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 reports developments as a U.S. homebuilder that designs, builds and sells new homes and communities for first-time and move-up buyers. Company news commonly covers community openings in markets such as California, Arizona, Texas and Idaho, with details on home types, floor plans, amenities, school access and transportation links.
Updates also describe KB Home's personalized homebuilding model, including Design Studio selections, energy- and water-efficiency features and ENERGY STAR® certification. Recurring corporate items include dividends, earnings releases, share repurchase references and broader operating updates tied to land development and housing demand.
KB Home (NYSE: KBH) has announced its first quarter 2025 dividend declaration. The company's board of directors has approved a quarterly cash dividend of $0.25 per share on its common stock, which will be paid on February 20, 2025, to stockholders of record as of February 6, 2025.
KB Home is a leading U.S. homebuilder operating in 47 markets, having constructed over 680,000 homes during its 65+ year history. The company is recognized as the #1 customer-ranked national homebuilder based on third-party surveys. KB Home distinguishes itself through personalized homebuilding options at affordable prices and leads the industry in sustainability, having delivered more ENERGY STAR® certified homes than any other builder.
KB Home has launched a new brand platform called 'We See You', emphasizing its customer-centric approach to homebuilding. The initiative showcases the company's commitment to becoming the most customer-obsessed homebuilder globally through personalized, affordable homes that reflect customers' styles, budgets, and dreams.
The platform features a brand video campaign highlighting how KB Home partners with families during their homebuying journey. The company's approach includes data-driven product design based on extensive buyer surveys, customizable home designs, and dedicated support teams throughout the building process. KB Home achieved its highest customer satisfaction levels in 2024 and maintains its position as the #1 customer-ranked national homebuilder in third-party surveys.
KB Home (NYSE: KBH) has announced the grand opening of Archer Estates in Robla, Sacramento. The development offers personalized one- and two-story homes priced from the low $500,000s, featuring up to six bedrooms and four baths. The homes include modern kitchens, large great rooms, and bedroom suites with walk-in closets.
Located near schools and community parks, including Robla Community Park, the development provides easy access to Interstate 80 and the Marconi/Arcade light rail station. The community is minutes away from shopping and entertainment destinations like Natomas Marketplace and Golden 1 Center.
KB Home emphasizes personalization through their KB Home Design Studio, where customers can select from various design choices. The homes are engineered to be ENERGY STAR® certified, meeting standards achieved by less than 10% of new homes nationwide, offering enhanced comfort and utility cost savings.
KB Home (NYSE: KBH) has announced the grand opening of Stillwater, a new community of two-story homes in Lake Stevens, Washington, with prices starting from the low $700,000s. The development features homes with up to five bedrooms and three-and-a-half baths, with some plans offering daylight basements.
The community includes two planned on-site parks with children's play structures and walking paths. Located near Davies Beach and Lake Stevens, residents will have access to swimming, boating, and fishing activities. The development's strategic location near Highway 9, Highway 2, and Interstate 5 provides easy access to major Seattle-area employment centers.
What distinguishes KB Home is their personalized approach to homebuilding, allowing customers to customize their homes through the KB Home Design Studio. The homes are designed to be ENERGY STAR® certified, meeting standards that fewer than 12% of new homes nationwide achieve, offering enhanced comfort and utility cost savings.
KB Home (NYSE: KBH) has announced the grand opening of Richland Reserve, a new townhome community in Raleigh, North Carolina. The development offers townhomes starting from the $290,000s, featuring modern designs with up to three bedrooms and two-and-a-half baths.
The two-story homes include contemporary features such as modern kitchens overlooking great rooms, expansive bedroom suites with walk-in closets, and upstairs laundry rooms. Located off Common Oaks Drive, the community provides easy access to Highway 98, Interstate 540, and US-1, with proximity to Falls Lake State Recreation Area and downtown Wake Forest.
As an ENERGY STAR® certified development, the homes meet superior energy efficiency standards achieved by less than 12% of new homes nationwide. KB Home emphasizes personalization through their Design Studio experience, where buyers can select from various design packages to match their style and budget.
KB Home (KBH) reported strong Q4 2024 results with revenues up 19% to $2.00 billion and diluted earnings per share increasing 36% to $2.52. Home deliveries rose 17% to 3,978 units, with average selling price up 3% to $501,000. The company's net orders increased 41% year-over-year.
For full-year 2024, revenues grew 8% to $6.93 billion with 14,169 homes delivered. The company invested over $2.8 billion in land acquisition and development, representing a 58% increase from the previous year. KB Home returned over $420 million to shareholders through repurchases and dividends, including the repurchase of 4,725,181 shares at $74.07 per share.
Looking ahead to 2025, KB Home projects housing revenues between $7.00-7.50 billion, with average selling price ranging from $488,000-$498,000. The company expects a homebuilding operating income margin of approximately 10.7% and housing gross profit margin between 20.0-21.0%.
KB Home (NYSE: KBH) has announced a change in its earnings release date for the fourth quarter and fiscal year ended November 30, 2024. The company has rescheduled the release to January 13, 2025, after market close, in observance of the National Day of Mourning for former President Jimmy Carter, which falls on the previously announced date.
A live webcast of the earnings conference call will be held on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Investors can access the webcast through the Investor Relations section of KB Home's website. The webcast recording will remain available for replay on the company's website for 30 days following the call.
KB Home (NYSE: KBH) has announced the grand opening of Vista Robles, its newest community in Banning, California. Located in Riverside County, the development offers personalized one- and two-story homes priced from the $490,000s.
The homes feature up to six bedrooms and four baths, set on large homesites with hillside locations and mountain views. The community will include three planned parks with walking paths and open space. Notable features include modern kitchens overlooking great rooms, bedroom suites with walk-in closets, and ample storage space.
Vista Robles is situated at the corner of Jackal Drive and West Gilman Street, offering easy access to Interstate 10, Highway 79, and Highway 60. The location provides proximity to shopping at Cabazon Outlets, entertainment at Morongo Casino Resort & Spa, and outdoor recreation including golf courses and hiking trails. The community is also a short drive from Palm Springs.
KB Home (NYSE: KBH) has announced the grand opening of Westcott Station, a new residential community in Sacramento, California. The development features two-story homes starting from the low $500,000s, offering three bedrooms and two-and-a-half baths. Located on Old Placerville Road east of Bradshaw Road, the community provides easy access to major highways and the Butterfield Light Rail Station.
The homes are designed with modern features including contemporary kitchens, large great rooms, and bedroom suites with walk-in closets. KB Home emphasizes personalization, allowing buyers to customize their homes through the KB Home Design Studio. The properties are ENERGY STAR certified, meeting standards achieved by less than 10% of new homes nationwide.
Residents will benefit from proximity to shopping, dining, and outdoor recreation areas including Lake Natomas and American River Parkway.
KB Home (NYSE: KBH) has announced it will release its fourth quarter and fiscal year 2024 earnings report after market close on January 9, 2025. The company will host a live webcast earnings conference call the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Investors can access the webcast through the Investor Relations section of KB Home's website. The webcast recording will remain available for replay on the company's website for 30 days following the call.