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) has announced the grand opening of its latest master-planned community, Sunset Ranch, in Ontario, California, offering new homes starting from the
The board of directors of KB Home (NYSE: KBH) has announced a quarterly cash dividend of $.15 per share on its common stock. This dividend is payable on February 16, 2023, to stockholders of record on February 2, 2023. KB Home, a leading homebuilder in the United States, has a strong reputation for energy-efficient homes and exceptional customer satisfaction. The company has built over 670,000 homes over its 65-year history, emphasizing personalized homebuilding and customer relationships.
KB Home, a leading U.S. homebuilder, has launched its first virtual new-home community in the metaverse, specifically on the Decentraland platform. This innovative project aims to engage the next generation of homebuyers by allowing them to personalize virtual model homes through advanced technology. The community features a welcome pavilion and three distinct architectural styles, offering options for customizing flooring, cabinets, and more. KB Home emphasizes its legacy of innovation, partnering with The Metaverse Group to enhance customer experiences. This initiative positions the company at the forefront of digital leadership in homebuilding.
KB Home reported a 16% increase in fourth quarter revenues to $1.94 billion and a 29% rise in diluted EPS to $2.47. For the full year, net income surged 45% to $816.7 million, while diluted EPS grew 51% to $9.09. Despite these gains, net orders fell 80% year-over-year, reflecting challenges from high mortgage rates and inflation, with a cancellation rate of 68%. The company holds a backlog worth $3.69 billion. 2023 guidance anticipates housing revenues between $5.00 billion to $6.00 billion.
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