KB Home Stock Price, News & Analysis

KB Home (NYSE: KBH) will announce its earnings for Q2 ended May 31, 2022 after the market closes on June 22, 2022. A live earnings conference call is scheduled for 2:00 p.m. Pacific Time the same day. KB Home is recognized as a major homebuilder in the U.S., having constructed over 655,000 homes in 65 years. The company prides itself on personalization for homebuyers and is a leader in energy-efficient homebuilding, offering ENERGY STAR certified homes.

KB Home (NYSE: KBH) has priced an offering of $350.0 million in 7.25% senior unsecured notes due 2030. The notes will be issued at a public offering price of 100.00% and are expected to yield net proceeds of approximately $345.5 million. The company plans to utilize the net proceeds for retiring its 7.5% Senior Notes due 2022 and for general corporate purposes. The offering is anticipated to close on June 22, 2022, pending customary conditions.

KB Home (NYSE: KBH) has initiated a public offering of $350 million in senior unsecured notes maturing in 2030. The notes will be guaranteed by its subsidiaries and proceeds will primarily be used to retire existing 7.5% Senior Notes due 2022 and for general corporate purposes. This offering aligns with KB Home's previous shelf registration statement filed with the SEC. The lead managers for the offering include major financial institutions such as Citigroup, BofA Securities, and Wells Fargo.

KB Home has announced the grand opening of three new communities in Valencia, California: Sage, Vesper, and Crimson. These neighborhoods feature a variety of floor plans, including spacious single-family homes, paired homes, and townhomes, catering to diverse lifestyles and budgets. Prices start from low $1M, low $800,000, and mid $700,000 respectively. The communities offer easy access to major highways, shopping, and outdoor recreation, enhancing their appeal to homebuyers looking for a vibrant lifestyle in Los Angeles County.

KB Home has announced the grand opening of two new home communities, Traditions and Reserves, at the Liberty master plan in Phoenix, Arizona. These neighborhoods offer homes priced from the $380,000s to $420,000s, featuring spacious kitchens, large bedrooms, and options for personalization. Located near major highways, shopping, and recreational activities, the communities provide access to parks and trails. KB Home emphasizes energy-efficient construction, ensuring all homes are ENERGY STAR certified for better utility savings and indoor air quality.