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 national homebuilder recognized for energy-efficient construction and customizable home designs. This news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and operational milestones.
Comprehensive News Resource: Track all official KB Home announcements including quarterly earnings, sustainability initiatives, strategic partnerships, and market expansion efforts. Our curated feed ensures access to both regulatory filings and substantive business updates.
Key Coverage Areas: Stay informed about new community developments, innovative building practices, mortgage service updates, and leadership changes. Content spans SEC filings, press releases, and analysis of housing market positioning.
Investor-Centric Formatting: Quickly scan chronologically organized updates with clear event categorization. Bookmark this page for efficient monitoring of KBH's progress in delivering affordable, sustainable homes across key U.S. markets.
KB Home (NYSE: KBH) reported first-quarter results for the period ended February 28, 2023, showcasing total revenues of $1.38 billion and net income of $125.5 million, equating to diluted earnings per share of $1.45. The company noted a 27% year-over-year increase in book value per share, now at $44.80. Despite a 3% decrease in homes delivered and a 49% drop in net orders due to challenging market conditions, KB Home experienced a sequential improvement in demand. A new $500 million stock repurchase authorization was approved, further reflecting its solid financial position and commitment to returning cash to shareholders.
KB Home (NYSE: KBH) is set to announce its earnings for the first quarter ending February 28, 2023, after the market closes on March 22, 2023. A live webcast of the earnings conference call will be available on the company's website at 2:00 p.m. PT (5:00 p.m. ET) the same day. KB Home is noted for its significant presence in the U.S. housing market, having built over 670,000 homes in over 65 years. The company emphasizes customer relationships and energy-efficient building practices, being the first to offer ENERGY STAR® certified homes. Their commitment to quality and customer satisfaction has earned them top rankings in homebuyer satisfaction surveys.
KB Home (NYSE: KBH), a major U.S. homebuilder, has been awarded the Southern Arizona Home Builders Association’s (SAHBA) 2022 Production Builder of the Year. This accolade highlights KB Home's commitment to excellence in homebuilding and customer satisfaction. The company specializes in unique, customizable homes and offers a personalized homebuying experience, leading to its recognition as the #1 customer-ranked homebuilder in Tucson. Currently, KB Home operates 10 new-home communities in Tucson, with prices ranging from $280,000 to $450,000, featuring energy-efficient designs and modern amenities.
FAQ
What is the current stock price of KB Home (KBH)?
What is the market cap of KB Home (KBH)?
