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 has announced the grand opening of two new single-family home communities, Aston Park and Montclaire, located near Kent Station in the Seattle area. These communities offer easy access to public transit, major highways, and local amenities including shopping and schools. Designed with spacious floor plans ranging from 1,600 to 2,500 square feet, homes feature up to five bedrooms and three baths. They also include the KB Home Office for personalized workspace options. Pricing starts from the $590,000s, and all homes are ENERGY STAR certified, ensuring increased energy efficiency.
KB Home has declared a quarterly cash dividend of $.15 per share on its common stock. This dividend is set to be paid on May 20, 2021 to stockholders of record as of May 6, 2021. KB Home is a prominent homebuilder in the U.S., operating in 45 markets across eight states for over 60 years. They offer personalized homebuilding services and are known for their energy-efficient homes certified by ENERGY STAR.
KB Home (NYSE: KBH) reported a strong first quarter for 2021, with diluted earnings per share increasing 62% to $1.02. Revenue rose 6% to $1.14 billion, driven by a 4% rise in homes delivered and a 90% surge in homebuilding operating income. The backlog value increased 74% year-over-year, reflecting robust demand, particularly among Millennials. The company's gross profit margin improved to 21.1%, supported by favorable market conditions. KB Home maintained a solid liquidity position, with total liquidity at $1.36 billion and cash reserves at $569.8 million.
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