Northside ISD schools.

KB Home Announces the Grand Opening of Its Newest Community in Highly Desirable North San Antonio Location

Occidental Petroleum

Occidental Petroleum, KB Home, and the home-furnishings company RH highlight the issue.

Companies' Profit Margins Are Starting to Fall. Watch These Stocks.

LOS ANGELES--( BUSINESS WIRE )--The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of $.15 per share on the Company's common stock, payable on February 16, 2023 to stockholders of record on February 2, 2023.

KB Home Declares First Quarter 2023 Dividend

KB Homes designed a metaverse community to promote "exploration and engagement" among its customers as its cancellation rate grew to 68% in Q4 2022.

One of America's largest homebuilders just opened its first community in the metaverse as more homebuyers in the real world cancel their orders

The housing market will continue to deal with affordability issues and high mortgage rates, analysts say.

Demand Is Still Weak. But Bottom in Sight for Builders.

LOS ANGELES--( BUSINESS WIRE )--KB Home (NYSE: KBH), one of the largest and most recognized homebuilders in the U.S., unveiled the first virtual new-home community in the metaverse to connect with the next generation of homebuyers and inspire them in innovative ways.

Breaking New Ground: KB Home First National Homebuilder in the Metaverse With Launch of Virtual New-Home Community

KB Homes is pulling back after a weak report and weak guidance sparked the first of what could become a string of downgrades and lowered price targets.

KB Home, Another Reason To Shed Home Building Stocks

KB Home's (KBH) fiscal Q4 results reflect lower orders and backlog. Also, the lower first quarter and fiscal 2023 projections raise concern.

KB Home (KBH) Q4 Earnings Lag, Stock Down, Outlook Tepid

The company's fiscal fourth-quarter revenue and earnings missed expectations.

KB Home Posts Bad Quarter as Orders Dive. But Street Sees Scope to Rebuild Earnings.

KB Home (NYSE:KBH ) Q4 2022 Earnings Conference Call January 11, 2022 5:00 PM ET Company Participants Jill Peters - SVP, Investor Relations Jeff Mezger - Chairman, President and Chief Executive Officer Rob McGibney - Executive Vice President and Chief Operating Officer Jeff Kaminski - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan John Lovallo - UBS Alan Ratner - Zelman & Associates Susan Maklari - Goldman Sachs Jay McCanless - Wedbush Operator Good afternoon, my name is John and I'll be your conference operator today. I would like to welcome everyone to the KB Home 2022 Fourth Quarter Earnings Conference Call.

KB Home (KBH) Q4 2022 Earnings Call Transcript

KB Home (KBH) delivered earnings and revenue surprises of -13.33% and 2.75%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

KB Home (KBH) Q4 Earnings and Revenues Lag Estimates

Wells Fargo

Markets rallied sharply on Wednesday, but the outlook still is cloudy for companies with exposure to residential real estate.

2 Stocks Dealing With Housing Market Fallout

Potential home buyers are more cautious than they were in the middle of last year thanks to higher mortgage rates, “persistent” inflation and an “uncertain economy,” KB Home said Tuesday as it reported a quarterly miss.

Inflation, ‘uncertain economy' are making home buyers more cautious, KB Home says

LOS ANGELES--( BUSINESS WIRE )--KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November 30, 2022.

KB Home Reports 2022 Fourth Quarter and Full Year Results

KB Home earnings are due with the homebuilder's outlook key as KBH stock and many housing-related stocks rebound from a mortgage-rate stock. The post KB Home Earnings Due With Homebuilder Outlook Key After Mortgage Rate Shock appeared first on Investor's Business Daily.

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