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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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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Share of home builders were broadly lower Thursday, after data showing that U.S. housing starts fell a lot more than expected in May. The iShares U.S. Home Construction ETF ITB, -0.26% sank 2.0% in premarket trading, putting it on track for a near two-year low, as futures ES00, -1.76% for the S&P 500 SPX, +1.46% shed 1.7%.

Home builder stocks hit hard after disappointing housing starts data

Compass

Shares of homebuilders traded broadly lower Tuesday, after two real estate companies announced job cuts, another sign suggesting the housing market has slowed. The iShares U.S. Home Construction ETF ITB, -0.86% slumped 0.9%, putting it on track to close at the lowest price since Nov. 9, 2020.

Homebuilder stocks trade broadly lower, in wake of job cuts from Redfin and Compass

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home (NYSE: KBH) today announced that it will release earnings for its second quarter ended May 31, 2022 after the market closes on Wednesday, June 22, 2022. A live webcast of the Company's earnings conference call will be held the same day at 2:00 p.m. Pacific Time, 5:00 p.m. Eastern Time. To listen to the call, go to the Investor Relations section of the KB Home website at www.kbhome.com and select the Second Quarter Earnings Conference Call link in the Events

KB Home to Release 2022 Second Quarter Earnings on June 22, 2022

LOS ANGELES--(BUSINESS WIRE)---- $KBH #pricing--KB Home (NYSE: KBH) today announced that it has priced an offering of $350.0 million in aggregate principal amount of its 7.25% senior unsecured notes due 2030. The offering is being made under an existing shelf registration statement that KB Home previously filed with the Securities and Exchange Commission (“SEC”). The senior notes due 2030 will bear interest at a rate of 7.25% per annum and will be issued at a public offering price of 100.00%. The senior notes wi

KB Home Announces Pricing of Senior Notes Due 2030

LOS ANGELES--(BUSINESS WIRE)---- $KBH #PublicOffering--KB Home (NYSE: KBH) today announced that it has commenced a public offering of $350.0 million in aggregate principal amount of senior unsecured notes due 2030. Citigroup Global Markets Inc., BofA Securities, Inc., BNP Paribas Securities Corp., Fifth Third Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, are acting as book-running managers for this offering. The senior notes will be guaranteed on an unsecured basis by KB Home's subsidiar

KB Home Announces Public Offering of Senior Notes

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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

SPDR S&P Homebuilders ETF

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

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).

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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.

News for KB Home Stock (KBH)