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 U.S. residential homebuilder focused on new single-family homes and master-planned communities for first-time and move-up buyers. The KBH news stream highlights how the company is deploying its homebuilding strategy across its 49 U.S. markets, as well as key financial and corporate developments disclosed through press releases and SEC-related announcements.
Investors and observers can follow regular updates on new community openings in regions such as California, Washington, Colorado and Arizona. Recent news has featured the launch of neighborhoods within master plans in cities including Ontario, Morgan Hill, Roseville, American Canyon, Manteca, Port Orchard, Bennett and East Tucson. These announcements typically describe home designs, available floor plans, community amenities like parks, trails, pools and clubhouses, and proximity to local or highly rated schools and employment centers.
The KB Home news flow also includes earnings-related communications, such as notices of upcoming quarterly and annual results and summaries of financial performance. These items provide context on revenues, homes delivered, net orders, backlog and other operating metrics, as well as commentary from management on housing market conditions and capital allocation, including stock repurchase activity and credit facility updates.
By reviewing the KBH news page, readers can track how KB Home is expanding its community footprint, emphasizing personalized and ENERGY STAR certified homes, and managing its financial position as a publicly traded homebuilder. The news archive offers ongoing insight into the company’s operational milestones, geographic expansion within master-planned communities and key financial disclosures that may be relevant to prospective homebuyers and market participants.
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The board of directors at KB Home (NYSE: KBH) has announced a quarterly cash dividend of $.15 per share on common stock. This dividend is payable on February 17, 2022, to stockholders of record as of February 3, 2022. KB Home is a leading homebuilder in the United States, recognized for its energy-efficient homes and exceptional personalization options for buyers. With over 655,000 homes built in its 65-year history, the company operates in 47 markets nationwide.
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KB Home (NYSE: KBH) announces the grand opening of three new home communities: Avalon, Sonoma, and Cambria at Spring Mountain Ranch, Riverside, California. Homes are priced from the mid $500,000s and range from approximately 1,300 to 3,300 square feet, accommodating up to six bedrooms. The communities offer convenient access to major highways, shopping, and outdoor recreation. Each home is built to be ENERGY STAR certified, promoting energy efficiency and savings. Sales offices are open for tours and video consultations.
KB Home reported strong fourth-quarter results for 2021, achieving total revenues of $1.68 billion, up 40%. Diluted earnings per share surged 71% to $1.91, with operating income margin improving 310 basis points to 12.8%. Net order value increased 12% to $1.77 billion, while ending backlog grew 67% to $4.95 billion. The return on equity reached 19.9%, an increase of 810 basis points. For 2022, the company expects revenues between $7.20 billion and $7.60 billion, with a projected return on equity exceeding 26%.
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KB Home (NYSE: KBH) has announced the grand opening of Autumn Creek, a new community of single-story homes in Winchester, California, with prices starting from the low $500,000s. The homes range from approximately 1,400 to 2,300 square feet, featuring up to five bedrooms and two baths. Located near major highways and local amenities, Autumn Creek offers homebuyers options to personalize their homes. All homes are ENERGY STAR certified, ensuring energy efficiency and lower utility costs.
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KB Home has been recognized as the only national homebuilder on The Wall Street Journal's 2021 'Management Top 250' list, a ranking that evaluates over 846 publicly traded companies. This recognition reflects KB Home's commitment to customer satisfaction, employee engagement, innovation, social responsibility, and financial strength. Jeffrey Mezger, KB Home’s CEO, stated this honor underscores their dedication to delivering long-term value and sustainability. The company was also featured on Newsweek and Forbes' responsible companies lists.
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