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

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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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LAS VEGAS--(BUSINESS WIRE)--KB Home announces the grand opening of Gilmore Grove, its latest gated community in Northwest Las Vegas.

KB Home Announces the Grand Opening of Gilmore Grove, Its Latest Gated Community in Northwest Las Vegas

LAS VEGAS--(BUSINESS WIRE)--KB Home announces the grand opening of Copper Ranch, a gated community in highly desirable Southwest Las Vegas.

KB Home Announces the Grand Opening of Copper Ranch, a Gated Community in Highly Desirable Southwest Las Vegas

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The home builder sector was suffering a unanimous selloff in morning trading Tuesday, after data showing new home sales surprisingly fell in April, and sharply, amid high prices, rising mortgage rates and low supply. The iShares U.S. Home Construction ETF ITB, -3.76% sank 3.4%, with all 47 equity components losing ground, while the SPDR S&P Homebuilders ETF XHB, -3.67% dove 3.4% with all 35 components falling, to underperform the S&P 500's SPX, -2.09% 2.1% slide.

Home builder stocks suffer unanimous selloff after disappointing new home sales data

In this article, I start by discussing the U.S. housing market based on demand and supply. It's a tricky situation with significant affordability risks. So far, KB Home is doing tremendously well thanks to pricing and strong demand. However, its stock price has incorporated a lot of (expected) weakness.

What KB Home Investors Need To Know

VALENCIA, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of three new-home communities in the highly desirable and thriving Valencia master plan.

KB Home Announces the Grand Opening of Three New-home Communities in the Highly Desirable and Thriving Valencia Master Plan

VISTA, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of Silverado, a new-home community in Vista, California.

KB Home Announces the Grand Opening of Silverado, a New-Home Community in Vista, California

HAYWARD, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of Atlas at Mission Village, a new-home community in Hayward, California.

KB Home Announces the Grand Opening of Atlas at Mission Village, a New-Home Community in Hayward, California

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PHOENIX--(BUSINESS WIRE)--KB Home announces the grand opening of two new communities at the popular Liberty master plan in Phoenix, Arizona.

KB Home Announces the Grand Opening of Two New Communities at the Popular Liberty Master Plan in Phoenix, Arizona

LOS ANGELES--(BUSINESS WIRE)--KB Home earns 12th ENERGY STAR® Partner of the Year – Sustained Excellence Award.

KB Home Earns 12th ENERGY STAR Partner of the Year – Sustained Excellence Award

HOUSTON--(BUSINESS WIRE)--KB Home announces the grand opening of Olympia Falls, a new-home community in Missouri City, Texas.

KB Home Announces the Grand Opening of Olympia Falls, a New-Home Community in Missouri City, Texas

LOS ANGELES--(BUSINESS WIRE)---- $KBH #conference--KB Home (NYSE: KBH) today announced that it will participate in a virtual Fireside Chat at the 15th Annual J.P. Morgan Homebuilding & Building Products Conference on Tuesday, May 17, 2022. The meeting will be webcast live at 8:40 a.m. Pacific Time, 11:40 a.m. Eastern Time. To access the live webcast, select the "Events and Presentations" link on the Investor Relations section of the KB Home website at www.kbhome.com. An archive of the presentation will be avail

KB Home to Webcast Its Fireside Chat at the J.P. Morgan Homebuilding & Building Products Conference on May 17, 2022

TUCSON, Ariz.--(BUSINESS WIRE)--KB Home announces the grand opening of Colina de Anza Traditions and Agave, two new-home communities in highly desirable Northwest Tucson.

KB Home Announces the Grand Opening of Colina de Anza Traditions and Agave, Two New-Home Communities in Highly Desirable Northwest Tucson

LOS ANGELES--(BUSINESS WIRE)--KB Home releases 15th Annual Sustainability Report, detailing the company's industry-leading sustainability efforts.

KB Home Releases 15th Annual Sustainability Report, Detailing Industry-leading Sustainability Efforts to Build Better Homes, Better Communities and a Better Future

JACKSONVILLE, Fla.--(BUSINESS WIRE)--KB Home announces the grand opening of Greenland Place, a new-home community in Jacksonville.

KB Home Announces the Grand Opening of Greenland Place, a New-Home Community in Jacksonville

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In spite of challenges, U.S. homebuilding remains on solid ground, helping stocks like Lennar Corp. (LEN), D.R. Horton (DHI), KB Home (KBH) and Toll Brothers (TOL).

4 Stocks to Watch Amid Challenges for Homebuilding Industry

PUYALLUP, Wash.--(BUSINESS WIRE)--KB Home announces the grand opening of Emerald Hollow, a new-home community in highly desirable Pierce County, Washington.

KB Home Announces the Grand Opening of Emerald Hollow, a New-Home Community in Highly Desirable Pierce County, Washington

PUYALLUP, Wash.--(BUSINESS WIRE)--KB Home announces the grand opening of The Madronas, a new-home community in the highly desirable Sunrise master plan.

KB Home Announces the Grand Opening of The Madronas, a New-home Community in the Highly Desirable Sunrise Master Plan

CHINO, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of Driftstone, a new-home community in the highly desirable The Preserve at Chino master plan.

KB Home Announces the Grand Opening of Driftstone, a New-Home Community in the Highly Desirable The Preserve at Chino Master Plan

RALEIGH, N.C.--(BUSINESS WIRE)--KB Home announces the grand opening of Liberty Station, a new-home community near downtown Raleigh.

KB Home Announces the Grand Opening of Liberty Station, a New-home Community Near Downtown Raleigh

Shares of KB Home KBH, -0.16% rose 0.8% in premarket trading Monday, after the home builder announced a new $300 million stock repurchase program. The program represents 11% of the company's market capitalization of $2.74 billion as of Friday's closing prices.

KB Home sets new stock repurchase program representing 11% of market cap

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home (NYSE: KBH) today announced that on April 7, 2022, its Board of Directors authorized the repurchase of up to $300 million of the Company's outstanding common stock, replacing a prior authorization, which had 331,400 shares remaining. Repurchases under this new authorization may occur periodically through open market purchases, privately negotiated transactions or otherwise, with the timing and amount at management's discretion and dependent on market, busin

KB Home Board of Directors Approves New $300 Million Stock Repurchase Authorization and Declares Second Quarter 2022 Dividend

SAN ANTONIO--(BUSINESS WIRE)--KB Home announces the grand opening of Cordova Crossing, a new-home community in Seguin, Texas.

KB Home Announces the Grand Opening of Cordova Crossing, a New-Home Community in Seguin, Texas

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News for KB Home Stock (KBH)