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 has announced the grand opening of two new communities, Cheyenne and Rock Meadows, in Winchester, California, within the Olivebrook master plan. Homes are priced from the $440,000s and $450,000s respectively. The communities feature energy-efficient designs, personalized options, and convenient access to shopping and outdoor activities. Homebuyers can visit the sales offices for tours or schedule virtual meetings. KB Home emphasizes customization and has built over 655,000 homes in its 65-year history.
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KB Home has announced the grand opening of Cascade Valley in the Cobblestone master plan located in Plumas Lake, California, starting at $390,000. The community features new homes on large lots, with spacious floor plans offering up to five bedrooms and three baths, ranging from 1,400 to 2,300 square feet. Homebuyers benefit from personalized options and access to local amenities, including parks and shopping. The homes are designed to be ENERGY STAR certified, ensuring energy efficiency.
KB Home has launched the first all-electric, solar- and battery-powered microgrid communities in California in partnership with the U.S. Department of Energy, SunPower, and other industry leaders. These energy-smart homes aim to reduce energy usage by up to 40%, enhance resilience during grid outages, and lower carbon footprints. The project features smart technologies, EV charger readiness, and real-time monitoring, while also receiving DOE Zero Energy Ready Home certification. The initiative reflects KB Home's commitment to sustainability and energy efficiency.
On November 2, 2022, SunPower Corp. (SPWR) announced a collaboration with KB Home (KBH), University of California, Irvine, Schneider Electric, and Southern California Edison to develop energy-smart connected communities in Menifee, California. This project involves over 200 all-electric homes featuring solar power and battery storage systems, creating self-supporting microgrids. Funded by a $6.65 million Department of Energy grant, these homes aim to reduce energy costs and greenhouse gas emissions by meeting Zero Energy Ready Home standards, thus providing a model for sustainable home development.
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The board of directors of KB Home (NYSE: KBH) has declared a quarterly cash dividend of $.15 per share on its common stock. This dividend is payable on November 23, 2022, to stockholders of record as of November 10, 2022. KB Home is a leading homebuilder in the U.S., known for its energy-efficient homes and customer satisfaction. The company has built over 655,000 homes in its 65-year history, operating across 47 markets nationwide.