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.
The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of
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.
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